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Franklin India Balanced Advantage Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

Franklin Templeton Mutual Fund · Hybrid fund · Direct plan · Growth

Balanced AdvantageDirect · GrowthRisk: Very High

NAV · 6 Nov 2026

₹15.4520 ▲ 0.57%

Franklin Templeton Mutual Fund

Fund size₹2,810 crJuly - September 2026

1-month range₹14.54 – 15.45

1 year+0.80%rank 25 of 32

Expense ratio0.80%direct plan, a year

5 years–a year

What the fund does

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.

BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index

Fund houseFranklin Templeton Mutual Fund

Fund managersEquity: Rajasa KakulavarapuampVenkatesh Sanjeevi Debt: Chandni GuptaAnuj TagraRahul GoswamiSandeep Manam (Dedicated Fund Manager for overseas investments)

NAV history

Returns

1 week

+4.74%avg 4.6%

1 month

+3.48%avg 3.9%

3 months

-0.82%avg 0.5%

6 months

+1.74%avg 3.6%

This year

+0.33%avg 2.1%

1 year

+0.80%avg 3.0% · #25/32

3 years (a year)

+10.31%avg 10.6% · #17/25

Bars: this plan; the thin mark is the Balanced Advantage average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.7
2025	-2.1	-3.4	+3.9	+1.7	+2.5	+1.7	-0.6	-1.0	+0.5	+2.3	+0.6	-0.4
2026	-1.3	+0.3	-6.5	+5.3	-0.5	+2.2	+1.0	+0.6	-3.3	-1.7	+4.7

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held5189 lines in all

Top 10 stocks25.5%of the fund

Short positions-4.3%sold through derivatives

Net equity63.9%long stocks and derivatives minus shorts

Where the money is

Equity 68.2%Debt 26.5%Money market 2.6%Cash & others 2.8%Short -4.3%

Sectors (stocks held)

Banks

13.1%

Automobiles

4.1%

Auto Components

3.8%

Capital Markets

3.7%

Industrial Products

3.4%

Pharmaceuticals & Biotechnology

3.2%

Telecom - Services

3.0%

Consumer Durables

3.0%

Credit quality (debt and money market)

AAA

12.9%

Sovereign

8.1%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	68.2%	67.1%	+1.03
Short positions	-4.3%	-5.3%	+1.00
Debt	26.5%	28.2%	-1.75
Money market	2.6%	0.9%	+1.71
Cash & others	2.8%	3.8%	-0.99
Top 10 stocks	25.5%	27.3%	-1.77
Number of stocks	51	53	-2

New stocks 2

TVS Motor Co Ltd1.07%
Data Patterns India Ltd0.80%

Stocks sold off 4

Hindustan Aeronautics Ltdwas 0.68%
CESC Ltdwas 0.61%
NTPC Ltdwas 0.31%
Lemon Tree Hotels Ltdwas 0.04%

Bought more 3

Astral Ltd+0.63
360 One Wam Ltd+0.33
Dixon Technologies (India) Ltd+0.27

Cut back 5

Bharti Airtel Ltd !! ~~-0.55
PB Fintech Ltd-0.40
HDFC Bank Ltd # ~~-0.39
Reliance Industries Ltd $ ^ ~ ~-0.36
ICICI Bank Ltd ^ ~~-0.31

