March 20, 2024
mayank
Franklin India Dynamic Asset Allocation Fund of Funds details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 160.4740
NAV IDCW: Rs 49.1524
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 intends to generate long-term capital appreciation and income generation by investing in a dynamically managed portfolio of equity and debt mutual funds. The equity allocation [i.e. the allocation to the equity fund(s)] will be determined based on qualitative and quantitative parameters. There can be no assurance that the investment objective of the scheme will be realized.
Fund Manager:
1) 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.
2) Varun 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.
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) | 1,000 |
| 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 | 01-Jan-13 |
| Return Since Launch | 11.77% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 1,302 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.54% |
| (As on 29-Feb-2024) | |
| Risk Grade | Average |
| Return Grade | Above Average |
| Turnover | — |
Trailing Returns (%) of Franklin India Dynamic Asset Allocation Fund of Funds
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Dynamic Asset Allocation FoF Dir | 2.00 | -0.52 | -0.60 | 2.83 | 8.52 | 27.44 | 19.87 | 12.54 | 11.65 | 12.54 |
| VR Balanced TRI | 0.75 | -0.97 | -0.84 | 1.93 | 8.21 | 26.11 | 14.00 | 13.68 | 13.31 | 13.07 |
| Hybrid: Dynamic Asset Allocation | 2.12 | -0.57 | -1.29 | 2.97 | 9.37 | 24.66 | 13.12 | 12.54 | 10.72 | 12.00 |
| Rank within category | 17 | 15 | 8 | 19 | 19 | 7 | 2 | 9 | 4 | 4 |
| Number of funds in category | 34 | 36 | 35 | 34 | 33 | 31 | 24 | 20 | 13 | 7 |
Peer Comparison of Franklin India Dynamic Asset Allocation Fund of Funds
| 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 Dynamic Asset Allocation FoF Dir | 4 star | 27.44 | 19.87 | 12.54 | 0.54 | 1,302 | 11.77 | 1.00 (365) | 11Y 2M | 45.24 |
| HDFC Balanced Advantage Dir | 5 star | 37.50 | 23.38 | 17.95 | 0.75 | 78,759 | 16.02 | 1.00 (365) | 11Y 2M | 14.73 |
| ICICI Pru Balanced Advantage Dir | 4 star | 22.09 | 13.32 | 13.12 | 0.84 | 55,229 | 13.22 | 1.00 (365) | 11Y 2M | 27.00 |
| Edelweiss Balanced Advantage Dir | 4 star | 24.77 | 13.64 | 15.28 | 0.53 | 10,623 | 12.97 | 1.00 (90) | 11Y 2M | 73.00 |
| Tata Balanced Advantage Dir | 4 star | 23.57 | 13.89 | 14.45 | 0.30 | 8,730 | 14.48 | 1.00 (90) | 5Y 1M | 41.76 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,08,678 | 2,14,226 |
| Giant (%) | 62.98 | 59.10 |
| Large (%) | 15.78 | 19.28 |
| Mid (%) | 18.45 | 17.13 |
| Small (%) | 2.78 | 5.04 |
| Tiny (%) | — | 0.06 |
| Fund | Category | |
| Number of Securities | 6 | 110 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
How to Invest in Franklin India Dynamic Asset Allocation Fund of Funds?
Chanakya’s Mutual Fund Guidance For Franklin India Dynamic Asset Allocation Fund of Funds
Do not invest in this, or any other dynamic asset allocation fund, if you need to redeem your investment in less than five years.
Apply Online: https://accounts.franklintempletonindia.com/ngGuest/#/transactnowlogin
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks