Skip to content

Launch offerPay once, own it forever. Lifetime plans from ₹4,999, capped at the first 200 members.See lifetime plans →

Popular

    Franklin India Multi Asset Allocation Fund

    Multi AssetDirect and Regular plans, Growth and IDCW options

    Data as on 30-10-2026

    Franklin India Multi Asset Allocation Fund is a Multi Asset fund run by Franklin Templeton Mutual Fund. On 30-09-2026, it managed ₹2,767 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned 0.7% and its Regular plan returned −0.9%.

    NAV (Direct plan)
    ₹10.56
    ▼ 0.37%30-10-2026
    NAV (Regular plan)
    ₹10.34
    ▼ 0.37%30-10-2026
    Expense ratio
    0.55%Direct1.95%Regular
    Riskometer
    Not available
    Set by the fund house
    1 year return
    0.7%Direct−0.9%Regular

    Franklin India Multi Asset Allocation Fund NAV Today

    NAV on 30-10-2026: Direct Plan Growth ₹10.56 (down 0.37% that day); Regular Plan Growth ₹10.34 (down 0.37% that day).

    Franklin India Multi Asset Allocation Fund Returns vs Multi Asset Funds

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

    Trailing returns
    Period1M3M6M1Y3Y5Y10Y
    This fund (Direct)−1.84%−5.28%−3.50%+0.65%------
    This fund (Regular)−1.95%−5.64%−4.24%−0.94%------
    Multi Asset average−1.71%−3.33%−1.78%+2.00%------
    Best in Multi Asset+0.22%+1.02%+3.21%+8.36%------
    Worst in Multi Asset−3.85%−5.28%−5.92%−3.66%------
    Rank in Multi Asset24/3736/3629/3420/31------

    Category rows compare the Direct plans of 37 Multi Asset funds. Rank 1 is the highest return. This fund's benchmark is 65% Nifty 500+ 20% Nifty Short Duration Index+ 5% Domestic price of gold+ 5% Domestic price of silver+ 5% iCOMDEX. Returns of that index are not available to us, so the category average is the comparison.

    Franklin India Multi Asset Allocation Fund Year-wise Returns

    Return of each calendar year
    YearDirectRegular
    2026to date−3.46%−4.71%

    Franklin India Multi Asset Allocation 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 1-year holding period, plotted on the day it ended. There are 61 periods, one for each trading day from 31-07-2026 to 30-10-2026.

    −5%0%5%10%15%20%
    Aug 2025
    to
    Aug 2026
    Aug 2025
    to
    Aug 2026
    Sept 2025
    to
    Sept 2026
    Sept 2025
    to
    Sept 2026
    Oct 2025
    to
    Oct 2026
    Oct 2025
    to
    Oct 2026
    Franklin India Multi Asset Allocation Fund (Direct)Category average, 37 Multi Asset funds

    Every holding period at a glance

    PeriodPeriodsMedianLowestHighestWith a lossCategory medianBeat category
    1 year619.8%−1.0%14.7%7%10.6%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. "Beat category" counts the periods in which the fund did better than the average of the 37 Multi Asset funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

    Franklin India Multi Asset Allocation Fund Risk

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

    Risk and return

    MeasureFranklin India Multi Asset Allocation Fund (Direct)This fundCategory average
    Return (CAGR)+0.65%+2.25%
    Standard deviation12.79%10.59%
    Sharpe ratio-0.36-0.28
    Sortino ratio-0.48-0.38
    Maximum drawdown−11.6% (23-03-2026)−10.3% (23-03-2026)

    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.

    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%
    2026
    Franklin India Multi Asset Allocation Fund (Direct)Category average, 37 Multi Asset funds
    Worst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Franklin India Multi Asset Allocation Fund (Direct)−11.6%29-01-202623-03-2026Not yet--−8.0%
    Category average−10.3%29-01-202623-03-202621-08-20265 months−6.1%

    From the Direct plan's daily NAV since 31-07-2025, adjusted for unit splits, and the average of the 37 Multi Asset 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 Multi Asset Allocation Fund vs Other Multi Asset Funds

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

    Fund nameRankAUM (Cr)Exp. ratio1Y return3Y return3Y alpha3Y beta3Y Sharpe3Y Sortino
    Quant Multi Asset Allocation Fund1/156,6081.13%+8.36%+21.56%----1.371.95Compare
    Nippon India Multi Asset Allocation Fund2/1518,0440.48%+3.05%+17.96%----1.191.63Compare
    DSP Multi Asset Allocation Fund3/1510,8200.62%+4.15%+17.30%----1.321.84Compare
    Kotak Multi Asset Allocation Fund4/1515,2360.63%+4.34%+16.23%----0.831.11Compare
    WhiteOak Capital Multi Asset Allocation Fund5/159,1110.65%+6.03%+16.11%----1.762.50Compare
    Franklin India Multi Asset Allocation Fund20/312,7670.55%+0.65%----------

