Should I invest in Franklin Asian Equity Fund - Direct?

We don't give personal investment advice. Franklin Asian Equity Fund - Direct - IDCW 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: 36.0%. 5-year CAGR: 4.60%.

Franklin Asian Equity Fund - Direct - IDCW

Latest NAV

₹21.9682

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%	-0.04%	-2.02	248 / 249	Q4
1W	-3.17%	-0.15%	-3.01	248 / 249	Q4
2W	-4.33%	-0.61%	-3.72	246 / 251	Q4
1M	-4.65%	+1.14%	-5.79	246 / 251	Q4
3M	+10.38%	+3.90%	+6.49	41 / 251	Q1
6M	+16.51%	+2.59%	+13.92	19 / 243	Q1
YTD	+22.59%	+0.68%	+21.91	3 / 241	Q1
1Y	+41.49%	+2.39%	+39.10	2 / 229	Q1
2Y	+24.64%	+0.44%	+24.20	2 / 186	Q1
3Y	+17.57%	+11.53%	+6.05	33 / 151	Q1
4Y	+12.58%	+12.75%	-0.17	73 / 125	Q3
5Y	+4.60%	+9.05%	-4.45	98 / 113	Q4
7Y	+6.80%	+14.43%	-7.63	85 / 92	Q4
10Y	+5.32%	+11.87%	-6.55	74 / 77	Q4
Inception	+3.86%	+10.06%	-6.20	214 / 251	Q4

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%	+1.51%	+21.08	3 / 237
2025	+24.52%	+1.49%	+23.03	4 / 204
2024	+15.27%	+20.10%	-4.82	97 / 158
2023	-3.45%	+30.21%	-33.65	131 / 131
2022	-17.90%	+1.48%	-19.39	110 / 119
2021	-9.71%	+31.54%	-41.25	106 / 106
2020	+21.34%	+19.90%	+1.45	35 / 95
2019	+21.03%	+6.43%	+14.61	9 / 87
2018	-19.28%	-9.17%	-10.12	60 / 78
2017	+24.95%	+32.45%	-7.50	55 / 77
2016	-1.40%	+2.96%	-4.36	48 / 77

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

+4.01%

153 windows

min -30.0% · max 52.2%

59% positive

3-Year rolling

+1.20%

129 windows

min -13.0% · max 19.3%

56% positive

5-Year rolling

+1.15%

105 windows

min -5.2% · max 11.7%

58% positive

7-Year rolling

+1.48%

80 windows

min -1.7% · max 8.0%

65% 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

14.66%

3-year · annualised

Sharpe ratio

0.71

vs risk-free 6.5%

Sortino ratio

1.32

Downside-only deviation

Max drawdown

-16.99%

Jul 2023 → Jan 2024

% 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 - IDCW Option - Direct Plan	HDFC	₹17.4480	17 Jul 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹30.5463	17 Jul 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹12.5864	17 Jul 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹70.0600	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹14.5200	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹22.0968	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹32.1000	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.5239	17 Jul 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.6426	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹21.9682
16 Jul 2026	₹22.4284
15 Jul 2026	₹22.7080
14 Jul 2026	₹22.2940
13 Jul 2026	₹22.2861
10 Jul 2026	₹22.6863
9 Jul 2026	₹22.5458
8 Jul 2026	₹22.4196
7 Jul 2026	₹22.7329
6 Jul 2026	₹23.0840

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 - IDCW is ₹21.9682. It's a Sectoral/Thematic Fund from the fund house, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Franklin Asian Equity Fund - Direct - IDCW 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 - IDCW 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 - IDCW has delivered a absolute return of 41.49% — +39.1 pp ahead of the Sectoral/Thematic Fund category average of 2.39%. The fund ranks #2 of 229 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin Asian Equity Fund - Direct - IDCW has delivered a CAGR of 17.57% — +6.05 pp ahead of the Sectoral/Thematic Fund category average of 11.53%. The fund ranks #33 of 151 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Franklin Asian Equity Fund - Direct - IDCW has delivered a CAGR of 4.60% — -4.45 pp behind the Sectoral/Thematic Fund category average of 9.05%. The fund ranks #98 of 113 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Franklin Asian Equity Fund - Direct - IDCW exactly 10 years ago would be worth approximately ₹167,962 today — a multiplier of 1.68×, based on the 10-year CAGR of 5.32%. The category average over the same window would have grown ₹1 lakh to ₹306,966.

A ₹10,000 monthly SIP in Franklin Asian Equity Fund - Direct - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹904,827 today. That's an XIRR (money-weighted annualised return) of 16.44%.

A ₹10,000 monthly SIP for 10 years in Franklin Asian Equity Fund - Direct - IDCW = ₹1,200,000 invested. It would currently be worth ₹1,827,114 (multiplier 1.52×). XIRR: 8.15%. 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 - IDCW ranks #98 out of 113 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 9.05%; this fund delivered 4.60%.

The worst peak-to-trough decline Franklin Asian Equity Fund - Direct - IDCW has experienced over the last 5-year window is 36.04% — 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 - IDCW averaged 1.15% (best 11.68%, worst -5.23%). 58% of rolling windows ended positive. The 5-year Sharpe ratio is -0.07 — negative risk-adjusted performance.

In calendar year 2025, Franklin Asian Equity Fund - Direct - IDCW returned 24.52% — beating the Sectoral/Thematic Fund category average of 1.49% by 23.03 pp. It ranked #4 of 204 in its category that year.

Franklin Asian Equity Fund - Direct - IDCW 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 - IDCW 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: 36.0%. 5-year CAGR: 4.60%.

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