Franklin Templeton India

What Franklin Templeton India does

Franklin Templeton India is the Indian asset management arm of Franklin Resources Inc. (NYSE: BEN), operating as Franklin Templeton Asset Management (India) Private Limited since 1996 and headquartered in Mumbai with additional offices in Bangalore and Nagpur. The company manages approximately Rs 1.2 lakh crore (approximately $12.6 billion) in assets under management across equity, fixed income, hybrid, money market, and specialized investment fund categories, serving retail individual investors, HNI clients, and institutional distributors across India. Its product suite includes flagship offerings such as the Franklin India Flexi Cap Fund (Rs 19,598 crore AUM, 19.27% annualized since September 1994), Franklin India Dividend Yield Fund (AUM exceeding Rs 2,300 crore), Franklin India Money Market Fund (crossing Rs 3,900 crore AUM in 24 years), Franklin India Banking & PSU Debt Fund, Franklin India Opportunities Fund, and the recently launched Sapphire Equity Long-Short SIF, the first quantitative model-driven product under SEBI's SIF framework with a Rs 10 lakh minimum ticket.

The company generates revenue primarily through asset management fees charged as a percentage of AUM, supplemented by new fund offer inflows and a growing specialized investment fund lineup. Distribution occurs through direct investment plans, the Systematic Investment Plan route (contributions rising 17% to Rs 31,115 crore), mutual fund distributors and RIAs, and an expanding physical footprint in B30 (beyond top 30) cities where it is running a 4,000+ km, 21-city investor education campaign. The firm employs 251-500 staff and reaches customers via direct plans with minimums as low as Rs 100 alongside higher-ticket specialized products for sophisticated investors.

Operationally, Franklin Templeton India is in a recovery phase following the April 2020 wind-up of six debt schemes worth over Rs 25,000 crore and a two-year SEBI restriction on launching new debt products. It is executing a three-to-five-year restructuring to reduce the equity share of its AUM from approximately 90% to around 60% through fixed income expansion (money markets, corporate bonds, credit alternatives), the April 2026 launch of the Sapphire Equity Long-Short SIF for HNIs, exploration of a crypto-focused investment unit acquisition, and geographic expansion into GIFT City and B30 India via the 'Change The Soch' financial literacy campaign targeting women and tier-2/3 town investors.

Name

Franklin Templeton India

Legal name

Franklin Templeton Asset Management (India) Private Limited

Website

http://www.franklintempletonindia.com/

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

251–500 employees

Short description

Franklin Templeton India is the Indian mutual fund arm of Franklin Resources Inc., managing approximately $12.6 billion in AUM across equity, debt, and specialized investment funds for retail and HNI investors via SIPs, distributors, and direct channels.

Ownership category

akta.pro rank

Product category

Asset Management / Mutual Funds

NAICS

Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Mid-Cap Equity (Active) (FSAAAIAB)

akta.pro secondary industries

Fixed Income Mutual Funds (FSAAAEAB), Target-Risk / Risk-Managed Allocation Funds (FSAAAEAG), Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns) (FSAAAJAJ)

Keywords

• Mutual fund management
• Asset management services
• Equity mutual funds
• Fixed income funds
• Systematic investment plans

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Asset Management Fees: Franklin Templeton India generates revenue primarily through management fees charged on assets under management (AUM). With ₹1.2 lakh crore ($12.6 billion) in AUM, fees are earned as a percentage of total assets managed across equity, fixed income, hybrid, and money market schemes.
2. New Fund Offer (NFO) Proceeds: Launch of new fund schemes generates initial AUM build-up. Franklin Templeton has been launching new products including SIF (Specialized Investment Funds), retirement schemes, and specialized investment funds targeting various investor segments.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Franklin Templeton India operates as a mutual fund asset management company offering a diversified portfolio of investment products to Indian retail and institutional investors. Its offerings span equity schemes (flexi-cap, dividend yield, thematic, multi-cap, international), debt and money market funds, solution-oriented retirement schemes, and Specialized Investment Funds employing quantitative long-short strategies. The firm manages approximately ₹1.2 lakh crore (~$12.6 billion) in assets under management, earning primarily recurring management fees on AUM.

