Franklin India Large Cap Fund vs HDFC Large Cap Fund
Franklin India Large Cap Fund and HDFC Large Cap Fund are both Large Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +12.09% vs +10.78%, 5-year CAGR +8.15% vs +10.97%, volatility 14.20% vs 14.40%, maximum drawdown −36.25% vs −40.81%. Their portfolios overlap by 54.7% (22 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Franklin India Large Cap | HDFC Large Cap | |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | HDFC Mutual Fund |
| Compared as | Large Cap | Large Cap |
| NAV | ₹1,173.7120 | ₹1,257.1720 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 1 Jan 2013 | 1 Jan 2013 |
| Track record | 13.8 yrs | 13.8 yrs |
| Fund size (AUM) | ₹6,906 Cr | ₹37,294 Cr |
| Securities held | 35 | 47 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Franklin India Large Cap | HDFC Large Cap | |
|---|---|---|
| 1 month | +9.34% | +8.26% |
| 3 months | +1.09% | +0.43% |
| 6 months | +5.88% | +4.30% |
| 1 year | +1.59% | +0.81% |
| 3 years (CAGR) | +12.09% | +10.78% |
| 5 years (CAGR) | +8.15% | +10.97% |
| 7 years (CAGR) | +13.34% | +13.33% |
| 10 years (CAGR) | +11.66% | +13.06% |
| Since launch (CAGR) | +12.20% | +13.09% |
| SIP return (XIRR, 5 years) ⓘ | +9.90% | +9.97% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Franklin India Large Cap | HDFC Large Cap | |
|---|---|---|
| 2026 (year to date) | −0.74% | −1.78% |
| 2025 | +9.25% | +8.60% |
| 2024 | +17.14% | +12.31% |
| 2023 | +22.80% | +30.78% |
| 2022 | −1.48% | +11.27% |
| 2021 | +33.72% | +29.28% |
Risk
| Franklin India Large Cap | HDFC Large Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 14.20% | 14.40% |
| Downside volatility ⓘ | 9.97% | 10.48% |
| Sharpe ratio ⓘ | 0.39 | 0.30 |
| Sortino ratio ⓘ | 0.56 | 0.41 |
| Maximum drawdown ⓘ | −36.25% | −40.81% |
| Recovery from that fall | 8 months | 9 months |
| Current fall from peak | −1.97% | −3.99% |
| Rolling 1-year return: worst | −33.24% | −37.19% |
| Rolling 1-year return: median | +9.87% | +11.13% |
| Rolling 1-year return: best | +97.84% | +90.88% |
| Share of 1-year periods with a loss | 19.17% | 19.39% |
Against each fund's benchmark
| Franklin India Large Cap | HDFC Large Cap | |
|---|---|---|
| Beta ⓘ | 0.91 | 0.95 |
| Alpha (Jensen's, annualised) ⓘ | +1.73% | +0.35% |
| R² ⓘ | 93.17 | 97.16 |
| Upside capture | 96.48% | 96.60% |
| Downside capture | 84.34% | 93.13% |
| Tracking error | 3.89% | 2.53% |
| Information ratio | 0.45 | 0.12 |
| Treynor ratio | 4.07 | 2.39 |
Portfolio
Asset mix
| Franklin India Large Cap | HDFC Large Cap | |
|---|---|---|
| Equity | 98.72% | 98.37% |
| Cash & equivalents | 1.13% | 1.12% |
| Debt | 0.14% | 0.51% |
Market-cap split (share of fund assets)
| Franklin India Large Cap | HDFC Large Cap | |
|---|---|---|
| Large Cap | 92.15% | 82.89% |
| Mid Cap | 5.35% | 14.59% |
| Small Cap | 0.00% | 0.00% |
| Unclassified | 1.22% | 0.89% |
Concentration
| Franklin India Large Cap | HDFC Large Cap | |
|---|---|---|
| Top 10 holdings | 53.79% | 52.99% |
| Effective number of stocks ⓘ | 23.5 | 25 |
| Securities held | 35 | 47 |
Portfolio overlap: 54.7%
