Franklin India Arbitrage Fund holds 146 instruments (71.34% equity), led by ICICI Bank Limited (6.04%), HDFC Bank Limited (5.79%) and Reliance Industries Limited (4.13%), as of its 30 September 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Franklin India Arbitrage Fund, managed by Franklin Templeton Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 146 instruments with an equity allocation of 71.34%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Franklin India Arbitrage Fund's top 10 holdings account for 31.89% of its portfolio, more concentrated than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 31.02% of net assets, spread across 12 sectors in total. Since its 31 August 2026 disclosure, the fund added 11 new positions and exited 11 positions, with ICICI Bank Limited seeing the largest move (+1.14pp to 6.04%).
Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.
Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Stock | Weight | Change |
|---|---|---|
| ICICI Bank Limited | 4.9% → 6.04% | ▲ +1.14 |
| IndusInd Bank Limited | 0.19% → 1.22% | ▲ +1.03 |
| UPL Limited | 0.2% → 1% | ▲ +0.8 |
| Reliance Industries Limited | 3.35% → 4.13% | ▲ +0.78 |
| Larsen & Toubro Limited | 1.21% → 1.88% | ▲ +0.67 |
| PB Fintech Limited | 0.31% → 0.98% | ▲ +0.67 |
| ETERNAL LIMITED | 0.03% → 0.54% | ▲ +0.51 |
| Marico Limited | 0.48% → 0.95% | ▲ +0.47 |
| TVS Motor Company Limited | 0.3% → 0.6% | ▲ +0.3 |
| Mahindra & Mahindra Limited | 0.62% → 0.92% | ▲ +0.3 |
| Stock | Weight | Change |
|---|---|---|
| ICICI Lombard General Insurance Company Limited | 0.78% → 0.02% | ▼ -0.76 |
| One 97 Communications Limited | 1.26% → 0.52% | ▼ -0.74 |
| FSN E-Commerce Ventures Limited | 1.85% → 1.16% | ▼ -0.69 |
| Angel One Limited | 0.71% → 0.17% | ▼ -0.54 |
| HDFC Bank Limited | 6.27% → 5.79% | ▼ -0.48 |
| Punjab National Bank | 0.88% → 0.41% | ▼ -0.47 |
| Vodafone Idea Limited | 2.83% → 2.41% | ▼ -0.42 |
| Axis Bank Limited | 3.73% → 3.37% | ▼ -0.36 |
| AU Small Finance Bank Limited | 1.02% → 0.7% | ▼ -0.32 |
| SBI Life Insurance Company Limited | 0.38% → 0.09% | ▼ -0.29 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | Franklin India Money Market Fund - Direct - Growthmf | — | 12.02% |
| 2 | ICICI Bank Limited | Financial Services | 6.04% |
| 3 | HDFC Bank Limited | Financial Services | 5.79% |
| 4 | Reliance Industries Limited | Energy | 4.13% |
| 5 | Axis Bank Limited | Financial Services | 3.37% |
| 6 | CANARA BANK CD REDbond | — | 2.58% |
| 7 | Bharti Airtel Limited | Telecommunication | 2.55% |
| 8 | CD - UNION BANK OF INDIAbond | — | 2.52% |
| 9 | National Bank For Agriculture and Rural Development 2027bond | — | 2.52% |
| 10 | Vodafone Idea Limited | Telecommunication | 2.41% |
| 11 | IDFC First Bank Limited | Financial Services | 2.11% |
| 12 | Larsen & Toubro Limited | Industrials | 1.88% |
| 13 | HDFC Life Insurance Company Limited | Financial Services | 1.82% |
| 14 | Hindalco Industries Limited | Materials | 1.79% |
| 15 | State Bank of India | Financial Services | 1.78% |
| 16 | Adani Enterprises Limited | Materials | 1.44% |
| 17 | Maruti Suzuki India Limited | Consumer Discretionary | 1.38% |
| 18 | Call, Cash & Other Assetsother | — | 1.38% |
| 19 | Bharat Electronics Limited | Industrials | 1.33% |
| 20 | CD - INDIAN BANK LTDbond | — | 1.29% |
| 21 | CD - INDIAN BANK LTDbond | — | 1.29% |
| 22 | HDFC Bank Limitedbond | — | 1.28% |
| 23 | HDFC Bank Limited^bond | — | 1.27% |
| 24 | Small Industries Development Bank of India (MD )bond | — | 1.24% |
| 25 | IndusInd Bank Limited | Financial Services | 1.22% |
| 26 | FSN E-Commerce Ventures Limited | Consumer Discretionary | 1.16% |
| 27 | Bajaj Finance Limited | Financial Services | 1.03% |
