Loading…
Franklin India Flexi Cap Fund
Disclosed for 9 months, Jan 2026 to Sep 2026.Published as: Franklin India Flexi Cap Fund ( Formerly known as Franklin India Equity Fund)
Portfolio value
₹18,188 Cr
down ₹1,197 Cr vs Aug 2026
- Stocks held
- 57
- unchanged
- Top 10 weight
- 39.9%
- of the portfolio in its ten largest
- Cash & debt
- 5.3%
- cash, money market and debt
- Moves this month
- 2 in · 2 out
- added to 6, trimmed 47
Franklin India Flexi Cap Fund is an active equity fund in the Flexi Cap category from Franklin Templeton Mutual Fund. In September 2026 it disclosed 57 stocks worth ₹18,188 Cr, down ₹1,197 Cr from Aug 2026. Its largest positions were ICICI Bank Limited (6.5%), Axis Bank Limited (5.3%), HDFC Bank Limited (5.2%); the ten largest together made up 39.9% of the portfolio, and Banks was the biggest sector at 24.8% of its equity. Cash and debt stood at 5.3%. Compared with Aug 2026 the fund entered 2 new stocks and exited 2.
Against 43 other Flexi Cap funds
Concentration
72%
Top-10 weight is higher than 72% of peers
Breadth
35%
Holds more stocks than 35% of peers
Cash
74%
Holds more cash than 74% of peers
What these mean: concentration · cash
Holdings in September 2026
Download CSVEvery line the fund disclosed, with the change against Aug 2026. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 6.46% | down 0.21 pts | ₹1,175 Cr | down ₹118 Cr | Trimmed |
| Axis Bank Limited | 5.27% | up 0.03 pts | ₹959 Cr | down ₹57.9 Cr | Trimmed |
| HDFC Bank Limited | 5.24% | down 0.97 pts | ₹953 Cr | down ₹250 Cr | Trimmed |
| Cash, TREPS & receivables | 4.85% | up 0.40 pts | ₹883 Cr | up ₹19.8 Cr | Added |
| Larsen & Toubro Limited | 3.82% | down 0.04 pts | ₹695 Cr | down ₹52.7 Cr | Trimmed |
| State Bank of India | 3.43% | down 0.13 pts | ₹624 Cr | down ₹65.4 Cr | Trimmed |
| Bharti Airtel Limited | 3.32% | up 0.15 pts | ₹603 Cr | down ₹9.8 Cr | Trimmed |
| Eternal Limited | 3.20% | up 0.12 pts | ₹582 Cr | down ₹14.7 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 3.12% | down 0.10 pts | ₹567 Cr | down ₹56.4 Cr | Trimmed |
| Mahindra & Mahindra Limited | 3.09% | down 0.14 pts | ₹561 Cr | down ₹63.2 Cr | Trimmed |
| Reliance Industries Limited | 2.93% | down 0.03 pts | ₹533 Cr | down ₹40.4 Cr | Trimmed |
| Infosys Limited | 2.54% | down 0.18 pts | ₹462 Cr | down ₹64.9 Cr | Trimmed |
| Apollo Hospitals Enterprise Limited | 2.52% | down 0.06 pts | ₹459 Cr | down ₹41.2 Cr | Trimmed |
| Kirloskar Oil Engines Limited | 2.34% | down 0.07 pts | ₹426 Cr | down ₹41.9 Cr | Trimmed |
| Marico Limited | 2.07% | up 0.04 pts | ₹377 Cr | down ₹16.3 Cr | Trimmed |
| Bharat Electronics Limited | 2.02% | down <0.01 pts | ₹368 Cr | down ₹24.8 Cr | Trimmed |
| HCL Technologies Limited | 2.00% | down 0.29 pts | ₹363 Cr | down ₹80.9 Cr | Trimmed |
| Tata Steel Limited | 1.99% | up 0.12 pts | ₹363 Cr | down ₹10 L | Held |
| Cipla Limited | 1.92% | up 0.03 pts | ₹349 Cr | down ₹16.4 Cr | Trimmed |
| Tata Power Company Limited | 1.90% | up 0.18 pts | ₹346 Cr | up ₹11.6 Cr | Added |
| Hindustan Aeronautics Limited | 1.83% | up 0.06 pts | ₹333 Cr | down ₹9.5 Cr | Trimmed |
| InterGlobe Aviation Limited | 1.81% | up 0.03 pts | ₹330 Cr | down ₹16.5 Cr | Trimmed |
| NTPC Limited | 1.73% | up 0.08 pts | ₹314 Cr | down ₹4.5 Cr | Trimmed |
| Britannia Industries Limited | 1.58% | up 0.02 pts | ₹287 Cr | down ₹16 Cr | Trimmed |
| Grasim Industries Limited | 1.53% | down 0.05 pts | ₹278 Cr | down ₹28.1 Cr | Trimmed |
| UltraTech Cement Limited | 1.40% | up 0.03 pts | ₹255 Cr | down ₹11.5 Cr | Trimmed |
| Ashok Leyland Limited | 1.38% | down 0.10 pts | ₹252 Cr | down ₹35 Cr | Trimmed |
| Tube Investments of India Limited | 1.34% | down 0.13 pts | ₹243 Cr | down ₹41.5 Cr | Trimmed |
| Trent Limited | 1.31% | down 0.04 pts | ₹238 Cr | down ₹23.4 Cr | Trimmed |
