Franklin India Mid Cap Fund
Franklin Templeton Mutual Fund·Mid Cap Fund·vs Nifty Midcap 150 TRI
The fund maintains a balanced yet diversified mid-cap exposure with meaningful financial sector tilt, reflecting confidence in banking and NBFC cyclicality. Recent portfolio tweaks—swapping consumer staples like Marico for financials and specialty players like Thermax—suggest the manager is rotating toward capital-intensive sectors likely to benefit from economic recovery. The modest cash buffer and absence of concentrated bets across the top holdings indicate a measured approach that hedges conviction rather than doubling down on single themes.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹2644.2353 | +2.54% | -3.46% | -5.96% | -0.22% | +19.38% | +16.19% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
78
Top 5 Weight
10.98%
Top 10 Weight
20.63%
Active Share
—
Large Cap
12.58%
Gini
0.207
What Changed2026-03-31 → 2026-04-30
Holdings: 80 → 79+4 added−5 removed37 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Poonawalla Fincorp Ltd | 1.16% |
| Thermax Ltd | 0.67% |
| 360 One Wam Ltd | 0.54% |
| 364 DTB (04-Jun-2026) $~~ | 0.21% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Call, Cash & Other Assets Call, Cash & Other Assets | 3.76% |
| 2 | Federal Bank Ltd INE171A01029 | 2.45% |
| 3 | Mphasis Ltd INE356A01018 | 2.17% |
| 4 | Biocon Ltd INE376G01013 | 2.15% |
| 5 | IDFC First Bank Ltd INE092T01019 | 2.12% |
| 6 | Balkrishna Industries Ltd INE787D01026 | 2.10% |
| 7 | Tube Investments of India Ltd INE974X01010 | 2.04% |
| 8 | Mankind Pharma Ltd INE634S01028 | 1.91% |
| 9 | Prestige Estates Projects Ltd INE811K01011 | 1.91% |
| 10 | Mahindra & Mahindra Financial Services Ltd INE774D01024 | 1.90% |
| 11 | APL Apollo Tubes Ltd INE702C01027 | 1.89% |
| 12 | ICICI Lombard General Insurance Co Ltd INE765G01017 | 1.89% |
| 13 | IPCA Laboratories Ltd INE571A01038 | 1.86% |
| 14 | Tata Steel Ltd INE081A01020 | 1.72% |
| 15 | Shree Cement Ltd INE070A01015 | 1.67% |
| 16 | Ashok Leyland Ltd INE208A01029 | 1.65% |
| 17 | Phoenix Mills Ltd INE211B01039 | 1.65% |
| 18 | Deepak Nitrite Ltd INE288B01029 | 1.58% |
| 19 | SRF Ltd INE647A01010 | 1.52% |
| 20 | Kalyan Jewellers India Ltd INE303R01014 | 1.50% |
Sector Allocation
Banks9.9%
Pharmaceuticals & Biotechnology7.0%
Consumer Durables6.1%
Realty6.0%
Finance6.0%
Auto Components5.8%
IT - Software5.2%
Industrial Products5.0%
Electrical Equipment4.1%
Cement & Cement Products4.0%
Top 10 sectors by % to NAV. Excludes derivatives.