Franklin India Balanced Advantage Fund Direct IDCW NAV today
AMFI: 150479ISIN: INF090I01WR3MUTF_IN: FRAN_INDI_BALA_STT0ZDFranklin Templeton Mutual FundDynamic Asset Allocation or Balanced Advantage funds
NAV ₹12.1567
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹2,687 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.80%16 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 27.730 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 8130 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 6 Sep 2022
Franklin India Balanced Advantage Fund returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −2.60% | – | – | – | – |
| 1 month | −5.60% | – | 29 of 37 | −4.18% | −5.6% to −3.5% |
| 3 months | −4.54% | – | 30 of 37 | −3.41% | −4.2% to −2.6% |
| 6 months | −4.15% | – | 33 of 37 | −1.89% | −4.0% to −0.9% |
| 1 year | −5.54% | −2.65%to 30 Sep 2026 | 27 of 36 | −3.14% | −5.5% to −1.8% |
| 3 years | +8.32% | +6.04%to 30 Sep 2026 | 19 of 30 | +8.65% | +7.1% to +9.9% |
| 5 years | Needs 5 years | – | – | +7.99% | +6.6% to +9.0% |
| 10 years | Needs 10 years | – | – | +9.52% | +7.8% to +10.4% |
₹10,000 put in on 6 Sep 2022 is ₹14,538 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Dynamic Asset Allocation or Balanced Advantage funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | −0.05% | −2.65% |
| 3 years | +9.00% | +6.04% |
| Since launch | +10.49% | +6.84% |
Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2023, +21.2%; lowest year to Dec 2025, +5.8%
Franklin India Balanced Advantage Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,14,946₹1,14,940 after stamp duty | −8.04% | −8.05% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,66,910₹3,66,892 after stamp duty | +1.26% | +1.25% | ₹18 | |
| Since Sep 202249 instalments | ₹4,90,000 | ₹5,46,193₹5,46,166 after stamp duty | +5.32% | +5.32% | ₹25 |
5 years: Launched 6 Sep 2022, needs 5 years of history.
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 6 Sep 2022 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year770 windows−5.5%+13.2%+29.5%96.0%
3 years278 windows+8.2%+12.9%+15.5%100.0%
5 yearsLaunched 6 Sep 2022, needs 6 years of history
Every 3-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Franklin India Balanced Advantage Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.42 ptsA year, on 16 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.81%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.22%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.81%, Sep 2026.Direct plan lowest 0.09%, Jul 2023.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.47% | 1.70% |
| Brokerage | 0.06% | 0.06% |
| Transaction costs | 0.01% | 0.01% |
| Statutory levies | 0.26% | 0.45% |
Per cent of assets a year, filed for 16 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
In respect of each purchase of Units • Upto 10% of the Units may be redeemed without any exit load within 1 year from the date of allotment*. • Any redemption in excess of the above limit shall be subject to the following exit load: o 1.00% - if redeemed on or before 1 year from the date of allotment o Nil - if redeemed after 1 year from the date of allotment * This condition is applicable on a yearly basis. In case of multiple transactions, Units will be redeemed on First In First Out (FIFO) basis the date of allotment of such units. If the limit is not availed during a year, it shall not be clubbed or carried forward to the next year.MoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1,000
- Largest purchase
- ₹10,00,00,000
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP minimum
- Daily : 100; Weekly, Monthly & Quarterly : 500
As listed for this plan on 24 Oct 2026.
Franklin India Balanced Advantage Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹2,810 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 6.3%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹2,854 Cr, quarter to Dec 2025.
Assets at each month end
Highest ₹2,885 Cr, Dec 2025.Lowest ₹1,357 Cr, Sep 2023.
