Franklin India Balanced Advantage Fund
Franklin Templeton Mutual Fund · Balanced Advantage · Direct plan, growth option
NAV (₹), 1 Oct 2026
14.8846
1-day change
-0.80%
1Y return
-1.3%
3Y CAGR
8.7%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 6 Sep 2022 to 1 Oct 2026
Returns vs Balanced Advantage median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.7% | -3.7% |
| 3 months | -3.0% | -2.4% |
| 6 months | 3.5% | 4.5% |
| Year to date | -3.4% | -2.4% |
| 1 year | -1.3% | 0.4% |
| 3 years (CAGR) | 8.7% | 8.8% |
| 5 years (CAGR) | n/a | 8.4% |
| 7 years (CAGR) | n/a | 10.7% |
| 10 years (CAGR) | n/a | 9.7% |
| Since first NAV (CAGR) | 10.3% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.6% | 9.0% |
| 3Y rolling median | 13.7% | 12.6% |
| 3Y rolling worst | 8.7% | 6.7% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 11.7% |
| 5Y rolling worst | n/a | 4.0% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 8.2% | 9.2% |
| Sharpe ratio | 0.34 | 0.35 |
| Sortino ratio | 0.48 | 0.50 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −8.1% | −15.3% |
| Maximum drawdown, last 10Y | n/a | −25.9% |
| Maximum drawdown, last 5Y | n/a | −9.9% |
| Current drawdown | −4.6% | −5.2% |
| Recovery time of worst fall | 126 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
22,421.95 −0.88%
NSE close, 1 Oct 2026
- P/E 19.2: higher than 0% of days since 2020 (median 22.4)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.22% a year and the Direct plan's 0.80%, a gap of 1.42%; over the last 3 years the Direct plan returned 1.62 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹32,50,641.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 0.81% to 0.80% (AMFI TER disclosure)
- 29 Sep 2026: TER reduced from 0.82% to 0.81% (AMFI TER disclosure)
- 24 Sep 2026: TER increased from 0.81% to 0.82% (AMFI TER disclosure)
- 18 Sep 2026: TER reduced from 0.82% to 0.81% (AMFI TER disclosure)
- 12 Sep 2026: TER increased from 0.81% to 0.82% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Equity | 6 Sep 2022 | |
| amp | 4 Oct 2024 | |
| Venkatesh Sanjeevi Debt | 4 Oct 2024 | |
| Anuj Tagra | 7 Mar 2024 | |
| Rahul Goswami | 10 Nov 2023 | |
| Sandeep Manam | 6 Sep 2022 |
Objective: The Scheme intends 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. There can be no assurance that the investment objective of the scheme will be realized.
Stated asset allocation: Equities and Equity related Securities (Including Overseas Securities: 0% - 100%Debt & Money Market Instruments (including overseas securities) including cash & cash equivalent: 0% - 100% Cash or cash equivalents with residual maturity of less than 91 days may be treated as not creating any exposure. SEBI vide letter dated November 3, 2021 has clarified that Cash Equivalent shall consist of Government Securities, T-Bills and Repo on Government Securities.
Benchmark (tier 1): NIFTY 50 Hybrid Composite Debt 50:50 Index
Exit load: In respect of each purchase of Units • Upto 10% of the Units may be redeemed without any exit load within 1 year from the date of allotment*. • Any redemption in excess of the above limit shall be subject to the following exit load: o 1.00% - if redeemed on or before 1 year from the date of allotment o Nil - if redeemed after 1 year from the date of allotment * This condition is applicable on a yearly basis. In case of multiple transactions, Units will be redeemed on First In First Out (FIFO) basis the date of allotment of such units. If the limit is not availed during a year, it shall not be…
Minimum application: Rs.5000
Allotment date: 6 Sep 2022
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.80% | 1.04% |
| AUM, whole scheme (₹ crore) | 2,687 | 2,109 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -0.1% | -2.7% TRI |
| Return, 3 years (AMFI) | 9.0% | 6.0% TRI |
| Month-ends above category median (3Y CAGR) | 92% | 44% median |
| Month-ends in category top quartile (3Y) | 38% | 16% median |
Official benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Balanced Advantage Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -3.4% | n/a | – |
| 2025 | 5.8% | n/a | – |
| 2024 | 17.1% | n/a | – |
| 2023 | 21.2% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,17,563 | -3.7% |
| 3 years | ₹3,60,000 | ₹3,78,507 | 3.3% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Balanced Advantage
Plan / option: Direct · Growth
AMFI scheme code: 150481
ISIN: INF090I01WQ5
First NAV in MFIC data: 6 Sep 2022
History: 4.1 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Franklin India Aggressive Hybrid Fund | Aggressive Hybrid | 0.99 | 8.6% |
| Canara Robeco Balanced Advantage Fund | Balanced Advantage | 0.98 | n/a |
| Mahindra Manulife Balanced Advantage Fund | Balanced Advantage | 0.98 | 10.0% |
| Union Equity Savings Fund | Equity Savings | 0.97 | 6.5% |
| Franklin India Conservative Hybrid Fund | Conservative Hybrid | 0.97 | 7.4% |
| Nippon India Aggressive Hybrid Fund (Existing Number of Segregated Portfolios - 2) | Aggressive Hybrid | 0.97 | 9.4% |
Questions about Franklin India Balanced Advantage Fund
- What is the latest NAV of Franklin India Balanced Advantage Fund?