    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 Multi Asset Allocation Fund Expense Ratio and Costs

    What each plan charges a year, in force from 22-10-2026

    PlanBase expense ratioBrokerageTransaction costsLevies and GSTTotal expense ratioMulti Asset medianCost rank (1 = cheapest)
    Direct0.40%0.02%0.00%0.13%0.55%0.85%4/37
    Regular1.61%0.02%0.00%0.32%1.95%2.15%12/37

    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 Multi Asset 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 lastRegularDirectDirect earned more by₹1 lakh became (Regular)₹1 lakh became (Direct)
    1 year−0.94%0.65%1.59%₹99,060₹1,00,650

    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 Multi Asset Allocation 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

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 31-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Direct planFranklin India Multi Asset Allocation Fund (Direct) ₹1,60,000 ₹1,58,218 −₹1,782 −1.6%
    Regular planFranklin India Multi Asset Allocation Fund (Regular) ₹1,60,000 ₹1,56,457 −₹3,543 −3.2%
    Category averageCategory average, 37 Multi Asset funds ₹1,60,000 ₹1,61,349 ₹1,349 1.2%
    ₹0₹50,000₹1.0 L₹1.5 L₹2.0 L
    2026
    Direct planFranklin India Multi Asset Allocation Fund (Direct)Regular planFranklin India Multi Asset Allocation Fund (Regular)Category averageCategory average, 37 Multi Asset 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 Multi Asset Allocation Fund Asset Allocation

    Asset allocation as on 30-09-2026

    What the fund holds

    65.8%Equity

    AssetFundCategory
    Equity65.8%58.2%
    Cash and others22.1%25.6%
    Debt12.2%16.2%

    Market cap of stocks

    Market capFundCategory
    Large Cap46.0%35.1%
    Mid Cap5.6%11.8%
    Small Cap14.1%9.3%

    Share of the whole fund. Category: the average of the Multi Asset 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 Multi Asset funds.

    RatingFundCategory
    Sovereign0.5%5.3%
    AAA and A1+11.6%8.2%

    Franklin India Multi Asset Allocation Fund Sector Allocation

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

    Largest sectors

    1. Banks12.1%

    2. Retailing4.6%

    3. Aerospace & Defense3.4%

    4. Auto Components3.3%

    5. Petroleum Products3.2%

    6. IT - Software3.0%

    7. Pharmaceuticals & Biotechnology2.8%

    8. Consumer Durables2.5%

    9. Healthcare Services2.4%

    10. Power2.3%

    The ten largest of 29 sectors. The other 19 add up to 26.3%.

    Sector changes

    SectorJuly 2026August 2026September 2026Change
    Banks13.0%12.6%12.1%−0.9%
    Retailing4.6%4.6%4.6%0.0%
    Aerospace & Defense3.2%3.3%3.4%+0.2%
    Auto Components2.3%3.3%3.3%+1.0%
    Petroleum Products3.8%3.7%3.2%−0.6%

    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 Multi Asset Allocation Fund Portfolio Holdings

    As on 30-09-2026 · 57 holdings · from the fund house's monthly portfolio

    HoldingsSector / RatingWeight%Holdings trend1M change
    Nippon India ETF Gold BeesETFs14.10%
    State Bank of IndiaBanks3.33%0.0%
    Nippon India Silver ETFETFs3.25%
    HDFC Bank LtdBanks3.21%−10.7%
    ICICI Bank LtdBanks2.90%0.0%
    Axis Bank LtdBanks2.65%0.0%
    Eternal LtdRetailing2.38%0.0%
    Reliance Industries LtdPetroleum Products2.36%−15.7%
    Larsen & Toubro LtdConstruction2.24%0.0%
    Knowledge Realty TrustRealty2.12%

    Franklin India Multi Asset Allocation Fund Stocks Bought and Sold

    All changes are between August 2026 and September 2026

    More
    Stocks bought and sold in September 2026
    HDFC Bank LtdReduced−10.7%3.21%
    Reliance Industries LtdReduced−15.7%2.36%
    HCL Technologies LtdReduced−9.1%1.77%
    Syrma SGS Technology LtdReduced−10.0%1.74%
    Tata Steel LtdAdded+16.8%1.47%
    360 One Wam LtdAdded+4.0%1.18%
    Tata Capital LtdAdded+8.4%1.21%
    PB Fintech LtdSold out−100%was 1.17%
    Hindalco Industries LtdAdded+10.0%1.11%
    Eris Lifesciences LtdAdded+4.1%1.10%

    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 Multi Asset Allocation Fund bought and sold