Franklin India Balanced Advantage Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| 0.00% Jubilant Bevco Ltd (31-May-2028)CRISIL AA, repaid 31 May 2028 | Bonds and bills | 4.98% | 133.81 | 11,897 | 9.05% | Jun 2025 | |
| HDFC BankBanks | Shares | Large cap2nd | 3.39% | 90.97 | 12,83,550 | – | Sep 2022or earlier |
| ICICI BankBanks | Shares | Large cap5th | 3.33% | 89.55 | 6,77,500 | – | Sep 2022or earlier |
| 0.00% Jubilant Beverages Ltd (31-May-2028)CRISIL AA, repaid 31 May 2028 | Bonds and bills | 3.09% | 83.11 | 7,420 | 9.06% | Jun 2025 | |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 3.04% | 81.70 | 4,65,000 | – | Sep 2022or earlier |
| Axis BankBanks | Shares | Large cap15th | 2.62% | 70.50 | 5,75,000 | – | Sep 2022or earlier |
| Larsen & ToubroConstruction | Shares | Large cap8th | 2.52% | 67.82 | 1,80,375 | – | Sep 2022or earlier |
| State Bank of IndiaBanks | Shares | Large cap4th | 2.50% | 67.17 | 7,00,000 | – | Sep 2022or earlier |
| Mahindra & MahindraAutomobiles | Shares | Large cap14th | 2.09% | 56.05 | 1,90,000 | – | Jul 2025 |
| 7.25% RJ Corp Ltd (08-Dec-2028)CRISIL AAA, repaid 8 Dec 2028 | Bonds and bills | 2.07% | 55.72 | 5,367 | 8.29% | Dec 2025 | |
| UltraTech CementCement & Cement Products | Shares | Large cap22nd | 2.04% | 54.78 | 50,000 | – | Sep 2022or earlier |
| EternalRetailing | Shares | Large cap37th | 2.01% | 54.14 | 16,91,750 | – | Sep 2022or earlier |
| Bharat ElectronicsAerospace & Defense | Shares | Large cap25th | 1.95% | 52.42 | 13,50,000 | – | Jul 2023 |
| 7.65% Poonawalla Fincorp Ltd (21-Apr-2027)CRISIL AAA, repaid 21 Apr 2027 | Bonds and bills | 1.92% | 51.57 | 5,000 | 7.91% | Apr 2025 | |
| 7.87% Summit Digitel Infrastructure Ltd (15-Mar-2030)CRISIL AAA, 7.87% coupon, repaid 15 Mar 2030 | Bonds and bills | 1.89% | 50.88 | 5,000 | 8.18% | Aug 2024 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Bharti Airtel | −1.16% | −31.05 | – |
| ICICI Bank | −0.87% | −23.26 | – |
| UltraTech Cement | −0.73% | −19.73 | – |
| Larsen & Toubro | −0.64% | −17.12 | – |
| HDFC Bank | −0.64% | −17.07 | – |
| Reliance Industries | −0.28% | −7.57 | – |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Call, Cash & Other Assets | 1.09% | 29.34 |
| Margin on Derivatives | 0.76% | 20.52 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 4.98%0.00% Jubilant Bevco Ltd (31-May-2028)
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 17.83%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 29.64%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 25.50%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 55.0Taken over 98.14% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares68.17%
- Bonds and bills29.98%
- Cash and receivables1.86%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−4.31%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.4.31%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap57.02%Category 68.10%
- Mid cap17.38%Category 16.88%
- Small cap22.26%Category 13.11%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 2.28% of the fund. Category is the average of 38 Dynamic Asset Allocation or Balanced Advantage funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.16sectors
- Financial Services19.82%Category 19.92%
- Capital Goods8.83%Category 4.42%
- Automobile And Auto Components7.95%Category 4.63%
- Healthcare5.57%Category 5.93%
- Consumer Services3.88%Category 3.61%
- Consumer Durables2.95%Category 1.74%
