Franklin India Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (18-Jun-25)
₹14.99-0.09%1D
Returns (Since Inception)
15.65%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,671 Cr
Expense Ratio
0.44%
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 2 years, 9 months and 13 days, having been launched on 06-Sep-22.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹14.99, Assets Under Management (AUM) of 2671.06 Crores, and an expense ratio of 0.44%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹14.99, Assets Under Management (AUM) of 2671.06 Crores, and an expense ratio of 0.44%.
- Franklin India Balanced Advantage Fund Direct Growth has given a CAGR return of 15.65% since inception.
- The fund's asset allocation comprises around 46.43% in equities, 28.50% in debts, and 25.08% 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
+8.32%
+5.20% (Cat Avg.)
Since Inception
+15.65%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹1,240.06 Cr | 46.43% |
| Debt | ₹761.18 Cr | 28.50% |
| Others | ₹669.81 Cr | 25.08% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹505.59 Cr | 18.93% |
| HDFC Bank Ltd | Equity | ₹182.83 Cr | 6.84% |
| Call, Cash & Other Assets | Cash - Collateral | ₹139.02 Cr | 5.20% |
| ICICI Bank Ltd | Equity | ₹134.1 Cr | 5.02% |
| Nifty Index Future - 26-June-2025 | Equity - Future | ₹-93.27 Cr | 3.49% |
| Bharti Airtel Ltd | Equity | ₹90.16 Cr | 3.38% |
| Reliance Industries Ltd | Equity | ₹89.23 Cr | 3.34% |
| Larsen & Toubro Ltd | Equity | ₹85.01 Cr | 3.18% |
| Infosys Ltd | Equity | ₹78.42 Cr | 2.94% |
| Axis Bank Ltd | Equity | ₹73.43 Cr | 2.75% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹68.11 Cr | 2.55% |
| Tata Motors Ltd | Equity | ₹66.16 Cr | 2.48% |
| HCL Technologies Ltd | Equity | ₹62.19 Cr | 2.33% |
| GAIL (India) Ltd | Equity | ₹55.41 Cr | 2.07% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹53.54 Cr | 2.00% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹52.43 Cr | 1.96% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹51.96 Cr | 1.95% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹51.79 Cr | 1.94% |
| Mankind Pharma Limited | Bond - Corporate Bond | ₹51.59 Cr | 1.93% |
| Poonawalla Fincorp Ltd. | Bond - Corporate Bond | ₹50.46 Cr | 1.89% |
| United Spirits Ltd | Equity | ₹45.3 Cr | 1.70% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹45.28 Cr | 1.70% |
| UltraTech Cement Ltd | Equity | ₹41.31 Cr | 1.55% |
| NTPC Ltd | Equity | ₹40.4 Cr | 1.51% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹39.26 Cr | 1.47% |
| Rec Limited | Bond - Corporate Bond | ₹39.03 Cr | 1.46% |
| 6.9% Govt Stock 2065 | Bond - Gov't/Treasury | ₹38.12 Cr | 1.43% |
| Future on Tata Motors Ltd | Equity - Future | ₹-37.84 Cr | 1.42% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-36.87 Cr | 1.38% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-35.5 Cr | 1.33% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹35.09 Cr | 1.31% |
| Eternal Ltd | Equity | ₹34.79 Cr | 1.30% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹34.58 Cr | 1.29% |
| Tata Steel Ltd | Equity | ₹33.57 Cr | 1.26% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-32.11 Cr | 1.20% |
| HDFC Life Insurance Co Ltd | Equity | ₹31.42 Cr | 1.18% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹30.86 Cr | 1.16% |
| Maruti Suzuki India Ltd | Equity | ₹30.18 Cr | 1.13% |
| State Bank of India | Equity | ₹29.49 Cr | 1.10% |
| Bharat Electronics Ltd | Equity | ₹28.85 Cr | 1.08% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹27.26 Cr | 1.02% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹26.45 Cr | 0.99% |
| PB Fintech Ltd | Equity | ₹26.42 Cr | 0.99% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.29 Cr | 0.98% |
| Pipeline Infrastructure Limited | Bond - Corporate Bond | ₹26.24 Cr | 0.98% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-26.23 Cr | 0.98% |
| Jubilant Foodworks Ltd | Equity | ₹26.22 Cr | 0.98% |
| Credila Financial Services Limited | Bond - Corporate Bond | ₹25.79 Cr | 0.97% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.57 Cr | 0.96% |
| Margin On Derivatives | Cash - Collateral | ₹25.2 Cr | 0.94% |
| Hindustan Unilever Ltd | Equity | ₹22.31 Cr | 0.84% |
| Eris Lifesciences Ltd Registered Shs | Equity | ₹22.15 Cr | 0.83% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-21.9 Cr | 0.82% |
| Intellect Design Arena Ltd | Equity | ₹21.69 Cr | 0.81% |
| Future on Tata Steel Ltd | Equity - Future | ₹-21.37 Cr | 0.80% |
| Future on Infosys Ltd | Equity - Future | ₹-21.34 Cr | 0.80% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-21.19 Cr | 0.79% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹20.89 Cr | 0.78% |
| Future on Axis Bank Ltd | Equity - Future | ₹-20.63 Cr | 0.77% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹20.59 Cr | 0.77% |
| PNB Housing Finance Ltd | Equity | ₹20.58 Cr | 0.77% |
| Prestige Estates Projects Ltd | Equity | ₹19.8 Cr | 0.74% |
