Previously Known As : Franklin India Prima Fund
Franklin India Mid Cap Fund Datagrid
Category Mid Cap Fund
BMSMONEY Rank 19
Rating
Growth Option 13-03-2026
NAV ₹2498.98(R) -2.35% ₹2823.78(D) -2.35%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.05% 19.34% 14.25% 14.76% 14.93%
Direct 6.89% 20.33% 15.18% 15.72% 15.95%
Nifty Midcap 150 TRI 13.74% 21.9% 18.23% 19.0% 18.42%
SIP (XIRR) Regular -12.47% 7.0% 12.34% 15.63% 14.2%
Direct -11.75% 7.92% 13.3% 16.61% 15.17%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.99 0.49 0.76 -1.87% -0.42
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.93% -18.62% -18.04% 0.91 11.01%
Fund AUM As on: 30/12/2025 12726 Cr
Top Mid Cap Fund
Fund Name Rank Rating
HDFC Mid Cap Fund 1
Icici Prudential Midcap Fund 2
Nippon India Growth Mid Cap Fund 3
Whiteoak Capital Mid Cap Fund 4
Edelweiss Mid Cap Fund 5
Sundaram Mid Cap Fund 6

NAV Date: 13-03-2026

Scheme Name NAV Rupee Change Percent Change
Franklin India PRIMA FUND - IDCW 84.84
-2.0400
-2.3500%
Franklin India PRIMA FUND - Direct - IDCW 102.57
-2.4700
-2.3500%
Franklin India Prima Fund-Growth 2498.98
-60.2000
-2.3500%
Franklin India Prima Fund - Direct - Growth 2823.78
-67.9600
-2.3500%

Review Date: 13-03-2026

Beginning of Analysis

In the Mid Cap Fund category, Franklin India Mid Cap Fund is the 10th ranked fund. The category has total 24 funds. The 4 star rating shows a very good past performance of the Franklin India Mid Cap Fund in Mid Cap Fund. The fund has a Jensen Alpha of -1.87% which is lower than the category average of -1.82%. The fund has a Sharpe Ratio of 0.99 which is lower than the category average of 0.99.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Mid Cap Mutual Funds are ideal for aggressive investors seeking higher returns by investing in mid-cap companies with significant growth potential. These funds invest primarily in companies ranked 101st to 250th by market capitalization, offering a portfolio of high-growth stocks. While they provide the potential for significant capital appreciation, they also carry higher risks due to the volatility of mid-cap stocks. Investors should have a long-term investment horizon and a high risk tolerance to invest in these funds. Additionally, the success of these funds depends on the fund manager's ability to identify and manage high-growth mid-cap stocks effectively.

Franklin India Mid Cap Fund Return Analysis

The Franklin India Mid Cap Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its Mid Cap Fund peers and the Nifty Midcap 150 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the Mid Cap Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of -8.71%, -10.31 and -9.05 in last one, three and six months respectively. In the same period the category average return was -7.23%, -8.33% and -7.68% respectively.
  • Franklin India Mid Cap Fund has given a return of 6.89% in last one year. In the same period the Nifty Midcap 150 TRI return was 13.74%. The fund has given 6.85% less return than the benchmark return.
  • The fund has given a return of 20.33% in last three years and rank 16th out of twenty seven funds in the category. In the same period the Nifty Midcap 150 TRI return was 21.9%. The fund has given 1.57% less return than the benchmark return.
  • Franklin India Mid Cap Fund has given a return of 15.18% in last five years and category average returns is 17.58% in same period. The fund ranked 17th out of twenty two funds in the category. In the same period the Nifty Midcap 150 TRI return was 18.23%. The fund has given 3.05% less return than the benchmark return.
  • The fund has given a return of 15.95% in last ten years and ranked 13th out of seventeen funds in the category. In the same period the Nifty Midcap 150 TRI return was 18.42%. The fund has given 2.47% less return than the benchmark return.
  • The fund has given a SIP return of -11.75% in last one year whereas category average SIP return is -7.13%. The fund one year return rank in the category is 22nd in 28 funds
  • The fund has SIP return of 7.92% in last three years and ranks 19th in 27 funds. Icici Prudential Midcap Fund has given the highest SIP return (15.06%) in the category in last three years.
  • The fund has SIP return of 13.3% in last five years whereas category average SIP return is 14.08%.