| Hindalco Industries Limited | 1.26% | up 0.08 pts | ₹228 Cr | down ₹9 L | Held |
| Pine Labs Limited | 1.23% | up 0.13 pts | ₹224 Cr | up ₹10.1 Cr | Added |
| 360 One WAM Limited | 1.22% | up 0.14 pts | ₹222 Cr | up ₹12.8 Cr | Added |
| Tata Capital Limited | 1.22% | up 0.09 pts | ₹222 Cr | up ₹3 Cr | Added |
| Meesho Ltd | 1.21% | up 1.21 pts | ₹220 Cr | up ₹220 Cr | New |
| Bharat Petroleum Corporation Limited | 1.17% | down <0.01 pts | ₹212 Cr | down ₹14.6 Cr | Trimmed |
| Prestige Estates Projects Limited | 1.10% | up 0.01 pts | ₹200 Cr | down ₹10.4 Cr | Trimmed |
| Asian Paints Limited | 1.06% | down 0.04 pts | ₹194 Cr | down ₹20.2 Cr | Trimmed |
| Exide Industries Limited | 1.05% | down <0.01 pts | ₹190 Cr | down ₹12.8 Cr | Trimmed |
| Havells India Limited | 1.01% | down 0.03 pts | ₹184 Cr | down ₹17.8 Cr | Trimmed |
| United Spirits Limited | 0.95% | down 0.03 pts | ₹173 Cr | down ₹17.3 Cr | Trimmed |
| Eris Lifesciences Limited | 0.93% | down 0.01 pts | ₹169 Cr | down ₹13.9 Cr | Trimmed |
| Kalyan Jewellers India Limited | 0.92% | down 0.02 pts | ₹168 Cr | down ₹14.5 Cr | Trimmed |
| GE Vernova T&D India Limited | 0.81% | up 0.01 pts | ₹147 Cr | down ₹8.6 Cr | Trimmed |
| PG Electroplast Limited | 0.71% | down 0.07 pts | ₹129 Cr | down ₹22.8 Cr | Trimmed |
| Shaily Engineering Plastics Limited | 0.65% | up 0.05 pts | ₹119 Cr | up ₹1.1 Cr | Added |
| MedPlus Health Services Limited | 0.62% | up 0.02 pts | ₹112 Cr | down ₹3 Cr | Trimmed |
| SBFC Finance Limited | 0.61% | up 0.24 pts | ₹110 Cr | up ₹38.7 Cr | Added |
| CESC Limited | 0.52% | down 0.01 pts | ₹94.2 Cr | down ₹8.7 Cr | Trimmed |
| PB Fintech Limited | 0.51% | down 0.83 pts | ₹93.1 Cr | down ₹168 Cr | Trimmed |
| Divi's Laboratories Limited | 0.51% | up 0.51 pts | ₹92.9 Cr | up ₹92.9 Cr | New |
What changed, Aug 2026 to Sep 2026
New New positions (2)
- Meesho Ltd1.2% · ₹220 Cr
- Divi's Laboratories Limited0.5% · ₹92.9 Cr
Exited Exited (2)
- Billionbrains Garage Ventures Ltdwas 0.3% · ₹59.8 Cr
- HDFC Life Insurance Company Limitedwas <0.1% · ₹70 L
Added Biggest additions
- SBFC Finance Limitedup ₹38.7 Cr (+0.24% pts)
- 360 One WAM Limitedup ₹12.8 Cr (+0.14% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Aug 2026, the weight rose most in Retailing (+1.4 pts) and Pharmaceuticals & Biotechnology (+0.6 pts), and fell most in Banks (−1.3 pts) and Financial Technology (fintech) (−0.7 pts).
- Retailing5.3% → 6.7%+1.4 pts
- Pharmaceuticals & Biotechnology3.0% → 3.5%+0.6 pts
- Finance1.6% → 1.9%+0.4 pts
- Power4.1% → 4.4%+0.3 pts
- Telecom - Services3.3% → 3.5%+0.2 pts
- Ferrous Metals2.0% → 2.1%+0.1 pts
- Banks26.1% → 24.8%−1.3 pts
- Financial Technology (fintech)2.9% → 2.2%−0.7 pts
- IT - Software5.8% → 5.3%−0.5 pts
- Capital Markets1.5% → 1.3%−0.2 pts
- Auto Components2.6% → 2.5%−0.1 pts
- Automobiles3.4% → 3.3%−0.1 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Mar 2026 | Jun 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|
| Banks | 27.2% | 27.4% | 26.1% | 24.8% |
| Retailing | 4.5% | 5.1% | 5.3% | 6.7% |
| IT - Software | 7.1% | 5.4% | 5.8% | 5.3% |
| Consumer Durables | 1.7% | 3.0% | 4.7% | 4.6% |
| Power | 5.1% | 4.6% | 4.1% | 4.4% |
| Petroleum Products | 3.6% | 4.2% | 4.3% | 4.3% |
| Aerospace & Defense | 2.7% | 3.3% | 4.0% | 4.1% |
| Construction | 4.5% | 4.2% | 4.0% | 4.0% |
| Pharmaceuticals & Biotechnology | 2.5% | 2.7% | 3.0% | 3.5% |
| Telecom - Services | 3.9% | 3.4% | 3.3% | 3.5% |
Allocation in Sep 2026change vs Aug 2026
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Sep 2026
5.3%
▲ 0.6 pts vs Aug 2026
- Cash alone
- 4.9%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 4.4% – 5.5%
- lowest to highest · record 5.5% in Apr 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.