22 companies are held by both funds; by weight, 54.7% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | Franklin India Large Cap | HDFC Large Cap |
|---|---|---|
| ICICI Bank Limited | 9.64% | 9.79% |
| HDFC Bank Limited | 6.59% | 7.36% |
| Kotak Mahindra Bank Limited | 5.63% | 6.08% |
| Torrent Pharmaceuticals Limited | 4.10% | 4.09% |
| Reliance Industries Limited | 3.92% | 4.76% |
| Bharti Airtel Limited | 3.92% | 6.46% |
| Bajaj Finserv Limited | 4.15% | 3.05% |
| Eternal Limited | 3.90% | 2.60% |
| Infosys Limited | 3.44% | 2.59% |
| InterGlobe Aviation Limited | 3.18% | 2.00% |
| Larsen & Toubro Limited | 5.06% | 1.98% |
| Tata Motors Ltd | 2.06% | 1.94% |
| State Bank of India | 4.72% | 1.83% |
| Vishal Mega Mart Limited | 1.50% | 1.33% |
| Tata Consumer Products Limited | 1.93% | 1.29% |
Top 10 holdings
Franklin India Large Cap
- ICICI Bank Limited9.64%
- HDFC Bank Limited6.59%
- Mahindra & Mahindra Limited6.06%
- Kotak Mahindra Bank Limited5.63%
- Larsen & Toubro Limited5.06%
- State Bank of India4.72%
- Bajaj Finserv Limited4.15%
- Torrent Pharmaceuticals Limited4.10%
- Reliance Industries Limited3.92%
- Bharti Airtel Limited3.92%
HDFC Large Cap
- ICICI Bank Limited9.79%
- HDFC Bank Limited7.36%
- Bharti Airtel Limited6.46%
- Kotak Mahindra Bank Limited6.08%
- Titan Company Limited5.07%
- Reliance Industries Limited4.76%
- Torrent Pharmaceuticals Limited4.09%
- Axis Bank Limited3.52%
- Bajaj Finserv Limited3.05%
- Bajaj Auto Limited2.81%
Sector exposure
| Franklin India Large Cap | HDFC Large Cap | |
|---|---|---|
| Banks | 26.73% | 30.07% |
| Pharmaceuticals & Biotechnology | 4.10% | 8.44% |
| Telecom - Services | 3.92% | 6.46% |
| Retailing | 6.34% | 5.17% |
| Consumer Durables | 0.00% | 6.25% |
| Automobiles | 6.06% | 6.01% |
| Finance | 4.15% | 6.05% |
| IT - Software | 5.93% | 2.59% |
| Insurance | 5.68% | 0.41% |
| Construction | 5.06% | 1.98% |
| Petroleum Products | 3.92% | 4.76% |
| Transport Services | 3.18% | 2.00% |
| Agricultural Food & other Products | 3.18% | 1.29% |
| Healthcare Services | 3.06% | 1.65% |
Questions people ask
What is the difference between Franklin India Large Cap and HDFC Large Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +1.59% vs +0.81%; 3-year CAGR +12.09% vs +10.78%; 5-year CAGR +8.15% vs +10.97%; 10-year CAGR +11.66% vs +13.06%. Past returns do not indicate future returns.
How do Franklin India Large Cap and HDFC Large Cap compare on risk?
Volatility (36 monthly returns, annualised) 14.20% vs 14.40%; Sharpe ratio 0.39 vs 0.30; Sortino ratio 0.56 vs 0.41; maximum drawdown −36.25% vs −40.81%; beta 0.91 vs 0.95.
How much do Franklin India Large Cap and HDFC Large Cap overlap?
By weight, 54.7% of the two portfolios is invested in the same companies; 22 stocks are held by both, the largest shared positions being ICICI Bank Limited, HDFC Bank Limited, Kotak Mahindra Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Franklin India Large Cap and HDFC Large Cap?
Franklin India Large Cap: large cap 92.2%, mid cap 5.4%, small cap 0.0%. HDFC Large Cap: large cap 82.9%, mid cap 14.6%, small cap 0.0% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.