Franklin Build India Fund
The Franklin Build India Fund remains heavily tilted toward infrastructure and capex-intensive sectors—power, construction, and industrials account for over a third of the portfolio—reflecting conviction that India's development trajectory will drive demand for these businesses. The manager added Suzlon Energy while exiting ABB India, signaling a shift toward renewable energy plays within the infrastructure theme. With 53% concentrated in just ten holdings and cash near 6%, the fund is aggressively positioned but retains flexibility, though this concentration demands comfort with large-cap execution risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹167.1711 | +0.88% | -1.69% | -0.49% | +7.32% | +25.72% | +24.43% |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Suzlon Energy Ltd | 0.99% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Larsen & Toubro Ltd INE018A01030 | 7.49% |
| 2 | Oil & Natural Gas Corporation Ltd INE213A01029 | 6.36% |
| 3 | Reliance Industries Ltd INE002A01018 | 5.79% |
| 4 | NTPC Ltd INE733E01010 | 5.71% |
| 5 | Call, Cash & Other Assets Call, Cash & Other Assets | 5.69% |
| 6 | Interglobe Aviation Ltd INE646L01027 | 5.61% |
| 7 | Power Grid Corporation of India Ltd INE752E01010 | 4.31% |
| 8 | Bharti Airtel Ltd INE397D01024 | 4.17% |
| 9 | Axis Bank Ltd INE238A01034 | 3.95% |
| 10 | HDFC Bank Ltd INE040A01034 | 3.90% |
| 11 | REC Ltd INE020B01018 | 3.10% |
| 12 | Tata Power Co Ltd INE245A01021 | 3.04% |
| 13 | State Bank of India INE062A01020 | 2.83% |
| 14 | Delhivery Ltd INE148O01028 | 2.62% |
| 15 | Tata Steel Ltd INE081A01020 | 2.60% |
| 16 | Sobha Ltd INE671H01015 | 2.44% |
| 17 | Kirloskar Oil Engines Ltd INE146L01010 | 2.14% |
| 18 | KEI Industries Ltd INE878B01027 | 2.12% |
| 19 | APL Apollo Tubes Ltd INE702C01027 | 1.99% |
| 20 | Hindustan Aeronautics Ltd INE066F01020 | 1.92% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.