| Tech Mahindra Ltd | Equity | ₹19.67 Cr | 0.74% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹19.15 Cr | 0.72% |
| Lemon Tree Hotels Ltd | Equity | ₹18.81 Cr | 0.70% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-18.65 Cr | 0.70% |
| Marico Ltd | Equity | ₹17.91 Cr | 0.67% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹17.52 Cr | 0.66% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹17.45 Cr | 0.65% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-17.1 Cr | 0.64% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-16.9 Cr | 0.63% |
| Sapphire Foods India Ltd | Equity | ₹16.54 Cr | 0.62% |
| Metropolis Healthcare Ltd | Equity | ₹15.96 Cr | 0.60% |
| InterGlobe Aviation Ltd | Equity | ₹14.66 Cr | 0.55% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹14.41 Cr | 0.54% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹14.09 Cr | 0.53% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-14.04 Cr | 0.53% |
| Future on United Spirits Ltd | Equity - Future | ₹-13.9 Cr | 0.52% |
| V-Mart Retail Ltd | Equity | ₹13.89 Cr | 0.52% |
| Pearl Global Industries Ltd | Equity | ₹13.1 Cr | 0.49% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-12.23 Cr | 0.46% |
| Chemplast Sanmar Ltd | Equity | ₹11.88 Cr | 0.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10.64 Cr | 0.40% |
| India Infrastructure Finance Company Limited | Bond - Corporate Bond | ₹10.58 Cr | 0.40% |
| Kirloskar Oil Engines Ltd | Equity | ₹10.4 Cr | 0.39% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-10.29 Cr | 0.39% |
| TeamLease Services Ltd | Equity | ₹9.84 Cr | 0.37% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-8.66 Cr | 0.32% |
| Future on NTPC Ltd | Equity - Future | ₹-8.06 Cr | 0.30% |
| Future on Jubilant Foodworks Ltd | Equity - Future | ₹-7.83 Cr | 0.29% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹5.11 Cr | 0.19% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-4.28 Cr | 0.16% |
| Future on State Bank of India | Equity - Future | ₹-3.13 Cr | 0.12% |
| Future on PB Fintech Ltd | Equity - Future | ₹-2.3 Cr | 0.09% |
| Rajasthan (Government of ) 7.1% | Bond - Sub-sovereign Government Debt | ₹0.87 Cr | 0.03% |
| 07.32% Chattisgarh Sdl | Bond - Gov't/Treasury | ₹0.56 Cr | 0.02% |
| 7.32% State Government Securities | Bond - Gov't/Treasury | ₹0.53 Cr | 0.02% |
| 7.08% A P Sgl Mat - 26/03/2037 | Bond - Gov't/Treasury | ₹0.48 Cr | 0.02% |
| Kerala (Government of) 7.08% | Bond - Sub-sovereign Government Debt | ₹0.16 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
36.58%
Mid Cap Stocks
4.65%
Small Cap Stocks
8.69%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹512.36 Cr | 19.18% |
| Consumer Cyclical | ₹273.43 Cr | 10.24% |
| Industrials | ₹183.73 Cr | 6.88% |
| Technology | ₹181.97 Cr | 6.81% |
| Healthcare | ₹112.45 Cr | 4.21% |
| Communication Services | ₹104.57 Cr | 3.91% |
| Utilities | ₹95.81 Cr | 3.59% |
| Energy | ₹89.23 Cr | 3.34% |
| Basic Materials | ₹86.77 Cr | 3.25% |
| Consumer Defensive | ₹85.52 Cr | 3.20% |
| Real Estate | ₹19.8 Cr | 0.74% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
8.36%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.41
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 2025
ISIN | INF090I01WQ5 | Expense Ratio | 0.44% | Exit Load | 1.00% | Fund Size | ₹2,671 Cr | Age | 2 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Unifi Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.9% | 1.0% | ₹640.17 Cr | - |
| Unifi Dynamic Asset Allocation Fund Regular Growth Moderate Risk | 1.5% | 1.0% | ₹640.17 Cr | - |
| Canara Robeco Balanced Advantage Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1485.86 Cr | - |
| Canara Robeco Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1485.86 Cr | - |
| Helios Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹304.96 Cr | 3.4% |
| Helios Balanced Advantage Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹304.96 Cr | 1.8% |
| Parag Parikh Dynamic Asset Allocation Fund Regular Growth Moderate Risk | 0.6% | 1.0% | ₹2104.51 Cr | 8.1% |
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2104.51 Cr | 8.4% |
| Samco Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹452.79 Cr | -2.7% |
| Samco Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹452.79 Cr | -4.2% |
About the AMC
Total AUM
₹1,08,971 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 Very High Risk
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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 18-Jun-2025, is ₹14.99.
What is the portfolio composition of Franklin India Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 46.43% in equities, 28.50% in bonds, and 25.08% 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
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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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.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.