| 28 | UPL Limited | Materials | 1% |
| 29 | PB Fintech Limited | Financial Services | 0.98% |
| 30 | Sun Pharmaceutical Industries Limited | Healthcare | 0.98% |
| 31 | Marico Limited | Consumer Staples | 0.95% |
| 32 | Mahindra & Mahindra Limited | Consumer Discretionary | 0.92% |
| 33 | Laurus Labs Limited | Healthcare | 0.81% |
| 34 | Eicher Motors Limited | Consumer Discretionary | 0.75% |
| 35 | Hindustan Unilever Limited | Consumer Staples | 0.71% |
| 36 | Coforge Limited | Information Technology | 0.7% |
| 37 | AU Small Finance Bank Limited | Financial Services | 0.7% |
| 38 | Steel Authority of India Limited | Materials | 0.69% |
| 39 | APL Apollo Tubes Limited | Industrials | 0.65% |
| 40 | Kotak Mahindra Bank Limited | Financial Services | 0.63% |
| 41 | Tata Power Company Limited | Utilities | 0.6% |
| 42 | TVS Motor Company Limited | Consumer Discretionary | 0.6% |
| 43 | Multi Commodity Exchange of India Limited | Financial Services | 0.58% |
| 44 | Adani Ports and Special Economic Zone Limited | Services | 0.58% |
| 45 | Yes Bank Limited | Financial Services | 0.56% |
| 46 | ETERNAL LIMITED | Consumer Discretionary | 0.54% |
| 47 | Info Edge (India) Limited | Consumer Discretionary | 0.53% |
| 48 | Margin on Derivativesother | — | 0.52% |
| 49 | MphasiS Limited | Information Technology | 0.52% |
| 50 | One 97 Communications Limited | Financial Services | 0.52% |
| 51 | Adani Power Limited | Utilities | 0.51% |
| 52 | Union Bank of India 2027bond | — | 0.51% |
| 53 | Indus Towers Limited | Telecommunication | 0.48% |
| 54 | Jio Financial Services Limited | Financial Services | 0.44% |
| 55 | Ashok Leyland Limited | Industrials | 0.43% |
| 56 | Punjab National Bank | Financial Services | 0.41% |
| 57 | Godrej Properties Limited | Real Estate | 0.41% |
| 58 | Aurobindo Pharma Limited | Healthcare | 0.41% |
| 59 | ITC Limited | Consumer Staples | 0.4% |
| 60 | NTPC Limited | Utilities | 0.4% |
| 61 | Canara Bank | Financial Services | 0.35% |
| 62 | Bajaj Finserv Limited | Financial Services | 0.34% |
| 63 | Oil & Natural Gas Corporation Limited | Energy | 0.33% |
| 64 | JSW Steel Limited | Materials | 0.33% |
| 65 | Hindustan Zinc Limited | Materials | 0.33% |
| 66 | Vedanta Limited | Materials | 0.3% |
| 67 | Bank of Baroda | Financial Services | 0.29% |
| 68 | Coal India Limited | Energy | 0.29% |
| 69 | The Indian Hotels Company Limited | Consumer Discretionary | 0.28% |
| 70 | Manappuram Finance Limited | Financial Services | 0.27% |
| 71 | Glenmark Pharmaceuticals Limited | Healthcare | 0.26% |
| 72 | Ather Energy Limited | Consumer Discretionary | 0.26% |
| 73 | Cipla Limited | Healthcare | 0.24% |
| 74 | UltraTech Cement Limited | Materials | 0.24% |
| 75 | Solar Industries India Limited | Materials | 0.23% |
| 76 | United Spirits Limited | Consumer Staples | 0.23% |
| 77 | Astral Limited | Industrials | 0.22% |
| 78 | Apollo Hospitals Enterprise Limited | Healthcare | 0.22% |
| 79 | GAIL (India) Limited | Utilities | 0.2% |
| 80 | Varun Beverages Limited | Consumer Staples | 0.2% |
| 81 | Bandhan Bank Limited | Financial Services | 0.2% |
| 82 | Franklin India Liquid Fund - Super Institutional - Direct - Growthmf | — | 0.2% |
| 83 | Tata Motors Passenger Vehicles Limited | Consumer Discretionary | 0.19% |
| 84 | Infosys Limited | Information Technology | 0.18% |
| 85 | Computer Age Management Services Limited | Financial Services | 0.18% |
| 86 | Adani Green Energy Limited | Utilities | 0.18% |
| 87 | ICICI Prudential Life Insurance Company Limited | Financial Services | 0.17% |
| 88 | Patanjali Foods Limited | Consumer Staples | 0.17% |
| 89 | Shriram Finance Limited | Financial Services | 0.17% |
| 90 | Angel One Limited | Financial Services | 0.17% |
