Franklin India Multi-Factor Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹9.3978 | -1.13% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive 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 |
|---|---|
| Bharat Electronics Ltd | 1.59% |
| Hitachi Energy India Ltd | 1.09% |
| REC Ltd | 0.93% |
| Multi Commodity Exchange Of India Ltd | 0.79% |
| Great Eastern Shipping Co Ltd | 0.77% |
| BSE Ltd | 0.61% |
| Bharat Forge Ltd | 0.55% |
| Godrej Properties Ltd | 0.50% |
| Malco Energy Ltd @ | 0.26% |
| Talwandi Sabo Power Ltd @ | 0.26% |
| Vedanta Aluminium Metal Ltd @ | 0.26% |
| Vedanta Iron And Steel Ltd @ | 0.26% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 6.44% |
| 2 | Reliance Industries Ltd INE002A01018 | 5.29% |
| 3 | ICICI Bank Ltd INE090A01021 | 4.81% |
| 4 | Bharti Airtel Ltd INE397D01024 | 3.77% |
| 5 | Larsen & Toubro Ltd INE018A01030 | 3.12% |
| 6 | Infosys Ltd INE009A01021 | 3.09% |
| 7 | State Bank of India INE062A01020 | 2.39% |
| 8 | Titan Co Ltd INE280A01028 | 2.06% |
| 9 | ITC Ltd INE154A01025 | 2.06% |
| 10 | NTPC Ltd INE733E01010 | 2.04% |
| 11 | Bharat Electronics Ltd INE263A01024 | 1.59% |
| 12 | Eicher Motors Ltd INE066A01021 | 1.56% |
| 13 | Tata Consultancy Services Ltd INE467B01029 | 1.53% |
| 14 | Nestle India Ltd INE239A01024 | 1.51% |
| 15 | Sun Pharmaceutical Industries Ltd INE044A01036 | 1.47% |
| 16 | Cummins India Ltd INE298A01020 | 1.46% |
| 17 | Axis Bank Ltd INE238A01034 | 1.44% |
| 18 | HCL Technologies Ltd INE860A01027 | 1.35% |
| 19 | Britannia Industries Ltd INE216A01030 | 1.34% |
| 20 | Hindalco Industries Ltd INE038A01020 | 1.33% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Franklin India Multi-Factor Fund hold?
Franklin India Multi-Factor Fund holds 90 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 23.44% of NAV.
What is the largest holding in Franklin India Multi-Factor Fund?
The largest position in Franklin India Multi-Factor Fund is HDFC Bank Ltd, accounting for 6.44% of NAV in the Banks sector.
Is Franklin India Multi-Factor Fund a concentrated or diversified fund?
With a Gini coefficient of 0.421, Franklin India Multi-Factor Fund is well-diversified. The HHI concentration index is 20,966 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 23.44% of the portfolio.
What is the market cap allocation of Franklin India Multi-Factor Fund?
Based on SEBI's AMFI classification, Franklin India Multi-Factor Fund's equity portfolio is split as: Large Cap: 74.42%, Mid Cap: 17.72%, Small Cap: 4.35%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Franklin India Multi-Factor Fund invest in most?
Franklin India Multi-Factor Fund has the highest allocation to Banks (22.10%), Petroleum Products (7.81%), Automobiles (6.35%). The fund is invested across 33 sectors in total.
How actively managed is Franklin India Multi-Factor Fund compared to other Sectoral / Thematic funds?
Franklin India Multi-Factor Fund has an Active Share of 60.41%, classifying it as "Active Stock Picker" among 237 Sectoral / Thematic peers. This indicates a moderate level of differentiation from category peers.
What changed in Franklin India Multi-Factor Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Franklin India Multi-Factor Fund added 12 new stocks (including Bharat Electronics Ltd) and exited 4 stocks (including Redington Ltd). Total holding count increased from 83 to 91 stocks.