Loading...
Franklin India Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationHigh Risk
Direct
NAV (14-Oct-26)
₹14.86-0.29%1D
Returns (Since Inception)
10.12%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹2,823 Cr
Expense Ratio
0.76%
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 4 years, 1 months and 9 days, having been launched on 06-Sep-22.
As of 14-Oct-26, it has a Net Asset Value (NAV) of ₹14.86, Assets Under Management (AUM) of 2822.52 Crores, and an expense ratio of 0.76%.
As of 14-Oct-26, it has a Net Asset Value (NAV) of ₹14.86, Assets Under Management (AUM) of 2822.52 Crores, and an expense ratio of 0.76%.
- Franklin India Balanced Advantage Fund Direct Growth has given a CAGR return of 10.12% since inception.
- The fund's asset allocation comprises around 63.86% in equities, 27.39% in debts, and 8.76% 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
-2.22%
— (Cat Avg.)
3 Years
+8.60%
+7.93% (Cat Avg.)
Since Inception
+10.12%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2026
| Equity | ₹1,802.43 Cr | 63.86% |
| Debt | ₹772.97 Cr | 27.39% |
| Others | ₹247.13 Cr | 8.76% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Jubilant Bevco Limited | Bond - Corporate Bond | ₹133.81 Cr | 4.98% |
| Cash Offset For Derivatives | Cash - General Offset | ₹115.8 Cr | 4.31% |
| HDFC Bank Ltd | Equity | ₹90.97 Cr | 3.39% |
| ICICI Bank Ltd | Equity | ₹89.55 Cr | 3.33% |
| Jubilant Beverages Limited | Bond - Corporate Bond | ₹83.11 Cr | 3.09% |
| Bharti Airtel Ltd | Equity | ₹81.7 Cr | 3.04% |
| Axis Bank Ltd | Equity | ₹70.5 Cr | 2.62% |
| Larsen & Toubro Ltd | Equity | ₹67.82 Cr | 2.52% |
| State Bank of India | Equity | ₹67.17 Cr | 2.50% |
| Mahindra & Mahindra Ltd | Equity | ₹56.05 Cr | 2.09% |
| RJ Corp Limited | Bond - Corporate Bond | ₹55.72 Cr | 2.07% |
| UltraTech Cement Ltd | Equity | ₹54.78 Cr | 2.04% |
| Eternal Ltd | Equity | ₹54.14 Cr | 2.01% |
| Bharat Electronics Ltd | Equity | ₹52.42 Cr | 1.95% |
| Poonawalla Fincorp Limited | Bond - Corporate Bond | ₹51.57 Cr | 1.92% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹50.88 Cr | 1.89% |
| Reliance Industries Ltd | Equity | ₹49.08 Cr | 1.83% |
| Kirloskar Oil Engines Ltd | Equity | ₹38.42 Cr | 1.43% |
| Tata Power Co Ltd | Equity | ₹35.9 Cr | 1.34% |
| InterGlobe Aviation Ltd | Equity | ₹35.39 Cr | 1.32% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹35.24 Cr | 1.31% |
| Dhoot Transmission Ltd | Equity | ₹34.33 Cr | 1.28% |
| RBL Bank Ltd | Equity | ₹34.28 Cr | 1.28% |
| Ashok Leyland Ltd | Equity | ₹33.92 Cr | 1.26% |
| Britannia Industries Ltd | Equity | ₹33.81 Cr | 1.26% |
| Cipla Ltd | Equity | ₹33.65 Cr | 1.25% |
| Global Health Ltd | Equity | ₹32.76 Cr | 1.22% |
| Dixon Technologies (India) Ltd | Equity | ₹32.75 Cr | 1.22% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹32.46 Cr | 1.21% |
| Sedemac Mechatronics Ltd | Equity | ₹31.45 Cr | 1.17% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-31.05 Cr | 1.16% |
| Dr Reddy's Laboratories Ltd | Equity | ₹30.83 Cr | 1.15% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹30.81 Cr | 1.15% |
| Marico Ltd | Equity | ₹30.65 Cr | 1.14% |
| Infosys Ltd | Equity | ₹30.42 Cr | 1.13% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹30.35 Cr | 1.13% |
| Metropolis Healthcare Ltd | Equity | ₹29.95 Cr | 1.11% |
| Punjab (State Of) 7.02% | Bond - Sub-sovereign Government Debt | ₹29.63 Cr | 1.10% |
| Call, Cash & Other Assets | Cash - Collateral | ₹29.34 Cr | 1.09% |
| Pine Labs Ltd | Equity | ₹29.2 Cr | 1.09% |
| Phoenix Mills Ltd | Equity | ₹29.03 Cr | 1.08% |
| TVS Motor Co Ltd | Equity | ₹28.74 Cr | 1.07% |
| Astral Ltd | Equity | ₹27.41 Cr | 1.02% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹27.19 Cr | 1.01% |
| SBI Funds Management Ltd | Equity | ₹26.83 Cr | 1.00% |
| Exide Industries Ltd | Equity | ₹26.82 Cr | 1.00% |
| Tata Steel Ltd | Equity | ₹26.41 Cr | 0.98% |
| TBO Tek Ltd | Equity | ₹26.03 Cr | 0.97% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.87 Cr | 0.96% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹25.75 Cr | 0.96% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.58 Cr | 0.95% |
| Hyundai Motor India Ltd | Equity | ₹25.39 Cr | 0.94% |
| Asian Paints Ltd | Equity | ₹25.23 Cr | 0.94% |
