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Franklin India Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationHigh Risk
Direct
NAV (19-Jun-26)
₹15.22-0.14%1D
Returns (Since Inception)
11.75%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹2,770 Cr
Expense Ratio
0.47%
ISIN
INF090I01WQ5
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
06 Sep 2022
About this fund
Franklin India Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Franklin Templeton Mutual Fund. This fund has been in existence for 3 years, 9 months and 16 days, having been launched on 06-Sep-22.
As of 19-Jun-26, it has a Net Asset Value (NAV) of ₹15.22, Assets Under Management (AUM) of 2769.68 Crores, and an expense ratio of 0.47%.
As of 19-Jun-26, it has a Net Asset Value (NAV) of ₹15.22, Assets Under Management (AUM) of 2769.68 Crores, and an expense ratio of 0.47%.
- Franklin India Balanced Advantage Fund Direct Growth has given a CAGR return of 11.75% since inception.
- The fund's asset allocation comprises around 56.47% in equities, 26.96% in debts, and 16.57% in cash & cash equivalents.
- You can start investing in Franklin India Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+1.89%
+2.39% (Cat Avg.)
3 Years
+12.18%
+10.53% (Cat Avg.)
Since Inception
+11.75%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2026
| Equity | ₹1,564.07 Cr | 56.47% |
| Debt | ₹746.69 Cr | 26.96% |
| Others | ₹458.93 Cr | 16.57% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹272.69 Cr | 9.85% |
| HDFC Bank Ltd | Equity | ₹158.59 Cr | 5.73% |
| ICICI Bank Ltd | Equity | ₹134.43 Cr | 4.85% |
| Jubilant Bevco Limited | Bond - Corporate Bond | ₹129.47 Cr | 4.67% |
| Bharti Airtel Ltd | Equity | ₹118.7 Cr | 4.29% |
| Reliance Industries Ltd | Equity | ₹104.37 Cr | 3.77% |
| Larsen & Toubro Ltd | Equity | ₹89.38 Cr | 3.23% |
| Axis Bank Ltd | Equity | ₹86.2 Cr | 3.11% |
| Jubilant Beverages Limited | Bond - Corporate Bond | ₹80.52 Cr | 2.91% |
| State Bank of India | Equity | ₹80.05 Cr | 2.89% |
| Call, Cash & Other Assets | Cash - Collateral | ₹74.52 Cr | 2.69% |
| Tata Steel Ltd | Equity | ₹61.92 Cr | 2.24% |
| NTPC Ltd | Equity | ₹61.13 Cr | 2.21% |
| UltraTech Cement Ltd | Equity | ₹57.41 Cr | 2.07% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-54.34 Cr | 1.96% |
| RJ Corp Limited | Bond - Corporate Bond | ₹54.24 Cr | 1.96% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹53.15 Cr | 1.92% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹50.63 Cr | 1.83% |
| Poonawalla Fincorp Limited | Bond - Corporate Bond | ₹50.04 Cr | 1.81% |
| Bharti Telecom Ltd. | Cash - Commercial Paper | ₹48.95 Cr | 1.77% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-48.91 Cr | 1.77% |
| Eternal Ltd | Equity | ₹47.86 Cr | 1.73% |
| Infosys Ltd | Equity | ₹47.6 Cr | 1.72% |
| Mahindra & Mahindra Ltd | Equity | ₹44.01 Cr | 1.59% |
| HCL Technologies Ltd | Equity | ₹42.02 Cr | 1.52% |
| Kirloskar Oil Engines Ltd | Equity | ₹41.45 Cr | 1.50% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹36.52 Cr | 1.32% |
| Marico Ltd | Equity | ₹35.33 Cr | 1.28% |
| 7.3% Uttarakhand Sgs 2032 | Bond - Gov't/Treasury | ₹34.7 Cr | 1.25% |
| InterGlobe Aviation Ltd | Equity | ₹33.04 Cr | 1.19% |
| Bharat Electronics Ltd | Equity | ₹32.05 Cr | 1.16% |
| Phoenix Mills Ltd | Equity | ₹31.88 Cr | 1.15% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹31.58 Cr | 1.14% |
| Maharashtra SDL | Bond - Gov't/Treasury | ₹31.41 Cr | 1.13% |
| Metropolis Healthcare Ltd | Equity | ₹31.24 Cr | 1.13% |
| Britannia Industries Ltd | Equity | ₹31.23 Cr | 1.13% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹30.19 Cr | 1.09% |
| Future on Tata Steel Ltd | Equity - Future | ₹-29.81 Cr | 1.08% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹29.72 Cr | 1.07% |
| Ashok Leyland Ltd | Equity | ₹27.2 Cr | 0.98% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹26.47 Cr | 0.96% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹26.08 Cr | 0.94% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹25.82 Cr | 0.93% |
| CESC Ltd | Equity | ₹25.49 Cr | 0.92% |
| 7.62% Punjab Sgs 2033 | Bond - Gov't/Treasury | ₹25.45 Cr | 0.92% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹25.09 Cr | 0.91% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹24.99 Cr | 0.90% |
| Margin On Derivatives | Cash - Collateral | ₹24.51 Cr | 0.89% |
| 7.64% Uttarakhand Sgs 2032 | Bond - Gov't/Treasury | ₹24.12 Cr | 0.87% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.12 Cr | 0.87% |
| Asian Paints Ltd | Equity | ₹24.04 Cr | 0.87% |
| Rec Limited | Bond - Corporate Bond | ₹23.35 Cr | 0.84% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-22.24 Cr | 0.80% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-22.22 Cr | 0.80% |
| Eris Lifesciences Ltd Registered Shs | Equity | ₹20.99 Cr | 0.76% |
