Franklin India Flexi Cap Fund: A Long-Term Wealth Creator

A mutual fund that turns a Rs 10,000 lump sum into nearly Rs 17 lakh and a Rs 2,000 monthly SIP into around Rs 3.5 crore over three decades is hard to ignore. Franklin India Flexi Cap Fund has delivered exactly that. Launched in 1994, the scheme has completed more than 31 years and has emerged as one of the most consistent long-term wealth creators in the equity mutual fund space. With assets of around Rs 20,000 crore, the fund stands out for rewarding disciplined investors across market cycles. Whether it is lump sum investing or investing through SIPs, the fund has not only beaten its benchmark, the Nifty 500, but has also demonstrated the real power of long-term investing. According to the fund’s fact sheet, a lump sum investment of Rs 10,000 made at launch has grown to nearly Rs 17 lakh. Even more striking is the SIP performance, where a regular monthly investment of just Rs 2,000 has created a corpus of around Rs 3.5 crore over the same period. This clearly highlights how disciplined and long-term investing can lead to meaningful wealth creation. Launch date: September 29, 1994 Total AUM: Rs 20,022 crore (as of November 30, 2025) Expense ratio: 1.69% (as of November 30, 2025) Benchmark: Nifty 500 NAV: Rs 1,668.4901 (as of December 12, 2025) Exit load: 1% if units are redeemed within one year Standard deviation: 3.57% Sharpe ratio: 0.94 R-squared: 0.96 Portfolio turnover: 21.05% Lump sum returns: 17.86% CAGR over 31 years Franklin India Flexi Cap Fund was launched on September 29, 1994, and has now completed over 31 years. Since inception, the fund has delivered annualised returns of 17.86% on a lump sum basis. An initial investment of Rs 10,000 has grown to nearly Rs 17 lakh, while Rs 1 lakh invested at launch is now worth close to Rs 1.68 crore. 15-year return: 14.28% CAGR 10-year return: 14.35% CAGR 5-year return: 21.21% CAGR 3-year return: 17.23% 1-year return: 4.09% (Source: Fund fact sheet) The fund’s fact sheet also provides SIP data since launch, covering a period of 31 years and one month. During this time, SIP investors earned annualised returns of 19.58%. A monthly SIP of just Rs 2,000, started at launch and continued till date, has grown into a corpus of around Rs 3.5 crore. Annualised SIP return over 31 years 1 month: 19.58% Monthly SIP amount: Rs 2,000 Total SIP investment since launch: Rs 7,48,000 Current value of SIP investment: Rs 3,49,90,677 15-year SIP return: 15.86% CAGR 10-year SIP return: 16.42% CAGR 5-year SIP return: 17.14% CAGR 3-year SIP return: 15.95% 1-year return: 11.25% (Source: Fund fact sheet) Franklin India Flexi Cap Fund is an open-ended equity fund that invests across market capitalisations, including large-cap, mid-cap, and small-cap stocks. The fund is suitable for investors who are looking to grow wealth over the long term and are comfortable with equity market ups and downs. The fund manager has complete flexibility to invest anywhere between 0% and 100% across large, mid, and small-cap stocks, depending on market opportunities. This flexibility allows the fund to adjust its portfolio across different market cycles. The fund focuses on investing wherever value and growth potential are visible, regardless of company size. It has also maintained a consistent dividend track record over the past 25 years. HDFC Bank: 8.49% ICICI Bank: 6.17% Bharti Airtel: 4.55% Larsen & Toubro: 4.33% Axis Bank: 4.32% Infosys: 3.61% Reliance Industries: 3.52% State Bank of India: 3.03% Mahindra & Mahindra: 3.03% HCL Technologies: 2.88% (Source: Franklin India Mutual Fund fact sheet) Banks: 25.75% IT – Software: 7.52% Telecom: 5.99% Construction: 4.49% Retail: 4.44% Power: 4.25% Automobiles: 3.85% Pharma: 3.81% Petroleum products: 3.65% Aerospace and defence: 3.01% (Source: Franklin India Mutual Fund fact sheet) Note: This article is for informational purposes only and should not be considered investment advice. Past performance may or may not continue in the future. Mutual fund investments are subject to market risks. Investors should consult a financial expert before making any investment decisions. Note: This content has been translated using AI. It has also been reviewed by FE Editors for accuracy.