3 Year return
0Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹2261.78 Cr.
Expense Ratio
0.42% (inclusive of GST)
Exit Load
Upto 10% of the units may be redeemed without any exit load within 1 year from the date of allotment. 1.00% - If redeemed on or before limit shall be 1 year from the date of allotment Nil - If redeemed after 1 year from the date of allotment.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Franklin Templeton Mutual Fund Managers
RK
Rajasa Kakulavarapu
Fund Manager since Aug 2022
Fund House Details
Franklin Templeton Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HDFC Balanced Advantage Fund |
23.48% |
4 |
Baroda BNP Paribas Balanced Advantage Fund |
15.68% |
3 |
Edelweiss Balanced Advantage Fund |
14.55% |
5 |
Schemes by Franklin Templeton Mutual Fund
List of mutual fund schemes by AMC
Equity . Sectoral / Thematic
Franklin Build India Fund Direct Growth
Equity . Sectoral / Thematic
Franklin Build India Fund Direct IDCW Payout
Equity . Sectoral / Thematic
Franklin Asian Equity Fund Direct Growth
Equity . Sectoral / Thematic
Franklin Asian Equity Fund Direct IDCW Payout
Equity . Sectoral / Thematic
Franklin Asian Equity Fund Direct IDCW Reinvestment
About Franklin India Balanced Advantage Fund Growth Direct
The Franklin India Balanced Advantage Fund Growth Direct is an open-ended hybrid mutual fund brought to you by Franklin Templeton Mutual Fund. The fund falls under the category of balanced advantage or hybrid funds and aims to offer investors income creation and long-term capital appreciation by the dynamic allocation of wealth between debt and equity instruments.
Investment Objective of the Scheme
The predominant investment objective of the Franklin India Balanced Advantage Fund Growth Direct plan is to create income and long-term capital appreciation by the dynamic method of asset allocation between debt and equity. A flexible strategy in investment follows the approach of investing in growth stocks which may pose some risk and investment in fixed instruments like money market securities that are low in risk. In this manner, investors can take advantage of market highs, and be sure of safety with debt instruments during market lows.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.42% |
Fund Manager | Rajasa Kakulavarapu |
Fund Size | ₹2261.78 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
Before you invest in any scheme, a careful evaluation of your own plans and goals needs to be conducted so that investment mirrors your unique financial goals. You may consider the Franklin India Balanced Advantage Fund Growth Direct fund if you are looking for growth through equity and simultaneously want to play it safe with debt securities. Investors with a moderate to high level of risk may consider this fund.
AMC Contact Details
Name | Franklin Templeton Mutual Fund |
Launch Date | October 1995 |
Addresss | One International Centre, Tower 2, 12th & 13th Floor, Senapati Bapat Marg, Elphinstone (West) Mumbai-400013. |
Contact | 1800 258 4255 1800 425 4255 |
service@franklintempleton.com | |
Website | https://www.franklintempletonindia.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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What is the minimum SIP amount to invest in Franklin India Balanced Advantage Fund?
How do I invest in Franklin India Balanced Advantage Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Franklin India Balanced Advantage Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Franklin India Balanced Advantage Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Franklin India Balanced Advantage Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.