Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Hybrid
Direct
Dynamic Asset Allocation
Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

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

  1. Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹1912 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 20.05% since inception. Over the last 1 year the fund has given a CAGR return of 28.48%.

Holdings

Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Corporate, Consumer Cyclical, Tech, Health, Energy, Communication, Utilities, Consumer Defensive, Government, Basic Materials, Real Estate.

Taxation

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

The Scheme intends 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. There can be no assurance that the investment objective of the scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 1.5K in Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.43%
Benchmark
Nifty 50 Hybrid Composite Debt 50:50
AUM₹1912 Cr
Inception Date6 September, 2022
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
122.83%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 42.5%

  • Debt & Cash 57.5%

Large cap
51.9%

Small cap
8.8%

Mid cap
5.7%

Sector Allocation

May'24

Apr'24

Mar'24

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%
All changes are between Oct'69 and Dec'69

Umesh Sharma
Umesh Sharma
Fund Manager of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 6 September 2022
Sachin Padwal-Desai
Sachin Padwal-Desai
Fund Manager of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 6 September 2022

Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 20.05% since inception which is more than its category average return of 12.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 42.51% in Equity, 11.12% in Debt and 46.38% in Cash related instruments
AUM size ₹1912 Cr

AUM size ₹1912 Cr

This fund has AUM of ₹1912 Cr which is less than its category average of ₹ 8445 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹13.87 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Franklin India Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.98%
2.98%
6 Month Returns
12.51%
12.51%
1 Year Returns
28.48%
28.48%
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.
0.43% as on May 2024
₹1912 Cr as on May 2024
6.69% Govt Stock 2024(10.76%), HDFC Bank Ltd(5.94%), ICICI Bank Ltd(4.56%), Larsen & Toubro Ltd(3.18%), Infosys Ltd(3.05%) as on May 2024
Cash Equivalent(46.38%), Financial Services(12.28%), Corporate(9.01%) as on May 2024
AAA
93.75
AA
6.25
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%