| 91 | NMDC Limited | Materials | 0.16% |
| 92 | PNB Housing Finance Limited | Financial Services | 0.16% |
| 93 | Container Corporation of India Limited | Services | 0.16% |
| 94 | Bharat Heavy Electricals Limited | Industrials | 0.16% |
| 95 | National Aluminium Company Limited | Materials | 0.16% |
| 96 | Adani Energy Solutions Limited | Utilities | 0.13% |
| 97 | Nestle India Limited | Consumer Staples | 0.13% |
| 98 | Samvardhana Motherson International Limited | Consumer Discretionary | 0.13% |
| 99 | NBCC (India) Limited | Industrials | 0.12% |
| 100 | Motilal Oswal Financial Services Limited | Financial Services | 0.12% |
| 101 | Jubilant Foodworks Limited | Consumer Discretionary | 0.11% |
| 102 | Power Finance Corporation Limited | Financial Services | 0.11% |
| 103 | Ambuja Cements Limited | Materials | 0.11% |
| 104 | Lupin Limited | Healthcare | 0.11% |
| 105 | Divi's Laboratories Limited | Healthcare | 0.11% |
| 106 | Titan Company Limited | Consumer Discretionary | 0.1% |
| 107 | Swiggy Limited | Consumer Discretionary | 0.1% |
| 108 | SBI Life Insurance Company Limited | Financial Services | 0.09% |
| 109 | Power Grid Corporation of India Limited | Utilities | 0.09% |
| 110 | Kalyan Jewellers India Limited | Consumer Discretionary | 0.09% |
| 111 | SBI Cards and Payment Services Limited | Financial Services | 0.08% |
| 112 | GE Vernova T&D India Limited | Industrials | 0.08% |
| 113 | SAGILITY LIMITED | Information Technology | 0.08% |
| 114 | Cummins India Limited | Industrials | 0.08% |
| 115 | KPIT Technologies Limited | Information Technology | 0.07% |
| 116 | L&T Finance Limited | Financial Services | 0.07% |
| 117 | Biocon Limited | Healthcare | 0.07% |
| 118 | LIC Housing Finance Limited | Financial Services | 0.07% |
| 119 | Tata Steel Limited | Materials | 0.07% |
| 120 | Dabur India Limited | Consumer Staples | 0.06% |
| 121 | Crompton Greaves Consumer Electricals Limited | Consumer Discretionary | 0.05% |
| 122 | Grasim Industries Limited | Materials | 0.04% |
| 123 | Indian Oil Corporation Limited | Energy | 0.04% |
| 124 | Cholamandalam Investment and Finance Company Limited | Financial Services | 0.04% |
| 125 | InterGlobe Aviation Limited | Services | 0.04% |
| 126 | BSE Limited | Financial Services | 0.03% |
| 127 | Bank of India | Financial Services | 0.03% |
| 128 | JSW Energy Limited | Utilities | 0.03% |
| 129 | Indian Energy Exchange Limited | Financial Services | 0.03% |
| 130 | Pidilite Industries Limited | Materials | 0.03% |
| 131 | Bharat Petroleum Corporation Limited | Energy | 0.02% |
| 132 | Hitachi Energy India Limited | Industrials | 0.02% |
| 133 | 360 ONE WAM LIMITED | Financial Services | 0.02% |
| 134 | HDFC Asset Management Company Limited | Financial Services | 0.02% |
| 135 | ICICI Lombard General Insurance Company Limited | Financial Services | 0.02% |
| 136 | TATA CONSUMER PRODUCTS LIMITED | Consumer Staples | 0.01% |
| 137 | Colgate Palmolive (India) Limited | Consumer Staples | 0.01% |
| 138 | The Federal Bank Limited | Financial Services | 0.01% |
| 139 | Hindustan Aeronautics Limited | Industrials | 0.01% |
| 140 | Radico Khaitan Limited | Consumer Staples | 0.01% |
| 141 | Max Healthcare Institute Limited | Healthcare | 0.01% |
| 142 | Bajaj Auto Limited | Consumer Discretionary | 0% |
| 143 | Hindustan Petroleum Corporation Limited | Energy | 0% |
| 144 | Amber Enterprises India Limited | Consumer Discretionary | 0% |
| 145 | Fortis Healthcare Limited | Healthcare | 0% |
| 146 | Life Insurance Corporation Of India | Financial Services | 0% |
New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.
Source: Franklin Templeton Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.