Franklin India Large & Mid Cap Fund (Formerly known as Franklin India Equity Advantage Fund)^
Current NAV
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1Y Return
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3Y Return
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5Y Return
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AUM
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Category
Large & Mid Cap
Top Holdings
Top stocks held by this fund as of May 2026 (Source: AMC monthly disclosure)
ICICI Bank Ltd.
Banks
Eternal Ltd.
Retailing
Axis Bank Ltd.
Banks
Mahindra & Mahindra Ltd.
Automobiles
Kotak Mahindra Bank Ltd.
Banks
HDFC Bank Ltd.
Banks
J.B. Chemicals & Pharmaceuticals Ltd
Pharmaceuticals & Biotechnology
Marico Ltd.
Agricultural Food & other Products
Persistent Systems Ltd.
IT - Software
Vishal Mega Mart Ltd
Retailing
Infosys Ltd.
IT - Software
Max Financial Services Ltd.
Insurance
Colgate Palmolive (India) Ltd.
Personal Products
Canara HSBC Life Insurance Co Ltd
Insurance
AU Small Finance Bank Ltd.
Banks
Larsen & Toubro Ltd.
Construction
Hindalco Industries Ltd.
Non - Ferrous Metals
PB Fintech Ltd.
Financial Technology (Fintech)
Swiggy Ltd
Retailing
Info Edge (India) Ltd.
Retailing
📋 All returns shown are for Direct-Growth plan. Data from AMC monthly portfolio disclosure.
SIP in Franklin India Large & Mid Cap Fund (Formerly known as Franklin India Equity Advantage Fund)^
If you had invested ₹10,000/month via SIP:
1 Year SIP
₹127,200
Invested: ₹1,20,000
3 Year SIP
₹403,200
Invested: ₹3,60,000
5 Year SIP
₹744,000
Invested: ₹6,00,000
Invest in Franklin India Large & Mid Cap Fund (Formerly known as Franklin India Equity Advantage Fund)^
Start SIP from ₹500/month on these platforms
Portfolio Overlap
Funds that share the most stock holdings with Franklin India Large & Mid Cap Fund (Formerly known as Franklin India Equity Advantage Fund)^.
More Large & Mid Cap Funds
About Large & Mid Cap Funds
Large & Mid Cap mutual funds are a category defined by SEBI (Securities and Exchange Board of India) under their mutual fund categorization framework. These funds invest primarily in equities that match the large & mid cap profile, with specific allocation mandates that fund managers must follow. The category determines the fund's risk-return characteristics and its suitability for different investor profiles.
When evaluating a Large & Mid Cap fund like Franklin India Large & Mid Cap Fund (Formerly known as Franklin India Equity Advantage Fund)^, key metrics to consider include: 3-year and 5-year CAGR (rolling returns are more reliable than point-to-point), expense ratio (Direct plans have lower costs), portfolio turnover, standard deviation (volatility measure), Sharpe ratio (risk-adjusted returns), and alpha generation over benchmark. A fund that consistently beats its benchmark index over multiple market cycles is a strong candidate.
For long-term wealth creation, Large & Mid Cap funds work best with a systematic investment plan (SIP) over 5+ years. SIP helps average out market volatility through rupee cost averaging. Lump sum investments are better timed during market corrections. Always ensure your mutual fund portfolio is diversified across 3-4 categories rather than concentrating in a single fund type. Consult a SEBI-registered investment advisor for personalized advice based on your financial goals and risk appetite.
Frequently Asked Questions
Is Franklin India Large & Mid Cap Fund (Formerly known as Franklin India Equity Advantage Fund)^ good for SIP?
Franklin India Large & Mid Cap Fund (Formerly known as Franklin India Equity Advantage Fund)^ is a Large & Mid Cap fund with moderate risk. For SIP investors, consistency of returns matters more than absolute returns. Check the fund's rolling returns and standard deviation before committing to a SIP. Large & Mid Cap funds are generally suitable for SIP with a minimum 5-year investment horizon for optimal results.
What is the risk level of this fund?
Franklin India Large & Mid Cap Fund (Formerly known as Franklin India Equity Advantage Fund)^ is categorized as moderate risk as per SEBI's riskometer methodology. This assessment considers market cap allocation, sector concentration, and historical portfolio volatility. This risk level indicates relatively stable returns with moderate portfolio fluctuation.
How to invest in this fund?
You can invest in Franklin India Large & Mid Cap Fund (Formerly known as Franklin India Equity Advantage Fund)^ (Direct-Growth plan) through platforms like Groww, Zerodha Coin, Kuvera, or directly from the AMC website. Minimum SIP amount starts at ₹500/month on most platforms. Complete KYC (PAN + Aadhaar verification) is mandatory before your first investment.
What are the tax implications?
For equity mutual funds in India: Short-term capital gains (units held less than 1 year) are taxed at 20%. Long-term capital gains (held more than 1 year) above ₹1.25 lakh in a financial year are taxed at 12.5%. ELSS funds have a mandatory 3-year lock-in period. Dividend income from mutual funds is added to your income and taxed at your applicable slab rate.