templeton india income builder account plan …

TEMPLETON INDIA INCOME BUILDER ACCOUNT PLAN TEMPLETON FLOATING RATE INCOME FUND - LONG TERM PLAN (Contd.)

TEMPLETON FLOATING RATE INCOME FUND - SHORT TERM PLAN

TEMPLETON INDIA SHORT-TERM INCOME PLAN

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips NABARD AAA 160 1,655.73 15.00Power Grid Corp. of India AAA 130 1,605.67 14.55Indian Railway Finance Corp. AAA 70 717.78 6.50Rural Electrification Corp. Ltd. AAA 50 527.65 4.78Export Import Bank of India AAA 50 511.14 4.63Power Finance Corp. Ltd. AAA 50 504.92 4.57

Total 5,522.89 50.03

Traded Scrips Power Finance Corp. Ltd. AAA 65 692.72 6.28Indian Railway Finance Corp. AAA 65 647.87 5.87Rural Electrification Corp. Ltd. AAA 25 277.05 2.51

Total 1,617.64 14.66

(b) Privately Placed / Unlisted Hong Kong and Shanghai Banking Corporation UNRATED 9 911.44 8.26

Total 911.44 8.26

(c) Securitised Debt Instruments Receivable Sec Trust Sr III A6(Originator: IDFC) LAAA (SO) 9 912.54 8.27

Total 912.54 8.27

Money Market Instruments Certificate of Deposit Export Import Bank of India AAA 300 281.73 2.55

Total 281.73 2.55

Totals 9,246.24 83.77

Cash & Other Assets 1792.07 16.23

Net Assets 11,038.31 100.00

TEMPLETON INDIA SHORT-TERM INCOME PLAN (Contd.)

Dividend per unitPlan Name Individuals/HUF Others Dividend 0.4292 0.3995

Plan Name Dividend per unit Retail Option Dividend 0.3371 Institutional Option Dividend 0.3249

c) Average Maturity as on March 31, 2009 0.50 Years


Dividend per unit / Bonus Ratio per 1000 unitsPlan Name Individuals/HUF Others Monthly Dividend 0.6570 0.6114 Quarterly Dividend 0.7621 0.7093 Half Yearly Dividend 0.6745 0.6278 Annual Dividend 0.6132 0.5707 Bonus 57

c) Average Maturity as on March 31, 2009: 2.70 Years Dividend per unit / Bonus Ratio per 1000 units Plan Name Individuals/HUF Others Retail Weekly Dividend 60.2037 56.0329 Retail Monthly Dividend 40.5212 37.7140 Retail Quarterly Dividend 42.3957 39.4587 Institutional Weekly Dividend 45.9576 42.7738 Institutional Monthly Dividend 41.8701 38.9695 Retail Bonus 56

c) Average Maturity as on March 31, 2009: 1.08 Years

TEMPLETON FLOATING RATE INCOME FUND - LONG TERM PLAN

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips

LIC Housing Finance Ltd. AAA 455 4,586.88 11.70

Tata Sons Ltd. AAA 200 2,024.51 5.16

Housing Development Finance Corp. Ltd. AAA 130 1,296.79 3.31

Cholamandalam DBS Finance Ltd. LAA- 120 1,199.42 3.06

Shriram Transport Finance Co. Ltd. AA (IND) 90 925.88 2.36

National Housing Bank AAA 50 501.95 1.28

Total 10,535.43 26.87

(b) Privately Placed / Unlisted Kotak Mahindra Prime Ltd. LAA 220 2,187.92 5.58


Cholamandalam DBS Finance Ltd. LAA- 80 800.92 2.04

Citifinancial Consumer Finance India Ltd. AA+ 50 498.73 1.27

GE Money Financial Services Ltd. AAA 50 492.83 1.26

Total 4,820.20 12.29

(c) Securitised Debt Instruments Investment Vehicle for Structured Transactions,

1208 Series A3Zb (Originator - ICICI Bank Ltd.) AAA (SO) 26 2,581.75 6.58

Investment Vehicle for Structured Transactions,

1208 Series A3X (Originator - ICICI Bank Ltd.) AAA (SO) 20 1,565.52 3.99

Credit Asset Trust Series XLVII A1(IO)

(Orig: HSBC) AAA (IND) (SO) 12 1,039.59 2.65

Receivable Sec Trust Sr III A6

(Originator: IDFC) LAAA (SO) 7 709.75 1.81

Loan Securitisation Trust PTC Series 49 A1

(Originator- ICICI Bank Ltd.) AA (IND) (SO) 100 574.78 1.47

Corporate Debt Trust 08-09 Sr 10 A2

(Orig: Axis Bank Ltd.) P2+(SO) 100 514.07 1.31

Coporate Loan Securitisation Series 56 A1 Trust 2008

(Originator Kotak Mahindra Bank Ltd.) AA (IND) (SO) 4 410.72 1.05

Indian Retail ABS Trust PTC Series 92 A9X

(Originator :ICICI Bank Ltd.) LAAA (SO) 3 314.87 0.80

Total 7,711.05 19.66

Money Market Instruments Commercial Paper

JM Financial Products Pvt. Ltd. P1+ 740 3,184.30 8.12

Edelweiss Capital Ltd. P1+ 1,780 2,973.60 7.58

Reliance Capital Ltd. P1+ 1,860 2,943.86 7.51

Kotak Mahindra Prime Ltd. P1+ 960 985.71 2.51

Total 10,087.47 25.72

Certificate of DepositICICI Bank A1+ 150 4.74 0.01

Total 4.74 0.01

Fixed Deposit ICICI Bank Ltd. 2,505.00 6.39

State Bank of Patiala 2,500.00 6.38

Total 5,005.00 12.77

Totals 38,163.89 97.32

Cash & Other Assets 1,044.81 2.68

Net Assets 39,208.70 100.00

Dividend per unitPlan Name Individuals/HUF Others Retail Dividend 0.3679 0.3424

Institutional Dividend 0.4353 0.4051

Super Institutional Daily 0.4398 0.4093

Super Institutional Weekly 0.0479 0.0446


NAV as on 31-Mar-2009

Retail Growth Plan (Rs) 15.9307

Retail Dividend Plan (Rs) 10.7434

Institutional Growth (Rs) 13.1635

Institutional Dividend (Rs) 10.3509

Super Institutional Growth (Rs) 11.8423

Super Institutional Daily Dividend (Rs) 10.0064

Super Institutional Weekly Dividend (Rs) -

b) Aggregate Dividends / Bonus declared during the Half-Year ended March 31, 2009 :

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments(a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips LIC Housing Finance Ltd. AAA 400 3,948.38 11.66 Industrial Development Finance Co. Ltd. AAA 100 1,011.52 2.99 National Housing Bank AAA 60 602.34 1.78 Indian Railway Finance Corporation AAA 50 502.91 1.48 Kotak Mahindra Prime Ltd. LAA 30 297.37 0.88

Total 6,362.52 18.79

(b) Privately Placed / Unlisted Kotak Mahindra Prime Ltd. LAA 110 1,097.52 3.24 Tata Steel Ltd. AAA (IND) 100 1,029.18 3.04 Industrial Development Finance Co. Ltd. AAA 100 1,008.03 2.98 Citifinancial Consumer Finance India Ltd. AA+ 10 98.58 0.29 GE Money Financial Services Ltd. AAA 5 49.56 0.15

Total 3,282.87 9.70

(c) Securities Debt InstrumentsCLSS XXX Trust 2006(Originator - Kotak Mahindra Prime Ltd.) F1+(IND)(SO) 27 2,758.53 8.15 UBL Trust Sr 63 A(Originator: DSP Merrill Lynch Cap Ltd.) P1+(SO) 25 2,509.29 7.41 Indian Retail ABS Trust PTC Series SR. 88A3(Originator: ICICI Bank Ltd.) LAAA (SO) 8 825.55 2.44 Investment Vehicle for Structured Transactions1208 Series A1 (Originator - ICICI Bank Ltd) AAA (SO) 30 410.45 1.21 Indian Retail ABS Trust PTC Series SR. 87A3(Originator: ICICI Bank Ltd.) LAAA (SO) 3 305.43 0.90 LRST C 2008 SrC2 (Originator - JPMorganSecurities India Private Limited) AAA (IND) (SO) 3 262.78 0.78 BHPC Auto Sec Trust PTC AUG-06 I A2(Originator - TataMotors Ltd.) AA (SO) 10 260.84 0.77 ICLS TRUST 2008 Series 39 A7(Orig:Yes Bank Ltd.) F1+(IND)(SO) 1 90.30 0.27 LRST A 2008 SrA1(Originator - JPMorganChase Bank) AAA (IND) (SO) 6 87.03 0.26 Indian Retail ABS Trust PTC Series 68 A1(Originator - ICICI Bank Ltd.) LAAA (SO) 39 3.98 0.01

Total 7,514.18 22.20

Money Market Instruments Commercial Paper Edelweiss Capital Ltd. P1+ 700 3,371.59 9.96 Kotak Mahindra Prime Ltd. P1+ 420 2,033.39 6.00 Reliance Capital Ltd. A1+ 148 730.22 2.16 JM Financial Product P1+ 149 707.21 2.09 GE Capital Services Ltd. P1+ 105 512.62 1.51 Reliance Telecom Ltd. A1+ 100 482.69 1.43 SBI Cards P1+ 60 282.83 0.84 Reliance Capital Ltd. P1+ 4 19.24 0.06 Total 8,139.79 24.05 Certificate of Deposit Axis Bank P1+ 100 95.26 0.28 Total 95.26 0.28 Deposits ICICI Bank 3,502.00 10.34 Yes Bank 3,000.00 8.86 State Bank of Patiala 1,000.00 2.95

Total 7,502.00 22.15

Totals 32,896.62 97.17


Net Assets 33,866.04 100.00

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments(a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Sundaram BNP Paribas Home Finance Ltd. LAA 260 2,653.22 4.27 Shriram Transport Finance Co. Ltd. AA (IND) 200 2,020.14 3.25 Cholamandalam DBS Finance Ltd. LAA- 130 1,296.79 2.09 TML Financial Services Ltd. A 83 828.90 1.33 Sundaram Finance Ltd. AA+ 20 205.36 0.33 GE Capital Services India AAA 8 78.85 0.13

Total 7,083.26 11.40

(b) Privately Placed / Unlisted Kotak Mahindra Prime Ltd. LAA 880 8,851.67 14.24 Cholamandalam DBS Finance Ltd. LAA- 643 6,527.23 10.50 Deutsche Postbank Home Finance Ltd. LAA+ 338 3,448.53 5.55 GE Capital Services India Ltd. AAA 235 2,344.86 3.77 Shriram Transport Finance Co. Ltd. AA (IND) 170 1,700.87 2.74 Citifinancial Consumer Finance India Ltd. AA+ 170 1,627.51 2.62 Sundaram Finance Ltd. AA+ 150 1,451.04 2.33 Kotak Mahindra Investments Ltd. A1+ 120 1,195.34 1.92 TML Financial Services Ltd. LA+ 104 1,031.11 1.66 ICICI Home Finance Co. Ltd. LAAA 100 1,025.93 1.65 GE Money Financial Services Ltd. AAA 100 989.27 1.59 Tata Steel Ltd. AAA (IND) 75 754.50 1.21 DSP Merrill Lynch Capital Ltd. AAA 83 81.79 0.13 Mahindra & Mahindra Financial Services Ltd. AA- 4 39.99 0.06

Total 31,069.64 49.97



Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Power Grid Corp of India AAA 120 1,533.79 7.85 Power Finance Corp. Ltd. AAA 100 1,009.84 5.17 Export Import Bank of India AAA 50 511.14 2.62 Indian Railway Finance Corp. AAA 50 508.22 2.60 NABARD AAA 30 311.30 1.59 Tata Sons Ltd. LAAA 10 99.41 0.51

Total 3,973.70 20.34

Traded Scrips Indian Railway Finance Corp. AAA 210 2,089.81 10.70 Power Finance Corp. Ltd. AAA 135 1,382.99 7.08 Rural Electrification Corp. Ltd. AAA 100 1,068.86 5.47 Power Grid Corp of India AAA 40 505.24 2.59

Total 5,046.90 25.84

Goverment Securities 6.05% GOI 2019 SOVEREIGN 3,000,000 2,797.20 14.32 7.55% GOI 2010 SOVEREIGN 300 0.31 0.00*

Total 2,797.51 14.32

(b) Securitised Debt Instruments Receivable Sec Trust Sr III A6 (Originator: IDFC) LAAA (SO) 22 2,230.65 12.58

Total 2,230.65 12.58

Money Market Instruments Certificate of Deposit Oriental Bank of Commerce P1+ 2,500 2,323.57 13.10 Canara Bank P1+ 800 744.54 4.20

Total 3,068.11 15.71

Totals 17,116.87 87.63


Net Assets 1,9528.16 100.00

*Less than 0.01%

(c) Securitised Debt Instruments Loan Securitisation Trust-Bajaj AutoReceivables PTC AAA (SO) 100 5,292.50 8.51 Loan Securitisation Trust - 49A(Originator: ICICI Bank) AA (IND) (SO) 52 4,257.22 6.85 Loan Securitisation Trust - PTC Series - IX B(Originator - ICICI Bank Ltd.) AAA (SO) 39 1,480.13 2.38 Indian Loan Securitisation Trust Series 2 BTrust 2008 (Originator : Kotak Mahindra Bank Ltd.) AAA (SO) 16 1,421.03 2.29 Investment Vehicle for Structured Transactions,1208 Series A3Zb (Originator - ICICI Bank) AAA (SO) 11 861.04 1.38 IRS Trust Series I A3 (Originator: IDFC) LAAA (SO) 7 700.15 1.13 Receivable Sec Trust Sr V A1(Originator: IDFC) F1+(IND)(SO) 7 698.38 1.12 ICLS Trust 2008 Series 39 A7(Orig:Yes Bank Ltd.) F1+(IND)(SO) 5 451.56 0.73 ICLS Trust 2008 Series 36 A1(Orig:Yes Bank Ltd.) F1+(IND)(SO) 5 443.58 0.71 UBL Trust Sr 63 B(Originator: DSP Merrill Lynch Cap Ltd.) P1+(SO) 2 200.74 0.32 LST Series 51 1B (Orig. ICICI Bank Ltd) AA+ (SO) 2 177.05 0.28 Loan Securitisation Trust - Reliance IndustriesReceivables PTC AAA (SO) 7 141.69 0.23 Indian Retail ABS Trust PTC Series 68 A1(Originator - ICICI Bank Ltd.) LAAA (SO) 5 0.52 0.00*

Total 16,125.59 25.93

Money Market Instruments Commercial Paper SBI Cards & Payment Services Pvt. Ltd. P1+ 440 2,074.12 3.34 Reliance Capital Ltd. P1+ 120 577.23 0.93

Total 2,651.35 4.27

Totals 56,929.84 91.57


Net Assets 62,171.75 100.00

*Less than 0.01%

TEMPLETON INDIA INCOME FUND

Note:

a) NAV at the beginning and at the end of the Half-year ended March 31, 2009

NAV as on 30-Sep-2008

Retail Growth Plan (Rs)# 1,566.9444 Retail Monthly Dividend Plan (Rs.)# 1,064.5376 Retail Quarterly Dividend Plan (Rs)# 1,040.4546 Retail Weekly Dividend Plan (Rs)# 1,078.6882 Retail Bonus Plan (Rs)# 1,072.9264 Institutional Weekly Plan (Rs.)# 1,002.9871 Institutional Monthly Plan (Rs.)# 1,094.4229 Institutional Growth Plan (Rs.)# 1,254.5006


Retail Growth Plan (Rs) 1,667.4220 Retail Monthly Dividend Plan (Rs) 1,085.4063 Retail Quarterly Dividend Plan (Rs) 1,058.0463 Retail Weekly Dividend Plan (Rs) 1,077.0347 Retail Bonus Plan (Rs) 1,077.5844 Institutional Weekly Plan (Rs) 1,013.7663 Institutional Monthly Plan (Rs) 1,116.2055 Institutional Growth Plan (Rs) 1,335.6092


Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Growth Plan (Rs)# 28.2299 Dividend Plan (Rs)# 10.3688

NAV as on 31-Mar-2009 Growth Plan (Rs) 30.3159 Dividend Plan (Rs) 10.6393

b) Aggregate Dividends declared during the Half - year ended March 31, 2009:

UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2009

Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009

NAV as on 30-Sep-2008 Growth Plan (Rs)# 26.8472 Annual Dividend Plan (Rs)# 10.1728 Quarterly Dividend Plan (Rs)# 12.8475 Monthly Dividend Plan (Rs)# 12.1892 Half-Yearly Dividend Plan (Rs)# 12.4925 Bonus Plan (Rs)# 17.5330

NAV as on 31-Mar-2009 Growth Plan (Rs) 28.6569 Annual Dividend Plan (Rs) 10.1567 Quarterly Dividend Plan (Rs) 12.8378 Monthly Dividend Plan (Rs) 12.2516 Half-Yearly Dividend Plan (Rs) 12.5625 Bonus Plan (Rs) 17.6906

b) Aggregate Dividends / Bonus declared during the Half-Year ended March 31, 2009:


NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 15.2091 Retail Dividend Plan (Rs)# 10.6628 Institutional Growth (Rs.)# 12.5386 Institutional Dividend (Rs.)# 10.3449 Super Institutional Growth (Rs.)# 11.2666 Super Institutional Daily Dividend (Rs.)# 10.0098 Super Institutional Weekly Dividend (Rs.)# 10.1000


NAV as on 30-Sep-2008 Retail Growth Plan (Rs) 15.2958 Retail Dividend Plan (Rs) 10.0553 Institutional Growth (Rs.) 12.5830 Institutional Weekly Dividend (Rs.) 10.1222

NAV as on 31-Mar-2009 Retail Growth Plan (Rs) 15.9682 Retail Dividend Plan (Rs) 10.0554 Institutional Growth (Rs) 13.1559 Institutional Weekly Dividend (Rs) 10.1570



NAV as on 30-Sep-2008 Growth Plan (Rs) 10.7459 Dividend Plan (Rs) 10.5500


b) Dividends declared during the Half - year ended March 31, 2009: NIL


FRANKLIN TEMPLETON CAPITAL PROTECTION ORIENTED FUND - 5 YEAR PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Infosys Technologies Ltd. Software 6,814 90.22 1.34 Reliance Industries Ltd. Petroleum Products 5,027 76.57 1.14 Bharti Airtel Ltd. Telecom - Services 12,000 75.10 1.12 Housing Development Finance Corp. Ltd. Finance 5,000 70.56 1.05 HDFC Bank Ltd. Banks 7,035 68.09 1.01 Hero Honda Motors Ltd. Auto 6,310 67.53 1.00 Larsen & Toubro Ltd. Construction Project 10,000 67.27 1.00 Bharat Heavy Electricals Ltd. Industrial Capital Goods 4,121 61.99 0.92 Grasim Industries Ltd. Cement 2,985 47.07 0.70 Kotak Mahindra Bank Ltd. Banks 11,775 33.32 0.50 ICICI Bank Ltd. Banks 10,000 33.26 0.49 ABB Ltd. India Industrial Capital Goods 6,561 28.04 0.42 Bharat Electronics Ltd. Industrial Capital Goods 3,015 26.62 0.40 Nestle India Ltd. Consumer Non Durables 1,471 22.89 0.34 Bharat Petroleum Corp. Ltd. Petroleum Products 5,209 19.62 0.29 Lupin Laboratories Ltd. Pharmaceuticals 2,789 19.22 0.29 Great Eastern Shipping Co. Ltd. Transportation 10,190 19.15 0.28 Marico Ltd. Consumer Non Durables 30,000 18.02 0.27 ACC Ltd. Cement 2,890 16.67 0.25 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1,178 13.10 0.19 Siemens India Ltd. Industrial Capital Goods 4,506 12.14 0.18 Mahindra & Mahindra Ltd. Auto 2,956 11.33 0.17 Television Eighteen India Ltd. Media & Entertainment 14,215 9.97 0.15 Cummins India Ltd. Industrial Products 5,000 9.28 0.14 Oil & Natural Gas Corp. Ltd. Oil 861 6.71 0.10 IBN18 Broadcast Ltd. Media & Entertainment 7,750 5.79 0.09 Idea Cellular Ltd. Telecom - Services 10,924 5.47 0.08

Total 935.00 13.91

Debt Instruments Rating

(a) Listed / awaiting listing on Stock ExchangesNon - Traded / Thinly Traded Scrips Power Grid Corp. of India AAA 76 996.94 14.82 Infrastructure Development Finance Corporation LAAA 95 993.01 14.76 NABARD AAA 95 985.79 14.66 Housing Develppment Finance Corp. AAA 93 974.37 14.49 Export Import Bank Of India AAA 90 724.30 10.77 Tata Sons Ltd. LAAA 50 497.05 7.39 LIC Housing Finance Ltd. AAA 10 101.45 1.51

Total 5,272.91 78.40

Totals 6,207.91 92.31


Net Assets 6,726.29 100.00

TEMPLETON MONTHLY INCOME PLAN - MONTHLY AND QUARTERLY DIVIDEND PLAN

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Export Import Bank of India AAA 10 107.28 10.15 Power Finance Corp. Ltd. AAA 5 50.49 4.78

Total 157.77 14.93

(b) Securitised Debt Instruments BHPC Auto Sec Trust PTC AUG-06 I A2(Originator - TataMotors Ltd.) AA (SO) 3 161.94 15.33 Loan Securitisation Trust - Reliance IndustriesReceivables PTC AAA (SO) 8 78.25 7.41

Total 240.19 22.74

Money Market InstrumentsCommercial PaperReliance Capital Ltd. A1+ 20 99.80 9.45

Total 99.80 9.45

Certificate of Deposit Canara Bank P1+ 400 372.27 35.24

Total 372.27 35.24

Totals 870.03 82.36


Net Assets 1,056.43 100.00

TEMPLETON MONTHLY INCOME PLAN - HALF YEARLY DIVIDEND AND GROWTH PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Bharti Airtel Ltd. Telecom - Services 14,000 87.61 1.55 Infosys Technologies Ltd. Software 6,582 87.15 1.54 HDFC Bank Ltd. Banks 8,359 80.90 1.43 Hero Honda Motors Ltd. Auto 6,762 72.36 1.28 Reliance Industries Ltd. Petroleum Products 4,319 65.79 1.17 Grasim Industries Ltd. Cement 3,637 57.35 1.02 Larsen & Toubro Ltd. Construction Project 7,676 51.63 0.92 Bharat Heavy Electricals Ltd. Industrial Capital Goods 3,281 49.36 0.87 Housing Development Finance Corp. Ltd. Finance 3,381 47.71 0.85 ICICI Bank Ltd. Banks 11,615 38.63 0.68 Marico Ltd. Consumer Non Durables 58,993 35.43 0.63 Kotak Mahindra Bank Ltd. Banks 10,529 29.79 0.53 ABB Ltd. India Industrial Capital Goods 6,015 25.71 0.46 Cummins India Ltd. Industrial Products 10,648 19.77 0.35 Nestle India Ltd. Consumer Non Durables 1,227 19.10 0.34 Bharat Petroleum Corp. Ltd. Petroleum Products 4,467 16.82 0.30 Reliance Petroleum Ltd. Petroleum Products 17,025 16.20 0.29 Great Eastern Shipping Co. Ltd. Transportation 8,501 15.97 0.28 Bharat Electronics Ltd. Industrial Capital Goods 1,517 13.39 0.24 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 983 10.93 0.19 Mahindra & Mahindra Ltd. Auto 2,621 10.04 0.18 Siemens India Ltd. Industrial Capital Goods 3,766 10.15 0.18 Cipla Ltd. Pharmaceuticals 4,400 9.67 0.17 Dabur India Ltd. Consumer Non Durables 9,516 9.39 0.17 Lupin Laboratories Ltd. Pharmaceuticals 1,406 9.69 0.17 Infrastructure Development Finance Co. Ltd. Finance 16,000 8.67 0.15 IBN18 Broadcast Ltd. Media & Entertainment 7,415 5.54 0.10 Oil & Natural Gas Corp. Ltd. Oil 717 5.59 0.10 Idea Cellular Ltd. Telecom - Services 9,102 4.57 0.08 Television Eighteen India Ltd. Media & Entertainment 6,688 4.70 0.08 Britannia Industries Ltd. Consumer Non Durables 250 3.53 0.06

Total 923.14 16.36

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Traded Scrips Power Finance Corp. Ltd. AAA 20 202.78 3.59

Total 202.78 3.59

(b) Securitised Debt Instruments Investment Vehicle For Structured Transactions 1208Series A3ZB (Originator - ICICI Bank) AAA (SO) 15 1,489.47 26.40 Indian Retail ABS Trust PTC Series SR. 88A3(Originator: ICICI Bank Ltd.) LAAA (SO) 6 619.16 10.97 Indian Retail ABS Trust PTC Series SR. 87A3(Originator: ICICI Bank Ltd.) LAAA (SO) 6 610.85 10.83 JUS Trust PTC - Jet Airways Series 9(Originator - UTI Bank) AAA (SO) 500,000 290.09 5.14 Indian Retail ABS Trust PTC Series 85 A1 B(Originator: ICICI Bank Ltd.) AAA (SO) 12 249.49 4.42 Loan Securitisation Trust - Reliance Industries PTC(Originator - ICICI Bank) AAA (SO) 6 121.46 2.15

Total 3,380.52 59.91

Totals 4,506.44 79.86


Net Assets 5,642.18 100.00

TEMPLETON INDIA PENSION PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges HDFC Bank Ltd. Banks 49,276 476.92 3.15 Bharti Airtel Ltd. Telecom - Services 73,000 456.83 3.02 Reliance Industries Ltd. Petroleum Products 29,731 452.86 2.99 Infosys Technologies Ltd. Software 26,644 352.79 2.33 Housing Development Finance Corp. Ltd. Finance 23,045 325.21 2.15 Hero Honda Motors Ltd. Auto 28,887 309.13 2.04 Grasim Industries Ltd. Cement 15,719 247.86 1.64 Larsen & Toubro Ltd. Construction Project 34,644 233.03 1.54 Bharat Heavy Electricals Ltd. Industrial Capital Goods 15,101 227.17 1.50 ABB Ltd. India Industrial Capital Goods 48,493 207.26 1.37 Kotak Mahindra Bank Ltd. Banks 68,324 193.32 1.28 Nestle India Ltd. Consumer Non Durables 11,732 182.60 1.21 Marico Ltd. Consumer Non Durables 250,167 150.23 0.99 ICICI Bank Ltd. Banks 39,144 130.19 0.86 Reliance Petroleum Ltd. Petroleum Products 102,957 97.96 0.65 Bharat Electronics Ltd. Industrial Capital Goods 10,502 92.72 0.61 Asian Paints Ltd. Consumer Non Durables 10,000 78.60 0.52 Cummins India Ltd. Industrial Products 42,235 78.41 0.52 Bharat Petroleum Corp. Ltd. Petroleum Products 20,427 76.94 0.51 Great Eastern Shipping Co. Ltd. Transportation 39,708 74.61 0.49 Idea Cellular Ltd. Telecom - Services 142,534 71.48 0.47 Lupin Laboratories Ltd. Pharmaceuticals 10,000 68.92 0.45 Infrastructure Development Finance Co. Ltd. Finance 124,000 67.21 0.44 Cipla Ltd. Pharmaceuticals 29,762 65.40 0.43 Dabur India Ltd. Consumer Non Durables 64,361 63.52 0.42 Sterlite Industries (India) Ltd. Non - Ferrous Metals 17,200 61.17 0.40 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 4,593 51.09 0.34 Siemens India Ltd. Industrial Capital Goods 15,322 41.29 0.27 Mahindra & Mahindra Ltd. Auto 9,261 35.49 0.23 IBN18 Broadcast Ltd. Media & Entertainment 40,930 30.55 0.20 Oil & Natural Gas Corp. Ltd. Oil 3,353 26.14 0.17 Television Eighteen India Ltd. Media & Entertainment 31,217 21.90 0.14 Tata Steel Ltd. Ferrous Metals 8,000 16.48 0.11 Britannia Industries Ltd. Consumer Non Durables 750 10.58 0.07 Future Capital Holdings Ltd. Finance 287 0.31 0.00* Maytas Infra Ltd. Construction 491 0.18 0.00*

