Franklin India Large Cap Fund
Franklin Templeton Mutual Fund·Large Cap Fund·vs Nifty 100 TRI
The fund remains heavily tilted toward large-cap banking stocks, which comprise over a quarter of the portfolio and reflect conviction in financial sector resilience. Recent additions of Trent and Maruti Suzuki alongside HCL Technologies trimming signal a subtle shift toward discretionary consumption and away from pure IT services, suggesting the manager anticipates stronger domestic demand cycles. The concentrated top-10 position of nearly 49% leaves limited room for conviction bets outside the largest names.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹963.0184 | -1.84% | -7.43% | -8.98% | -3.53% | +10.91% | +9.49% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
50
Top 5 Weight
29.88%
Top 10 Weight
48.68%
Active Share
—
Large Cap
79.47%
Gini
0.417
What Changed2026-03-31 → 2026-04-30
Holdings: 48 → 51+6 added−3 removed31 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Bajaj Finserv Ltd | 1.20% |
| Cholamandalam Investment and Finance Co Ltd | 1.10% |
| Trent Ltd | 0.94% |
| LG Electronics India Ltd | 0.52% |
| Maruti Suzuki India Ltd | 0.51% |
| 364 DTB (04-Jun-2026) $~~ | 0.14% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd INE090A01021 | 8.33% |
| 2 | HDFC Bank Ltd INE040A01034 | 6.77% |
| 3 | Reliance Industries Ltd INE002A01018 | 5.81% |
| 4 | Eternal Ltd INE758T01015 | 4.67% |
| 5 | Kotak Mahindra Bank Ltd INE237A01036 | 4.30% |
| 6 | Axis Bank Ltd INE238A01034 | 4.06% |
| 7 | Mahindra & Mahindra Ltd INE101A01026 | 3.82% |
| 8 | Larsen & Toubro Ltd INE018A01030 | 3.82% |
| 9 | Infosys Ltd INE009A01021 | 3.64% |
| 10 | State Bank of India INE062A01020 | 3.47% |
| 11 | SBI Life Insurance Co Ltd INE123W01016 | 3.00% |
| 12 | Tata Power Co Ltd INE245A01021 | 2.41% |
| 13 | Call, Cash & Other Assets Call, Cash & Other Assets | 2.23% |
| 14 | J.B. Chemicals & Pharmaceuticals Ltd INE572A01036 | 2.20% |
| 15 | HCL Technologies Ltd INE860A01027 | 2.16% |
| 16 | Asian Paints Ltd INE021A01026 | 2.02% |
| 17 | Hindalco Industries Ltd INE038A01020 | 1.78% |
| 18 | Ultratech Cement Ltd INE481G01011 | 1.74% |
| 19 | PB Fintech Ltd INE417T01026 | 1.59% |
| 20 | Power Grid Corporation of India Ltd INE752E01010 | 1.56% |
Sector Allocation
Banks26.9%
Retailing8.3%
IT - Software7.1%
Pharmaceuticals & Biotechnology6.1%
Petroleum Products5.8%
Consumer Durables5.2%
Insurance4.5%
Automobiles4.3%
Power4.0%
Construction3.8%
Top 10 sectors by % to NAV. Excludes derivatives.