{"id":244547,"date":"2026-09-11T15:34:53","date_gmt":"2026-09-11T10:04:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/"},"modified":"2026-09-11T15:34:53","modified_gmt":"2026-09-11T10:04:53","slug":"franklin-india-multi-cap-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/","title":{"rendered":"Franklin India Multi Cap Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-multi-cap-fund-g-direct-plan\">Franklin India Multi Cap Fund Direct Growth Plan<\/a> has a NAV of \u20b911.4203 as of 10 Sep 2026 and an AUM of \u20b95,262 Cr. Its 1-year, 3-year and 5-year returns are 8.05%, Data not available and Data not available, and the scheme sits in the High Risk category.<\/p>\n<p>Our view is that the fund has shown a steadier short-term picture than its benchmark, but the longer history is too limited to treat the recent gain as proof of a mature cycle. The portfolio is spread across 50 holdings, with meaningful exposure to capital goods, electricals and industrial names, so the return pattern needs to be read alongside that equity mix and the High Risk label.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Franklin_India_Multi_Cap\" title=\"Should you BUY or HOLD Franklin India Multi Cap?\">Should you BUY or HOLD Franklin India Multi Cap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/franklin-india-multi-cap-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b911.4203 as of 10 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b95,262 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.45%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>29 Jul 2024<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>1% before 1Y<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>R. Janakiraman, Kiran Sebastian, Akhil Kalluri, Sandeep Manam<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by R. Janakiraman, Kiran Sebastian, Akhil Kalluri, and Sandeep Manam.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-0.02%<\/td>\n<td>-4.06%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>10.53%<\/td>\n<td>1.37%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>8.05%<\/td>\n<td>-7.31%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund\u2019s recent run has been stronger than the benchmark over the 3-month and 1-year windows, and that is an encouraging sign after a choppy stretch. The 1-month figure is only slightly below flat, while the benchmark stayed weaker over the same period, so the fund has held up better in the latest phase.<\/p>\n<p>The longer pattern is less settled because the scheme launched in July 2024, which means 3-year and 5-year return history is not available yet. That matters when judging a multi-cap strategy, because investors usually want to see how the portfolio behaves through a full market cycle. For now, we can say the fund has delivered a positive short-term compounding path, but not enough history to test whether that path is durable.<\/p>\n<p>Against the Nifty 50, the fund is ahead on the available 1-month, 3-month and 1-year readings. The gap is especially visible over 1 year, where the fund is positive while the benchmark is negative. That does not guarantee the next phase will look the same, but it does show that the fund has recently behaved differently from the benchmark.<\/p>\n<p>The time pattern in the daily series also points to a fund that has absorbed periods of weakness and then rebuilt steadily rather than moving in a straight line. Our read is that this suits investors who can tolerate interim swings and are willing to hold through uneven phases rather than expect a smooth monthly progression.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Franklin_India_Multi_Cap\"><\/span>Should you BUY or HOLD Franklin India Multi Cap?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Franklin India Multi Cap? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-multi-cap-fund-g-direct-plan\">Franklin India Multi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>8.05%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/trustmf-multi-cap-fund-g-direct-plan\">TRUSTMF Multi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>19.94%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/groww-multicap-fund-g-direct-plan\">Groww Multicap Fund Direct Growth Plan<\/a><\/td>\n<td>19.23%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/mahindra-manulife-multi-cap-fund-g-direct-plan\">Mahindra Manulife Multi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>14.95%<\/td>\n<td>17.31%<\/td>\n<td>16.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-multi-cap-fund-g-direct-plan\">Bank of India Multi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>13.34%<\/td>\n<td>17.45%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/iti-multi-cap-fund-g-direct-plan\">ITI Multi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>13.18%<\/td>\n<td>17.1%<\/td>\n<td>14.48%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the available 1-year figures, this fund trails the strongest peer readings and also sits below the other peer schemes listed here. That said, the recent 1-month and 3-month behaviour is still better than the benchmark, which means the short-term picture is not as weak as the peer comparison at 1 year might suggest.<\/p>\n<p>Where peers have 3-year and 5-year numbers, the contrast is mixed: Mahindra Manulife, Bank of India and ITI all show much longer return histories, while this fund does not yet have those periods available. So the peer table tells two different stories at once: some peers have deeper track records, but the current fund has recently been better aligned to short-term recovery than to long-horizon comparison.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Hindustan Aeronautics Ltd<\/td>\n<td>Capital Goods<\/td>\n<td>5.36%<\/td>\n<\/tr>\n<tr>\n<td>Call, Cash &amp; Other Assets<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>4.32%<\/td>\n<\/tr>\n<tr>\n<td>Syrma SGS Technology Ltd<\/td>\n<td>Electricals<\/td>\n<td>3.76%<\/td>\n<\/tr>\n<tr>\n<td>Cyient DLM Ltd<\/td>\n<td>Electricals<\/td>\n<td>3.63%<\/td>\n<\/tr>\n<tr>\n<td>Dixon Technologies (India) Ltd<\/td>\n<td>Consumer Durables<\/td>\n<td>3.35%<\/td>\n<\/tr>\n<tr>\n<td>Axis Bank Ltd<\/td>\n<td>Bank<\/td>\n<td>3.27%<\/td>\n<\/tr>\n<tr>\n<td>Bosch Ltd<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>3.23%<\/td>\n<\/tr>\n<tr>\n<td>Aia Engineering Ltd<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>2.95%<\/td>\n<\/tr>\n<tr>\n<td>Timken India Ltd<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>2.84%<\/td>\n<\/tr>\n<tr>\n<td>Data Patterns India Ltd<\/td>\n<td>Capital Goods<\/td>\n<td>2.81%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding, Hindustan Aeronautics Ltd, stands at 5.36%, which is sizeable but not dominant on its own. The next few positions stay relatively close together, and the tenth holding is still at 2.81%, so the drop from the first to the tenth is gradual rather than abrupt.