Franklin India Dynamic Asset Allocation Active Fund of Funds

Fund of FundsDirect and Regular plans, Growth and IDCW options

Data as on 29-10-2026

Franklin India Dynamic Asset Allocation Active Fund of Funds is a mutual fund run by Franklin Templeton Mutual Fund. On 30-09-2026, it managed ₹1,192 Cr of investors' money. In the 3 years to 29-10-2026, its Direct plan returned 8.2% a year and its Regular plan returned 7.2% a year.

NAV (Direct plan): ₹184.50; ▲ 0.67%29-10-2026
NAV (Regular plan): ₹161.36; ▲ 0.67%29-10-2026
Expense ratio: 1.03%Direct1.90%Regular; 1.03%; A year
Riskometer: Not available; Set by the fund house
3 year return: 8.2%Direct7.2%Regular; 8.2%; A year

Franklin India Dynamic Asset Allocation Active Fund of Funds NAV Today

NAV on 29-10-2026: Direct Plan Growth ₹184.50 (up 0.67% that day); Regular Plan Growth ₹161.36 (up 0.67% that day).

This fund (Direct plan)

₹184.4977

Franklin India Dynamic Asset Allocation Active Fund of Funds Returns

Returns as on 29-10-2026. 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)	−0.06%	−3.33%	−1.16%	−3.36%	+8.18%	+9.31%	+10.07%
This fund (Regular)	−0.13%	−3.55%	−1.59%	−4.20%	+7.21%	+8.30%	+8.99%
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. This fund's benchmark is CRISIL Hybrid 50+50 - Moderate Index. Returns of that index are not available to us.

Franklin India Dynamic Asset Allocation Active Fund of Funds Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−3.15%	−3.84%
2025	+6.28%	+5.31%
2024	+13.92%	+12.88%
2023	+22.73%	+21.61%
2022	+8.15%	+7.11%
2021	+37.66%	+36.25%

Franklin India Dynamic Asset Allocation Active Fund of Funds 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 2,620 periods, one for each trading day from 01-01-2016 to 29-10-2026.

−5%0%5%10%15%20%25%30%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

Franklin India Dynamic Asset Allocation Active Fund of Funds (Direct)

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	3,096	9.8%	−26.9%	56.3%	9%
2 years	2,861	12.3%	−10.8%	34.5%	7%
3 years	2,620	11.6%	−5.1%	26.3%	5%
5 years	2,137	11.2%	0.7%	23.1%	0%
7 years	1,655	10.6%	4.6%	12.8%	0%
10 years	926	11.5%	9.9%	13.2%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	154	10.5%	−41.7%	51.9%	10%
2 years	142	11.2%	−23.0%	34.0%	7%
3 years	130	11.7%	−14.5%	21.5%	6%
5 years	106	12.0%	−5.2%	20.2%	7%
7 years	82	11.9%	−0.1%	16.4%	1%
10 years	46	12.6%	10.4%	13.9%	0%

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. Past returns do not promise future returns.

Franklin India Dynamic Asset Allocation Active Fund of Funds Risk

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

Risk and return

Measure	Franklin India Dynamic Asset Allocation Active Fund of Funds (Direct)This fund
Return (CAGR)	−3.36%
Standard deviation	8.05%
Sharpe ratio	-1.07
Sortino ratio	-1.44
Maximum drawdown	−7.7% (30-03-2026)

From daily NAVs, 29-10-2025 to 29-10-2026. 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 Dynamic Asset Allocation Active Fund of Funds (Direct)This fund
Return (CAGR)	+8.18%
Standard deviation	6.78%
Sharpe ratio	0.32
Sortino ratio	0.44
Maximum drawdown	−7.7% (30-03-2026)

From daily NAVs, 27-10-2023 to 29-10-2026. 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 Dynamic Asset Allocation Active Fund of Funds (Direct)This fund
Return (CAGR)	+9.31%
Standard deviation	6.99%
Sharpe ratio	0.50
Sortino ratio	0.70
Maximum drawdown	−7.7% (30-03-2026)