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 51

Holding	Sector / type	% of fund
HDFC Bank Ltd # ~~ INE040A01034	Banks	3.39%
ICICI Bank Ltd ^ ~~ INE090A01021	Banks	3.33%
Bharti Airtel Ltd !! ~~ INE397D01024	Telecom - Services	3.04%
Axis Bank Ltd ! ~~ INE238A01034	Banks	2.62%
Larsen & Toubro Ltd INE018A01030	Construction	2.52%
State Bank of India INE062A01020	Banks	2.50%
Mahindra & Mahindra Ltd INE101A01026	Automobiles	2.09%
Ultratech Cement Ltd INE481G01011	Cement & Cement Products	2.04%
Eternal Ltd INE758T01015	Retailing	2.01%
Bharat Electronics Ltd INE263A01024	Aerospace & Defense	1.95%
Reliance Industries Ltd $ ^ ~ ~ INE002A01018	Petroleum Products	1.83%
Kirloskar Oil Engines Ltd INE146L01010	Industrial Products	1.43%
Tata Power Co Ltd INE245A01021	Power	1.34%
Interglobe Aviation Ltd INE646L01027	Transport Services	1.32%
Cholamandalam Investment and Finance Co Ltd INE121A01024	Finance	1.31%
Dhoot Transmission Ltd INE01NH01023	Auto Components	1.28%
RBL Bank Ltd INE976G01028	Banks	1.28%
Ashok Leyland Ltd INE208A01029	Agricultural, Commercial & Construction Vehicles	1.26%
Britannia Industries Ltd INE216A01030	Food Products	1.26%
Cipla Ltd INE059A01026	Pharmaceuticals & Biotechnology	1.25%
Global Health Ltd INE474Q01031	Healthcare Services	1.22%
Dixon Technologies (India) Ltd INE935N01020	Consumer Durables	1.22%
Sedemac Mechatronics Ltd INE00XB01019	Auto Components	1.17%
Dr. Reddy's Laboratories Ltd INE089A01031	Pharmaceuticals & Biotechnology	1.15%
Marico Ltd INE196A01026	Agricultural Food & Other Products	1.14%
Infosys Ltd $$ ~~ INE009A01021	IT - Software	1.13%
Metropolis Healthcare Ltd INE112L01020	Healthcare Services	1.11%
Pine Labs Ltd INE15B701018	Financial Technology (Fintech)	1.09%
Phoenix Mills Ltd INE211B01039	Realty	1.08%
TVS Motor Co Ltd INE494B01023	Automobiles	1.07%
Astral Ltd INE006I01046	Industrial Products	1.02%
Sbi Funds Management Ltd INE640G01020	Capital Markets	1.00%
Exide Industries Ltd INE302A01020	Auto Components	1.00%
Tata Steel Ltd INE081A01020	Ferrous Metals	0.98%
TBO Tek Ltd INE673O01025	Leisure Services	0.97%
360 One Wam Ltd INE466L01038	Capital Markets	0.96%
Hyundai Motor India Ltd INE0V6F01027	Automobiles	0.94%
Asian Paints Ltd INE021A01026	Consumer Durables	0.94%
ICICI Lombard General Insurance Co Ltd INE765G01017	Insurance	0.92%
Timken India Ltd INE325A01013	Industrial Products	0.90%
Lenskart Solutions Ltd INE956O01016	Retailing	0.89%
Angel One Ltd INE732I01021	Capital Markets	0.87%
Multi Commodity Exchange Of India Ltd INE745G01043	Capital Markets	0.86%
Eris Lifesciences Ltd INE406M01024	Pharmaceuticals & Biotechnology	0.84%
Data Patterns India Ltd INE0IX101010	Aerospace & Defense	0.80%
Amber Enterprises India Ltd INE371P01015	Consumer Durables	0.79%
Suzlon Energy Ltd INE040H01021	Electrical Equipment	0.76%
Emmvee Photovoltaic Power Ltd INE1C6T01020	Electrical Equipment	0.71%
Aptus Value Housing Finance India Ltd INE852O01025	Finance	0.61%
PB Fintech Ltd INE417T01026	Financial Technology (Fintech)	0.59%
ZF Commercial Vehicle Control Systems India Ltd INE342J01019	Auto Components	0.40%

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Short positions 6

Holding	Sector / type	% of fund
Bharti Airtel Ltd !! ~~	–	-1.16%
ICICI Bank Ltd ^ ~~	–	-0.87%
Ultratech Cement Ltd	–	-0.73%
Larsen & Toubro Ltd	–	-0.64%
HDFC Bank Ltd # ~~	–	-0.64%
Reliance Industries Ltd $ ^ ~ ~	–	-0.28%