Product overview

Franklin Templeton India operates as a mutual fund asset management company offering a comprehensive portfolio of investment products across equity, debt, and hybrid categories. The product lineup includes flexi-cap funds (Franklin India Flexi Cap Fund), thematic funds (Franklin India Opportunities Fund), dividend yield funds (Franklin India Dividend Yield Fund), sector-specific offerings, international funds (Franklin Asian Equity Fund), money market and banking/PSU debt funds, and specialized investment vehicles like the Sapphire Equity Long-Short SIF. The company manages approximately Rs 1.2 lakh crore (approximately $12.6 billion) in assets under management and is expanding into fixed income, specialized investment funds, and alternatives as part of its strategic recovery and growth plan following the 2020 debt fund crisis.

Differentiator

Problem solved

Functional benefit

Products and services

• Franklin India Flexi Cap Fund Open-ended equity mutual fund scheme investing across large-cap, mid-cap, and small-cap stocks for retail investors seeking diversified equity exposure. Manages Rs 19,598 crore in AUM and has delivered 19.27% annualized returns since its September 1994 launch.
• Franklin India Dividend Yield Fund Dividend yield-focused equity mutual fund that invests in dividend-paying companies across sectors. Has turned a Rs 10,000 monthly SIP into over Rs 1.2 crore in 20 years, with AUM exceeding Rs 2,300 crore as of April 2026.
• Sapphire Equity Long-Short SIF Quantitative long-short Specialized Investment Fund investing across Nifty 500 stocks for HNI/sophisticated investors, with short positions up to 25% of net assets for dynamic risk management and alpha generation. Minimum investment Rs 10 lakh.
• Franklin India Money Market Fund
• Franklin India Banking & PSU Debt Fund
• Franklin India Retirement Fund
• Franklin India Opportunities Fund
• Franklin India Multi Cap Fund
• Franklin Asian Equity Fund

Quantifiable outcome

• SIP contributions reached multi-year high of 29% of equity AUM in May 2026, with monthly SIP flows of Rs 30,954 crore
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HDFC Mutual Fund: One of India's largest mutual fund AMCs managing ~₹7 lakh crore AUM across equity, debt and hybrid categories with similar diversified product suite and retail-distribution model. Directly comparable as a top-3 Indian AMC competing for the same SIP and B30-city retail flows.
• ICICI Prudential Mutual Fund: Top-3 Indian AMC with comparable multi-cap equity, debt and hybrid funds distributed through ICICI Bank's branch network and independent distributors. Competes head-to-head with Franklin Templeton in flagship flexi-cap and solution-oriented categories.
• SBI Mutual Fund: Largest Indian AMC by AUM with the broadest retail footprint via SBI's 22,000+ branches. Competes directly for mass-retail SIP volumes and B30 expansion — the same growth driver Franklin Templeton is targeting.
• Nippon India Mutual Fund: Large Indian AMC with aggressive equity fund performance and similar SIP-led retail franchise. Closely comparable product mix (flexi-cap, mid-cap, debt) and distributor-led go-to-market model.
• Aditya Birla Sun Life Mutual Fund: Top-5 Indian AMC with comparable diversified product suite across equity, debt and hybrid categories, distributed via Aditya Birla Capital's network. Competes for the same institutional and retail segments.
• Kotak Mahindra Mutual Fund: Mid-to-large Indian AMC with strong equity fund franchise and bank-led distribution through Kotak Mahindra Bank. Comparable product categories and target investor profile to Franklin Templeton India.
• Axis Mutual Fund: Top-10 Indian AMC with diversified equity, debt and hybrid funds and similar distributor-led sales motion. Overlaps directly with Franklin Templeton's mid-cap and flexi-cap flagship funds.
• UTI Mutual Fund: Public-sector-rooted AMC with deep retail investor base and comparable broad-spectrum product offerings. Competes for the same mass-retail SIP and B30 market segments.
• DSP Mutual Fund: Mid-size Indian AMC focused on actively managed equity and fixed-income funds with strong long-term track record. Comparable in scale and product philosophy to Franklin Templeton India's active-management heritage.
• Mirae Asset Mutual Fund: Foreign-affiliated Indian AMC with strong equity fund franchise and global parent (Mirae Asset Global Investments). Comparable to Franklin Templeton India as a foreign-affiliated AMC competing on active equity performance and international fund offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/ftiindia
• Facebookfacebook.com/franklintempletonindia
• LinkedInlinkedin.com/company/2470432

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Franklin Templeton India