Franklin India Mid Cap Fund Risk Analysis

  • The fund has a standard deviation of 14.93 and semi deviation of 11.01. The category average standard deviation is 15.51 and semi deviation is 11.65.
  • The fund has a Value at Risk (VaR) of -18.62 and a maximum drawdown of -18.04. The category average VaR is -21.13 and the maximum drawdown is -20.49. The fund has a beta of 0.89 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Mid Cap Fund Category
  • Good Performance in Mid Cap Fund Category
  • Poor Performance in Mid Cap Fund Category
  • Very Poor Performance in Mid Cap Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty Midcap 150 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -8.77 -7.51
    -7.31
    		-10.89 | -4.32 28 | 30 Poor
    3M Return % -10.48 -8.45
    -8.56
    		-18.12 | -4.50 26 | 30 Poor
    6M Return % -9.40 -6.33
    -8.17
    		-21.42 | -1.18 21 | 30 Average
    1Y Return % 6.05 13.74
    10.64
    		-7.00 | 22.37 22 | 28 Poor
    3Y Return % 19.34 21.90
    19.54
    		11.54 | 24.14 13 | 27 Good
    5Y Return % 14.25 18.23
    16.27
    		12.12 | 20.14 17 | 22 Average
    7Y Return % 14.76 19.00
    17.37
    		14.10 | 20.36 16 | 19 Poor
    10Y Return % 14.93 18.42
    16.04
    		13.76 | 18.73 14 | 17 Average
    15Y Return % 16.52 16.72
    16.33
    		13.76 | 18.75 8 | 15 Good
    1Y SIP Return % -12.47
    -8.15
    		-28.60 | 3.88 22 | 28 Poor
    3Y SIP Return % 7.00
    7.79
    		-1.06 | 14.08 19 | 27 Average
    5Y SIP Return % 12.34
    12.81
    		7.16 | 17.26 13 | 22 Average
    7Y SIP Return % 15.63
    17.36
    		12.94 | 21.03 13 | 19 Average
    10Y SIP Return % 14.20
    15.69
    		13.00 | 18.90 13 | 17 Average
    15Y SIP Return % 15.85
    16.42
    		14.19 | 18.57 10 | 15 Average
    Standard Deviation 14.93
    15.51
    		13.33 | 18.83 8 | 27 Good
    Semi Deviation 11.01
    11.65
    		10.08 | 14.28 8 | 27 Good
    Max Drawdown % -18.04
    -20.49
    		-25.01 | -16.42 4 | 27 Very Good
    VaR 1 Y % -18.62
    -21.13
    		-26.90 | -14.75 6 | 27 Very Good
    Average Drawdown % -5.76
    -6.86
    		-9.92 | -3.82 7 | 27 Very Good
    Sharpe Ratio 0.99
    0.99
    		0.50 | 1.40 13 | 27 Good
    Sterling Ratio 0.76
    0.72
    		0.42 | 0.99 9 | 27 Good
    Sortino Ratio 0.49
    0.47
    		0.25 | 0.69 12 | 27 Good
    Jensen Alpha % -1.87
    -1.82
    		-10.04 | 3.85 14 | 26 Good
    Treynor Ratio -0.42
    -0.42
    		-0.54 | -0.36 18 | 26 Average
    Modigliani Square Measure % 22.15
    21.99
    		13.94 | 28.87 12 | 26 Good
    Alpha % -3.72
    -3.68
    		-11.88 | 1.96 14 | 26 Good
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty Midcap 150 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -8.71 -7.51 -7.23 -10.84 | -4.29 28 | 30 Poor
