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Franklin India Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationHigh Risk
Direct
NAV (21-Nov-24)
₹14.22-0.06%1D
Returns (Since Inception)
17.26%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,352 Cr
Expense Ratio
0.46%
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, 2 months and 16 days, having been launched on 06-Sep-22.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹14.22, Assets Under Management (AUM) of 2351.98 Crores, and an expense ratio of 0.46%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹14.22, Assets Under Management (AUM) of 2351.98 Crores, and an expense ratio of 0.46%.
- Franklin India Balanced Advantage Fund Direct Growth has given a CAGR return of 17.26% since inception.
- The fund's asset allocation comprises around 45.43% in equities, 24.90% in debts, and 29.67% 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
+20.98%
+18.62% (Cat Avg.)
Since Inception
+17.26%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹1,068.62 Cr | 45.43% |
| Debt | ₹585.56 Cr | 24.90% |
| Others | ₹697.8 Cr | 29.67% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹479.3 Cr | 20.38% |
| Nifty Index Future - 28-Nov-2024 | Equity Index - Future | ₹-185.96 Cr | 7.91% |
| HDFC Bank Ltd | Equity | ₹144.59 Cr | 6.15% |
| Call, Cash & Other Assets | Cash - Collateral | ₹129.57 Cr | 5.51% |
| ICICI Bank Ltd | Equity | ₹108.16 Cr | 4.60% |
| Infosys Ltd | Equity | ₹75.56 Cr | 3.21% |
| Reliance Industries Ltd | Equity | ₹74.06 Cr | 3.15% |
| Bharti Airtel Ltd | Equity | ₹72.52 Cr | 3.08% |
| Larsen & Toubro Ltd | Equity | ₹70.63 Cr | 3.00% |
| Axis Bank Ltd | Equity | ₹56.72 Cr | 2.41% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹52.86 Cr | 2.25% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹52.07 Cr | 2.21% |
| HCL Technologies Ltd | Equity | ₹50.86 Cr | 2.16% |
| Summit Digitel Infrastructure Ltd | Bond - Corporate Bond | ₹50.76 Cr | 2.16% |
| Tata Motors Ltd | Equity | ₹50.64 Cr | 2.15% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹50.44 Cr | 2.14% |
| State Bank of India | Equity | ₹50.22 Cr | 2.14% |
| NTPC Ltd | Equity | ₹39.02 Cr | 1.66% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹38.24 Cr | 1.63% |
| United Spirits Ltd | Equity | ₹37.68 Cr | 1.60% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹35.27 Cr | 1.50% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹32.45 Cr | 1.38% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹32.17 Cr | 1.37% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹29.35 Cr | 1.25% |
| Zomato Ltd | Equity | ₹29.01 Cr | 1.23% |
| Future on Tata Motors Ltd | Equity - Future | ₹-28.73 Cr | 1.22% |
| PB Fintech Ltd | Equity | ₹28.07 Cr | 1.19% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹27.15 Cr | 1.15% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹27.12 Cr | 1.15% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹26.7 Cr | 1.14% |
| GAIL (India) Ltd | Equity | ₹26 Cr | 1.11% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹25.98 Cr | 1.10% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.87 Cr | 1.10% |
| Pipeline Infrastructure Private Limited | Bond - Corporate Bond | ₹25.68 Cr | 1.09% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-25.68 Cr | 1.09% |
| Maruti Suzuki India Ltd | Equity | ₹25.48 Cr | 1.08% |
| HDFC Credila Financial Services Ltd | Bond - Corporate Bond | ₹25.41 Cr | 1.08% |
| Jubilant Foodworks Ltd | Equity | ₹25.34 Cr | 1.08% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.24 Cr | 1.07% |
| 91 DTB 07112024 | Bond - Gov't/Treasury | ₹24.97 Cr | 1.06% |
| 182 DTB 14112024 | Bond - Gov't/Treasury | ₹24.94 Cr | 1.06% |
| 364 DTB | Bond - Gov't/Treasury | ₹24.67 Cr | 1.05% |
| Tata Steel Ltd | Equity | ₹24.6 Cr | 1.05% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-24.32 Cr | 1.03% |
| Bharat Electronics Ltd | Equity | ₹24.22 Cr | 1.03% |
| HDFC Life Insurance Co Ltd | Equity | ₹23.98 Cr | 1.02% |
| Hindustan Unilever Ltd | Equity | ₹22.75 Cr | 0.97% |
| IndusInd Bank Ltd | Equity | ₹22.7 Cr | 0.96% |
| Future on State Bank of India | Equity - Future | ₹-22.24 Cr | 0.95% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹21.14 Cr | 0.90% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹20.95 Cr | 0.89% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹20.86 Cr | 0.89% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹20.27 Cr | 0.86% |
| ICICI Bank Limited | Bond - Corporate Bond | ₹19.8 Cr | 0.84% |
| Eris Lifesciences Ltd Registered Shs | Equity | ₹18.52 Cr | 0.79% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-18.21 Cr | 0.77% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-17.74 Cr | 0.75% |
| Marico Ltd | Equity | ₹17.43 Cr | 0.74% |
| Tech Mahindra Ltd | Equity | ₹16.86 Cr | 0.72% |
| TeamLease Services Ltd | Equity | ₹16.44 Cr | 0.70% |
| Sapphire Foods India Ltd | Equity | ₹16.05 Cr | 0.68% |
