INF090I01726
₹3,100.22
Franklin India Mid Cap Fund is an open-end growth scheme with an objective to provide medium to long term capital appreciation as a primary objective and income as a secondary objective. The fund focuses on investing in mid-cap companies to generate superior returns over the long term.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
The fund follows a disciplined investment approach:
- Stock Selection Process: Emphasis on quality companies with strong fundamentals
- Long-term Focus: Focused on picking quality companies and holds them for a long duration to generate good compounding returns in their funds
- Risk-Return Balance: Targets medium to long-term capital appreciation while managing downside risks
- Investment Horizon: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years
The fund is managed by experienced professionals with strong track records:
R. Janakiraman
- B.E and PGDM (Business Management)
- Prior to joining Franklin Templeton Investments, he has worked with Indian Syntans Inv. Pvt. Ltd., Citicorp Information Tech Ltd. and UTI Securities Exchange Ltd.
Sandeep Manam
- PGDM (IIM-Ahmedabad), B.Tech (Electronics & Communication Engg.)- National Institute of Technology Calicut
- Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Cognizant Technology Solutions, Shapoorji Pallonji & Company Private Limited
Akhil Kalluri
- MBA, IIM Lucknow. B.Tech. (Electronics and Communications Engineering), Andhra University
- Prior to joining Franklin Templeton Mutual Fund, he has worked with Credit Suisse, ICICI Securities
The fund management team has extensive experience of 15 years while managing equity & related investments.
Franklin Templeton Asset Management (India) Private Limited is a well-established asset management company with a strong presence in the Indian mutual fund industry. The AMC is known for its disciplined investment approach and focus on long-term wealth creation.
Key highlights about Franklin Templeton:
- Global Expertise: Part of the Franklin Templeton group with international investment management experience
- Investment Philosophy: Focus on fundamental research and long-term value creation
- Product Range: Comprehensive suite of mutual fund schemes across equity, debt, and hybrid categories
- Research-Driven Approach: Strong emphasis on in-house research and analysis
The fund house has been serving Indian investors for several decades and has built a reputation for consistent performance across market cycles.
Franklin India Mid Cap Fund can be suitable for investors who:
Ideal For:
- Investors with long-term investment horizon (7+ years)
- Those seeking higher growth potential through mid-cap exposure
- Investors comfortable with moderate to high volatility
- Those looking to diversify their large-cap heavy portfolios
Key Considerations:
- The fund currently has an Asset Under Management(AUM) of ₹1,20,278 Cr and the Latest NAV as of 22 Aug 2025 is ₹3,100.22
- The Franklin India Mid Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500
- Franklin India Mid Cap Fund - Growth trailing returns over different times are 3.53% (1 year), 24.89% (3 year), 26.25% (5 year)
Investment Strategy:
- Like for all equity funds, you must invest only through the SIP route
- Maintain disciplined approach and avoid timing the market
- Regular review and rebalancing as per financial goals
What is today's NAV of Franklin India Mid Cap Fund?
The latest NAV varies daily. You can check the current NAV on Allvest platform or the official Franklin Templeton website for real-time updates.
What is the AUM of Franklin India Mid Cap Fund?
The fund currently has an Asset Under Management(AUM) of ₹1,20,278 Cr as of 22 Aug 2025.
What is the expense ratio of Franklin India Mid Cap Fund?
This fund has an expense ratio of 1.37% for regular plans. Direct plans typically have lower expense ratios.
What are the returns of Franklin India Mid Cap Fund since inception?
The fund has delivered competitive long-term returns, though past performance doesn't guarantee future results. Check Allvest for detailed historical performance data.
What is the minimum SIP amount to invest in Franklin India Mid Cap Fund?
Minimum SIP Investment is set to ₹500 and the minimum lumpsum investment is ₹5,000.
How do I invest in Franklin India Mid Cap Fund?
You can easily invest through Allvest platform by creating an account, completing KYC, and selecting the fund for SIP or lumpsum investment.
How to start a SIP in Franklin India Mid Cap Fund?
Log into your Allvest account, search for Franklin India Mid Cap Fund, choose SIP option, set your monthly amount and start date. The platform will automate your investments.
How do I automate an SIP in Franklin India Mid Cap Fund?
Through Allvest, set up auto-debit instructions from your bank account. The SIP will automatically deduct the specified amount monthly and invest in the fund.
How can I withdraw/redeem my investment in Franklin India Mid Cap Fund?
You can redeem your investment anytime through Allvest platform. Note that redemptions within 1 year may attract exit load charges as per the fund's terms.