March 20, 2024
mayank
Franklin India Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 12.7428
NAV IDCW: Rs 12.7428
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Anuj Tagra
Education: Mr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management Studies
Experience: Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential AMC, Union Bank of India and Fidelity Investments.
2) Chandni Gupta
Education: She holds B.E. degree in IT and CFA degree from CFA Institute, USA.
Experience: Prior to joining Franklin India Mutual Fund, she has worked with ICICI Prudential Asset Management Company Limited Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.
3) Aarun Sharma
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.
4) Rajasa Kakulavarapu
Education: Ms. Kakulavarapu has done B.Tech and MBA.
Experience: Prior to joining Franklin Templeton Mutual Fund, she has worked with Jefferies India Pvt. Ltd. and Credit Suisse Securities (India) Pvt. Ltd.
5) Rahul Goswami
Education: Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)
Experience: Prior to joining Franklin Templeton Mutual Fund, he has worked with ICICI Prudential AMC , UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 06-Sep-22 |
| Return Since Launch | 17.11% |
| Benchmark | NIFTY 50 Hybrid Composite debt 50:50 Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,694 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.60% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 303.45% |
Trailing Returns (%) of Franklin India Balanced Advantage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Balanced Advantage Dir | 2.53 | -0.51 | -1.21 | 3.47 | 9.66 | 25.96 | — | — | — | — |
| VR Balanced TRI | 0.75 | -0.97 | -0.84 | 1.93 | 8.21 | 26.11 | — | — | — | — |
| Hybrid: Dynamic Asset Allocation | 2.12 | -0.57 | -1.29 | 2.97 | 9.37 | 24.66 | — | — | — | — |
| Rank within category | 11 | 13 | 19 | 11 | 13 | 12 | — | — | — | — |
| Number of funds in category | 34 | 36 | 35 | 34 | 33 | 31 | 24 | 20 | 13 | 7 |
Peer Comparison of Franklin India Balanced Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Franklin India Balanced Advantage Dir | Unrated | 25.96 | — | — | 0.60 | 1,694 | 17.11 | 0.60 | 1Y 6M | 303.45 |
| HDFC Balanced Advantage Dir | 5 star | 37.50 | 23.38 | 17.95 | 0.75 | 78,759 | 16.02 | 0.75 | 11Y 2M | 14.73 |
| ICICI Pru Balanced Advantage Dir | 4 star | 22.09 | 13.32 | 13.12 | 0.84 | 55,229 | 13.22 | 0.84 | 11Y 2M | 27.00 |
| Edelweiss Balanced Advantage Dir | 4 star | 24.77 | 13.64 | 15.28 | 0.53 | 10,623 | 12.97 | 0.53 | 11Y 2M | 73.00 |
| Tata Balanced Advantage Dir | 4 star | 23.57 | 13.89 | 14.45 | 0.30 | 8,730 | 14.48 | 0.30 | 5Y 1M | 41.76 |
Portfolio Analysis of Franklin India Balanced Advantage Fund
| No. of Stocks | 45 |
| Top 10 Holdings | 37.29% |
| Top 5 Stocks | 25.51% |
| Top 3 Sectors | 25.66% |
| Portfolio P/B Ratio | 3.64 |
| Portfolio P/E Ratio | 25.46 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,82,903 | 2,14,226 |
| Giant (%) | 61.28 | 59.10 |
| Large (%) | 16.81 | 19.28 |
| Mid (%) | 15.63 | 17.13 |
| Small (%) | 6.28 | 5.04 |
| Tiny (%) | — | 0.06 |
| Fund | Category | |
| Number of Securities | 54 | 111 |
| Macaulay Duration (yrs) | 1.25 | 2.86 |
| Average Maturity (yrs) | 1.44 | 4.04 |
| Yield to Maturity (%) | 7.07 | 7.39 |
| Avg Credit Rating | GOI/Cash | — |
How to Invest in Franklin India Balanced Advantage Fund?
Chanakya’s Mutual Fund Guidance For Franklin India Balanced Advantage Fund
Do not invest in this, or any other dynamic asset allocation fund, if you need to redeem your investment in less than five years.
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Quicklinks
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Pl advice cane we invest? Isanti to invest 3 L and SIP 5000 can I invest or to invest in other fund. If so suggest fund
Franklin advantage balance fund ma investment kray? If yes 2 L IS ADVISABLE AND SIP RS 5000 OR TO INVEST IN OTHER FUND RASHMI SHAH