Primarily market-linked growth exposure
To provide medium to long-term capital appreciation as a primary objective and income as a secondary objective.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Equity and equity related instruments of mid cap companies: 65-100%Equity and equity related instruments of other than mid cap companies: 0-35% Money market instruments, other liquid instruments, Units issued by Infrastructure Investment Trusts (InvITs), Units of Debt mutual fund schemes# and gold and silver ETFs: 0-35% # The scheme will only invest in Overnight funds, Liquid funds and Money Market Mutual Funds for liquidity purposes
- SEBI category
- Mid Cap Fund
- Fund type
- An open ended equity scheme predominantly investing in mid cap stocks
- Primary benchmark
- Nifty Midcap 150
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- R. Janakiraman, Akhil Kalluri Sandeep Manam (dedicated for making investments for Foreign Securities)
- Manager tenure on this scheme
- Since R. Janakiraman: February 11, 2008 Akhil Kalluri: February 7, 2022 Sandeep Manam: October 18, 2021
- Role / co-management
- Comanage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Franklin India Mid Cap Fund - Direct Plan - Growth | ₹3,227.0019 | 04 Sep 2026 |
| Franklin India Mid Cap Fund - Direct Plan - IDCW | ₹106.1251 | 04 Sep 2026 |
| Franklin India Mid Cap Fund - Regular Plan - Growth | ₹2,845.5584 | 04 Sep 2026 |
| Franklin India Mid Cap Fund - Regular Plan - IDCW | ₹87.5226 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 1.91%, Direct 1.14%
- Exit load
- In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment
- Minimum application
- Rs.5000 · multiples of 1
- SIP frequency
- SIP: Daily,Weekly,Monthly & Quarterly - Any date of the month – Daily SIPs shall be processed on all Business Days. In case of weekly frequency, investor can select any Business Day between Monday to Friday. In case of Monthly and Quarterly, all the SIP instalments (except the first one) must be uniformly dated for the month / quarter. STP: Daily, Weekly, Monthly and Quarterly - (29, 30, 31 will default to last business day of the month) SWP: Monthly, Quarterly, Semi Annual & Annual - (29, 30, 31 will default to last business day of the month)
- Minimum SIP amount
- SIP: Daily : 100; Weekly, Monthly & Quarterly : 500 STP: Daily: 500 * 2 = 1000; Weekly, Monthly & Quarterly : 1000 * 2 = 2000 SWP: 500 * 1
- Minimum instalments
- Daily: If Rs. 100 – 499: 20 instalments If Rs. 500 – 999: 12 instalments If Rs. 1000 and above: 6 instalments Weekly, Monthly & Quarterly : If Rs. 500 – 999: 12 instalments If Rs. 1000 and above: 6 instalments STP: Under Capital Appreciation Option, the minimum term shall be 6 months. Daily - 1 Month Weekly - 1 Month Monthly - 2 Months Quarterly - 3 Months SWP: 500*1, Under Capital Appreciation Option, the minimum term shall be 1 month
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.