NFO Monitor

Fund Fact

Name of Funds:

Franklin India Balanced Advantage Fund

Opening:

16th August 2022

Closing:

30th August 2022

Minimum Investment:

Rs. 5000/- and in multiples of Re. 1/- thereafter.

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV above 1000 units

Fund Stats

Objective:

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.

Benchmark:

BSE 500

Fund Manager:

Rajasa Kakulavarapu, Umesh Sharma, Sandeep Manam

Asset Allocation

0-100% Equity 0-100% Money Market

Comparable existing schemes

ICICI Prudential Balanced Advantage	8.53(6M)	8.01(1Y)
Edelweiss Balanced Advantage	6.23(6M)	1.71(1Y)

Fund Prognosis

Idea Distiller

The fund house has taken its time to come to a category that potentially could become the largest category in the fund industry by number of folios as it is a retail oriented product. Better late than never as it treads a slow move back to prominence.

Fund House AAUM:
Rs. 60,01,666.32Lakhs (as on 30th June 2022)
Fund Manager:
Combined experience of above 16 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Frankly none. There are just too many schemes that have moved into the limelight and it is a crowded space. And there are fund managers and houses that have got a good learning curve over difficult times and I would suggest those rather than a newbie.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028