Funds/Sectoral / Thematic/Franklin India Multi-Factor Fund

Franklin India Multi-Factor Fund

Franklin Templeton Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

Franklin India Multi-Factor Fund is heavily anchored in large-cap financial and energy sectors, with banking alone commanding over a fifth of assets and the top five names representing nearly a quarter of the portfolio. The manager's April moves—adding cyclicals like Bharat Electronics and Great Eastern Shipping while trimming Vedanta—suggest a subtle tilt toward industrials and a belief that defensive positioning is loosening. This concentration in mega-caps and established sectors indicates conviction in structural quality over diversification, though the narrow top-10 footprint leaves limited upside surprise potential.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Regular Growth	₹9.2970	-0.58%	-5.16%	—	—	—	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

23.44%

Top 10 Weight

35.09%

Active Share

—

Large Cap

74.42%

Gini

0.421

What Changed2026-03-31 → 2026-04-30

Holdings: 83 → 91+12 added−4 removed31 weight shifts ≥ 0.1%

Stock	Sector	Weight
Bharat Electronics Ltd	Aerospace & Defense	1.59%
Hitachi Energy India Ltd	Electrical Equipment	1.09%
REC Ltd	Finance	0.93%
Multi Commodity Exchange Of India Ltd	Capital Markets	0.79%
Great Eastern Shipping Co Ltd	Transport Services	0.77%
BSE Ltd	Capital Markets	0.61%
Bharat Forge Ltd	Auto Components	0.55%
Godrej Properties Ltd	Realty	0.50%
Malco Energy Ltd @	Power	0.26%
Talwandi Sabo Power Ltd @	Power	0.26%
Vedanta Aluminium Metal Ltd @	Metals & Minerals Trading	0.26%
Vedanta Iron And Steel Ltd @	Metals & Minerals Trading	0.26%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	HDFC Bank Ltd INE040A01034	Banks	EQUITY	6.44%
2	Reliance Industries Ltd INE002A01018	Petroleum Products	EQUITY	5.29%
3	ICICI Bank Ltd INE090A01021	Banks	EQUITY	4.81%
4	Bharti Airtel Ltd INE397D01024	Telecom - Services	EQUITY	3.77%
5	Larsen & Toubro Ltd INE018A01030	Construction	EQUITY	3.12%
6	Infosys Ltd INE009A01021	IT - Software	EQUITY	3.09%
7	State Bank of India INE062A01020	Banks	EQUITY	2.39%
8	Titan Co Ltd INE280A01028	Consumer Durables	EQUITY	2.06%
9	ITC Ltd INE154A01025	Diversified FMCG	EQUITY	2.06%
10	NTPC Ltd INE733E01010	Power	EQUITY	2.04%
11	Bharat Electronics Ltd INE263A01024	Aerospace & Defense	EQUITY	1.59%
12	Eicher Motors Ltd INE066A01021	Automobiles	EQUITY	1.56%
13	Tata Consultancy Services Ltd INE467B01029	IT - Software	EQUITY	1.53%
14	Nestle India Ltd INE239A01024	Food Products	EQUITY	1.51%
15	Sun Pharmaceutical Industries Ltd INE044A01036	Pharmaceuticals & Biotechnology	EQUITY	1.47%
16	Cummins India Ltd INE298A01020	Industrial Products	EQUITY	1.46%
17	Axis Bank Ltd INE238A01034	Banks	EQUITY	1.44%
18	HCL Technologies Ltd INE860A01027	IT - Software	EQUITY	1.35%
19	Britannia Industries Ltd INE216A01030	Food Products	EQUITY	1.34%
20	Hindalco Industries Ltd INE038A01020	Non - Ferrous Metals	EQUITY	1.33%

Sector Allocation

Banks22.1%

Petroleum Products7.8%

Automobiles6.3%

Finance6.3%

IT - Software6.0%

Pharmaceuticals & Biotechnology5.8%

Telecom - Services4.7%

Power4.3%

Construction3.1%

Non - Ferrous Metals2.9%

Top 10 sectors by % to NAV. Excludes derivatives.