March 21, 2024
mayank
Franklin India Multi Asset Solution Fund of Funds details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 19.1961
NAV IDCW: Rs 19.1961
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Read this article to know why. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds-aggressive hybrid, balanced hybrid and conservative hybrid-which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The fund seeks to achieve capital appreciation and diversification through a mix of strategic and tactical allocation to various asset classes such as equity, debt and gold by investing in funds investing in these asset classes.
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 | 1% for redemption Within 1095 days |
Basic Details
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 28-Nov-14 |
| Return Since Launch | 7.25% |
| Benchmark | NIFTY 500 TRI (40), NIFTY Short Duration Index (40), Domestic Price of Gold (20) |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 51 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.46% |
| (As on 29-Feb-2024) | |
| Risk Grade | Below Average |
| Return Grade | Below Average |
| Turnover | — |
Trailing Returns (%) of Franklin India Multi Asset Solution Fund of Funds
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Multi Asset Solution FoF Dir | 2.00 | 0.15 | 0.97 | 3.73 | 7.89 | 17.59 | 14.54 | 7.74 | 7.20 | — |
| VR Balanced TRI | 0.75 | -0.97 | -0.84 | 1.93 | 8.21 | 26.11 | 14.00 | 13.68 | 13.31 | — |
| Hybrid: Multi Asset Allocation | 2.53 | 0.13 | -0.68 | 4.75 | 10.62 | 26.65 | 15.35 | 14.41 | 10.60 | — |
| Rank within category | 18 | 14 | 4 | 19 | 22 | 22 | 10 | 12 | 8 | — |
| Number of funds in category | 30 | 37 | 33 | 30 | 28 | 25 | 19 | 12 | 8 | 6 |
Peer Comparison of Franklin India Multi Asset Solution 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 Multi Asset Solution FoF Dir | 2 star | 17.59 | 14.54 | 7.74 | 0.46 | 51 | 7.25 | 1.00 (1095) | 9Y 3M | 61.84 |
| ICICI Pru Asset Allocator (FOF) Dir | 5 star | 22.36 | 15.11 | 14.75 | 0.10 | 21,437 | 12.72 | 1.00 (365) | 11Y 2M | 6.00 |
| HDFC Asset Allocator FoF Dir | Unrated | 26.02 | — | — | 0.13 | 2,960 | 17.08 | 1.00 (365) | 2Y 10M | — |
| Kotak Multi Asset Allocator FoF- Dynamic Dir | Unrated | 31.77 | 20.29 | 20.08 | 0.30 | 1,333 | 15.96 | 1.00 (365) | 11Y 2M | 20.82 |
| ICICI Pru Passive Multi-Asset FoF Dir | Unrated | 20.33 | — | — | 0.22 | 1,055 | 11.92 | 1.00 (365) | 2Y 2M | — |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,13,882 | 1,94,260 |
| Giant (%) | 68.69 | 52.93 |
| Large (%) | 25.07 | 20.68 |
| Mid (%) | 6.24 | 19.79 |
| Small (%) | — | 7.66 |
| Tiny (%) | — | 0.13 |
| Fund | Category | |
| Number of Securities | 7 | 60 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
How to Invest in Franklin India Multi Asset Solution Fund of Funds?
Chanakya’s Mutual Fund Guidance For Franklin India Multi Asset Solution Fund of Funds
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