X0101 EFFECT 33 LIVE 2007-04-12 10:15:00

N-14AE

0000038721 FRANKLIN CUSTODIAN FUNDS INC 333-141000 0000038721 FRANKLIN CUSTODIAN FUNDS INC S000006755 FRANKLIN GROWTH FUND C000018324 CLASS A 0000872625 FRANKLIN STRATEGIC SERIES S000006883 FRANKLIN BLUE CHIP FUND C000018632 CLASS A 0000038721 FRANKLIN CUSTODIAN FUNDS INC S000006755 FRANKLIN GROWTH FUND C000018324 CLASS A 0000872625 FRANKLIN STRATEGIC SERIES S000006883 FRANKLIN BLUE CHIP FUND C000018633 CLASS B 0000038721 FRANKLIN CUSTODIAN FUNDS INC S000006755 FRANKLIN GROWTH FUND C000018324 CLASS A 0000872625 FRANKLIN STRATEGIC SERIES S000006883 FRANKLIN BLUE CHIP FUND C000018634 CLASS C 0000038721 FRANKLIN CUSTODIAN FUNDS INC S000006755 FRANKLIN GROWTH FUND C000018324 CLASS A 0000872625 FRANKLIN STRATEGIC SERIES S000006883 FRANKLIN BLUE CHIP FUND C000018635 CLASS R