Launched in January 2006, Franklin India Smaller Companies Fund is classified under the small & mid-cap category of CRISIL Mutual Fund Ranking. It has been ranked in the top 30 percentile (CRISIL Fund Rank 1 or 2) over the past four consecutive quarters as of September 2016. Jointly managed by R Janakiraman and Hari Shyamsunder, the fund's quarterly average asset under management (AUM) stood at Rs 3,579 crore as on September 2016.
The fund aims to provide investors with long-term capital appreciation by investing in small and mid-cap companies, with 75 per cent of the corpus directed to companies whose

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