- Fast Moving Consumer Goods2.40%Category 3.14%
- Construction1.89%Category 1.64%
- Telecommunication1.89%Category 2.53%
- Oil Gas & Consumable Fuels1.55%Category 3.68%
- Power1.34%Category 1.51%
- Services1.32%Category 1.51%
- Construction Materials1.30%Category 0.88%
- Information Technology1.13%Category 3.54%
- Realty1.08%Category 0.58%
- Metals & Mining0.98%Category 1.91%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 38 Dynamic Asset Allocation or Balanced Advantage funds. Category average. The sector's weight, less the futures sold on it, averaged over the 38 Dynamic Asset Allocation or Balanced Advantage funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services14 companies | 19.82% | 20.52% | 20.27% | 20.27% | 19.18% | 21.34% | 20.47% | 19.28% | 17.76% | 16.87% | 15.85% | 16.06% | |
| Capital Goods8 companies | 8.83% | 7.61% | 5.67% | 5.23% | 4.25% | 4.63% | 3.98% | 3.79% | 3.71% | 3.06% | 2.56% | 1.24% | |
| Automobile And Auto Components7 companies | 7.95% | 6.55% | 5.01% | 4.34% | 3.70% | 3.32% | 3.11% | 2.91% | 2.97% | 3.52% | 3.61% | 3.63% | |
| Healthcare5 companies | 5.57% | 5.14% | 4.01% | 3.98% | 3.34% | 3.38% | 4.09% | 3.41% | 3.43% | 3.37% | 3.47% | 3.48% | |
| Consumer Services3 companies | 3.88% | 3.76% | 2.94% | 2.68% | 2.22% | 2.55% | 2.48% | 2.56% | 2.81% | 2.78% | 2.85% | 3.01% | |
| Consumer Durables3 companies | 2.95% | 2.66% | 2.60% | 2.46% | 1.56% | 0.86% | 0.81% | 0.92% | 0.77% | 1.32% | 1.41% | 1.68% | |
| Fast Moving Consumer Goods2 companies | 2.40% | 2.34% | 3.11% | 3.09% | 2.99% | 3.03% | 3.00% | 2.92% | 3.36% | 3.43% | 2.98% | 3.01% | |
| Construction1 company | 1.89% | 1.93% | 1.76% | 2.47% | 2.53% | 2.70% | 2.47% | 3.02% | 2.78% | 2.75% | 2.68% | 2.69% | |
| Telecommunication1 company | 1.89% | 1.80% | 1.84% | 1.90% | 2.32% | 2.71% | 2.91% | 2.30% | 2.63% | 2.66% | 3.01% | 2.96% | |
| Oil Gas & Consumable Fuels1 company | 1.55% | 1.89% | 2.47% | 2.51% | 3.10% | 3.67% | 3.62% | 2.73% | 3.37% | 3.47% | 3.16% | 3.12% | |
| Power1 company | 1.34% | 1.84% | 2.14% | 2.24% | 2.75% | 3.24% | 3.04% | 2.31% | 1.83% | 1.71% | 1.72% | 1.82% | |
| Services1 company | 1.32% | 1.32% | 1.21% | 1.34% | 1.05% | 1.23% | 1.18% | 1.14% | 1.16% | 1.24% | 1.41% | 1.39% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 8.02%Lines stating a yield: 100.00% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 7.21%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 252days
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 240days
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 291days
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign8.10%
- AAA13.80%
- AA8.07%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month0.93%
- 1 to 3 months1.66%
- 3 to 6 monthsNone
- 6 to 12 months2.10%
- 1 to 3 years15.74%
- 3 to 5 years4.76%
- 5 to 10 years4.30%
- Over 10 years0.49%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 4.98%JUBILANT BEVCO LIMITED
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 14.29%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 20.37%
Per cent of the fund's net assets. Lent outside the government: 21.88% of the fund, to 13 borrowers; the borrower is named for 100.00% of it, its group for 32.29%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 43.53% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 62.70% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 16