Total 5,076.35 33.51

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Indian Railway Finance Corp. AAA 30 304.93 2.01 Power Grid Corp. of India AAA 74 252.51 1.67

Total 557.44 3.68

Traded Scrips Indian Railway Finance Corp. AAA 175 1,720.05 11.35 Rural Electrification Corp. Ltd. AAA 155 1,608.21 10.62 Power Finance Corp. Ltd. AAA 100 1,065.72 7.04 Power Grid Corp. of India AAA 40 1,010.05 6.67

Total 5,404.03 35.68

Goverment Securities 6.05% GOI 2019 SOVEREIGN 1,500,000 1,398.60 9.23 Total 1,398.60 9.23

(b) Privately Placed / Unlisted Citifinancial Consumer Finance India Ltd. AA+ 30 223.16 1.47 Cholamandalam DBS Finance Ltd. LAA- 10 101.22 0.67

Total 324.38 2.14

(c) Securitised Debt Instruments Receivable Sec Trust Sr III A6(Originator: IDFC) LAAA (SO) 14 1,419.50 9.37 BHPC Auto Sec Trust PTC AUG-06 I A2(Originator - TataMotors Ltd.) AA (SO) 5 130.42 0.86 Credit Asset Trust Series XLVII A1(PO)(Orig: HSBC) AAA (IND) (SO) 1 102.48 0.68

Total 1,652.40 10.91

Money Market Instruments Commercial Paper JM Financial Products Pvt. Ltd. P1+ 40 191.27 1.26 Reliance Capital Ltd. A1+ 30 149.70 0.99

Total 340.97 2.25

Totals 14,754.17 97.40


Net Assets 15,148.12 100.00

FT INDIA MONTHLY INCOME PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges Bharti Airtel Ltd. Telecom - Services 84,000 525.67 1.72 HDFC Bank Ltd. Banks 53,333 516.18 1.69 Infosys Technologies Ltd. Software 38,620 511.37 1.67 Hero Honda Motors Ltd. Auto 39,723 425.10 1.39 Reliance Industries Ltd. Petroleum Products 27,786 423.24 1.38 Grasim Industries Ltd. Cement 25,696 405.17 1.32 Housing Development Finance Corp. Ltd. Finance 24,287 342.74 1.12 Bharat Heavy Electricals Ltd. Industrial Capital Goods 20,390 306.74 1.00 Larsen & Toubro Ltd. Construction Project 45,698 307.39 1.00 Marico Ltd. Consumer Non Durables 442,648 265.81 0.87 Kotak Mahindra Bank Ltd. Banks 83,419 236.03 0.77 ICICI Bank Ltd. Banks 67,963 226.04 0.74 ABB Ltd. India Industrial Capital Goods 39,071 166.99 0.55 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 14,000 155.73 0.51 Cummins India Ltd. Industrial Products 71,398 132.55 0.43 Reliance Petroleum Ltd. Petroleum Products 131,338 124.97 0.41 Nestle India Ltd. Consumer Non Durables 7,924 123.33 0.40 Bharat Petroleum Corp. Ltd. Petroleum Products 28,756 108.31 0.35 Great Eastern Shipping Co. Ltd. Transportation 54,893 103.14 0.34 Bharat Electronics Ltd. Industrial Capital Goods 11,155 98.49 0.32 Cipla Ltd. Pharmaceuticals 33,982 74.68 0.24 Dabur India Ltd. Consumer Non Durables 73,486 72.53 0.24 Lupin Laboratories Ltd. Pharmaceuticals 10,348 71.32 0.23 Siemens India Ltd. Industrial Capital Goods 24,462 65.93 0.22 Mahindra & Mahindra Ltd. Auto 16,287 62.41 0.20 Infrastructure Development Finance Co. Ltd. Finance 105,000 56.91 0.19 IBN18 Broadcast Ltd. Media & Entertainment 58,005 43.30 0.14 Oil & Natural Gas Corp. Ltd. Oil 4,665 36.37 0.12 Idea Cellular Ltd. Telecom - Services 59,171 29.67 0.10 Television Eighteen India Ltd. Media & Entertainment 43,102 30.24 0.10 Britannia Industries Ltd. Consumer Non Durables 1,150 16.21 0.05

Total 6,064.56 19.81

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Cholamandalam DBS Finance Ltd. LAA- 200 1,999.81 6.53 LIC Housing Finance Ltd. AAA 150 1,521.74 4.97 Infrastructure Development Finance Co. Ltd. AAA 55 557.57 1.82 Power Grid Corp. of India AAA 40 510.19 1.67 Shriram Transport Finance Co. Ltd. AA (IND) 50 505.04 1.65 Export Import Bank of India AAA 25 257.37 0.84 Housing Development Finance Corp. Ltd. AAA 19 182.06 0.59 Kotak Mahindra Prime Ltd. LAA 9 89.20 0.29 NABARD AAA 2 20.07 0.07

Total 5,643.05 18.43

Traded Scrips Power Finance Corp. Ltd. AAA 205 2,088.17 6.82 Rural Electrification Corp. Ltd. AAA 50 485.65 1.59 Indian Railway Finance Corp. AAA 25 250.83 0.82

Total 2,824.65 9.23

Goverment Securities 6.05% GOI 2019 SOVEREIGN 1,500,000 1,398.60 4.57

Total 1,398.60 4.57

(b) Privately Placed / Unlisted Cholamandalam DBS Finance Ltd. LAA- 130 1,314.90 4.29 Kotak Mahindra Prime Ltd. LAA 60 605.44 1.98 GE Money Financial Services Ltd. AAA 50 501.90 1.64 Shriram Transport Finance Co. Ltd. AA (IND) 48 496.26 1.62 Citifinancial Consumer Finance India Ltd. AA+ 30 223.16 0.73 TML Financial Services Ltd. LA+ 16 158.63 0.52 Hong Kong and Shanghai BankingCorporation UNRATED 1 101.26 0.33

Total 3,401.55 11.11

(c) Securitised Debt Instruments Receivable Sec Trust Sr III A6 (Originator: IDFC) LAAA (SO) 33 3,345.97 10.93 Loan Securitisation Trust - PTC Series - IX B(Originator - ICICI Bank Ltd.) AAA (SO) 46 1,745.80 5.70 Long Bond Receivables Trust 2007 - Series V(Originator - Standard Chartered Investmentsand Loans) AAA (SO) 10 926.86 3.03 Credit Asset Trust Series XLVII A1(PO)(Orig: HSBC) AAA (IND) (SO) 7 717.33 2.34 Investment Vehicle for Structured Transactions,1208 Series A3Zb (Originator - ICICI Bank Ltd.) AAA (SO) 3 297.89 0.97 Loan Securitisation Trust - Reliance IndustriesPTC (Originator - ICICI Bank) AAA (SO) 14 283.39 0.93 BHPC Auto Sec Trust PTC AUG-06 I A2(Originator - TataMotors Ltd.) AA (SO) 7 182.59 0.60

Total 7,499.83 24.50

Money Market Instruments Commercial Paper Reliance Capital Ltd. A1+ 40 199.60 0.65

Total 199.60 0.65

Certificate of Deposit Canara Bank P1+ 700 651.47 2.13

Total 651.47 2.13

Totals 27,683.31 90.43


Net Assets 30,614.76 100.00

FRANKLIN TEMPLETON CAPITAL PROTECTION ORIENTED FUND - 3 YEAR PLAN (Contd.) TEMPLETON MONTHLY INCOME PLAN - HALF YEARLY DIVIDEND AND GROWTH PLAN (Contd.) TEMPLETON INDIA PENSION PLAN (Contd.)



Growth Plan (Rs) 10.4619

Dividend Plan (Rs) 10.1771






Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Growth Plan (Rs) 21.6392 Half yearly Dividend Plan (Rs) 11.4792 NAV as on 31-Mar-2009 Growth Plan (Rs) 21.7555 Half yearly Dividend Plan (Rs) 11.3903

Dividend per unitPlan Name Individuals/HUF Others Half yearly Dividend Plan 0.1314 0.1223



Dividend per unitPlan Name Dividend 1.3700





b) Dividends declared during the Half - year ended March 31, 2009:

Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009

NAV as on 30-Sep-2008 Quarterly Dividend Plan (Rs) 10.4507 Monthly Dividend Plan (Rs) 10.3810 Bonus Plan (Rs) 12.9221 Growth Plan (Rs) 22.3714

NAV as on 31-Mar-2009 Quarterly Dividend Plan (Rs) 10.3324 Monthly Dividend Plan (Rs) 10.3239 Bonus Plan (Rs) 12.0994 Growth Plan (Rs) 22.2701 b) Aggregate Dividends / Bonus declared during the Half-Year ended March 31, 2009 :



Dividend per unit Plan Name Individuals/HUF Others Monthly Dividend Plan 0.4555 0.4239

Quarterly Dividend Plan 0.3241 0.3016



Monthly Dividend Plan (Rs)# 10.5553

Quarterly Dividend Plan (Rs)# 10.4461 NAV as on 31-Mar-2009

Monthly Dividend Plan (Rs) 10.5308

Quarterly Dividend Plan (Rs) 10.5683

*Less than 0.01%

Dividend per unit / Bonus Ratio per 1000 unitsPlan Name Individuals/HUF Others Monthly Dividend 0.0088 0.0082Quarterly Dividend 0.0613 0.0571

Bonus 62



Totals 22,966.05 91.67


Net Assets 25,057.36 100.00






FT INDIA BALANCED FUND

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges Reliance Industries Ltd. Petroleum Products 80,868 1,231.78 5.57 HDFC Bank Ltd. Banks 119,038 1,152.11 5.21 Bharti Airtel Ltd. Telecom - Services 178,700 1,118.30 5.06 Infosys Technologies Ltd. Software 83,890 1,110.79 5.02 Bharat Heavy Electricals Ltd. Industrial Capital Goods 59,771 899.17 4.06 Hero Honda Motors Ltd. Auto 80,461 861.05 3.89 Grasim Industries Ltd. Cement 51,162 806.72 3.65 Housing Development Finance Corp. Ltd. Finance 57,123 806.12 3.64 Larsen & Toubro Ltd. Construction Project 94,746 637.31 2.88 Nestle India Ltd. Consumer Non Durables 36,248 564.16 2.55 Kotak Mahindra Bank Ltd. Banks 196,301 555.43 2.51 Marico Ltd. Consumer Non Durables 830,197 498.53 2.25 ABB Ltd. India Industrial Capital Goods 100,857 431.06 1.95 ICICI Bank Ltd. Banks 120,417 400.51 1.81 Cummins India Ltd. Industrial Products 165,795 307.80 1.39 Reliance Petroleum Ltd. Petroleum Products 255,851 243.44 1.10 Bharat Petroleum Corp. Ltd. Petroleum Products 63,036 237.43 1.07 Bharat Electronics Ltd. Industrial Capital Goods 25,696 226.87 1.03 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 20,000 222.47 1.01 Great Eastern Shipping Co. Ltd. Transportation 116,855 219.57 0.99 Idea Cellular Ltd. Telecom - Services 427,344 214.31 0.97 Infrastructure Development Finance Co. Ltd. Finance 397,000 215.17 0.97 Asian Paints Ltd. Consumer Non Durables 26,000 204.36 0.92 Sterlite Industries (India) Ltd. Non - Ferrous Metals 55,000 195.61 0.88 Lupin Laboratories Ltd. Pharmaceuticals 25,000 172.30 0.78 Mahindra & Mahindra Ltd. Auto 45,000 172.44 0.78 Cipla Ltd. Pharmaceuticals 73,490 161.49 0.73 Dabur India Ltd. Consumer Non Durables 158,922 156.86 0.71 Merck Ltd. Pharmaceuticals 39,529 142.90 0.65 Siemens India Ltd. Industrial Capital Goods 50,596 136.36 0.62 Oil & Natural Gas Corp. Ltd. Oil 15,040 117.27 0.53 IBN18 Broadcast Ltd. Media & Entertainment 123,600 92.27 0.42 Television Eighteen India Ltd. Media & Entertainment 91,627 64.28 0.29 Tata Steel Ltd. Ferrous Metals 20,000 41.20 0.19 Britannia Industries Ltd. Consumer Non Durables 2,272 32.02 0.14 Future Capital Holdings Ltd. Finance 947 0.98 0.00* Maytas Infra Ltd. Construction 1,549 0.54 0.00*

Total 14,650.98 66.22

(b) Unlisted**Globsyn Technologies Ltd. Unlisted 270,000 0.03 0.00* Numero Uno International Ltd. Unlisted 27,500 0.00 0.00*

Total 0.03 0.00

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips LIC Housing Finance Ltd. AAA 150 1,521.74 6.88 Rural Electrification Corp. Ltd. AAA 100 1,041.34 4.71 Indian Railway Finance Corp. AAA 50 508.22 2.30 NABARD AAA 50 507.32 2.29 Export Import Bank of India AAA 25 257.37 1.16 Power Grid Corp. of India Ltd. AAA 20 148.54 0.67

Total 3,984.53 18.01

Traded Scrips Power Finance Corp. Ltd. AAA 75 786.33 3.55 Rural Electrification Corp. Ltd. AAA 70 679.92 3.07 Indian Railway Finance Corp. AAA 25 250.83 1.13

Total 1,717.08 7.75

(b) Securitised Debt Instruments Investment Vehicle for Structured Transactions,1208 Series A3Zb (Originator - ICICI Bank) AAA (SO) 3 794.38 3.59

Total 794.38 3.59

Totals 21,147.00 95.57


Net Assets 22,120.10 100.00

FRANKLIN TEMPLETON CAPITAL SAFETY FUND - 5 YEARS PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Infosys Technologies Ltd. Software 25,013 331.20 1.11 Housing Development Finance Corp. Ltd. Finance 22,952 323.90 1.08 Grasim Industries Ltd. Cement 19,778 311.86 1.04 Reliance Industries Ltd. Petroleum Products 18,489 281.62 0.94 Bharti Airtel Ltd. Telecom - Services 44,643 279.38 0.93 Hero Honda Motors Ltd. Auto 23,298 249.32 0.83 HDFC Bank Ltd. Banks 24,004 232.32 0.78 Larsen & Toubro Ltd. Construction Project 27,436 184.55 0.62 Bharat Heavy Electricals Ltd. Industrial Capital Goods 11,602 174.53 0.58 Marico Ltd. Consumer Non Durables 242,026 145.34 0.49 Kotak Mahindra Bank Ltd. Banks 39,690 112.30 0.37 Bharat Electronics Ltd. Industrial Capital Goods 11,297 99.74 0.33 ICICI Bank Ltd. Banks 29,218 97.18 0.32 ABB Ltd. India Industrial Capital Goods 22,637 96.75 0.32 Nestle India Ltd. Consumer Non Durables 5,445 84.75 0.28 Cummins India Ltd. Industrial Products 42,196 78.34 0.26 Bharat Petroleum Corp. Ltd. Petroleum Products 19,182 72.25 0.24 Lupin Laboratories Ltd. Pharmaceuticals 10,455 72.06 0.24 Great Eastern Shipping Co. Ltd. Transportation 37,722 70.88 0.24 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 4,363 48.53 0.16 Siemens India Ltd. Industrial Capital Goods 14,136 38.10 0.13 Television Eighteen India Ltd. Media & Entertainment 54,103 37.95 0.13 Mahindra & Mahindra Ltd. Auto 9,268 35.51 0.12 Oil & Natural Gas Corp. Ltd. Oil 3,187 24.85 0.08 IBN18 Broadcast Ltd. Media & Entertainment 28,365 21.17 0.07 Idea Cellular Ltd. Telecom - Services 40,425 20.28 0.07

Total 3,524.66 11.76

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Infrastructure Development Finance Co. Ltd. LAAA 447 4,447.09 14.84 Housing Development Finance Corp. Ltd. AAA 430 4,287.82 14.31 Indian Railway Finance Corporation AAA 403 4,058.93 13.55 Export Import Bank of India AAA 418 3,581.99 11.96 LIC Housing Finance Ltd. AAA 180 1,803.05 6.02 Rural Electrification Corporation Ltd. AAA 150 1,582.95 5.28

Total 19,761.83 65.96

Traded Scrips Power Finance Corporation Ltd. AAA 390 4,156.89 13.87

Total 4,156.89 13.87

(b) Privately Placed / Unlisted GE Capital Services India AAA 40 401.49 1.34

Total 401.49 1.34

Totals 27,844.87 92.93


Net Assets 29,961.45 100.00

FRANKLIN TEMPLETON CAPITAL PROTECTION ORIENTED FUND - 3 YEAR PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Infosys Technologies Ltd. Software 1,577 20.88 0.88 Bharti Airtel Ltd. Telecom - Services 3,000 18.77 0.79 Reliance Industries Ltd. Petroleum Products 1,167 17.78 0.75 Hero Honda Motors Ltd. Auto 1,472 15.75 0.66 HDFC Bank Ltd. Banks 1,548 14.98 0.63 Bharat Heavy Electricals Ltd. Industrial Capital Goods 953 14.34 0.60 Housing Development Finance Corp. Ltd. Finance 1,000 14.11 0.59 Grasim Industries Ltd. Cement 700 11.04 0.46 Marico Ltd. Consumer Non Durables 16,000 9.61 0.40 ICICI Bank Ltd. Banks 2,400 7.98 0.34 Kotak Mahindra Bank Ltd. Banks 2,587 7.32 0.31 Larsen & Toubro Ltd. Construction Project 1,000 6.73 0.28 Bharat Electronics Ltd. Industrial Capital Goods 709 6.26 0.26 ABB Ltd. India Industrial Capital Goods 1,451 6.20 0.26 Asian Paints Ltd. Consumer Non Durables 785 6.17 0.26 Nestle India Ltd. Consumer Non Durables 345 5.37 0.23 Bharat Petroleum Corp. Ltd. Petroleum Products 1,208 4.55 0.19 Lupin Laboratories Ltd. Pharmaceuticals 658 4.53 0.19 Great Eastern Shipping Co. Ltd. Transportation 2,390 4.49 0.19 ACC Ltd. Cement 678 3.91 0.16 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 276 3.07 0.13 Cummins India Ltd. Industrial Products 1,500 2.78 0.12 Mahindra & Mahindra Ltd. Auto 685 2.62 0.11 Siemens India Ltd. Industrial Capital Goods 970 2.61 0.11 Television Eighteen India Ltd. Media & Entertainment 3,562 2.50 0.11 Oil & Natural Gas Corp. Ltd. Oil 202 1.58 0.07 Idea Cellular Ltd. Telecom - Services 2,562 1.29 0.05 IBN18 Broadcast Ltd. Media & Entertainment 1,705 1.28 0.05

Total 218.50 9.18

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Housing Development Finance Corp. Ltd. AAA 42 389.90 16.39 Power Finance Corp Limited AAA 33 328.31 13.80 GE Capital (India) AAA 32 323.23 13.59 NABARD AAA 18 180.60 7.59 LIC Housing Finance Ltd. AAA 10 101.46 4.26

Total 1,323.50 55.63

(b) Privately Placed / Unlisted Infrastructure Development Finance Corporation LAAA 32 323.67 13.60

Total 323.67 13.60

(c) Securitized Debt Instruments Long Bond Receivables Trust 2007 - Series V(Originator - Standard Chartered Investmentsand Loans) AAA (SO) 3 278.06 11.69

Total 278.06 11.69

Totals 2,143.73 90.10


Net Assets 2,379.27 100.00

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES VIII 60 MONTHS PLAN - PLAN A (Contd.) TEMPLETON INDIA CHILDREN'S ASSET PLAN - EDUCATION PLAN (Contd.) FRANKLIN TEMPLETON CAPITAL SAFETY FUND - 3 YEARS PLAN (Contd.)











d) ** Total value and percentage of illiquid securities Rs. 0.03 Lakhs and 0.000148% of net assets

*Less than 0.01%

TEMPLETON INDIA CHILDREN'S ASSET PLAN - EDUCATION PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Bharti Airtel Ltd. Telecom - Services 993 6.21 4.91 Hero Honda Motors Ltd. Auto 125 1.34 1.06 Infosys Technologies Ltd. Software 101 1.34 1.06 Reliance Industries Ltd. Petroleum Products 79 1.20 0.95 Housing Development Finance Corp. Ltd. Finance 80 1.13 0.89 Lupin Laboratories Ltd. Pharmaceuticals 135 0.93 0.74 Cipla Ltd. Pharmaceuticals 420 0.92 0.73 HDFC Bank Ltd. Banks 94 0.91 0.72 Dabur India Ltd. Consumer Non Durables 909 0.90 0.71 Grasim Industries Ltd. Cement 50 0.79 0.62 Britannia Industries Ltd. Consumer Non Durables 50 0.70 0.55 Kotak Mahindra Bank Ltd. Banks 247 0.70 0.55 Bharat Heavy Electricals Ltd. Industrial Capital Goods 45 0.68 0.54 Larsen & Toubro Ltd. Construction Project 96 0.65 0.51 Marico Ltd. Consumer Non Durables 957 0.57 0.45 Reliance Petroleum Ltd. Petroleum Products 429 0.41 0.32 Bharat Electronics Ltd. Industrial Capital Goods 45 0.40 0.32 Asian Paints Ltd. Consumer Non Durables 50 0.39 0.31 ABB Ltd. India Industrial Capital Goods 89 0.38 0.30 Nestle India Ltd. Consumer Non Durables 22 0.34 0.27 ICICI Bank Ltd. Banks 96 0.32 0.25 Cummins India Ltd. Industrial Products 161 0.30 0.24 Bharat Petroleum Corp. Ltd. Petroleum Products 79 0.30 0.24 Great Eastern Shipping Co. Ltd. Transportation 158 0.30 0.24 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 18 0.19 0.15 Siemens India Ltd. Industrial Capital Goods 56 0.15 0.12 Mahindra & Mahindra Ltd. Auto 36 0.14 0.11 Infrastructure Development Finance Co. Ltd. Finance 250 0.14 0.11 Oil & Natural Gas Corp. Ltd. Oil 13 0.10 0.08 Television Eighteen India Ltd. Media & Entertainment 124 0.09 0.07 Idea Cellular Ltd. Telecom - Services 169 0.08 0.06 IBN18 Broadcast Ltd. Media & Entertainment 110 0.08 0.06

Total 23.08 18.24

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Housing Development Finance Corporation Ltd AAA 1 9.98 7.89

Total 9.98 7.89

Totals 33.06 26.13


Net Assets 126.44 100.00


NAV as on 30-Sep-2008 27.0493

NAV as on 31-Mar-2009 26.8383



TEMPLETON INDIA CHILDREN'S ASSET PLAN - GIFT PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Reliance Industries Ltd. Petroleum Products 1,896 28.88 6.55 Hero Honda Motors Ltd. Auto 2,200 23.54 5.34 HDFC Bank Ltd. Banks 2,391 23.14 5.25 Infosys Technologies Ltd. Software 1,568 20.76 4.71 Bharti Airtel Ltd. Telecom - Services 3,203 20.04 4.55 Housing Development Finance Corp. Ltd. Finance 1,157 16.33 3.71 Merck Ltd. Pharmaceuticals 4,000 14.46 3.28 Bharat Heavy Electricals Ltd. Industrial Capital Goods 886 13.33 3.02 Larsen & Toubro Ltd. Construction Project 1,941 13.06 2.96 Kotak Mahindra Bank Ltd. Banks 4,304 12.18 2.76 Marico Ltd. Consumer Non Durables 19,127 11.49 2.61 Grasim Industries Ltd. Cement 728 11.48 2.60 Nestle India Ltd. Consumer Non Durables 682 10.61 2.41 ABB Ltd. India Industrial Capital Goods 1,925 8.23 1.87 ICICI Bank Ltd. Banks 2,373 7.89 1.79 Cummins India Ltd. Industrial Products 3,376 6.27 1.42 Reliance Petroleum Ltd. Petroleum Products 5,275 5.02 1.14 Mahindra & Mahindra Ltd. Auto 1,296 4.97 1.13 Bharat Electronics Ltd. Industrial Capital Goods 525 4.64 1.05 Sterlite Industries (India) Ltd. Non - Ferrous Metals 1,300 4.62 1.05 Asian Paints Ltd. Consumer Non Durables 587 4.61 1.05 Bharat Petroleum Corp. Ltd. Petroleum Products 1,222 4.60 1.04 Great Eastern Shipping Co. Ltd. Transportation 2,299 4.32 0.98 Infrastructure Development Finance Co. Ltd. Finance 7,600 4.12 0.93 Lupin Laboratories Ltd. Pharmaceuticals 500 3.45 0.78 Cipla Ltd. Pharmaceuticals 1,456 3.20 0.73 Dabur India Ltd. Consumer Non Durables 3,149 3.11 0.71 Idea Cellular Ltd. Telecom - Services 5,968 2.99 0.68 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 266 2.96 0.67 Siemens India Ltd. Industrial Capital Goods 952 2.57 0.58 Oil & Natural Gas Corp. Ltd. Oil 194 1.51 0.34 IBN18 Broadcast Ltd. Media & Entertainment 1,955 1.46 0.33 Britannia Industries Ltd. Consumer Non Durables 100 1.41 0.32 Tata Steel Ltd. Ferrous Metals 670 1.38 0.31 Television Eighteen India Ltd. Media & Entertainment 1,802 1.25 0.28

Total 303.88 68.93


(a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded ScripsHousing Development Finance Corp.Ltd. AAA 4 39.89 9.05

Total 39.89 9.05

Money Market InstrumentsCommercial PaperReliance Telecom Ltd. A1+ 15 72.40 16.43

Total 72.40 16.43

Totals 416.17 94.41


Net Assets 440.75 100.00
















FRANKLIN TEMPLETON CAPITAL SAFETY FUND - 3 YEARS PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Housing Development Finance Corp. Ltd. Finance 13,677 193.01 0.77 Infosys Technologies Ltd. Software 13,733 181.84 0.73 Reliance Industries Ltd. Petroleum Products 10,377 158.06 0.63 Bharti Airtel Ltd. Telecom - Services 25,179 157.57 0.63 Grasim Industries Ltd. Cement 8,919 140.63 0.56 Hero Honda Motors Ltd. Auto 13,139 140.61 0.56 HDFC Bank Ltd. Banks 12,913 124.98 0.50 Larsen & Toubro Ltd. Construction Project 17,008 114.40 0.46 Bharat Heavy Electricals Ltd. Industrial Capital Goods 6,386 96.07 0.38 Marico Ltd. Consumer Non Durables 131,679 79.07 0.32 ICICI Bank Ltd. Banks 18,959 63.06 0.25 Kotak Mahindra Bank Ltd. Banks 21,351 60.41 0.24 Bharat Electronics Ltd. Industrial Capital Goods 6,327 55.86 0.22 ABB Ltd. India Industrial Capital Goods 12,177 52.04 0.21 Nestle India Ltd. Consumer Non Durables 3,080 47.94 0.19 Cummins India Ltd. Industrial Products 23,096 42.88 0.17 Bharat Petroleum Corp. Ltd. Petroleum Products 10,767 40.55 0.16 Lupin Laboratories Ltd. Pharmaceuticals 5,865 40.42 0.16 Great Eastern Shipping Co. Ltd. Transportation 21,339 40.10 0.16 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 2,468 27.45 0.11 Television Eighteen India Ltd. Media & Entertainment 32,144 22.55 0.09 Siemens India Ltd. Industrial Capital Goods 7,604 20.49 0.08 Mahindra & Mahindra Ltd. Auto 5,101 19.55 0.08 Oil & Natural Gas Corp. Ltd. Oil 1,803 14.06 0.06 Idea Cellular Ltd. Telecom - Services 22,877 11.47 0.05 IBN18 Broadcast Ltd. Media & Entertainment 15,155 11.32 0.05

Total 1,956.39 7.82

Debt Instruments Rating(a) Listed / awaiting listing on Stock ExchangesNon - Traded / Thinly Traded ScripsNABARD AAA 330 3,311.05 13.21 Housing Development Finance Corp. Ltd. AAA 330 3,307.35 13.20 GE Capital (India) Ltd. AAA 218 2,202.00 8.79 Power Grid Corp. of India AAA 60 624.38 2.49 Power Finance Corporation AAA 47 470.31 1.88 LIC Housing Finance Ltd. AAA 30 304.35 1.21 Infrastructure Development Finance Co. Ltd. LAAA 20 190.57 0.76

Total 10,410.01 41.54

(b) Privately Placed / UnlistedGE Money Financial Services Ltd. AAA 250 2,509.51 10.02 GE Capital Services (India) Limited AAA 110 1,104.10 4.41

Total 3,613.61 14.43

(c) Securitised Debt Instruments Receivable Sec Trust Sr III A6 (Originator: IDFC) LAAA (SO) 30 3,041.79 12.14

Total 3,041.79 12.14

Money Market InstrumentsCertificate of DepositExport Import Bank of India AAA 4,200 3,944.25 15.74

Total 3,944.25 15.74

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES 1- 60 MONTHS PLAN FRANKLIN TEMPLETON FIXED TENURE - SERIES II - 60 MONTHS PLAN (Contd.)

