Franklin Asian Equity Fund
The fund is heavily tilted toward Asian semiconductor and tech leadership, with TSMC and Samsung anchoring nearly 15% of the portfolio—a conviction bet on chip cycle strength and AI infrastructure demand. The manager is rotating toward cyclical exposure by trimming cash and adding financial, materials, and energy plays while deepening semiconductor concentration, signaling confidence in near-term Asian growth momentum despite elevated single-stock risk from top holdings.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹43.9963 | +10.60% | +48.92% | +20.49% | +7.53% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| Oil & Natural Gas Corporation Ltd | 1.49% |
| Ultratech Cement Ltd | 1.35% |
| State Bank of India | 1.18% |
| Zhongji Innolight Co Ltd | 0.25% |
| China Resources Land Ltd | 1.07% |
| KB Financial Group Inc | 0.95% |
| King Slide Works Co Ltd | 0.90% |
| Wus Printed Circuit Kunshan Co Ltd | 0.25% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing Co. Ltd TW0002330008 | 8.98% |
| 2 | Samsung Electronics Co. Ltd KR7005930003 | 5.97% |
| 3 | SK Hynix Inc KR7000660001 | 4.07% |
| 4 | Call, Cash & Other Assets Call, Cash & Other Assets | 3.67% |
| 5 | ICICI Bank Ltd INE090A01021 | 3.57% |
| 6 | Tencent Holdings Ltd KYG875721634 | 3.18% |
| 7 | Mediatek Inc TW0002454006 | 2.86% |
| 8 | Larsen & Toubro Ltd INE018A01030 | 2.65% |
| 9 | HDFC Bank Ltd INE040A01034 | 2.26% |
| 10 | Alibaba Group Holding Ltd KYG017191142 | 2.18% |
| 11 | Hyundai Motor Co Ltd KR7005380001 | 2.15% |
| 12 | Contemporary Amperex Technology Co Ltd CNE100003662 | 2.11% |
| 13 | Torrent Pharmaceuticals Ltd INE685A01028 | 1.93% |
| 14 | Weichai Power Co Ltd CNE1000004L9 | 1.92% |
| 15 | Eternal Ltd INE758T01015 | 1.90% |
| 16 | Max Healthcare Institute Ltd INE027H01010 | 1.88% |
| 17 | Yageo Corp TW0002327004 | 1.57% |
| 18 | Reliance Industries Ltd INE002A01018 | 1.56% |
| 19 | Tata Capital Ltd INE976I01016 | 1.55% |
| 20 | Tata Motors Ltd INE1TAE01010 | 1.53% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Franklin Asian Equity Fund hold?
Franklin Asian Equity Fund holds 60 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 25.78% of NAV.
What is the largest holding in Franklin Asian Equity Fund?
The largest position in Franklin Asian Equity Fund is Taiwan Semiconductor Manufacturing Co. Ltd, accounting for 8.98% of NAV in the IT - Hardware sector.
Is Franklin Asian Equity Fund a concentrated or diversified fund?
With a Gini coefficient of 0.350, Franklin Asian Equity Fund is well-diversified. The HHI concentration index is 26,346 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 25.78% of the portfolio.
What is the market cap allocation of Franklin Asian Equity Fund?
Based on SEBI's AMFI classification, Franklin Asian Equity Fund's equity portfolio is split as: Large Cap: 33.96%, Mid Cap: 6.55%, Small Cap: 0.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Franklin Asian Equity Fund invest in most?
Franklin Asian Equity Fund has the highest allocation to IT - Hardware (25.75%), Banks (8.65%), IT - Software (6.54%). The fund is invested across 29 sectors in total.
How actively managed is Franklin Asian Equity Fund compared to other Sectoral / Thematic funds?
Franklin Asian Equity Fund has an Active Share of 79.65%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Franklin Asian Equity Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Franklin Asian Equity Fund added 8 new stocks (including Oil & Natural Gas Corporation Ltd) and exited 2 stocks (including Samsung C&T Corp). Total holding count increased from 55 to 61 stocks.