Franklin India Flexi Cap Fund
Franklin Templeton Mutual Fund·Flexi Cap Fund·vs Nifty 500 TRI
Franklin India Flexi Cap Fund maintains a pronounced banking tilt with nearly a quarter of assets in the sector, reflecting conviction in financial services strength. The manager's recent trimming of pharma and auto exposure while adding energy and alternative asset management suggests a tactical shift toward inflation-hedge and cyclical recovery plays. With top-five holdings commanding 28% of the portfolio, the fund prioritizes quality large-caps but carries meaningful concentration risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹1527.9892 | -1.46% | -6.98% | -8.70% | -4.82% | +14.69% | +14.42% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
54
Top 5 Weight
26.31%
Top 10 Weight
41.93%
Active Share
—
Large Cap
71.17%
Gini
0.418
What Changed2026-03-31 → 2026-04-30
Holdings: 56 → 55+3 added−4 removed16 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Bharat Petroleum Corporation Ltd | 0.59% |
| 360 One Wam Ltd | 0.51% |
| 364 DTB (04-Jun-2026) $~~ | 0.26% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd $$~~ INE040A01034 | 7.56% |
| 2 | ICICI Bank Ltd INE090A01021 | 5.90% |
| 3 | Axis Bank Ltd INE238A01034 | 5.31% |
| 4 | Call, Cash & Other Assets Call, Cash & Other Assets | 5.19% |
| 5 | Larsen & Toubro Ltd INE018A01030 | 3.90% |
| 6 | State Bank of India INE062A01020 | 3.65% |
| 7 | Bharti Airtel Ltd INE397D01024 | 3.60% |
| 8 | Reliance Industries Ltd #~~ INE002A01018 | 3.37% |
| 9 | Kotak Mahindra Bank Ltd INE237A01036 | 2.99% |
| 10 | Infosys Ltd INE009A01021 | 2.88% |
| 11 | Mahindra & Mahindra Ltd INE101A01026 | 2.78% |
| 12 | HCL Technologies Ltd INE860A01027 | 2.56% |
| 13 | Eternal Ltd INE758T01015 | 2.44% |
| 14 | Grasim Industries Ltd INE047A01021 | 2.42% |
| 15 | Apollo Hospitals Enterprise Ltd INE437A01024 | 2.37% |
| 16 | Tata Power Co Ltd INE245A01021 | 2.25% |
| 17 | Tata Steel Ltd INE081A01020 | 2.18% |
| 18 | Bharat Electronics Ltd INE263A01024 | 2.12% |
| 19 | Kirloskar Oil Engines Ltd INE146L01010 | 2.05% |
| 20 | NTPC Ltd INE733E01010 | 2.04% |
Sector Allocation
Banks25.4%
IT - Software6.0%
Power5.0%
Retailing4.4%
Petroleum Products4.0%
Construction3.9%
Cement & Cement Products3.8%
Telecom - Services3.6%
Aerospace & Defense3.1%
Automobiles2.8%
Top 10 sectors by % to NAV. Excludes derivatives.