Karan Arjun is a 1995 Indian Hindi-language fantasy action masala film directed and produced by Rakesh Roshan, starring Salman Khan, Shah Rukh Khan, Raakhee Gulzar, Mamta Kulkarni and Kajol in lead roles. Amrish Puri portrays the main antagonist, while Johnny Lever, Arjun, Jack Gaud, Ranjeet and Aasif Sheikh appear in supporting roles. The film revolves around the story of the two titular brothers who seek revenge from their greedy uncle for murdering their father but are killed by him and are reincarnated to complete the revenge.

Karan Arjun theatrically released in India on 13 January 1995. The film received positive reviews from critics and grossed ₹450 million^[2] ($20 million),^[3] emerging as an "all time blockbuster" and the second highest-grossing Bollywood film of 1995 after Dilwale Dulhania Le Jayenge. It was 6th highest-grossing film of the decade.

At the 41st Filmfare Awards, Karan Arjun received 10 nominations, including Best Film, Best Director (Roshan), Best Actor (Salman) and Best Supporting Actress (Raakhee), and won 2 awards – Best Editing and Best Action.

In a village in Rajasthan, Durga Singh, a poor woman raises her two beloved sons Karan and Arjun. When Munshiji of Thakur Sangram Singh, comes to talk to Durga, she tells her husband was the Thakur's son who married her against his father's wishes. Durjan Singh, a relative of Thakur killed Durga's husband to prevent him or his family from inheriting the Thakur's estate.

After learning that Thakur plans to sign over the estate to Karan and Arjun, Durjan kills Thakur, before brutally murdering Karan and Arjun with his brothers-in-law Nahar and Shamsher. Durga worships Goddess Kali to bring her sons back. Miraculously, Durga's prayers are heard and the two are reincarnated, but are separated and grown into different families unaware of their past lives. Durga is unaware of this miracle, but she still believes that her sons will return.

20 years later, Arjun is reincarnated as Vijay, where he falls in love with the wealthy Sonia Saxena; she also loves him but her wedding is fixed to Durjan's son Suraj. Karan is also reborn as Ajay, who is chased upon by tomboyish girlfriend Bindiya, and soon works for Govind—Sonia's father and Durjan's partner in his illegal arms trading business. Knowing that Sonia loves Vijay, Suraj attempts to kill him, but Vijay attacks him. Ajay is sent to kill Vijay; they start to fight, that is suddenly interrupted after a bolt of lightning strikes in between them.

Govind tries to shoot Vijay, but Ajay stops him whilst shouting for Vijay to run, which leads something that Ajay said to Vijay in their past when he was attacked. Ajay is prisoned, while Vijay escapes. Sonia is forcibly taken to Durjan's house to marry Suraj. Vijay and his friend Linghaiyya travel to save Sonia, where everybody is stunned and calls him Arjun. He finally remembers his past life and reunites with Durga, where he gets to know about his brother Karan, who is now Ajay. Vijay saves Ajay and explains the whole situation that they were brothers named Karan and Arjun.

Meanwhile, Bindiya joins them, and Durjan hears about Karan and Arjun's return, but refuses to believe it. Nahar and Shamsher attempt to bring them before him but instead get killed by Ajay and Vijay in a similar way as they killed the two brothers. Karan (Ajay) and Arjun (Vijay) frighten Durjan by convincing that they're back. Govind and Durjan have a falling out, in which Govind tells Sonia to run away with Vijay, but it's actually a trap.

Ajay succeeds in creating chaos, letting Vijay and Sonia escape from the trap. Vijay shoots Suraj to death, and Durjan kills Govind in a fit of rage. He attempts to shoot Ajay and Vijay but instead they beat him up. He begs forgiveness from Durga, but Ajay and Vijay take their revenge by killing him on her order. Later, Vijay marries Sonia, Ajay marries Bindiya, and the whole family is united.

• Salman Khan as Karan Singh / Ajay (dual role)
• Shah Rukh Khan as Arjun Singh / Vijay (dual role)
• Raakhee as Durga Singh
• Kajol as Sonia Saxena
• Mamta Kulkarni as Bindiya
• Amrish Puri as Thakur Durjan Singh, the main antagonist
• Johnny Lever as Linghaiyya Tripuri, Vijay's best friend
• Ranjeet as Mr. Govind Saxena, Sonia's father and Durjan's crime partner
• Aasif Sheikh as Suraj Singh, Sonia's former fiancé and Durjan's son
• Ashok Saraf as Badal Munshi a.k.a. Munshiji
• Jack Gaud as Shamsher Singh, Durjan's brother-in-law
• Arjun as Nahar Singh, Durjan's brother-in-law
• Gavin Packard as Surakwal Rishmore, the fighter with red pants
• Ila Arun in "Gup Chup" song as Sunehrika Kalwani, Rajasthani Dancer
• Kishore Bhanushali as Zakir Sahmed, Bindiya's lover
• Suresh Chatwal as Girdhari Singhania, Ajay's alcoholic father
• Salim Khan Ding-Dong as Fight Organiser
• John Gabriel as Peter
• Dinesh Hingoo as Peston
• Raj Kishore as Jugal
• Anil Nagrath as Fight Organiser
• Ghanshyam Rohera as Ashu Bakshi
• Babbanlal Yadav as Deepak Shukla
• Vasanthi (special appearance)^[4]

Karan Arjun was the second-highest-grossing Indian film of 1995, only surpassed by Dilwale Dulhania Le Jayenge, which also starred Shah Rukh Khan, Kajol and Amrish Puri.^[2] Worldwide, Karan Arjun grossed ₹450 million.^[2][3] Overseas, the film grossed $500,000 (₹15.8 million).^[9]

The film has also been released on VHD, VCD and DVD formats for home media. It has not seen a release on Blu-ray Disc or subsequent media formats, apart from YouTube.

41st Filmfare Awards:

1996 Screen Awards:

The music and background score were composed by Rajesh Roshan and lyrics for all the songs were penned by Indeevar. The music rights were originally bought by Time Magnetics (now Tips Music). The song "Bhangra Paale" was remade for the 2020 film Bhangra Paa Le.

Additionally, the themes from The Terminator 2 and The Last of the Mohicans were featured throughout the film, especially during fight & jail scenes.^{[citation needed]}