Franklin India Balanced Advantage Fund

Balanced AdvantageDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Franklin India Balanced Advantage Fund is a Balanced Advantage fund run by Franklin Templeton Mutual Fund. On 30-09-2026, it managed ₹2,687 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 8.9% a year and its Regular plan returned 7.3% a year. Its benchmark, NIFTY 50 Hybrid Composite Debt 50:50 Index, returned 6.0% a year over the same 3 years.

NAV (Direct plan): ₹14.75; ▼ 0.46%30-10-2026
NAV (Regular plan): ₹13.81; ▼ 0.47%30-10-2026
Expense ratio: 0.80%Direct2.22%Regular; 0.80%; A year
Riskometer: Not available; Set by the fund house
3 year return: 8.9%Direct7.3%Regular; 8.9%; A year

Franklin India Balanced Advantage Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹14.75 (down 0.46% that day); Regular Plan Growth ₹13.81 (down 0.47% that day).

This fund (Direct plan)

₹14.7531

Franklin India Balanced Advantage Fund Returns vs NIFTY 50 Hybrid Composite Debt 50:50 Index

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

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−1.67%	−4.16%	−1.75%	−4.37%	+8.90%	--	--
This fund (Regular)	−1.79%	−4.50%	−2.44%	−5.72%	+7.29%	--	--
NIFTY 50 Hybrid Composite Debt 50:50 Index	−3.31%	−3.02%	+1.93%	−2.65%	+6.05%	+5.96%	--
Balanced Advantage average	−0.55%	−2.88%	+0.08%	−2.08%	+9.14%	--	--
Best in Balanced Advantage	+1.54%	+1.98%	+8.19%	+8.40%	+12.82%	--	--
Worst in Balanced Advantage	−3.94%	−6.19%	−4.43%	−6.88%	+2.71%	--	--
Rank in Balanced Advantage	34/37	29/37	28/37	28/36	19/30	--	--

Category rows compare the Direct plans of 38 Balanced Advantage funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

Franklin India Balanced Advantage Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−4.21%	−5.33%
2025	+5.78%	+4.23%
2024	+17.15%	+15.35%
2023	+21.22%	+18.98%

Franklin India Balanced Advantage Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 281 periods, one for each trading day from 08-09-2025 to 30-10-2026.

0%5%10%15%20%

Oct 2022
to
Oct 2025Dec 2022
to
Dec 2025Mar 2023
to
Mar 2026May 2023
to
May 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026

Franklin India Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	773	10.3%	−5.5%	29.7%	4%	8.5%	68%
2 years	529	14.8%	0.7%	22.0%	0%	13.6%	98%
3 years	281	13.4%	8.3%	15.6%	0%	12.3%	97%

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	38	10.0%	−8.1%	31.3%	11%	9.6%	61%
2 years	26	10.4%	−1.0%	24.6%	4%	8.9%	77%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Franklin India Balanced Advantage Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Franklin India Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	−4.37%	−2.10%
Standard deviation	8.70%	8.39%
Sharpe ratio	-1.11	-0.88
Sortino ratio	-1.47	-1.17
Maximum drawdown	−8.1% (30-03-2026)	−8.3% (30-03-2026)

From daily NAVs, 30-10-2025 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.

Measure	Franklin India Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+8.90%	+9.05%
Standard deviation	7.33%	7.94%
Sharpe ratio	0.39	0.38
Sortino ratio	0.54	0.51
Maximum drawdown	−8.1% (30-03-2026)	−9.4% (28-02-2025)

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.

Measure	Franklin India Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+9.83%	+9.35%
Standard deviation	6.86%	7.39%
Sharpe ratio	0.53	0.43
Sortino ratio	0.73	0.58
Maximum drawdown	−8.1% (30-03-2026)	−9.4% (28-02-2025)

From daily NAVs, 06-09-2022 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.

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.

