mutual funds franklin india arbitrage fund directgrowth

holdings

Franklin India Arbitrage Fund Direct-Growth

Hybrid: Arbitrage - Growth (Open ended)

Franklin India Arbitrage Fund Direct-GrowthNAV: 11.19 as on 07 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: LowCategory: Hybrid: ArbitrageBenchmark: NIFTY 50 Arbitrage Total Return Index

NAV: ₹11.19-0.02%

08 Jul 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for Franklin India Arbitrage Fund Direct-Growth.

Asset Allocation

As on 31 May 2026

Others

72.30%

Debt

28.34%

Market Cap Distribution

Large Cap (74.8%)

Mid Cap (21.9%)

Small Cap (3.4%)

Historical Asset Allocation

Asset	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Equity	-0.64%	-0.41%	-0.41%	0.87%	-1.04%	-1.73%
Debt	28.34%	26.66%	35.23%	25.05%	23.71%	24.08%
Others (incl. cash)	72.30%	73.75%	65.18%	74.08%	77.33%	77.65%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Portfolio Snapshot

No. of Securities

122

P/E Ratio

23.56

P/B Ratio

2.62

Top Holding %

69.46%

Top 5 Holdings %

96.45%

Top 10 Holdings %

112.66%

Modified Duration

0.59 yrs

Avg. Maturity

0.67 yrs

Yield to Maturity

7.67%

AUM

₹1,380 Cr

Expense Ratio

1.20%

Since Inception

7.12%

Max Drawdown

-0.00%

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
HDFC Bank Ltd.	Financial	11,61,300	86.46	6.26%	1.62%↑
ICICI Bank Ltd.	Financial	6,17,400	77.57	5.62%	1.35%↑
Reliance Industries Ltd.	Energy	5,10,000	67.38	4.88%	0.60%↑
Vodafone Idea Ltd.	Communication	3,10,91,625	43.5	3.15%	0.52%↑
Axis Bank Ltd.	Financial	3,01,875	38.84	2.81%	0.72%↑
IDFC First Bank Ltd.	Financial	49,71,400	35.46	2.57%	1.69%↑
Hindalco Industries Ltd.	Metals & Mining	2,46,400	27.76	2.01%	1.64%↑
Adani Enterprises Ltd.	Services	92,391	27.14	1.97%	0.24%↑
Bharti Airtel Ltd.	Communication	1,44,875	26.5	1.92%	-0.26%↓
Bharat Electronics Ltd.	Capital Goods	5,94,225	24.41	1.77%	-0.33%↓
Eternal Ltd.	Services	9,43,325	23.64	1.71%	-0.41%↓
Larsen & Toubro Ltd.	Construction	56,000	22.83	1.65%	-0.81%↓
Sun Pharmaceutical Industries Ltd.	Healthcare	1,23,900	22.29	1.61%	-0.65%↓
State Bank of India	Financial	2,28,000	21.99	1.59%	-0.55%↓
FSN E-Commerce Ventures Ltd.	Services	7,56,250	19.84	1.44%	1.05%↑
Tata Power Company Ltd.	Energy	4,06,000	17.08	1.24%	-0.28%↓
Oil And Natural Gas Corporation Ltd.	Energy	6,27,750	16.66	1.21%	0.11%↑
Punjab National Bank	Financial	14,64,000	15.53	1.12%	-0.22%↓
One97 Communications Ltd.	Services	1,32,675	14.84	1.08%	-0.15%↓
Mahindra & Mahindra Ltd.	Automobile	42,200	12.85	0.93%	-0.82%↓

1 / 6

Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	30 Apr 2026	28 Feb 2026	31 Jul 2025	30 Jun 2025	30 Apr 2025	31 Jan 2025
Technology	0.00%	-	-	-	-	-
Communication	-	1.58%	-	-	-	-
Metals & Mining	-	-	0.00%	-	-	-
Automobile	-	-	-	0.00%	-	-
Chemicals	-	-	-	0.00%	-	-
Capital Goods	-	-	-	-	0.00%	-
Consumer Staples	-	-	-	-	-	0.01%

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
Cash	67.23%	50.44%
A1+	26.75%	16.01%
Cash & Call Money	3.23%	27.62%
AA	1.55%	0.18%
Others	0.98%	0.06%
AAA	0.75%	1.42%
SOV	0.15%	4.53%
AA+	-	0.29%
AA-	-	0.01%

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
Kotak Mahindra Bank Ltd.	Certificate of Deposit	0.00%	05/03/2027	CRISIL A1+	3.42%
Union Bank of India	Commercial Paper	0.00%	16/03/2027	ICRA A1+	3.41%
National Bank For Agriculture & Rural Development	Certificate of Deposit	0.00%	17/03/2027	CRISIL A1+	3.41%
Credila Financial Services Ltd.	Commercial Paper	0.00%	364-D 01/03/2027	CRISIL A1+	2.72%
HDFC Bank Ltd.	Certificate of Deposit	0.00%	24/02/2027	CARE A1+	1.71%
Bank Of Baroda	Certificate of Deposit	0.00%	25/11/2026	CARE A1+	1.40%
Others	Margin Money	0.00%	0	-	0.96%
Jubilant Beverages Ltd.	Debenture	0.00%	31/05/2028	CRISIL AA	0.86%
Poonawalla Fincorp Ltd.	Non Convertible Debenture	7.65%	21/04/2027	CRISIL AAA	0.72%
Muthoot Finance Ltd.	Commercial Paper	0.00%	311-D 11/09/2026	ICRA A1+	0.71%
Jubilant Bevco Ltd.	Debenture	0.00%	31/05/2028	CRISIL AA	0.69%
Union Bank of India	Certificate of Deposit	0.00%	0	ICRA A1+	0.68%

Frequently Asked Questions

What are the top holdings of Franklin India Arbitrage Fund Direct-Growth?

