Should I invest in Franklin India ELSS Tax Saver Fund - Direct?

We don't give personal investment advice. Franklin India ELSS Tax Saver 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: 18.2%. 5-year CAGR: 13.72%.

Franklin India

Franklin India ELSS Tax Saver Fund - Direct - Growth

Latest NAV

₹1,617.9351

As of

17 Jul 2026

3,332 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	+0.69%	+0.16%	+0.53	8 / 59	Q1
1W	+0.08%	+0.01%	+0.08	27 / 59	Q2
2W	+0.75%	+0.41%	+0.33	14 / 59	Q1
1M	+2.00%	+1.60%	+0.40	23 / 59	Q2
3M	+1.70%	+3.41%	-1.71	41 / 59	Q3
6M	-1.90%	+3.24%	-5.13	44 / 59	Q3
YTD	-3.62%	+2.42%	-6.04	48 / 59	Q4
1Y	-2.57%	+6.87%	-9.44	51 / 59	Q4
2Y	+0.24%	+4.51%	-4.26	47 / 58	Q4
3Y	+13.91%	+14.16%	-0.24	32 / 58	Q3
4Y	+16.30%	+15.94%	+0.36	23 / 51	Q2
5Y	+13.72%	+14.21%	-0.49	23 / 47	Q2
7Y	+15.53%	+17.19%	-1.66	30 / 45	Q3
10Y	+13.24%	+14.50%	-1.26	19 / 27	Q3
Inception	+15.03%	+14.54%	+0.50	28 / 59	Q2

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	-3.62%	-0.01%	-3.61	42 / 53
2025	+2.38%	+3.70%	-1.32	34 / 53
2024	+23.22%	+20.13%	+3.09	15 / 53
2023	+32.15%	+30.82%	+1.33	19 / 51
2022	+6.27%	+3.78%	+2.49	14 / 47
2021	+37.12%	+39.32%	-2.20	20 / 50
2020	+10.66%	+18.42%	-7.76	44 / 50
2019	+6.14%	+6.48%	-0.34	30 / 47
2018	-1.50%	-7.38%	+5.88	8 / 37
2017	+29.51%	+38.27%	-8.75	26 / 31
2016	+5.16%	+5.54%	-0.38	11 / 27

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

+18.68%

153 windows

min -28.7% · max 72.3%

84% positive

3-Year rolling

+16.25%

129 windows

min -6.1% · max 34.2%

94% positive

5-Year rolling

+15.26%

105 windows

min 0.0% · max 31.0%

100% positive

7-Year rolling

+14.21%

80 windows

min 8.8% · max 18.1%

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

13.25%

3-year · annualised

Sharpe ratio

0.56

vs risk-free 6.5%

Sortino ratio

0.94

Downside-only deviation

Max drawdown

-16.67%

Sep 2024 → Feb 2025

% positive months

69.4%

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 ELSS

Scheme	Fund house	NAV	As of
HDFC ELSS Tax saver - Growth Option - Direct Plan	HDFC	₹1,497.0580	17 Jul 2026
Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹144.8728	17 Jul 2026
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH	SBI	₹479.1199	17 Jul 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth	ICICI Prudential	₹1,043.9300	17 Jul 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - Growth	Invesco	₹148.3100	17 Jul 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth	Bandhan	₹179.3500	17 Jul 2026
quant ELSS Tax Saver Fund - Growth Option - Direct Plan	Quant	₹460.9956	17 Jul 2026
Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹69.9900	17 Jul 2026
Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option	Motilal Oswal	₹63.7427	17 Jul 2026
Mirae Asset ELSS Tax Saver Fund - Direct Plan - Growth	Mirae Asset	₹57.7910	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹1,617.9351
16 Jul 2026	₹1,606.8137
15 Jul 2026	₹1,610.9916
14 Jul 2026	₹1,606.1305
13 Jul 2026	₹1,618.2223
10 Jul 2026	₹1,616.5874
9 Jul 2026	₹1,599.0123
8 Jul 2026	₹1,584.2900
7 Jul 2026	₹1,614.5427
6 Jul 2026	₹1,615.9140

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 India ELSS Tax Saver Fund - Direct - Growth is ₹1,617.9351. It's a ELSS from Franklin India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Franklin India ELSS Tax Saver 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 India ELSS Tax Saver Fund - Direct - Growth is managed by Franklin India. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Franklin India ELSS Tax Saver Fund - Direct - Growth has delivered a absolute return of -2.57% — -9.44 pp behind the ELSS category average of 6.87%. The fund ranks #51 of 59 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Franklin India ELSS Tax Saver Fund - Direct - Growth has delivered a CAGR of 13.91% — -0.24 pp behind the ELSS category average of 14.16%. The fund ranks #32 of 58 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Franklin India ELSS Tax Saver Fund - Direct - Growth has delivered a CAGR of 13.72% — -0.49 pp behind the ELSS category average of 14.21%. The fund ranks #23 of 47 in its category — the second (Q2) quartile.

₹1 lakh invested in Franklin India ELSS Tax Saver Fund - Direct - Growth exactly 10 years ago would be worth approximately ₹346,662 today — a multiplier of 3.47×, based on the 10-year CAGR of 13.24%. The category average over the same window would have grown ₹1 lakh to ₹387,351.

A ₹10,000 monthly SIP in Franklin India ELSS Tax Saver Fund - Direct - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹805,003 today. That's an XIRR (money-weighted annualised return) of 11.70%.

A ₹10,000 monthly SIP for 10 years in Franklin India ELSS Tax Saver Fund - Direct - Growth = ₹1,200,000 invested. It would currently be worth ₹2,535,909 (multiplier 2.11×). XIRR: 14.31%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Franklin India ELSS Tax Saver Fund - Direct - Growth ranks #23 out of 47 funds in the ELSS category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 14.21%; this fund delivered 13.72%.

The worst peak-to-trough decline Franklin India ELSS Tax Saver Fund - Direct - Growth has experienced over the last 5-year window is 18.17% — its NAV fell from a high on 18 Oct 2021 to a low on 20 Jun 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 India ELSS Tax Saver Fund - Direct - Growth averaged 15.26% (best 31.00%, worst 0.05%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.50 — reasonable risk-adjusted performance.

In calendar year 2025, Franklin India ELSS Tax Saver Fund - Direct - Growth returned 2.38% — lagging the ELSS category average of 3.70% by 1.32 pp. It ranked #34 of 53 in its category that year.

Franklin India ELSS Tax Saver 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 India ELSS Tax Saver 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: 18.2%. 5-year CAGR: 13.72%.

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