Franklin India Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
1M
All
NAV: 01 Feb 2023₹10.12
Min. SIP amount₹500
RatingNA
Fund size₹986.38Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Absolute returns
3M3M6MAll
Fund returns4.5%4.5%NA2.7%
Category averageNANANANA
Rank with in category1414NANA
Understand terms

Holdings (52)

NameSectorInstrumentAssets
GOISovereignGOI Sec6.9%
HDFC Bank Ltd.FinancialEquity6.1%
ICICI Bank Ltd.FinancialEquity4.8%
Infosys Ltd.TechnologyEquity4.2%
Larsen & Toubro Ltd.ConstructionEquity3.3%
Axis Bank Ltd.FinancialEquity3.3%
Reliance Industries Ltd.EnergyEquity2.6%
Canara Bank
FinancialCD2.5%
Axis Bank Ltd.
FinancialCD2.4%
State Bank of India
FinancialCD2.4%
See All

Expense ratio, exit load and tax

Expense ratio: 0.33%

Inclusive of GST

Exit load

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹500

Fund management

Sachin Padwal-Desai
Aug 2022 - Present
View details

Education
Mr. Desai is a B.E and PGDM from IIM Bangalore.
Experience
Prior to joining Franklin Templeton Mutual Fund, he has worked with Sundaram Mutual Fund, ICICI Bank, Infosys Technologies and Thermax.
Also manages these schemes

Umesh Sharma
Aug 2022 - Present
View details

Education
Mr. Sharma is a B.Com (H), CS and CA.
Experience
Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
Also manages these schemes

Rajasa Kakulavarapu
Aug 2022 - Present
View details

Education
Ms. Kakulavarapu has done B.Tech and MBA.
Experience
Prior to joining Franklin Templeton Mutual Fund, she has worked with Jefferies India Pvt. Ltd. and Credit Suisse Securities (India) Pvt. Ltd.
Also manages these schemes

Sandeep Manam
Aug 2022 - Present
View details

Education
Mr. Manam is a PGDM (IIM-Ahmedabad), B.Tech (Electronics & Communication Engg.)- National Institute of Technology Calicut
Experience
Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Cognizant Technology Solutions, Shapoorji Pallonji & Company Private Limited.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Indiabulls Finance Center, Tower 2,12th and 13th Floor, Senapati Bapat Marg,Elphinstone Road (West) Mumbai 400013
Phone
1800-425-4255 / 60004255
Launch Date
19 Feb 1996
Website
NA
Franklin Templeton Mutual Fund
Asset Management Company
Custodian
Hongkong & Shanghai Banking Corporation
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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