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Fund Overview

Fund Size

Fund Size

₹1,841 Cr

Expense Ratio

Expense Ratio

0.42%

ISIN

ISIN

INF090I01WQ5

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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 1 years, 8 months and 16 days, having been launched on 06-Sep-22.
As of 21-May-24, it has a Net Asset Value (NAV) of ₹13.49, Assets Under Management (AUM) of 1840.91 Crores, and an expense ratio of 0.42%.
  • Franklin India Balanced Advantage Fund Direct Growth has given a CAGR return of 19.20% since inception.
  • The fund's asset allocation comprises around 44.76% in equities, 9.35% in debts, and 45.89% 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

+29.10%

+23.60% (Cat Avg.)

Since Inception

+19.20%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity823.91 Cr44.76%
Debt172.14 Cr9.35%
Others844.85 Cr45.89%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Nifty Index FutureEquity Index - Future-392.23 Cr21.31%
Cash Offset For DerivativesCash - General Offset392.23 Cr21.31%
6.69% Govt Stock 2024Bond - Gov't/Treasury204.48 Cr11.11%
Call, Cash & Other AssetsCash - Collateral187.85 Cr10.20%
ICICI Bank LtdEquity95.63 Cr5.19%
HDFC Bank LtdEquity87.86 Cr4.77%
Margin On DerivativesCash - Collateral60.29 Cr3.28%
Larsen & Toubro LtdEquity59.63 Cr3.24%
Infosys LtdEquity50.71 Cr2.75%
Reliance Industries LtdEquity50.71 Cr2.75%
ICICI Home Finance Company Limited 8.1%Bond - Corporate Bond50.66 Cr2.75%
LIC Housing Finance Ltd. 7.835%Bond - Corporate Bond50.57 Cr2.75%
Bharti Airtel LtdEquity44.96 Cr2.44%
Axis Bank LtdEquity43.84 Cr2.38%
Tata Motors LtdEquity43.04 Cr2.34%
State Bank of IndiaEquity40.16 Cr2.18%
Sun Pharmaceuticals Industries LtdEquity34.55 Cr1.88%
GAIL (India) LtdEquity34.31 Cr1.86%
Zomato LtdEquity33.03 Cr1.79%
Bharat Electronics LtdEquity32.96 Cr1.79%
HCL Technologies LtdEquity31.53 Cr1.71%
NTPC LtdEquity29.4 Cr1.60%
IndusInd Bank LtdEquity29.12 Cr1.58%
Kirloskar Oil Engines LtdEquity27.6 Cr1.50%
Bharti Telecom LimitedBond - Corporate Bond25.99 Cr1.41%
Hindustan Aeronautics Ltd Ordinary SharesEquity25.53 Cr1.39%
United Spirits LtdEquity23.07 Cr1.25%
Marico LtdEquity21.76 Cr1.18%
Apollo Hospitals Enterprise LtdEquity21.41 Cr1.16%
PB Fintech LtdEquity21.25 Cr1.15%
Oil & Natural Gas Corp LtdEquity20.65 Cr1.12%
Container Corporation of India LtdEquity20.25 Cr1.10%
7.06% Govt Stock 2028Bond - Gov't/Treasury19.99 Cr1.09%
Bajaj Housing Finance LimitedBond - Corporate Bond19.99 Cr1.09%
Sapphire Foods India LtdEquity19.28 Cr1.05%
Crompton Greaves Consumer Electricals LtdEquity18.69 Cr1.02%
Amber Enterprises India Ltd Ordinary SharesEquity18.08 Cr0.98%
Jubilant Foodworks LtdEquity17.3 Cr0.94%
Tech Mahindra LtdEquity17.06 Cr0.93%
Maruti Suzuki India LtdEquity16.66 Cr0.91%
HDFC Life Insurance Company LimitedEquity16.05 Cr0.87%
Voltas LtdEquity14.75 Cr0.80%
Affle India LtdEquity14.5 Cr0.79%
TeamLease Services LtdEquity13.91 Cr0.76%
Tata Steel LtdEquity12.17 Cr0.66%
Dalmia Bharat LtdEquity12.13 Cr0.66%
SBI Cards and Payment Services Ltd Ordinary SharesEquity11.87 Cr0.64%
Metropolis Healthcare LtdEquity11.63 Cr0.63%
UltraTech Cement LtdEquity11.57 Cr0.63%
Prestige Estates Projects LtdEquity11.56 Cr0.63%
Bharti Hexacom LtdEquity11.26 Cr0.61%
Eris Lifesciences Ltd Registered ShsEquity10.12 Cr0.55%
Apeejay Surrendra Park Hotels LtdEquity9.73 Cr0.53%
Jyothy Labs LtdEquity8.51 Cr0.46%
Nuvoco Vista Corp LtdEquity8.4 Cr0.46%
JK Lakshmi Cement LtdEquity7.96 Cr0.43%
7.38% Govt Stock 2027Bond - Gov't/Treasury4.95 Cr0.27%

Allocation By Market Cap (Equity)

Large Cap Stocks

51.63%

Mid Cap Stocks

6.30%

Small Cap Stocks

8.13%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services345.77 Cr18.78%
Industrials194.63 Cr10.57%
Consumer Cyclical175.8 Cr9.55%
Technology99.3 Cr5.39%
Healthcare77.72 Cr4.22%
Energy71.35 Cr3.88%
Communication Services70.73 Cr3.84%
Utilities63.7 Cr3.46%
Consumer Defensive53.34 Cr2.90%
Basic Materials52.23 Cr2.84%
Real Estate11.56 Cr0.63%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.95