From daily NAVs, 29-10-2021 to 29-10-2026. 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 Dynamic Asset Allocation Active Fund of Funds (Direct)This fund
Return (CAGR)	+10.07%
Standard deviation	9.66%
Sharpe ratio	0.48
Sortino ratio	0.59
Maximum drawdown	−30.9% (18-05-2020)

From daily NAVs, 28-10-2016 to 29-10-2026. 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 Dynamic Asset Allocation Active Fund of Funds (Direct)This fund
Return (CAGR)	+10.56%
Standard deviation	9.37%
Sharpe ratio	0.48
Sortino ratio	0.61
Maximum drawdown	−30.9% (18-05-2020)

From daily NAVs, 01-01-2013 to 29-10-2026. 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.

−40%−30%−20%−10%0%

2014201620182020202220242026

Franklin India Dynamic Asset Allocation Active Fund of Funds (Direct)

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Franklin India Dynamic Asset Allocation Active Fund of Funds (Direct)	−30.9%	15-01-2020	18-05-2020	15-02-2021	9 months	−4.4%

From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.

Franklin India Dynamic Asset Allocation Active Fund of Funds Expense Ratio and Costs

What each plan charges a year, in force from 29-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.87%	0.00%	0.00%	0.16%	1.03%
Regular	1.62%	0.00%	0.00%	0.28%	1.90%

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.

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	−4.20%	−3.36%	0.84%	₹95,800	₹96,640
3 years	7.21%	8.18%	0.97% a year	₹1,23,227	₹1,26,602
5 years	8.30%	9.31%	1.01% a year	₹1,48,985	₹1,56,063
10 years	8.99%	10.07%	1.08% a year	₹2,36,519	₹2,61,030

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 Dynamic Asset Allocation Active Fund of Funds 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 01-01-2013 to 29-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planFranklin India Dynamic Asset Allocation Active Fund of Funds (Direct)	₹16,60,000	₹35,88,369	₹19,28,369	10.5%
Regular planFranklin India Dynamic Asset Allocation Active Fund of Funds (Regular)	₹16,60,000	₹33,03,698	₹16,43,698	9.4%

₹0₹10.0 L₹20.0 L₹30.0 L₹40.0 L

2014201620182020202220242026

Direct planFranklin India Dynamic Asset Allocation Active Fund of Funds (Direct)Regular planFranklin India Dynamic Asset Allocation Active Fund of Funds (Regular)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 Dynamic Asset Allocation Active Fund of Funds Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.0%Cash and others

Asset	Fund
Cash and others	100.0%

Franklin India Dynamic Asset Allocation Active Fund of Funds Portfolio Holdings

As on 30-09-2026 · 6 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
Franklin India Flexi Cap Fund-Direct Growth Plan (Formerly known as Franklin India Equity Fund)		60.88%
Franklin India Corporate Bond Fund - Direct Plan - Growth		21.40%
ICICI Prudential Short Term Fund Direct - Growth Plan		8.32%
Franklin India Banking & Psu Debt Fund - Direct Plan - Growth		7.74%
Franklin India Short Term Income Plan-Segregated Portfolio 3- 9.50% Yes Bank Ltd CO 23 Dec 2021-Direct-Growth Plan		0.00%
Franklin India Dynamic Accrual Fund- Segregated Portfolio 3- 9.50% Yes Bank Ltd CO 23 Dec 2021-Direct-Growth Plan		0.00%

Franklin India Dynamic Asset Allocation Active Fund of Funds Portfolio Overlap

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

Fund	Overlap	Holdings in common
Franklin India Income Plus Arbitrage Active Fund of FundsFund of Funds · Franklin Templeton	19.7%	2	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 Dynamic Asset Allocation Active Fund of Funds Overview

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

Expense ratio (Direct): 1.03%
Expense ratio (Regular): 1.90%
Category: Fund of Funds
Risk: Not available
Benchmark: CRISIL Hybrid 50+50 - Moderate Index
Launch date: 31-10-2003
Minimum investment: 5000/1
Minimum additional investment: 1000/1
AUM: ₹1,191.97 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 118543
ISIN (Direct): INF090I01HV6
Scheme code (Regular): 101656
ISIN (Regular): INF090I01262
NAV history: From 01-01-2013, 13.8 years

Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Tax on Franklin India Dynamic Asset Allocation Active Fund of Funds 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	₹184.4977	29-10-2026
direct	IDCW	₹45.4085	29-10-2026
regular	Growth	₹161.3639	29-10-2026
regular	IDCW	₹38.2339	29-10-2026

About Franklin India Dynamic Asset Allocation Active Fund of Funds

Franklin India Dynamic Asset Allocation Active Fund of Funds is a mutual fund from Franklin Templeton Mutual Fund. Its category is Fund of Funds. It was launched on 31-10-2003. Its benchmark is CRISIL Hybrid 50+50 - Moderate Index. At the end of September 2026 it held 6 securities.

Fund Manager

Rajasa Kakulavarapu
Fund manager of Franklin India Dynamic Asset Allocation Active Fund of Funds, since 07-02-2022
Venkatesh Sanjeevi
Fund manager of Franklin India Dynamic Asset Allocation Active Fund of Funds, since 04-10-2024
Chandni Gupta
Fund manager of Franklin India Dynamic Asset Allocation Active Fund of Funds, since 13-03-2026

See all funds of Franklin Templeton Mutual Fund

AUM change

September 2026: ₹1,191.97 Cr; −4.05% from August 2026
August 2026: ₹1,242.33 Cr; −0.31% from July 2026
July 2026: ₹1,246.24 Cr; +0.43% from June 2026

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

Compare Franklin India Dynamic Asset Allocation Active Fund of Funds with Other Funds

Returns, risk, costs and the stocks they share, side by side

Franklin India Dynamic Asset Allocation Active Fund of Funds vs Franklin India Income Plus Arbitrage Active Fund of Funds19.7% overlap

Compare with any other fund

Frequently Asked Questions for Franklin India Dynamic Asset Allocation Active Fund of Funds

What is the current NAV of Franklin India Dynamic Asset Allocation Active Fund of Funds?

The Direct plan NAV is ₹184.4977. The Regular plan NAV is ₹161.3639, as on 29-10-2026.

What are the returns of Franklin India Dynamic Asset Allocation Active Fund of Funds?

The Direct plan returned −3.36% in 1 year, +8.18% a year over 3 years, +9.31% a year over 5 years. The Regular plan returned −4.20% in 1 year, +7.21% a year over 3 years, +8.30% a year over 5 years. These figures are as on 29-10-2026.

What is the expense ratio of Franklin India Dynamic Asset Allocation Active Fund of Funds?

The Direct plan charges 1.03% a year. The Regular plan charges 1.90% a year. This is the figure the fund house reported to AMFI, in force from 29-09-2026.

What is the AUM of Franklin India Dynamic Asset Allocation Active Fund of Funds?

Franklin India Dynamic Asset Allocation Active Fund of Funds managed ₹1,191.97 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Franklin India Dynamic Asset Allocation Active Fund of Funds?

At the end of September 2026 the largest holdings were Franklin India Flexi Cap Fund-Direct Growth Plan (Formerly known as Franklin India Equity Fund) (60.88%), Franklin India Corporate Bond Fund - Direct Plan - Growth (21.40%), ICICI Prudential Short Term Fund Direct - Growth Plan (8.32%), Franklin India Banking & Psu Debt Fund - Direct Plan - Growth (7.74%), Franklin India Short Term Income Plan-Segregated Portfolio 3- 9.50% Yes Bank Ltd CO 23 Dec 2021-Direct-Growth Plan (0.00%). The fund held 6 securities in all.

How do I invest in Franklin India Dynamic Asset Allocation Active Fund of Funds?

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 Dynamic Asset Allocation Active Fund of Funds?

Rajasa Kakulavarapu (since 07-02-2022), Venkatesh Sanjeevi (since 04-10-2024), Chandni Gupta (since 13-03-2026).

What is the exit load of Franklin India Dynamic Asset Allocation Active Fund of Funds?

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

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.