The top holdings of Franklin India Arbitrage Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.

How many stocks does Franklin India Arbitrage Fund Direct-Growth hold in its portfolio?

Franklin India Arbitrage Fund Direct-Growth holds 122 securities in its portfolio. The top 5 holdings account for 96.45% of the portfolio and the top 10 for 112.66% — a well-diversified portfolio that minimises stock-specific risk.

What is the sector allocation of Franklin India Arbitrage Fund Direct-Growth?

The sector allocation of Franklin India Arbitrage Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.

What is the equity and debt allocation of Franklin India Arbitrage Fund Direct-Growth?

As of 31 May 2026, Franklin India Arbitrage Fund Direct-Growth has -0.64% in equity, 28.34% in debt and 72.30% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.67%.

What is the market cap allocation of Franklin India Arbitrage Fund Direct-Growth?

Franklin India Arbitrage Fund Direct-Growth's equity portfolio — Large Cap: 74.76%, Mid Cap: 21.86%, Small Cap: 3.38%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.

Is Franklin India Arbitrage Fund Direct-Growth a concentrated or diversified fund?

Franklin India Arbitrage Fund Direct-Growth holds 122 securities, with the top 10 accounting for 112.66% of the portfolio and the top 5 for 96.45%. With 122 holdings, this is a well-diversified fund — stock-specific risk is limited.

What is the credit quality of Franklin India Arbitrage Fund Direct-Growth?

The debt holdings of Franklin India Arbitrage Fund Direct-Growth are rated as follows — Cash: 67.23%, A1+: 26.75%, Cash & Call Money: 3.23%, AA: 1.55%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.

How often does Franklin India Arbitrage Fund Direct-Growth change its portfolio?

The portfolio currently holds 122 securities with the top 10 accounting for 112.66% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.

What is the PE ratio of Franklin India Arbitrage Fund Direct-Growth's portfolio?

The weighted average PE ratio of Franklin India Arbitrage Fund Direct-Growth's portfolio is 23.56 and the PB ratio is 2.62. The debt portfolio has a modified duration of 0.59 years and an average maturity of 0.67 years. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.

When is the latest portfolio disclosure for Franklin India Arbitrage Fund Direct-Growth?

The latest portfolio disclosure for Franklin India Arbitrage Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.

Loading…

Asset

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

31 Jan 2026

31 Dec 2025

Equity

-0.64%

-0.41%

0.87%

-1.04%

-1.73%

Debt

28.34%

26.66%

35.23%

25.05%

23.71%

24.08%

Others (incl. cash)

72.30%

73.75%

65.18%

74.08%

77.33%

77.65%

Commodities

0.00%

Real Estate

0.00%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

HDFC Bank Ltd.

Financial

11,61,300

86.46

6.26%

1.62%↑

ICICI Bank Ltd.

Financial

6,17,400

77.57

5.62%

1.35%↑

Reliance Industries Ltd.

Energy

5,10,000

67.38

4.88%

0.60%↑

Vodafone Idea Ltd.

Communication

3,10,91,625

43.5

3.15%

0.52%↑

Axis Bank Ltd.

Financial

3,01,875

38.84

2.81%

0.72%↑

IDFC First Bank Ltd.

Financial

49,71,400

35.46

2.57%

1.69%↑

Hindalco Industries Ltd.

Metals & Mining

2,46,400

27.76

2.01%

1.64%↑

Adani Enterprises Ltd.

Services

92,391

27.14

1.97%

0.24%↑

Bharti Airtel Ltd.

Communication

1,44,875

26.5

1.92%

-0.26%↓

Bharat Electronics Ltd.

Capital Goods

5,94,225

24.41

1.77%

-0.33%↓

Eternal Ltd.

Services

9,43,325

23.64

1.71%

-0.41%↓

Larsen & Toubro Ltd.

Construction

56,000

22.83

1.65%

-0.81%↓

Sun Pharmaceutical Industries Ltd.

Healthcare

1,23,900

22.29

1.61%

-0.65%↓

State Bank of India

Financial

2,28,000

21.99

1.59%

-0.55%↓

FSN E-Commerce Ventures Ltd.

Services

7,56,250

19.84

1.44%

1.05%↑

Tata Power Company Ltd.

Energy

4,06,000

17.08

1.24%

-0.28%↓

Oil And Natural Gas Corporation Ltd.

Energy

6,27,750

16.66

1.21%

0.11%↑

Punjab National Bank

Financial

14,64,000

15.53

1.12%

-0.22%↓

One97 Communications Ltd.

Services

1,32,675

14.84

1.08%

-0.15%↓

Mahindra & Mahindra Ltd.

Automobile

42,200

12.85

0.93%

-0.82%↓

Sector

30 Apr 2026

28 Feb 2026

31 Jul 2025

30 Jun 2025

30 Apr 2025

31 Jan 2025

Technology

0.00%

Communication

1.58%

Metals & Mining

0.00%

Automobile

0.00%

Chemicals

0.00%

Capital Goods

0.00%

Consumer Staples

0.01%

Rating

Fund