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    Franklin India Aggressive Hybrid Fund vs Franklin India Balanced Advantage Fund

    Direct Plan, Growth option · Data as on 30-10-2026

    Franklin India Aggressive Hybrid Fund is an Aggressive Hybrid fund and Franklin India Balanced Advantage Fund is a Balanced Advantage fund. In the 3 years to 30-10-2026, Franklin India Aggressive Hybrid Fund (Direct) returned 9.0% a year and Franklin India Balanced Advantage Fund (Direct) returned 8.9% a year. Franklin India Aggressive Hybrid Fund charges 1.12% a year and Franklin India Balanced Advantage Fund 0.80% (Direct plans). Their portfolios overlap 86.4%: they hold 72 of the same securities.

    Franklin India Aggressive Hybrid Fund

    Aggressive Hybrid

    3 year return
    9.0%
    Expense ratio
    1.12%
    NAV
    ₹293.48
    See Franklin India Aggressive Hybrid Fund

    Franklin India Balanced Advantage Fund

    Balanced Advantage

    3 year return
    8.9%
    Expense ratio
    0.80%
    NAV
    ₹14.75
    See Franklin India Balanced Advantage Fund

    Which is better, Franklin India Aggressive Hybrid or Franklin India Balanced Advantage? Key differences

    It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

    • Franklin India Aggressive Hybrid returned more over 3 years: 9.0% a year against 8.9%.
    • Franklin India Balanced Advantage returned more over 1 year: −4.4% against −7.5%.
    • Franklin India Balanced Advantage costs less: 0.80% a year against 1.12% (Direct plans).
    • Franklin India Balanced Advantage swung less over 3 years: a standard deviation of 7.3% a year against 9.8%.
    • Franklin India Balanced Advantage fell less in its worst fall since 06-09-2022: −8.1% against −10.7%.
    • Franklin India Balanced Advantage is the larger fund: ₹2,687 Cr against ₹2,264 Cr.
    • Their portfolios overlap 86.4%: 72 of the same holdings.

    Past returns do not promise future returns. This page is information, not investment advice.

    Key facts

    From each fund's scheme summary document and AMFI

    FactFranklin India Aggressive Hybrid FundFranklin India Balanced Advantage Fund
    Fund houseFranklin Templeton Mutual FundFranklin Templeton Mutual Fund
    CategoryAggressive HybridBalanced Advantage
    AUM₹2,264 Cr (30-09-2026)₹2,687 Cr (30-09-2026)
    NAV₹293.48 (Direct)₹14.75 (Direct)
    Expense ratio (Direct)1.12%0.80%
    Expense ratio (Regular)2.24%2.22%
    RiskometerNot availableNot available
    BenchmarkCRISIL Hybrid 35+65 - Aggressive IndexNIFTY 50 Hybrid Composite Debt 50:50 Index
    Launch date10-12-199906-09-2022
    Minimum investment5000/15000/1
    Lock inNoneNone
    Fund managersRajasa Kakulavarapu, Ajay Argal, Chandni Gupta, Anuj Tagra, Sandeep ManamRajasa Kakulavarapu, Venkatesh Sanjeevi, Chandni Gupta, Anuj Tagra, Rahul Goswami, Sandeep Manam
    Exit load<ul style="text-align: justify;"> <li>Upto 10% of the Units may be redeemed without any exit load within 1 year from the date of allotment.</li> <li>Any redemption in excess of the above limit shall be subject to the following exit load: <ul> <li>1.00% - if redeemed on or before 1 year from the date of allotment</li> <li>Nil - if redeemed after 1 year from the date of allotment</li> </ul> </li> </ul> <a href="https://franklintempletonprod.widen.net/content/1kfi47ctpw/original/Illustration-on-Exit-load_FIEHF-en-in-jp11udt8.pdf" target="_blank">Exit Load Illustration</a><ul style="text-align: justify;"> <li>Upto 10% of the Units may be redeemed without any exit load within 1 year* from the date of allotment.</li> <li>Any redemption in excess of the above limit shall be subject to the following exit load: <ul> <li>1.00% - if redeemed on or before 1 year from the date of allotment</li> <li>Nil - if redeemed after 1 year from the date of allotment</li> </ul> </li> </ul>

    Franklin India Aggressive Hybrid vs Franklin India Balanced Advantage: Returns Comparison

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Fund1M3M6M1Y3Y5Y10Y
    Franklin India Aggressive Hybrid Fund (Direct)−1.83%−5.27%−2.82%−7.45%+8.97%+8.42%+10.83%
    Franklin India Balanced Advantage Fund (Direct)−1.67%−4.16%−1.75%−4.37%+8.90%----
    Aggressive Hybrid average−0.88%−3.67%−0.27%−3.33%+10.77%+9.35%+11.60%
    Balanced Advantage average−0.55%−2.88%+0.08%−2.08%+9.14%----

    Category average: the average of the 29 Aggressive Hybrid funds and the 38 Balanced Advantage funds, same plan type.

