Should I invest in Franklin India Large & Mid cap Fund - Direct?

We don't give personal investment advice. Franklin India Large & Mid cap 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: 28.0%. 5-year CAGR: 2.24%.

Franklin India

Franklin India Large & Mid cap Fund - Direct - IDCW

Latest NAV

₹21.5940

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	-0.60%	+0.15%	-0.75	36 / 36	Q4
1W	-2.39%	-1.74%	-0.65	33 / 36	Q4
2W	-1.08%	-0.17%	-0.91	30 / 36	Q4
1M	-1.63%	-0.80%	-0.82	29 / 36	Q4
3M	-8.23%	-1.40%	-6.83	34 / 36	Q4
6M	-15.83%	-6.06%	-9.78	36 / 36	Q4
YTD	-15.96%	-6.30%	-9.67	36 / 36	Q4
1Y	-10.57%	-1.66%	-8.91	34 / 35	Q4
2Y	-3.67%	+0.68%	-4.36	30 / 33	Q4
3Y	+4.23%	+12.10%	-7.87	31 / 31	Q4
4Y	+3.50%	+12.28%	-8.79	31 / 31	Q4
5Y	+2.24%	+10.78%	-8.54	31 / 31	Q4
7Y	+3.88%	+12.23%	-8.35	27 / 27	Q4
10Y	+2.71%	+10.45%	-7.74	22 / 22	Q4
Inception	+3.30%	+10.14%	-6.84	34 / 36	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	-15.96%	-6.30%	-9.67	36 / 36
2025	-0.66%	+1.18%	-1.84	22 / 35
2024	+9.03%	+19.71%	-10.68	30 / 31
2023	+16.95%	+26.16%	-9.21	30 / 31
2022	-9.24%	+0.59%	-9.83	29 / 31
2021	+27.81%	+33.41%	-5.60	26 / 31
2020	+4.32%	+14.39%	-10.07	27 / 30
2019	-5.95%	+6.20%	-12.15	26 / 26
2018	-13.73%	-13.14%	-0.59	14 / 23
2017	+20.53%	+29.57%	-9.04	20 / 23
2016	-4.75%	+3.36%	-8.10	20 / 22

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

+7.56%

152 windows

min -37.8% · max 63.9%

54% positive

3-Year rolling

+4.65%

128 windows

min -15.9% · max 19.0%

74% positive

5-Year rolling

+4.12%

103 windows

min -11.0% · max 14.9%

81% positive

7-Year rolling

+3.25%

79 windows

min -1.1% · max 6.6%

99% 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

16.10%

3-year · annualised

Sharpe ratio

-0.06

vs risk-free 6.5%

Sortino ratio

-0.08

Downside-only deviation

Max drawdown

-27.97%

Sep 2024 → Mar 2026

% positive months

58.3%

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 Large & Mid Cap Fund

Scheme	Fund house	NAV	As of
HDFC Large and Mid Cap Fund - IDCW Option - Direct Plan	HDFC	₹45.3030	3 Jun 2026
NIPPON INDIA VISION LARGE & MID CAP FUND - DIRECT Plan - IDCW Option	Nippon India	₹68.1548	3 Jun 2026
SBI Large & Midcap Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹356.4452	2 Jun 2026
ICICI Prudential Large & Mid Cap Fund - Direct Plan - IDCW	ICICI Prudential	₹51.8500	3 Jun 2026
Invesco India Large & Mid Cap Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹50.7800	3 Jun 2026
Bandhan Large & Mid Cap Fund - Direct Plan - IDCW	Bandhan	₹35.6690	3 Jun 2026
quant Large & Mid Cap Fund - IDCW Option - Direct Plan	Quant	₹62.7085	3 Jun 2026
Aditya Birla Sun Life Large & Mid Cap Fund -Direct - IDCW	Aditya Birla Sun Life	₹201.0900	3 Jun 2026
Motilal Oswal Large and Midcap Fund Direct - IDCW Payout/Reinvestment	Motilal Oswal	₹27.1484	3 Jun 2026
Mirae Asset Large & Midcap Fund - Direct Plan - IDCW	Mirae Asset	₹79.4160	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹21.5940
2 Jun 2026	₹21.7234
1 Jun 2026	₹21.6017
29 May 2026	₹21.8423
27 May 2026	₹22.1230
26 May 2026	₹22.0564
25 May 2026	₹22.0802
22 May 2026	₹21.8759
21 May 2026	₹21.8092
20 May 2026	₹21.8288

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 India Large & Mid cap Fund - Direct - IDCW is ₹21.5940. It's a Large & Mid Cap Fund from Franklin India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Franklin India Large & Mid cap Fund - Direct - IDCW 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 India Large & Mid cap Fund - Direct - IDCW is managed by Franklin India. It's classified by AMFI under the 'Large & Mid Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Franklin India Large & Mid cap Fund - Direct - IDCW has delivered a absolute return of -10.57% — -8.91 pp behind the Large & Mid Cap Fund category average of -1.66%. The fund ranks #34 of 35 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Franklin India Large & Mid cap Fund - Direct - IDCW has delivered a CAGR of 4.23% — -7.87 pp behind the Large & Mid Cap Fund category average of 12.10%. The fund ranks #31 of 31 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Franklin India Large & Mid cap Fund - Direct - IDCW has delivered a CAGR of 2.24% — -8.54 pp behind the Large & Mid Cap Fund category average of 10.78%. The fund ranks #31 of 31 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Franklin India Large & Mid cap Fund - Direct - IDCW exactly 10 years ago would be worth approximately ₹130,709 today — a multiplier of 1.31×, based on the 10-year CAGR of 2.71%. The category average over the same window would have grown ₹1 lakh to ₹270,253.

A ₹10,000 monthly SIP in Franklin India Large & Mid cap Fund - Direct - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹587,817 today. That's an XIRR (money-weighted annualised return) of -0.81%.

A ₹10,000 monthly SIP for 10 years in Franklin India Large & Mid cap Fund - Direct - IDCW = ₹1,200,000 invested. It would currently be worth ₹1,374,164 (multiplier 1.15×). XIRR: 2.66%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Franklin India Large & Mid cap Fund - Direct - IDCW ranks #31 out of 31 funds in the Large & Mid Cap Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 10.78%; this fund delivered 2.24%.

The worst peak-to-trough decline Franklin India Large & Mid cap Fund - Direct - IDCW has experienced over the last 5-year window is 27.97% — its NAV fell from a high on 26 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 Large & Mid cap Fund - Direct - IDCW averaged 4.12% (best 14.91%, worst -10.95%). 81% of rolling windows ended positive. The 5-year Sharpe ratio is -0.20 — negative risk-adjusted performance.

In calendar year 2025, Franklin India Large & Mid cap Fund - Direct - IDCW returned -0.66% — lagging the Large & Mid Cap Fund category average of 1.18% by 1.84 pp. It ranked #22 of 35 in its category that year.

Franklin India Large & Mid cap 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 India Large & Mid cap 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: 28.0%. 5-year CAGR: 2.24%.

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