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related(a) Listed/Awaiting listing on Stock ExchangesHDFC Bank Ltd. Banks 20,244 195.93 2.42 Bharti Airtel Ltd. Telecom - Services 28,929 181.04 2.24 Infosys Technologies Ltd. Software 10,747 142.30 1.76 Reliance Industries Ltd. Petroleum Products 7,731 117.76 1.46 Housing Development Finance Corp. Ltd. Finance 8,310 117.27 1.45 Hero Honda Motors Ltd. Auto 9,718 104.00 1.29 Grasim Industries Ltd. Cement 5,983 94.34 1.17 Bharat Heavy Electricals Ltd. Industrial Capital Goods 5,353 80.53 1.00 Marico Ltd. Consumer Non Durables 97,873 58.77 0.73 ICICI Bank Ltd. Banks 15,844 52.70 0.65 Larsen & Toubro Ltd. Construction Project 7,600 51.12 0.63 Kotak Mahindra Bank Ltd. Banks 16,959 47.99 0.59 ABB Ltd. India Industrial Capital Goods 9,672 41.34 0.51 Reliance Petroleum Ltd. Petroleum Products 41,954 39.92 0.49 Bharat Electronics Ltd. Industrial Capital Goods 4,346 38.37 0.47 Cummins India Ltd. Industrial Products 19,772 36.71 0.45 Nestle India Ltd. Consumer Non Durables 2,269 35.31 0.44 Bharat Petroleum Corp. Ltd. Petroleum Products 8,020 30.21 0.37 Great Eastern Shipping Co. Ltd. Transportation 15,723 29.54 0.37 Lupin Laboratories Ltd. Pharmaceuticals 3,972 27.38 0.34 Cipla Ltd. Pharmaceuticals 12,336 27.11 0.34 Infrastructure Development Finance Co. Ltd. Finance 50,000 27.10 0.33 Dabur India Ltd. Consumer Non Durables 26,678 26.33 0.33 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1,819 20.23 0.25 Mahindra & Mahindra Ltd. Auto 4,276 16.39 0.20 Siemens India Ltd. Industrial Capital Goods 6,040 16.28 0.20 Television Eighteen India Ltd. Media & Entertainment 22,992 16.13 0.20 Oil & Natural Gas Corp. Ltd. Oil 1,328 10.35 0.13 IBN18 Broadcast Ltd. Media & Entertainment 12,130 9.05 0.11 Idea Cellular Ltd. Telecom - Services 16,849 8.44 0.10

Total 1,699.94 21.02

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Sundaram BNP Paribas Home Finance Ltd. LAA 40 408.19 5.04 Cholamandalam DBS Finance Ltd LAA- 30 299.97 3.71 Tata Sons Ltd. AAA 25 250.69 3.10 Shriram Transport Finance Co. Ltd. AA (IND) 10 102.88 1.27

Total 1,061.73 13.12

(b) Privately Placed / Unlisted Cholamandalam DBS Finance Ltd LAA- 50 505.73 6.25 Kotak Mahindra Prime Ltd. LAA 20 201.65 2.49 Shriram Transport Finance Co. Ltd. AA (IND) 10 103.39 1.28 Citibank N.A. AA+ 1 102.59 1.27

Total 913.36 11.29

(c) Securitised Debt Instruments Long Bond Receivables Trust 2007 - SeriesV (Originator - Standard CharteredInvestments and Loans) AAA (SO) 5 463.43 5.73 Coporate Loan Securitisation Series56 A2 Trust 2008(Originator Kotak Mahindra Bank Ltd.) AA (IND) (SO) 1 102.68 1.27

Total 566.11 7.00

Money Market Instruments Commercial Paper Reliance Capital Ltd. A1+ 40 199.60 2.47

Total 199.60 2.47

Certificate of Deposit State Bank Of Patiala P1+ 2,500 2,340.11 28.92 Canara Bank P1+ 1,100 1,023.94 12.65

Total 3,364.05 41.57

Totals 7,804.79 96.47


Net Assets 8,092.1 0 100.00

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES III- 36 MONTHS PLAN (As at December 23, 2008)

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Cash & Other Assets 10,336.31 100.00Net Assets 10,336.31 100.00


FRANKLIN TEMPLETON FIXED TENURE - SERIES II - 60 MONTHS PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges HDFC Bank Ltd. Banks 35,718 345.70 3.42 Bharti Airtel Ltd. Telecom - Services 51,103 319.80 3.16 Infosys Technologies Ltd. Software 18,605 246.35 2.43 Housing Development Finance Corp. Ltd. Finance 15,000 211.68 2.09 Reliance Industries Ltd. Petroleum Products 13,853 211.01 2.08 Grasim Industries Ltd. Cement 12,704 200.32 1.98 Hero Honda Motors Ltd. Auto 17,448 186.72 1.84 Larsen & Toubro Ltd. Construction Project 23,876 160.60 1.59 Bharat Heavy Electricals Ltd. Industrial Capital Goods 9,284 139.66 1.38 Marico Ltd. Consumer Non Durables 188,235 113.04 1.12 Kotak Mahindra Bank Ltd. Banks 31,351 88.71 0.88 ICICI Bank Ltd. Banks 26,195 87.12 0.86 ABB Ltd. India Industrial Capital Goods 17,881 76.42 0.76 Reliance Petroleum Ltd. Petroleum Products 74,055 70.46 0.70 Bharat Electronics Ltd. Industrial Capital Goods 7,657 67.60 0.67 Cummins India Ltd. Industrial Products 34,133 63.37 0.63 Nestle India Ltd. Consumer Non Durables 4,058 63.16 0.62 Bharat Petroleum Corp. Ltd. Petroleum Products 14,364 54.10 0.53 Great Eastern Shipping Co. Ltd. Transportation 28,112 52.82 0.52 Lupin Laboratories Ltd. Pharmaceuticals 7,002 48.26 0.48 Cipla Ltd. Pharmaceuticals 21,775 47.85 0.47 Dabur India Ltd. Consumer Non Durables 47,089 46.48 0.46 Infrastructure Development Finance Co. Ltd. Finance 80,000 43.36 0.43 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 3,252 36.17 0.36 Siemens India Ltd. Industrial Capital Goods 11,166 30.09 0.30 Mahindra & Mahindra Ltd. Auto 7,416 28.42 0.28 Television Eighteen India Ltd. Media & Entertainment 37,821 26.53 0.26 Oil & Natural Gas Corp. Ltd. Oil 2,375 18.52 0.18 IBN18 Broadcast Ltd. Media & Entertainment 22,015 16.43 0.16 Idea Cellular Ltd. Telecom - Services 30,124 15.12 0.15

Total 3,115.87 30.79

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Shriram Transport Finance Co. Ltd. AA (IND) 120 1,234.50 12.20 Cholamandalam DBS Finance Ltd. LAA- 60 599.94 5.93 Sundaram Finance Ltd. AA+ 46 472.32 4.67 Cholamandalam DBS Finance Ltd. LAA- 20 197.92 1.96 Tata Sons Ltd. AAA 5 50.15 0.50

Total 2,554.83 25.26

(b) Privately Placed / Unlisted TML Financial Services Ltd. LA+ 110 1,090.59 10.78 Citifinancial Consumer Finance India Ltd. AA+ 20 148.77 1.47

Total 1,239.36 12.25

(c) Securitised Debt Instruments Long Bond Receivables Trust 2007 - SeriesV (Originator - Standard Chartered Investmentsand Loans) AAA (SO) 20 1,853.72 18.32 JUS Trust PTC - Jet Airways Series 9(Originator - UTI Bank Ltd.) AAA (SO) 1,500,000 870.28 8.60 Coporate Loan SecuritisationSeries 56 A2 Trust 2008(Originator Kotak Mahindra Bank Ltd.) AA (IND) (SO) 2 205.36 2.03

Total 2,929.36 28.95

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES VI - 60 MONTHS PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related(a) Listed/Awaiting listing on Stock ExchangesHDFC Bank Ltd. Banks 35,768 346.18 2.41 Bharti Airtel Ltd. Telecom - Services 50,886 318.44 2.22 Infosys Technologies Ltd. Software 21,014 278.25 1.94 Housing Development Finance Corp. Ltd. Finance 16,862 237.96 1.66 Reliance Industries Ltd. Petroleum Products 14,683 223.65 1.56 Grasim Industries Ltd. Cement 14,118 222.61 1.55 Hero Honda Motors Ltd. Auto 18,301 195.85 1.36 Larsen & Toubro Ltd. Construction Project 26,550 178.59 1.24 Bharat Heavy Electricals Ltd. Industrial Capital Goods 9,867 148.43 1.03 Marico Ltd. Consumer Non Durables 214,908 129.05 0.90 Kotak Mahindra Bank Ltd. Banks 34,835 98.57 0.69 ICICI Bank Ltd. Banks 29,202 97.13 0.68 ABB Ltd. India Industrial Capital Goods 19,868 84.92 0.59 Reliance Petroleum Ltd. Petroleum Products 78,420 74.62 0.52 Cummins India Ltd. Industrial Products 37,970 70.49 0.49 Bharat Electronics Ltd. Industrial Capital Goods 7,652 67.56 0.47 Nestle India Ltd. Consumer Non Durables 4,263 66.35 0.46 Bharat Petroleum Corp. Ltd. Petroleum Products 15,214 57.30 0.40 Great Eastern Shipping Co. Ltd. Transportation 29,535 55.50 0.39 Cipla Ltd. Pharmaceuticals 23,186 50.95 0.35 Dabur India Ltd. Consumer Non Durables 50,141 49.49 0.34 Infrastructure Development Finance Co. Ltd. Finance 90,000 48.78 0.34 Lupin Laboratories Ltd. Pharmaceuticals 6,997 48.22 0.34 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 3,416 38.00 0.26 Siemens India Ltd. Industrial Capital Goods 12,406 33.43 0.23 Mahindra & Mahindra Ltd. Auto 7,881 30.20 0.21 Television Eighteen India Ltd. Media & Entertainment 41,599 29.18 0.20 Oil & Natural Gas Corp. Ltd. Oil 2,494 19.45 0.14 IBN18 Broadcast Ltd. Media & Entertainment 25,015 18.67 0.13 Idea Cellular Ltd. Telecom - Services 31,633 15.86 0.11

Total 3,333.68 23.21

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Rural Electrification Corporation Ltd. AAA 100 1,055.30 7.35 Power Grid Corp of India AAA 50 521.64 3.63 Tata Sons Ltd. LAAA 40 397.64 2.77 LIC Housing Finance Ltd. AAA 20 196.21 1.37 Cholamandalam DBS Finance Ltd. LAA- 10 99.99 0.70

Total 2,270.78 15.82

Traded Scrips Power Finance Corp. Ltd. AAA 100 1,041.07 7.25

Total 1,041.07 7.25

(b) Privately Placed / Unlisted Shriram Transport Finance Co. Ltd. AA (IND) 218 2,253.83 15.70 Tata Steel Ltd. AAA (IND) 200 2,011.98 14.02

Total 4,265.81 29.72

(c) Securities Debt Instruments Indian Loan Securitisation Trust Series 2 BTrust 2008 (Originator : Cholamandalam DBSFinance Ltd.) AAA (SO) 11 976.96 6.81 Investment Vehicle For Structured Transactions1208 Series A3ZB (Originator - ICICI Bank) AAA (SO) 9 704.48 4.91 Credit Asset Trust Series XLVII A1(PO)(Orig: HSBC) AAA (IND) (SO) 5 512.38 3.57 Receivable Sec Trust Sr III A6(Originator: IDFC) LAAA (SO) 3 304.18 2.12

Total 2,498.00 17.41

Totals 13,409.34 93.41


Net Assets 14,355.71 100.00

FRANKLIN TEMPLETON FIXED TENURE FUND-SERIES VIII - 60 MONTHS PLAN - PLAN A

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges Bharti Airtel Ltd. Telecom - Services 17,784 111.29 2.51 HDFC Bank Ltd. Banks 11,055 107.00 2.41 Infosys Technologies Ltd. Software 6,595 87.32 1.97 Housing Development Finance Corp. Ltd. Finance 5,176 73.04 1.65 Reliance Industries Ltd. Petroleum Products 4,556 69.40 1.57 Hero Honda Motors Ltd. Auto 5,687 60.86 1.37 Bharat Heavy Electricals Ltd. Industrial Capital Goods 3,732 56.14 1.27 Marico Ltd. Consumer Non Durables 75,707 45.46 1.03 Grasim Industries Ltd. Cement 2,712 42.76 0.96 Larsen & Toubro Ltd. Construction Project 6,188 41.62 0.94 Kotak Mahindra Bank Ltd. Banks 10,048 28.43 0.64 ICICI Bank Ltd. Banks 8,000 26.61 0.60 Cummins India Ltd. Industrial Products 12,000 22.28 0.50 Reliance Petroleum Ltd. Petroleum Products 22,883 21.77 0.49 Bharat Electronics Ltd. Industrial Capital Goods 2,364 20.87 0.47 Nestle India Ltd. Consumer Non Durables 1,323 20.59 0.46 Bharat Petroleum Corp. Ltd. Petroleum Products 4,703 17.71 0.40 Great Eastern Shipping Co. Ltd. Transportation 9,165 17.22 0.39 Cipla Ltd. Pharmaceuticals 6,763 14.86 0.34 Lupin Laboratories Ltd. Pharmaceuticals 2,165 14.92 0.34 Dabur India Ltd. Consumer Non Durables 14,625 14.43 0.33 Infrastructure Development Finance Co. Ltd. Finance 25,000 13.55 0.31 Siemens India Ltd. Industrial Capital Goods 4,618 12.45 0.28 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1,060 11.79 0.27 Mahindra & Mahindra Ltd. Auto 2,981 11.42 0.26 ABB Ltd. India Industrial Capital Goods 2,500 10.69 0.24 Television Eighteen India Ltd. Media & Entertainment 11,806 8.28 0.19 IBN18 Broadcast Ltd. Media & Entertainment 9,305 6.95 0.16 Oil & Natural Gas Corp. Ltd. Oil 773 6.04 0.14 Idea Cellular Ltd. Telecom - Services 9,810 4.93 0.11

Total 1,000.68 22.60

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Traded Scrips Power Finance Corp. Ltd. AAA 60 606.38 13.68

Total 606.38 13.68

(b) Privately Placed / UnlistedCitifinancial Consumer Finance India Ltd. AA+ 70 520.70 11.74 Tata Steel Ltd. AAA (IND) 50 503.00 11.35

Total 1,023.70 23.09

(c) Securitised Debt Instruments Credit Asset Trust Series XLVII A1(PO)(Orig: HSBC) AAA (IND) (SO) 6 614.85 13.87 Indian Loan Securitisation Trust Series 2 BTrust 2008 (Originator : Kotak MahindraBank Ltd.) AAA (SO) 5 444.07 10.02 Coporate Loan Securitisation Series 56 A2 Trust2008 (Originator Kotak Mahindra Bank Ltd.) AA (IND) (SO) 4 410.72 9.26

Total 1,469.64 33.15

Totals 4,100.40 92.52


Net Assets 4,434.62 100.00

Note:a) NAV at the beginning of the Half-year and at the maturity date i.e. December 23, 2008 NAV as on 30-Sep-2008 Growth Plan (Rs) 12.5405 Dividend Plan (Rs) 10.9194

NAV as on 23-Dec-2008 Growth Plan (Rs) 12.2623 Dividend Plan (Rs) 10.0000 b) Aggregate Dividends declared during the Half - year ended March 31, 2009:

Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Growth Plan (Rs) 13.0688 Dividend Plan (Rs) 11.3168 NAV as on 31-Mar-2009 Growth Plan (Rs) 12.8798 Dividend Plan (Rs) 11.1531 b) Dividends declared during the Half - year ended March 31, 2009: NIL


Money Market InstrumentsCommercial Paper Sundaram BNP Paribas Home Finance Ltd. P1+ 20 96.31 0.95

Total 96.31 0.95

Totals 9,935.73 98.20


Net Assets 10,120.69 100.00

Dividend per unit Plan Name Individuals/HUF Others Dividend 0.5932 0.5521

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES IV - 60 MONTHS PLAN

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges

HDFC Bank Ltd. Banks 19,753 191.18 2.41

Bharti Airtel Ltd. Telecom - Services 28,242 176.74 2.23

Infosys Technologies Ltd. Software 10,677 141.37 1.78

Housing Development Finance Corp. Ltd. Finance 9,297 131.20 1.66

Reliance Industries Ltd. Petroleum Products 7,904 120.39 1.52

Grasim Industries Ltd. Cement 7,063 111.37 1.40

Hero Honda Motors Ltd. Auto 9,911 106.06 1.34

Larsen & Toubro Ltd. Construction Project 13,272 89.27 1.13

Bharat Heavy Electricals Ltd. Industrial Capital Goods 5,148 77.44 0.98

Marico Ltd. Consumer Non Durables 107,034 64.27 0.81

Kotak Mahindra Bank Ltd. Banks 17,736 50.18 0.63

ICICI Bank Ltd. Banks 14,589 48.52 0.61

ABB Ltd. Industrial Capital Goods 10,115 43.23 0.55

Reliance Petroleum Ltd. Petroleum Products 42,470 40.41 0.51

Bharat Electronics Ltd. Industrial Capital Goods 4,234 37.38 0.47

Nestle India Ltd. Consumer Non Durables 2,283 35.53 0.45

Cummins India Ltd. Industrial Products 18,994 35.26 0.44

Bharat Petroleum Corp. Ltd. Petroleum Products 8,198 30.88 0.39

Great Eastern Shipping Co. Ltd. Transportation 15,818 29.72 0.37

Cipla Ltd. Pharmaceuticals 12,490 27.45 0.35

Dabur India Ltd. Consumer Non Durables 27,010 26.66 0.34

Infrastructure Development Finance Co. Ltd. Finance 50,000 27.10 0.34

Lupin Laboratories Ltd. Pharmaceuticals 3,870 26.67 0.34

Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1,829 20.34 0.26

Siemens India Ltd. Industrial Capital Goods 6,316 17.02 0.21

Mahindra & Mahindra Ltd. Auto 4,112 15.76 0.20

Television Eighteen India Ltd. Media & Entertainment 21,184 14.86 0.19

Oil & Natural Gas Corp. Ltd. Oil 1,335 10.42 0.13

IBN18 Broadcast Ltd. Media & Entertainment 12,730 9.51 0.12

Idea Cellular Ltd. Telecom - Services 16,941 8.51 0.11

Total 1,764.70 22.27

Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded ScripsPower Finance Corporation AAA 50 509.60 6.43

Indian Railway Finance Corp. AAA 50 507.31 6.40


Tata Sons Ltd. AAA 20 200.56 2.53

Housing Development Finance Corp. Ltd. AAA 14 139.60 1.76

National Housing Bank AAA 10 100.39 1.27

Total 1,766.09 22.28

(b) Privately Placed / Unlisted Tata Steel Ltd. AAA (IND) 70 704.20 8.88 Kotak Mahindra Prime Ltd. LAA 40 403.30 5.09

Total 1,107.50 13.97

(c) Securitised Debt Instruments

Receivable Sec Trust Sr III A6

(Originator: IDFC) LAAA (SO) 11 1,115.32 14.07

Indian Loan Securitisation Trust

Series 2 B Trust 2008

(Originator : Cholamandalam DBS Finance Ltd.) AAA (SO) 6 532.89 6.72

Coporate Loan Securitisation Series

56 A2 Trust 2008 (Originator Kotak

Mahindra Bank Ltd.) AA (IND) (SO) 2 205.36 2.59

Long Bond Receivables Trust 2007 - Series V

(Originator - Standard Chartered Investments

and Loans) AAA (SO) 2 185.37 2.34

Receivable Sec Trust Sr IV A1

(Originator: Magma Shrachi Finance Ltd.) AAA (SO) 4 184.64 2.33



Total 2,400.87 30.29

Totals 7,039.16 88.81


Net Assets 7,927.14 100.00

Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Growth Plan (Rs) 11.8321 Dividend Plan (Rs) 10.3915 NAV as on 31-Mar-2009 Growth Plan (Rs) 11.6534 Dividend Plan (Rs) 10.2346 b) Dividends declared during the Half - year ended March 31, 2009: NIL c) Average Maturity as on March 31, 2009 1 .21 Years


NAV as on 30-Sep-2008 Growth Plan (Rs) 11.4743


NAV as on 31-Mar-2009 Growth Plan (Rs) 11.2291




Note:a) NAV at the beginning and at the end of the Half - year ended March 31, 2009






TEMPLETON INDIA TREASURY MANAGEMENT ACCOUNT

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips LIC Housing Finance Ltd. AAA 510 5,173.93 3.38 Housing Development Finance Corp. Ltd. AAA 100 997.53 0.65 National Housing Bank AAA 80 803.11 0.52 Citifinancial Consumer Finance India Ltd. AA+ 50 500.12 0.33

Total 7,474.69 4.88

(b) Privately Placed / Unlisted Citicorp Finance (India) Ltd. AA+ 50 500.39 0.33

Total 500.39 0.33

(c) Securitised Debt Instruments LRST A 2008 SrA2(Originator - JPMorganChase Bank) AAA (IND) (SO) 57 5,183.94 3.38 Indian Retail ABS Trust PTC Series 85 A1 B(Originator: ICICI Bank Ltd.) AAA (SO) 117 2,432.52 1.59 Corporate Debt Trust 2008-09 Sr 4 A1(Orig: Axis Bank Ltd.) P1+(SO) 23 2,093.51 1.37 Indian Loan Securitisation Trust Series 2 ATrust 2008(Originator : Kotak Mahindra Bank Ltd.) AAA (SO) 65 677.26 0.44 Auto Securitisation Trust Mix A Sra1(Originator - Tata Motors Finance Ltd.) AAA(SO) 70 520.31 0.34 Credit Asset Trust Series XLVIII A1(IO)(Orig: HSBC) F1+(IND)(SO) 2 56.88 0.04 Indian Retail ABS Trust PTC Series 68 A1(Originator - ICICI Bank Ltd.) LAAA (SO) 254 25.89 0.02

Total 10,990.31 7.18

Money Market Instruments Commercial Paper Reliance Capital Ltd. A1+ 1,860 9,123.13 5.96 Edelweiss Capital Ltd. P1+ 1,780 8,564.06 5.59 Reliance Telecom Ltd. A1+ 1,060 5,116.50 3.34 Kotak Mahindra Prime Ltd. P1+ 960 4,688.33 3.06 JM Financial Products Pvt. Ltd. P1+ 740 3,515.30 2.29 Sundaram BNP Paribas Home Finance Ltd. P1+ 610 2,937.49 1.92 GE Capital Services Ltd. P1+ 400 1,939.36 1.27 ICICI Home Finance Co. Ltd. A1+ 100 487.70 0.32 ICICI Home Finance Co. Ltd. P1+ 100 481.43 0.31

Total 36,853.30 24.06

Certificate of Deposit State Bank Of Indore P1+ 7,500 7,431.77 4.85 Vijaya Bank PR1+ 5,000 4,962.02 3.24 IDBI Bank Ltd. A1+ 5,000 4,914.32 3.21 Punjab National Bank PR1+ 2,500 2,482.99 1.62 ICICI Bank Ltd. A1+ 150 142.34 0.09

Total 19,933.44 13.01

Fixed Deposit ICICI Bank Ltd. 15,007.00 9.80 State Bank of Patiala 9,500.00 6.20 Yes Bank Ltd. 4,000.00 2.61 State Bank of Mysore 1,000.00 0.65 State Bank of Travancore 1,000.00 0.65

Total 30,507.00 19.91

Totals 106,259.13 69.37


Net Assets 153,178.78 100.00

TEMPLETON INDIA CASH MANAGEMENT ACCOUNTTEMPLETON INDIA GOVERNMENT SECURITIES FUND - LONG TERM PLAN

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips National Housing Bank AAA 650 6,525.30 14.24 Citifinancial Consumer Finance India Ltd. AA+ 35 346.24 0.76

Total 6,871.54 15.00

(b) Securitised Debt Instruments RPS Securitisation Trust -

Tata Teleservices Receivables PTC LAAA (SO) 30,000,000 2,230.64 4.87

Indian Loan Securitisation Trust Series 2 ATrust 2008

(Originator : Kotak Mahindra Bank Ltd.) AAA (SO) 126 1,312.84 2.87

Indian Retail ABS Trust PTC Series SR. 87A3

(Originator: ICICI Bank Ltd.) LAAA (SO) 8 814.47 1.78

Receivable Sec Trust Sr IV A1

(Originator: Magma Shrachi Finance Ltd.) AAA (SO) 13 600.07 1.31



Indian Retail ABS Trust PTC Series 85 A1 B

(Originator: ICICI Bank Ltd.) AAA (SO) 12 249.49 0.54



ICLS Trust 2008 Series 39 A7

(Orig:Yes Bank Ltd.) F1+(IND)(SO) 1 90.32 0.20

Total 5,810.48 12.69

Money Market Instruments Commercial Paper Reliance Capital Ltd. A1+ 1,093 5,436.40 11.87 GE Capital Services Ltd. P1+ 300 1,454.52 3.18 Kotak Mahindra Prime Ltd. P1+ 72 354.86 0.77 Reliance Capital Ltd. P1+ 3 14.43 0.03

Total 7,260.21 15.85

Treasury Bill 91 Days T-Bill SOVEREIGN 100,000 99.68 0.22

Total 99.68 0.22

Fixed Deposits Kotak Mahindra Bank Ltd. 2,500.00 5.46 ICICI Bank Ltd. 2,495.00 5.45 ICICI Bank Ltd. 2,004.00 4.37 Citibank NA 2,000.00 4.37

Total 8,999.00 19.65

Total 29,040.91 63.41


Net Assets 45,810.49 100.00

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Citifinancial Consumer Finance India Ltd. AA+ 50 494.62 13.41 Total 494.62 13.41 (b) Privately Placed / Unlisted Kotak Mahindra Prime Ltd. LAA 50 498.87 13.52 Total 498.87 13.52 Money Market Instruments Certificate of Deposit ICICI Bank Ltd. A1+ 1,500 1,489.59 40.37 Total 1,489.59 40.37 Commercial Paper GE Capital Services Ltd. P1+ 200 987.21 26.76 Total 987.21 26.76 Totals 3,470.29 94.06 Cash & Other Assets 219.20 5.94 Net Assets 3,689.49 100.00

Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 11.5178 Retail Dividend Plan (Rs)# 10.3839 Institutional Growth (Rs)# 11.5743

NAV as on 31-Mar-2009 Retail Growth Plan (Rs) 12.0217 Retail Dividend Plan (Rs) 10.8383 Institutional Growth (Rs) 12.0988

b) Dividends declared during the Half - year ended March 31, 2009: NIL c) Average Maturity as on March 31, 2009 0.10 Years

Dividend per unitPlan Name Individuals/HUF Others Composite Dividend 1.1738 1.0925

TEMPLETON INDIA MONEY MARKET ACCOUNT

TEMPLETON INDIA MONEY MARKET ACCOUNT (Contd.)

