Should I invest in Franklin INDIA OPPORTUNITIES FUND - Direct?

We don't give personal investment advice. Franklin INDIA OPPORTUNITIES 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: 29.7%. 5-year CAGR: 9.70%.

Franklin India

Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW

Latest NAV

₹40.0504

As of

2 Jun 2026

3,299 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	+0.12%	+0.27%	-0.15	144 / 249	Q3
1W	-1.16%	-1.33%	+0.16	86 / 249	Q2
2W	+1.78%	-0.44%	+2.22	56 / 251	Q1
1M	-1.03%	-0.98%	-0.06	138 / 251	Q3
3M	-0.87%	+0.91%	-1.78	150 / 249	Q3
6M	-4.96%	-3.35%	-1.61	138 / 241	Q3
YTD	-4.67%	-3.40%	-1.27	136 / 241	Q3
1Y	-6.58%	+2.11%	-8.69	184 / 225	Q4
2Y	-4.06%	+1.79%	-5.84	148 / 181	Q4
3Y	+14.37%	+12.30%	+2.07	67 / 142	Q2
4Y	+14.41%	+11.74%	+2.66	52 / 122	Q2
5Y	+9.70%	+8.93%	+0.77	66 / 111	Q3
7Y	+9.98%	+13.08%	-3.10	68 / 92	Q3
10Y	+7.59%	+12.03%	-4.44	64 / 77	Q4
Inception	+8.40%	+8.52%	-0.12	140 / 251	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	-4.67%	-2.64%	-2.02	134 / 237
2025	-4.33%	+1.49%	-5.82	154 / 204
2024	+26.71%	+20.10%	+6.62	42 / 158
2023	+42.63%	+30.21%	+12.43	17 / 131
2022	-10.43%	+1.48%	-11.91	98 / 119
2021	+20.50%	+31.54%	-11.04	74 / 106
2020	+21.61%	+19.90%	+1.71	34 / 95
2019	-2.29%	+6.43%	-8.71	74 / 87
2018	-16.86%	-9.17%	-7.70	56 / 78
2017	+25.22%	+32.45%	-7.22	54 / 77
2016	-4.27%	+2.96%	-7.23	60 / 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

+12.74%

152 windows

min -37.5% · max 87.3%

60% positive

3-Year rolling

+9.17%

128 windows

min -15.3% · max 23.9%

81% positive

5-Year rolling

+8.00%

103 windows

min -10.4% · max 23.5%

87% positive

7-Year rolling

+7.11%

79 windows

min 0.4% · max 13.0%

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

16.41%

3-year · annualised

Sharpe ratio

0.51

vs risk-free 6.5%

Sortino ratio

0.78

Downside-only deviation

Max drawdown

-26.71%

Sep 2024 → Mar 2026

% positive months

72.2%

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	₹15.9390	3 Jun 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹31.2458	3 Jun 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹11.7560	3 Jun 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹64.9400	3 Jun 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹13.3100	3 Jun 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹9.6290	3 Jun 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹20.2732	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹29.4200	3 Jun 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.3281	3 Jun 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.3581	3 Jun 2026

Recent NAVs

Date	NAV
2 Jun 2026	₹40.0504
1 Jun 2026	₹40.0036
29 May 2026	₹40.5153
27 May 2026	₹40.7718
26 May 2026	₹40.5221
25 May 2026	₹40.3988
22 May 2026	₹39.9439
21 May 2026	₹39.7873
20 May 2026	₹39.5953
19 May 2026	₹39.3488

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 02 Jun 2026, the NAV of Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW is ₹40.0504. It's a Sectoral/Thematic Fund from Franklin India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Franklin INDIA OPPORTUNITIES 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 OPPORTUNITIES FUND - Direct - IDCW is managed by Franklin India. 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 INDIA OPPORTUNITIES FUND - Direct - IDCW has delivered a absolute return of -6.58% — -8.69 pp behind the Sectoral/Thematic Fund category average of 2.11%. The fund ranks #184 of 225 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW has delivered a CAGR of 14.37% — +2.07 pp ahead of the Sectoral/Thematic Fund category average of 12.30%. The fund ranks #67 of 142 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW has delivered a CAGR of 9.70% — +0.77 pp ahead of the Sectoral/Thematic Fund category average of 8.93%. The fund ranks #66 of 111 in its category — the third (Q3) quartile.

₹1 lakh invested in Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW exactly 10 years ago would be worth approximately ₹207,872 today — a multiplier of 2.08×, based on the 10-year CAGR of 7.59%. The category average over the same window would have grown ₹1 lakh to ₹311,351.

A ₹10,000 monthly SIP in Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹749,173 today. That's an XIRR (money-weighted annualised return) of 8.81%.

A ₹10,000 monthly SIP for 10 years in Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW = ₹1,200,000 invested. It would currently be worth ₹1,968,539 (multiplier 1.64×). XIRR: 9.56%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW ranks #66 out of 111 funds in the Sectoral/Thematic Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 8.93%; this fund delivered 9.70%.

The worst peak-to-trough decline Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW has experienced over the last 5-year window is 29.65% — its NAV fell from a high on 14 Oct 2021 to a low on 12 May 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 OPPORTUNITIES FUND - Direct - IDCW averaged 8.00% (best 23.54%, worst -10.42%). 87% of rolling windows ended positive. The 5-year Sharpe ratio is 0.26 — weak risk-adjusted performance.

In calendar year 2025, Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW returned -4.33% — lagging the Sectoral/Thematic Fund category average of 1.49% by 5.82 pp. It ranked #154 of 204 in its category that year.

Franklin INDIA OPPORTUNITIES 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 OPPORTUNITIES 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: 29.7%. 5-year CAGR: 9.70%.

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