Franklin India Technology Fund
The fund remains heavily concentrated in IT and telecom, with three-quarters of capital in its top ten holdings—a high-conviction bet on India's digital economy. The manager exited smaller fintech play Affle while trimming established IT services names, signaling a strategic shift toward larger-cap stability and higher cash buffers. This repositioning suggests cautious optimism: defending quality positions like Infosys and Airtel while preserving flexibility in an uncertain market.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹437.5770 | -4.45% | -12.86% | +13.48% | +10.07% |
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 | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Bharti Airtel Ltd INE397D01024 | 18.68% |
| 2 | Infosys Ltd INE009A01021 | 14.98% |
| 3 | Franklin Technology Fund, Class I (Acc) LU0626261944 | 7.17% |
| 4 | Eternal Ltd INE758T01015 | 6.78% |
| 5 | HCL Technologies Ltd INE860A01027 | 6.51% |
| 6 | Tata Consultancy Services Ltd INE467B01029 | 5.68% |
| 7 | PB Fintech Ltd INE417T01026 | 5.23% |
| 8 | Cognizant Technology Solutions Corp., A US1924461023 | 4.85% |
| 9 | Call, Cash & Other Assets Call, Cash & Other Assets | 3.92% |
| 10 | Meesho Ltd INE0VDM01015 | 2.84% |
| 11 | Amagi Media Labs Ltd INE121R01077 | 2.75% |
| 12 | Info Edge (India) Ltd INE663F01032 | 2.33% |
| 13 | Swiggy Ltd INE00H001014 | 2.21% |
| 14 | Makemytrip Ltd MU0295S00016 | 2.14% |
| 15 | Intellect Design Arena Ltd INE306R01017 | 2.04% |
| 16 | Alphabet Inc US02079K3059 | 2.02% |
| 17 | Zensar Technologies Ltd INE520A01027 | 2.00% |
| 18 | Mphasis Ltd INE356A01018 | 1.86% |
| 19 | Amazon.com INC US0231351067 | 1.25% |
| 20 | Apple Inc US0378331005 | 1.18% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Franklin India Technology Fund hold?
Franklin India Technology Fund holds 23 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 54.11% of NAV.
What is the largest holding in Franklin India Technology Fund?
The largest position in Franklin India Technology Fund is Bharti Airtel Ltd, accounting for 18.68% of NAV in the Telecom - Services sector.
Is Franklin India Technology Fund a concentrated or diversified fund?
With a Gini coefficient of 0.486, Franklin India Technology Fund is moderately concentrated. The HHI concentration index is 84,866 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 54.11% of the portfolio.
What is the market cap allocation of Franklin India Technology Fund?
Based on SEBI's AMFI classification, Franklin India Technology Fund's equity portfolio is split as: Large Cap: 52.62%, Mid Cap: 15.53%, Small Cap: 4.57%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Franklin India Technology Fund invest in most?
Franklin India Technology Fund has the highest allocation to IT - Software (38.67%), Telecom - Services (18.68%), Retailing (15.40%). The fund is invested across 8 sectors in total.
How actively managed is Franklin India Technology Fund compared to other Sectoral / Thematic funds?
Franklin India Technology Fund has an Active Share of 88.82%, 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 Technology Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Franklin India Technology Fund exited 1 stock (including Affle 3i Ltd). Total holding count decreased from 25 to 24 stocks.