| Oil & Natural Gas Corp Ltd | Equity | ₹15.97 Cr | 0.68% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹15.55 Cr | 0.66% |
| Bharti Hexacom Ltd | Equity | ₹15.51 Cr | 0.66% |
| UltraTech Cement Ltd | Equity | ₹15.49 Cr | 0.66% |
| Future on Infosys Ltd | Equity - Future | ₹-15.36 Cr | 0.65% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-15.24 Cr | 0.65% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹15.24 Cr | 0.65% |
| Pearl Global Industries Ltd | Equity | ₹15.14 Cr | 0.64% |
| Lemon Tree Hotels Ltd | Equity | ₹14.6 Cr | 0.62% |
| SRF Ltd | Equity | ₹14.58 Cr | 0.62% |
| Future on Tata Steel Ltd | Equity - Future | ₹-14.56 Cr | 0.62% |
| Margin On Derivatives | Cash - Collateral | ₹14.35 Cr | 0.61% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-13.49 Cr | 0.57% |
| Kirloskar Oil Engines Ltd | Equity | ₹13.21 Cr | 0.56% |
| Future on Axis Bank Ltd | Equity - Future | ₹-13.15 Cr | 0.56% |
| JK Lakshmi Cement Ltd | Equity | ₹12.99 Cr | 0.55% |
| Intellect Design Arena Ltd. | Equity | ₹12.28 Cr | 0.52% |
| Dalmia Bharat Ltd | Equity | ₹12.1 Cr | 0.51% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-11.51 Cr | 0.49% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-11.43 Cr | 0.49% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-10.57 Cr | 0.45% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹10.53 Cr | 0.45% |
| SKF India Ltd | Equity | ₹10.32 Cr | 0.44% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-10.22 Cr | 0.43% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10.09 Cr | 0.43% |
| Piramal Pharma Ltd | Equity | ₹10.07 Cr | 0.43% |
| Chemplast Sanmar Ltd | Equity | ₹10 Cr | 0.43% |
| PNB Housing Finance Ltd | Equity | ₹9.67 Cr | 0.41% |
| Future on United Spirits Ltd | Equity - Future | ₹-9.48 Cr | 0.40% |
| Prestige Estates Projects Ltd | Equity | ₹8.18 Cr | 0.35% |
| Apeejay Surrendra Park Hotels Ltd | Equity | ₹7.9 Cr | 0.34% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹7.86 Cr | 0.33% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-7.41 Cr | 0.32% |
| Future on NTPC Ltd | Equity - Future | ₹-7.08 Cr | 0.30% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹6.6 Cr | 0.28% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-6.05 Cr | 0.26% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹5.11 Cr | 0.22% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹5 Cr | 0.21% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-4.31 Cr | 0.18% |
| Future on Dalmia Bharat Ltd | Equity - Future | ₹-4.01 Cr | 0.17% |
| Metropolis Healthcare Ltd | Equity | ₹3.93 Cr | 0.17% |
| Akums Drugs and Pharmaceuticals Ltd | Equity | ₹1.65 Cr | 0.07% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-1.64 Cr | 0.07% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-0.89 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
36.78%
Mid Cap Stocks
6.25%
Small Cap Stocks
9.72%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹462.5 Cr | 19.66% |
| Consumer Cyclical | ₹237.76 Cr | 10.11% |
| Industrials | ₹170.92 Cr | 7.27% |
| Technology | ₹143.28 Cr | 6.09% |
| Healthcare | ₹95.7 Cr | 4.07% |
| Communication Services | ₹94.63 Cr | 4.02% |
| Energy | ₹90.03 Cr | 3.83% |
| Basic Materials | ₹89.77 Cr | 3.82% |
| Consumer Defensive | ₹77.86 Cr | 3.31% |
| Utilities | ₹65.02 Cr | 2.76% |
| Real Estate | ₹8.18 Cr | 0.35% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.86%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.75
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.37
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 October 2024
ISIN INF090I01WQ5 | Expense Ratio 0.46% | Exit Load 1.00% | Fund Size ₹2,352 Cr | Age 2 years 2 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
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1238.19 Cr | 11.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1238.19 Cr | 13.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1349.99 Cr | 31.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1349.99 Cr | 29.3% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2268.45 Cr | 17.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2268.45 Cr | 16.4% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹890.15 Cr | 19.7% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹890.15 Cr | 21.7% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1742.15 Cr | 17.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1742.15 Cr | 15.5% |
About the AMC
Franklin Templeton Mutual Fund
Total AUM
₹1,12,237 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
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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 21-Nov-2024, is ₹14.22.
What is the portfolio composition of Franklin India Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 45.43% in equities, 24.90% in bonds, and 29.67% 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, 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.