Franklin India Balanced Advantage Fund
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.
Growthvine rating: 4/5 — ranked #8 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
|---|
| NAV | ₹14.61 (as of 2026-08-21) |
|---|
| AUM | ₹2,819 Cr |
|---|
| Expense ratio | 1.68% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Anuj Tagra |
|---|
| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
|---|
Performance & risk
| Sharpe ratio | 0.45 |
|---|
| Standard deviation | 7.95% |
|---|
| Max drawdown | -8.48% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 102.8% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 85.0% of its downside.
Market cap allocation
| Large cap | 69.3% |
|---|
| Mid cap | 11.7% |
|---|
| Small cap | 19.0% |
|---|
Concentration
| Top 5 holdings | 18.5% |
|---|
| Top 10 holdings | 29.9% |
|---|
| Total holdings | 62 |
|---|
Top holdings
- Net Receivable / Payable — 9.4%
- HDFC Bank Ltd. — 4.8%
- 0.00% Jubilant Bevco Ltd (31-May-2028) — 4.7%
- Bharti Airtel Ltd. — 3.9%
- ICICI Bank Ltd. — 3.8%
- State Bank Of India — 3.0%
- Reliance Industries Ltd — 2.9%
- 0.00% Jubilant Beverages Ltd (31-May-2028) — 2.9%
- AXIS Bank Ltd. — 2.8%
- Larsen & Toubro Limited — 2.5%
Top sectors
- Banking & Financial — 17.2%
- Automobile — 5.0%
- Construction — 4.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 0.2% | Q3 | #22 of 35 |
| 2025 | 4.2% | Q3 | #25 of 34 |
| 2024 | 15.4% | Q1 (Top) | #7 of 30 |
| 2023 | 19.0% | Q2 | #10 of 26 |