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: 3/5 — ranked #13 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹13.95 (as of 2026-10-01) |
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| AUM | ₹2,823 Cr |
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| Expense ratio | 1.69% |
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| Riskometer | Very High |
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| Fund manager | Anuj Tagra |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| Sharpe ratio | 0.45 |
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| Standard deviation | 7.95% |
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| Max drawdown | −8.48% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 102.8% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 82.8% of its downside.
Market cap allocation
| Large cap | 59.9% |
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| Mid cap | 15.8% |
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| Small cap | 24.4% |
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Concentration
| Top 5 holdings | 16.3% |
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| Top 10 holdings | 27.3% |
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| Total holdings | 60 |
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Top holdings
- Net Receivable / Payable — 7.5%
- 0.00% Jubilant Bevco Ltd (31-May-2028) — 4.7%
- HDFC Bank Ltd. — 3.8%
- ICICI Bank Ltd. — 3.6%
- Bharti Airtel Ltd. — 3.6%
- 0.00% Jubilant Beverages Ltd (31-May-2028) — 2.9%
- AXIS Bank Ltd. — 2.7%
- State Bank Of India — 2.6%
- Larsen & Toubro Limited — 2.6%
- Mahindra & Mahindra Ltd. — 2.2%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −4.4% | Q3 | #23 of 35 |
| 2025 | 4.2% | Q3 | #25 of 34 |
| 2024 | 15.4% | Q1 (Top) | #7 of 30 |
| 2023 | 19.0% | Q2 | #10 of 26 |