Franklin Asian Equity Fund
Franklin Templeton Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹43.7068 | +14.29% | +12.59% | +26.05% | +47.86% | +20.74% | +7.38% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
60
Top 5 Weight
25.78%
Top 10 Weight
37.87%
Active Share
—
Large Cap
33.96%
Gini
0.350
What Changed2026-03-31 → 2026-04-30
Holdings: 55 → 61+8 added−2 removed46 weight shifts ≥ 0.1%
| 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
IT - Hardware25.8%
Banks8.7%
IT - Software6.5%
Retailing6.2%
Auto Components5.4%
Realty5.0%
Automobiles4.7%
Pharmaceuticals & Biotechnology4.4%
Finance3.1%
Construction2.6%
Top 10 sectors by % to NAV. Excludes derivatives.