Should I invest in Franklin India ELSS Tax Saver Fund?

We don't give personal investment advice. Franklin India ELSS Tax Saver Fund - 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: 28.0%. 5-year CAGR: 4.26%.

Franklin Templeton

Franklin India ELSS Tax Saver Fund - IDCW

Latest NAV

₹59.4311

As of

24 Jul 2026

4,996 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	-0.26%	-2.26%	+1.99	61 / 90	Q3
1W	-2.33%	-4.09%	+1.76	76 / 87	Q4
2W	-2.27%	-4.51%	+2.25	72 / 87	Q4
1M	-1.54%	-5.21%	+3.68	58 / 87	Q3
3M	+0.49%	-3.51%	+4.00	53 / 87	Q3
6M	-8.18%	-0.11%	-8.06	82 / 89	Q4
YTD	-12.60%	-3.87%	-8.73	82 / 89	Q4
1Y	-12.21%	+1.67%	-13.88	78 / 87	Q4
2Y	-8.15%	-0.94%	-7.21	76 / 86	Q4
3Y	+4.44%	+5.34%	-0.90	66 / 81	Q4
4Y	+5.99%	+8.00%	-2.01	61 / 78	Q4
5Y	+4.26%	+6.78%	-2.53	66 / 77	Q4
7Y	+5.95%	+9.69%	-3.74	60 / 75	Q4
10Y	+3.22%	+7.87%	-4.64	62 / 69	Q4
Inception	+2.11%	+5.90%	-3.79	77 / 91	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	-12.60%	-4.60%	-8.00	46 / 47
2025	-5.38%	+1.54%	-6.92	44 / 47
2024	+15.00%	+18.17%	-3.17	30 / 47
2023	+19.79%	+23.46%	-3.67	37 / 49
2022	-2.62%	+0.75%	-3.37	38 / 52
2021	+25.20%	+28.91%	-3.71	35 / 54
2020	+1.19%	+11.40%	-10.21	48 / 56
2019	-4.32%	+2.03%	-6.35	52 / 59
2018	-11.25%	-9.68%	-1.57	41 / 61
2017	+17.67%	+29.95%	-12.28	57 / 65
2016	-4.81%	-0.31%	-4.50	51 / 70

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

+5.28%

236 windows

min -58.1% · max 86.1%

53% positive

3-Year rolling

+4.62%

211 windows

min -19.3% · max 21.5%

67% positive

5-Year rolling

+4.36%

187 windows

min -9.9% · max 19.8%

75% positive

7-Year rolling

+4.01%

163 windows

min -4.8% · max 12.9%

88% 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

13.85%

3-year · annualised

Sharpe ratio

-0.07

vs risk-free 6.5%

Sortino ratio

-0.09

Downside-only deviation

Max drawdown

-27.97%

Sep 2024 → Mar 2026

% positive months

52.8%

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 Plan	HDFC	₹1,355.4920	24 Jul 2026
NIPPON INDIA ELSS TAX SAVER FUND - ANNUAL IDCW Option	Nippon India	₹20.2789	24 Jul 2026
SBI ELSS Tax Saver Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹87.5266	24 Jul 2026
ICICI Prudential ELSS Tax Saver Fund - Growth	ICICI Prudential	₹920.2700	24 Jul 2026
Quantum ELSS Tax Saver Fund - Direct Plan Growth Option	Quantum	₹124.5200	24 Jul 2026
Motilal Oswal ELSS Tax Saver Fund - IDCW Payout	Motilal Oswal	₹30.0961	24 Jul 2026
Franklin India ELSS Tax Saver Fund-Growth	Franklin Templeton	₹1,406.4646	24 Jul 2026
Kotak ELSS Tax Saver Fund-Growth	Kotak Mahindra	₹115.0200	24 Jul 2026
Edelweiss ELSS Tax Saver Fund - Regular Plan - Growth Option	Edelweiss	₹113.4400	24 Jul 2026
DSP ELSS Tax Saver Fund - Regular Plan - Growth	DSP BlackRock	₹136.6760	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹59.4311
23 Jul 2026	₹59.5868
22 Jul 2026	₹59.9682
21 Jul 2026	₹60.5428
20 Jul 2026	₹60.5762
17 Jul 2026	₹60.8511
16 Jul 2026	₹60.4340
15 Jul 2026	₹60.5924
14 Jul 2026	₹60.4108
13 Jul 2026	₹60.8668

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 24 Jul 2026, the NAV of Franklin India ELSS Tax Saver Fund - IDCW is ₹59.4311. It's a ELSS from Franklin Templeton, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Franklin India ELSS Tax Saver Fund - IDCW has NAV history starting from 03 Apr 2006, a track record of about 20 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Franklin India ELSS Tax Saver Fund - IDCW is managed by Franklin Templeton. 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 - IDCW has delivered a absolute return of -12.21% — -13.88 pp behind the ELSS category average of 1.67%. The fund ranks #78 of 87 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Franklin India ELSS Tax Saver Fund - IDCW has delivered a CAGR of 4.44% — -0.9 pp behind the ELSS category average of 5.34%. The fund ranks #66 of 81 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Franklin India ELSS Tax Saver Fund - IDCW has delivered a CAGR of 4.26% — -2.53 pp behind the ELSS category average of 6.78%. The fund ranks #66 of 77 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Franklin India ELSS Tax Saver Fund - IDCW exactly 10 years ago would be worth approximately ₹137,348 today — a multiplier of 1.37×, based on the 10-year CAGR of 3.22%. The category average over the same window would have grown ₹1 lakh to ₹213,276.

A ₹10,000 monthly SIP in Franklin India ELSS Tax Saver Fund - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹631,928 today. That's an XIRR (money-weighted annualised return) of 2.04%.

A ₹10,000 monthly SIP for 10 years in Franklin India ELSS Tax Saver Fund - IDCW = ₹1,200,000 invested. It would currently be worth ₹1,515,291 (multiplier 1.26×). XIRR: 4.56%. 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 - IDCW ranks #66 out of 77 funds in the ELSS category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 6.78%; this fund delivered 4.26%.

The worst peak-to-trough decline Franklin India ELSS Tax Saver Fund - IDCW has experienced over the last 5-year window is 27.97% — its NAV fell from a high on 23 Sep 2024 to a low on 31 Mar 2026. 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 - IDCW averaged 4.36% (best 19.81%, worst -9.94%). 75% of rolling windows ended positive. The 5-year Sharpe ratio is -0.08 — negative risk-adjusted performance.

In calendar year 2025, Franklin India ELSS Tax Saver Fund - IDCW returned -5.38% — lagging the ELSS category average of 1.54% by 6.92 pp. It ranked #44 of 47 in its category that year.

Franklin India ELSS Tax Saver Fund - 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 India ELSS Tax Saver Fund - 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: 28.0%. 5-year CAGR: 4.26%.

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