Franklin India Conservative Hybrid Fund
Franklin Templeton Mutual Fund·Conservative Hybrid Fund·vs Peer Median
Franklin India Conservative Hybrid's positioning remains firmly defensive, with over 60 percent in debt concentrated in high-rated credit instruments and government securities. The manager has trimmed its long-duration sovereign exposure while building cash reserves, signaling caution on rate movements ahead. Recent exits from discretionary stocks and modest equity additions in financials suggest selective conviction in defensive sectors while maintaining the fund's conservative mandate.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹90.5835 | -0.26% | -1.79% | -1.70% | +0.91% | +8.00% | +6.92% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
56
Top 5 Weight
32.83%
Top 10 Weight
53.69%
Active Share
—
Large Cap
17.47%
Gini
0.606
What Changed2026-03-31 → 2026-04-30
Holdings: 58 → 57+2 added−3 removed7 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Motherson Sumi Wiring India Ltd | 0.06% |
| 7.18% Power Finance Corporation Ltd (20-Jan-2027) ** | 2.71% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Call, Cash & Other Assets Call, Cash & Other Assets | 14.87% |
| 2 | 7.82% Bajaj Finance Ltd (31-Jan-2034) ** INE296A07SV1 | 8.11% |
| 3 | 0.00% Jubilant Bevco Ltd (31-May-2028) ** INE1D4P08019 | 7.53% |
| 4 | 6.90% GOI 2065 (15-Apr-2065) IN0020250018 | 6.29% |
| 5 | 7.48% National Bank For Agriculture & Rural Development (15-Sep-2028) INE261F08EO7 | 5.54% |
| 6 | 7.68% Small Industries Development Bank Of India (10-Aug-2027) ** INE556F08KP4 | 5.37% |
| 7 | 7.90% Bajaj Housing Finance Ltd (28-Apr-2028) ** INE377Y07417 | 5.34% |
| 8 | 7.70% Poonawalla Fincorp Ltd (21-Apr-2028) ** INE511C07847 | 5.30% |
| 9 | 0.00% REC Ltd (03-Nov-2034) INE020B08FJ3 | 4.49% |
| 10 | 8.3774% Kotak Mahindra Investments Ltd (21-Jun-2027) ** INE975F07IR8 | 2.87% |
| 11 | 8.10% Mahindra & Mahindra Financial Services Ltd (21-May-2026) ** INE774D07UX3 | 2.86% |
| 12 | 7.18% Power Finance Corporation Ltd (20-Jan-2027) ** INE134E08IR3 | 2.71% |
| 13 | 7.66% Maharashtra SDL (04-Mar-2047) IN2220250509 | 2.65% |
| 14 | 0.00% Jubilant Beverages Ltd (31-May-2028) ** INE1D4O08012 | 2.01% |
| 15 | HDFC Bank Ltd INE040A01034 | 1.76% |
| 16 | Reliance Industries Ltd INE002A01018 | 1.45% |
| 17 | ICICI Bank Ltd INE090A01021 | 1.44% |
| 18 | State Bank of India INE062A01020 | 1.31% |
| 19 | Axis Bank Ltd INE238A01034 | 1.21% |
| 20 | Bharti Airtel Ltd INE397D01024 | 1.09% |
Sector Allocation
CRISIL AAA28.9%
IND AAA13.7%
CRISIL AA9.5%
SOVEREIGN8.9%
Banks5.7%
IT - Software1.5%
Petroleum Products1.4%
Power1.3%
Telecom - Services1.1%
Construction1.1%
Top 10 sectors by % to NAV. Excludes derivatives.