Plan Name Dividend per unit / Bonus Ratio per 1000 units Daily Dividend 0.0360 Daily Bonus 0.0463

TEMPLETON INDIA GOVERNMENT SECURITIES FUND TREASURY PLAN (Contd.)


Money Market Instruments Commercial Paper Reliance Telecom Ltd. A1+ 200 965.38 22.29

Edelweiss Capital Ltd. P1+ 200 963.70 22.25

Kotak Mahindra Prime Ltd. P1+ 20 581.24 13.42

Sundaram Finance Ltd. P1+ 90 448.62 10.36

Reliance Capital Ltd. A1+ 20 99.80 2.30

Total 3,058.74 70.62

Certificate of Deposit

ICICI Bank A1+ 550 521.92 12.05

State Bank Of India P1+ 500 496.19 11.46

Total 1,018.11 23.51

Totals 4,076.85 94.13


Net Assets 4,331.48 100.00

Plan Name Dividend per unit Daily Dividend 0.2399


TEMPLETON INDIA GOVERNMENT SECURITIES FUND COMPOSITE/PF PLAN

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Goverment Securities 6.05% GOI 2019 SOVEREIGN 6,000,000 5,594.40 27.78

Total 5,594.40 27.78

Money Market Instrument Treasury Bill 91 Days T-Bill SOVEREIGN 9,000,000 8,945.86 44.43

Total 8,945.86 44.43

Totals 14,540.26 72.21


Net Assets 20,135.75 100.00

Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2007 NAV as on 30-Sep-2008 Composite Growth Plan (Rs)# 27.4597

Composite Dividend Plan (Rs)# 10.4391

PF Growth (Rs)# 12.0610

PF Dividend (Rs)# 12.0610 NAV as on 31-Mar-2009 Composite Growth Plan (Rs) 32.4086

Composite Dividend Plan (Rs) 10.9599

PF Growth (Rs) 14.2347

PF Dividend (Rs) 14.2347




Dividend per unitPlan Name Individuals/HUF Others Dividend 0.3416 0.3180


Dividend per unit/Bonus Ratio per 1000 unitsPlan Name Individuals/HUF Others Dividend Plan 1.1300 1.0517

Bonus Plan 104



Plan Name Dividend per unit

Regular Daily Dividend 46.0919

Regular Weekly Dividend 38.2222

Liquid Plan - Daily Dividend 29.5350

Liquid Plan - Weekly Dividend 29.7702

Institutional Plan - Daily Dividend 31.4463

Institutional Plan - Weekly Dividend 15.3344

Super Institutional Plan - Daily Dividend 32.2068

Super Institutional Plan - Weekly Dividend 33.1109


Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Daily Dividend (Rs) 1.0000 Daily Bonus (Rs) 1.0000

NAV as on 31-Mar-2009 Daily Dividend (Rs) 1.0000 Daily Bonus (Rs) 1.0000


Goverment Securities 6.05% GOI 2019 FEB SOVEREIGN 8,000,000 7,459.20 42.95 Total 7,459.20 42.95 Money Market Instrument Treasury Bill 91 Days T-Bill SOVEREIGN 4,500,000 4,476.44 25.78 Total 4,476.44 25.78 Totals 11,935.64 68.73 Cash & Other Assets 5,430.61 31.27 Net Assets 17,366.25 100.00 Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Growth Plan (Rs)# 18.9707 Dividend Plan (Rs)# 10.3025 Bonus Plan (Rs)# 11.4568 NAV as on 31-Mar-2009 Growth Plan (Rs) 22.4597 Dividend Plan (Rs) 10.8911 Bonus Plan (Rs) 12.2571


TEMPLETON FIXED HORIZON FUND - SERIES I - 13 MONTHS PLAN

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Money Market Instruments Commercial Paper Reliance Capital Ltd. A1+ 317 1,582.95 97.70 Sundaram BNP Paribas Home Finance Ltd P1+ 10 48.15 2.97

Total 1,631.10 100.67

Cash & Other Assets (10.92) (0.67)

Net Assets 1,620.18 100.00 Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 11.5577 Retail Dividend Plan (Rs)# 10.3874 Institutional Growth (Rs)# 11.6093



TEMPLETON FIXED HORIZON FUND- SERIES I -15 MONTHS PLAN

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Money Market Instruments Certificate of Deposit Yes Bank P1+ 145 711.07 99.96

Total 711.07 99.96 Cash & Other Assets 0.26 0.04 Net Assets 711.33 100.00 Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 11.2917 Retail Dividend Plan (Rs)# 10.2533 Institutional Growth (Rs)# 11.3397



TEMPLETON FIXED HORIZON FUND - SERIES II PLAN A



TEMPLETON INDIA GOVERNMENT SECURITIES FUND TREASURY PLAN

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Money Market Instrument Treasury Bill 91 Days T-Bill SOVEREIGN 4,500,000 4,487.84 40.51

Total 4,487.84 40.51 Cash & Other Assets 6,591.76 59.49 Net Assets 11,079.60 100.00


NAV as on 30-Sep-2008 Regular - Growth Plan (Rs) 2093.6157

Regular - Weekly Dividend Plan (Rs) 1245.0547 Regular - Daily Dividend Plan (Rs) 1512.3400 Institutional Growth (Rs) 1322.3538 Institutional Weekly (Rs) 1032.6298 Institutional Daily (Rs) 1000.6730 Liquid Growth (Rs) 1282.8308 Liquid Weekly (Rs) 1001.1489 Liquid Daily (Rs) 1000.6730 Super Institutional Growth (Rs) 1253.9197 Super Institutional Weekly (Rs) 1021.7491 Super Institutional Daily (Rs) 1000.6730

NAV as on 31-Mar-2009 Regular - Growth Plan (Rs) 2177.1098 Regular - Weekly Dividend Plan (Rs) 1244.7034 Regular - Daily Dividend Plan (Rs) 1512.3400 Institutional Growth (Rs) 1376.7520 Institutional Weekly (Rs) 1055.0548 Institutional Daily (Rs) 1000.6730 Liquid Growth (Rs) 1332.3430 Liquid Weekly (Rs) 1000.8664 Liquid Daily (Rs) 1000.6730 Super Institutional Growth (Rs) 1306.7828 Super Institutional Weekly (Rs) 1021.4609 Super Institutional Daily (Rs) 1000.6730 b) Aggregate Dividends declared during the Half - year ended March 31, 2009:

Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Growth Plan (Rs)# 15.3192 Dividend Plan (Rs)# 10.3492



NAV as on 30-Sep-2008 Growth Plan (Rs) 15.0358 Daily Dividend Plan (Rs) 10.0000

NAV as on 31-Mar-2009 Growth Plan (Rs) 15.5058 Daily Dividend Plan (Rs) 10.0000


TEMPLETON FIXED HORIZON FUND SERIES II PLAN B

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Money Market Instruments Commercial Paper GE Capital Services Ltd. P1+ 50 242.90 98.82

Total 242.90 98.82 Cash & Other Assets 2.91 1.18 Net Assets 245.81 100.00 Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 11.1983

Retail Dividend Plan (Rs)# 10.2131

Institutional Growth (Rs)# 11.2370

NAV as on 31-Mar-2009 Retail Growth Plan (Rs) 11.6907




Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips GE Capital Services (India) Ltd. AAA 32 315.41 13.42 Mahindra & Mahindra Financial Services Ltd. AA- 31 309.53 13.17 TML Financial Services Ltd. A 22 219.56 9.34 Kotak Mahindra Prime Ltd. LAA 21 208.16 8.86 Citifinancial Consumer Finance India Ltd. AA+ 15 148.39 6.31 Tata Sons Ltd. AAA 1 10.02 0.43

Total 1,211.07 51.53 (b) Privately Placed / Unlisted DSP Merrill Lynch Capital Ltd. AAA 317 312.37 13.29 GE Money Financial Services Ltd. AAA 31 307.20 13.07

Total 619.57 26.36 Money Market Instruments Commercial Paper Reliance Capital Ltd. A1+ 70 349.30 14.86

Total 349.30 14.86 Totals 2,179.94 92.75

Cash & Other Assets 170.35 7.25 Net Assets 2,350.29 100.00 Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 10.7849 Retail Dividend Plan (Rs)# 10.4829 Institutional Dividend (Rs)# 10.5028

NAV as on 31-Mar-2009 Retail Growth Plan (Rs) 11.3405 Retail Dividend Plan (Rs) 11.0223 Institutional Dividend (Rs) 11.0515


TEMPLETON FIXED HORIZON FUND-SERIES III PLAN A


Sundaram Finance Ltd. AA+ 19 195.09 13.55

Tata Sons Ltd. AAA 19 190.53 13.23

Total 385.62 26.78

(b) Privately Placed / Unlisted TML Financial Services Ltd. LA+ 20 198.29 13.77



GE Capital Services India Ltd. AAA 12 119.08 8.27

IDFC Ltd. LAAA 8 80.92 5.62

Total 714.98 49.65 (c) Securitized Debt Instruments IRS Trust Series I A3 (Originator: IDFC) LAAA (SO) 2 200.04 13.89

Total 200.04 13.89 Totals 1,300.64 90.32 Cash & Other Assets 139.10 9.68 Net Assets 1,439.74 100.00

Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 10.6764 Retail Dividend Plan (Rs)# 10.4245 Institutional Growth (Rs)# 10.6915 Institutional Dividend (Rs)# 10.4396

NAV as on 31-Mar-2009 Retail Growth Plan (Rs) 11.2967 Retail Dividend Plan (Rs) 11.0298 Institutional Growth (Rs) 11.3190 Institutional Dividend (Rs) 11.0521


TEMPLETON FIXED HORIZON FUND-SERIES IV PLAN A

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Money Market Instruments Treasury Bill 91 Days T-Bill SOVEREIGN 400,000 398.72 80.20

Total 398.72 80.20 Cash & Other Assets 98.45 19.80 Net Assets 497.17 100.00 Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 11.1178 Retail Dividend Plan (Rs)# 10.1943 Institutional Growth (Rs)# 10.1875 Institutional Dividend (Rs)# 10.1996

NAV as on 31-Mar-2009 Retail Growth Plan (Rs) 11.4223 Retail Dividend Plan (Rs) 10.0747 Institutional Dividend (Rs) 10.0795


TEMPLETON QUARTERLY INTERVAL PLAN - PLAN C

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Cash & Other Assets 225.16 100.00 Net Assets 225.16 100.00 Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 11.2647 Retail Dividend Plan (Rs)# 10.0468 Institutional Dividend (Rs)# 10.0483

NAV as on 31-Mar-2009 Retail Growth Plan (Rs) 11.5814 Retail Dividend Plan (Rs) 10.0255

b) Aggregate Dividends declared during the Half - year ended March 31, 2009

TEMPLETON QUARTERLY INTERVAL PLAN - PLAN B

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Money Market Instruments Treasury Bill 91 Days T-Bill SOVEREIGN 500,000 496.82 92.51

Total 496.82 92.51 Cash & Other Assets 40.24 7.49 Net Assets 537.06 100.00

Note:

a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 11.2658 Retail Dividend Plan (Rs)# 10.1359 Institutional Growth (Rs)# 11.3061 Institutional Dividend (Rs)# 10.1394


TEMPLETON QUARTERLY INTERVAL PLAN - PLAN A

TEMPLETON QUARTERLY INTERVAL PLAN - PLAN A (Contd.)


Dividend per unit Plan Name Individuals/HUF Others Retail Dividend 0.3235 0.3011 Institutional Dividend 0.3350 0.3118


Dividend per unit Plan Name Individuals/HUF Others Retail Dividend 0.2672 0.2487 Institutional Dividend 0.1916 0.1783

Dividend per unitPlan Name Individuals/HUF Others Retail Dividend 0.3442 0.3203 Institutional Dividend 0.3557 0.3311


Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Privately Placed / Unlisted Mahindra & Mahindra Financial Services Ltd. AA- 77 769.71 10.79 Total 769.71 10.79 (b) Securitised Debt Instruments CLSS XXX Trust 2006(Originator - Kotak Mahindra Prime Ltd.) F1+(IND)(SO) 11 1,123.84 15.75 LRST A 2008 SrA2(Originator - JPMorganChase Bank) AAA (IND) (SO) 12 1,091.36 15.30

Total 2,215.20 31.05 Money Market Instruments Commercial Paper Reliance Capital Ltd. A1+ 550 2,744.64 38.47

Total 2,744.64 38.47 Totals 5,729.55 80.31 Cash & Other Assets 1,404.52 19.69 Net Assets 7,134.07 100.00 Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 10.5018 Retail Dividend Plan (Rs)# 10.5018 Institutional Growth (Rs)# 10.5254 Institutional Dividend (Rs)# 10.5254

NAV as on 31-Mar-2009 Retail Growth Plan (Rs) 11.0179 Retail Dividend Plan (Rs) 11.0179 Institutional Growth (Rs) 11.0638 Institutional Dividend (Rs) 11.0638 b) Dividends declared during the Half - year ended March 31, 2009: NIL


TEMPLETON FIXED HORIZON FUND-SERIES VII PLAN A

Dividend per unitPlan Name Individuals/HUF Others

Retail Daily Dividend 0.3901 0.3630

Retail Weekly Dividend 0.3806 0.3542

Institutional Daily Dividend 0.3994 0.3717

Institutional Weekly Dividend 0.2893 0.2693

Super Institutional Daily Dividend 0.4077 0.3795

Super Institutional Weekly Dividend 0.3198 0.2977


Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips LIC Housing Finance Ltd. AAA 410 4,159.43 4.09 Cholamandalam DBS Finance Ltd. LAA- 90 891.64 0.88 Housing Development Finance Corp. Ltd. AAA 20 199.50 0.20

Total 5,250.57 5.17 (b) Privately Placed / Unlisted GE Money Financial Services Ltd. AAA 90 897.93 0.88 Shriram Transport Finance Co. Ltd. AA (IND) 80 800.41 0.79 Citifinancial Consumer Finance India Ltd. AA+ 40 394.33 0.39

Total 2,092.67 2.06 (c) Securities Debt Instruments UBL Trust Sr 63 B(Originator: DSP Merrill Lynch Cap Ltd.) P1+(SO) 136 13,650.51 13.41 Coporate Loan Securitisation Series 56 A2 Trust 2008(Originator Kotak Mahindra Bank Ltd.) AA (IND) (SO) 56 5,750.03 5.65 Receivable Sec Trust Sr IV A1(Originator: Magma Shrachi Finance Ltd.) AAA (SO) 66 3,046.53 2.99 LRST A 2008 SrA2(Originator - JPMorganChase Bank) AAA (IND) (SO) 25 2,273.66 2.23 Indian Retail ABS Trust PTC Series 76A7(Originator : ICICI Bank Ltd.) LAAA (SO) 35 2,009.66 1.97 Investment Vehicle for Structured Transactions,1208 Series A3Zb (Originator - ICICI Bank Ltd.) AAA (SO) 16 1,588.77 1.56 Investment Vehicle for Structured Transactions,1208 Series A3X (Originator - ICICI Bank Ltd.) AAA (SO) 20 1,565.52 1.54 BHPC Auto Sec Trust PTC AUG-06 I A2(Originator - TataMotors Ltd.) AA (SO) 56 1,460.70 1.43 Indian Retail ABS Trust PTC Series 77A4(Originator : ICICI Bank Ltd.) LAAA (SO) 30 1,326.14 1.30 Indian Retail ABS Trust PTC Series 75 A7(Originator : ICICI Bank Ltd.) LAAA (SO) 20 1,145.64 1.13 Receivable Sec Trust Sr III A5(Originator: IDFC) LAAA (SO) 21 1,144.09 1.12 Indian Retail ABS Trust PTC Series 92 A8X(Originator :ICICI Bank Ltd.) LAAA (SO) 10 1,009.62 0.99 CLSS XXX Trust 2006(Originator - Kotak Mahindra Prime Ltd.) F1+(IND)(SO) 9 919.51 0.90 IRS Trust Series I A1 (Originator: IDFC) LAAA (SO) 8 885.93 0.87 CLSS 23 Trust 2009 A PTC(Originator: Kotak Mahindra Prime Ltd.) P1+(SO) 7 696.80 0.68 CLSS 24 Trust 2009 A PTC(Originator: Kotak Mahindra Prime Ltd.) P1+(SO) 6 597.73 0.59 Coporate Loan Securitisation Series 56 A1 Trust 2008(Originator Kotak Mahindra Bank Ltd.) AA (IND) (SO) 20 602.69 0.59 Indian Retail ABS Trust PTC Series SR.78A4(Origninator : ICICI Bank Ltd.) LAAA (SO) 12 504.47 0.50 Receivable Sec Trust Sr V A1(Originator: IDFC) F1+(IND)(SO) 5 498.84 0.49 ICLS Trust 2008 Series 36 A1(Orig:Yes Bank Ltd.) F1+(IND)(SO) 5 443.58 0.44 LST SERIES 51 1B (Orig. ICICI Bank Ltd) AA+ (SO) 5 442.62 0.43 LRST C 2008 SrC1 (Originator -JPMorgan Securities India Private Limited) AAA (IND) (SO) 12 383.09 0.38 ICLS Trust 2008 Series 39 A6(Orig:Yes Bank Ltd.) F1+(IND)(SO) 75 331.11 0.33 Indian Retail ABS Trust PTC Series 92 A9X(Originator :ICICI Bank Ltd.) LAAA (SO) 3 314.87 0.31 RB LOAN Trust SR.27 A3 (Originator: SCB) P1+(SO) 10 308.06 0.30 ICLS Trust 2008 Series 36 A2(Orig:Yes Bank Ltd..) F1+(IND)(SO) 50 280.28 0.28

TEMPLETON INDIA ULTRA-SHORT BOND FUND

TEMPLETON INDIA ULTRA-SHORT BOND FUND (Contd.)

ICLS Trust 2008 Series 39 A8(Orig:Yes Bank Ltd.) F1+(IND)(SO) 50 260.84 0.26 ICLS Trust 2008 Series 33 A7(Orig:Yes Bank Ltd.) PR1+(SO) 50 257.68 0.25 LST Series 51 1A (Orig. ICICI Bank Ltd.) AA+ (SO) 50 242.26 0.24 CDT 2008-09 SR.9 A2 PTC (Orig: Axis Bank) P1+(SO) 50 232.39 0.23 LRST B 2008 SrB1 (Originator -JPMorganChase Bank) AAA (IND) (SO) 6 196.47 0.19 Indian Loan Securitisation Trust Series 2 B Trust 2008(Originator : Kotak Mahindra Bank Ltd.) AAA (SO) 2 177.63 0.17 Indian Retail ABS Trust PTC Series 85 A1 B(Originator: ICICI Bank Ltd.) AAA (SO) 8 166.33 0.16 CDT Series 11 A2 (Originator: Axis Bank Ltd) A1+(SO) 25 148.13 0.15 CDT Series 12 A2 (Originator: Axis Bank Ltd) A1+(SO) 25 153.46 0.15 Credit Asset Trust Series LV A2(IO)(Orig :HSBC) F1+(IND)(SO) 3 110.16 0.11 Receivable Sec Trust Sr III A1 (Originator: IDFC) A1+(SO) 4 100.44 0.10 LRST A 2008 SrA1 (Originator -JPMorganChase Bank) AAA (IND) (SO) 6 87.04 0.09 CLSS 10 Trust 2009 A1(Orig: Kotak Mahindra Prime Ltd.) P1+(SO) 8 82.95 0.08 ICLS Trust 2008 Sr 27 A3(Originator: Yes Bank Ltd.) LAA+ (SO) 15 70.46 0.07 ICLS Trust 2008 Series 13 A1(Originator: Yes Bank Ltd.) A1+(SO) 30 60.40 0.06 ICLS Trust 2008 Series14 A3(Originator - Yes Bank Ltd.) P1+(SO) 25 46.55 0.05 Indian Retail ABS Trust PTC Series 68 A1(Originator - ICICI Bank Ltd.) LAAA (SO) 2 0.20 0.00

Total 45,573.84 44.77 Money Market Instruments Commercial Paper Reliance Capital Ltd. A1+ 700 3,493.21 3.43 Reliance Communications Ltd. A1+ 200 966.90 0.95 Reliance Capital Ltd. P1+ 136 654.31 0.64 Tata Motors Finance Ltd. A1 100 494.15 0.49 Edelweiss Capital Ltd. P1+ 100 481.85 0.47 Kotak Mahindra Prime Ltd. P1+ 40 197.14 0.19 Sundaram BNP Paribas Home Finance Ltd. P1+ 20 96.31 0.09

Total 6,383.87 6.26 Certificate of Deposit State Bank Of Indore P1+ 5,000 4,943.00 4.86 IDBI Bank Ltd. A1+ 5,000 4,913.38 4.83 Yes Bank Ltd. A1+ 500 495.20 0.49 Exim Bank AAA 500 469.55 0.46 Axis Bank Ltd. P1+ 100 95.25 0.09

Total 10,916.38 10.73

Fixed Deposits Kotak Mahindra Bank Ltd. 7,500.00 7.37Yes Bank Ltd. 7,000.00 6.88ICICI Bank Ltd. 5,005.00 4.92Citibank N.A. 1,000.00 0.98

Total 20,505.00 20.15 Totals 90,722.33 89.14 Cash & Other Assets 11,081.80 10.86 Net Assets 101,804.13 100.00 * Less than 0.01%




NAV as on 30-Sep-2008 Retail Growth Option (Rs)# 10.7240 Retail Daily Dividend Option (Rs)# 10.0205 Retail Weekly Dividend (Rs.)# 10.0102 Institutional Growth Option (Rs)# 10.7408 Institutional Daily Dividend Option (Rs)# 10.0210 Institutional Weekly Dividend (Rs.)# 10.0802 Super Institutional Growth Option (Rs)# 10.7578 Super Institutional Daily Dividend Option (Rs)# 10.0215 Super Institutional Weekly Dividend (Rs)# 10.0106

NAV as on 31-Mar-2009 Retail Growth Option (Rs) 11.2012 Retail Daily Dividend Option (Rs) 10.0106 Retail Weekly Dividend (Rs.) 10.0117 Institutional Growth Option (Rs) 11.2301 Institutional Daily Dividend Option (Rs) 10.0111 Institutional Weekly Dividend (Rs) 10.2017 Super Institutional Growth Option (Rs) 11.2590 Super Institutional Daily Dividend Option (Rs) 10.0116 Super Institutional Weekly Dividend (Rs) 10.1036


TEMPLETON FIXED HORIZON FUND-SERIES VII PLAN B


Debt Instruments (a) Securitised Debt Instruments

CLSS XXX Trust 2006

(Originator - Kotak Mahindra Prime Ltd.) F1+(IND)(SO) 1 102.17 3.81

Total 102.17 3.81 Money Market Instruments Commercial Paper

Sundaram Finance Ltd. P1+ 510 2,542.16 94.91

Total 2,542.16 94.91 Totals 2,644.33 98.72 Cash & Other Assets 34.22 1.28 Net Assets 2,678.55 100.00

Note:

a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 10.5630







TEMPLETON FIXED HORIZON FUND-SERIES VII PLAN C

Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Cholamandalam DBS Finance Ltd. LAA- 420 4,196.84 14.50

Citifinancial Consumer Finance India Ltd. AA+ 150 1,498.55 5.18

Total 5,695.39 19.68

(b) Privately Placed / Unlisted GE Money Financial Services Ltd. AAA 310 3,092.87 10.68

Mahindra & Mahindra Financial Services Ltd. AA- 150 1,499.43 5.18

Total 4,592.30 15.86 (c) Securitised Debt Instruments LRST A 2008 SrA2

(Originator - JPMorganChase Bank) AAA (IND) (SO) 48 4,365.42 15.08

CLSS 6 Trust 2009 Sr.A

(Originator - Kotak Mahindra Prime Ltd.) P1+(SO) 22 2,204.94 7.62

Total 6,570.36 22.70 Money Market Instruments Commercial Paper

Reliance Capital Ltd. A1+ 720 3,595.33 12.42

Total 3,595.33 12.42 Totals 20,453.38 70.66 Cash & Other Assets 8,495.63 29.34 Net Assets 28,949.01 100.00

Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 10.4083



Institutional Dividend (Rs)# 10.4314






TEMPLETON FIXED HORIZON FUND-SERIES VII PLAN D



Total 99.92 0.56

(b) Privately Placed / Unlisted Kotak Mahindra Prime Ltd. LAA 250 2,493.82 13.94

Mahindra & Mahindra Financial Services Ltd. AA- 19 189.93 1.06

Total 2,683.75 15.00 (c) Securitised Debt Instruments

CLSS 6 Trust 2009 Sr.A

(Originator - Kotak Mahindra Prime Ltd.) P1+(SO) 8 801.80 4.48



Total 1,529.97 8.55 Money Market Instruments Commercial Paper

Reliance Capital Ltd. A1+ 900 4,491.14 25.11

Total 4,491.14 25.11 Totals 8,804.78 49.22 Cash & Other Assets 9,078.85 50.78 Net Assets 17,883.63 100.00

Note:


NAV as on 30-Sep-2008 Retail Growth Plan (Rs)# 10.3607



Institutional Dividend (Rs)# 10.3828







Note:








FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES X - PLAN ACompany Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets

Equity & Equity Related

(a) Listed/Awaiting listing on Stock Exchanges










ABB Ltd. India Industrial Capital Goods 5,285 22.59 0.40















Sun Pharmaceutical Industries Ltd. Pharmaceuticals 856 9.52 0.17


Siemens India Ltd. Industrial Capital Goods 3,215 8.66 0.15

Oil & Natural Gas Corp. Ltd. Oil 626 4.88 0.09



Total 746.52 13.12


(a) Listed / awaiting listing on Stock Exchanges

Non - Traded / Thinly Traded Scrips

TML Financial Services Ltd. A 75 749.06 13.17

Sundaram Finance Ltd. AA+ 65 667.41 11.73

LIC Housing Finance Ltd. AAA 50 490.52 8.62

Total 1,906.99 33.52

Traded Scrips

Power Finance Corp. Ltd. AAA 50 526.82 9.26

Total 526.82 9.26

(b) Privately Placed / Unlisted

Deutsche Postbank Home Finance Ltd. LAA+ 10 102.95 1.81

Total 102.95 1.81


Corporate Debt Trust 2008-09 Sr 10 A1 PTC P2+(SO) 9 797.79 14.02

Credit Asset Trust SR XLVII A1(PO)

(Orig: HSBC) AAA (IND) (SO) 7 717.33 12.61

UBL Trust Sr 63 B

(Originator: DSP Merrill Lynch Cap Ltd.) P1+(SO) 2 200.74 3.53

Investment Vehicle for Structured Transactions

1208 Series A3Zb (Originator - ICICI Bank Ltd.) AAA (SO) 2 198.60 3.49



Total 2,017.65 35.46

Totals 5,300.93 93.17


Net Assets 5,689.13 100.00

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES X - PLAN BCompany Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets


(a) Listed/Awaiting listing on Stock ExchangesReliance Industries Ltd. Petroleum Products 1,122 17.09 0.99



Infosys Technologies Ltd. Software 930 12.31 0.72

Housing Development Finance Corp. Ltd. Finance 684 9.65 0.56

Bharat Heavy Electricals Ltd. Industrial Capital Goods 637 9.58 0.56

Hero Honda Motors Ltd. Auto 864 9.25 0.54

Grasim Industries Ltd. Cement 568 8.96 0.52



Larsen & Toubro Ltd. Construction Project 897 6.03 0.35


FRANKLIN TEMPLETON FIXED TENURE FUND SERIES IX PLAN A

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets






























Oil & Natural Gas Corp. Ltd. Oil 1,105 8.62 0.09


Tata Steel Ltd. Ferrous Metals 2,500 5.14 0.05

Total 1,459.88 14.64




Indian Railway Finance Corp. AAA 50 507.31 5.09

Housing Development Finance Corp. Ltd. AAA 50 504.78 5.06

Total 1,012.09 10.15


Tata Steel Ltd. AAA (IND) 110 1,106.59 11.10

GE Capital Services India AAA 40 402.51 4.04


Total 1,814.13 18.20


Coporate Loan Securitisation Series 56 A2 Trust 2008

(Originator Kotak Mahindra Bank Ltd.) AA (IND) (SO) 9 924.11 9.27

Indian Loan Securitisation Trust Series 2 B Trust 2008

(Originator : Kotak Mahindra Bank Ltd.) AAA (SO) 10 888.15 8.91

Indian Retail ABS Trust PTC Series 75 A7


Credit Asset Trust Series XLVII A1(PO)

(Orig: HSBC) AAA (IND) (SO) 8 819.80 8.22

Indian Retail ABS Trust PTC Series SR.78A4

(Origninator : ICICI Bank Ltd.) LAAA (SO) 18 756.70 7.59



Investment Vehicle For Structured Transactions,

1208 Series A3Zb (Originator - ICICI Bank Ltd.) AAA (SO) 1 99.29 1.00

Total 4,652.71 46.67

Totals 8,938.81 89.64


Net Assets 9,971.89 100.00

Note:

a) NAV at the beginning and at the end of the Half - year ended March 31, 2009









Note:






b) Dividends declared during the Half - year ended March 31, 2009: NILc) Average Maturity as on March 31, 2009 3.46 Years

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES IX - PLAN B

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES IX - PLAN B (Contd.)






























Oil & Natural Gas Corp. Ltd. Oil 827 6.45 0.13



Total 1,083.24 21.83




Power Finance Corp. Ltd. AAA 70 711.41 14.34

Indian Railway Finance Corporation AAA 68 691.18 13.93

Power Grid Corp. of India AAA 50 645.34 13.00

LIC Housing Finance Ltd. AAA 25 245.26 4.94

Total 2,293.19 46.21

Traded Scrips

Rural Electrification Corporation Ltd. AAA 50 514.75 10.37

Total 514.75 10.37


Citifinancial Consumer Finance India Ltd. AA+ 50 371.93 7.49

Total 371.93 7.49

(c) Securities Debt Instruments

Investment Vehicle for Structured Transactions,1208

Series A3Zb (Originator - ICICI Bank Ltd.) AAA (SO) 2 198.60 4.00



Total 301.79 6.08

Totals 4,564.90 91.98


Net Assets 4,962.56 100.00




NAV as on 31-Mar-2009 Growth Plan (Rs) 9.9564 Dividend Plan (Rs) 9.9564b) Dividends declared during the Half - year ended March 31, 2009: NILc) Average Maturity as on March 31, 2009 3.14 Years

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES X - PLAN CCompany Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets

Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges HDFC Bank Ltd. Banks 5,551 53.73 2.40 Bharti Airtel Ltd. Telecom - Services 7,718 48.30 2.16 Infosys Technologies Ltd. Software 3,308 43.80 1.96 Hero Honda Motors Ltd. Auto 2,639 28.24 1.26 Bharat Heavy Electricals Ltd. Industrial Capital Goods 1,829 27.51 1.23 Grasim Industries Ltd. Cement 1,581 24.93 1.11 Housing Development Finance Corp. Ltd. Finance 1,225 17.29 0.77 Marico Ltd. Consumer Non Durables 28,837 17.32 0.77 Reliance Industries Ltd. Petroleum Products 1,097 16.71 0.75 ABB Ltd. India Industrial Capital Goods 3,095 13.23 0.59 Reliance Petroleum Ltd. Petroleum Products 11,866 11.29 0.50 Bharat Electronics Ltd. Industrial Capital Goods 1,196 10.56 0.47 Larsen & Toubro Ltd. Construction Project 1,554 10.45 0.47 ICICI Bank Ltd. Banks 3,000 9.98 0.45 Nestle India Ltd. Consumer Non Durables 625 9.73 0.43 Kotak Mahindra Bank Ltd. Banks 3,086 8.73 0.39 Bharat Petroleum Corp. Ltd. Petroleum Products 2,250 8.47 0.38 Cummins India Ltd. Industrial Products 4,466 8.29 0.37 Great Eastern Shipping Co. Ltd. Transportation 4,331 8.14 0.36 Infrastructure Development Finance Co. Ltd. Finance 14,754 8.00 0.36 Cipla Ltd. Pharmaceuticals 3,513 7.72 0.35 Dabur India Ltd. Consumer Non Durables 7,595 7.50 0.34 Lupin Laboratories Ltd. Pharmaceuticals 1,097 7.56 0.34 Mahindra & Mahindra Ltd. Auto 1,500 5.75 0.26 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 501 5.57 0.25 IBN18 Broadcast Ltd. Media & Entertainment 6,979 5.21 0.23 Siemens India Ltd. Industrial Capital Goods 1,883 5.07 0.23 India Infoline Ltd. Finance 5,895 3.47 0.16 Oil & Natural Gas Corp. Ltd. Oil 366 2.85 0.13 Television Eighteen India Ltd. Media & Entertainment 3,405 2.39 0.11 Idea Cellular Ltd. Telecom - Services 4,644 2.32 0.10 Total 440.11 19.68 Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Power Finance Corporation Ltd. AAA 30 304.89 13.63 Cholamandalam Dbs Finance Ltd LAA- 30 296.89 13.27 EXIM Bank AAA 27 289.66 12.94 Power Grid Corp. of India AAA 20 257.15 11.49 Indian Railway Finance Corporation AAA 23 233.78 10.45 Total 1,382.37 61.78 (b) Privately Placed / UnlistedCitifinancial Consumer Finance India Ltd. AA+ 30 223.16 9.97 Total 223.16 9.97(c) Securitised Debt InstrumentsCredit Asset Trust SR XLVII A1(PO)(Orig: HSBC) AAA (IND) (SO) 1 102.48 4.58 Total 102.48 4.58Totals 2,148.12 96.01Cash & Other Assets 89.51 3.99Net Assets 2,237.63 100.00

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES X - PLAN D


Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges Reliance Industries Ltd. Petroleum Products 1,006 15.32 1.92HDFC Bank Ltd. Banks 1,358 13.14 1.64Bharti Airtel Ltd. Telecom - Services 1,842 11.53 1.44Infosys Technologies Ltd. Software 833 11.03 1.38Housing Development Finance Corp. Ltd. Finance 613 8.65 1.08Bharat Heavy Electricals Ltd. Industrial Capital Goods 571 8.59 1.08Hero Honda Motors Ltd. Auto 775 8.29 1.04Grasim Industries Ltd. Cement 509 8.03 1.00Kotak Mahindra Bank Ltd. Banks 2,157 6.10 0.76ABB Ltd. India Industrial Capital Goods 1,365 5.83 0.73Larsen & Toubro Ltd. Construction Project 805 5.41 0.68Marico Ltd. Consumer Non Durables 6,855 4.12 0.52






TEMPLETON FIXED HORIZON FUND - SERIES VIII - PLAN ACompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments(a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded ScripsTML Financial Services Ltd. A 70 698.60 13.28Citifinancial Consumer Finance India Ltd. AA+ 50 498.01 9.47Total 1,196.61 22.75(b) Privately Placed / Unlisted Kotak Mahindra Prime Ltd. LAA 70 698.42 13.28GE Money Financial Services Ltd. AAA 70 698.39 13.28Total 1,396.81 26.56(c) Securitised Debt Instruments Corporate Debt Trust 2008-09 Sr 4 A1(Orig: Axis Bank Ltd.) P1+(SO) 8 728.18 13.84LRST A 2008 SrA2 (Originator -JP MorganChase Bank) AAA (IND) (SO) 8 727.57 13.83Receivable Sec Trust Sr III A2 (Originator: IDFC) A1+(SO) 7 709.05 13.48Total 2,164.80 41.15Money Market Instruments Commercial PaperKotak Mahindra Prime Ltd. P1+ 18 88.71 1.69Reliance Capital Ltd. A1+ 10 49.94 0.95Total 138.65 2.64Totals 4,896.87 93.10Cash & Other Assets 362.77 6.90Net Assets 5,259.64 100.00





FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES X - PLAN B (Contd.) FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES X - PLAN D (Contd.)


TEMPLETON FIXED HORIZON FUND - SERIES VIII - PLAN C (Contd.)




ICICI Bank Ltd. Banks 1,146 3.81 0.22Nestle India Ltd. Consumer Non Durables 242 3.77 0.22Great Eastern Shipping Co. Ltd. Transportation 1,688 3.17 0.18Cummins India Ltd. Industrial Products 1,563 2.90 0.17Asian Paints Ltd. Consumer Non Durables 349 2.74 0.16Bharat Electronics Ltd. Industrial Capital Goods 316 2.79 0.16Reliance Petroleum Ltd. Petroleum Products 2,971 2.83 0.16Bharat Petroleum Corp. Ltd. Petroleum Products 714 2.69 0.16Mahindra & Mahindra Ltd. Auto 631 2.42 0.14Siemens India Ltd. Industrial Capital Goods 905 2.44 0.14Sterlite Industries (India) Ltd. Non - Ferrous Metals 642 2.28 0.13Cipla Ltd. Pharmaceuticals 915 2.01 0.12Infrastructure Development Finance Co. Ltd. Finance 3,879 2.10 0.12Oil & Natural Gas Corp. Ltd. Oil 258 2.01 0.12Dabur India Ltd. Consumer Non Durables 1,980 1.95 0.11Lupin Laboratories Ltd. Pharmaceuticals 281 1.94 0.11Sun Pharmaceutical Industries Ltd. Pharmaceuticals 163 1.81 0.11Idea Cellular Ltd. Telecom - Services 3,289 1.65 0.10IBN18 Broadcast Ltd. Media & Entertainment 1,844 1.39 0.08Television Eighteen India Ltd. Media & Entertainment 942 0.67 0.04Total 165.63 9.64Debt Instruments Rating(a) Listed / awaiting listing on Stock ExchangesTraded ScripsPower Finance Corp. Ltd. AAA 20 213.14 12.38Total 213.14 12.38(b) Privately Placed / Unlisted Kotak Mahindra Prime Ltd. LAA 20 201.66 11.72Tata Steel Ltd. AAA (IND) 15 150.90 8.77Total 352.56 20.49(c) Securitised Debt Instruments Coporate Loan Securitisation Series 56 A2 Trust 2008(Originator Kotak Mahindra Bank Ltd.) AA (IND) (SO) 2 205.36 11.93Credit Asset Trust Series XLVII A1(PO)(Orig: HSBC) AAA (IND) (SO) 2 204.95 11.91Investment Vehicle For Structured Transactions,1208 Series A3Zb (Originator - ICICI Bank Ltd.) AAA (SO) 2 198.60 11.54Indian Loan Securitisation Trust Series 2 B Trust 2008(Originator : Kotak Mahindra Bank Ltd.) AAA (SO) 2 177.63 10.32Indian Retail ABS Trust PTC Series 85 A1 B(Originator: ICICI Bank Ltd.) AAA (SO) 1 20.79 1.21Total 807.33 46.91Totals 1,538.66 89.42Cash & Other Assets 182.71 10.58Net Assets 1,721.37 100.00

ICICI Bank Ltd. Banks 1,028 3.42 0.43Nestle India Ltd. Consumer Non Durables 217 3.38 0.42Great Eastern Shipping Co. Ltd. Transportation 1,514 2.84 0.36Cummins India Ltd. Industrial Products 1,401 2.60 0.33Reliance Petroleum Ltd. Petroleum Products 2,663 2.53 0.32Asian Paints Ltd. Consumer Non Durables 313 2.46 0.31Bharat Electronics Ltd. Industrial Capital Goods 284 2.51 0.31Bharat Petroleum Corp. Ltd. Petroleum Products 640 2.41 0.30Siemens India Ltd. Industrial Capital Goods 813 2.19 0.27Mahindra & Mahindra Ltd. Auto 566 2.17 0.27Sterlite Industries (India) Ltd. Non - Ferrous Metals 575 2.04 0.26Infrastructure Development Finance Co. Ltd. Finance 3,481 1.89 0.24Cipla Ltd. Pharmaceuticals 821 1.80 0.23Oil & Natural Gas Corp. Ltd. Oil 231 1.80 0.23Dabur India Ltd. Consumer Non Durables 1,776 1.75 0.22Lupin Laboratories Ltd. Pharmaceuticals 253 1.74 0.22Sun Pharmaceutical Industries Ltd. Pharmaceuticals 146 1.63 0.20Idea Cellular Ltd. Telecom - Services 2,949 1.49 0.19IBN18 Broadcast Ltd. Media & Entertainment 1,654 1.24 0.16Television Eighteen India Ltd. Media & Entertainment 844 0.60 0.08Total 148.53 18.62Debt Instruments Rating(a) Listed / awaiting listing on Stock ExchangesNon - Traded / Thinly Traded Scrips Export Import Bank of India AAA 13 139.47 17.46Power Grid Corp. of India AAA 10 128.57 16.09NABARD AAA 10 103.77 12.99Indian Railway Finance Corporation AAA 9 91.48 11.45Total 463.29 57.98(b) Securitised Debt Instruments Credit Asset Trust Series XLVII A1(PO)(Orig: HSBC) AAA (IND) (SO) 1 102.48 12.83Total 102.48 12.83Totals 714.30 89.43Cash & Other Assets 84.75 10.57Net Assets 799.05 100.00

TEMPLETON FIXED HORIZON FUND - SERIES VIII - PLAN BCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments(a) Securitised Debt InstrumentsReceivable Sec Trust Sr III A(Originator: IDFC) A1+(SO) 2 202.59 10.23Corporate Debt Trust 2008-09 Sr 4 A1(Orig: Axis Bank Ltd.) P1+(SO) 2 182.04 9.19CLSS XXX Trust 2006(Originator - Kotak Mahindra Prime Ltd.) F1+(IND)(SO) 1 102.17 5.16Total 486.80 24.58Money Market InstrumentsCommercial PaperReliance Capital Ltd. A1+ 290 1,448.12 73.13Total 1,448.12 73.13Totals 1,934.92 97.71Cash & Other Assets 45.16 2.29Net Assets 1,980.08 100.00


NAV as on 30-Sep-2008 Growth Plan (Rs)# 10.2929 Dividend Plan (Rs)# 10.2929



TEMPLETON FIXED HORIZON FUND - SERIES VIII - PLAN CCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips TML Financial Services Ltd. A 200 1,996.00 8.51Citifinancial Consumer Finance India Ltd. AA+ 50 489.55 2.09Total 2,485.55 10.60(b) Privately Placed / UnlistedKotak Mahindra Prime Ltd. LAA 250 2,495.03 10.64GE Money Financial Services Ltd. AAA 44 436.03 1.86Total 2,931.06 12.50(c) Securitised Debt InstrumentsCLSS 10 Trust 2009 A3(Orig: Kotak Mahindra Prime Ltd.) P1+(SO) 38 3,407.28 14.53Receivable Sec Trust Sr III A2(Originator: IDFC) A1+(SO) 33 3,342.65 14.25ICLS Trust 2008 Sr 13 A2(Originator: Yes Bank Ltd.) A1+(SO) 30 2,731.97 11.65ICLST 2008 Series14 A2(Originator - Yes Bank Ltd.) P1+(SO) 25 2,277.66 9.71Credit Asset Trust SR XLVIII A1(PO)(Orig: HSBC) F1+(IND)(SO) 23 2,270.26 9.68Receivable Sec Trust Sr V A1(Originator: IDFC) F1+(IND)(SO) 13 1,297.00 5.53Corporate Debt Trust 2008-09 Sr 4 A1(Orig: Axis Bank Ltd.) P1+(SO) 9 819.20 3.49CLSS XXX Trust 2006(Originator - Kotak Mahindra Prime Ltd.) F1+(IND)(SO) 1 102.16 0.44Total 16,248.18 69.28


NAV as on 30-Sep-2008 Growth Plan (Rs)# 10.1891 Dividend Plan (Rs)# 10.1891NAV as on 31-Mar-2009 Growth Plan (Rs) 10.7819 Dividend Plan (Rs) 10.7819b) Dividends declared during the Half - year ended March 31, 2009: NILc) Average Maturity as on March 31, 2009 0.12 Years

TEMPLETON FIXED HORIZON FUND - SERIES VIII - PLAN DCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Money Market InstrumentsCommercial PaperKotak Mahindra Prime Ltd. P1+ 220 1,084.28 52.11Reliance Capital Ltd. A1+ 200 998.70 48.00Total 2,082.98 100.11Cash & Other Assets (2.25) (0.11)Net Assets 2,080.73 100.00





TEMPLETON FIXED HORIZON FUND - SERIES VIII - PLAN ECompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments (a) Listed / awaiting listing on Stock ExchangesNon - Traded / Thinly Traded ScripsCholamandalam DBS Finance Ltd. LAA- 240 2,377.69 18.13Ge Capital Services India Ltd. AAA 160 1,577.06 12.02Kotak Mahindra Prime Ltd. LAA 140 1,387.72 10.58DSP Merrill Lynch Capital Ltd. AAA 700 690.33 5.26Mahindra & Mahindra Financial Services Ltd. AA- 19 189.71 1.45Total 6,222.51 47.44(b) Privately Placed / UnlistedDSP Merrill Lynch Capital Ltd. AAA 1,600 1,576.61 12.02GE Money Financial Services Ltd. AAA 70 693.68 5.29Total 2,270.29 17.31(c) Securitised Debt InstrumentsUBL Trust Sr 63 B(Originator: DSP Merrill Lynch Cap Ltd.) P1+(SO) 23 2,308.54 17.60Total 2,308.54 17.60Money Market InstrumentsCommercial Paper Kotak Mahindra Prime Ltd. P1+ 170 824.04 6.28Reliance Capital Ltd. P1+ 150 721.53 5.50Total 1,545.57 11.78Totals 12,346.91 94.13Cash & Other Assets 770.83 5.87Net Assets 13,117.74 100.00







Growth Plan (Rs)# 10.1853 Dividend Plan (Rs)# 10.1853



TEMPLETON FIXED HORIZON FUND - SERIES VIII - PLAN FCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments(a) Listed / awaiting listing on Stock ExchangesNon - Traded / Thinly Traded ScripsCholamandalam DBS Finance Ltd. LAA- 150 1,486.06 15.45Total 1,486.06 15.45(b) Privately Placed / UnlistedGE Money Financial Services Ltd. AAA 30 295.70 3.08Total 295.70 3.08(c) Securitised Debt InstrumentsCLSS 23 TRUST 2009 A PTC(Originator: Kotak Mahindra Prime Ltd.) P1+(SO) 16 1,592.69 16.56UBL Trust Sr 63 B(Originator: DSP Merrill Lynch Cap Ltd.) P1+(SO) 15 1,505.57 15.66LRST C 2008 SrC2 (Originator - JPMorganSecurities India Private Limited) AAA (IND) (SO) 15 1,313.90 13.66Total 4,412.16 45.88Money Market Instruments Commercial Paper Kotak Mahindra Prime Ltd. P1+ 500 2,436.05 25.33Total 2,436.05 25.33Totals 8,629.97 89.74Cash & Other Assets 986.07 10.26Net Assets 9,616.04 100.00




TEMPLETON FIXED HORIZON FUND - SERIES IX - PLAN ACompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Cholamandalam DBS Finance Ltd. LAA- 200 1,968.65 15.98DSP Merrill Lynch Capital Ltd. AAA 300 295.86 2.40Total 2,264.51 18.38(b) Privately Placed / UnlistedTML Financial Services Ltd. A 50 495.69 4.02Total 495.69 4.02(c) Securitised Debt Instruments CLSS 23 TRUST 2009 A PTC(Originator: Kotak Mahindra Prime Ltd.) P1+(SO) 20 1,990.86 16.16LRST C 2008 SrC2 (Originator - JPMorganSecurities India Private Limited) AAA (IND) (SO) 22 1,927.05 15.64UBL Trust Sr 63 B(Originator: DSP Merrill Lynch Cap Ltd.) P1+(SO) 16 1,605.95 13.04Total 5,523.86 44.84Money Market InstrumentsCommercial Paper Reliance Capital Ltd. P1+ 677 3,256.52 26.43

Total 3,256.52 26.43

Totals 11,540.58 93.67


Net Assets 12,319.36 100.00

Money Market Instruments Commercial Paper Reliance Capital Ltd. A1+ 200,000 199.74 0.85Total 199.74 0.85Totals 21,864.53 93.23Cash & Other Assets 1,589.34 6.77Net Assets 23,453.87 100.00








TEMPLETON FIXED HORIZON FUND - SERIES IX - PLAN DCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments (a) Privately Placed / Unlisted Cholamandalam DBS Finance Ltd. LAA- 439 4,319.58 11.93Total 4,319.58 11.93(b) Securitised Debt InstrumentsCorporate Debt Trust 08-09 Sr 10 A1(Orig: Axis Bank Ltd.) P2+(SO) 55 4,875.39 13.46ICLS Trust 2008 Series 39 A9(Orig:Yes Bank Ltd.) F1+(IND)(SO) 50 4,478.91 12.37ICLS Trust 2008 Series 33 A6(Orig:Yes Bank Ltd.) PR1+(SO) 34 3,012.62 8.32LST Series 51 1B (Orig. ICICI Bank Ltd) AA+ (SO) 15 1,327.87 3.67LRST C 2008 SrC2 (Originator - JPMorganSecurities India Private Limited) AAA (IND) (SO) 15 1,313.90 3.63Total 15,008.69 41.45Money Market InstrumentsCommercial PaperGE Capital Services Ltd. P1+ 1,000 4,796.19 13.25Reliance Capital Ltd. A1+ 952 4,581.58 12.65Reliance Telecom Ltd. A1+ 725 3,499.50 9.66Deutsche Postbank Home Finance Ltd. P1+ 500 2,390.43 6.60Total 15,267.70 42.16Totals 34,595.97 95.54Cash & Other Assets 1,612.09 4.46Net Assets 36,208.06 100.00

TEMPLETON FIXED HORIZON FUND - SERIES IX - PLAN ECompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments(a) Privately Placed / UnlistedShriram Transport Finance Co. Ltd. AA (IND) 150 1,532.45 18.02Kotak Mahindra Prime Ltd. LAA 150 1,513.59 17.79Cholamandalam DBS Finance Ltd. LAA- 140 1,417.10 16.66Deutsche Postbank Home Finance Ltd. LAA+ 112 1,153.00 13.55Citifinancial Consumer Finance India Ltd. AA+ 50 492.91 5.79Citibank N.A. AA+ 4 410.34 4.82GE Capital Services India Ltd. AAA 18 181.14 2.13Total 6,700.53 78.76(b) Securitised Debt InstrumentsIRS Trust Series I A2 (Originator: IDFC) LAAA (SO) 12 1,308.16 15.38Total 1,308.16 15.38Totals 8,008.69 94.14Cash & Other Assets 497.63 5.86Net Assets 8,506.32 100.00

Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Growth Plan (Rs)# 10.0956 Dividend Plan (Rs)# 10.0956 NAV as on 31-Mar-2009 Growth Plan (Rs) 10.7508 Dividend Plan (Rs) 10.7508b) Dividends declared during the Half - year ended March 31, 2009: NILc) Average Maturity as on March 31, 2009 1.30 Years

Note:a) NAV at the beginning of the Half-year and at the maturity date i.e. November 12, 2008


