Franklin India Flexi Cap Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹1542.7148 | -2.42% | -5.46% | +14.84% | +14.64% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive 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 |
|---|---|
| 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 $$~~ INE040A01034 | 7.56% |
| 2 | ICICI Bank Ltd INE090A01021 | 5.90% |
| 3 | Axis Bank Ltd INE238A01034 | 5.31% |
| 4 | Call, Cash & Other Assets Call, Cash & Other Assets | 5.19% |
| 5 | Larsen & Toubro Ltd INE018A01030 | 3.90% |
| 6 | State Bank of India INE062A01020 | 3.65% |
| 7 | Bharti Airtel Ltd INE397D01024 | 3.60% |
| 8 | Reliance Industries Ltd #~~ INE002A01018 | 3.37% |
| 9 | Kotak Mahindra Bank Ltd INE237A01036 | 2.99% |
| 10 | Infosys Ltd INE009A01021 | 2.88% |
| 11 | Mahindra & Mahindra Ltd INE101A01026 | 2.78% |
| 12 | HCL Technologies Ltd INE860A01027 | 2.56% |
| 13 | Eternal Ltd INE758T01015 | 2.44% |
| 14 | Grasim Industries Ltd INE047A01021 | 2.42% |
| 15 | Apollo Hospitals Enterprise Ltd INE437A01024 | 2.37% |
| 16 | Tata Power Co Ltd INE245A01021 | 2.25% |
| 17 | Tata Steel Ltd INE081A01020 | 2.18% |
| 18 | Bharat Electronics Ltd INE263A01024 | 2.12% |
| 19 | Kirloskar Oil Engines Ltd INE146L01010 | 2.05% |
| 20 | NTPC Ltd INE733E01010 | 2.04% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Franklin India Flexi Cap Fund hold?
Franklin India Flexi Cap Fund holds 54 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 26.31% of NAV.
What is the largest holding in Franklin India Flexi Cap Fund?
The largest position in Franklin India Flexi Cap Fund is HDFC Bank Ltd $$~~, accounting for 7.56% of NAV in the Banks sector.
Is Franklin India Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.418, Franklin India Flexi Cap Fund is well-diversified. The HHI concentration index is 28,191 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 26.31% of the portfolio.
What is the market cap allocation of Franklin India Flexi Cap Fund?
Based on SEBI's AMFI classification, Franklin India Flexi Cap Fund's equity portfolio is split as: Large Cap: 71.17%, Mid Cap: 12.53%, Small Cap: 7.86%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Franklin India Flexi Cap Fund invest in most?
Franklin India Flexi Cap Fund has the highest allocation to Banks (25.41%), IT - Software (5.98%), Power (5.03%). The fund is invested across 34 sectors in total.
How actively managed is Franklin India Flexi Cap Fund compared to other Flexi Cap Fund funds?
Franklin India Flexi Cap Fund has an Active Share of 57.90%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Franklin India Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Franklin India Flexi Cap Fund added 3 new stocks (including Bharat Petroleum Corporation Ltd) and exited 4 stocks (including Hyundai Motor India Ltd). Total holding count decreased from 56 to 55 stocks.