Franklin India Small Cap Fund Crosses ₹14,000 Crore AUM; 20-Year SIP Value Reaches ₹1.94 Crore

Key Takeaways

• Franklin India Small Cap Fund has crossed the ₹14,000-crore assets-under-management mark.
• A historical ₹10,000 monthly SIP over 20 years was worth nearly ₹1.94 crore as of 31 August 2026.
• The fund's 15-year return was reported at 19.03%, compared with 15.75% for its benchmark over the same period.

Franklin India Small Cap Fund has crossed ₹14,000 crore in assets under management, adding another large scheme to India's expanding small-cap mutual fund category.

The milestone was disclosed alongside historical performance data released by Franklin Templeton and reported by The Economic Times on 6 October.

According to the fund house, a ₹10,000 monthly systematic investment maintained over the preceding 20 years would have grown to nearly ₹1.94 crore as of 31 August 2026.

The calculation reflects historical SIP performance and should not be interpreted as a projection of future returns.

Long-term return data

Over a 15-year period, the scheme was reported to have generated a return of 19.03%, compared with 15.75% for the Nifty Smallcap 250 Index.

Since inception, the fund's reported return stood at 15.02%.

Over shorter periods, however, relative performance was different. The fund returned 12.82% over three years, compared with 16.15% for the benchmark. Its five-year return was 16.49%, against 16.55% for the benchmark.

The data illustrates why a fund's relative performance can vary materially depending on the period being measured.

₹10,000 lump sum and SIP figures

The fund house also calculated that ₹10,000 invested once at the scheme's inception would have grown to approximately ₹1.79 lakh by the end of August 2026.

Separately, a ₹10,000 monthly SIP made for 15 years would have accumulated to around ₹81 lakh.

These figures use different investment structures and should therefore be read separately. Lump-sum returns typically use a point-to-point return measure, while SIP calculations account for multiple investments made at different times.

Small-cap mutual funds predominantly invest in smaller listed companies and can experience substantial fluctuations across market cycles.

The AUM milestone reflects the scale that Franklin India Small Cap Fund has reached, but asset size and historical returns in themselves do not establish how a scheme will perform in the future.