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: 32.9%. 5-year CAGR: 7.76%.

Franklin Asian Equity Fund - Direct - Growth

Latest NAV

₹47.9773

As of

17 Jul 2026

3,331 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	-2.05%	-0.05%	-2.01	257 / 258	Q4
1W	-3.17%	-0.18%	-2.98	257 / 258	Q4
2W	-4.33%	-0.17%	-4.16	257 / 259	Q4
1M	-4.65%	+1.63%	-6.27	257 / 259	Q4
3M	+10.38%	+4.83%	+5.56	45 / 259	Q1
6M	+16.51%	+4.61%	+11.90	23 / 250	Q1
YTD	+22.59%	+2.98%	+19.61	3 / 247	Q1
1Y	+41.50%	+5.46%	+36.04	2 / 235	Q1
2Y	+24.66%	+4.09%	+20.57	3 / 187	Q1
3Y	+19.63%	+15.93%	+3.70	46 / 148	Q2
4Y	+15.47%	+17.58%	-2.11	79 / 121	Q3
5Y	+7.76%	+13.72%	-5.97	104 / 110	Q4
7Y	+10.78%	+17.79%	-7.02	87 / 91	Q4
10Y	+10.78%	+14.89%	-4.11	72 / 76	Q4
Inception	+10.02%	+12.07%	-2.05	174 / 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	+22.59%	+3.40%	+19.19	3 / 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

+10.35%

153 windows

min -26.6% · max 57.3%

75% positive

3-Year rolling

+7.94%

129 windows

min -8.6% · max 21.4%

87% positive

5-Year rolling

+7.89%

105 windows

min 0.9% · max 20.0%

100% positive

7-Year rolling

+8.18%

80 windows

min 3.4% · max 14.4%

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

14.09%

3-year · annualised

Sharpe ratio

0.86

vs risk-free 6.5%

Sortino ratio

1.70

Downside-only deviation

Max drawdown

-14.24%

Sep 2024 → Apr 2025

% positive months

63.9%

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	₹19.7420	17 Jul 2026
Nippon India Active Momentum Fund-Direct Plan - Growth Option	Nippon India	₹13.0154	17 Jul 2026
SBI Automotive Opportunities Fund - Direct Plan - Growth	SBI	₹12.5868	17 Jul 2026
ICICI Prudential Active Momentum Fund - Direct Plan - Growth	ICICI Prudential	₹10.8700	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - Growth	Invesco	₹14.5000	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - Growth	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - Growth Option - Direct Plan	Quant	₹22.0723	17 Jul 2026
QUANTUM ESG BEST IN CLASS STRATEGY FUND - DIRECT PLAN - GROWTH OPTION	Quantum	₹24.7900	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹72.8200	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-Growth	Motilal Oswal	₹13.5242	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹47.9773
16 Jul 2026	₹48.9824
15 Jul 2026	₹49.5931
14 Jul 2026	₹48.6889
13 Jul 2026	₹48.6717
10 Jul 2026	₹49.5457
9 Jul 2026	₹49.2388
8 Jul 2026	₹48.9631
7 Jul 2026	₹49.6473
6 Jul 2026	₹50.4142

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 17 Jul 2026, the NAV of Franklin Asian Equity Fund - Direct - Growth is ₹47.9773. 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 6 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 41.50% — +36.04 pp ahead of the Sectoral/Thematic Fund category average of 5.46%. The fund ranks #2 of 235 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin Asian Equity Fund - Direct - Growth has delivered a CAGR of 19.63% — +3.7 pp ahead of the Sectoral/Thematic Fund category average of 15.93%. The fund ranks #46 of 148 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Franklin Asian Equity Fund - Direct - Growth has delivered a CAGR of 7.76% — -5.97 pp behind the Sectoral/Thematic Fund category average of 13.72%. The fund ranks #104 of 110 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 ₹278,309 today — a multiplier of 2.78×, based on the 10-year CAGR of 10.78%. The category average over the same window would have grown ₹1 lakh to ₹400,745.

A ₹10,000 monthly SIP in Franklin Asian Equity Fund - Direct - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹947,516 today. That's an XIRR (money-weighted annualised return) of 18.32%.

A ₹10,000 monthly SIP for 10 years in Franklin Asian Equity Fund - Direct - Growth = ₹1,200,000 invested. It would currently be worth ₹2,204,746 (multiplier 1.84×). XIRR: 11.70%. 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 #104 out of 110 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 13.72%; this fund delivered 7.76%.

The worst peak-to-trough decline Franklin Asian Equity Fund - Direct - Growth has experienced over the last 5-year window is 32.93% — its NAV fell from a high on 25 Oct 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 7.89% (best 19.95%, worst 0.91%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.12 — 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: 32.9%. 5-year CAGR: 7.76%.

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