Karan Arjun is a 1995 Indian Hindi-language fantasy action thriller 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 was theatrically released in India on 13 January 1995. The film received positive reviews from critics and grossed ₹450 million ($20 million), emerging as an "all-time blockbuster" and the second highest-grossing Bollywood film of 1995 after Dilwale Dulhania Le Jayenge. It was the 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.

The film was re-released worldwide on November 22, 2024.