    Franklin India Aggressive Hybrid vs Franklin India Balanced Advantage: Year-wise Returns

    YearAggressive HybridFranklin India Aggressive HybridBalanced AdvantageFranklin India Balanced Advantage
    2026to date−6.75%−4.21%
    2025+4.72%+5.78%
    2024+18.89%+17.15%
    2023+23.90%+21.22%
    2022+5.76%--
    2021+25.03%--

    Franklin India Aggressive Hybrid vs Franklin India Balanced Advantage: Rolling Returns

    Every holding period of both funds

    Rolling returns

    Every 3-year holding period, 281 of them, one for each trading day from 08-09-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.

    0%5%10%15%20%
    Oct 2022
    to
    Oct 2025
    Dec 2022
    to
    Dec 2025
    Mar 2023
    to
    Mar 2026
    May 2023
    to
    May 2026
    Jul 2023
    to
    Jul 2026
    Sept 2023
    to
    Sept 2026
    Franklin India Aggressive Hybrid Fund (Direct)Franklin India Balanced Advantage Fund (Direct)

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighest
    Franklin India Aggressive Hybrid0.00.011.750.238.10.00.013.6%14.3%8.1%17.0%
    Franklin India Balanced Advantage0.00.011.079.49.60.00.012.9%13.4%8.3%15.6%

    The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 06-09-2022. Past returns do not promise future returns.

    Franklin India Aggressive Hybrid vs Franklin India Balanced Advantage: SIP and Lumpsum Returns

    What the same monthly or one-time investment would be worth in each fund today, from their own NAV history

    Growth of an investment

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 01-09-2022 to 30-10-2026: 50 instalments, ₹5,00,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Franklin India Aggressive HybridFranklin India Aggressive Hybrid Fund (Direct) ₹5,00,000 ₹5,60,299 ₹60,299 5.4%
    Franklin India Balanced AdvantageFranklin India Balanced Advantage Fund (Direct) ₹5,00,000 ₹5,69,035 ₹69,035 6.2%
    ₹0₹2.0 L₹4.0 L₹6.0 L
    2023202420252026
    Franklin India Aggressive HybridFranklin India Aggressive Hybrid Fund (Direct)Franklin India Balanced AdvantageFranklin India Balanced Advantage Fund (Direct)Amount invested

    From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

    Franklin India Aggressive Hybrid vs Franklin India Balanced Advantage: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureFranklin India Aggressive Hybrid Fund (Direct)Franklin India Balanced Advantage Fund (Direct)
    Return (CAGR)+8.97%+8.90%
    Standard deviation9.78%7.33%
    Sharpe ratio0.300.39
    Sortino ratio0.410.54
    Maximum drawdown−10.7% (30-03-2026)−8.1% (30-03-2026)
    Beta----
    Alpha----

    From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.

    Drawdowns

    How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

    −12%−10%−8%−6%−4%−2%0%
    2023202420252026
    Franklin India Aggressive Hybrid Fund (Direct)Franklin India Balanced Advantage Fund (Direct)
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Franklin India Aggressive Hybrid Fund (Direct)−10.7%20-11-202530-03-2026Not yet--−7.8%
    Franklin India Balanced Advantage Fund (Direct)−8.1%02-01-202630-03-202603-08-20264 months−5.4%

    From daily values since 06-09-2022, the first day every fund has.

    Rolling standard deviation

    Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

    0%2%4%6%8%10%
    2026
    Franklin India Aggressive Hybrid Fund (Direct)Franklin India Balanced Advantage Fund (Direct)

    Franklin India Aggressive Hybrid vs Franklin India Balanced Advantage: Portfolio Overlap

    From each fund's latest monthly portfolio: Franklin India Aggressive Hybrid Fund, September 2026; Franklin India Balanced Advantage Fund, September 2026

    Holdings in common

    Overlap
    86.4%
    Held by both
    72
    Only in Franklin India Aggressive Hybrid
    4
    Only in Franklin India Balanced Advantage
    9
    Security% of Franklin India Aggressive Hybrid% of Franklin India Balanced Advantage
    0.00% Jubilant Bevco Ltd (31-May-2028)4.96%4.98%
    0.00% Jubilant Beverages Ltd (31-May-2028)3.03%3.09%
    HDFC Bank Ltd2.97%3.39%
    ICICI Bank Ltd2.86%3.33%
    Axis Bank Ltd2.87%2.62%
    State Bank of India2.84%2.50%
    Mahindra & Mahindra Ltd2.35%2.09%
    Bharti Airtel Ltd2.07%3.04%
    Larsen & Toubro Ltd2.06%2.52%
    Eternal Ltd2.40%2.01%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 86.4% means 86.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.

