Franklin India Arbitrage Fund Direct-Growth
Hybrid: Arbitrage - Growth (Open ended) Factsheet
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.
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%↓ |
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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.