Franklin India Technology Fund
Franklin Templeton Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹433.7652 | -2.52% | -8.94% | -16.75% | -12.92% | +13.55% | +9.88% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
23
Top 5 Weight
54.11%
Top 10 Weight
75.46%
Active Share
—
Large Cap
52.62%
Gini
0.486
What Changed2026-03-31 → 2026-04-30
Holdings: 25 → 24+0 added−1 removed15 weight shifts ≥ 0.1%
| 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
IT - Software38.7%
Telecom - Services18.7%
Retailing15.4%
IT - Services7.6%
Foreign Mutual Fund7.2%
Financial Technology (Fintech)5.2%
Leisure Services2.1%
IT - Hardware1.2%
Top 10 sectors by % to NAV. Excludes derivatives.