Franklin India Smaller Companies Fund Direct Growth

Franklin India Smaller Companies Fund Direct Growth

NAV as on 28-03-2025

₹ 171.21

0.4%

1D

Inception Returns

20.7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
5959 people have invested ₹ 3.9Cr in Franklin India Smaller Companies Fund Direct Growth in the last three months

About Franklin India Smaller Companies Fund Direct Growth

Franklin India Smaller Companies Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Janakiraman. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Franklin India Smaller Companies Fund Direct Growth has ₹11257 Cr worth of assets under management (AUM) as on Feb 2025 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

Franklin India Smaller Companies Fund Direct Growth has given a CAGR return of 20.67% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.14%, 21.30% and 36.30% respectively.

Holdings

Franklin India Smaller Companies Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Basic Materials, Tech, Real Estate, Consumer Defensive, Utilities, Corporate, Energy, Communication. Its top holdings are Brigade Enterprises Ltd, Aster DM Healthcare Ltd Ordinary Shares, Karur Vysya Bank Ltd, Equitas Small Finance Bank Ltd Ordinary Shares, Deepak Nitrite Ltd

Taxation

As it is a small-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Franklin India Smaller Companies Fund Direct Growth

The Fund seeks to provide long-term capital appreciation by investing predominantly in small cap companies.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Smaller Companies Fund Direct Growth has no lock in period.

Franklin India Smaller Companies Fund Direct Growth Overview

Expense ratio0.98%
Benchmark
S&P BSE Smallcap TR INR
AUM₹11257 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
27.71%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for Franklin India Smaller Companies Fund Direct Growth

Powered by IND quant engine
IND ranking is not available for this fund.
img
Beats FD returns for both 3Y & 5Y duration
img
No bad points found for this fund.

Trailing Returns

as on (28-Mar-25)

Period
Franklin India Smaller Companies Fund Direct Growth
Nifty Smallcap 250
small-cap
1M
4.1%
9.1%
5.5%
3M
-15.4%
-14.7%
-14.4%
6M
-18.1%
-17.9%
-16.9%
1Y
4.1%
5.4%
7.7%
3Y
21.3%
17.7%
17.9%
5Y
36.3%
36.6%
35.8%

Fund Distribution

as on (28-Feb-25)

  • Equity 93%

  • Debt & Cash 6.9%

Small cap
74.3%

Mid cap
10.9%

Large cap
6.6%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
21.5%
Industrial
21.4%
Consumer Cyclical
16%
Health
11.8%
Basic Materials
11.1%
Tech
5.3%
Real Estate
5.1%
Consumer Defensive
3.9%
Utilities
2.8%
Energy
1%
Communication
0.1%
All changes are between Dec'24 and Feb'25
Dec'24
Fund Returns
-0.08%
Nifty Smallcap 250
-0.49%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 11.3K Cr
₹ 12.9K Cr
₹ 14.1K Cr
  • AUM of the fund stands at 11.3K Cr as of Feb'25
  • AUM decreased by 1.6K Cr between Feb'25 and Jan'25
Top Stocks bought last month
Axis Bank Ltd's allocation increased from 0.5% to 1.18%
Axis Bank Ltd's allocation increased from 0.5% to 1.18%
Sapphire Foods India Ltd's allocation increased from 0.88% to 1.41%
Sapphire Foods India Ltd's allocation increased from 0.88% to 1.41%
V-Mart Retail Ltd's allocation increased from 0.81% to 1.2%
V-Mart Retail Ltd's allocation increased from 0.81% to 1.2%
Top Stocks sold last month
Brigade Enterprises Ltd's allocation decreased from 3.52 % to 3.25 %
Brigade Enterprises Ltd's allocation decreased from 3.52 % to 3.25 %
Aster DM Healthcare Ltd Ordinary Shares's allocation decreased from 3.06 % to 2.87 %
Aster DM Healthcare Ltd Ordinary Shares's allocation decreased from 3.06 % to 2.87 %
Karur Vysya Bank Ltd's allocation decreased from 2.62 % to 2.5 %
Karur Vysya Bank Ltd's allocation decreased from 2.62 % to 2.5 %
Mid Cap allocation has gone down from 11.1% to 10.9%
Mid Cap allocation has gone down from 11.1% to 10.9%
Large Cap allocation has gone up from 5.4% to 6.6%
Large Cap allocation has gone up from 5.4% to 6.6%
Small Cap allocation has gone down from 76.4% to 74.3%
Small Cap allocation has gone down from 76.4% to 74.3%
Cash allocation has gone up from 5.5% to 6.9%
Cash allocation has gone up from 5.5% to 6.9%

Top 3 Sectors in February were Industrial, Financial Services & Consumer Cyclical

