3 Year return

0
Launched on August 2022 (2 years)

Investment Details

₹500

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1912.01 Cr.

Expense Ratio

0.43% (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.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Franklin Templeton Mutual Fund Managers

RK

Rajasa Kakulavarapu

Fund Manager since Aug 2022

View Details

Fund House Details

Franklin Templeton Mutual Fund

Franklin Templeton Mutual Fund Asset management company

AUM ₹89,242.94 Cr.
No. of Schemes 102
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Franklin Templeton Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Equity . Sectoral / Thematic

Franklin Build India Fund Direct Growth

37.14%
37.13%
scheme logo

Equity . Sectoral / Thematic

Franklin Asian Equity Fund Direct Growth

-4.48%
-4.49%

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 0.43%
Fund Manager Rajasa Kakulavarapu
Fund Size ₹1912.01 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
Email 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

What is today's NAV of Franklin India Balanced Advantage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Franklin India Balanced Advantage Fund Jun 18 2024 is 13.8352

What is the AUM of Franklin India Balanced Advantage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Franklin India Balanced Advantage Fund is 1912.01 crore.

What is the expense ratio of Franklin India Balanced Advantage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Franklin India Balanced Advantage Fund is 0.43%

What are the returns of Franklin India Balanced Advantage Fund since inception?

The Franklin India Balanced Advantage Fund was launched on Aug 16 2022. The fund has delivered a CAGR of 19.92 since inception.

What is the minimum SIP amount to invest in Franklin India Balanced Advantage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Franklin India Balanced Advantage Fund is 500.

How do I invest in Franklin India Balanced Advantage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Franklin India Balanced Advantage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Franklin India Balanced Advantage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Franklin India Balanced Advantage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.