−10%−8%−6%−4%−2%0%

2023202420252026

Franklin India Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Franklin India Balanced Advantage Fund (Direct)	−8.1%	02-01-2026	30-03-2026	03-08-2026	4 months	−5.4%
Category average	−9.4%	26-09-2024	28-02-2025	26-06-2025	4 months	−4.2%

From the Direct plan's daily NAV since 06-09-2022, adjusted for unit splits, and the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Franklin India Balanced Advantage Fund vs Other Balanced Advantage Funds

The five Balanced Advantage funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
quant Dynamic Asset Allocation Fund	1/30	810	1.55%	−5.79%	+12.82%	--	--	0.49	0.67	Compare
Aditya Birla Sun Life Balanced Advantage Fund	2/30	9,836	0.89%	+2.18%	+11.60%	--	--	0.67	0.94	Compare
Baroda BNP Paribas Balanced Advantage Fund	3/30	5,162	0.92%	−0.62%	+11.52%	--	--	0.52	0.70	Compare
Axis Balanced Advantage Fund	4/30	3,651	1.00%	−1.41%	+11.50%	--	--	0.68	0.95	Compare
WhiteOak Capital Balanced Advantage Fund	5/30	2,256	0.84%	−0.57%	+11.37%	--	--	0.64	0.88	Compare
Franklin India Balanced Advantage Fund	19/30	2,687	0.80%	−4.37%	+8.90%	--	--	0.39	0.54

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Franklin India Balanced Advantage Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Balanced Advantage median	Cost rank (1 = cheapest)
Direct	0.47%	0.06%	0.01%	0.26%	0.80%	1.04%	5/38
Regular	1.70%	0.06%	0.01%	0.45%	2.22%	2.30%	16/38

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Balanced Advantage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−5.72%	−4.37%	1.35%	₹94,280	₹95,630
3 years	7.29%	8.90%	1.61% a year	₹1,23,503	₹1,29,147

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Franklin India Balanced Advantage Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 06-09-2022 to 30-10-2026: 50 instalments, ₹5,00,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planFranklin India Balanced Advantage Fund (Direct)	₹5,00,000	₹5,69,035	₹69,035	6.2%
Regular planFranklin India Balanced Advantage Fund (Regular)	₹5,00,000	₹5,49,681	₹49,681	4.5%
Category averageCategory average, 38 Balanced Advantage funds	₹5,00,000	₹5,73,223	₹73,223	6.5%

₹0₹2.0 L₹4.0 L₹6.0 L

2023202420252026

Direct planFranklin India Balanced Advantage Fund (Direct)Regular planFranklin India Balanced Advantage Fund (Regular)Category averageCategory average, 38 Balanced Advantage fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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 Balanced Advantage Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

68.2%Equity

Asset	Fund	Category
Equity	68.2%	69.0%
Debt	30.0%	23.0%
Cash and others	1.9%	7.9%

Market cap of stocks

Market cap	Fund	Category
Large Cap	38.9%	47.4%
Mid Cap	11.8%	11.6%
Small Cap	15.2%	8.8%
Not on AMFI's list	2.3%	1.4%

Share of the whole fund. Category: the average of the Balanced Advantage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Balanced Advantage funds.

Rating	Fund	Category
Sovereign	8.1%	7.4%
AAA and A1+	13.8%	11.3%
AA	8.1%	3.3%

Franklin India Balanced Advantage Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks13.1%
Automobiles4.1%
Auto Components3.9%
Capital Markets3.7%
Industrial Products3.4%
Pharmaceuticals & Biotechnology3.2%
Telecom - Services3.0%
Consumer Durables3.0%
Retailing2.9%
Aerospace & Defense2.8%

The ten largest of 27 sectors. The other 17 add up to 25.2%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	15.2%	13.8%	13.1%	−2.1%
Automobiles	2.6%	3.0%	4.1%	+1.5%
Auto Components	2.4%	3.6%	3.9%	+1.5%
Capital Markets	2.0%	3.3%	3.7%	+1.7%
Industrial Products	1.3%	2.5%	3.4%	+2.1%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Franklin India Balanced Advantage Fund Portfolio Holdings

