Franklin India Dynamic Asset Allocation Active Fund of Funds
Franklin Templeton Mutual Fund · Domestic FoF · Direct plan, growth option
NAV (₹), 1 Oct 2026
183.3923
1-day change
-0.54%
1Y return
-1.5%
3Y CAGR
7.7%
5Y CAGR
9.5%
Max drawdown, 5Y
−7.7%
NAV history month-end NAV, ₹ · 1 Jan 2013 to 1 Oct 2026
Returns vs Domestic FoF median (154 schemes) and “Multi-asset / allocation FoF” median (28)
| Period | Scheme | Category median | Multi-asset / allocation FoF median |
|---|---|---|---|
| 1 month | -3.9% | -3.7% | -3.8% |
| 3 months | -3.2% | -0.9% | -1.3% |
| 6 months | 3.7% | 3.1% | 5.0% |
| Year to date | -3.7% | 2.0% | -0.6% |
| 1 year | -1.5% | 5.4% | 4.5% |
| 3 years (CAGR) | 7.7% | 12.5% | 11.9% |
| 5 years (CAGR) | 9.5% | 10.2% | 10.2% |
| 7 years (CAGR) | 10.7% | 13.9% | 12.3% |
| 10 years (CAGR) | 10.1% | 11.8% | 11.0% |
| Since first NAV (CAGR) | 10.6% | – | – |
“Multi-asset / allocation FoF” is MFIC's grouping of Domestic FoF schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 9.8% | 9.6% |
| 3Y rolling median | 11.6% | 13.3% |
| 3Y rolling worst | -5.1% | 4.8% |
| 3Y periods positive | 95% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 11.3% | 11.8% |
| 5Y rolling worst | 0.7% | 3.7% |
| 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.) | 7.9% | 14.1% |
| Sharpe ratio | 0.18 | 0.63 |
| Sortino ratio | 0.25 | 0.93 |
| 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 | −30.9% | −19.5% |
| Maximum drawdown, last 10Y | −30.9% | −24.1% |
| Maximum drawdown, last 5Y | −7.7% | −14.9% |
| Current drawdown | −4.9% | −8.8% |
| Recovery time of worst fall | 273 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.90% a year and the Direct plan's 1.03%, a gap of 0.87%; over the last 3 years the Direct plan returned 0.97 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 ₹20,01,430.
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
- 29 Sep 2026: TER increased from 0.97% to 1.03% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Rajasa Kakulavarapu | 7 Feb 2022 | |
| Venkatesh Sanjeevi | 4 Oct 2024 | |
| Chandni Gupta | 13 Mar 2026 |
Objective: 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.
Stated asset allocation: Under normal market circumstances, the investment range would be as follows: Instruments Units of domestic Mutual Fund Schemes as under: Normal Allocation 95% - 100%, A. Equity Schemes* - 20% - 85%. B. Debt Schemes** - 15% - 80%. Cash and Money Market Instruments - 0% - 5%. *Equity schemes of Franklin Templeton Mutual Fund including Franklin India Large Cap Fund, Franklin India Flexicap Fund, Franklin India Focused Equity Fund, Franklin India Large & Mid Cap Fund, Franklin India Mid Cap Fund, Franklin India Small Cap Fund, Franklin Build India Fund, Templeton India Value Fund, Franklin India Dividend Yield Fund, Franklin Asian Equity Fund and / or any other prospective equity scheme(s)…
Benchmark (tier 1): CRISIL Hybrid 50+50 - Moderate Index
Exit load: In respect of each purchase of Units - • NIL Exit load – for 10% of the units upto completion of 12 months. o The “First In First Out (FIFO)” logic will be applied while selecting the units for redemption o Waiver of Exit load is calculated for each inflow transaction separately on FIFO basis and not on the total units through multiple inflows o The load free units from purchases made subsequent to the initial purchase will be available only after redeeming all units from the initial purchase • All units redeemed /switched-out in excess of the 10% load free units will be subject to the below…
Minimum application: Rs.5000
Allotment date: 31 Oct 2003
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 | 1.03% | 0.17% |
| AUM, whole scheme (₹ crore) | 1,192 | 248 |
| Riskometer | 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) | -0.5% | 0.2% TRI |
| Return, 3 years (AMFI) | 7.8% | 7.8% TRI |
| Return, 5 years (AMFI) | 9.8% | 7.2% TRI |
| Month-ends above category median (3Y CAGR) | 58% | 51% median |
| Month-ends in category top quartile (3Y) | 33% | 27% median |
| 7Y rolling CAGR, median (monthly windows) | 10.5% | 9.8% median |
Official benchmark: CRISIL Hybrid 50+50 - Moderate Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Domestic FoF Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -3.7% | n/a | – |
| 2025 | 6.3% | n/a | – |
| 2024 | 13.9% | n/a | – |
| 2023 | 22.7% | n/a | – |
| 2022 | 8.1% | n/a | – |
| 2021 | 37.7% | n/a | – |
| 2020 | -6.8% | n/a | – |
| 2019 | 6.9% | n/a | – |
| 2018 | 6.0% | n/a | – |
| 2017 | 16.7% | 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 | ₹1,17,147 | -4.4% |
| 3 years | ₹3,60,000 | ₹3,75,031 | 2.7% |
| 5 years | ₹6,00,000 | ₹7,28,206 | 7.7% |