NAV as on 12-Nov-2008 Growth Plan (Rs) 10.2670 Dividend Plan (Rs) 10.0000b) Dividends declared during the Half - year ended March 31, 2009:

TEMPLETON FIXED HORIZON FUND - SERIES X - PLAN A (As at November 12, 2008)Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Cash & Other Assets 19,227.21 100.00Net Assets 19,227.21 100.00

Note:a) NAV at the beginning of the Half-year and at the maturity date i.e. November 28, 2008


NAV as on 28-Nov-2008 Growth Plan (Rs) 10.2811 Dividend Plan (Rs) 10.0000b) Dividends declared during the Half - year ended March 31, 2009:

TEMPLETON FIXED HORIZON FUND - SERIES X - PLAN B (As at November 28, 2008)Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets


Note: a) NAV at the beginning of the Half-year and at the maturity date i.e. December 11, 2008


NAV as on 11-Dec-2008 Growth Plan (Rs) 10.2820 Dividend Plan (Rs) 10.0000b) Dividends declared during the Half - year ended March 31, 2009:

TEMPLETON FIXED HORIZON FUND - SERIES X - PLAN C (As at December 11, 2008)Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets








TEMPLETON FIXED HORIZON FUND - SERIES IX - PLAN BCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Cholamandalam DBS Finance Ltd. LAA- 570 5,627.89 15.84Total 5,627.89 15.84(b) Securitised Debt Instruments CLSS 23 TRUST 2009 A PTC(Originator: Kotak Mahindra Prime Ltd.) P1+(SO) 57 5,673.96 15.97ICLS TRUST 2008 Series 39 A7(Orig:Yes Bank Ltd.) F1+(IND)(SO) 48 4,334.98 12.20LRST C 2008 SrC2 (Originator - JPMorganSecurities India Private Limited) AAA (IND) (SO) 45 3,941.70 11.09UBL Trust Sr 63 B(Originator: DSP Merrill Lynch Cap Ltd.) P1+(SO) 25 2,509.29 7.06Credit Asset Trust Series LV A2(PO)(Orig :HSBC) F1+(IND)(SO) 22 2,238.07 6.30ICLS Trust 2008 Sr 27 A4(Originator: Yes Bank Ltd.) LAA+ (SO) 15 1,344.32 3.78Total 20,042.32 56.40Money Market Instruments Commercial Paper Reliance Capital Ltd. P1+ 998 4,858.36 13.67Sundaram BNP Paribas Home Finance Ltd. P1+ 340 1,637.29 4.61Kotak Mahindra Prime Ltd. P1+ 280 1,351.48 3.80Total 7,847.13 22.08Totals 33,517.34 94.31Cash & Other Assets 2,010.35 5.69Net Assets 35,527.69 100.00

TEMPLETON FIXED HORIZON FUND - SERIES IX - PLAN CCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Cholamandalam DBS Finance Ltd LAA- 420 4,156.40 14.29Total 4,156.40 14.29(b) Securitised Debt Instruments Corporate Debt Trust 08-09 Sr 9 A1(Orig: Axis Bank Ltd.) P1+(SO) 50 4,448.35 15.29LRST B 2008 SrB2(Originator - JPMorganChase Bank) AAA (IND) (SO) 50 4,395.35 15.11CLSS 24 TRUST 2009 A PTC(Originator: Kotak Mahindra Prime Ltd.) P1+(SO) 44 4,383.36 15.07ICLS Trust 2008 Series 36 A1(Orig:Yes Bank Ltd.) F1+(IND)(SO) 40 3,548.61 12.20Corporate Debt Trust 08-09 Sr 10 A1(Orig: Axis Bank Ltd.) P2+(SO) 24 2,127.44 7.31ICLS Trust 2008 Series 39 A7(Orig:Yes Bank Ltd.) F1+(IND)(SO) 20 1,806.24 6.21ICLS Trust 2008 Series 33 A6(Orig:Yes Bank Ltd.) PR1+(SO) 16 1,417.70 4.87UBL Trust Sr 63 B(Originator: DSP Merrill Lynch Cap Ltd.) P1+(SO) 6 602.23 2.07Total 22,729.28 78.13Totals 26,885.68 92.41Cash & Other Assets 2,207.10 7.59Net Assets 29,092.78 100.00

TEMPLETON FIXED HORIZON FUND - SERIES IX - PLAN A (Contd.) TEMPLETON FIXED HORIZON FUND - SERIES IX - PLAN E (Contd.) TEMPLETON FIXED HORIZON FUND - SERIES XI - PLAN B (Contd.)


Note: a) NAV at the beginning of the Half-year and at the maturity date i.e. January 9, 2009

NAV as on 30-Sep-2008 N.A

NAV as on 9-Jan-2009 Growth Plan (Rs) 10.3032 Dividend Plan (Rs) 10.0000b) Dividends declared during the Half - year ended March 31, 2009:

TEMPLETON FIXED HORIZON FUND - SERIES X - PLAN D (As at January 09, 2009)Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Cash & Other Assets 7855.57 100.00 Net Assets 7855.57 100.00

Note: a) NAV at the beginning of the Half-year and at the maturity date i.e. January 22, 2009

NAV as on 30-Sep-2008 N.A

NAV as on 22-Jan-2009 Growth Plan (Rs) 10.2649 Dividend Plan (Rs) 10.0000b) Dividends declared during the Half - year ended March 31, 2009:

TEMPLETON FIXED HORIZON FUND - SERIES X - PLAN E (As at January 22, 2009)Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets


Net Assets 4303.99 100.00

Note: a) NAV at the beginning of the Half-year and at the maturity date i.e. March 24, 2009


NAV as on 24-Mar-2009 Growth Plan (Rs) 10.5846 Dividend Plan (Rs) 10.0000b) Dividends declared during the Half - year ended March 31, 2009:


Debt Instruments(a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded ScripsCholamandalam DBS Finance Ltd. LAA- 450 4,451.01 15.49Citicorp Financial (India) Ltd. AA+ 100 996.88 3.47Hindalco Industries Ltd. AA 55 988.71 3.44Total 6,436.60 22.40(b) Privately Placed / UnlistedKotak Mahindra Investment Ltd. A1+ 380 3,785.31 13.17Total 3,785.31 13.17(c) Securitised Debt InstrumentsRB LOAN TRUST SR.27 A4(Originator: SCB) P1+(SO) 50 4,428.94 15.41Loan Securitisation Trust - 49A(Originator: ICICI Bank) AA (IND) (SO) 48 3,929.75 13.67LST SERIES 51 1B(Orig. ICICI Bank Ltd) AA+ (SO) 28 2,478.70 8.62

TEMPLETON FIXED HORIZON FUND - SERIES XI - PLAN B




TEMPLETON FIXED HORIZON FUND - SERIES XI - PLAN CCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Money Market Instruments

Certificate of Deposit IDBI Bank Ltd. P1+ 5,000 4,738.21 45.05ICICI Bank Ltd. A1+ 3,795 3,601.27 34.24Axis Bank Ltd. P1+ 2,300 2,190.97 20.83

Total 10,530.45 100.12


Net Assets 10,518.04 100.00





Money Market Instruments

Certificate of Deposit

National Housing Bank AAA 1,500 1,411.23 58.59

Punjab National Bank PR1+ 1,000 935.70 38.84

Total 2,346.93 97.43


Net Assets 2,408.85 100.00

TEMPLETON FIXED HORIZON FUND - SERIES XI - PLAN D

Note: a) NAV at the end of the Half-year ended March 31, 2009


TEMPLETON FIXED HORIZON FUND - SERIES XI - PLAN GCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments (a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Sundaram BNP Paribas Home Finance Ltd. LAA 150 1,530.70 14.32Tata Capital Ltd. LAA+ 140 1,384.20 12.95Total 2914.90 27.27

(b) Privately Placed / UnlistedSriram Transport Co. Ltd. AA (IND) 165 1,630.20 15.25Cholamandalam DBS Finance Ltd. LAA- 150 1,517.19 14.20GE Capital Services India Ltd. AAA 135 1,339.69 12.54Kotak Mahindra Prime Ltd. LAA 70 680.56 6.37Citifinancial Consumer Finance India Ltd. AA+ 50 492.92 4.61Total 5,660.56 52.97

(c) Securitised Debt Instruments IRS Trust Series I A3(Originator: IDFC) LAAA (SO) 14 1,400.30 13.10Total 1,400.30 13.10

Totals 9,975.76 93.34


Net Assets 10,687.29 100.00




TEMPLETON FIXED HORIZON FUND - SERIES XI - PLAN HCompany Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets

Debt Instruments(a) Listed / awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Tata Capital Ltd. LAA+ 60 593.23 13.63

Total 593.23 13.63

(b) Privately Placed / Unlisted Shriram Transport Finance Co. Ltd. AA (IND) 60 620.32 14.26Cholamandalam DBS Finance Ltd. LAA- 60 609.98 14.02GE Capital Services India Ltd. AAA 60 595.42 13.68Kotak Mahindra Prime Ltd. LAA 60 583.34 13.41Deutsche Postbank Home Finance Ltd. LAA+ 40 407.77 9.37Total 2,816.83 64.74(c) Securitized Debt Instruments IRS Trust Series I A3 (Originator: IDFC) LAAA (SO) 6 600.13 13.79

Total 600.13 13.79Totals 4,010.19 92.16Cash & Other Assets 341.19 7.84Net Assets 4,351.38 100.00




CDT Series 11 A1(Originator: Axis Bank Ltd) A1+(SO) 25 2,251.92 7.84CDT Series 12 A1(Originator: Axis Bank Ltd) A1+(SO) 25 2,253.12 7.84Corporate Debt Trust 08-09 Sr 10 A1(Orig: Axis Bank Ltd.) P2+(SO) 10 886.44 3.08Receivable Sec Trust Sr III A2(Originator: IDFC) A1+(SO) 3 303.87 1.06

Total 16,532.74 57.52

Totals 26,754.65 93.09Cash & Other Assets 1,986.15 6.91

Net Assets 28,740.80 100.00

Plan Name Dividend per unit Individuals/HUF Others

Dividend 0.2339 0.2177


Dividend 0.2462 0.2292


Dividend 0.2470 0.2299


Dividend 0.2656 0.2472

TEMPLETON FIXED HORIZON FUND - SERIES XI - PLAN A (As at March 24, 2009)Company Name Rating Quantity Market Value % to Net (Rs. in Lakhs) Assets


Net Assets 9056.83 100.00


Dividend 0.2320 0.2160


Dividend 0.5121 0.4766

c) Portfolio Turnover Ratio during the Half - year ended March 31, 2009 97.24%

TEMPLETON INDIA GROWTH FUNDCompany Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets

Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Reliance Industries Ltd. Petroleum Products 130,000 1,980.16 8.72 Oil & Natural Gas Corp. Ltd. Oil 243,500 1,898.57 8.36 Tata Chemicals Ltd. Fertilisers 1,054,645 1,489.69 6.56 Tata Investment Corp. Ltd. Finance 618,892 1,423.76 6.27 Bharti Airtel Ltd. Telecom - Services 200,000 1,251.60 5.51 Tata Consultancy Services Ltd. Software 200,000 1,080.00 4.76 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 220,000 1,075.03 4.74 Idea Cellular Ltd. Telecom - Services 1,850,596 928.07 4.09 Grasim Industries Ltd. Cement 50,000 788.40 3.47 ICICI Bank Ltd. Banks 230,000 764.98 3.37 Federal Bank Ltd. Banks 512,853 708.25 3.12 Gujarat Gas Co. Ltd. Gas 249,253 684.82 3.02 Infosys Technologies Ltd. Software 50,000 662.05 2.92 Union Bank of India Ltd. Banks 420,000 618.45 2.72 Hindalco Industries Ltd. Non - Ferrous Metals 1,132,552 587.79 2.59 Sundaram Finance Ltd. Finance 335,036 545.61 2.40 ING Vysya Bank Ltd. Banks 400,000 518.40 2.28 E.I.D. - Parry (India) Ltd. Consumer Non Durables 350,000 506.98 2.23 Great Eastern Shipping Co. Ltd. Transportation 211,639 397.67 1.75 Tamilnadu Newsprint and Papers Ltd. Paper 653,000 374.17 1.65 Bajaj Auto Ltd. Auto 55,000 340.15 1.50 MindTree Ltd. Software 142,743 302.33 1.33 HCL Infosystems Ltd. Telecom - Equipment & Accessories 355,416 270.12 1.19 Steel Authority of India Ltd. Ferrous Metals 250,000 241.13 1.06 Ranbaxy Laboratories Ltd. Pharmaceuticals 140,113 232.03 1.02 GAIL India Ltd. Gas 90,000 219.83 0.97 Ashok Leyland Ltd. Auto 900,000 162.89 0.72 Sesa Goa Ltd. Minerals/Mining 133,400 134.40 0.59 Tata Steel Ltd. Ferrous Metals 64,647 133.16 0.59 Shipping Corp. of India Ltd. Transportation 5,358 4.11 0.02 Total 20,324.60 89.52 Preference Shares Listed/Awaiting listing on Stock Exchanges Tata Steel Ltd. Ferrous Metals 2,200,000 729.74 3.21 Total 729.74 3.21Totals 21,054.34 92.73Cash & Other Assets 1,646.63 7.27Net Assets 22,700.97 100.00









d) ** Total value and percentage of illiquid securities Rs. 0.02 Lakhs and 0.000042% of net assets







d) ** Total value and percentage of illiquid securities Rs. 5.21 Lakhs

and 0.0049234% of net assets


Dividend 2.5000


FRANKLIN INDIA BLUECHIP FUNDCompany Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets

Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Reliance Industries Ltd. Petroleum Products 900,000 13,708.80 9.23Bharti Airtel Ltd. Telecom - Services 1,800,000 11,264.40 7.58HDFC Bank Ltd. Banks 1,000,000 9,678.50 6.51Infosys Technologies Ltd. Software 700,000 9,268.70 6.24Housing Development Finance Corp. Ltd. Finance 470,000 6,632.64 4.46Nestle India Ltd. Consumer Non Durables 400,000 6,225.60 4.19Larsen & Toubro Ltd. Construction Project 905,200 6,088.83 4.10Kotak Mahindra Bank Ltd. Banks 1,800,000 5,093.10 3.43Axis Bank Ltd. Banks 1,200,000 4,974.00 3.35Hero Honda Motors Ltd. Auto 430,000 4,601.65 3.10Hindustan Unilever Ltd. Diversified 1,900,000 4,525.80 3.05Idea Cellular Ltd. Telecom - Services 8,500,000 4,262.75 2.87Cummins India Ltd. Industrial Products 2,200,000 4,084.30 2.75Cipla Ltd. Pharmaceuticals 1,800,000 3,955.50 2.66Grasim Industries Ltd. Cement 240,000 3,784.32 2.55Infrastructure Development Finance Co. Ltd. Finance 6,000,000 3,252.00 2.19ABB Ltd. India Industrial Capital Goods 720,000 3,077.28 2.07ICICI Bank Ltd. Banks 900,000 2,993.40 2.01Bharat Electronics Ltd. Industrial Capital Goods 320,000 2,825.28 1.90Asian Paints Ltd. Consumer Non Durables 350,000 2,751.00 1.85Dabur India Ltd. Consumer Non Durables 2,300,000 2,270.10 1.53Bharat Heavy Electricals Ltd. Industrial Capital Goods 150,000 2,256.53 1.52Dr. Reddy's Laboratories Ltd. Pharmaceuticals 450,000 2,198.93 1.48Siemens India Ltd. Industrial Capital Goods 800,000 2,156.00 1.45ITC Ltd. Consumer Non Durables 1,150,000 2,125.20 1.43Lupin Laboratories Ltd. Pharmaceuticals 300,000 2,067.60 1.39Bharat Petroleum Corp. Ltd. Petroleum Products 500,000 1,883.25 1.27Oil & Natural Gas Corp. Ltd. Oil 200,000 1,559.40 1.05Great Eastern Shipping Co. Ltd. Transportation 816,366 1,533.95 1.03Tata Consultancy Services Ltd. Software 257,000 1,387.80 0.93Tata Chemicals Ltd. Fertilisers 609,934 861.52 0.58Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 65,301 710.51 0.48JSW Steel Ltd. Ferrous Metals 300,000 695.54 0.47Tata Steel Ltd. Ferrous Metals 300,000 618.00 0.42Total 135,372.18 91.12Cash & Other Assets 13,218.82 8.88Net Assets 148,591.00 100.00




FRANKLIN INDIA PRIMA FUND

FRANKLIN INDIA PRIMA FUND (Contd.)


Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges FAG Bearings (India) Ltd. Industrial Products 682,292 1,978.65 4.05 Bharti Airtel Ltd. Telecom - Services 308,759 1,932.21 3.96 Jagran Prakashan Ltd. Media & Entertainment 2,880,323 1,624.50 3.33 Pidilite Industries Ltd. Chemicals 1,869,799 1,579.05 3.23 Marico Ltd. Consumer Non Durables 2,390,172 1,435.30 2.94 Infrastructure Development Finance Co. Ltd. Finance 2,627,781 1,424.26 2.92 Lupin Laboratories Ltd. Pharmaceuticals 193,135 1,331.09 2.73 Asian Paints Ltd. Consumer Non Durables 167,595 1,317.30 2.70 HDFC Bank Ltd. Banks 119,048 1,152.21 2.36 Gujarat State Petronet Ltd. Gas 3,005,433 1,151.08 2.36 Bharat Electronics Ltd. Industrial Capital Goods 119,681 1,056.66 2.16 Torrent Pharmaceuticals Ltd. Pharmaceuticals 778,220 1,043.20 2.14 Exide Industries Ltd. Auto Ancillaries 2,432,939 1,008.45 2.07 Cummins India Ltd. Industrial Products 539,439 1,001.47 2.05 Federal Bank Ltd. Banks 720,156 994.54 2.04 Ipca Laboratories Ltd. Pharmaceuticals 297,576 978.88 2.00 Deccan Chronicle Holdings Ltd. Media & Entertainment 2,008,192 951.88 1.95 Larsen & Toubro Ltd. Construction Project 141,343 950.74 1.95 Piramal Healthcare Ltd. Pharmaceuticals 483,650 939.49 1.92



Dividend 3.0000

United Phosphorus Ltd. Pesticides 924,164 903.37 1.85Hero Honda Motors Ltd. Auto 83,746 896.21 1.84Bajaj Auto Ltd. Auto 141,215 873.34 1.79Hindustan Zinc Ltd. Non - Ferrous Metals 189,275 846.82 1.73LIC Housing Finance Ltd. Finance 365,121 819.88 1.68Thermax India Ltd. Industrial Capital Goods 448,950 811.93 1.66Neyveli Lignite Co. Ltd. Power 939,507 786.84 1.61Cadila Healthcare Ltd. Pharmaceuticals 287,246 781.60 1.60Finolex Cables Ltd. Industrial Products 4,012,992 776.51 1.59Tata Chemicals Ltd. Fertilisers 548,532 774.80 1.59Idea Cellular Ltd. Telecom - Services 1,260,926 632.35 1.30Ess Dee Aluminium Ltd. Industrial Products 397,171 595.56 1.22Britannia Industries Ltd. Consumer Non Durables 42,161 594.22 1.22GlaxoSmithkline Consumer Healthcare Ltd. Consumer Non Durables 81,319 571.23 1.17Yes Bank Banks 1,142,949 570.33 1.17Crompton Greaves Ltd. Industrial Capital Goods 454,309 559.25 1.15Castrol (India) Ltd. Petroleum Products 163,865 533.38 1.09Grasim Industries Ltd. Cement 33,002 520.38 1.07India Cements Ltd. Cement 479,686 508.23 1.04Cairn India Ltd. Oil 266,806 491.06 1.01TIL Ltd. Industrial Capital Goods 535,535 455.20 0.93Axis Bank Ltd. Banks 103,707 429.87 0.88Union Bank of India Ltd. Banks 291,680 429.50 0.88Indian Overseas Bank Banks 913,774 415.77 0.85Sintex Industries Ltd. Industrial Products 421,629 414.04 0.85Greaves Cotton Ltd. Industrial Products 701,219 403.20 0.83GVK Power & Infrastructure Ltd. Power 1675843 391.31 0.80Great Eastern Shipping Co. Ltd. Transportation 206,737 388.46 0.80United Spirits Ltd. Consumer Non Durables 53,774 349.40 0.72IVRCL Infrastructures and Projects Ltd. Construction 284,972 346.38 0.71Alstom Projects India Ltd. Industrial Capital Goods 113,046 314.44 0.64JMC Projects (India) Ltd. Construction 514,697 307.02 0.63Kalpataru Power Transmission Ltd. Power 92,194 300.37 0.62IBN18 Broadcast Ltd. Media & Entertainment 345,936 258.23 0.53Aditya Birla Nuvo Ltd. Diversified 56,952 252.97 0.51Kotak Mahindra Bank Ltd. Banks 85,738 242.60 0.49Gujarat Gas Co. Ltd. Gas 64,536 177.30 0.35Kirloskar Electric Co. Ltd. Industrial Capital Goods 556,837 127.24 0.26Hindustan Petroleum Corp. Ltd. Petroleum Products 45,723 123.03 0.25Zydus Wellness Ltd. Consumer Non Durables 66,365 38.86 0.08Total 43,863.44 89.85(b) Unlisted** Him Techno Unlisted 170,000 0.02 0.00*Numero Uno International Ltd. Unlisted 8,100 0.00 0.00*Shreeyash Industries Ltd. Unlisted 27,000 0.00 0.00*Total 0.02 0.00*Totals 43,863.46 89.85Cash & Other Assets 4,965.80 10.15Net Assets 48,829.26 100.00



NAV as on 31-Mar-2009 Growth Plan (Rs) 16.6642 Dividend Plan (Rs) 8.3184b) Dividends declared during the Half - year ended March 31, 2009: NILc) Portfolio Turnover Ratio during the Half - year ended March 31, 2009 165.54%d) ** Total value and percentage of illiquid securities Rs. 4.03 Lakhsand 0.009549% of net assets

FRANKLIN INDIA OPPORTUNITIES FUNDCompany Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets

Equity & Equity Related(a) Listed/Awaiting listing on Stock ExchangesReliance Industries Ltd. Petroleum Products 309,001 4,706.70 11.15Bharti Airtel Ltd. Telecom - Services 438,568 2,744.56 6.50Infosys Technologies Ltd. Software 180,377 2,388.37 5.66ITC Ltd. Consumer Non Durables 1,112,952 2,056.74 4.87Larsen & Toubro Ltd. Construction Project 279,315 1,878.81 4.45HDFC Bank Ltd. Banks 187,417 1,813.92 4.30State Bank of India Banks 144,576 1,541.98 3.65ICICI Bank Ltd. Banks 414,430 1,378.39 3.26Oil & Natural Gas Corp. Ltd. Oil 155,520 1,212.59 2.87Hindustan Unilever Ltd. Diversified 442,370 1,053.73 2.50Bharat Heavy Electricals Ltd. Industrial Capital Goods 66,994 1,007.82 2.39Reliance Petroleum Ltd. Petroleum Products 894,662 851.27 2.02Cipla Ltd. Pharmaceuticals 345,886 760.08 1.80Housing Development Finance Corp. Ltd. Finance 51,174 722.17 1.71Grasim Industries Ltd. Cement 44,553 702.51 1.66NTPC Ltd. Power 353,150 636.38 1.51Bharat Electronics Ltd. Industrial Capital Goods 66,436 586.56 1.39Ambuja Cements Ltd. Cement 782,967 558.26 1.32Mahindra & Mahindra Ltd. Auto 138,113 529.25 1.25ABB Ltd. India Industrial Capital Goods 119,785 511.96 1.21Tata Power Co. Ltd. Power 66,365 507.89 1.20Lupin Laboratories Ltd. Pharmaceuticals 72,131 497.13 1.18Colgate-Palmolive (India) Ltd. Consumer Non Durables 104,956 494.08 1.17Axis Bank Ltd. Banks 117,833 488.42 1.16Kotak Mahindra Bank Ltd. Banks 167,831 474.88 1.12Hero Honda Motors Ltd. Auto 41,936 448.78 1.06Bajaj Auto Ltd. Auto 72,377 447.62 1.06LIC Housing Finance Ltd. Finance 188,368 422.98 1.00Maruti Suzuki India Ltd. Auto 52,511 407.01 0.96Neyveli Lignite Co. Ltd. Power 475,505 398.24 0.94Television Eighteen India Ltd. Media & Entertainment 520,349 365.02 0.86GAIL India Ltd. Gas 148,118 361.78 0.86Idea Cellular Ltd. Telecom - Services 692,374 347.23 0.82Tata Consultancy Services Ltd. Software 57,992 313.16 0.74ACC Ltd. Cement 48,550 279.96 0.66BEML Ltd. Industrial Capital Goods 71,638 273.30 0.65Steel Authority of India Ltd. Ferrous Metals 280,848 270.88 0.64GVK Power & Infrastructure Ltd. Power 1,098,611 256.53 0.61Bharat Petroleum Corp. Ltd. Petroleum Products 67,145 252.90 0.60Apollo Hospitals Enterprise Ltd. Healthcare Services 57,498 234.71 0.56Sun Pharmaceutical Industries Ltd. Pharmaceuticals 20,621 229.38 0.54Wipro Ltd. Software 91,192 223.79 0.53Tata Steel Ltd. Ferrous Metals 107,292 221.02 0.52Sterlite Industries (India) Ltd. Non - Ferrous Metals 61,979 220.43 0.52Dr. Reddy's Laboratories Ltd. Pharmaceuticals 45,048 220.13 0.52Jindal Steel & Power Ferrous Metals 18,313 220.04 0.52Power Grid Corporation of India Ltd. Power 223,439 213.72 0.51Ashok Leyland Ltd. Auto 1,144,824 207.21 0.49Reliance Infrastructure Ltd. Power 39,787 205.04 0.49Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 16,889 183.76 0.44Hindustan Petroleum Corp. Ltd. Petroleum Products 66,254 178.29 0.42Infrastructure Development Finance Co. Ltd. Finance 325,151 176.23 0.42Cairn India Ltd. Oil 90,475 166.52 0.39IBN18 Broadcast Ltd. Media & Entertainment 218,661 163.23 0.39India Cements Ltd. Cement 153,733 162.88 0.39Siemens India Ltd. Industrial Capital Goods 47,122 126.99 0.30Zee Entertainment Enterprises Ltd. Media & Entertainment 111,471 118.44 0.28Chambal Fertilizers and Chemicals Ltd. Fertilisers 276,876 116.01 0.27Hindustan Construction Ltd. Construction Project 283,560 111.16 0.26United Phosphorus Ltd. Pesticides 110,359 107.87 0.26Asian Paints Ltd. Consumer Non Durables 11,100 87.24 0.21Glenmark Pharmaceuticals Ltd. Pharmaceuticals 50,500 79.68 0.19Jaiprakash Associates Ltd. Cement 92,013 77.46 0.18Total 39,001.07 92.36(b) Unlisted**Quantum Information Services Unlisted 44,170 3.97 0.01GCI Solutions Unlisted 489,000 0.05 0.00*Numero Uno International Ltd. Unlisted 98,000 0.01 0.00*Chennai Online.com Unlisted 23,815 0.00 0.00*Total 4.03 0.01Totals 39,005.10 92.37Cash & Other Assets 3,216.65 7.63Net Assets 42,221.75 100.00

Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 Growth Plan (Rs) 139.7243 Dividend Plan (Rs) 26.7277


FRANKLIN INDIA PRIMA PLUSCompany Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets

Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges HDFC Bank Ltd. Banks 862,558 8,348.27 7.90Reliance Industries Ltd. Petroleum Products 521,998 7,951.07 7.52Bharti Airtel Ltd. Telecom - Services 1,157,543 7,243.90 6.85Hindustan Unilever Ltd. Diversified 2,865,935 6,826.66 6.46Nestle India Ltd. Consumer Non Durables 353,230 5,497.67 5.20Infosys Technologies Ltd. Software 395,159 5,232.30 4.95Kotak Mahindra Bank Ltd. Banks 1,437,403 4,067.13 3.85Marico Ltd. Consumer Non Durables 6,000,000 3,603.00 3.41ABB Ltd. India Industrial Capital Goods 752,519 3,216.27 3.04Cummins India Ltd. Industrial Products 1,587,491 2,947.18 2.79IBN18 Broadcast Ltd. Media & Entertainment 3,555,720 2,654.34 2.51Idea Cellular Ltd. Telecom - Services 5,173,001 2,594.26 2.45Axis Bank Ltd. Banks 578,105 2,396.25 2.27Hero Honda Motors Ltd. Auto 190,401 2,037.58 1.93Shree Cements Ltd. Cement 285,859 2,027.17 1.92Bharat Petroleum Corp. Ltd. Petroleum Products 491,935 1,852.87 1.75Larsen & Toubro Ltd. Construction Project 259,100 1,742.84 1.65Jagran Prakashan Ltd. Media & Entertainment 2,963,870 1,671.62 1.58Lupin Laboratories Ltd. Pharmaceuticals 225,791 1,556.15 1.47Housing Development Finance Corp. Ltd. Finance 109,105 1,539.69 1.46Hindalco Industries Ltd. Non - Ferrous Metals 2,963,221 1,537.91 1.45Television Eighteen India Ltd. Media & Entertainment 2,077,256 1,457.20 1.38Hindustan Petroleum Corp. Ltd. Petroleum Products 525,183 1,413.27 1.34HT Media Ltd. Media & Entertainment 2,043,071 1,202.35 1.14Titan Industries Ltd. Consumer Non Durables 153,200 1,194.81 1.13Ashok Leyland Ltd. Auto 6,520,610 1,180.23 1.12Asian Paints Ltd. Consumer Non Durables 140,800 1,106.69 1.05Cipla Ltd. Pharmaceuticals 501,000 1,100.95 1.04Great Eastern Shipping Co. Ltd. Transportation 574,356 1,079.21 1.02Crisil Ltd. Finance 39,479 1,066.39 1.01Pfizer Ltd. Pharmaceuticals 179,605 1,042.25 0.99Jindal Steel & Power Ferrous Metals 86,100 1,034.53 0.98Indian Oil Corp. Ltd. Petroleum Products 252,553 978.26 0.93Dabur India Ltd. Consumer Non Durables 862,702 851.49 0.81Bharat Electronics Ltd. Industrial Capital Goods 85,925 758.63 0.72Deccan Chronicle Holdings Ltd. Media & Entertainment 1,313,500 622.60 0.59Bosch Ltd. Auto Ancillaries 20,000 613.64 0.58GlaxoSmithkline ConsumerHealthcare Ltd. Consumer Non Durables 86,762 609.46 0.58Cadila Healthcare Ltd. Pharmaceuticals 210,400 572.50 0.54Oil & Natural Gas Corp. Ltd. Oil 68,200 531.76 0.50New Delhi Television Ltd. Media & Entertainment 552,843 479.59 0.45Gujarat Mineral Dev Corp. Ltd. Minerals/Mining 977,400 387.54 0.37TV Today Network Media & Entertainment 563,165 371.13 0.35Hindustan Zinc Ltd. Non - Ferrous Metals 79,883 357.40 0.34UTV Software Communications Ltd. Media & Entertainment 179,200 356.07 0.34Eclerx Services Ltd. Software 259,796 305.39 0.29Trent Ltd. Retailing 71,726 236.70 0.22ING Vysya Bank Ltd. Banks 172,501 223.56 0.21Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 19,861 216.10 0.20Aditya Birla Nuvo Ltd. Diversified 45,752 203.22 0.19Network 18 Media & Investments Ltd. Finance 153,191 104.47 0.10ICRA Ltd. Finance 11,140 54.44 0.05Zydus Wellness Ltd. Consumer Non Durables 27,973 16.38 0.02Total 98,272.34 92.99Preference SharesListed/Awaiting listing on Stock ExchangesNetwork 18 Media & Investments Ltd. Finance 2,606 2.06 0.00*Total 2.06 0.00*(b) Unlisted** Network 18 Media & Investments Ltd., wts Unlisted 2,606 1.78 0.00*Numero Uno International Ltd. Unlisted 73,500 0.01 0.00*Quantum Information Services Unlisted 38,000 3.42 0.00*Quantum Information Systems Unlisted 45,000 0.00 0.00*Total 5.21 0.00*Totals 98,279.61 92.99Cash & Other Assets 7,447.98 7.01Net Assets 105,727.59 100.00

* Less than 0.01%

* Less than 0.01%

* Less than 0.01%

FRANKLIN INDIA FLEXI CAP FUNDCompany Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets

Equity & Equity Related(a) Listed/Awaiting listing on Stock Exchanges Bharti Airtel Ltd. Telecom - Services 2,099,933 13,141.38 8.79HDFC Bank Ltd. Banks 1,354,908 13,113.48 8.77Axis Bank Ltd. Banks 3,138,366 13,008.53 8.70Reliance Industries Ltd. Petroleum Products 789,011 12,018.22 8.04Larsen & Toubro Ltd. Construction Project 1,034,536 6,958.81 4.66Idea Cellular Ltd. Telecom - Services 11,378,024 5,706.08 3.82Lupin Laboratories Ltd. Pharmaceuticals 824,942 5,685.50 3.80Hindustan Unilever Ltd. Diversified 2,256,691 5,375.44 3.60Cummins India Ltd. Industrial Products 2,431,543 4,514.16 3.02Oil & Natural Gas Corp. Ltd. Oil 551,400 4,299.27 2.88Piramal Healthcare Ltd. Pharmaceuticals 1,990,395 3,866.34 2.59Marico Ltd. Consumer Non Durables 5,268,824 3,163.93 2.12Infrastructure Development Finance Co. Ltd. Finance 5,575,931 3,022.15 2.02Hindalco Industries Ltd. Non - Ferrous Metals 5,807,447 3,014.06 2.02Bharat Electronics Ltd. Industrial Capital Goods 341,206 3,012.51 2.02ITC Ltd. Consumer Non Durables 1,475,813 2,727.30 1.82Steel Authority of India Ltd. Ferrous Metals 2,505,500 2,416.55 1.62ABB Ltd. India Industrial Capital Goods 545,722 2,332.42 1.56India Cements Ltd. Cement 2,186,000 2,316.07 1.55ICICI Bank Ltd. Banks 674,700 2,244.05 1.50Asian Paints Ltd. Consumer Non Durables 277,738 2,183.02 1.46Tata Chemicals Ltd. Fertilisers 1,503,761 2,124.06 1.42Gujarat State Petronet Ltd. Gas 5,132,000 1,965.56 1.31ING Vysya Bank Ltd. Banks 1,382,223 1,791.36 1.20Deepak Fertilizers & Petrochemicals Corp. Ltd. Fertilisers 3,057,905 1,730.77 1.16Hero Honda Motors Ltd. Auto 160,847 1,721.30 1.15Grasim Industries Ltd. Cement 103,400 1,630.41 1.09Deccan Chronicle Holdings Ltd. Media & Entertainment 3,221,220 1,526.86 1.02IBN18 Broadcast Ltd. Media & Entertainment 1,913,979 1,428.79 0.96Cadila Healthcare Ltd. Pharmaceuticals 463,244 1,260.49 0.84Mahindra & Mahindra Ltd. Auto 243,947 934.80 0.63ICRA Ltd. Finance 189,229 924.95 0.62Voltas Ltd. Construction Project 1,997,607 921.90 0.62Ashok Leyland Ltd. Auto 5,081,600 919.77 0.62Amara Raja Batteries Ltd. Auto Ancillaries 2,415,000 892.34 0.60Indian Overseas Bank Banks 1,954,230 889.17 0.59Aditya Birla Nuvo Ltd. Diversified 196,692 873.71 0.58United Phosphorus Ltd. Pesticides 892,700 872.61 0.58Wyeth Ltd. Pharmaceuticals 200,000 834.60 0.56Yes Bank Banks 1,638,398 817.56 0.55Television Eighteen India Ltd. Media & Entertainment 1,055,516 740.44 0.50Pricol Ltd. Auto Ancillaries 7,092,734 504.29 0.34Reliance Petroleum Ltd. Petroleum Products 499,032 474.83 0.32GVK Power & Infrastructure Ltd. Power 1,703,800 397.84 0.27Clariant Chemicals (India) Ltd. Chemicals 139,621 274.77 0.18Zydus Wellness Ltd. Consumer Non Durables 70,136 41.07 0.03Pidilite Industries Ltd. Chemicals 16,116 13.61 0.01Total 140,627.13 94.11Cash & Other Assets 8,845.67 5.89Net Assets 149,472.80 100.00



Dividend 2.5000

FRANKLIN INDIA HIGH GROWTH COMPANIES FUND


Equity & Equity Related(a) Listed/Awaiting listing on Stock ExchangesHDFC Bank Ltd. Banks 734,320 7,107.12 9.41Bharti Airtel Ltd. Telecom - Services 1,039,896 6,507.67 8.62Axis Bank Ltd. Banks 1,567,636 6,497.85 8.61Reliance Industries Ltd. Petroleum Products 420,592 6,406.46 8.49Lupin Laboratories Ltd. Pharmaceuticals 586,464 4,041.91 5.35Larsen & Toubro Ltd. Construction Project 600,247 4,037.56 5.35Idea Cellular Ltd. Telecom - Services 6,455,189 3,237.28 4.29Piramal Healthcare Ltd. Pharmaceuticals 1,287,727 2,501.41 3.31Cummins India Ltd. Industrial Products 1,192,066 2,213.07 2.93Asian Paints Ltd. Consumer Non Durables 274,966 2,161.23 2.86Deccan Chronicle Holdings Ltd. Media & Entertainment 3,847,542 1,823.73 2.42Pidilite Industries Ltd. Chemicals 1,898,683 1,603.44 2.12FAG Bearings (India) Ltd. Industrial Products 526,800 1,527.72 2.02Infrastructure Development Finance Co. Ltd. Finance 2,799,991 1,517.60 2.01Marico Ltd. Consumer Non Durables 2,500,000 1,501.25 1.99Hindustan Unilever Ltd. Diversified 627,311 1,494.25 1.98Thermax India Ltd. Industrial Capital Goods 763,677 1,381.11 1.83ING Vysya Bank Ltd. Banks 1,008,349 1,306.82 1.73Ipca Laboratories Ltd. Pharmaceuticals 388,578 1,278.23 1.69ITC Ltd. Consumer Non Durables 611,484 1,130.02 1.50ICICI Bank Ltd. Banks 339,600 1,129.51 1.50Gujarat State Petronet Ltd. Gas 2,602,795 996.87 1.32Dr. Reddy's Laboratories Ltd. Pharmaceuticals 177,900 869.31 1.15GVK Power & Infrastructure Ltd. Power 3,339,133 779.69 1.03Television Eighteen India Ltd. Media & Entertainment 1,052,912 738.62 0.98Cipla Ltd. Pharmaceuticals 303,297 666.50 0.88ABB Ltd. India Industrial Capital Goods 152,161 650.34 0.86Britannia Industries Ltd. Consumer Non Durables 41,155 580.04 0.77Amara Raja Batteries Ltd. Auto Ancillaries 1,517,953 560.88 0.74ICRA Ltd. Finance 99,023 484.02 0.64Aditya Birla Nuvo Ltd. Diversified 101,892 452.60 0.60Voltas Ltd. Construction Project 978,307 451.49 0.60Tata Chemicals Ltd. Fertilisers 300,000 423.75 0.56Exide Industries Ltd. Auto Ancillaries 1,000,000 414.50 0.55Simplex Infrastructure Ltd. Construction 257,900 402.32 0.53Kalpataru Power Transmission Ltd. Power 116,519 379.62 0.50IBN18 Broadcast Ltd. Media & Entertainment 502,000 374.74 0.50Voltamp Transformers Ltd. Industrial Capital Goods 106,286 360.73 0.48Emco Ltd. Industrial Capital Goods 964,779 300.05 0.40Venus Remedies Ltd. Pharmaceuticals 176,511 262.21 0.35Yes Bank Banks 451,158 225.13 0.30Financial Technologies (India) Ltd. Software 34,500 213.86 0.28Kirloskar Electric Co. Ltd. Industrial Capital Goods 572,170 130.74 0.17United Phosphorus Ltd. Pesticides 36,147 35.33 0.05Totals 71,158.58 94.25Cash & Other Assets 4,330.29 5.75Net Assets 75,488.87 100.00








NAV as on 31-Mar-2009 Growth Plan (Rs) 27.3996 Dividend Plan (Rs) 27.3996b) Dividends declared during the Half - year ended March 31, 2009: NILc) Portfolio Turnover Ratio during the Half - year ended March 31, 2009 10.58%

FRANKLIN INDIA TAXSHIELD


Equity & Equity Related(a) Listed/Awaiting listing on Stock ExchangeReliance Industries Ltd. Petroleum Products 218,500 3,328.19 8.15Bharti Airtel Ltd. Telecom - Services 425,000 2,659.65 6.52HDFC Bank Ltd. Banks 242,500 2,347.04 5.75Infosys Technologies Ltd. Software 160,000 2,118.56 5.19Bharat Heavy Electricals Ltd. Industrial Capital Goods 125,000 1,880.44 4.61Housing Development Finance Corp. Ltd. Finance 129,000 1,820.45 4.46Nestle India Ltd. Consumer Non Durables 105,000 1,634.22 4.00Larsen & Toubro Ltd. Construction Project 220,000 1,479.83 3.63Kotak Mahindra Bank Ltd. Banks 477,800 1,351.94 3.31Hero Honda Motors Ltd. Auto 124,415 1,331.43 3.26Hindustan Unilever Ltd. Diversified 550,000 1,310.10 3.21Marico Ltd. Consumer Non Durables 1,965,000 1,179.98 2.89Cummins India Ltd. Industrial Products 560,000 1,039.64 2.55Grasim Industries Ltd. Cement 65,000 1,024.92 2.51ICICI Bank Ltd. Banks 300,000 997.80 2.44Axis Bank Ltd. Banks 221,997 920.18 2.25Lupin Laboratories Ltd. Pharmaceuticals 130,000 895.96 2.20Dabur India Ltd. Consumer Non Durables 900,000 888.30 2.18ABB Ltd. India Industrial Capital Goods 177,000 756.50 1.85Idea Cellular Ltd. Telecom - Services 1,500,000 752.25 1.84Cipla Ltd. Pharmaceuticals 300,000 659.25 1.62Tata Consultancy Services Ltd. Software 120,000 648.00 1.59Infrastructure Development Finance Co. Ltd. Finance 1,178,812 638.92 1.57Asian Paints Ltd. Consumer Non Durables 78,537 617.30 1.51Pidilite Industries Ltd. Chemicals 689,394 582.19 1.43Britannia Industries Ltd. Consumer Non Durables 40,000 563.76 1.38Dr. Reddy's Laboratories Ltd. Pharmaceuticals 115,000 561.95 1.38Areva T&D India Ltd. Industrial Capital Goods 223,930 455.03 1.11ITC Ltd. Consumer Non Durables 231,326 427.49 1.05Great Eastern Shipping Co. Ltd. Transportation 225,000 422.78 1.04Federal Bank Ltd. Banks 300,000 414.30 1.02IBN18 Broadcast Ltd. Media & Entertainment 465,200 347.27 0.85Sun Pharmaceutical Industries Ltd. Pharmaceuticals 20,000 222.47 0.55Television Eighteen India Ltd. Media & Entertainment 315,818 221.55 0.54Gujarat Mineral Dev Corp. Ltd. Minerals/Mining 400,000 158.60 0.39Bajaj Holdings And Investment Ltd. Finance 51,639 153.60 0.38UTV Software Communications Ltd. Media & Entertainment 70,000 139.09 0.34Shaw Wallace and Co. Ltd. Consumer Non Durables 65,000 93.89 0.23Bharat Bijlee Industrial Capital Goods 16,788 73.82 0.18Total 37,118.64 90.96(b) Unlisted**Quantum Information Services Unlisted 3,500 0.31 0.00*Globsyn Technologies Ltd. Unlisted 30,000 0.00 0.00*Numero Uno International Ltd. Unlisted 2,900 0.00 0.00*Total 0.31 0.00*Totals 37,118.95 90.96Cash & Other Assets 3,693.52 9.04Net Assets 40,812.47 100.00




b) Dividends declared during the Half - year ended March 31, 2009:

FRANKLIN INDIA INDEX FUND - BSE SENSEX PLAN


c) Portfolio Turnover Ratio during the Half - year ended March 31, 2009 84.68%d) ** Total value and percentage of illiquid securities Rs. 0.031 Lakhs and 0.000768% of net assets


Equity & Equity Related (a) Listed/Awaiting listing on Stock ExchangesReliance Industries Ltd. Petroleum Products 30,832 469.63 17.12Infosys Technologies Ltd. Software 19,072 252.53 9.20ITC Ltd. Consumer Non Durables 103,551 191.36 6.98Bharti Airtel Ltd. Telecom - Services 26,040 162.96 5.94ICICI Bank Ltd. Banks 43,593 144.99 5.28Larsen & Toubro Ltd. Construction Project 20,673 139.06 5.07HDFC Bank Ltd. Banks 14,158 137.03 4.99Housing Development Finance Corp. Ltd. Finance 9,477 133.74 4.87Oil & Natural Gas Corp. Ltd. Oil 16,754 130.63 4.76State Bank of India Banks 11,207 119.53 4.36Hindustan Unilever Ltd. Diversified 42,699 101.71 3.71Bharat Heavy Electricals Ltd. Industrial Capital Goods 6,721 101.11 3.69NTPC Ltd. Power 48,471 87.34 3.18Tata Consultancy Services Ltd. Software 9,576 51.71 1.88Reliance Communications Ltd. Telecom - Services 28,176 49.20 1.79Tata Power Co. Ltd. Power 6,078 46.51 1.70Maruti Suzuki India Ltd. Auto 5,670 43.95 1.60Grasim Industries Ltd. Cement 2,704 42.64 1.55

FRANKLIN INDIA INDEX FUND - BSE SENSEX PLAN (Contd.)


Tata Steel Ltd. Ferrous Metals 20,034 41.27 1.50Sterlite Industries (India) Ltd. Non - Ferrous Metals 11,150 39.65 1.45Sun Pharmaceutical Industries Ltd. Pharmaceuticals 3,245 36.10 1.32Reliance Infrastructure Ltd. Power 5,754 29.65 1.08Mahindra & Mahindra Ltd. Auto 7,588 29.08 1.06Wipro Ltd. Software 11,486 28.19 1.03ACC Ltd. Cement 4,056 23.39 0.85Hindalco Industries Ltd. Non - Ferrous Metals 43,296 22.47 0.82Jaiprakash Associates Ltd. Cement 25,402 21.39 0.78Tata Motors Ltd. Auto 9,667 17.43 0.64DLF Ltd. Construction 10,050 16.80 0.61Ranbaxy Laboratories Ltd. Pharmaceuticals 6,567 10.87 0.40Total 2,721.92 99.21Cash & Other Assets 21.53 0.79Net Assets 2,743.45 100.00




FRANKLIN INDIA INDEX FUND - NIFTY PLAN


Equity & Equity Relate(a) Listed/Awaiting listing on Stock ExchangeReliance Industries Ltd. Petroleum Products 60,518 922.75 12.63Oil & Natural Gas Corp. Ltd. Oil 82,262 641.81 8.78National Thermal Power Corporation Ltd. Power 316,704 569.59 7.79Bharti Airtel Ltd. Telecom - Services 72,957 456.53 6.25Infosys Technologies Ltd. Software 22,028 291.63 3.99Bharat Heavy Electricals Ltd. Industrial Capital Goods 18,804 284.04 3.89ITC Ltd. Consumer Non Durables 145,064 268.15 3.67State Bank Of India Banks 24,375 260.11 3.56Tata Consultancy Services Ltd. Software 37,663 202.83 2.78Hindustan Unilever Ltd. Diversified 83,778 198.97 2.72Reliance Petroleum Ltd. Petroleum Products 172,870 164.40 2.25HDFC Bank Ltd. Banks 16,380 159.44 2.18Power Grid Corp Of India Ltd. Power 162,296 155.15 2.12Housing Development Finance Corp. Ltd. Finance 10,915 154.14 2.11Steel Authority of India Ltd. Ferrous Metals 158,936 153.29 2.10Larsen & Toubro Ltd. Construction Project 22,558 151.45 2.07ICICI Bank Ltd. Banks 42,671 142.01 1.94Reliance Communications Ltd. Telecom - Services 79,404 138.84 1.90Wipro Ltd. Software 56,416 138.73 1.90Cairn India Ltd. Oil 72,666 133.78 1.83GAIL India Ltd. Gas 48,754 119.74 1.64DLF Ltd. Construction 65,043 108.82 1.49Sterlite Industries (India) Ltd. Non - Ferrous Metals 27,238 97.40 1.33Reliance Power Ltd. Power 92,165 94.33 1.29Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 7,956 88.43 1.21Maruti Suzuki India Ltd. Auto 11,095 86.52 1.18Hero Honda Motors Ltd. Auto 7,725 82.75 1.13Cipla Ltd. Pharmaceuticals 29,859 65.70 0.90Tata Power Co. Ltd. Power 8,510 65.41 0.89Idea Cellular Ltd. Telecom - Services 119,554 59.90 0.82Tata Steel Ltd. Ferrous Metals 28,290 58.25 0.80Tata Communications Ltd. Telecom - Services 11,071 57.39 0.79Axis Bank Ltd. Banks 13,761 57.10 0.78Grasim Industries Ltd. Cement 3,512 55.57 0.76National Aluminium Co. Ltd. Non - Ferrous Metals 24,717 53.06 0.73Bharat Petroleum Corp. Ltd. Petroleum Products 13,844 52.06 0.71Punjab National Bank Ltd. Banks 12,174 50.09 0.69Reliance Infrastructure Ltd. Power 8,796 45.35 0.62ACC Ltd. Cement 7,290 41.87 0.57Ambuja Cements Ltd. Cement 59,019 41.67 0.57Mahindra & Mahindra Ltd. Auto 10,742 41.21 0.56Siemens India Ltd. Industrial Capital Goods 13,087 35.09 0.48ABB Ltd. India Industrial Capital Goods 8,061 34.40 0.47Hindalco Industries Inc. Non - Ferrous Metals 64,793 33.72 0.46Reliance Capital Ltd. Finance 9,472 33.48 0.46Tata Motors Ltd. Auto 17,180 30.98 0.42Ranbaxy Laboratories Ltd. Pharmaceuticals 16,297 27.00 0.37HCL Technologies Ltd. Software 25,845 26.37 0.36Suzlon Energy Ltd. Industrial Capital Goods 58,095 24.60 0.34Unitech Ltd. Construction 63,876 22.29 0.30Total 7,278.19 99.58Cash & Other Assets 30.42 0.42Net Assets 7,308.61 100.00



NAV as on 31-Mar-2009 Growth Plan (Rs) 24.0202 Dividend Plan (Rs) 8.3286b) Dividends declared during the Half - year ended March 31, 2009: NILc) Portfolio Turnover Ratio during the Half - year ended March 31, 2009 1.26%d) ** Total value and percentage of illiquid securities Rs. 0.10 Lakhs and 0.001419% of net assets

FRANKLIN INFOTECH FUND


Equity & Equity Relate(a) Listed/Awaiting listing on Stock Exchanges Infosys Technologies Ltd. Software 320,000 4,237.12 60.41Tata Consultancy Services Ltd. Software 210,000 1,134.00 16.17Wipro Ltd. Software 260,000 638.04 9.10Patni Computer Systems Ltd. Software 180,000 231.84 3.31Infotech Enterprises Ltd. Software 230,000 195.62 2.79Satyam Computer Services Ltd. Software 370,000 141.90 2.02Eclerx Services Ltd. Software 81,435 95.73 1.36Firstsource Solutions Ltd. Software 400,000 61.64 0.88Mastek Ltd. Software 40,000 47.06 0.67Financial Technologies (India) Ltd. Software 7,100 44.01 0.63KPIT Cummins Infosystems Ltd. Software 150,000 38.40 0.55Allsec Technologies Ltd. Software 76,822 21.81 0.31Total 6,887.17 98.20(b) Unlisted** Alberg Software Ltd Unlisted 15,000 0.00 0.00*GCI Solutions Unlisted 970,000 0.10 0.00*One Two Three India Unlisted 10,000 0.00 0.00*Total 0.10 0.00*Totals 6,887.27 98.20Cash & Other Assets 126.79 1.80Net Assets 7,014.06 100.00




FRANKLIN PHARMA FUND


Equity & Equity Relate(a) Listed/Awaiting listing on Stock Exchanges Lupin Laboratories Ltd. Pharmaceuticals 55,000 379.06 10.57Cipla Ltd. Pharmaceuticals 150,000 329.63 9.19Cadila Healthcare Ltd. Pharmaceuticals 112,623 306.45 8.55Dr. Reddy's Laboratories Ltd. Pharmaceuticals 53,000 258.98 7.22Sun Pharmaceutical Industries Ltd. Pharmaceuticals 23,000 255.84 7.13Apollo Hospitals Enterprise Ltd. Healthcare Services 59,535 243.02 6.78Pfizer Ltd. Pharmaceuticals 41,340 239.90 6.69Piramal Healthcare Ltd. Pharmaceuticals 116,607 226.51 6.32Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 16,569 180.28 5.03Ipca Laboratories Ltd. Pharmaceuticals 53,000 174.34 4.86Aurobindo Pharmaceuticals Ltd. Pharmaceuticals 75,253 142.91 3.99

FRANKLIN PHARMA FUND (Contd.)


