Franklin India Multi Asset Allocation Fund Direct Growth

Fund Overview

Fund Size

₹2,804 Cr

Expense Ratio

0.29%

ISIN

INF090I01YH0

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

31 Jul 2025

About this fund

Franklin India Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Franklin Templeton Mutual Fund. This fund has been in existence for 11 months and 8 days, having been launched on 31-Jul-25.
As of 07-Jul-26, it has a Net Asset Value (NAV) of ₹11.14, Assets Under Management (AUM) of 2803.63 Crores, and an expense ratio of 0.29%.

Franklin India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 11.43% since inception.
The fund's asset allocation comprises around 67.26% in equities, 12.85% in debts, and 3.12% in cash & cash equivalents.
You can start investing in Franklin India Multi Asset Allocation 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.

Since Inception

+11.43%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2026

Equity	₹1,885.79 Cr	67.26%
Debt	₹360.29 Cr	12.85%
Others	₹557.55 Cr	19.89%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Nippon India ETF Gold BeES	Mutual Fund - ETF	₹393.35 Cr	14.03%
HDFC Bank Ltd	Equity	₹116.51 Cr	4.16%
State Bank of India	Equity	₹92.51 Cr	3.30%
Reliance Industries Ltd	Equity	₹86.03 Cr	3.07%
Nippon India Silver ETF	Mutual Fund - ETF	₹83.39 Cr	2.97%
Axis Bank Ltd	Equity	₹76.89 Cr	2.74%
ICICI Bank Ltd	Equity	₹76.15 Cr	2.72%
Larsen & Toubro Ltd	Equity	₹67.33 Cr	2.40%
UltraTech Cement Ltd	Equity	₹60.51 Cr	2.16%
Bharti Airtel Ltd	Equity	₹59.28 Cr	2.11%
Poonawalla Fincorp Limited	Bond - Corporate Bond	₹55.38 Cr	1.98%
Mahindra & Mahindra Ltd	Equity	₹54.35 Cr	1.94%
HCL Technologies Ltd	Equity	₹51.85 Cr	1.85%
Bharti Telecom Limited	Bond - Corporate Bond	₹51.67 Cr	1.84%
Eternal Ltd	Equity	₹51.47 Cr	1.84%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹50.61 Cr	1.81%
Embassy Office Parks Reit	Bond - Corporate Bond	₹50.25 Cr	1.79%
Marico Ltd	Equity	₹49.97 Cr	1.78%
Apollo Hospitals Enterprise Ltd	Equity	₹48.6 Cr	1.73%
Tata Power Co Ltd	Equity	₹45.59 Cr	1.63%
Hindalco Industries Ltd	Equity	₹44.54 Cr	1.59%
Titan Co Ltd	Equity	₹43.91 Cr	1.57%
Trent Ltd	Equity	₹43.34 Cr	1.55%
Britannia Industries Ltd	Equity	₹42.87 Cr	1.53%
Ashok Leyland Ltd	Equity	₹42.63 Cr	1.52%
Cipla Ltd	Equity	₹41.5 Cr	1.48%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹41.48 Cr	1.48%
Infosys Ltd	Equity	₹39.45 Cr	1.41%
Tata Steel Ltd	Equity	₹39.3 Cr	1.40%
