# Franklin India Dividend Yield Fund

Franklin Templeton Asset Management (India) Private Limited · Dividend Yield · Regular plan, Growth

Full page with charts: https://discovermf.com/funds/franklin-india-dividend-yield-fund-103678
Figures as of 2 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

## In short

- **What it invests in:** Companies that pay high dividends. Its latest portfolio: 87% shares, 2% cash and 10% other investments.
- **₹10,000 a month:** For the last 5 years: ₹6 lakh put in, worth ₹7.15 lakh on 2 Nov 2026.
- **Next to similar funds:** Over the last 3 years it earned 9.8% a year; similar funds earned 11.2% a year on average.
- **How bumpy:** Very high: big ups and downs, sometimes sharp falls. It made money in 74 of every 100 one-year stretches; its worst 12 months saw a fall of 55.3%.
- **Expense ratio:** 2.19% a year. Similar funds: 2.39% on average.
- **Fees and minimums:** A SIP from ₹100 a month. If you sell early: In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment.

Past returns do not tell you future returns.

## Key facts

- **NAV:** ₹130.29 on 2 Nov 2026
- **Fund size:** ₹2,163 cr (2 Nov 2026)
- **Expense ratio:** 2.19% a year (typical in its category 2.39%)
- **Riskometer:** Very High
- **Benchmark:** Nifty 500 TRI
- **Category:** [Dividend Yield](https://discovermf.com/categories/dividend-yield.md)
- **Fund house:** [Franklin Templeton Asset Management (India) Private Limited](https://discovermf.com/fund-houses/franklin-templeton)
- **Launched:** 18 May 2006
- **Exit load:** In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment
- **Minimum investment:** ₹5,000 to start, ₹100 a month by SIP
- **AMFI scheme code:** 103678

## Returns

| Period | Fund | Category average | Benchmark | Rank in category |
| --- | --- | --- | --- | --- |
| 1 month | +0.1% | — | — | — |
| 3 months | -5.6% | — | — | — |
| 6 months | -5.0% | — | — | — |
| 1 year | -7.2% | -4.6% | -4.6% | 8 of 10 |
| 3 years (a year) | +9.8% | +11.2% | +10.9% | 7 of 9 |
| 5 years (a year) | +10.0% | +10.9% | +9.1% | 5 of 6 |
| Since launch (a year) | +13.5% | — | — | — |

### Calendar years

| Year | Fund | Benchmark |
| --- | --- | --- |
| 2026 | -7.1% | -4.9% |
| 2025 | +1.7% | +7.8% |
| 2024 | +20.4% | +16.2% |
| 2023 | +33.3% | +26.9% |
| 2022 | +5.3% | +4.3% |
| 2021 | +43.1% | +31.6% |
| 2020 | +22.9% | +17.9% |
| 2019 | +5.3% | +9.0% |
| 2018 | -8.6% | -2.1% |
| 2017 | +34.1% | +37.6% |

### A ₹10,000 monthly SIP

On the first price of each month, valued at the NAV of 2 Nov 2026.

| Started | Put in | Worth | Yearly return (XIRR) |
| --- | --- | --- | --- |
| 3 years ago | ₹3.6 lakh | ₹3.53 lakh | -1.3% |
| 5 years ago | ₹6 lakh | ₹7.15 lakh | +6.9% |
| 10 years ago | ₹12 lakh | ₹23.93 lakh | +13.2% |

## Risk

| Measure | Fund | Category average |
| --- | --- | --- |
| Volatility, last year | 11.8% | 12.8% |
| Worst fall, last year | -16.4% | — |
| Worst fall, last 3 years | -16.4% | — |
| Sharpe ratio, 3 years | 0.29 | — |
| Sortino ratio, 3 years | 0.39 | — |
| Beta, 3 years | 0.82 | — |
| Alpha, 3 years | -0.2% | — |

## Portfolio, September 2026

46 holdings. Equity 87.4%, Cash and equivalents 2.2%, Other 10.5%.

### Largest holdings

| Holding | Sector or type | Weight |
| --- | --- | --- |
| State Bank of India | Banks | 5.72% |
| Mediatek Inc | IT - Hardware | 5.43% |
| Infosys Ltd | IT - Software | 4.53% |
| Embassy Office Parks REIT | Realty | 4.32% |
| ICICI Bank Ltd | Banks | 4.06% |
| NTPC Ltd | Power | 3.92% |
| Britannia Industries Ltd | Food Products | 3.55% |
| ITC Ltd | Diversified FMCG | 3.50% |
| Axis Bank Ltd | Banks | 3.13% |
| Knowledge Realty Trust | Realty | 3.12% |

### Largest sectors

| Sector | Weight |
| --- | --- |
| Banks | 12.9% |
| Realty | 10.5% |
| Power | 8.9% |
| IT - Software | 7.3% |
| Automobiles | 5.7% |

## Managers

- [Rajasa Kakulavarapu](https://discovermf.com/fund-managers/rajasa-kakulavarapu), since 6 Sept 2021
- [Sandeep Manam](https://discovermf.com/fund-managers/sandeep-manam), since 18 Oct 2021
- [Ajay Argal](https://discovermf.com/fund-managers/ajay-argal), since 1 Dec 2023

## Objective

To provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield, by using a value strategy.