Torrent Pharmaceuticals Ltd. Pharmaceuticals 95,945 128.61 3.59Dishman Pharmaceuticals & Chemicals Ltd. Pharmaceuticals 75,444 76.42 2.13Jubilant Organosys Ltd. Pharmaceuticals 72,986 69.63 1.94Fulford (India) Ltd. Pharmaceuticals 16,310 65.35 1.82Sun Pharma Advanced Research Co. Ltd. Pharmaceuticals 107,481 56.48 1.58Fortis Healthcare Ltd. Healthcare Services 50,000 34.00 0.95Indoco Remedies Ltd. Pharmaceuticals 17,000 23.32 0.65Venus Remedies Ltd. Pharmaceuticals 12,000 17.83 0.50Zydus Wellness Ltd. Consumer Non Durables 30,032 17.58 0.49Piramal Life Sciences Ltd. Pharmaceuticals 15,671 6.79 0.19Totals 3232.93 90.17Cash & Other Assets 353.03 9.83Net Assets 3585.96 100.00




FRANKLIN FMCG FUND


Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges Nestle India Ltd. Consumer Non Durables 22,000 342.41 15.91ITC Ltd. Consumer Non Durables 155,000 286.44 13.31Hindustan Unilever Ltd. Diversified 102,000 242.96 11.29Marico Ltd. Consumer Non Durables 315,000 189.16 8.79Asian Paints Ltd. Consumer Non Durables 23,894 187.81 8.72Britannia Industries Ltd. Consumer Non Durables 12,000 169.13 7.86Dabur India Ltd. Consumer Non Durables 150,000 148.05 6.88Pidilite Industries Ltd. Chemicals 105,000 88.67 4.12GlaxoSmithkline ConsumerHealthcare Ltd. Consumer Non Durables 10,000 70.25 3.26Tata Tea Ltd. Consumer Non Durables 11,000 64.42 2.99Emami Ltd. Consumer Non Durables 20,000 40.90 1.90Godrej Consumer Products Ltd. Consumer Non Durables 30,000 39.86 1.85United Spirits Ltd. Consumer Non Durables 6,000 38.99 1.81Pantaloon Retail India Ltd. Retailing 24,000 38.87 1.81United Breweries Ltd. Consumer Non Durables 36,100 32.28 1.50Kansai Nerolac Paints Ltd. Consumer Non Durables 7,000 31.26 1.45Heritage Foods (India) Ltd. Consumer Non Durables 23,526 12.72 0.59Total 2,024.18 94.04Debt Instruments Rating(a) Privately Placed / Unlisted Tata Coffee Ltd AA 25,000 35.62 1.65Total 35.62 1.65Totals 2,059.80 95.69Cash & Other Assets 92.88 4.31Net Assets 2,152.68 100.00




FRANKLIN INDIA SMALLER COMPANIES FUND

Company Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) AssetsEquity & Equity Related(a) Listed/Awaiting listing on Stock ExchangesExide Industries Ltd. Auto Ancillaries 4,301,330 1,782.90 4.87Deepak Fertilizers & Petrochemicals Corp. Ltd. Fertilisers 2,728,677 1,544.43 4.22Pidilite Industries Ltd. Chemicals 1,819,898 1,536.90 4.20Marico Ltd. Consumer Non Durables 2,371,303 1,423.97 3.89SKF India Ltd. Industrial Products 812,976 1,213.37 3.32Bharti Airtel Ltd. Telecom - Services 178,535 1,117.27 3.05Gujarat State Petronet Ltd. Gas 2,645,806 1,013.34 2.77Alstom Projects India Ltd. Industrial Capital Goods 340,726 947.73 2.59Cummins India Ltd. Industrial Products 490,907 911.37 2.49LIC Housing Finance Ltd. Finance 373,076 837.74 2.29Piramal Healthcare Ltd. Pharmaceuticals 377,301 732.91 2.00Great Offshore Ltd. Oil 266,281 667.43 1.82Ipca Laboratories Ltd. Pharmaceuticals 200,000 657.90 1.80Yes Bank Banks 1,312,488 654.93 1.79Chambal Fertilizers and Chemicals Ltd. Fertilisers 1,544,573 647.18 1.77Bajaj Auto Ltd. Auto 104,404 645.69 1.76HDFC Bank Ltd. Banks 65,365 632.64 1.73Indian Overseas Bank Banks 1,367,186 622.07 1.70Jagran Prakashan Ltd. Media & Entertainment 1,044,652 589.18 1.61Kalpataru Power Transmission Ltd. Power 180,320 587.48 1.61Hindustan Zinc Ltd. Non - Ferrous Metals 129,724 580.39 1.59Hero Honda Motors Ltd. Auto 54,040 578.31 1.58Infrastructure Development Finance Co. Ltd. Finance 1,066,049 577.80 1.58TRF Ltd. Industrial Capital Goods 249,064 568.11 1.55Cadila Healthcare Ltd. Pharmaceuticals 205,808 560.00 1.53Tata Chemicals Ltd. Fertilisers 371,217 524.34 1.43GlaxoSmithkline ConsumerHealthcare Ltd. Consumer Non Durables 74,615 524.13 1.43Larsen & Toubro Ltd. Construction Project 74,615 501.90 1.37United Phosphorus Ltd. Pesticides 498,000 486.80 1.33IVRCL Infrastructures and Projects Ltd. Construction 395,619 480.87 1.31Ashok Leyland Ltd. Auto 2,608,208 472.09 1.29Britannia Industries Ltd. Consumer Non Durables 31,592 445.26 1.22Everest Industries Ltd. Cement 854,154 421.95 1.15Lupin Laboratories Ltd. Pharmaceuticals 59,400 409.38 1.12Grasim Industries Ltd. Cement 25,425 400.90 1.10India Cements Ltd. Cement 372,519 394.68 1.08Federal Bank Ltd. Banks 283,472 391.47 1.07Simplex Infrastructure Ltd. Construction 235,261 367.01 1.00Sintex Industries Ltd. Industrial Products 369,765 363.11 0.99Crompton Greaves Ltd. Industrial Capital Goods 279,343 343.87 0.94Maharashtra Seamless Ltd. Ferrous Metals 227,812 319.85 0.87GVK Power & Infrastructure Ltd. Power 1,290,650 301.37 0.82Ess Dee Aluminium Ltd. Industrial Products 199,843 299.66 0.82Axis Bank Ltd. Banks 71,398 295.94 0.81IBN18 Broadcast Ltd. Media & Entertainment 395,536 295.27 0.81Union Bank of India Ltd. Banks 191,643 282.19 0.77Thermax India Ltd. Industrial Capital Goods 155,000 280.32 0.77Television Eighteen India Ltd. Media & Entertainment 354,452 248.65 0.68ICRA Ltd. Finance 49,800 243.42 0.67Entertainment Network India Ltd. Media & Entertainment 203,709 230.90 0.63Voltas Ltd. Construction Project 447,864 206.69 0.56Crisil Ltd. Finance 7,178 193.89 0.53Castrol (India) Ltd. Petroleum Products 58,252 189.61 0.52Pfizer Ltd. Pharmaceuticals 32,345 187.70 0.51Biocon Ltd. Pharmaceuticals 109,195 157.79 0.43ABB Ltd. India Industrial Capital Goods 33,958 145.14 0.40Mastek Ltd. Software 108,764 127.96 0.35Emco Ltd. Industrial Capital Goods 324,371 100.88 0.28Finolex Cables Ltd. Industrial Products 500,000 96.75 0.26Great Eastern Shipping Co. Ltd. Transportation 48,123 90.42 0.25Torrent Power Ltd. Power 83,142 61.57 0.17Heritage Foods (India) Ltd. Consumer Non Durables 109,248 59.05 0.16Nelcast Ltd. Industrial Products 91,017 20.62 0.06ICI India Ltd. Consumer Non Durables 1,649 7.26 0.02Kirloskar Brothers Ltd. Industrial Products 4,397 3.40 0.01Totals 32,605.10 89.10Cash & Other Assets 3,985.05 10.90Net Assets 36,590.15 100.00

* Less than 0.01%

* Less than 0.01%Plan Name Dividend per unit

Dividend 3.0000

FRANKLIN INDIA INDEX TAX FUND


Equity & Equity Relate(a) Listed/Awaiting listing on Stock ExchangeReliance Industries Ltd. Petroleum Products 1,467 22.37 12.50Oil & Natural Gas Corp. Ltd. Oil 1,995 15.56 8.70National Thermal Power Corporation Ltd. Power 7,687 13.83 7.73Bharti Airtel Ltd. Telecom - Services 1,768 11.06 6.18Infosys Technologies Ltd. Software 534 7.07 3.95Bharat Heavy Electricals Ltd. Industrial Capital Goods 457 6.90 3.86ITC Ltd. Consumer Non Durables 3,521 6.51 3.64State Bank Of India Banks 591 6.31 3.53Tata Consultancy Services Ltd. Software 911 4.91 2.74Hindustan Unilever Ltd. Diversified 2,033 4.83 2.70Reliance Petroleum Ltd. Petroleum Products 4,188 3.98 2.22HDFC Bank Ltd. Banks 396 3.85 2.15Power Grid Corp Of India Ltd. Power 3,921 3.75 2.10Housing Development Finance Corp. Ltd. Finance 265 3.74 2.09Steel Authority of India Ltd. Ferrous Metals 3,848 3.71 2.07Larsen & Toubro Ltd. Construction Project 547 3.67 2.05ICICI Bank Ltd. Banks 1,038 3.45 1.93Reliance Communications Ltd. Telecom - Services 1,929 3.37 1.88Wipro Ltd. Software 1,364 3.35 1.87Cairn India Ltd. Oil 1,761 3.24 1.81GAIL India Ltd. Gas 1,179 2.90 1.62DLF Ltd. Construction 1,587 2.66 1.49Sterlite Industries (India) Ltd. Non - Ferrous Metals 657 2.35 1.31Reliance Power Ltd. Power 2,247 2.30 1.29Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 193 2.15 1.20Maruti Suzuki India Ltd. Auto 268 2.09 1.17Hero Honda Motors Ltd. Auto 187 2.00 1.12Tata Power Co. Ltd. Power 207 1.59 0.89Cipla Ltd. Pharmaceuticals 722 1.59 0.89Idea Cellular Ltd. Telecom - Services 2,917 1.46 0.82Tata Steel Ltd. Ferrous Metals 683 1.41 0.79Tata Communications Ltd. Telecom - Services 269 1.39 0.78Axis Bank Ltd. Banks 333 1.38 0.77Grasim Industries Ltd. Cement 86 1.36 0.76National Aluminium Co. Ltd. Non - Ferrous Metals 603 1.29 0.72Bharat Petroleum Corp. Ltd. Petroleum Products 334 1.26 0.70Punjab National Bank Ltd. Banks 295 1.21 0.68Reliance Infrastructure Ltd. Power 213 1.10 0.61ACC Ltd. Cement 176 1.01 0.56Mahindra & Mahindra Ltd. Auto 262 1.01 0.56Ambuja Cements Ltd. Cement 1,412 1.00 0.56Siemens India Ltd. Industrial Capital Goods 316 0.85 0.48ABB Ltd. India Industrial Capital Goods 196 0.84 0.47Hindalco Industries Inc. Non - Ferrous Metals 1,594 0.83 0.46Reliance Capital Ltd. Finance 226 0.80 0.45Tata Motors Ltd. Auto 418 0.75 0.42Ranbaxy Laboratories Ltd. Pharmaceuticals 394 0.65 0.36HCL Technologies Ltd. Software 621 0.63 0.35Suzlon Energy Ltd. Industrial Capital Goods 1,401 0.60 0.34Unitech Ltd. Construction 1,548 0.54 0.30Total 176.46 98.62Cash & Other Assets 2.44 1.38Net Assets 178.90 100.00Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009

NAV as on 30-Sep-2008 30.3190

NAV as on 31-Mar-2009 23.4871



FT INDIA LIFE STAGE FUND OF FUNDS - 20'S PLAN

Company Name Quantity Market Value % to Net (Rs. in Lakhs) Assets

Mutual Fund Units Franklin India Bluechip Fund 530,676 540.62 52.64Templeton India Income Builder Account 450,628 144.58 14.08Templeton India Income Fund 428,779 132.13 12.86Templeton India Growth Fund 268,579 127.99 12.46Franklin India Prima Fund 77,229 85.33 8.31Total 1,030.65 100.35Cash & Other Assets (3.57) (0.35)Net Assets 1,027.08 100.00

Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2009NAV as on 30-Sep-2008 Growth Plan (Rs)# 22.8807 Dividend Plan (Rs)# 22.8807NAV as on 31-Mar-2009 Growth Plan (Rs) 19.1314 Dividend Plan (Rs) 19.1314b) Dividends declared during the Half - year ended March 31, 2009: NIL

Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009NAV as on 30-Sep-2008 Growth Plan (Rs)# 18.6455 Dividend Plan (Rs)# 18.6455





Mutual Fund Units Franklin India Bluechip Fund 298,574 304.13 36.03 Templeton India Income Fund 801,585 243.01 28.79 Templeton India Income Builder Account 674,065 193.17 22.88 Franklin India Prima Fund 48,416 53.52 6.34 Templeton India Growth Fund 97,697 52.93 6.27 Total 846.76 100.31Cash & Other Assets (2.66) (0.31)Net Assets 844.10 100.00



Mutual Fund Units Templeton India Income Fund 1,295,241 392.69 34.30Templeton India Income Builder Account 1,134,357 325.09 28.40Franklin India Bluechip Fund 242,248 246.73 21.55Templeton India Growth Fund 179,810 97.42 8.51Franklin India Prima Fund 77,589 85.75 7.49

Total 1,147.68 100.25


Net Assets 1,144.85 100.00

Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009NAV as on 30-Sep-2008 Growth Plan (Rs)# 15.9405 Dividend Plan (Rs)# 13.0992



FT INDIA LIFE STAGE FUND OF FUNDS - 50'S PLUS PLAN

FT INDIA LIFE STAGE FUND OF FUNDS - 50'S PLUS PLAN (Contd.)


Mutual Fund Units Templeton India Income Fund 1,369,446 415.16 41.55Templeton India Income Builder Account 1,085,181 310.98 31.12Franklin India Bluechip Fund 183,657 187.08 18.72Templeton India Growth Fund 173,428 93.96 9.40

Total 1,007.18 100.79


Net Assets 999.27 100.00






NAV as on 31-Mar-2009 Growth Plan (Rs) 15.1634 Dividend Plan (Rs) 11.3298b) Aggregate Dividends declared during the Half - year ended March 31, 2009:

FT INDIA LIFE STAGE FUND OF FUNDS - 50'S FLOATING RATE PLAN


Mutual Fund Units Templeton Floating Rate Income Fund - Long Term Plan 47,143,704 7,510.70 81.56Franklin India Bluechip Fund 1,257,328 1,280.68 13.91Templeton India Growth Fund 783,892 424.71 4.61Total 9,216.09 100.08Cash & Other Assets (7.12) (0.08)Net Assets 9,208.97 100.00

FT INDIA DYNAMIC PE RATIO FUND OF FUNDS


Mutual Fund Units Franklin India Bluechip Fund 2,733,444 2,783.27 90.99Templeton India Income Fund 896,018 271.68 8.88Total 3,054.95 99.87Cash & Other Assets 4.03 0.13Net Assets 3,058.98 100.00


NAV as on 30-Sep-2008 Growth Plan (Rs)# 27.3828 Dividend Plan (Rs)# 27.3828NAV as on 31-Mar-2009 Growth Plan (Rs) 23.9000 Dividend Plan (Rs) 23.9000b) Dividends declared during the Half - year ended March 31, 2009: NIL


NAV as on 30-Sep-2008# 11.4364

NAV as on 31-Mar-2009# 12.5847


FRANKLIN INDIA INTERNATIONAL FUND


Foreign SecuritiesFranklin US Govt. Fund 21,027 105.06 93.12Total 21,027 105.06 93.12Cash & Other Assets 7.76 6.88Net Asset 112.82 100.00







TEMPLETON INDIA EQUITY INCOME FUND

Compan Name Industry Classification Quantity Market Value % to Net (Rs. in Lakhs) Assets

Equity & Equity Relat(a) Listed/Awaiting listing on Stock Exchanges Oil & Natural Gas Corp. Ltd. Oil 760,000 5,925.72 7.86Union Bank of India Ltd. Banks 3,312,462 4,877.60 6.47Steel Authority of India Ltd. Ferrous Metals 3,828,497 3,692.59 4.90Tata Chemicals Ltd. Fertilisers 2,363,937 3,339.06 4.43Bharti Airtel Ltd. Telecom - Services 510,000 3,191.58 4.23Sesa Goa Ltd. Minerals/Mining 3,113,133 3,136.48 4.16Reliance Industries Ltd. Petroleum Products 180,000 2,741.76 3.64Sundaram Finance Ltd. Finance 1,588,726 2,587.24 3.43Tata Investment Corp. Ltd. Finance 1,030,151 2,369.86 3.14Grasim Industries Ltd. Cement 135,333 2,133.93 2.83Hindalco Industries Ltd. Non - Ferrous Metals 3,456,680 1,794.02 2.38ICICI Bank Ltd. Banks 500,000 1,663.00 2.21GAIL India Ltd. Gas 525,000 1,282.31 1.70E.I.D. - Parry (India) Ltd. Consumer Non Durables 750,000 1,086.38 1.44Idea Cellular Ltd. Telecom - Services 2,000,000 1,003.00 1.33Great Eastern Shipping Co. Ltd. Transportation 526,931 990.10 1.31HCL Infosystems Ltd. Telecom - Equipment & Accessories 1,234,112 937.93 1.24JK Cements Ltd. Cement 2,081,802 825.43 1.09Tamilnadu Newsprint and Papers Ltd. Paper 1,416,229 811.50 1.08Gujarat Gas Co. Ltd. Gas 266,942 733.42 0.97Tata Consultancy Services Ltd. Software 121,000 653.40 0.87Ashok Leyland Ltd. Auto 3,355,614 607.37 0.81Bajaj Auto Ltd. Auto 65,000 401.99 0.53Infosys Technologies Ltd. Software 27,256 360.90 0.48Shipping Corp. of India Ltd. Transportation 453,824 348.08 0.46Ballarpur Industries Ltd. Paper 1,743,648 256.49 0.34Ruchi Soya Industries Ltd. Consumer Non Durables 1,012,973 228.43 0.30Ranbaxy Laboratories Ltd. Pharmaceuticals 107,780 178.48 0.24Tata Steel Ltd. Ferrous Metals 74,872 154.24 0.20

Total 48,312.29 64.07

Preference Shares (a) Listed/Awaiting listing on Stock Exchanges

Tata Steel Ltd. Ferrous Metals 4,172,066 1,383.87 1.84

Total 1,383.87 1.84

Foreign Equity SecuritiesUnited Microelectronics Corp. Semiconductors 17,484,933 2,911.93 3.86LUKOIL - ADR Oil 130,000 2,480.40 3.29Lotte Shopping Co. Ltd. Retailing 30,000 2,102.14 2.79Hana Financial Group Inc. Banks 250,000 1,912.71 2.54Samsung Heavy Industries Co. Ltd. Consumer Durables 200,000 1,883.29 2.50Massmart Holdings Ltd. Retailing 500,000 1,878.99 2.49Shanghai Prime Machinery Co. Ltd. Industrial Products 25,000,000 1,345.82 1.78Travelsky Technology Ltd. Software 5,556,000 1,298.51 1.72Freeworld Coatings Ltd. Retailing 4,000,000 1,051.70 1.39Novatek Microelectronics Corp. Ltd. Semiconductors 1,211,068 933.95 1.24Chongqing Machineryand Electric Co. Ltd. Indusrial Capital Goods 20,000,000 800.93 1.06Polski Koncern Naftowy Orlen SA Petroleum Products 208,100 725.19 0.96Embotelladora Andina SA, pfd., A Consumer Non Durables 629,579 686.17 0.91America Movil SAB de CV, L, ADR Telecom Service 50,000 675.69 0.90IS Yatirim Menkul Degerler AS Finance 2,000,000 576.91 0.77Korea Information Service Inc. Finance 100,000 518.64 0.69Siam City Cement Public Co. Ltd. Cement 214,700 385.08 0.51China Coal Energy Co. Power 1,000,000 375.52 0.50Sinotrans Ltd. Transportation 4,208,000 331.51 0.44Ternium SA, ADR Ferrous Metals 90,600 316.23 0.42Anglo American PLC Minerals/Mining 35,000 290.50 0.39Uni-President China Holdings Ltd. Consumer Non Durables 929,000 143.93 0.19Road King Infrastructure Ltd. Construction 466,000 96.66 0.13

Total 23,722.40 31.47

Totals 73,418.56 97.38


Net Assets 75,404.94 100.00

FRANKLIN ASIAN EQUITY FUND


Equity & Equity Relate(a) Listed/Awaiting listing on Stock ExchangeBharti Airtel Ltd. Telecom - Services 215,357 1,347.70 3.88Nestle India Ltd. Consumer Non Durables 66,311 1,032.06 2.97Kotak Mahindra Bank Ltd. Banks 316,171 894.61 2.58Reliance Industries Ltd. Petroleum Products 52,702 802.76 2.31Infosys Technologies Ltd. Software 59,126 782.89 2.26HDFC Bank Ltd. Banks 66,597 644.56 1.86Hindustan Unilever Ltd. Diversified 224,496 534.75 1.54Crisil Ltd. Finance 11,817 319.19 0.92

Total 6,358.52 18.32

Foreign Securities Taiwan Semiconductor Manufacturing Co. Ltd. Hardware 2,900,503 2,236.82 6.45China Mobile Ltd. Telecom - Services 412,500 1,827.94 5.27Singapore Telecommunications Ltd. Telecom - Services 1,982,000 1,677.81 4.84Samsung Electronics Co. Ltd. Hardware 6,334 1,323.34 3.81PetroChina Co. Ltd. Petroleum Products 2,936,000 1,191.18 3.43Dairy Farm International Holdings Ltd. Consumer Non Durables 502,045 1,126.49 3.25Shinsegae Co. Ltd. Retailing 6,575 1,041.15 3.00Parkson Retail Group Ltd. Retailing 1,887,000 971.23 2.80Singapore Exchange Ltd. Finance 536,000 914.65 2.64PT Telekomunikasi Indonesia Telecom - Services 2,648,500 880.49 2.54China Life Insurance Co. Ltd. Finance 517,000 872.28 2.51Want Want China Holdings Ltd. Consumer Non Durables 3,621,980 856.02 2.47Hyundai Mobis Auto Ancillaries 28,635 838.41 2.42Industrial and Commercial Bank of China Ltd. Banks 3,136,000 829.69 2.39Hong Kong Exchanges & Clearing Ltd. Finance 168,400 809.26 2.33CNOOC Ltd. Oil 1,486,000 749.23 2.16Huabao International Holdings Ltd. Industrial Capital Goods 1,755,000 735.08 2.12China Yurun Food Group Ltd. Consumer Non Durables 1,002,000 649.92 1.87BHP Billiton Ltd. Ferrous Metals 51,535 577.67 1.67Esprit Holdings Ltd. Retailing 200,200 519.15 1.50Singapore Technologies Engineering Ltd. Industrial Capital Goods 444,000 365.46 1.05China Construction Bank Corp. Banks 1,256,000 362.81 1.05Hang Lung Properties Ltd. Construction 303,000 362.03 1.04CP All PCL Retailing 1,982,600 358.44 1.03MediaTek Inc. Telecom - Equipment & Accessories 74,000 354.17 1.02China Overseas Land & Investment Ltd. Construction 431,600 344.55 0.99SembCorp Marine Ltd. Industrial Capital Goods 567,000 343.38 0.99Ping An Insurance (Group) Co. of China Ltd. Finance 110,500 335.51 0.97Ctrip.com International Ltd., ADR Travel 24,599 335.05 0.97PT Bank Rakyat Indonesia Banks 1,782,500 329.65 0.95China Petroleum and Chemical Corp. Petroleum Products 1,002,000 326.27 0.94PT United Tractors Industrial Capital Goods 1,049,500 311.93 0.90KT&G Corp. Consumer Non Durables 10,892 304.89 0.88Hyundai Motor Co. Ltd. Auto 14,765 301.42 0.87China Shenhua Energy Co. Ltd. Power 255,500 292.87 0.84Travelsky Technology Ltd. Software 1,113,000 260.12 0.75High Tech Computer Corporation Hardware 29,600 185.19 0.53Kangwon Land Inc. Media & Entertainment 33,906 171.48 0.49Shinhan Financial Group Co. Ltd. Banks 18,552 167.87 0.48GLOVIS Co. Ltd. Transportation 7,967 155.32 0.45Bangkok Bank Public Co. Banks 135,700 146.03 0.42Kasikornbank Public Corporation Banks 201,600 130.90 0.38Industrial and Commercial Bank of China (Asia) Ltd. Banks 93,000 50.31 0.15

Total 26,923.46 77.61

Totals 33,281.98 95.93


Net Assets 34,693.84 100.00


NAV as on 30-Sep-2008 Dividend Plan (Rs) 7.6610




b) Dividends declared during the Half - year ended March 31, 2009: NILc) Portfolio Turnover Ratio during the Half - year ended March 31, 2009 0.00%

FRANKLIN INDIA TAXSHIELD 99


Cash & Other Assets 0.00 0.00Net Assets 0.00 0.00

Note:a) NAV at the beginning and at the end of the Half-year ended March 31, 2009 NAV as on 30-Sep-2008 60.0838

NAV as on 31-Mar-2009 42.0793

b) Dividends declared during the Half - year ended March 31, 2009: NILc) Portfolio Turnover Ratio during the Half - year ended March 31, 2009 9.33%

Note for all Funds:

i) Total NPA’s provided : Nil

ii) Total value and percentage of Illiquid equity shares has been disclosed below the respective Portfolio’s.

iii) NAV at the beginning and end of the Half-year period and any dividend, bonus etc. declared during the period has been disclosed below the respective portfolio’s.

iv) There is no exposure of Derivative Instruments as on March 31, 2009.

v) The percentage in terms of market value of investments made in Foreign Securities/ADRs/GDRs as at March 31, 2009 is as under:

vi) During the Half-year, the under mentioned Schemes were wound up/matured, at the end of their tenure:

vii) Past Perfomance may or may not be sustained in the future.

viii) Average Maturity of all the debt oriented schemes is expressed as the weighted average of the portfolio in the fund in terms of number of years.

ix) The portfolio turnover ratio for all the equity oriented schemes is the lower of purchases or sales to the average NAV during the Half-year ended March 31, 2009.

x) Pursuant to payment of dividend, NAV of all the Scheme would fall to the extent of payout and statutory levy (as applicable).

xi) # computed and not declared NAVs.

Market Value (Rs. in

Scheme Name Lakhs) Percentage to Net Assets

Franklin India International Fund 105.06 93.12%

Templeton India Equity Income Fund 23,722.40 31.47%

Franklin Asian Equity Fund 26,923.46 77.61%


Dividend 0.1752 0.1631

Scheme Name Maturity Date

Templeton Fixed Horizon Fund - Series X - Plan A November 12, 2008

Templeton Fixed Horizon Fund - Series X - Plan B November 28, 2008

Templeton Fixed Horizon Fund - Series X - Plan C December 11, 2008

Franklin Templeton Fixed Tenure Fund - Series III - 36 Month Plan December 23, 2008

Templeton Fixed Horizon Fund - Series X - Plan D January 9, 2009

Templeton Fixed Horizon Fund - Series X - Plan E January 22, 2009

Templeton Fixed Horizon Fund - Series XI - Plan A - 6 Month Plan March 24, 2009

Franklin India Taxshield 99 March 31, 2009


Dividend 0.1139 0.1060


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