The scheme seeks to generate long term capital appreciation by investing in concentrated portfolio of equity & equity related instruments of upto 30 companies.
The scheme seeks to achieve capital appreciation through investing predominantly in Indian companies/sectors with high growth rates or potential.
Fund Manager
Sachin Relekar, Krishnaa Narayan
Ajay Argal, Venkatesh Sanjeevi, Sandeep Manam
AMC
Axis Mutual Fund
Franklin Templeton Mutual Fund
Taxation
Equity
Equity
Launch Date
31 Dec 2012
31 Dec 2012
Portfolio Overlap
36.6%
Moderate overlap
common holdings
36.6% of the combined portfolio weight is common between Axis Focused Direct Plan-Growth and Franklin India Focused Equity Fund Direct-Growth.
11 stocks appear in both portfolios.
The largest shared holding is ICICI Bank Ltd., at 8.00% of Axis Focused Direct Plan-Growth and 8.14% of Franklin India Focused Equity Fund Direct-Growth.
The funds share a meaningful part of their portfolios but still differ enough to add some diversification.
Largest common holdings
ICICI Bank Ltd.HDFC Bank Ltd.Eternal Ltd.Axis Bank Ltd.Bharti Airtel Ltd.Reliance Industries Ltd.Interglobe Aviation Ltd.PB Fintech Ltd.
Axis Focused Direct Plan-Growth has delivered the higher 3-year CAGR (11.35% vs 10.45%). Axis Focused Direct Plan-Growth is the cheaper of the two with an expense ratio of 1.08% against 1.17%. Franklin India Focused Equity Fund Direct-Growth manages the larger corpus at ₹11.41k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, Axis Focused Direct Plan-Growth returned 4.31% against -3.14% for Franklin India Focused Equity Fund Direct-Growth; and over 3 years, Axis Focused Direct Plan-Growth leads with a 11.35% CAGR versus 10.45%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
Axis Focused Direct Plan-Growth has the lower expense ratio at 1.08%, compared with 1.17% for Franklin India Focused Equity Fund Direct-Growth — a difference of 0.09% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both Axis Focused Direct Plan-Growth and Franklin India Focused Equity Fund Direct-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 36.6%, which is considered moderate. At this level the funds share a meaningful part of their portfolios but still differ enough to add some diversification. You can see the shared stocks in the overlap section above.
Yes — both are Equity: Focused funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
Axis Focused Direct Plan-Growth has a NAV of ₹66.00 and an AUM of ₹11.08k Cr, and was launched on 31 Dec 2012. Franklin India Focused Equity Fund Direct-Growth has a NAV of ₹117.25 and an AUM of ₹11.41k Cr, launched on 31 Dec 2012. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