    Franklin India Multi Asset Allocation Fund Portfolio Overlap

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

    FundOverlapHoldings in common
    Franklin India Flexi Cap FundFlexi Cap · Franklin Templeton54.5%38Compare
    Franklin India ELSS Tax Saver FundELSS · Franklin Templeton47.0%30Compare
    Shriram Multi Asset Allocation FundMulti Asset · Shriram43.2%23Compare
    Franklin India Balanced Advantage FundBalanced Advantage · Franklin Templeton39.5%26Compare
    Franklin India Aggressive Hybrid FundAggressive Hybrid · Franklin Templeton39.2%25Compare
    Bandhan Nifty 100 Index FundIndex · Bandhan34.7%25Compare
    SBI BSE 100 ETFETF · SBI34.6%26Compare
    Tata NIFTY 50 Exchange Traded FundIndex · Tata34.5%20Compare

    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 Multi Asset Allocation Fund Overview

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

    Expense ratio (Direct)
    0.55%
    Expense ratio (Regular)
    1.95%
    Category
    Multi Asset
    Risk
    Not available
    Launch date
    31-07-2025
    Minimum investment
    5000/1
    Minimum additional investment
    1000/1
    AUM
    ₹2,766.61 Cr (30-09-2026)
    Lock in
    None
    Scheme code (Direct)
    153731
    ISIN (Direct)
    INF090I01YH0
    Scheme code (Regular)
    153733
    ISIN (Regular)
    INF090I01YM0
    NAV history
    From 31-07-2025, 1.2 years
    Benchmark
    65% Nifty 500+ 20% Nifty Short Duration Index+ 5% Domestic price of gold+ 5% Domestic price of silver+ 5% iCOMDEX
    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>0.50 % - 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 Multi Asset Allocation 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

    PlanOptionNAVAs on
    directGrowth₹10.555530-10-2026
    directIDCW₹10.555530-10-2026
    regularGrowth₹10.344830-10-2026
    regularIDCW₹10.344830-10-2026

    About Franklin India Multi Asset Allocation Fund

    Franklin India Multi Asset Allocation Fund is a mutual fund from Franklin Templeton Mutual Fund. Its category is Multi Asset. It was launched on 31-07-2025. Its benchmark is 65% Nifty 500+ 20% Nifty Short Duration Index+ 5% Domestic price of gold+ 5% Domestic price of silver+ 5% iCOMDEX. At the end of September 2026 it held 57 securities.

    Fund Manager

    • Janakiraman Rengaraju

      Fund manager of Franklin India Multi Asset Allocation Fund, since 31-07-2025

    • Rajasa Kakulavarapu

      Fund manager of Franklin India Multi Asset Allocation Fund, since 31-07-2025

    • Rohan Maru

      Fund manager of Franklin India Multi Asset Allocation Fund, since 31-07-2025

    • Anuj Tagra

      Fund manager of Franklin India Multi Asset Allocation Fund, since 01-10-2026

    • Sandeep Manam

      Fund manager of Franklin India Multi Asset Allocation Fund, since 31-07-2025

    See all funds of Franklin Templeton Mutual Fund

    AUM change

    September 2026
    ₹2,766.61 Cr
    −5.01% from August 2026
    August 2026
    ₹2,912.44 Cr
    +0.79% from July 2026
    July 2026
    ₹2,889.54 Cr
    +2.26% from June 2026

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

    Compare Franklin India Multi Asset Allocation Fund with Other Funds

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

    Frequently Asked Questions for Franklin India Multi Asset Allocation Fund

    What is the current NAV of Franklin India Multi Asset Allocation Fund?

    The Direct plan NAV is ₹10.5555. The Regular plan NAV is ₹10.3448, as on 30-10-2026.

    What are the returns of Franklin India Multi Asset Allocation Fund?

    The Direct plan returned +0.65% in 1 year. The Regular plan returned −0.94% in 1 year. These figures are as on 30-10-2026.

    What is the expense ratio of Franklin India Multi Asset Allocation Fund?

    The Direct plan charges 0.55% a year. The Regular plan charges 1.95% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.

    What is the AUM of Franklin India Multi Asset Allocation Fund?

    Franklin India Multi Asset Allocation Fund managed ₹2,766.61 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

    What are the top holdings of Franklin India Multi Asset Allocation Fund?

    At the end of September 2026 the largest holdings were GOLDBEES (14.10%), SBIN (3.33%), SILVERBEES (3.25%), HDFCBANK (3.21%), ICICIBANK (2.90%). The fund held 57 securities in all.

    What did Franklin India Multi Asset Allocation Fund buy and sell in September 2026?

    It bought 1 new stock: Elgi Equipments Ltd. It sold out of 2: Hindustan Unilever Ltd, PB Fintech Ltd. It added shares in 7. It reduced 5.

    How do I invest in Franklin India Multi Asset Allocation 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 Multi Asset Allocation Fund?

    Janakiraman Rengaraju (since 31-07-2025), Rajasa Kakulavarapu (since 31-07-2025), Rohan Maru (since 31-07-2025), Anuj Tagra (since 01-10-2026), Sandeep Manam (since 31-07-2025).

    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.

    Track Franklin India Multi Asset Allocation Fund in WealthGamma

    Add this fund once. WealthGamma updates its value every day and shows it next to your stocks, gold, deposits and loans.

    PAN not required · No broker linking · No OTPs