Franklin India Small Cap Fund
Franklin Templeton Mutual Fund·Small Cap Fund·vs Nifty Smallcap 250 TRI
The fund maintains a balanced small-cap approach with meaningful financial services exposure, particularly banks, while diversifying across capital goods and consumer discretionary sectors. The manager is actively rotating the portfolio, trimming IT and software positions while adding selective industrial plays like Ajax Engineering, suggesting confidence in domestic capex cycles over tech. Modest cash reserves and concentrated top-10 positioning indicate conviction-driven stock selection rather than passive tracking.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹168.8428 | +5.85% | +3.52% | -1.12% | +1.78% | +17.73% | +19.45% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
87
Top 5 Weight
11.66%
Top 10 Weight
21.66%
Active Share
—
Large Cap
6.50%
Gini
0.282
What Changed2026-03-31 → 2026-04-30
Holdings: 92 → 88+2 added−6 removed38 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Ajax Engineering Ltd | 0.20% |
| 364 DTB (04-Jun-2026) $~~ | 0.18% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Call, Cash & Other Assets Call, Cash & Other Assets | 5.03% |
| 2 | Syrma SGS Technology Ltd INE0DYJ01015 | 2.45% |
| 3 | MTAR Technologies Ltd INE864I01014 | 2.41% |
| 4 | Equitas Small Finance Bank Ltd INE063P01018 | 2.32% |
| 5 | Kajaria Ceramics Ltd INE217B01036 | 2.27% |
| 6 | Brigade Enterprises Ltd INE791I01019 | 2.21% |
| 7 | Eris Lifesciences Ltd INE406M01024 | 2.13% |
| 8 | PNB Housing Finance Ltd INE572E01012 | 2.05% |
| 9 | Kirloskar Oil Engines Ltd INE146L01010 | 2.01% |
| 10 | Aster DM Healthcare Ltd INE914M01019 | 1.99% |
| 11 | CESC Ltd INE486A01021 | 1.81% |
| 12 | Angel One Ltd INE732I01021 | 1.81% |
| 13 | Deepak Nitrite Ltd INE288B01029 | 1.74% |
| 14 | DCB Bank Ltd INE503A01015 | 1.64% |
| 15 | Crompton Greaves Consumer Electricals Ltd INE299U01018 | 1.58% |
| 16 | Sobha Ltd INE671H01015 | 1.57% |
| 17 | Zensar Technologies Ltd INE520A01027 | 1.55% |
| 18 | Data Patterns India Ltd INE0IX101010 | 1.54% |
| 19 | CCL Products (India) Ltd INE421D01022 | 1.51% |
| 20 | MedPlus Health Services Ltd INE804L01022 | 1.49% |
Sector Allocation
Banks12.1%
Auto Components8.7%
Consumer Durables8.3%
Industrial Products6.7%
Chemicals & Petrochemicals5.9%
Retailing4.5%
IT - Software4.0%
Pharmaceuticals & Biotechnology4.0%
Electrical Equipment4.0%
Healthcare Services3.9%
Top 10 sectors by % to NAV. Excludes derivatives.