Franklin India Balanced Advantage Fund- Growth

Franklin India Balanced Advantage Fund- Growth is a scheme launched by Franklin Mutual Fund on September 06, 2022, and falls under the Dynamic Asset Allocation fund category. It currently manages an AUM of Rs 2,738.36 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.97% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Franklin India Balanced Advantage Fund- Growth trailing returns over different times are 3.38% (1 year), 13.22% (3 year) and 0% (5 year). The average annual return of this fund stands at 3.08%.