An open-end growth scheme with an objective to provide medium to long term capital appreciation as a primary objective and income as a secondary objective.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Akhil Kalluri
Mr. Kalluri is a MBA, IIM Lucknow. B.Tech. (Electronics and Communications Engineering), Andhra University
Prior to joining Franklin Templeton Mutual Fund, he has worked with Credit Suisse, ICICI Securities.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Franklin India Mid Cap Fund is ₹2,864.99 as of 2026-08-28.
Franklin India Mid Cap Fund is classified as a Mid Cap fund.
The Assets Under Management (AUM) of Franklin India Mid Cap Fund is ₹12,870.79 Cr.
The expense ratio of Franklin India Mid Cap Fund is 1.88%.
Franklin India Mid Cap Fund is managed by Akhil Kalluri.
The minimum SIP investment for Franklin India Mid Cap Fund is ₹500.
As per the SEBI Riskometer, Franklin India Mid Cap Fund carries a Very High risk level.
Franklin India Mid Cap Fund has delivered 6.4% (1Y), 16.89% (3Y) and 14.69% (5Y) annualised returns as of 2026-08-28.
Franklin India Mid Cap Fund was launched on 1996-02-19.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.