The India office was established in 1996 as Templeton Asset Management. Franklin Templeton Asset Management (India) Pvt. Ltd.'s first fund, offered in September 1996, was the Templeton India Growth Fund. In the same year, it introduced SIP, STP, and Group SIPs as a concept that became an industry practice. As of Dec 31, 2024, Franklin Templeton Mutual Fund's assets under management (AUM) stood at Rs 1,14,015 crores.
Franklin Templeton offers 30 funds in India, including 14 equity schemes, 7 debt schemes, 7 hybrid schemes, and 2 International FoFs. Over three-quarters of its funds have operated for over 10 years: 2 funds have completed 30 years, 10 have completed 20 years, and 25 have completed 10 years.
History of Franklin Templeton Group
The Franklin Templeton Group, founded in 1947, is one of the world’s largest Investment Management Companies. As of December 31, 2024, it had over $1.58 trillion in assets under management. With over 75 years of experience in Investment Management, the group has served over 150 countries.
Franklin Templeton Asset Management (India) Pvt. Ltd. is a private company established on October 6, 1995. Franklin Templeton Holding Limited, Mauritius and its nominees hold the entire (100%) paid-up capital of the Investment Manager. Franklin Templeton Holding Limited is a wholly owned subsidiary of Templeton Asset Management Ltd., Singapore. Templeton Asset Management Ltd. is a wholly owned subsidiary of Franklin Templeton Capital Holdings Pte. Ltd., Singapore, a wholly owned subsidiary of Templeton International Inc., a wholly owned subsidiary of Templeton Worldwide Inc., a fully owned subsidiary of Franklin Resources Inc.
Key Information About Franklin Templeton Mutual Fund
How to Invest in the Franklin Templeton Mutual Fund
Investing in the best Franklin Templeton Mutual Funds can be a complex process. To make it easier, here is a step-by-step guide:
1. Choose Your Mutual Fund Type
According to your risk tolerance (low, mid, or high) and financial goals, choose your mutual types, such as equity, debt, hybrid, index, and sector funds.
2. Select a Mutual Fund Scheme
After carefully analysing the historical returns, expense ratio, reviews, and ratings of different schemes, choose your preferred Franklin Templeton Mutual Fund.
3. Login or Open a Demat Account
Log in to your Stack Wealth account. If you do not have an account, you can register with your mobile number and create a new one immediately.
4. Complete KYC (Know Your Customer) Requirements
The next step involves providing personal information and verifying identity. You must upload a government-issued ID such as PAN, Aadhar and proof of address. Follow the instructions in the app to complete this step smoothly.
5. Select Investment Mode (SIP or lumpsum)
If you prefer regular, disciplined investing, you can set-up a systematic investment plan (SIP), which is periodic (monthly, quarterly, etc.). Alternatively, if you have a large amount to invest, you can make a lump-sum investment. Select the investment period of your choice.
6. Confirm and Track Your Investment
After setting up your investment, sit back and watch your money grow. The Stack Wealth app will provide regular updates and reports on your portfolio’s performance. You can also adjust your investments or withdraw funds as needed.
List of Best Franklin Templeton Mutual Funds in India
Here is the list of some of the best Franklin Templeton Mutual Funds in India:
* All data as of 31 Jan 2025
Detailed Overview of Franklin Templeton Mutual Fund Schemes
Now, let’s discuss these 10 Franklin Templeton Mutual Fund schemes in detail:
1. Franklin India Technology Fund - Direct Plan-Growth
Franklin India Technology Fund (FITF) is an open-ended equity fund that invests in technology stocks and technology-related companies following the Technology theme. The scheme invests at least 80% Equity in technology themes to provide long-term capital appreciation.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 18.08% and 26.32%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹16,470.
- Minimum Investment Amount: The minimum lump sum for the Franklin India Technology Fund is ₹5000; for Min Add Lumpsum, it is ₹1,000; for SIP, it is ₹500.
2. Franklin India ELSS Tax Saver Fund - Direct Plan-Growth
Franklin India ELSS Tax Saver Fund is an open-end Equity Linked Savings Scheme investing a minimum of 80% Equity with a statutory lock-in of 3 years and tax benefit. The primary objective is to provide medium to long-term capital growth and income tax rebates.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 17.49% and 20.24%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹16,225.
- Minimum Investment Amount: The minimum lump sum for the Franklin India ELSS Tax Saver Fund is ₹500; for Min Add Lumpsum, it is ₹500; for SIP, it is ₹500.
3. Franklin India Corporate Debt Fund - Direct Plan-Growth
Franklin India Corporate Debt Fund is an open-ended debt scheme investing at least 80% in AA+ and above-rated corporate bonds to provide investors with regular income and capital appreciation.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.40% and 6.40%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,046.
- Minimum Investment Amount: The minimum lump sum for the Franklin India Corporate Debt Fund is ₹10,000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹500.
