What is the story about?
A monthly systematic investment plan (SIP) of ₹10,000 in Franklin India Flexi Cap Fund since its launch in September 1994 would have grown into a corpus of about ₹17.49 crore by the end of November 2025, according to data released by the fund house.
The total invested amount over the period would have been approximately ₹37.3 lakh.
The SIP milestone comes as the equity scheme approaches ₹20,000 crore in assets under management (AUM) and completes 31 years of operations, making it one of the longer-running diversified equity funds in the domestic mutual fund industry.
The fund has also reported that a lump-sum investment of ₹10,000 made at inception would have grown to around ₹17 lakh as of November 2025, compared with roughly ₹3 lakh in its benchmark, the Nifty 500 TRI. The scheme has outperformed the benchmark across several time horizons, including 2, 3, 5 and 15 years, as well as since inception, based on internal data.
Portfolio and management
As per the latest portfolio disclosures, the banking sector accounts for the largest share of the fund’s equity exposure at about 25%. Other key sector allocations include IT software, telecom services, construction and retailing. The scheme retains the flexibility to invest across market capitalisations.
The fund follows a Growth at Reasonable Price (GARP) investment approach and is managed by Janakiraman Rengaraju, Rajasa Kakulavarapu and Sandeep Manam, who have overseen the portfolio through multiple market cycles.
Investor perspective
Industry experts note that long-term SIP illustrations highlight the role of disciplined investing, particularly in equity-oriented schemes, though outcomes remain dependent on market conditions and valuations.
Caution
Experts say that mutual fund investments are subject to market risks, including potential loss of capital. Past performance may or may not be sustained in the future, and SIP return illustrations are based on historical data.
Portfolio holdings and sector allocations are subject to change. So, investors should consider their risk profile and investment horizon before making investment decisions.
The total invested amount over the period would have been approximately ₹37.3 lakh.
The SIP milestone comes as the equity scheme approaches ₹20,000 crore in assets under management (AUM) and completes 31 years of operations, making it one of the longer-running diversified equity funds in the domestic mutual fund industry.
The fund has also reported that a lump-sum investment of ₹10,000 made at inception would have grown to around ₹17 lakh as of November 2025, compared with roughly ₹3 lakh in its benchmark, the Nifty 500 TRI. The scheme has outperformed the benchmark across several time horizons, including 2, 3, 5 and 15 years, as well as since inception, based on internal data.
Portfolio and management
As per the latest portfolio disclosures, the banking sector accounts for the largest share of the fund’s equity exposure at about 25%. Other key sector allocations include IT software, telecom services, construction and retailing. The scheme retains the flexibility to invest across market capitalisations.
The fund follows a Growth at Reasonable Price (GARP) investment approach and is managed by Janakiraman Rengaraju, Rajasa Kakulavarapu and Sandeep Manam, who have overseen the portfolio through multiple market cycles.
Investor perspective
Industry experts note that long-term SIP illustrations highlight the role of disciplined investing, particularly in equity-oriented schemes, though outcomes remain dependent on market conditions and valuations.
Caution
Experts say that mutual fund investments are subject to market risks, including potential loss of capital. Past performance may or may not be sustained in the future, and SIP return illustrations are based on historical data.
Portfolio holdings and sector allocations are subject to change. So, investors should consider their risk profile and investment horizon before making investment decisions.
