Templeton India Value Fund
Direct · GrowthAI Summary
Templeton India Value Fund has delivered a 3Y SIP XIRR of 20.25% and 5Y XIRR of 19.54%, outpacing the category averages of 17.43% and 16.74% respectively, though its 1Y XIRR of 12.17% trails the category's 17.71%. Against the NIFTY50 VALUE 20 benchmark, the fund shows consistent alpha across all periods, including 8.23% over 5Y and 5.77% over 3Y. Long-term lump-sum performance is also solid, with a 10Y CAGR of 14.28% versus the benchmark's 12.13%.
The fund exhibits a defensive risk profile with a beta of 0.83-0.91 across periods and downside capture consistently below 82%, meaning it falls less than the benchmark in weak markets. It has experienced 7 drawdown events exceeding 10%, with the maximum drawdown lasting 790 days and taking 290 days to recover, indicating prolonged recovery periods are possible. Calmar ratios between 0.30 and 0.39 across horizons reflect reasonable risk-adjusted returns given the moderate drawdowns.
The portfolio is heavily weighted toward financials, with Banks alone at 28.0% and Finance adding 6.3%, led by HDFC Bank (7.45%), Axis Bank (6.34%), and ICICI Bank (5.54%). With 46 total holdings, the top 10 positions account for roughly 44.6% of NAV, providing reasonable diversification beyond the core banking allocation. Other meaningful exposures include IT-Software (9.3%), Petroleum Products (6.7%), and Power (5.8%).
The fund beats category average SIP XIRR over 3Y, 5Y, 7Y, 10Y, and 12Y horizons, demonstrating sustained outperformance versus value-oriented peers. Calendar year returns show strong consistency in up-markets, with gains of 34.55% in 2023, 44.88% in 2021, and 38.27% in 2017, though 2026 is currently negative at -6.12%. This blend of long-term category leadership and benchmark alpha positions it among the stronger value funds.
This fund suits investors seeking value-style equity exposure with a long horizon of at least 5-7 years, given its proven multi-year outperformance and the extended drawdown recovery periods it has experienced. Moderate risk tolerance is appropriate, as the fund's low beta and downside capture cushion declines but its banking concentration introduces sector-specific risk. It works well as a core holding for patient investors comfortable with periodic underperformance in momentum-driven markets.
- Consistent alpha over the NIFTY50 VALUE 20 benchmark across all measured periods, including 8.23% over 5Y and 5.77% over 3Y
- SIP XIRR above category averages over 3Y (20.25% vs 17.43%), 5Y (19.54% vs 16.74%), and every longer horizon
- Defensive characteristics with downside capture of 75-85% and beta below 0.92, limiting losses in weak markets
- Heavy sector concentration in Banks at 28.0% of the portfolio, exposing investors to banking sector downturns
- 1Y SIP XIRR of 12.17% lags the category average of 17.71%, and 2026 returns are currently negative at -6.12%
Generated on 04-09-2026, 2:51 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.76 L | 19.9% | -64.7% | 143.4% |
| 3 Years | ₹36.00 L | ₹46.16 L | 16.7% | -31.1% | 41.2% |
| 5 Years | ₹60.00 L | ₹92.89 L | 16.4% | -15.2% | 35.2% |
| 7 Years | ₹84.00 L | ₹1.55 Cr | 16.4% | -6.3% | 26.8% |
| 10 Years | ₹1.20 Cr | ₹3.01 Cr | 17.7% | 14.5% | 21.4% |
| 12 Years | ₹1.44 Cr | ₹4.22 Cr | 16.6% | 14.4% | 18.9% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY50 VALUE 20 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 19.9% | 15.1% | 17.7% | +4.9% |
| 3 Years | 16.7% | 13.0% | 17.4% | +3.7% |
| 5 Years | 16.4% | 13.6% | 16.7% | +2.8% |
| 7 Years | 16.4% | 13.3% | 16.1% | +3.1% |
| 10 Years | 17.7% | 13.6% | 16.6% | +4.1% |
| 12 Years | 16.6% | 14.2% | 16.4% | +2.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 18.8% | 13.7% | -41.5% | 119.5% | 0.49 | 1.43 | 77% | — | — |
| 3 Years | 16.7% | 17.1% | -12.5% | 45.0% | 0.98 | 2.84 | 93% | — | — |
| 5 Years | 15.9% | 15.2% | -3.5% | 36.7% | 1.21 | 6.45 | 98% | — | — |
| 10 Years | 16.2% | 15.8% | 13.3% | 19.3% | 7.04 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +3.41 | 0.91 | 91.8% | 85.2% | -1.0% | -5.5% |
| 3 Years | +5.77 | 0.85 | 87.2% | 78.3% | 11.8% | 6.0% |
| 5 Years | +8.23 | 0.83 | 85.9% | 75.0% | 14.8% | 6.7% |
| 7 Years | +6.79 | 0.89 | 88.8% | 80.4% | 18.7% | 12.5% |
| 10 Years | +2.85 | 0.88 | 86.7% | 81.9% | 14.3% | 12.1% |
| 12 Years | +4.00 | 0.86 | 86.2% | 80.1% | 13.7% | 10.2% |
| 15 Years | +3.00 | 0.84 | 84.4% | 79.0% | 12.9% | 10.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Ltd | 7.38% |
| 2 | Axis Bank Ltd | 7.00% |
| 3 | ICICI Bank Ltd | 5.86% |
| 4 | Reliance Industries Ltd | 4.98% |
| 5 | Tata Consultancy Services Ltd | 4.62% |
| 6 | Cipla Ltd | 3.67% |
| 7 | Infosys Ltd | 3.66% |
| 8 | Maruti Suzuki India Ltd | 2.96% |
| 9 | IDFC First Bank Ltd | 2.65% |
| 10 | RBL Bank Ltd | 2.57% |