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  <headerData>
    <submissionType>13F-HR/A</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags>
        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>false</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
      </flags>
      <filer>
        <credentials>
          <cik>0000038777</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>03-31-2019</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>03-31-2019</reportCalendarOrQuarter>
      <isAmendment>true</isAmendment>
      <amendmentNo>1</amendmentNo>
      <amendmentInfo>
        <amendmentType>RESTATEMENT</amendmentType>
        <confDeniedExpired>false</confDeniedExpired>
      </amendmentInfo>
      <filingManager>
        <name>FRANKLIN RESOURCES INC</name>
        <address>
          <ns1:street1>Franklin Resources Inc</ns1:street1>
          <ns1:street2>One Franklin Parkway</ns1:street2>
          <ns1:city>San Mateo</ns1:city>
          <ns1:stateOrCountry>CA</ns1:stateOrCountry>
          <ns1:zipCode>94403</ns1:zipCode>
        </address>
      </filingManager>
      <reportType>13F COMBINATION REPORT</reportType>
      <form13FFileNumber>028-00734</form13FFileNumber>
      <otherManagersInfo>
        <otherManager>
          <cik>0001543160</cik>
          <form13FFileNumber>028-18146</form13FFileNumber>
          <name>Benefit Street Partners LLC</name>
        </otherManager>
      </otherManagersInfo>
      <provideInfoForInstruction5>Y</provideInfoForInstruction5>
      <additionalInformation>Effective as of February 1, 2019, Franklin Resources, Inc. ("FRI") acquired Benefit Street Partners L.LC. ("BSP").  BSP files its own 13F Holdings Report reporting the Form 13F securities with respect to which it is an institutional investment manager.  As required by the instructions to Form 13F, that report now lists, and will continue to list, FRI as an Other Included Manager.</additionalInformation>
    </coverPage>
    <signatureBlock>
      <name>Virginia E. Rosas</name>
      <title>Assistant Secretary</title>
      <phone>800-632-2350</phone>
      <signature>/s/VIRGINIA E. ROSAS</signature>
      <city>San Mateo</city>
      <stateOrCountry>CA</stateOrCountry>
      <signatureDate>05-15-2019</signatureDate>
    </signatureBlock>
    <summaryPage>
      <otherIncludedManagersCount>17</otherIncludedManagersCount>
      <tableEntryTotal>4223</tableEntryTotal>
      <tableValueTotal>186706181</tableValueTotal>
      <otherManagers2Info>
        <otherManager2>
          <sequenceNumber>1</sequenceNumber>
          <otherManager>
            <cik>0001313926</cik>
            <form13FFileNumber>028-13078</form13FFileNumber>
            <name>Edinburgh Partners Ltd</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>2</sequenceNumber>
          <otherManager>
            <cik>0001027814</cik>
            <form13FFileNumber>028-05930</form13FFileNumber>
            <name>FRANKLIN ADVISORY SERVICES LLC</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>3</sequenceNumber>
          <otherManager>
            <cik>0000898420</cik>
            <form13FFileNumber>028-03578</form13FFileNumber>
            <name>FRANKLIN ADVISERS INC</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>4</sequenceNumber>
          <otherManager>
            <cik>0000941407</cik>
            <form13FFileNumber>028-03877</form13FFileNumber>
            <name>FIDUCIARY TRUST CO INTERNATIONAL</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>5</sequenceNumber>
          <otherManager>
            <cik>0001023875</cik>
            <form13FFileNumber>028-06154</form13FFileNumber>
            <name>FRANKLIN MUTUAL ADVISERS LLC</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>7</sequenceNumber>
          <otherManager>
            <cik>0001689636</cik>
            <form13FFileNumber>028-17561</form13FFileNumber>
            <name>FIDUCIARY TRUST Co OF CANADA</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>8</sequenceNumber>
          <otherManager>
            <cik>0001200139</cik>
            <form13FFileNumber>028-11855</form13FFileNumber>
            <name>FRANKLIN TEMPLETON INVESTMENTS ASIA LTD</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>9</sequenceNumber>
          <otherManager>
            <cik>0001349203</cik>
            <form13FFileNumber>028-11753</form13FFileNumber>
            <name>Franklin Templeton Investments Australia LTD</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>10</sequenceNumber>
          <otherManager>
            <cik>0001717978</cik>
            <form13FFileNumber>028-18545</form13FFileNumber>
            <name>Franklin Templeton Investimentos (Brasil) Ltda</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>11</sequenceNumber>
          <otherManager>
            <cik>0001132702</cik>
            <form13FFileNumber>028-06143</form13FFileNumber>
            <name>FRANKLIN TEMPLETON INVESTMENTS CORP</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>12</sequenceNumber>
          <otherManager>
            <cik>0001368427</cik>
            <form13FFileNumber>028-12310</form13FFileNumber>
            <name>Franklin Templeton Institutional, LLC</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>13</sequenceNumber>
          <otherManager>
            <cik>0001200138</cik>
            <form13FFileNumber>028-11761</form13FFileNumber>
            <name>FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LTD</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>14</sequenceNumber>
          <otherManager>
            <cik>0001766900</cik>
            <form13FFileNumber>028-19123</form13FFileNumber>
            <name>Franklin Templeton International Services S.a r.l</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>15</sequenceNumber>
          <otherManager>
            <cik>0001303095</cik>
            <form13FFileNumber>028-17200</form13FFileNumber>
            <name>K2/D&amp;S MANAGEMENT CO LLC</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>16</sequenceNumber>
          <otherManager>
            <cik>0001039348</cik>
            <form13FFileNumber>028-11763</form13FFileNumber>
            <name>TEMPLETON ASSET MANAGEMENT LTD</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>17</sequenceNumber>
          <otherManager>
            <cik>0001014885</cik>
            <form13FFileNumber>028-05454</form13FFileNumber>
            <name>TEMPLETON GLOBAL ADVISORS LTD</name>
          </otherManager>
        </otherManager2>
        <otherManager2>
          <sequenceNumber>18</sequenceNumber>
          <otherManager>
            <cik>0000315282</cik>
            <form13FFileNumber>028-01074</form13FFileNumber>
            <name>TEMPLETON INVESTMENT COUNSEL LLC</name>
          </otherManager>
        </otherManager2>
      </otherManagers2Info>
    </summaryPage>
  </formData>
</edgarSubmission>
