Franklin India Large Cap Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹972.7423 | -2.91% | -4.19% | +11.24% | +9.71% |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive 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 |
|---|---|
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Franklin India Large Cap Fund hold?
Franklin India Large Cap Fund holds 50 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 29.88% of NAV.
What is the largest holding in Franklin India Large Cap Fund?
The largest position in Franklin India Large Cap Fund is ICICI Bank Ltd, accounting for 8.33% of NAV in the Banks sector.
Is Franklin India Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.417, Franklin India Large Cap Fund is well-diversified. The HHI concentration index is 33,366 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 29.88% of the portfolio.
What is the market cap allocation of Franklin India Large Cap Fund?
Based on SEBI's AMFI classification, Franklin India Large Cap Fund's equity portfolio is split as: Large Cap: 79.47%, Mid Cap: 9.18%, Small Cap: 3.84%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Franklin India Large Cap Fund invest in most?
Franklin India Large Cap Fund has the highest allocation to Banks (26.92%), Retailing (8.35%), IT - Software (7.12%). The fund is invested across 26 sectors in total.
How actively managed is Franklin India Large Cap Fund compared to other Large Cap Fund funds?
Franklin India Large Cap Fund has an Active Share of 43.30%, classifying it as "Balanced Approach" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Franklin India Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Franklin India Large Cap Fund added 6 new stocks (including Bajaj Finserv Ltd) and exited 3 stocks (including Hexaware Technologies Ltd). Total holding count increased from 48 to 51 stocks.