| 10 years | ₹12,00,000 | ₹20,59,637 | 10.4% |
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: Domestic FoF
Plan / option: Direct · Growth
AMFI scheme code: 118543
ISIN: INF090I01HV6
First NAV in MFIC data: 1 Jan 2013
History: 13.7 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 |
|---|---|---|---|
| SBI Nifty 500 Index Fund | Index Fund | 0.98 | n/a |
| Groww Nifty Total Market Index Fund | Index Fund | 0.98 | n/a |
| Mirae Asset Nifty Total Market Index Fund | Index Fund | 0.98 | n/a |
| Mirae Asset Nifty LargeMidcap 250 Index Fund | Index Fund | 0.97 | n/a |
| HDFC NIFTY LargeMidcap 250 Index Fund | Index Fund | 0.97 | n/a |
| Axis Nifty 500 Index Fund | Index Fund | 0.97 | n/a |
Questions about Franklin India Dynamic Asset Allocation Active Fund of Funds
- What is the latest NAV of Franklin India Dynamic Asset Allocation Active Fund of Funds?
- The NAV of the Direct plan (growth option) was ₹183.3923 on 1 Oct 2026, as published by AMFI.
- Which category is Franklin India Dynamic Asset Allocation Active Fund of Funds in?
- It is classified as Domestic FoF in AMFI's daily NAV file. MFIC compares it with 154 Domestic FoF schemes (Direct plans).
- What returns has Franklin India Dynamic Asset Allocation Active Fund of Funds delivered?
- Over one year the NAV changed by -1.5%. The 3-year CAGR is 7.7% (category median 12.5%) and the 5-year CAGR is 9.5% (category median 10.2%). 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 11.6%, the lowest was -5.1%, and 95% of 3-year periods ended with a gain.
- What was the largest fall in Franklin India Dynamic Asset Allocation Active Fund of Funds's NAV?
- The largest peak-to-trough fall in its available history was 30.9%; within the last five years it was 7.7% (category median 14.9%).
- How volatile is Franklin India Dynamic Asset Allocation Active Fund of Funds?
- Its annualised standard deviation of monthly returns over the last 36 months is 7.9%, which is below the Domestic FoF category median of 14.1%.
- What would a monthly SIP in Franklin India Dynamic Asset Allocation Active Fund of Funds have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,28,206 on 1 Oct 2026, an annualised return (XIRR) of 7.7%. 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 Dynamic Asset Allocation Active Fund of Funds?
- The total expense ratio of the Direct plan is 1.03% a year, as disclosed to AMFI (median of Domestic FoF Direct plans: 0.17%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Franklin India Dynamic Asset Allocation Active Fund of Funds?
- Assets under management of the whole scheme were ₹1,192 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Franklin India Dynamic Asset Allocation Active Fund of Funds?
- AMFI lists the scheme's riskometer as “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 Dynamic Asset Allocation Active Fund of Funds and how has it compared?
- Its official benchmark is the CRISIL Hybrid 50+50 - Moderate Index. Over 3 years AMFI reports a return of 7.8% for this plan against 7.8% for the benchmark total return index; over 5 years 9.8% against 7.2%. Past performance does not indicate future results.
- How often has Franklin India Dynamic Asset Allocation Active Fund of Funds beaten its category?
- At 58% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Domestic FoF schemes (Direct plans); it was in the top quarter at 33% of them. A typical scheme would show about 50%.
- Who manages Franklin India Dynamic Asset Allocation Active Fund of Funds?
- According to its Scheme Summary Document, Franklin India Dynamic Asset Allocation Active Fund of Funds is managed by Rajasa Kakulavarapu (since 7 Feb 2022), Venkatesh Sanjeevi (since 4 Oct 2024), Chandni Gupta (since 13 Mar 2026).
- What is the exit load of Franklin India Dynamic Asset Allocation Active Fund of Funds?
- As stated in its scheme documents: In respect of each purchase of Units - • NIL Exit load – for 10% of the units upto completion of 12 months. o The “First In First Out (FIFO)” logic will be applied while selecting the units for redemption o Waiver of Exit load is calculated for each inflow transaction separately on FIFO basis and not on the total units through multiple inflows o The load free units from purchases made subsequent to the initial purchase will be available only after redeeming all units from the initial purchase • All units redeemed /switched-out in excess of the 10% load free units will be subject to the below… Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Franklin India Dynamic Asset Allocation Active Fund of Funds?
- 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 -1.5% and the Regular plan's by -2.3%. 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.