National Bank for Agriculture and Rural Development	Bond - Gov't Agency Debt	₹37.64 Cr	1.34%
InterGlobe Aviation Ltd	Equity	₹37.6 Cr	1.34%
Bajaj Finance Limited	Bond - Corporate Bond	₹36.04 Cr	1.29%
Exide Industries Ltd	Equity	₹34.87 Cr	1.24%
Eris Lifesciences Ltd Registered Shs	Equity	₹34.32 Cr	1.22%
CESC Ltd	Equity	₹33.64 Cr	1.20%
Syrma SGS Technology Ltd	Equity	₹32.65 Cr	1.16%
Data Patterns (India) Ltd	Equity	₹32.6 Cr	1.16%
PG Electroplast Ltd	Equity	₹31.8 Cr	1.13%
Hindustan Unilever Ltd	Equity	₹31.68 Cr	1.13%
Medplus Health Services Ltd	Equity	₹30.05 Cr	1.07%
Oil & Natural Gas Corp Ltd	Equity	₹29.64 Cr	1.06%
Tata Capital Ltd	Equity	₹28.71 Cr	1.02%
GAIL (India) Ltd	Equity	₹27.17 Cr	0.97%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹25.94 Cr	0.93%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.21 Cr	0.90%
RJ Corp Limited	Bond - Corporate Bond	₹25.11 Cr	0.90%
Chalet Hotels Ltd	Equity	₹25.07 Cr	0.89%
Tbill	Bond - Gov't/Treasury	₹24.98 Cr	0.89%
Knowledge Realty Trust Units	Equity - REIT	₹24.55 Cr	0.88%
Punjab National Bank	Cash - CD/Time Deposit	₹23.58 Cr	0.84%
Bharat Petroleum Corp Ltd	Equity	₹23.18 Cr	0.83%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹21.37 Cr	0.76%
Call, Cash & Other Assets	Cash - Collateral	₹21.19 Cr	0.76%
360 One Wam Ltd Ordinary Shares	Equity	₹16.87 Cr	0.60%
PI Industries Ltd	Equity	₹15.03 Cr	0.54%
Kansai Nerolac Paints Ltd	Equity	₹14.02 Cr	0.50%
Crompton Greaves Consumer Electricals Ltd	Equity	₹13.39 Cr	0.48%
Prestige Estates Projects Ltd	Equity	₹11.23 Cr	0.40%
Metropolis Healthcare Ltd	Equity	₹9.15 Cr	0.33%
Syngene International Ltd	Equity	₹6.64 Cr	0.24%
JM Financial Services Limited	Cash - Commercial Paper	₹4.94 Cr	0.18%
Bank Of Baroda	Cash - CD/Time Deposit	₹4.82 Cr	0.17%
HDFC Bank Ltd.	Bond - Corporate Bond	₹4.73 Cr	0.17%
6.9% Govt Stock 2065	Bond - Gov't/Treasury	₹2.28 Cr	0.08%
Margin On Derivatives	Cash - Collateral	₹1.31 Cr	0.05%
Hindalco Industries Ltd	Equity - Option (Call)	₹-0.04 Cr	0.00%
Apollo Hospitals Enterprise Ltd	Equity - Option (Call)	₹-0.03 Cr	0.00%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹407.65 Cr	14.54%
Consumer Cyclical	₹292.35 Cr	10.43%
Industrials	₹221.64 Cr	7.91%
Basic Materials	₹173.39 Cr	6.18%
Healthcare	₹170.27 Cr	6.07%
Technology	₹155.75 Cr	5.56%
Energy	₹138.84 Cr	4.95%
Consumer Defensive	₹124.52 Cr	4.44%
Utilities	₹106.4 Cr	3.80%
Communication Services	₹59.28 Cr	2.11%
Real Estate	₹11.23 Cr	0.40%

