Fund Details
Franklin India Multi Asset Solution Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.10% |
| NAV | ₹14.56 (23 Jul 2021) |
|---|---|
| Fund Started | 28 Nov 2014 |
| Fund Size | ₹50 Cr |
Returns
Comparison
1. Lower expense ratio - 0.1%
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Franklin India Bluechip Direct Fund-Growth | Financial | Mutual Fund | 26.1% |
| Nippon India ETF Gold BeES | Financial | Mutual Fund | 18.1% |
| Franklin India Liquid Fund Direct-Growth | Financial | Mutual Fund | 11.0% |
| Franklin India Short-term Income Plan Direct-Growth | Financial | Mutual Fund | 7.2% |
Fund Managers
Franklin India Multi Asset Solution Fund Direct Growth Details
Franklin India Multi Asset Solution Fund Direct Growth is a Other Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 28 Nov 2014. Anand Radhakrishnan is the Current Fund Manager of Franklin India Multi Asset Solution Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹50 Cr and the Latest NAV as of 23 Jul 2021 is ₹14.56.
The Franklin India Multi Asset Solution Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 3 years.
Investment Objective
The fund seeks to achieve capital appreciation and diversification through a mix of strategic and tactical allocation to various asset classes such as equity, debt, gold and cash by investing in funds investing in these asset classes.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
