Franklin India Balanced Advantage Fund Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 13.37 as on 16-05-2024
About the Fund
Franklin India Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 6 September, 2022. The fund is managed by Sachin Padwal-Desai, Umesh Sharma. This fund gives you the benefit of diversification.
Key Parameters
- Franklin India Balanced Advantage Fund Direct Growth has ₹1841 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Fund Performance
142 people have invested ₹ 8.2L in Franklin India Balanced Advantage Fund Direct Growth in the last three months
Overview
 | 0.42% |
 Benchmark | Nifty 50 Hybrid Composite Debt 50:50 |
 | ₹1841 Cr |
 | 6 September, 2022 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 122.83% |
Franklin India Balanced Advantage Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
51.6%
Small cap
8.1%
Mid cap
6.3%
Sector Allocation
Financial Services
28.4%
Industrial
16%
Consumer Cyclical
14.5%
Tech
8.2%
Health
6.4%
Energy
5.9%
Communication
5.8%
Utilities
5.2%
Consumer Defensive
4.4%
Basic Materials
4.3%
Real Estate
1%
Top Holdings of Franklin India Balanced Advantage Fund Direct Growth as on (30-Apr-24)
Equity Holdings46
Debt Holdings7
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 5.19% | 0% | |
 HDFC Bank Ltd | 4.77% | 0% | |
 Larsen & Toubro Ltd | 3.24% | 0% | |
 Infosys Ltd | 2.75% | 0% | |
 Reliance Industries Ltd | 2.75% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.7K Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Sachin Padwal-Desai
Fund Manager of Franklin India Balanced Advantage Fund Direct Growth, since 6 September 2022
Top funds managed
Umesh Sharma
Fund Manager of Franklin India Balanced Advantage Fund Direct Growth, since 6 September 2022
Top funds managed
Franklin India Balanced Advantage Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.25% since inception which is more than its category average return of 11.44%
Fund Allocations
This fund has an allocation of 44.76% in Equity, 9.35% in Debt and 45.89% in Cash related instruments
AUM size ₹1841 Cr
This fund has AUM of ₹1841 Cr which is less than its category average of ₹ 8333 Cr
Expense Ratio 0.42%
This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions
The current NAV of Franklin India Balanced Advantage Fund Direct Growth is ₹13.37 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Franklin India Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 13.84% | 13.84% |
1 Year Returns | 27.15% | 27.15% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.42% as on April 2024
₹1841 Cr as on April 2024
6.69% Govt Stock 2024(11.11%), ICICI Bank Ltd(5.19%), HDFC Bank Ltd(4.77%), Larsen & Toubro Ltd(3.24%), Infosys Ltd(2.75%) as on April 2024
Cash Equivalent(45.89%), Financial Services(12.72%), Corporate(8%) as on April 2024
AAA | 93.1 |
AA | 6.9 |
Sachin Padwal-Desai, Umesh Sharma are the fund managers of Franklin India Balanced Advantage Fund Direct Growth
The Exit load of Franklin India Balanced Advantage Fund Direct Growth is 1%