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 8
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 59
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 2.70%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 9.24%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| 7.66% Maharashtra SDL (04-Mar-2047) | Trimmed | 0.05% | 1.33% | −1.28 pts | −35,00,000 |
| TVS Motor Company | New | 1.07% | 0.00% | +1.07 pts | +70,000 |
| 91 DTB (24-Dec-2026) $ | New | 0.92% | 0.00% | +0.92 pts | +25,00,000 |
| Data Patterns (India) | New | 0.80% | 0.00% | +0.80 pts | +50,000 |
| 91 DTB (05-Nov-2026) $ | New | 0.74% | 0.00% | +0.74 pts | +20,00,000 |
| 7.06% GOI 2028 (10-Apr-2028) $ | Sold out | – | 0.74% | −0.74 pts | −20,00,000 |
| Hindustan Aeronautics | Sold out | – | 0.68% | −0.68 pts | −40,000 |
| 0.00% REC Ltd (03-Nov-2034) | Trimmed | 0.19% | 0.86% | −0.67 pts | −3,265 |
| Astral | Added | 1.02% | 0.39% | +0.63 pts | +1,28,321 |
| CESC | Sold out | – | 0.61% | −0.61 pts | −11,84,120 |
| Bharti Airtel | Trimmed | 3.04% | 3.59% | −0.55 pts | −95,000 |
| HDFC Bank | Trimmed | 3.39% | 3.78% | −0.39 pts | −2,20,000 |
| Reliance Industries | Trimmed | 1.83% | 2.19% | −0.36 pts | −70,000 |
| 360 ONE WAM | Added | 0.96% | 0.62% | +0.33 pts | +1,00,000 |
| 7.02% Punjab SDL (01-Jul-2030) | Trimmed | 1.10% | 1.42% | −0.32 pts | −10,40,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 2 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00% Jubilant Bevco Ltd (31-May-2028) | 4.45% | 4.42% | 4.43% | 4.49% | 4.52% | 4.85% | 4.65% | 4.67% | 4.69% | 4.67% | 4.71% | 4.98% |
 HDFC Bank | 6.76% | 6.81% | 6.80%Added | 6.62%Added | 6.52%Added | 5.85%Added | 5.89% | 5.73% | 5.15%Cut | 4.80% | 3.78%Cut | 3.39%Cut |
 ICICI Bank | 5.40% | 4.79%Cut | 4.34%Cut | 4.53%Added | 4.70%Added | 4.85%Added | 4.85% | 4.85% | 4.82%Cut | 3.85%Cut | 3.64%Cut | 3.33%Cut |
| 0.00% Jubilant Beverages Ltd (31-May-2028) | 2.92% | 2.89% | 2.57%Cut | 2.60% | 2.61% | 3.01%Added | 2.88% | 2.91% | 2.92% | 2.91% | 2.93% | 3.09% |
 Bharti Airtel | 4.62% | 4.67% | 4.66% | 4.52%Added | 4.10%Cut | 4.34%Added | 4.39% | 4.29% | 3.84%Cut | 3.90%Cut | 3.59% | 3.04%Cut |
 Axis Bank | 2.08%Cut | 2.14% | 2.11% | 2.36%Added | 2.90%Added | 2.92%Added | 3.05% | 3.11% | 3.08%Cut | 2.80% | 2.65%Cut | 2.62% |
 Larsen & Toubro | 3.21%Cut | 3.20% | 3.20% | 3.22%Added | 3.49% | 2.89%Cut | 3.16% | 3.23% | 3.17%Cut | 2.51%Cut | 2.58% | 2.52% |
 State Bank of India | 1.86%Added | 2.19%Added | 2.47%Added | 2.74% | 3.34%Added | 3.01%Added | 3.14% | 2.89%Added | 2.99%Cut | 2.98% | 2.63%Cut | 2.50% |
 Mahindra & Mahindra | 1.10% | 1.18% | 1.35%Added | 1.32%Added | 1.35%Added | 1.60%Added | 1.61% | 1.59% | 1.76%Added | 1.94% | 2.21%Added | 2.09% |
| 7.25% RJ Corp Ltd (08-Dec-2028) | – | – | 1.86%Bought | 1.88% | 1.89% | 2.02% | 1.94% | 1.96% | 1.96% | 1.96% | 1.97% | 2.07% |
 UltraTech Cement | 1.72% | 1.65% | 1.67% | 2.05%Added | 2.04% | 2.02%Added | 2.08% | 2.07% | 2.00% | 2.10% | 2.03% | 2.04% |
 Eternal | 1.69%Added | 1.58% | 1.46% | 1.57%Added | 1.40% | 1.64%Added | 1.69% | 1.73% | 1.79% | 2.04% | 1.97%Cut | 2.01% |
 Bharat Electronics | 1.17%Cut | 1.12% | 1.08% | 1.23% | 1.21% | 1.17% | 1.21% | 1.16% | 1.14% | 1.20%Added | 1.81%Added | 1.95%Added |
| 7.65% Poonawalla Fincorp Ltd (21-Apr-2027) | 1.83% | 1.82% | 1.83% | 1.86% | 1.86% | 2.01% | 1.80% | 1.81% | 1.80% | 1.80% | 1.81% | 1.92% |
