Franklin India Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
1M
6M
1Y
All
NAV: 28 Feb 2024₹12.90
Min. SIP amount₹500
RatingNA
Fund size₹1,621.39Cr

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
3M6M1YAll
Fund returns10.3%14.5%28.2%29.6%
Category averageNANA23.8%NA
Rank with in category121110NA
Understand terms

Holdings (56)

NameSectorInstrumentAssets
SovereignGOI Sec9.46%
FinancialEquity5.21%
FinancialEquity4.89%
ConstructionEquity3.56%
TechnologyEquity3.37%
FinancialEquity2.48%
Axis Bank Ltd.
FinancialCD2.45%
EnergyEquity2.41%
AutomobileEquity2.33%
TechnologyEquity2.24%
See All

Expense ratio, exit load and tax

Expense ratio: 0.60%

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₹1,000
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

Varun Sharma
Sep 2023 - Present
View details

Education
Mr. Sharma is a Bachelor in Business Studies from Sukhdev College of Business Studies, University of Delhi and holds a Post Graduate Diploma in Management from IIM - Calcutta.
Experience
Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with ICICI Securities (Feb 2010 - August 2014) as an Equity research Analyst and Credit Analysis and Research Limited (Apr 2009 - Feb 2010) as a Ratings Analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211Free Press Journal Marg, Nariman Point Mumbai 400013
Phone
1800-425-4255 / 60004255
Launch Date
19 Feb 1996
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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