Franklin India Dynamic Asset Allocation Fund Of Funds Direct Growth

Franklin India Dynamic Asset Allocation Fund Of Funds Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by . This fund gives you the benefit of diversification.

1. Franklin India Dynamic Asset Allocation Fund Of Funds Direct Growth has ₹1328 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.5.
   

Franklin India Dynamic Asset Allocation Fund Of Funds Direct Growth has given a CAGR return of 12.25% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.93%, 17.52% and 14.39% respectively.

Franklin India Dynamic Asset Allocation Fund Of Funds Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Industrial, Consumer Cyclical, Cash Equivalent, Tech, Consumer Defensive, Basic Materials, Communication, Utilities, Energy, Health, Real Estate, Securitize.

As it is a fund of funds 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).

To provide long-term capital appreciation with relatively lower volatility through a dynamically balanced portfolio of equity and income funds. The equity allocation (i.e. the allocation to the diversified equity fund) will be determined based on the month-end weighted average P/E and P/B ratios of the Nifty 500 Index.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Dynamic Asset Allocation Fund Of Funds Direct Growth has no lock in period.