| 7.87% Summit Digitel Infrastructure Ltd (15-Mar-2030) | 1.82% | 1.81% | 1.81% | 1.79% | 1.80% | 1.92% | 1.81% | 1.83% | 1.84% | 1.79% | 1.80% | 1.89% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 251.0% in Apr 2026
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Dynamic Asset Allocation or Balanced Advantage funds (30 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.8.29%
6.92%Lowest9.61%Average16.41%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.5.13%
3.75%Lowest6.01%Average10.75%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.37
−0.17Lowest0.33Average0.57Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.53
−0.21Lowest0.48Average0.85Highest
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 and 3 years and since Sep 2022 | −8.10% | 2 Jan 2026 | 30 Mar 2026 | 3 Aug 2026 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Mar 2025 to Aug 202618 months | Very High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Nov 2024 to Feb 20254 months | High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Aug 2023 to Oct 202415 months | Very High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Franklin India Balanced Advantage Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Rajasa KakulavarapuEquity | Sep 2022 | +10.23%a year | – | – | – | – | 12 | ₹40,092 Cr |
| Venkatesh SanjeeviEquity | Oct 2024 | +1.83%a year | – | – | 14.7% | 20.6% | 8 | ₹26,923 Cr |
| Chandni GuptaDebt | Mar 2024 | +5.35%a year | – | – | 32.0% | 9.8% | 12 | ₹18,589 Cr |
| Anuj TagraDebt | Mar 2024 | +5.35%a year | – | – | 32.0% | 9.8% | 13 | ₹13,367 Cr |
| Rahul GoswamiDebt | Nov 2023 | +8.87%a year | – | – | 5.9% | 27.6% | 9 | ₹9,346 Cr |
| Sandeep ManamDedicated Fund Manager for overseas investments | Sep 2022 | +10.23%a year | – | – | – | – | 22 | ₹1,05,709 Cr₹6,185 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Franklin India Flexi Cap FundRajasa Kakulavarapu | Dec 2023 | +8.50%a year | +8.47% | +0.04 pts | ₹18,188 Cr |
| Franklin India ELSS Tax Saver FundRajasa Kakulavarapu | Dec 2023 | +8.15%a year | +8.47% | −0.32 pts | ₹5,839 Cr |
| Franklin India Multi Asset Allocation FundRajasa Kakulavarapu | – | – | – | ₹2,767 Cr | |
| Franklin India Aggressive Hybrid FundRajasa Kakulavarapu | Jun 2021 | +9.76%a year | – | – | ₹2,264 Cr |
| Franklin India Dividend Yield FundRajasa Kakulavarapu | Sep 2021 | +11.93%a year | +9.40% | +2.53 pts | ₹2,179 Cr |
| Franklin India Arbitrage FundRajasa Kakulavarapu | – | – | – | ₹1,921 Cr | |
| Templeton India Value FundRajasa Kakulavarapu | Sep 2021 | +12.88%a year | +9.40% | +3.49 pts | ₹1,807 Cr |
| Franklin India Dynamic Asset Allocation Active Fund of FundsRajasa Kakulavarapu | Feb 2022 | +9.92%a year | – | – | ₹1,192 Cr |
| Franklin India Equity Savings FundRajasa Kakulavarapu | Sep 2021 | +7.16%a year | – | – | ₹560 Cr |
| Franklin India Retirement FundRajasa Kakulavarapu | Sep 2021 | +6.79%a year | – | – | ₹479 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Axis Balanced Advantage FundAxis Mutual Fund | 31.89% | 31 |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 31.17% | 31 |
| Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund | 30.75% | 19 |
| Nippon India Balanced Advantage FundNippon India Mutual Fund | 29.35% | 22 |
| Edelweiss Balanced Advantage FundEdelweiss Mutual Fund | 28.91% | 24 |
| UTI Balanced Advantage FundUTI Mutual Fund | 28.83% | 18 |
| Shriram Balanced Advantage FundShriram Mutual Fund | 27.74% | 19 |
| Union Balanced Advantage FundUnion Mutual Fund | 27.64% | 20 |
| HDFC Balanced Advantage FundHDFC Mutual Fund | 27.57% | 23 |
| Bandhan Balanced Advantage FundBandhan Mutual Fund | 27.50% | 23 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Franklin India Aggressive Hybrid FundFranklin Templeton Mutual Fund | 86.40% |
| Franklin India Multi Asset Allocation FundFranklin Templeton Mutual Fund | 39.51% |
| Franklin India Equity Savings FundFranklin Templeton Mutual Fund | 34.62% |
| Franklin India Conservative Hybrid FundFranklin Templeton Mutual Fund | 26.99% |
| Franklin India Arbitrage FundFranklin Templeton Mutual Fund | 25.16% |
As the fund house states it, for Sep 2026.
Franklin India Balanced Advantage Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹0.85 a unit, Sep 2026.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 25 Sep 2026 | ₹0.85 | 6.26% | ₹13.5813 | ₹12.5969 |
| 19 Sep 2025 | ₹0.85 | 5.88% | ₹14.4503 | ₹13.5737 |
| 23 Sep 2024 | ₹0.75 | 5.12% | ₹14.6395 | ₹13.8651 |
All 3 payouts since 23 Sep 2024.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
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.
Asset allocation
- Equities and Equity related Securities (Including Overseas Securities: 0% - 100%
- Debt & Money Market Instruments (including overseas securities) including cash & cash equivalent: 0% - 100%
- Cash or cash equivalents with residual maturity of less than 91 days may be treated as not creating any exposure. SEBI vide letter dated November 3, 2021 has clarified that Cash Equivalent shall consist of Government Securities, T-Bills and Repo on Government Securities.
Type of scheme
An open ended dynamic asset allocation fund investing in debt and equity instruments only
- Stated category
- Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage Fund
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY 50 Hybrid Composite Debt 50:50 Index
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very High
- New fund offer
- 16 Aug 2022 to 30 Aug 2022
- Units first allotted
- 6 Sep 2022
- Open for sale again
- 8 Sep 2022
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 150481 | INF090I01WQ5 | FRAN_INDI_BALA_1XYGARR | 6 Sep 2022 | |
| Regular Growth | 150480 | INF090I01WN2 | FRAN_INDI_BALA_RT6F1M | 6 Sep 2022 | |
| Direct IDCW | 150479 | INF090I01WR3 | INF090I01WS1 | FRAN_INDI_BALA_STT0ZD | 6 Sep 2022 |
| Regular IDCW | 150478 | INF090I01WO0 | INF090I01WP7 | FRAN_INDI_BALA_1HVE9X1 | 6 Sep 2022 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet as on September 30, 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Sep 2026
Statement of additional information
- SAI Franklin Templeton Mutual Fund (opens in a new tab)Franklin Templeton Mutual Fund, Oct 2026
Annual report
- Franklin India Banking & PSU Debt Fund Abridged Annual Report 2025 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
- Franklin India Corporate Debt Fund Abridged Annual Report 2025 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
- Franklin India Focused Equity Fund Abridged Annual Report 2025 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
- Franklin India Equity Savings Fund Abridged Annual Report 2025 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
Riskometer disclosure
- Number of changes in Risk-o-meter during the FY 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - September 30, 2026 (opens in a new tab)Franklin Templeton Mutual Fund, Sep 2026