<\/p>\n<p>The top 10 holdings account for approximately 35.52% of the portfolio, which suggests that a meaningful share is still spread across the remaining holdings. With 50 disclosed holdings in total and 10 already visible here, the fund may have enough breadth to avoid relying on just one or two names, while still leaving individual positions with enough weight to matter.<\/p>\n<p>That mix is visible in the sector spread too. Capital goods, electricals, consumer durables, banking and automobile-linked businesses all appear within the largest holdings, so performance may be influenced by different parts of the equity market rather than a single narrow theme.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-multi-cap-fund-g-direct-plan\">Franklin India Multi Cap Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may suit investors who are comfortable with High Risk equity exposure and can stay invested through uneven periods. The recent return pattern is stronger than the benchmark, but the scheme still lacks a long 3-year or 5-year track record, so it is better viewed as a fund for investors who value early momentum but can accept that the evidence base is still developing.<\/p>\n<p>It may appeal more to a medium-to-long horizon investor than to someone looking for stable month-to-month outcomes. The trade-off is clear: recent resilience versus the benchmark comes with equity volatility and a portfolio that can move across sectors and individual names. The fund\u2019s multi-cap style may add breadth, but it does not remove the ups and downs that come with a High Risk mandate.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load applies at 1% if units are sold on or before 1 year. There is no exit load after the holding period.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Franklin India Multi Cap Fund Direct Growth Plan?<\/strong><br \/>Its NAV is \u20b911.4203 as of 10 Sep 2026.<\/p>\n<p><strong>What are the recent returns of this fund?<\/strong><br \/>The fund\u2019s 1-month, 3-month and 1-year returns are -0.02%, 10.53% and 8.05%, respectively. The 3-year and 5-year return figures are not available.<\/p>\n<p><strong>How has the fund done against Nifty 50?<\/strong><br \/>It has outpaced Nifty 50 over the available 1-month, 3-month and 1-year periods. The benchmark figures for those periods are -4.06%, 1.37% and -7.31%.<\/p>\n<p><strong>How does it compare with the listed peer funds?<\/strong><br \/>On the available 1-year figures, it trails the strongest peer readings in the group, while several peers also show longer 3-year and 5-year records that this fund does not yet have. That makes the comparison more favourable on short-term resilience than on track-record depth.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9500.<\/p>\n<p><strong>What is the risk level, and who manages the fund?<\/strong><br \/>It is tagged as High Risk. The fund is managed by R. Janakiraman, Kiran Sebastian, Akhil Kalluri and Sandeep Manam, and the visible holdings include Hindustan Aeronautics Ltd, Syrma SGS Technology Ltd and Dixon Technologies (India) Ltd among the larger positions.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Franklin India Multi Cap Fund Direct Growth Plan has recently held up better than its benchmark, but it does not yet have a long 3-year or 5-year record to confirm whether that edge can persist. The portfolio is spread across 50 holdings, with a meaningful tilt toward capital goods, electricals and other industrial-linked names, so it is not a narrow single-theme fund. For investors who can accept High Risk equity volatility and want a fund with early short-term momentum, it offers an interesting but still developing case.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 11 September 2026 at 3:33 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Franklin India Multi Cap Fund Direct Growth Plan\",\"identifier\":\"franklin-india-multi-cap-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"29 Jul 2024\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":11.4203,\"valueReference\":\"as of 10 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"5262 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.45\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":8.05},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"R. Janakiraman, Kiran Sebastian, Akhil Kalluri, Sandeep Manam\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Franklin India Multi Cap Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its NAV is \u20b911.4203 as of 10 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the recent returns of this fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-month, 3-month and 1-year returns are -0.02%, 10.53% and 8.05%, respectively. The 3-year and 5-year return figures are not available.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund done against Nifty 50?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outpaced Nifty 50 over the available 1-month, 3-month and 1-year periods. The benchmark figures for those periods are -4.06%, 1.37% and -7.31%.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the listed peer funds?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On the available 1-year figures, it trails the strongest peer readings in the group, while several peers also show longer 3-year and 5-year records that this fund does not yet have. That makes the comparison more favourable on short-term resilience than on track-record depth.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"What is the risk level, and who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is tagged as High Risk. The fund is managed by R. Janakiraman, Kiran Sebastian, Akhil Kalluri and Sandeep Manam, and the visible holdings include Hindustan Aeronauticals Ltd, Syrma SGS Technology Ltd and Dixon Technologies (India) Ltd among the larger positions.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Franklin India Multi Cap Fund Direct Growth Plan has a NAV of \u20b911.4203 as of 10 Sep 2026, AUM of \u20b95,262 Cr and 1-year return of 8.05%.<\/p>\n","protected":false},"author":38,"featured_media":244546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-244547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["244546"],"rank_math_title":["Franklin India Multi Cap Fund NAV, Returns &amp; Review"],"rank_math_description":["Franklin India Multi Cap Fund Direct Growth Plan has a NAV of \u20b911.4203 and a 1-year return of 8.05% as of 10 Sep 2026."],"rank_math_focus_keyword":["Franklin India Multi Cap Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Franklin_India_Multi_Cap_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/244547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=244547"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/244547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/244546"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=244547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=244547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=244547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}