4. Franklin India Equity Hybrid Fund - Direct Plan-Growth
Franklin India Equity Hybrid Fund is an open-ended hybrid scheme investing 65-80% in equity-related instruments and 20-35% in debt. The scheme’s goal is to provide long-term capital and current income growth.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 14.47% and 16.70%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹15,004.
- Minimum Investment Amount: The minimum lump sum for the Franklin India Equity Hybrid Fund is ₹5,000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹500.
5. Franklin India Government Securities Fund - Direct Plan-Growth
Franklin India Government Securities Fund is an open-ended debt scheme investing a minimum of 80% in government securities across maturity, aiming to generate a return.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 5.82% and 5.73%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹11,851.
- Minimum Investment Amount: The minimum lump sum for the Franklin India Government Securities Fund is ₹25,000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹500.
6. Franklin India Opportunities Fund - Direct Plan-Growth
Franklin India Opportunities Fund is an open-ended equity scheme that follows a theme of unique situations. It invests at least 80% equity in the Special Situations theme to generate capital appreciation.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 27.23% and 27.17%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹20,607.
- Minimum Investment Amount: The minimum lump sum for the Franklin India Opportunities Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹500.
7. Franklin India Pension Plan - Direct Plan-Growth
Franklin India Pension Plan is an open-ended retirement solution-oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier). It aims to give investors regular income under the Dividend Plan and capital appreciation under the Growth Plan.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 10.04% and 9.98%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹13,329.
- Minimum Investment Amount: The minimum lump sum for the Franklin India Pension Plan is ₹500; for Min Add Lumpsum, it is ₹500; for SIP, it is ₹500.
8. Franklin India Flexi Cap Fund - Direct Plan-Growth
Franklin India Flexi Cap Fund is an open-ended dynamic equity scheme investing at least 65% equity across large, mid and small-cap stocks to generate capital growth plus regular dividends.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 17.08% and 21.60%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹16,055.
- Minimum Investment Amount: The minimum lump sum for the Franklin India Flexi Cap Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹500.
9. Franklin India Banking & PSU Debt Fund - Direct Plan-Growth
Franklin India Banking & PSU Debt Fund is an open-ended debt scheme that invests a minimum of 80% in debt instruments of banks, PSUs, PFIs, and municipal bonds to provide regular income.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.37% and 6.35%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,038.
- Minimum Investment Amount: The minimum lump sum for the Franklin India Banking & PSU Debt Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹500.
10. Franklin India Debt Hybrid Fund - Direct Plan-Growth
Franklin India Debt Hybrid Fund is an open-ended hybrid scheme investing 75-90% in debt instruments. The aim is to provide regular income through a portfolio of predominantly fixed-income securities with an exposure of 10-25% to equities.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 9.15% and 8.73%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹13,008.
- Minimum Investment Amount: The minimum lump sum for the Franklin India Debt Hybrid Fund is ₹10,000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹500.
Top Fund Managers
Below is the list of people who have made Franklin Templeton Mutual Fund Investment a standout choice in a highly competitive market.
1. Janakiraman Rengaraju
Mr. Janakiraman Rengaraju is the equity chief investment officer for Franklin Templeton Asset Management (India) Pvt Ltd. He oversees all the local equity funds and mentors all the portfolio managers. He continues to be the Portfolio Manager for some key products. Mr. Rengaraju has been in the investment management Industry since 1997 and started his career with FT in 2007. He manages the Franklin India Flexi Cap Fund, Franklin India Prima Fund, Franklin India Smaller Companies Fund, and more.
2. Rahul Goswami
Rahul Goswami is Chief Investment Officer (CIO) and Managing Director at Franklin Templeton, Fixed Income in India. In this role, Rahul oversees the fixed-income functions of the locally handled and distributed debt schemes of Franklin Templeton Mutual Fund.
Rahul was previously the CIO of fixed income at ICICI Prudential Asset Management (I-Pru) and a key contributor to the success of I-Pru’s fixed-income funds in India. Before I-Pru, he was a Franklin Templeton India Fixed Income team member, serving as portfolio manager from 2002 to 2004. He has over 24 years of extensive experience managing fixed-income funds.
3. Ajay Argal
Ajay Argal is the VP & Senior Portfolio Manager at Franklin Templeton Asset Management (India) Pvt Ltd., responsible for fund management. He has over 26 years of experience, including working at Baring Asset Management (Asia) Ltd., Hong Kong (September 2011 to March 2019) and Birla Sunlife Mutual Fund (December 2005 to August 2011).
4. Venkatesh Sanjeevi
Venkatesh Sanjeevi is responsible for fund management at Franklin Templeton Asset Management (India) Pvt Ltd. He has over 17 years of experience. Previously, he worked at Pictet Asset Management, London (April 2015- October 2021) as co-leading the Pictet Indian Equities fund.
5. Sandeep Manam
Sandeep Manam has been the senior manager/research analyst for Emerging Markets India at Franklin Templeton Asset Management (India) Pvt. Ltd. since July 2015. He is responsible for researching investment opportunities in the automotive and airline sectors. With over 12 years of experience, he previously worked as a research analyst exploring investment opportunities in these industries.
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