Risk & Performance Ratios

Fund Managers

Pallab Roy

Since July 2025

R. Janakiraman

Since July 2025

Rohan Maru

Since July 2025

Sandeep Manam

Since July 2025

Rajasa Kakulavarapu

Since July 2025

Additional Scheme Detailsas of 31st May 2026

ISIN

INF090I01YH0

Expense Ratio

0.29%

Exit Load

No Charges

Fund Size

₹2,804 Cr

Age

11 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

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.

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Capitalmind Multi Asset Allocation Fund Direct Growth High Risk	0.5%	0.0%	₹36.04 Cr	-
Capitalmind Multi Asset Allocation Fund Regular Growth High Risk	2.0%	0.0%	₹36.04 Cr	-
The Wealth Company Multi Asset Allocation Fund Regular Growth Very High Risk	1.8%	1.0%	₹176.04 Cr	-
The Wealth Company Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹176.04 Cr	-
PGIM India Multi Asset Allocation Fund Direct Growth Very High Risk	0.6%	0.0%	₹273.65 Cr	-
PGIM India Multi Asset Allocation Fund Regular Growth Very High Risk	2.3%	0.0%	₹273.65 Cr	-
360 ONE Multi Asset Allocation Fund Regular Growth High Risk	1.7%	1.0%	₹454.86 Cr	-
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Franklin India Multi Asset Allocation Fund Regular Growth Very High Risk	1.6%	0.0%	₹2803.63 Cr	-
Franklin India Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	0.0%	₹2803.63 Cr	-
Canara Robeco Multi Asset Allocation Fund Direct Growth Very High Risk	0.6%	1.0%	₹1288.90 Cr	11.0%
Canara Robeco Multi Asset Allocation Fund Regular Growth Very High Risk	1.8%	1.0%	₹1288.90 Cr	9.4%
LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk	0.6%	1.0%	₹963.62 Cr	8.2%
LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk	1.8%	1.0%	₹963.62 Cr	6.6%
Samco Multi Asset Allocation Fund Direct Growth Very High Risk	1.7%	1.0%	₹411.96 Cr	3.8%
Samco Multi Asset Allocation Fund Regular Growth Very High Risk	3.3%	1.0%	₹411.96 Cr	2.2%
Invesco India Multi Asset Allocation Fund Regular Growth Very High Risk	1.4%	1.0%	₹1107.74 Cr	14.2%
Invesco India Multi Asset Allocation Fund Direct Growth Very High Risk	0.4%	1.0%	₹1107.74 Cr	15.6%
Union Multi Asset Allocation Fund Regular Growth Very High Risk	1.8%	1.0%	₹963.51 Cr	13.8%
Union Multi Asset Allocation Fund Direct Growth Very High Risk	0.9%	1.0%	₹963.51 Cr	15.0%
Bajaj Finserv Multi Asset Allocation Fund Direct Growth Very High Risk	0.4%	1.0%	₹1851.25 Cr	11.2%
Bajaj Finserv Multi Asset Allocation Fund Regular Growth Very High Risk	1.7%	1.0%	₹1851.25 Cr	9.6%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	0.0%	₹1117.94 Cr	16.6%
Mahindra Manulife Multi Asset Allocation Fund Regular Growth Very High Risk	1.6%	0.0%	₹1117.94 Cr	14.8%
Quantum Multi Asset Allocation Fund Regular Growth Very High Risk	2.0%	1.0%	₹57.17 Cr	2.3%
Quantum Multi Asset Allocation Fund Direct Growth Very High Risk	0.4%	1.0%	₹57.17 Cr	3.9%
HSBC Multi Asset Allocation Fund Direct Growth Moderate Risk	0.4%	1.0%	₹2979.17 Cr	17.9%
HSBC Multi Asset Allocation Fund Regular Growth Moderate Risk	1.6%	1.0%	₹2979.17 Cr	16.3%
Bank of India Multi Asset Allocation Fund Regular Growth High Risk	1.7%	1.0%	₹358.77 Cr	10.7%
Bank of India Multi Asset Allocation Fund Direct Growth High Risk	0.7%	1.0%	₹358.77 Cr	11.9%
Mirae Asset Multi Asset Allocation Fund Regular Growth High Risk	1.6%	1.0%	₹3422.92 Cr	10.4%
Mirae Asset Multi Asset Allocation Fund Direct Growth High Risk	0.3%	1.0%	₹3422.92 Cr	12.1%
Bandhan Multi Asset Allocation Fund Regular Growth Very High Risk	1.6%	0.0%	₹3380.49 Cr	14.5%
Bandhan Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	0.0%	₹3380.49 Cr	16.2%
Sundaram Multi Asset Allocation Fund Direct Growth High Risk	0.5%	1.0%	₹3286.20 Cr	8.2%
Sundaram Multi Asset Allocation Fund Regular Growth High Risk	1.8%	1.0%	₹3286.20 Cr	6.6%
DSP Multi Asset Allocation Fund Regular Growth Very High Risk	1.2%	1.0%	₹9801.76 Cr	17.8%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹9801.76 Cr	19.3%
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.5%	1.0%	₹13958.01 Cr	21.3%
Kotak Multi Asset Allocation Fund Regular Growth High Risk	1.7%	1.0%	₹13958.01 Cr	19.8%
Shriram Multi Asset Allocation Fund Direct Growth Very High Risk	0.9%	1.0%	₹138.81 Cr	9.0%
Shriram Multi Asset Allocation Fund Regular Growth Very High Risk	2.3%	1.0%	₹138.81 Cr	7.2%
Baroda BNP Paribas Multi Asset Fund Regular Growth High Risk	1.7%	1.0%	₹1427.85 Cr	7.6%
Baroda BNP Paribas Multi Asset Fund Direct Growth High Risk	0.8%	1.0%	₹1427.85 Cr	8.8%
Edelweiss Multi Asset Allocation Fund Regular Growth Low Risk	0.8%	0.0%	₹2658.45 Cr	6.0%
Edelweiss Multi Asset Allocation Fund Direct Growth Low Risk	0.5%	0.0%	₹2658.45 Cr	6.4%

