Franklin India Conservative Hybrid Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹90.7814 | -0.55% | +0.56% | +8.00% | +6.97% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Franklin India Conservative Hybrid Fund hold?
Franklin India Conservative Hybrid Fund holds 56 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 32.83% of NAV.
What is the largest holding in Franklin India Conservative Hybrid Fund?
The largest position in Franklin India Conservative Hybrid Fund is Call, Cash & Other Assets, accounting for 14.87% of NAV.
Is Franklin India Conservative Hybrid Fund a concentrated or diversified fund?
With a Gini coefficient of 0.606, Franklin India Conservative Hybrid Fund is moderately concentrated. The HHI concentration index is 35,363 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 32.83% of the portfolio.
What is the market cap allocation of Franklin India Conservative Hybrid Fund?
Based on SEBI's AMFI classification, Franklin India Conservative Hybrid Fund's equity portfolio is split as: Large Cap: 17.47%, Mid Cap: 1.99%, Small Cap: 3.05%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Franklin India Conservative Hybrid Fund invest in most?
Franklin India Conservative Hybrid Fund has the highest allocation to CRISIL AAA (28.94%), IND AAA (13.65%), CRISIL AA (9.53%). The fund is invested across 33 sectors in total.
How actively managed is Franklin India Conservative Hybrid Fund compared to other Conservative Hybrid Fund funds?
Franklin India Conservative Hybrid Fund has an Active Share of 76.05%, classifying it as "Highly Differentiated" among 16 Conservative Hybrid Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Franklin India Conservative Hybrid Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Franklin India Conservative Hybrid Fund added 2 new stocks (including Motherson Sumi Wiring India Ltd) and exited 3 stocks (including Sun Pharmaceutical Industries Ltd). Total holding count decreased from 58 to 57 stocks.