As on 30-09-2026 · 81 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
0.00% Jubilant Bevco Ltd (31-May-2028) · Bond	CRISIL AA	4.98%
HDFC Bank Ltd	Banks	3.39%	−14.6%
ICICI Bank Ltd	Banks	3.33%	−4.2%
0.00% Jubilant Beverages Ltd (31-May-2028) · Bond	CRISIL AA	3.09%
Bharti Airtel Ltd	Telecom - Services	3.04%	−17.0%
Axis Bank Ltd	Banks	2.62%	0.0%
Larsen & Toubro Ltd	Construction	2.52%	0.0%
State Bank of India	Banks	2.50%	0.0%
Mahindra & Mahindra Ltd	Automobiles	2.09%	0.0%
7.25% RJ Corp Ltd (08-Dec-2028) · Bond	CRISIL AAA	2.07%
Ultratech Cement Ltd	Cement & Cement Products	2.04%	0.0%
Eternal Ltd	Retailing	2.01%	0.0%
Bharat Electronics Ltd	Aerospace & Defense	1.95%	+9.8%
7.65% Poonawalla Fincorp Ltd (21-Apr-2027) · Bond	CRISIL AAA	1.92%
7.87% Summit Digitel Infrastructure Ltd (15-Mar-2030) · Bond	CRISIL AAA	1.89%
Reliance Industries Ltd	Petroleum Products	1.83%	−14.5%
Kirloskar Oil Engines Ltd	Industrial Products	1.43%	0.0%
Tata Power Co Ltd	Power	1.34%	0.0%
Interglobe Aviation Ltd	Transport Services	1.32%	0.0%
Cholamandalam Investment and Finance Co Ltd	Finance	1.31%	0.0%
Dhoot Transmission Ltd	Auto Components	1.28%	0.0%
RBL Bank Ltd	Banks	1.28%	0.0%
Ashok Leyland Ltd	Agricultural, Commercial & Construction Vehicles	1.26%	+15.8%
Britannia Industries Ltd	Food Products	1.26%	+7.7%
Cipla Ltd	Pharmaceuticals & Biotechnology	1.25%	+11.1%
Global Health Ltd	Healthcare Services	1.22%	+16.0%
Dixon Technologies (India) Ltd	Consumer Durables	1.22%	+38.9%
8.65% Bharti Telecom Ltd (05-Nov-2027) · Bond	CRISIL AAA	1.21%
Sedemac Mechatronics Ltd	Auto Components	1.17%	0.0%
Dr. Reddy's Laboratories Ltd	Pharmaceuticals & Biotechnology	1.15%	+11.1%
Mahindra & Mahindra Financial Services Ltd (3M Tbill + 210bps) (18-May-2029) · Bond	CRISIL AAA	1.15%
Marico Ltd	Agricultural Food & Other Products	1.14%	0.0%
Infosys Ltd	IT - Software	1.13%	0.0%
6.92% Power Finance Corporation Ltd (14-Apr-2032) · Bond	CRISIL AAA	1.13%
Metropolis Healthcare Ltd	Healthcare Services	1.11%	0.0%
7.02% Punjab SDL (01-Jul-2030) · State government security	SOVEREIGN	1.10%
Pine Labs Ltd	Financial Technology (Fintech)	1.09%	0.0%
Phoenix Mills Ltd	Realty	1.08%	0.0%
TVS Motor Co Ltd	Automobiles	1.07%	New
Astral Ltd	Industrial Products	1.02%	+179.0%
8.75% Bharti Telecom Ltd (05-Nov-2029) · Bond	CRISIL AAA	1.01%
Sbi Funds Management Ltd	Capital Markets	1.00%	+10.6%
Exide Industries Ltd	Auto Components	1.00%	+30.0%
Tata Steel Ltd	Ferrous Metals	0.98%	0.0%
TBO Tek Ltd	Leisure Services	0.97%	+3.0%
6.07% National Bank For Agriculture & Rural Development (19-Nov-2027) · Bond	IND AAA	0.96%
360 One Wam Ltd	Capital Markets	0.96%	+66.7%
7.77% Bajaj Finance Ltd (17-Apr-2029) · Bond	CRISIL AAA	0.95%
Hyundai Motor India Ltd	Automobiles	0.94%	+25.0%
Asian Paints Ltd	Consumer Durables	0.94%	+16.7%
7.62% Punjab SDL (28-Jan-2033) · State government security	SOVEREIGN	0.94%
91 DTB (01-Oct-2026) · Government security	SOVEREIGN	0.93%
7.21% Embassy Office Parks Reit (17-Mar-2028) · Bond	CRISIL AAA	0.92%
91 DTB (24-Dec-2026) · Government security	SOVEREIGN	0.92%
ICICI Lombard General Insurance Co Ltd	Insurance	0.92%	0.0%
Timken India Ltd	Industrial Products	0.90%	0.0%
Lenskart Solutions Ltd	Retailing	0.89%	0.0%
7.64% Uttarakhand SDL (24-DEC-2032) · State government security	SOVEREIGN	0.89%
Angel One Ltd	Capital Markets	0.87%	0.0%
Multi Commodity Exchange Of India Ltd	Capital Markets	0.86%	0.0%
Eris Lifesciences Ltd	Pharmaceuticals & Biotechnology	0.84%	0.0%
Data Patterns India Ltd	Aerospace & Defense	0.80%	New
Amber Enterprises India Ltd	Consumer Durables	0.79%	0.0%
Suzlon Energy Ltd	Electrical Equipment	0.76%	0.0%
7.48% Punjab SDL (14-Jan-2031) · State government security	SOVEREIGN	0.75%
91 DTB (05-Nov-2026) · Government security	SOVEREIGN	0.74%
Emmvee Photovoltaic Power Ltd	Electrical Equipment	0.71%	+16.0%
Aptus Value Housing Finance India Ltd	Finance	0.61%	0.0%
PB Fintech Ltd	Financial Technology (Fintech)	0.59%	0.0%
7.65% Bihar SDL (24-DEC-2033) · State government security	SOVEREIGN	0.59%
7.30% Uttarkahand SDL (01-Oct-2032) · State government security	SOVEREIGN	0.57%
ZF Commercial Vehicle Control Systems India Ltd	Auto Components	0.40%	−30.7%
7.47% India Infrastructure Finance Co Ltd (05-Nov-2027) · Bond	CARE AAA	0.40%
7.56% Kerala SDL (08-Jul-2039) · State government security	SOVEREIGN	0.23%
0.00% REC Ltd (03-Nov-2034) · Bond	CRISIL AAA	0.19%
7.38% GOI 2027 (20-Jun-2027) · Government security	SOVEREIGN	0.18%
7.56% Himachal Pradesh SDL (08-Jul-2039) · State government security	SOVEREIGN	0.16%
7.66% Maharashtra SDL (04-Mar-2047) · State government security	SOVEREIGN	0.05%
7.32% Chhattisgarh SDL (05-Mar-2037) · State government security	SOVEREIGN	0.02%
7.32% West Bengal SDL (05-Mar-2038) · State government security	SOVEREIGN	0.02%
7.08% Kerala SDL (26-Mar-2040) · State government security	SOVEREIGN	0.01%

