Investment Objective and Approach

The Franklin India Large & Mid Cap Fund seeks to provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap stocks. This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains.

The fund follows an active investment approach that allows the portfolio managers to strategically allocate assets between large-cap and mid-cap companies based on market opportunities and valuation dynamics. This flexibility is beneficial for fund investors as it enables the management team to capture growth opportunities across different market segments.

Key Investment Features:

- Diversified portfolio across large and mid-cap segments

- Active management with flexible asset allocation

- Focus on companies with strong growth potential

- Long-term capital appreciation strategy

Fund Managers

The Franklin India Large & Mid Cap Fund is managed by an experienced team of fund managers:

R Janakiraman, Srikesh Nair, and Lakshmikanth Reddy are the current fund managers of Franklin India Large & Mid Cap Fund. Mr. Janakiraman holds a B.E and PGDM (Business Management) qualification and brings extensive experience in equity research and portfolio management.

Mr. Sanjeevi is a PGDM (IIM-Ahmedabad), CA, B.Com and has previously worked with Pictet Asset Management London, ICICI Prudential AMC, and Edelweiss Asset Management. The fund management team combines technical expertise with deep market insights to deliver consistent performance.

Fund Manager Credentials:

- Combined experience spanning multiple market cycles

- Strong academic backgrounds with professional certifications

- Track record of managing large equity portfolios

- Experience across different market segments and investment styles

About the Fund House (AMC)

Franklin Templeton Investments began its operations in India in 1996 under the name Templeton Asset Management India Pvt. Ltd. The trust, Franklin Templeton Mutual Fund, is registered with SEBI under the registration number MF/026/96/8.

Franklin Templeton is a globally recognized asset management company with a strong presence in the Indian mutual fund industry. The AMC has built a reputation for delivering consistent long-term performance across various fund categories and has been serving Indian investors for nearly three decades.

AMC Highlights:

- Nearly 30 years of experience in Indian markets

- SEBI registered Asset Management Company

- Strong research and investment capabilities

- Diverse fund offerings across asset classes

- Commitment to investor education and transparency

Financial Metrics (as of available dates):

- AUM: ₹3,627.06 Cr as of 24th July 2025

- Expense Ratio: 1.30% as of 24th July 2025

- Minimum SIP Investment: ₹500, Minimum Lumpsum Investment: ₹5,000

- Fund Inception: 19th February 1996

Should I Invest in Franklin India Large & Mid Cap Fund?

Franklin India Large & Mid Cap Fund can be suitable for investors with specific investment profiles and objectives. Here are key considerations:

Suitable for:

- Investors seeking long-term capital appreciation with moderate to high risk tolerance

- Those looking for diversified exposure across large and mid-cap companies

- Investors with investment horizon of at least 5-7 years

- Portfolio diversification seekers who want active fund management

Performance Indicators:

- 5-year annualized return of 21.67% as of 23rd August 2025

- Positive alpha of 5.85, indicating outperformance compared to expected returns

- Rated as Very High risk category

Investment Considerations:

- Do not invest if you need to redeem your investment in less than five years

- Be prepared for ups and downs in your investment value along the way

- Invest only through the SIP route for better risk management

Exit Load and Tax Implications:

- Exit load of 1% if redeemed within 1 year

- If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%

FAQs

What is today's NAV of Franklin India Large & Mid Cap Fund?

The latest NAV for Franklin India Large & Mid Cap Fund is ₹212.71. NAVs are updated daily and can be checked on fund house websites or investment platforms.

What is the AUM of Franklin India Large & Mid Cap Fund?

The AUM (Assets Under Management) of Franklin India Large & Mid Cap Fund is ₹3,627.06 Cr as of 24th July 2025. This reflects the total value of assets managed by the fund.

What is the expense ratio of Franklin India Large & Mid Cap Fund?

The expense ratio of Franklin India Large & Mid Cap Fund is 1.30% as of 24th July 2025. This is the annual fee charged for managing your investments.

What are the returns of Franklin India Large & Mid Cap Fund since inception?

The fund was launched on 19th February 1996 and has delivered consistent long-term performance. The fund has delivered an annualized return of 21.67% over the past five years as of 23rd August 2025.

What is the minimum SIP amount to invest in Franklin India Large & Mid Cap Fund?

The minimum SIP investment is set to ₹500, making it accessible for retail investors to start their investment journey with small monthly contributions.

How do I invest in Franklin India Large & Mid Cap Fund?

You can invest through Allvest's platform, directly through Franklin Templeton's website, or through registered distributors. Online platforms like Allvest offer convenient investment options with easy KYC processes.

How to start a SIP in Franklin India Large & Mid Cap Fund?

Visit Allvest's website or app, complete your KYC verification, select Franklin India Large & Mid Cap Fund, choose SIP option, set your monthly amount (minimum ₹500), and set up auto-debit instructions for seamless investments.

How do I automate an SIP in Franklin India Large & Mid Cap Fund?

Through Allvest, you can set up automatic SIP deduction from your bank account by providing a mandate. This ensures your investments continue without manual intervention each month.

How can I withdraw/redeem my investment in Franklin India Large & Mid Cap Fund?

You can redeem your investments through Allvest's platform, fund house website, or by submitting redemption forms. Note that exit load of 1% applies if redeemed within 1 year of investment.