| Punjab State Development Loans | Bond - Gov't/Treasury | ₹20.49 Cr | 0.74% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹20.46 Cr | 0.74% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-19.43 Cr | 0.70% |
| PNB Housing Finance Ltd | Equity | ₹19.31 Cr | 0.70% |
| Hindalco Industries Ltd | Equity | ₹19.15 Cr | 0.69% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹19.04 Cr | 0.69% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-18.62 Cr | 0.67% |
| HDFC Life Insurance Co Ltd | Equity | ₹17.84 Cr | 0.64% |
| PB Fintech Ltd | Equity | ₹17.2 Cr | 0.62% |
| Maruti Suzuki India Ltd | Equity | ₹17.07 Cr | 0.62% |
| Hindustan Unilever Ltd | Equity | ₹16.15 Cr | 0.58% |
| Bihar State Development Loans | Bond - Gov't/Treasury | ₹16.07 Cr | 0.58% |
| Lemon Tree Hotels Ltd | Equity | ₹15.9 Cr | 0.57% |
| Motherson Sumi Wiring India Ltd | Equity | ₹15.44 Cr | 0.56% |
| Pine Labs Ltd | Equity | ₹14.45 Cr | 0.52% |
| Angel One Ltd Ordinary Shares | Equity | ₹13.49 Cr | 0.49% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹13.21 Cr | 0.48% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-12.93 Cr | 0.47% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹12.69 Cr | 0.46% |
| Future on NTPC Ltd | Equity - Future | ₹-10.57 Cr | 0.38% |
| India Infrastructure Finance Company Limited | Bond - Corporate Bond | ₹10.35 Cr | 0.37% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹9.42 Cr | 0.34% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-8.88 Cr | 0.32% |
| Future on Eternal Ltd | Equity - Future | ₹-8.6 Cr | 0.31% |
| Canara HSBC Life Insurance Co Ltd | Equity | ₹8.2 Cr | 0.30% |
| V-Mart Retail Ltd | Equity | ₹6.27 Cr | 0.23% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹5.02 Cr | 0.18% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹4.71 Cr | 0.17% |
| Future on Axis Bank Ltd | Equity - Future | ₹-4.06 Cr | 0.15% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-4.01 Cr | 0.14% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-3.18 Cr | 0.11% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹3.15 Cr | 0.11% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-2.63 Cr | 0.10% |
| Future on PB Fintech Ltd | Equity - Future | ₹-2.26 Cr | 0.08% |
| 7.32% Chhattisgarh Sgs 2037 | Bond - Gov't/Treasury | ₹0.52 Cr | 0.02% |
| 7.32% Westbengal Sgs 2038 | Bond - Gov't/Treasury | ₹0.49 Cr | 0.02% |
| 6.9% Govt Stock 2065 | Bond - Gov't/Treasury | ₹0.19 Cr | 0.01% |
| 7.08% Kerala Sgs 2040 | Bond - Gov't/Treasury | ₹0.14 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
42.33%
Mid Cap Stocks
4.85%
Small Cap Stocks
9.29%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹596.93 Cr | 21.55% |
| Industrials | ₹261.63 Cr | 9.45% |
| Consumer Cyclical | ₹178.79 Cr | 6.46% |
| Basic Materials | ₹162.53 Cr | 5.87% |
| Communication Services | ₹118.7 Cr | 4.29% |
| Healthcare | ₹108.52 Cr | 3.92% |
| Energy | ₹104.37 Cr | 3.77% |
| Technology | ₹104.07 Cr | 3.76% |
| Utilities | ₹86.62 Cr | 3.13% |
| Consumer Defensive | ₹82.71 Cr | 2.99% |
| Real Estate | ₹31.88 Cr | 1.15% |
Risk & Performance Ratios
Standard Deviation
This fund
8.12%
Cat. avg.
9.55%
Lower the better
Sharpe Ratio
This fund
0.69
Cat. avg.
0.44
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.66
Higher the better
Fund Managers
RG
Rahul Goswami
Since November 2023
VS
Venkatesh Sanjeevi
Since October 2024
Anuj Tagra
Since March 2024
Chandni Gupta
Since March 2024
SM
Sandeep Manam
Since September 2022
RK
Rajasa Kakulavarapu
Since September 2022
Additional Scheme Detailsas of 31st May 2026
ISIN INF090I01WQ5 | Expense Ratio 0.47% | Exit Load 1.00% | Fund Size ₹2,770 Cr | Age 3 years 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Composite Debt 50:50 |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
About the AMC
Franklin Templeton Mutual Fund
Total AUM
₹1,27,057 Cr
Address
Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013
Other Funds by Franklin Templeton Mutual Fund
Risk Level
Your principal amount will be at High Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Franklin India Balanced Advantage Fund Direct Growth?
The NAV of Franklin India Balanced Advantage Fund Direct Growth, as of 19-Jun-2026, is ₹15.22.
What are the returns of Franklin India Balanced Advantage Fund Direct Growth?
The fund has generated 1.89% over the last 1 year and 12.18% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Franklin India Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 56.47% in equities, 26.96% in bonds, and 16.57% in cash and cash equivalents.
Who manages the Franklin India Balanced Advantage Fund Direct Growth?
The fund managers responsible for Franklin India Balanced Advantage Fund Direct Growth are:-
- Rahul Goswami
- Venkatesh Sanjeevi
- Anuj Tagra
- Chandni Gupta
- Sandeep Manam
- Rajasa Kakulavarapu
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