Franklin India Balanced Advantage Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

HDFC Bank Ltd	Reduced	−14.6%	3.39%
ICICI Bank Ltd	Reduced	−4.2%	3.33%
Bharti Airtel Ltd	Reduced	−17.0%	3.04%
Reliance Industries Ltd	Reduced	−14.5%	1.83%
Bharat Electronics Ltd	Added	+9.8%	1.95%
Ashok Leyland Ltd	Added	+15.8%	1.26%
Britannia Industries Ltd	Added	+7.7%	1.26%
Cipla Ltd	Added	+11.1%	1.25%
Global Health Ltd	Added	+16.0%	1.22%
Dixon Technologies (India) Ltd	Added	+38.9%	1.22%
Dr. Reddy's Laboratories Ltd	Added	+11.1%	1.15%
TVS Motor Co Ltd	New	New	1.07%
Astral Ltd	Added	+179.0%	1.02%
Sbi Funds Management Ltd	Added	+10.6%	1.00%
Exide Industries Ltd	Added	+30.0%	1.00%
TBO Tek Ltd	Added	+3.0%	0.97%
360 One Wam Ltd	Added	+66.7%	0.96%
Hyundai Motor India Ltd	Added	+25.0%	0.94%
Asian Paints Ltd	Added	+16.7%	0.94%
Data Patterns India Ltd	New	New	0.80%
Emmvee Photovoltaic Power Ltd	Added	+16.0%	0.71%
Hindustan Aeronautics Ltd	Sold out	−100%	was 0.68%
CESC Ltd	Sold out	−100%	was 0.61%
ZF Commercial Vehicle Control Systems India Ltd	Reduced	−30.7%	0.40%
NTPC Ltd	Sold out	−100%	was 0.31%
Lemon Tree Hotels Ltd	Sold out	−100%	was 0.04%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Franklin India Balanced Advantage Fund bought and sold

Franklin India Balanced Advantage Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Franklin India Aggressive Hybrid FundAggressive Hybrid · Franklin Templeton	86.4%	72	Compare
Franklin India Flexi Cap FundFlexi Cap · Franklin Templeton	43.7%	29	Compare
Franklin India Retirement FundSolution · Franklin Templeton	43.4%	53	Compare
Franklin India ELSS Tax Saver FundELSS · Franklin Templeton	39.9%	25	Compare
Franklin India Multi Asset Allocation FundMulti Asset · Franklin Templeton	39.5%	26	Compare
Canara Robeco Large Cap FundLarge Cap · Canara Robeco	36.8%	23	Compare
Canara Robeco ELSS - Tax Saver FundELSS · Canara Robeco	35.4%	24	Compare
Canara Robeco Flexi Cap FundFlexi Cap · Canara Robeco	35.0%	22	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Franklin India Balanced Advantage Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.80%
Expense ratio (Regular): 2.22%
Category: Balanced Advantage
Risk: Not available
Launch date: 06-09-2022
Minimum investment: 5000/1
Minimum additional investment: 1000/1
AUM: ₹2,686.76 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 150481
ISIN (Direct): INF090I01WQ5
Scheme code (Regular): 150480
ISIN (Regular): INF090I01WN2
NAV history: From 06-09-2022, 4.1 years

Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index
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>

Tax on Franklin India Balanced Advantage Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹14.7531	30-10-2026
direct	IDCW	₹12.3368	30-10-2026
regular	Growth	₹13.8068	30-10-2026
regular	IDCW	₹12.3029	30-10-2026

About Franklin India Balanced Advantage Fund

Franklin India Balanced Advantage Fund is a mutual fund from Franklin Templeton Mutual Fund. Its category is Balanced Advantage. It was launched on 06-09-2022. Its benchmark is NIFTY 50 Hybrid Composite Debt 50:50 Index. At the end of September 2026 it held 81 securities.

Fund Manager

Rajasa Kakulavarapu
Fund manager of Franklin India Balanced Advantage Fund, since 06-09-2022
Venkatesh Sanjeevi
Fund manager of Franklin India Balanced Advantage Fund, since 04-10-2024
Chandni Gupta
Fund manager of Franklin India Balanced Advantage Fund, since 01-03-2024
Anuj Tagra
Fund manager of Franklin India Balanced Advantage Fund, since 01-03-2024
Rahul Goswami
Fund manager of Franklin India Balanced Advantage Fund, since 06-09-2022
Sandeep Manam
Fund manager of Franklin India Balanced Advantage Fund, since 06-09-2022

See all funds of Franklin Templeton Mutual Fund

AUM change

September 2026: ₹2,686.76 Cr; −4.81% from August 2026
August 2026: ₹2,822.52 Cr; −0.42% from July 2026
July 2026: ₹2,834.38 Cr; +0.55% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Franklin India Balanced Advantage Fund with Other Funds

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Franklin India Balanced Advantage vs Franklin India Aggressive Hybrid86.4% overlap
Franklin India Balanced Advantage vs Franklin India Flexi Cap43.7% overlap
Franklin India Balanced Advantage vs Franklin India Retirement43.4% overlap

Compare with any other fund

Frequently Asked Questions for Franklin India Balanced Advantage Fund

What is the current NAV of Franklin India Balanced Advantage Fund?

The Direct plan NAV is ₹14.7531. The Regular plan NAV is ₹13.8068, as on 30-10-2026.

What are the returns of Franklin India Balanced Advantage Fund?

The Direct plan returned −4.37% in 1 year, +8.90% a year over 3 years. The Regular plan returned −5.72% in 1 year, +7.29% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of Franklin India Balanced Advantage Fund?

The Direct plan charges 0.80% a year. The Regular plan charges 2.22% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Franklin India Balanced Advantage Fund?

Franklin India Balanced Advantage Fund managed ₹2,686.76 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Franklin India Balanced Advantage Fund?

At the end of September 2026 the largest holdings were 0.00% Jubilant Bevco Ltd (31-May-2028) (4.98%), HDFCBANK (3.39%), ICICIBANK (3.33%), 0.00% Jubilant Beverages Ltd (31-May-2028) (3.09%), BHARTIARTL (3.04%). The fund held 81 securities in all.

What did Franklin India Balanced Advantage Fund buy and sell in September 2026?

It bought 2 new stocks: Data Patterns India Ltd, TVS Motor Co Ltd. It sold out of 4: Hindustan Aeronautics Ltd, CESC Ltd, NTPC Ltd, Lemon Tree Hotels Ltd. It added shares in 15. It reduced 5.

How do I invest in Franklin India Balanced Advantage Fund?

Through Franklin Templeton Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least 5000/1. You can invest once or through a monthly SIP.

Who is the fund manager of Franklin India Balanced Advantage Fund?

Rajasa Kakulavarapu (since 06-09-2022), Venkatesh Sanjeevi (since 04-10-2024), Chandni Gupta (since 01-03-2024), Anuj Tagra (since 01-03-2024), Rahul Goswami (since 06-09-2022), Sandeep Manam (since 06-09-2022).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.