- The NAV of the Direct plan (growth option) was ₹14.8846 on 1 Oct 2026, as published by AMFI.
- Which category is Franklin India Balanced Advantage Fund in?
- It is classified as Balanced Advantage in AMFI's daily NAV file; a Balanced Advantage scheme changes its equity and debt mix dynamically. MFIC compares it with 37 Balanced Advantage schemes (Direct plans).
- What returns has Franklin India Balanced Advantage Fund delivered?
- Over one year the NAV changed by -1.3%. The 3-year CAGR is 8.7% (category median 8.8%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 13.7%, the lowest was 8.7%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Franklin India Balanced Advantage Fund's NAV?
- The largest peak-to-trough fall in its available history was 8.1%.
- How volatile is Franklin India Balanced Advantage Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 8.2%, which is below the Balanced Advantage category median of 9.2%.
- What would a monthly SIP in Franklin India Balanced Advantage Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,78,507 on 1 Oct 2026, an annualised return (XIRR) of 3.3%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Franklin India Balanced Advantage Fund?
- The total expense ratio of the Direct plan is 0.80% a year, as disclosed to AMFI (median of Balanced Advantage Direct plans: 1.04%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Franklin India Balanced Advantage Fund?
- Assets under management of the whole scheme were ₹2,687 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Franklin India Balanced Advantage Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Franklin India Balanced Advantage Fund and how has it compared?
- Its official benchmark is the NIFTY 50 Hybrid Composite Debt 50:50 Index. Over 3 years AMFI reports a return of 9.0% for this plan against 6.0% for the benchmark total return index. Past performance does not indicate future results.
- How often has Franklin India Balanced Advantage Fund beaten its category?
- At 92% of the 13 month-ends compared over the last 10 years, its 3-year return was above the median of Balanced Advantage schemes (Direct plans); it was in the top quarter at 38% of them. A typical scheme would show about 50%.
- Who manages Franklin India Balanced Advantage Fund?
- According to its Scheme Summary Document, Franklin India Balanced Advantage Fund is managed by Equity (since 6 Sep 2022), amp (since 4 Oct 2024), Venkatesh Sanjeevi Debt (since 4 Oct 2024), Anuj Tagra (since 7 Mar 2024), Rahul Goswami (since 10 Nov 2023), Sandeep Manam (since 6 Sep 2022).
- What is the exit load of Franklin India Balanced Advantage Fund?
- As stated in its scheme documents: In respect of each purchase of Units • Upto 10% of the Units may be redeemed without any exit load within 1 year from the date of allotment*. • Any redemption in excess of the above limit shall be subject to the following exit load: o 1.00% - if redeemed on or before 1 year from the date of allotment o Nil - if redeemed after 1 year from the date of allotment * This condition is applicable on a yearly basis. In case of multiple transactions, Units will be redeemed on First In First Out (FIFO) basis the date of allotment of such units. If the limit is not availed during a year, it shall not be… Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Franklin India Balanced Advantage Fund?
- The minimum application amount is Rs.5000. SIP details: SIP: Daily : 100; Weekly, Monthly & Quarterly : 500 STP: Daily: 500 * 2 = 1000; Weekly, Monthly & Quarterly : 1000 * 2 = 2000 SWP: 500 * 1.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -1.3% and the Regular plan's by -2.6%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.