Franklin Asian Equity Fund
Franklin Templeton Mutual Fund · Sectoral/Thematic · Regular plan, growth option
| Period | Scheme | Category median | International / global median |
|---|---|---|---|
| 1 month | -1.9% | -5.4% | 0.2% |
| 3 months | -1.7% | -3.1% | 2.6% |
| 6 months | 23.1% | 8.5% | 16.3% |
| Year to date | 25.6% | -2.6% | 19.8% |
| 1 year | 32.2% | 0.0% | 23.2% |
| 3 years (CAGR) | 22.9% | 11.7% | 21.9% |
| 5 years (CAGR) | 8.5% | 10.6% | 11.1% |
| 7 years (CAGR) | 10.7% | 15.7% | 13.4% |
| 10 years (CAGR) | 9.6% | 13.3% | 13.2% |
| Since first NAV (CAGR) | 8.6% | – | – |
“International / global” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.5% | 9.8% |
| 3Y rolling median | 8.9% | 15.6% |
| 3Y rolling worst | -11.3% | 0.6% |
| 3Y periods positive | 90% | 100% |
| 3Y periods ahead of benchmark | 13% | 71% |
| 5Y rolling median | 8.1% | 14.2% |
| 5Y rolling worst | -0.6% | 0.3% |
| 5Y periods ahead of benchmark | 0% | 70% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 17.0% | 16.7% |
| Sharpe ratio | 1.05 | 0.34 |
| Sortino ratio | 1.88 | 0.51 |
| Beta | 0.59 | 0.96 |
| Alpha (ann.) | 15.9% | 2.3% |
| Upside capture | 75.63 | 103.56 |
| Downside capture | -16.47 | 96.87 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −42.8% | −23.7% |
| Maximum drawdown, last 10Y | −41.0% | −39.3% |
| Maximum drawdown, last 5Y | −33.5% | −22.8% |
| Current drawdown | −4.2% | −8.8% |
| Recovery time of worst fall | 325 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
- P/E 21.6: higher than 9% of days since 2022 (median 23.5)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 2.47% a year and the Direct plan's 1.21%, a gap of 1.26%; over the last 3 years the Direct plan returned 1.08 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹27,63,273.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
- 1 Oct 2026: TER reduced from 2.52% to 2.47% (AMFI TER disclosure)
- 26 Sep 2026: TER increased from 2.51% to 2.52% (AMFI TER disclosure)
- 19 Sep 2026: TER reduced from 2.52% to 2.51% (AMFI TER disclosure)
- 11 Sep 2026: TER increased from 2.51% to 2.52% (AMFI TER disclosure)
- 5 Sep 2026: TER reduced from 2.52% to 2.51% (AMFI TER disclosure)
| Fund manager | Role | Managing since |
|---|---|---|
| Shyam Sundar Sriram | 26 Sep 2024 | |
| Sandeep Manam | 18 Oct 2021 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.47% | 2.38% |
| AUM, whole scheme (₹ crore) | 981 | 1,245 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Month-ends above category median (3Y CAGR) | 35% | 53% median |
| Month-ends in category top quartile (3Y) | 18% | 24% median |
| 7Y rolling CAGR, median (monthly windows) | 8.8% | 13.5% median |
Official benchmark: 75% MSCI Asia (Ex-Japan) Standard Index + 25% Nifty 500 Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic Regular plans; how it is calculated.
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 25.6% | -7.8% | +33.3% |
| 2025 | 23.7% | 7.7% | +16.0% |
| 2024 | 14.4% | 15.6% | −1.2% |
| 2023 | 0.7% | 26.5% | −25.9% |
| 2022 | -14.5% | 3.8% | −18.3% |
| 2021 | -5.9% | 30.6% | −36.5% |
| 2020 | 25.8% | 17.2% | +8.6% |
| 2019 | 28.2% | n/a | – |
| 2018 | -13.6% | n/a | – |
| 2017 | 35.5% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,36,850 | 27.0% |
| 3 years | ₹3,60,000 | ₹5,29,545 | 26.7% |
| 5 years | ₹6,00,000 | ₹9,41,495 | 18.1% |
| 10 years | ₹12,00,000 | ₹21,29,042 | 11.0% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Kotak MNC Fund | Sectoral/Thematic | 0.69 | n/a |
| Nippon India Japan Equity Fund | Sectoral/Thematic | 0.68 | 21.9% |
| Union Business Cycle Fund | Sectoral/Thematic | 0.67 | n/a |
| Aditya Birla Sun Life Quant Fund | Sectoral/Thematic | 0.66 | n/a |
| Baroda BNP Paribas Manufacturing Fund | Sectoral/Thematic | 0.64 | n/a |
| HDFC Manufacturing Fund | Sectoral/Thematic | 0.64 | n/a |
- What is the latest NAV of Franklin Asian Equity Fund?
- The NAV of the Regular plan (growth option) was ₹44.6357 on 1 Oct 2026, as published by AMFI.
- Which category is Franklin Asian Equity Fund in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 259 Sectoral/Thematic schemes (Regular plans).
- What returns has Franklin Asian Equity Fund delivered?
- Over one year the NAV changed by 32.2%. The 3-year CAGR is 22.9% (category median 11.7%) and the 5-year CAGR is 8.5% (category median 10.6%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 8.9%, the lowest was -11.3%, and 90% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 13% of those periods.
- What was the largest fall in Franklin Asian Equity Fund's NAV?
- The largest peak-to-trough fall in its available history was 42.8%; within the last five years it was 33.5% (category median 22.8%).
- How volatile is Franklin Asian Equity Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 17.0%, which is above the Sectoral/Thematic category median of 16.7%.
- What would a monthly SIP in Franklin Asian Equity Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹9,41,495 on 1 Oct 2026, an annualised return (XIRR) of 18.1%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Franklin Asian Equity Fund?
- The total expense ratio of the Regular plan is 2.47% a year, as disclosed to AMFI (median of Sectoral/Thematic Regular plans: 2.38%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Franklin Asian Equity Fund?
- Assets under management of the whole scheme were ₹981 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Franklin Asian Equity Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- How often has Franklin Asian Equity Fund beaten its category?
- At 35% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Sectoral/Thematic schemes (Regular plans); it was in the top quarter at 18% of them. A typical scheme would show about 50%.
- Who manages Franklin Asian Equity Fund?
- According to its Scheme Summary Document, Franklin Asian Equity Fund is managed by Shyam Sundar Sriram (since 26 Sep 2024), Sandeep Manam (since 18 Oct 2021).
- What is the exit load of Franklin Asian Equity Fund?
- As stated in its scheme documents: In respect of each purchase of Units - 1% if the Units are redeemed/switched- out within one year from the date of allotment Check the latest Scheme Information Document before investing, as loads can change.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 33.4% and the Regular plan's by 32.2%. The Regular plan includes the services of a distributor.
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