Feb'25
Financial Services
21%
Industrial
21%
Consumer Cyclical
16%
Jan'25
Industrial
23%
Financial Services
20%
Consumer Cyclical
15%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
94
97
95
Top 5 Company Concentration
13.3%
14.2%
14.1%
Company having highest exposure
Brigade Enterprises Ltd (3.3%)
Brigade Enterprises Ltd (3.5%)
Brigade Enterprises Ltd (3.4%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
81.8%
80.8%
81.3%
Sector having highest exposure
Financial Services (21.5%)
Industrial (22.8%)
Industrial (24.8%)
Loading...
We are taking more time than usual
R. Janakiraman
R. Janakiraman
Fund Manager of Franklin India Smaller Companies Fund Direct Growth, since 1 February 2011
Fund House
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Total AUM
₹1.11L Cr
as on 28-Feb-2025
Address
One International Centre, Tower 2, 12th and 13th Floor,Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
+9122-67519100
Website
services@franklintempleton.com

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has experienced a 19.9% drop in AUM moving from 14.04K Cr to 11.25K Cr.
Insights icon
In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 27.11% return, outperforming this fund by 5.81% per annum.
Insights icon
In the last 1 year, Motilal Oswal Small Cap Fund Direct Growth has given 21.82% return, outperforming this fund by 17.68%.
Insights icon
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 52.71% return, outperforming this fund by 16.42% per annum.
Insights icon
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.98% which is lower than the category average expense ratio of 1.21%.

Franklin India Smaller Companies Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 20.67% since inception which is more than its category average return of 17.09%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.96% in Equity, 0% in Debt and 6.86% in Cash related instruments
AUM size ₹11257 Cr

AUM size ₹11257 Cr

This fund has AUM of ₹11257 Cr which is more than its category average of ₹ 9338 Cr
Expense Ratio 0.98%

Expense Ratio 0.98%

This fund has an expense ratio of 0.98% which is less than its category average expense ratio of 1.29%
Most Popular Comparisons
    • Franklin India Smaller Companies Fund
      Franklin India Smaller Companies Fund
      Vs
    • Nippon India Small Cap Fund Direct Growth
      Nippon India Small Cap Fund Direct Growth
    Compare
    • Franklin India Smaller Companies Fund
      Franklin India Smaller Companies Fund
      Vs
    • SBI Small Cap Fund Direct Growth
      SBI Small Cap Fund Direct Growth
    Compare
    • Franklin India Smaller Companies Fund
      Franklin India Smaller Companies Fund
      Vs
    • HDFC Small Cap Fund Direct Growth
      HDFC Small Cap Fund Direct Growth
    Compare
    • Franklin India Smaller Companies Fund
      Franklin India Smaller Companies Fund
      Vs
    • Quant Small Cap Fund Direct Growth
      Quant Small Cap Fund Direct Growth
    Compare
    • Franklin India Smaller Companies Fund
      Franklin India Smaller Companies Fund
      Vs
    • Canara Robeco Small Cap Fund Direct Growth
      Canara Robeco Small Cap Fund Direct Growth
    Compare

Frequently Asked Questions for Franklin India Smaller Companies Fund Direct Growth

The current NAV of Franklin India Smaller Companies Fund Direct Growth is ₹171.21 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Franklin India Smaller Companies Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.15%
4.15%
6 Month Returns
-18.1%
-18.1%
1 Year Returns
4.14%
4.14%
3 Years Returns
78.5%
21.3%
5 Years Returns
370.34%
36.3%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.98% as on February 2025
₹11257 Cr as on February 2025
Brigade Enterprises Ltd(3.25%), Aster DM Healthcare Ltd Ordinary Shares(2.87%), Karur Vysya Bank Ltd(2.5%), Equitas Small Finance Bank Ltd Ordinary Shares(2.43%), Deepak Nitrite Ltd(2.28%) as on February 2025
Financial Services(19.98%), Industrial(19.87%), Consumer Cyclical(14.88%) as on February 2025
The alpha ratio for the Franklin India Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Franklin India Smaller Companies Fund Direct Growth
1.43
3.95
2.66
As on February 2025
The alpha for Franklin India Smaller Companies Fund Direct Growth is calculated against S&P BSE Smallcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Franklin India Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Franklin India Smaller Companies Fund Direct Growth
0.9
0.82
0.86
As on February 2025
The Beta for Franklin India Smaller Companies Fund Direct Growth is calculated with S&P BSE Smallcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Franklin India Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Franklin India Smaller Companies Fund Direct Growth
-0.39
0.76
0.87
As on February 2025
The sharpe ratio for Franklin India Smaller Companies Fund Direct Growth is calculated with S&P BSE Smallcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Franklin India Smaller Companies Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Franklin India Smaller Companies Fund Direct Growth
22.14
17.43
23.39
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.19 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.44 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Janakiraman is the fund manager of Franklin India Smaller Companies Fund Direct Growth
The Exit load of Franklin India Smaller Companies Fund Direct Growth is 1%