Derivatives, debt, money market and cash 32

Holding	Sector / type	% of fund
0.00% Jubilant Bevco Ltd (31-May-2028) INE1D4P08019	CRISIL AA	4.98%
0.00% Jubilant Beverages Ltd (31-May-2028) ** INE1D4O08012	CRISIL AA	3.09%
7.25% RJ Corp Ltd (08-Dec-2028) ** INE460K08053	CRISIL AAA	2.07%
7.65% Poonawalla Fincorp Ltd (21-Apr-2027) ** INE511C07854	CRISIL AAA	1.92%
7.87% Summit Digitel Infrastructure Ltd (15-Mar-2030) ** INE507T07146	CRISIL AAA	1.89%
8.65% Bharti Telecom Ltd (05-Nov-2027) ** INE403D08231	CRISIL AAA	1.21%
Mahindra & Mahindra Financial Services Ltd (3M Tbill + 210bps) (18-May-2029) ** $ INE774D07VP7	CRISIL AAA	1.15%
6.92% Power Finance Corporation Ltd (14-Apr-2032) ** INE134E08LN6	CRISIL AAA	1.13%
7.02% Punjab SDL (01-Jul-2030) IN2820260064	SOVEREIGN	1.10%
Call, Cash & Other Assets	–	1.09%
8.75% Bharti Telecom Ltd (05-Nov-2029) INE403D08264	CRISIL AAA	1.01%
6.07% National Bank For Agriculture & Rural Development (19-Nov-2027) ** INE261F08CM5	IND AAA	0.96%
7.77% Bajaj Finance Ltd (17-Apr-2029) ** INE296A07TW7	CRISIL AAA	0.95%
7.62% Punjab SDL (28-Jan-2033) IN2820250164	SOVEREIGN	0.94%
91 DTB (01-Oct-2026) IN002026X131	SOVEREIGN	0.93%
7.21% Embassy Office Parks Reit (17-Mar-2028) ** INE041007167	CRISIL AAA	0.92%
91 DTB (24-Dec-2026) $ # IN002026X255	SOVEREIGN	0.92%
7.64% Uttarakhand SDL (24-DEC-2032) IN3620250065	SOVEREIGN	0.89%
Margin on Derivatives	–	0.76%
7.48% Punjab SDL (14-Jan-2031) IN2820250156	SOVEREIGN	0.75%
91 DTB (05-Nov-2026) $ # IN002026X180	SOVEREIGN	0.74%
7.65% Bihar SDL (24-DEC-2033) IN1320250211	SOVEREIGN	0.59%
7.30% Uttarkahand SDL (01-Oct-2032) IN3620250040	SOVEREIGN	0.57%
7.47% India Infrastructure Finance Co Ltd (05-Nov-2027) ** INE787H08154	CARE AAA	0.40%
7.56% Kerala SDL (08-Jul-2039) IN2020260062	SOVEREIGN	0.23%
0.00% REC Ltd (03-Nov-2034) ** INE020B08FJ3	CRISIL AAA	0.19%
7.38% GOI 2027 (20-Jun-2027) $ ~~ IN0020220037	SOVEREIGN	0.18%
7.56% Himachal Pradesh SDL (08-Jul-2039) IN1720260042	SOVEREIGN	0.16%
7.66% Maharashtra SDL (04-Mar-2047) IN2220250509	SOVEREIGN	0.05%
7.32% Chhattisgarh SDL (05-Mar-2037) IN3520240083	SOVEREIGN	0.02%
7.32% West Bengal SDL (05-Mar-2038) IN3420240225	SOVEREIGN	0.02%
7.08% Kerala SDL (26-Mar-2040) IN2020240312	SOVEREIGN	0.01%

Show 22 moreShow fewer

From the fund house's monthly portfolio (franklintempletonindia.com), as on 30 Sept 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility9.0%yearly, from daily NAVs

Worst fall-8.10%2 Jan 2026 → 30 Mar 2026

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 30 Sept 2022).

Where it can invest (limits from the scheme document)

Equities and Equity related Securities (Including Overseas Securities

0–100%

Debt & Money Market Instruments (including overseas securities) including cash & cash equivalent

0–100%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹2,810 cr across all plans · this plan ₹174 cr
Fund house	Franklin Templeton Mutual Fund
Category	Hybrid · Balanced Advantage
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 0.80% · Regular 2.22% (6 Nov 2026)
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 clubbed or carried forward to the next year.
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	150481
ISIN	INF090I01WQ5
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · IDCW	₹12.9212	-5.57%
Regular · Growth	₹14.4569	-0.62%
Regular · IDCW	₹12.8822	-4.78%

Top Balanced Advantage funds (direct plans)

Fund	1 year	3 years (a year)
quant Dynamic Asset Allocation Fund	-0.24%	+13.91%
Baroda BNP Paribas Balanced Advantage Fund	+5.47%	+13.26%
Aditya Birla Sun Life Balanced Advantage Fund	+8.12%	+13.20%
WhiteOak Capital Balanced Advantage Fund	+4.85%	+12.89%
ICICI Prudential Balanced Advantage Fund	+6.04%	+12.23%
HDFC Balanced Advantage Fund	+0.90%	+12.22%
Edelweiss Balanced Advantage Fund	+6.75%	+12.15%
DSP Dynamic Asset Allocation Fund	+6.10%	+12.15%
Franklin India Balanced Advantage Fund	+0.80%	+10.31%

All Balanced Advantage funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Franklin India Balanced Advantage Fund - Direct Plan - Growth today?

₹15.4520 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Franklin India Balanced Advantage Fund - Direct Plan - Growth?

1 year: 0.80%, 3 years: 10.31% a year

How does Franklin India Balanced Advantage Fund rank in its category?

25 of 32 Balanced Advantage funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.