About the AMC

Franklin Templeton Mutual Fund

+91 22 6751 9100

https://www.franklintempletonindia.com/

Total AUM

₹1,28,504 Cr

Address

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

Other Funds by Franklin Templeton Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Sapphire Equity Long-Short SIF Direct Growth Very High Risk	0.6%	1.0%	-	-
Franklin India Multi-Factor Fund Direct Growth Very High Risk	0.7%	0.0%	₹557.22 Cr	-
Franklin India Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	0.0%	₹2803.63 Cr	-
Franklin India Low Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹427.37 Cr	6.6%
Franklin India Long Duration Fund Direct Growth Moderately High risk	0.3%	0.0%	₹25.86 Cr	5.0%
Franklin India Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹1380.36 Cr	6.9%
Franklin India Medium to Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹46.04 Cr	5.2%
Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk	0.2%	0.0%	₹323.92 Cr	6.5%
Franklin India Multi Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4891.51 Cr	5.0%
Franklin India Multi-Asset Solution Fund of Funds Direct Growth Low to Moderate Risk	0.2%	0.0%	₹135.84 Cr	6.2%
Franklin India Equity Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹619.80 Cr	4.5%
Franklin India Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1120.28 Cr	5.4%
Franklin India Floating Rate Fund Direct Growth Moderate Risk	0.2%	0.0%	₹293.31 Cr	6.3%
Franklin India Credit Risk Fund Direct Growth High Risk	-	3.0%	₹104.00 Cr	7.5%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4442.84 Cr	6.3%
Templeton India Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹2086.71 Cr	-1.9%
Templeton India Equity Income Fund Direct Growth Very High Risk	1.0%	1.0%	₹2316.94 Cr	-1.1%
Franklin India Government Securities Direct Growth Low to Moderate Risk	0.6%	0.0%	₹153.00 Cr	5.0%
Franklin India Corporate Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1345.97 Cr	6.2%
Franklin India Pension Plan Direct Growth Moderately High risk	1.2%	3.0%	₹492.20 Cr	0.4%
Franklin India Short Term Income Plan Direct Growth Moderate Risk	-	0.0%	₹12.51 Cr	6.6%
Franklin Asian Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹869.62 Cr	48.3%
Franklin India Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹8723.81 Cr	4.2%
Franklin Build India Direct Growth Very High Risk	0.8%	1.0%	₹3159.55 Cr	4.0%
Franklin India Bluechip Fund Direct Growth Very High Risk	0.9%	1.0%	₹7145.03 Cr	-0.6%
Franklin India Flexi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹18796.71 Cr	-2.3%
Franklin India Prima Fund Direct Growth Very High Risk	0.8%	1.0%	₹12230.88 Cr	0.2%
Franklin India Equity Advantage Fund Direct Growth Very High Risk	1.1%	1.0%	₹3391.91 Cr	-0.8%
Franklin India Smaller Companies Fund Direct Growth Very High Risk	0.8%	1.0%	₹13847.34 Cr	0.8%
Franklin India Focused Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹11233.20 Cr	-4.5%
Franklin India Taxshield Fund Direct Growth Very High Risk	0.9%	0.0%	₹6038.73 Cr	-3.5%
Franklin India Technology Fund Direct Growth Very High Risk	0.9%	1.0%	₹1645.16 Cr	-14.2%
Franklin India Equity Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹2289.68 Cr	-0.3%
Franklin India Dynamic Asset Allo FOF Direct Growth Moderately High risk	0.3%	1.0%	₹1223.55 Cr	2.0%
Franklin India NSE Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹712.85 Cr	-3.2%
Franklin India Feeder - Franklin U.S. Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹5938.56 Cr	23.3%
Franklin India Debt Hybrid Fund Direct Growth Moderately High risk	0.6%	0.0%	₹192.28 Cr	2.1%
Franklin India Feeder - Templeton European Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹18.41 Cr	13.1%
Franklin India Short Term Income Plan Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹164.26 Cr	309.1%
Franklin India Income Opportunities Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹45.54 Cr	309.1%
Franklin India Low Duration Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹47.42 Cr	308.8%
Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth Low Risk	-	0.0%	₹29.52 Cr	309.0%
Franklin India Credit Risk Fund Segregated Portfolio 2 Direct Growth Very High Risk	-	0.0%	₹105.84 Cr	309.1%
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 Very High Risk	-	0.0%	-	-
Franklin India Balanced Advantage Fund Direct Growth High Risk	0.5%	1.0%	₹2769.68 Cr	2.0%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹583.15 Cr	6.3%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Franklin India Multi Asset Allocation Fund Direct Growth?

The NAV of Franklin India Multi Asset Allocation Fund Direct Growth, as of 07-Jul-2026, is ₹11.14.

What is the portfolio composition of Franklin India Multi Asset Allocation Fund Direct Growth?

The fund's allocation of assets is distributed as 67.26% in equities, 12.85% in bonds, and 3.12% in cash and cash equivalents.

Who manages the Franklin India Multi Asset Allocation Fund Direct Growth?

The fund managers responsible for Franklin India Multi Asset Allocation Fund Direct Growth are:-

Pallab Roy
R. Janakiraman
Rohan Maru
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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Franklin India Multi Asset Allocation Fund Direct Growth

Fund Overview