    3M Return % -10.31 -8.45 -8.33 -17.96 | -4.31 26 | 30 Poor
    6M Return % -9.05 -6.33 -7.68 -21.10 | -0.78 21 | 30 Average
    1Y Return % 6.89 13.74 11.83 -6.21 | 23.35 24 | 28 Poor
    3Y Return % 20.33 21.90 20.87 12.95 | 25.73 16 | 27 Average
    5Y Return % 15.18 18.23 17.58 12.55 | 21.10 17 | 22 Average
    7Y Return % 15.72 19.00 18.63 14.82 | 22.05 16 | 19 Poor
    10Y Return % 15.95 18.42 17.21 14.78 | 19.64 13 | 17 Average
    1Y SIP Return % -11.75 -7.13 -27.97 | 4.75 22 | 28 Poor
    3Y SIP Return % 7.92 9.05 0.12 | 15.06 19 | 27 Average
    5Y SIP Return % 13.30 14.08 8.49 | 18.20 14 | 22 Average
    7Y SIP Return % 16.61 18.66 13.41 | 22.64 15 | 19 Average
    10Y SIP Return % 15.17 16.86 13.46 | 19.80 13 | 17 Average
    Standard Deviation 14.93 15.51 13.33 | 18.83 8 | 27 Good
    Semi Deviation 11.01 11.65 10.08 | 14.28 8 | 27 Good
    Max Drawdown % -18.04 -20.49 -25.01 | -16.42 4 | 27 Very Good
    VaR 1 Y % -18.62 -21.13 -26.90 | -14.75 6 | 27 Very Good
    Average Drawdown % -5.76 -6.86 -9.92 | -3.82 7 | 27 Very Good
    Sharpe Ratio 0.99 0.99 0.50 | 1.40 13 | 27 Good
    Sterling Ratio 0.76 0.72 0.42 | 0.99 9 | 27 Good
    Sortino Ratio 0.49 0.47 0.25 | 0.69 12 | 27 Good
    Jensen Alpha % -1.87 -1.82 -10.04 | 3.85 14 | 26 Good
    Treynor Ratio -0.42 -0.42 -0.54 | -0.36 18 | 26 Average
    Modigliani Square Measure % 22.15 21.99 13.94 | 28.87 12 | 26 Good
    Alpha % -3.72 -3.68 -11.88 | 1.96 14 | 26 Good
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Franklin India Mid Cap Fund NAV Regular Growth Franklin India Mid Cap Fund NAV Direct Growth
    13-03-2026 2498.9758 2823.7779
    12-03-2026 2559.1715 2891.7358
    11-03-2026 2568.8923 2902.6577
    10-03-2026 2594.8157 2931.8867
    09-03-2026 2561.29 2893.9445
    06-03-2026 2613.1755 2952.3797
    05-03-2026 2629.2816 2970.513
    04-03-2026 2603.1409 2940.917
    02-03-2026 2656.1166 3000.6386
    27-02-2026 2694.4574 3043.7577
    26-02-2026 2723.5519 3076.5583
    25-02-2026 2717.6999 3069.884
    24-02-2026 2704.5792 3054.9997
    23-02-2026 2727.365 3080.6738
    20-02-2026 2732.9847 3086.8294
    19-02-2026 2730.7382 3084.228
    18-02-2026 2769.3282 3127.7485
    17-02-2026 2761.5738 3118.9258
    16-02-2026 2753.213 3109.4188
    13-02-2026 2739.0816 3093.2666

    Fund Launch Date: 01/Dec/1993
    Fund Category: Mid Cap Fund
    Investment Objective: The investment objective of Prima Fund is to provide medium to longterm capital appreciation as a primary objective and income as a secondary objective.
    Fund Description: An open ended equity scheme predominantly investing in mid cap stocks
    Fund Benchmark: Nifty Midcap 150
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.