Franklin India Opportunities Fund
The manager has significantly raised cash to 10.4% while rotating heavily into defensively positioned financials and industrial stocks, signaling caution about near-term market conditions. The notable additions to HAL and trimming of auto and insurance exposure suggest conviction in aerospace-defense growth prospects amid geopolitical tailwinds, while the broad exit from established names like Bharti Airtel and M&M indicates skepticism on traditional cyclicals. This conservative posturing with elevated cash reserves suggests the manager sees better entry points ahead.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹245.9772 | -0.81% | -0.58% | +23.97% | +19.78% |
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 |
|---|---|
| 364 DTB (04-Jun-2026) $~~ | 0.29% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Call, Cash & Other Assets Call, Cash & Other Assets | 10.37% |
| 2 | Reliance Industries Ltd INE002A01018 | 5.15% |
| 3 | Hindustan Aeronautics Ltd INE066F01020 | 4.94% |
| 4 | Shriram Finance Ltd INE721A01047 | 4.07% |
| 5 | Axis Bank Ltd INE238A01034 | 3.88% |
| 6 | Amphenol Corp US0320951017 | 3.84% |
| 7 | State Bank of India INE062A01020 | 3.72% |
| 8 | APL Apollo Tubes Ltd INE702C01027 | 3.71% |
| 9 | NTPC Ltd INE733E01010 | 3.50% |
| 10 | Mankind Pharma Ltd INE634S01028 | 3.24% |
| 11 | AIA Engineering Ltd INE212H01026 | 2.63% |
| 12 | Kirloskar Oil Engines Ltd INE146L01010 | 2.56% |
| 13 | Eternal Ltd INE758T01015 | 2.44% |
| 14 | Amber Enterprises India Ltd INE371P01015 | 2.38% |
| 15 | Syrma SGS Technology Ltd INE0DYJ01015 | 2.28% |
| 16 | PB Fintech Ltd INE417T01026 | 2.12% |
| 17 | IDFC First Bank Ltd INE092T01019 | 2.11% |
| 18 | PG Electroplast Ltd INE457L01029 | 1.92% |
| 19 | Aster DM Healthcare Ltd INE914M01019 | 1.88% |
| 20 | Tata Motors Passenger Vehicles Ltd INE155A01022 | 1.81% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Franklin India Opportunities Fund hold?
Franklin India Opportunities Fund holds 46 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 21.87% of NAV.
What is the largest holding in Franklin India Opportunities Fund?
The largest position in Franklin India Opportunities Fund is Call, Cash & Other Assets, accounting for 10.37% of NAV.
Is Franklin India Opportunities Fund a concentrated or diversified fund?
With a Gini coefficient of 0.325, Franklin India Opportunities Fund is well-diversified. The HHI concentration index is 23,808 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 21.87% of the portfolio.
What is the market cap allocation of Franklin India Opportunities Fund?
Based on SEBI's AMFI classification, Franklin India Opportunities Fund's equity portfolio is split as: Large Cap: 37.35%, Mid Cap: 16.06%, Small Cap: 32.09%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Franklin India Opportunities Fund invest in most?
Franklin India Opportunities Fund has the highest allocation to Banks (12.46%), Industrial Products (11.31%), Pharmaceuticals & Biotechnology (7.94%). The fund is invested across 23 sectors in total.
How actively managed is Franklin India Opportunities Fund compared to other Sectoral / Thematic funds?
Franklin India Opportunities Fund has an Active Share of 77.52%, 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 India Opportunities Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Franklin India Opportunities Fund added 1 new stock (including 364 DTB (04-Jun-2026) $~~) and exited 9 stocks (including Oil & Natural Gas Corporation Ltd). Total holding count decreased from 55 to 47 stocks.