Overview
Franklin India Balanced Advantage Fund Direct Growth
Franklin Templeton Mutual Fund
The scheme seeks to generate long-term capital appreciation and income generation by investing in a dynamically managed portfolio of equity & equity related instruments and fixed income and money market instruments.
Investments in Franklin India Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 14.5949
Fund Size (AUM)
₹2502.44 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
06-Sep-2022
Expense Ratio
0.46%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
-1.84%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 11.44% | N/A | N/A | N/A |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 13 | N/A | N/A | N/A |
Holdings (106)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.72% |
| ICICI Bank Ltd. | Financial | Equity | 5.0% |
| Bharti Airtel Ltd. | Communication | Equity | 3.36% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.19% |
| Infosys Ltd. | Technology | Equity | 3.15% |
| Reliance Industries Ltd. | Energy | Equity | 3.02% |
| Axis Bank Ltd. | Financial | Equity | 2.71% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 2.64% |
| Tata Motors Ltd. | Automobile | Equity | 2.48% |
| HCL Technologies Ltd. | Technology | Equity | 2.42% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 10
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 1
AMC Details
Asset Management Company
Franklin Templeton Mutual Fund
Franklin Templeton Mutual Fund started their mutual fund on 19/02/1996 and its managing total assets of ₹95,716 Cr. Its ranked at 8 as per total assets at end of 30th Sep 2017. Franklin Templeton Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
The firm specializes in conservatively managed mutual funds. It offers products under the Franklin, Templeton, Mutual Series and Fiduciary brand names. Like other large investment companies, the firm offers a wide variety of funds but is traditionally best known for bond funds under the Franklin brand, international funds under the Templeton brand, and value funds under the Mutual Series brand.
With more than 600 investment professionals in 28 countries around the world, Franklin Templeton is uniquely positioned to look beyond the largest or most visible securities in each market to spot smart global investments that meet their rigorous investment criteria.
Franklin Templeton's association with India dates back to over 2 decades as an investor. As part of the group's major thrust on investing in markets around the world, the India office was set up in 1996 as Templeton Asset Management India Pvt. Limited.
Launch Date
1996-02-19T00:00:00.058Z
Total AUM
₹ 106403.1 Cr
Address
Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211Free Press Journal Marg, Nariman Point Mumbai 400013
Phone
1800-425-4255 / 60004255
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Franklin India Balanced Advantage Fund Direct Growth
Franklin Templeton Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Franklin India Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Franklin India Balanced Advantage Fund Direct Growth?
The top stocks held by Franklin India Balanced Advantage Fund Direct Growth include HDFC Bank Ltd., ICICI Bank Ltd., Bharti Airtel Ltd..
Which industries does Franklin India Balanced Advantage Fund Direct Growth invest in?
Franklin India Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Communication, Construction.
Who are the fund managers of Franklin India Balanced Advantage Fund Direct Growth?
The fund managers of Franklin India Balanced Advantage Fund Direct Growth are Rahul Goswami and Venkatesh Sanjeevi and Anuj Tagra and Chandni Gupta and Rajasa Kakulavarapu and Sandeep Manam.
How many years has the fund manager been managing Franklin India Balanced Advantage Fund Direct Growth?
Rahul Goswami:
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Venkatesh Sanjeevi:
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Anuj Tagra:
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Chandni Gupta:
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Rajasa Kakulavarapu:
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Sandeep Manam:
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What is the minimum investment for Franklin India Balanced Advantage Fund Direct Growth?
The minimum investment for Franklin India Balanced Advantage Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Franklin India Balanced Advantage Fund Direct Growth?
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What are the average 3-year returns for Franklin India Balanced Advantage Fund Direct Growth?
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What is the expense ratio of Franklin India Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of Franklin India Balanced Advantage Fund Direct Growth is 0.46%. The average expense ratio for similar funds in the Hybrid is Calculating....