Contents
Returns vs category
3 years: 10.74% a year, 19th of 24 small cap funds
Direct-Growth plan, a year, to 16 October 2026, from AMFI NAVs. Ranks and averages cover the 36 small cap funds AMFI lists that are old enough for each period.
Year by year
Ahead of the category average in 3 of the last 10 calendar years
- 2016+11.5%avg +6.8%
- 2017+45.3%avg +49.2%
- 2018−16.4%avg −16.3%
- 2019−4.0%avg +0.9%
- 2020+19.7%avg +33.6%
- 2021+57.7%avg +64.1%
- 2022+4.4%avg +2.7%
- 2023+53.5%avg +43.2%
- 2024+24.2%avg +28.4%
- 2025−7.6%avg −3.3%
- 2026to 23 Oct−1.4%avg +5.0%
Calendar-year returns of the Direct-Growth plan. The average covers today’s small cap funds that had a full year then.
3-year returns
3-year returns since 2013 ranged from −13.4% to 49.1% a year
- Lowest
- −13.4% to April 2020
- Middle
- +21.6%
- Highest
- +49.1% to August 2016
Every 3-year holding period ending on a NAV day from 1 January 2016 to 23 October 2026 (2,664 periods), annualised.
Worst fall
Worst fall: 49.9% (Jan 2018–Mar 2020), back at its high 10 months later
- High
- 9 Jan 2018
- Low
- 24 Mar 2020
- Back at the high
- 3 Feb 2021
- Now
- 12.8% below the 23 Sept 2024 high
Fall from the highest NAV to the lowest that followed, on daily direct plan NAVs since 1 January 2013.
Cost
The regular plan costs 0.81% a year more: about ₹2.00 lakh on ₹10 lakh over 10 years
₹10 lakh invested once and held 10 years, assuming 12% a year before costs (an assumption, not a forecast). Expense ratios as disclosed on 16 October 2026. Try your own numbers in the fee calculator.
Size and facts
₹14,646 crore of assets: the 11th largest of 36 small cap funds
- Average assets, July–September 2026
- ₹14,646 crore
- Fund house
- Franklin Templeton Mutual Fund
- Category
- Small cap
Genvest AI score
Genvest AI score 3 out of 100, ranked 30 of 31
Ranked 30 of 31 small cap funds
Two of the things the score looks at, against other small cap funds:
- Holding up in fallsDeeper or longer falls than most small cap funds
- How bad the bad days wereSharper bad days, for its gains, than most small cap funds
The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
Scored on data to 23 October 2026, among the 31 small cap funds Genvest scores. How the score works.
Similar funds
Other small cap funds of a similar size
- HSBC Small Cap Fund3 years 12.45% a year · expense ratio 0.77%
- Invesco India Small Cap Fund3 years 20.50% a year · expense ratio 0.64%
- Canara Robeco Small Cap Fund3 years 10.65% a year · expense ratio 0.73%
- Tata Small Cap Fund3 years 10.34% a year · expense ratio 0.52%
Every small cap fund compared, from the category guide.
Questions people ask
To 16 October 2026, the direct plan returned 2.97% over 1 year, 10.74% over 3 years, 13.65% over 5 years (a year, annualised beyond one year). These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.
Over 1 year it ranked 25th of 31, against a category average of 9.63%. Over 3 years it ranked 19th of 24, against a category average of 14.60%. Over 5 years it ranked 15th of 23, against a category average of 14.47%. Ranks compare the direct plans of the small cap funds AMFI lists today, by return; they are not ratings.
As disclosed on 16 October 2026, the total expense ratio is 1.06% a year for the direct plan and 1.87% for the regular plan. The 0.81% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹2.00 lakh ahead.
Its direct plan NAV fell 49.9% from its high on 9 January 2018 to 24 March 2020, and was back at that high on 3 February 2021. On 23 October 2026 it was 12.8% below its highest NAV, set on 23 September 2024.
Its average assets in July–September 2026 were ₹14,646 crore, across all plans, per AMFI: the 11th largest of 36 small cap funds.
3 out of 100 as of 23 October 2026, ranking it 30 of the 31 small cap funds Genvest scores. The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other small cap funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.
Related
This page is educational research based on AMFI data and Genvest’s own analysis. It is not a recommendation to invest in any scheme, or personalised investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not guarantee future returns. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.