    Largest holdings only in Franklin India Aggressive Hybrid Fund

    Security% of fund
    7.98% Bajaj Finance Ltd (31-Jul-2029)1.11%
    7.82% Bajaj Finance Ltd (31-Jan-2034)0.23%
    7.68% Small Industries Development Bank Of India (10-Aug-2027)0.23%
    Union Bank of India (12-Mar-2027)0.21%

    Largest holdings only in Franklin India Balanced Advantage Fund

    Security% of fund
    7.25% RJ Corp Ltd (08-Dec-2028)2.07%
    Dhoot Transmission Ltd1.28%
    7.77% Bajaj Finance Ltd (17-Apr-2029)0.95%
    91 DTB (01-Oct-2026)0.93%
    91 DTB (24-Dec-2026)0.92%

    Asset and sector split

    Share of each fund, from its latest monthly portfolio

    Asset allocation

    AssetFranklin India Aggressive HybridFranklin India Balanced Advantage
    Equity70.3%68.2%
    Debt26.9%30.0%
    Cash and others2.8%1.9%

    Market cap of stocks

    Market capFranklin India Aggressive HybridFranklin India Balanced Advantage
    Large Cap38.3%38.9%
    Mid Cap13.2%11.8%
    Small Cap17.7%15.2%
    Not on AMFI's list1.2%2.3%

    Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

    Largest sectors

    SectorFranklin India Aggressive HybridFranklin India Balanced Advantage
    Banks13.1%13.1%
    Automobiles4.6%4.1%
    Capital Markets4.1%3.7%
    Auto Components3.2%3.9%
    Industrial Products3.8%3.4%
    Pharmaceuticals & Biotechnology3.6%3.2%
    Retailing3.5%2.9%

    The six largest sectors of each fund's stocks, % of the fund.

    Franklin India Aggressive Hybrid vs Franklin India Balanced Advantage: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeFranklin India Aggressive Hybrid FundFranklin India Balanced Advantage Fund
    Total expense ratio (Direct)1.12%0.80%
    Base expense ratio (Direct)0.77%0.47%
    Total expense ratio (Regular)2.24%2.22%
    Base expense ratio (Regular)1.74%1.70%

    The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.

    More comparisons

    Each fund against the others of its category

    Franklin India Aggressive Hybrid Fund vs Franklin India Balanced Advantage Fund: Frequently Asked Questions

    What is the difference between Franklin India Aggressive Hybrid Fund and Franklin India Balanced Advantage Fund?

    Franklin India Aggressive Hybrid Fund is an Aggressive Hybrid fund, Franklin India Balanced Advantage Fund is a Balanced Advantage fund, run by Franklin Templeton Mutual Fund. Their portfolios overlap 86.4%. Franklin India Aggressive Hybrid Fund charges 1.12% a year and Franklin India Balanced Advantage Fund 0.80%.

    Which has given higher returns, Franklin India Aggressive Hybrid Fund or Franklin India Balanced Advantage Fund?

    Over 1 year: Franklin India Aggressive Hybrid Fund −7.45%, Franklin India Balanced Advantage Fund −4.37%. Over 3 years: Franklin India Aggressive Hybrid Fund +8.97% a year, Franklin India Balanced Advantage Fund +8.90% a year. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, Franklin India Aggressive Hybrid Fund or Franklin India Balanced Advantage Fund?

    Franklin India Balanced Advantage Fund charges less: 0.80% a year against 1.12%. These are the Direct plans' total expense ratios reported to AMFI.

    How much do Franklin India Aggressive Hybrid Fund and Franklin India Balanced Advantage Fund overlap?

    86.4%. They hold 72 of the same securities, the largest shared ones being 0.00% Jubilant Bevco Ltd (31-May-2028), 0.00% Jubilant Beverages Ltd (31-May-2028), HDFCBANK. From each fund's latest monthly portfolio.

    Which is better for SIP, Franklin India Aggressive Hybrid Fund or Franklin India Balanced Advantage Fund?

    Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,75,740 in Franklin India Aggressive Hybrid Fund (XIRR 1.0% a year) and ₹3,85,075 in Franklin India Balanced Advantage Fund (XIRR 2.5% a year). Both received 37 instalments. Past returns do not promise future returns.

    Can I invest in both Franklin India Aggressive Hybrid Fund and Franklin India Balanced Advantage Fund?

    Yes. 86.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.

    Who manages Franklin India Aggressive Hybrid Fund and Franklin India Balanced Advantage Fund?

    Franklin India Aggressive Hybrid Fund: Rajasa Kakulavarapu, Ajay Argal, Chandni Gupta, Anuj Tagra, Sandeep Manam. Franklin India Balanced Advantage Fund: Rajasa Kakulavarapu, Venkatesh Sanjeevi, Chandni Gupta, Anuj Tagra, Rahul Goswami, Sandeep Manam.

    Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.

    This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.

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