Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 11.5 as on 04-10-2023
Fund Performance
3 people have invested ₹ 1.5K in Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months
About the Fund
Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 6 September, 2022. The fund is managed by Umesh Sharma, Sachin Padwal-Desai. This fund gives you the benefit of diversification.
Key Parameters
- Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹1308 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.2.
Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.19% |
 Benchmark | Nifty 50 Hybrid Composite Debt 50:50 |
 | ₹1308 Cr |
 | 6 September, 2022 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 122.83% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
49.9%
Small cap
9.4%
Mid cap
6.4%
Sector Allocation
Financial Services
30.3%
Industrial
16.9%
Consumer Cyclical
13.7%
Tech
9.4%
Consumer Defensive
6.1%
Energy
6%
Utilities
5.1%
Health
4.6%
Basic Materials
4%
Communication
3.9%
Top Holdings of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (30-Sep-23)
Equity Holdings47
Debt Holdings13
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.37% | 0% | |
 ICICI Bank Ltd | 5.28% | 0% | |
 Larsen & Toubro Ltd | 3.48% | -2.7% | |
 Infosys Ltd | 3.16% | -12% | |
 Axis Bank Ltd | 2.49% | -13.9% |
See all
Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.3K Cr as of Aug'23
- AUM increased by 42.5 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Umesh Sharma
Fund Manager of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 6 September 2022
Top funds managed
Sachin Padwal-Desai
Fund Manager of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 6 September 2022
Top funds managed
Fund 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 14.72% since inception which is more than its category average return of 10.41%
Fund Allocations
This fund has an allocation of 46.69% in Equity, 14.55% in Debt and 38.76% in Cash related instruments
AUM size ₹1308 Cr
This fund has AUM of ₹1308 Cr which is less than its category average of ₹ 7879 Cr
Expense Ratio 0.19%
This fund has an expense ratio of 0.19% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹11.51 as on 04-Oct-2023.
Existing (Absolute + CAGR) as on 04-Oct-2023.
Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.33% | 1.33% |
6 Month Returns | 13.47% | 13.47% |
1 Year Returns | 17.56% | 17.56% |
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.
0.19% as on September 2023
₹1308 Cr as on September 2023
HDFC Bank Ltd(5.37%), ICICI Bank Ltd(5.28%), 7.38% Govt Stock 2027(5.27%), Larsen & Toubro Ltd(3.48%), Infosys Ltd(3.16%) as on September 2023
Cash Equivalent(29.33%), Government(16.27%), Financial Services(14.13%) as on September 2023
AAA | 100 |
Umesh Sharma, Sachin Padwal-Desai are the fund managers of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%