About Franklin Asian Equity Fund
Franklin Asian Equity Fund is a sectoral / thematic fund managed by Franklin Templeton Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.
FAEF is an open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation.
The scheme's stated objective, as published by Franklin Templeton Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹49.7135 | 118559 |
| Direct | IDCW | ₹22.7631 | 118558 |
| Regular | Growth | ₹45.0026 | 106979 |
| Regular | IDCW | ₹21.242 | 106978 |
Frequently asked questions
What is the NAV of Franklin Asian Equity Fund today?
The NAV of Franklin Asian Equity Fund (Direct plan, Growth) is ₹49.7135 and the Regular plan NAV is ₹45.0026, as of 18 Sept 2026.
What returns has Franklin Asian Equity Fund given?
Over the last year the Direct plan returned 34.46%, and 23.1% a year over 3 years and 9.67% a year over 5 years. That places it 7 of 136 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Franklin Asian Equity Fund?
The Direct plan charges 1.6% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
How much has Franklin Asian Equity Fund fallen in the past?
Its deepest fall was 40.2% from 17 Feb 2021 to 25 Oct 2022. Of every one-year stretch in its history, 72% ended in a gain.
Which category does Franklin Asian Equity Fund belong to?
It is a Sectoral / Thematic Fund from Franklin Templeton Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Franklin Asian Equity Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.