| 7.62% Punjab Sgs 2033 | Bond - Gov't/Treasury | ₹25.16 Cr | 0.94% |
| India (Republic of) | Bond - Short-term Government Bills | ₹25 Cr | 0.93% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹24.78 Cr | 0.92% |
| 91 Dtb (24-Dec-2026) $ # | Bond - Gov't/Treasury | ₹24.69 Cr | 0.92% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹24.65 Cr | 0.92% |
| Timken India Ltd | Equity | ₹24.12 Cr | 0.90% |
| Lenskart Solutions Ltd | Equity | ₹23.98 Cr | 0.89% |
| 7.64% Uttarakhand Sgs 2032 | Bond - Gov't/Treasury | ₹23.83 Cr | 0.89% |
| Angel One Ltd Ordinary Shares | Equity | ₹23.29 Cr | 0.87% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-23.26 Cr | 0.87% |
| Multi Commodity Exchange of India Ltd | Equity | ₹23.1 Cr | 0.86% |
| Eris Lifesciences Ltd Registered Shs | Equity | ₹22.52 Cr | 0.84% |
| Data Patterns (India) Ltd | Equity | ₹21.43 Cr | 0.80% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹21.35 Cr | 0.79% |
| Margin On Derivatives | Cash - Collateral | ₹20.52 Cr | 0.76% |
| Suzlon Energy Ltd | Equity | ₹20.34 Cr | 0.76% |
| Punjab State Development Loans | Bond - Gov't/Treasury | ₹20.24 Cr | 0.75% |
| India (Republic of) | Bond - Short-term Government Bills | ₹19.9 Cr | 0.74% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-19.73 Cr | 0.73% |
| Emmvee Photovoltaic Power Ltd | Equity | ₹19.06 Cr | 0.71% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-17.12 Cr | 0.64% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-17.07 Cr | 0.64% |
| Aptus Value Housing Finance India Ltd | Equity | ₹16.28 Cr | 0.61% |
| PB Fintech Ltd | Equity | ₹15.96 Cr | 0.59% |
| Bihar State Development Loans | Bond - Gov't/Treasury | ₹15.87 Cr | 0.59% |
| 7.3% Uttarakhand Sgs 2032 | Bond - Gov't/Treasury | ₹15.26 Cr | 0.57% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹10.71 Cr | 0.40% |
| India Infrastructure Finance Company Limited | Bond - Corporate Bond | ₹10.65 Cr | 0.40% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-7.57 Cr | 0.28% |
| Kerala (Government of) 7.56% | Bond - Sub-sovereign Government Debt | ₹6.3 Cr | 0.23% |
| Rec Limited | Bond - Corporate Bond | ₹5.02 Cr | 0.19% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹4.94 Cr | 0.18% |
| Himachal Pradesh (Government of) 7.56% | Bond - Sub-sovereign Government Debt | ₹4.34 Cr | 0.16% |
| Maharashtra SDL | Bond - Gov't/Treasury | ₹1.3 Cr | 0.05% |
| 7.32% Chhattisgarh Sgs 2037 | Bond - Gov't/Treasury | ₹0.51 Cr | 0.02% |
| 7.32% Westbengal Sgs 2038 | Bond - Gov't/Treasury | ₹0.48 Cr | 0.02% |
| 7.08% Kerala Sgs 2040 | Bond - Gov't/Treasury | ₹0.14 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
34.56%
Mid Cap Stocks
11.85%
Small Cap Stocks
15.17%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹543.55 Cr | 20.23% |
| Industrials | ₹321.27 Cr | 11.96% |
| Consumer Cyclical | ₹315.01 Cr | 11.72% |
| Healthcare | ₹173.69 Cr | 6.46% |
| Technology | ₹111.43 Cr | 4.15% |
| Basic Materials | ₹106.41 Cr | 3.96% |
| Communication Services | ₹81.7 Cr | 3.04% |
| Consumer Defensive | ₹64.46 Cr | 2.40% |
| Energy | ₹49.08 Cr | 1.83% |
| Utilities | ₹35.9 Cr | 1.34% |
| Real Estate | ₹29.03 Cr | 1.08% |
Risk & Performance Ratios
Standard Deviation
This fund
8.29%
Cat. avg.
9.73%
Lower the better
Sharpe Ratio
This fund
0.34
Cat. avg.
0.23
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.33
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 30th September 2026
ISIN INF090I01WQ5 | Expense Ratio 0.76% | Exit Load 1.00% | Fund Size ₹2,823 Cr | Age 4 years 1 month | 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
₹1,35,918 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 14-Oct-2026, is ₹14.86.
What are the returns of Franklin India Balanced Advantage Fund Direct Growth?
The fund has generated -2.22% over the last 1 year and 8.60% 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 63.86% in equities, 27.39% in bonds, and 8.76% 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
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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.
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
©2021-2026 Dezerv. All Rights Reserved
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.
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.
