Should I invest in Franklin Asian Equity Fund - Direct?

We don't give personal investment advice. Franklin Asian Equity Fund - Direct - Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 34.5%. 5-year CAGR: 8.37%.

Franklin Asian Equity Fund - Direct - Growth

Latest NAV

₹50.3687

As of

3 Jun 2026

3,300 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.24%	+0.27%	-0.03	132 / 258	Q3
1W	+1.24%	-1.34%	+2.57	17 / 258	Q1
2W	+6.77%	+0.04%	+6.73	3 / 259	Q1
1M	+10.03%	-0.39%	+10.41	2 / 259	Q1
3M	+22.24%	+2.19%	+20.05	4 / 257	Q1
6M	+31.54%	-1.09%	+32.63	2 / 247	Q1
YTD	+28.70%	-1.30%	+30.00	2 / 247	Q1
1Y	+57.53%	+5.02%	+52.51	2 / 230	Q1
2Y	+32.62%	+5.50%	+27.12	2 / 182	Q1
3Y	+22.66%	+16.94%	+5.72	31 / 139	Q1
4Y	+16.81%	+16.57%	+0.24	60 / 119	Q3
5Y	+8.37%	+13.73%	-5.36	105 / 109	Q4
7Y	+12.81%	+16.42%	-3.62	71 / 91	Q4
10Y	+11.95%	+15.07%	-3.13	66 / 76	Q4
Inception	+10.52%	+10.45%	+0.07	161 / 259	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+28.70%	-0.94%	+29.64	2 / 244
2025	+24.54%	+4.41%	+20.13	4 / 208
2024	+15.29%	+23.18%	-7.89	117 / 155
2023	+1.68%	+33.51%	-31.84	126 / 127
2022	-13.75%	+4.32%	-18.08	106 / 116
2021	-5.32%	+34.43%	-39.75	104 / 104
2020	+26.63%	+21.19%	+5.43	26 / 94
2019	+29.16%	+9.30%	+19.86	3 / 85
2018	-12.76%	-5.36%	-7.40	53 / 77
2017	+35.72%	+35.61%	+0.11	44 / 76
2016	+7.85%	+4.98%	+2.87	28 / 76

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+9.80%

152 windows

min -30.8% · max 57.5%

70% positive

3-Year rolling

+7.65%

128 windows

min -10.6% · max 22.7%

86% positive

5-Year rolling

+7.71%

103 windows

min 0.6% · max 18.0%

100% positive

7-Year rolling

+8.03%

79 windows

min 2.7% · max 13.8%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.69%

3-year · annualised

Sharpe ratio

0.99

vs risk-free 6.5%

Sortino ratio

2.06

Downside-only deviation

Max drawdown

-14.24%

Sep 2024 → Apr 2025

% positive months

72.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - Growth Option - Direct Plan	HDFC	₹18.0340	3 Jun 2026
Nippon India Active Momentum Fund-Direct Plan - Growth Option	Nippon India	₹12.1791	3 Jun 2026
SBI Automotive Opportunities Fund - Direct Plan - Growth	SBI	₹11.7563	3 Jun 2026
ICICI Prudential Active Momentum Fund - Direct Plan - Growth	ICICI Prudential	₹10.6800	3 Jun 2026
Invesco India Business Cycle Fund - Direct Plan - Growth	Invesco	₹13.3000	3 Jun 2026
Bandhan Business Cycle Fund - Direct Plan - Growth	Bandhan	₹9.6290	3 Jun 2026
quant BFSI Fund - Growth Option - Direct Plan	Quant	₹20.2506	3 Jun 2026
QUANTUM ESG BEST IN CLASS STRATEGY FUND - DIRECT PLAN - GROWTH OPTION	Quantum	₹23.5100	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹66.7400	3 Jun 2026
Motilal Oswal Active Momentum Fund- Direct-Growth	Motilal Oswal	₹13.3284	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹50.3687
2 Jun 2026	₹50.2493
1 Jun 2026	₹49.8219
29 May 2026	₹49.5459
27 May 2026	₹49.7540
26 May 2026	₹49.0976
25 May 2026	₹48.8698
22 May 2026	₹48.2497
21 May 2026	₹47.9932
20 May 2026	₹47.1764

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Franklin Asian Equity Fund - Direct - Growth is ₹50.3687. It's a Sectoral/Thematic Fund from the fund house, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Franklin Asian Equity Fund - Direct - Growth has NAV history starting from 01 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Franklin Asian Equity Fund - Direct - Growth is managed by the fund house. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Franklin Asian Equity Fund - Direct - Growth has delivered a absolute return of 57.53% — +52.51 pp ahead of the Sectoral/Thematic Fund category average of 5.02%. The fund ranks #2 of 230 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin Asian Equity Fund - Direct - Growth has delivered a CAGR of 22.66% — +5.72 pp ahead of the Sectoral/Thematic Fund category average of 16.94%. The fund ranks #31 of 139 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Franklin Asian Equity Fund - Direct - Growth has delivered a CAGR of 8.37% — -5.36 pp behind the Sectoral/Thematic Fund category average of 13.73%. The fund ranks #105 of 109 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Franklin Asian Equity Fund - Direct - Growth exactly 10 years ago would be worth approximately ₹309,069 today — a multiplier of 3.09×, based on the 10-year CAGR of 11.95%. The category average over the same window would have grown ₹1 lakh to ₹407,181.

A ₹10,000 monthly SIP in Franklin Asian Equity Fund - Direct - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹1,004,382 today. That's an XIRR (money-weighted annualised return) of 20.71%.

A ₹10,000 monthly SIP for 10 years in Franklin Asian Equity Fund - Direct - Growth = ₹1,200,000 invested. It would currently be worth ₹2,348,957 (multiplier 1.96×). XIRR: 12.88%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Franklin Asian Equity Fund - Direct - Growth ranks #105 out of 109 funds in the Sectoral/Thematic Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 13.73%; this fund delivered 8.37%.

The worst peak-to-trough decline Franklin Asian Equity Fund - Direct - Growth has experienced over the last 5-year window is 34.47% — its NAV fell from a high on 25 Jun 2021 to a low on 25 Oct 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Franklin Asian Equity Fund - Direct - Growth averaged 7.71% (best 18.00%, worst 0.63%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.17 — weak risk-adjusted performance.

In calendar year 2025, Franklin Asian Equity Fund - Direct - Growth returned 24.54% — beating the Sectoral/Thematic Fund category average of 4.41% by 20.13 pp. It ranked #4 of 208 in its category that year.

Franklin Asian Equity Fund - Direct - Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Franklin Asian Equity Fund - Direct - Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 34.5%. 5-year CAGR: 8.37%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.