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.90

Higher the better

Fund Managers

RG

Rahul Goswami

Since November 2023

Anuj Tagra

Anuj Tagra

Since March 2024

Chandni Gupta

Chandni Gupta

Since March 2024

Varun Sharma

Varun Sharma

Since September 2023

SM

Sandeep Manam

Since September 2022

RK

Rajasa Kakulavarapu

Since September 2022

Additional Scheme Detailsas of 30th April 2024

ISININF090I01WQ5Expense Ratio0.42%Exit Load1.00%Fund Size₹1,841 CrAge06 Sep 2022Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 Hybrid Composite Debt 50:50

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1247.43 Cr26.7%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1247.43 Cr28.3%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1046.84 Cr63.5%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.2%1.0%₹1046.84 Cr60.9%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹2228.68 Cr20.5%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2228.68 Cr18.9%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹731.33 Cr29.7%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹731.33 Cr32.0%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.6%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1570.06 Cr20.9%

About the AMC

Total AUM

₹91,403 Cr

Address

Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013

Other Funds by Franklin Templeton Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Franklin India Multi-Asset Solution Fund of Funds Direct Growth

High Risk

0.4%1.0%₹53.42 Cr19.4%
Franklin India Equity Savings Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹531.23 Cr13.8%
Franklin India Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹271.41 Cr6.7%
Franklin India Floating Rate Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹272.43 Cr8.5%
Franklin India Credit Risk Fund Direct Growth

High Risk

-3.0%₹104.00 Cr7.5%
Franklin India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1511.50 Cr7.6%
Templeton India Value Fund Direct Growth

Very High Risk

0.9%1.0%₹1922.69 Cr47.3%
Templeton India Equity Income Fund Direct Growth

Very High Risk

1.3%1.0%₹2158.34 Cr45.1%
Franklin India Government Securities Direct Growth

Moderately High risk

0.6%0.0%₹140.79 Cr5.8%
Franklin India Corporate Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹731.00 Cr7.0%
Franklin India Pension Plan Direct Growth

Moderately High risk

1.5%3.0%₹500.87 Cr19.8%
Franklin India Short Term Income Plan Direct Growth

Moderate Risk

-0.0%₹12.51 Cr2.5%
Franklin Asian Equity Fund Direct Growth

Very High Risk

1.6%1.0%₹231.17 Cr8.7%
Franklin India Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹3459.54 Cr77.9%
Franklin Build India Direct Growth

Very High Risk

1.0%1.0%₹2405.85 Cr83.6%
Franklin India Bluechip Fund Direct Growth

Very High Risk

1.0%1.0%₹7705.18 Cr28.9%
Franklin India Flexi Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹15267.10 Cr45.2%
Franklin India Prima Fund Direct Growth

Very High Risk

1.0%1.0%₹10706.25 Cr53.8%
Franklin India Equity Advantage Fund Direct Growth

Very High Risk

1.3%1.0%₹3216.18 Cr35.1%
Franklin India Smaller Companies Fund Direct Growth

Very High Risk

0.9%1.0%₹12586.94 Cr58.4%
Franklin India Focused Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹11511.53 Cr38.4%
Franklin India Taxshield Fund Direct Growth

Very High Risk

1.0%0.0%₹6383.38 Cr45.7%
Franklin India Technology Fund Direct Growth

Very High Risk

1.1%1.0%₹1444.64 Cr57.4%
Franklin India Equity Hybrid Fund Direct Growth

Very High Risk

1.1%1.0%₹1781.57 Cr33.9%
Franklin India Dynamic Asset Allo FOF Direct Growth

High Risk

0.5%1.0%₹1314.08 Cr27.7%
Franklin India NSE Nifty 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹658.52 Cr24.5%
Franklin India Feeder - Franklin U.S. Opportunities Fund Direct Growth

Very High Risk

0.6%1.0%₹3385.14 Cr39.3%
Franklin India Debt Hybrid Fund Direct Growth

Moderately High risk

0.7%0.0%₹232.67 Cr15.2%
Franklin India Feeder - Templeton European Opportunities Fund Direct Growth

Very High Risk

0.5%1.0%₹15.03 Cr10.2%
Franklin India Short Term Income Plan Segregated Portfolio 2 Direct Growth

Moderate Risk

-0.0%₹164.26 Cr309.1%
Franklin India Income Opportunities Fund Segregated Portfolio 2 Direct Growth

Moderate Risk

-0.0%₹45.54 Cr309.1%
Franklin India Low Duration Fund Segregated Portfolio 2 Direct Growth

Moderate Risk

-0.0%₹47.42 Cr308.8%
Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth

Low Risk

-0.0%₹29.52 Cr309.0%
Franklin India Credit Risk Fund Segregated Portfolio 2 Direct Growth

Very High Risk

-0.0%₹105.84 Cr309.1%
Franklin India Debt Hybrid Fund Segregated Portfolio 1 Direct Growth

Moderately High risk

0.7%0.0%--
Franklin India Short Term Income Plan Segregated Portfolio 3 Direct Growth

Moderate Risk

-0.0%--
Franklin India Balanced Advantage Fund Direct Growth

Very High Risk

0.4%1.0%₹1840.91 Cr29.1%
Franklin India Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.2%0.0%₹629.63 Cr7.1%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Franklin India Balanced Advantage Fund Direct Growth, as of 21-May-2024, is ₹13.49.
The fund's allocation of assets is distributed as 44.76% in equities, 9.35% in bonds, and 45.89% in cash and cash equivalents.
The fund managers responsible for Franklin India Balanced Advantage Fund Direct Growth are:-
  1. Rahul Goswami
  2. Anuj Tagra
  3. Chandni Gupta
  4. Varun Sharma
  5. Sandeep Manam
  6. Rajasa Kakulavarapu