Franklin India Focused Equity Fund
Franklin India Focused Equity Fund maintains a distinctly concentrated banking tilt, with nearly 27% deployed across HDFC, ICICI, and Axis—betting heavily on financial sector resilience. The manager's recent shift toward healthcare exposure (Apollo Hospitals entry) and elevated cash position signal mild caution, though the portfolio remains conviction-driven with over 60% in top ten holdings. These moves suggest the manager is selectively pruning pharma exposure while preserving core financial bets, reflecting a measured optimism tempered by near-term selectivity.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹99.4870 | -1.71% | -5.84% | +11.83% | +13.08% |
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 |
|---|---|
| Apollo Hospitals Enterprise Ltd | 1.33% |
| 364 DTB (04-Jun-2026) $~~ | 0.22% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 8.53% |
| 2 | ICICI Bank Ltd INE090A01021 | 7.42% |
| 3 | Axis Bank Ltd INE238A01034 | 7.18% |
| 4 | Reliance Industries Ltd INE002A01018 | 6.53% |
| 5 | Call, Cash & Other Assets Call, Cash & Other Assets | 5.83% |
| 6 | Bharti Airtel Ltd INE397D01024 | 5.75% |
| 7 | Tata Consultancy Services Ltd INE467B01029 | 5.71% |
| 8 | Eternal Ltd INE758T01015 | 5.05% |
| 9 | Sun Pharmaceutical Industries Ltd INE044A01036 | 4.64% |
| 10 | Tata Steel Ltd INE081A01020 | 4.05% |
| 11 | Maruti Suzuki India Ltd INE585B01010 | 3.57% |
| 12 | PB Fintech Ltd INE417T01026 | 3.48% |
| 13 | Sobha Ltd INE671H01015 | 3.22% |
| 14 | Infosys Ltd INE009A01021 | 2.83% |
| 15 | Interglobe Aviation Ltd INE646L01027 | 2.80% |
| 16 | State Bank of India INE062A01020 | 2.42% |
| 17 | HDFC Life Insurance Co Ltd INE795G01014 | 2.40% |
| 18 | KEI Industries Ltd INE878B01027 | 2.11% |
| 19 | Hindustan Unilever Ltd INE030A01027 | 2.11% |
| 20 | Jubilant Foodworks Ltd INE797F01020 | 2.03% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Franklin India Focused Equity Fund hold?
Franklin India Focused Equity Fund holds 30 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 35.40% of NAV.
What is the largest holding in Franklin India Focused Equity Fund?
The largest position in Franklin India Focused Equity Fund is HDFC Bank Ltd, accounting for 8.53% of NAV in the Banks sector.
Is Franklin India Focused Equity Fund a concentrated or diversified fund?
With a Gini coefficient of 0.387, Franklin India Focused Equity Fund is well-diversified. The HHI concentration index is 44,280 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 35.40% of the portfolio.
What is the market cap allocation of Franklin India Focused Equity Fund?
Based on SEBI's AMFI classification, Franklin India Focused Equity Fund's equity portfolio is split as: Large Cap: 73.34%, Mid Cap: 11.44%, Small Cap: 8.01%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Franklin India Focused Equity Fund invest in most?
Franklin India Focused Equity Fund has the highest allocation to Banks (26.72%), IT - Software (8.54%), Petroleum Products (6.53%). The fund is invested across 21 sectors in total.
How actively managed is Franklin India Focused Equity Fund compared to other Focused Fund funds?
Franklin India Focused Equity Fund has an Active Share of 61.49%, classifying it as "Active Stock Picker" among 27 Focused Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Franklin India Focused Equity Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Franklin India Focused Equity Fund added 2 new stocks (including Apollo Hospitals Enterprise Ltd) and exited 1 stock (including 91 DTB (17-Apr-2026) $ ~~). Total holding count increased from 30 to 31 stocks.