Franklin India Balanced Advantage Fund Direct-Growth
Hybrid: Dynamic Asset Allocation - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Hybrid: Dynamic Asset AllocationBenchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index
NAV: ₹15.48-0.13%
07 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Franklin India Balanced Advantage Fund Direct-Growth.
Market Cap Distribution
Large Cap (78.6%)
Mid Cap (7.4%)
Small Cap (14.0%)
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | 56.62% | 60.86% | 59.50% | 54.12% | 54.65% | 53.49% |
| Debt | 30.99% | 28.18% | 33.39% | 33.42% | 33.16% | 32.49% |
| Others (incl. cash) | 12.39% | 10.96% | 7.11% | 12.47% | 12.19% | 14.02% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
75
P/E Ratio
26.45
P/B Ratio
3.80
Top Holding %
12.39%
Top 5 Holdings %
31.93%
Top 10 Holdings %
47.83%
Modified Duration
2.48 yrs
Avg. Maturity
3.28 yrs
Yield to Maturity
7.95%
AUM
₹2,770 Cr
Expense Ratio
0.75%
Since Inception
12.06%
Max Drawdown
-0.08%
Sharpe Ratio
0.71
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 21,30,000 | 158.59 | 5.73% | -0.17%↓ |
| ICICI Bank Ltd. | Financial | 10,70,000 | 134.43 | 4.85% | 0.01%↑ |
| Bharti Airtel Ltd. | Communication | 6,49,000 | 118.7 | 4.29% | -0.11%↓ |
| Reliance Industries Ltd. | Energy | 7,90,000 | 104.37 | 3.77% | -0.28%↓ |
| Larsen & Toubro Ltd. | Construction | 2,19,250 | 89.38 | 3.23% | 0.07%↑ |
| Axis Bank Ltd. | Financial | 6,70,000 | 86.2 | 3.11% | 0.07%↑ |
| State Bank of India | Financial | 8,30,000 | 80.05 | 2.89% | -0.25%↓ |
| Tata Steel Ltd. | Metals & Mining | 29,76,500 | 61.92 | 2.24% | -0.02%↓ |
| NTPC Ltd. | Energy | 15,80,000 | 61.13 | 2.21% | -0.05%↓ |
| Ultratech Cement Ltd. | Materials | 50,000 | 57.41 | 2.07% | -0.00%↓ |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 65,000 | 53.15 | 1.92% | 0.14%↑ |
| Eternal Ltd. | Services | 19,10,000 | 47.86 | 1.73% | 0.04%↑ |
| Infosys Ltd. | Technology | 4,10,000 | 47.6 | 1.72% | -0.02%↓ |
| Mahindra & Mahindra Ltd. | Automobile | 1,44,500 | 44.01 | 1.59% | -0.02%↓ |
| HCL Technologies Ltd. | Technology | 3,55,000 | 42.02 | 1.52% | -0.01%↓ |
| Kirloskar Oil Engines Ltd. | Capital Goods | 2,15,000 | 41.45 | 1.50% | 0.19%↑ |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2,37,500 | 36.52 | 1.32% | -0.01%↓ |
| Marico Ltd. | Consumer Staples | 4,30,000 | 35.33 | 1.28% | 0.08%↑ |
| Interglobe Aviation Ltd. | Services | 75,000 | 33.04 | 1.19% | -0.04%↓ |
| Bharat Electronics Ltd. | Capital Goods | 7,80,300 | 32.05 | 1.16% | -0.05%↓ |
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Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Financial | 17.04% | 18.39% | 17.66% | 16.65% | 15.23% | 14.41% |
| Energy | 5.84% | 6.91% | 6.66% | 5.04% | 5.20% | 5.18% |
| Automobile | 4.22% | 3.89% | 3.70% | 3.52% | 3.43% | 3.79% |
| Services | 3.81% | 4.78% | 4.56% | 4.57% | 4.79% | 4.92% |
| Capital Goods | 3.72% | 4.07% | 3.39% | 3.18% | 3.24% | 2.79% |
| Construction | 3.68% | 3.97% | 3.60% | 3.94% | 3.72% | 3.49% |
| Healthcare | 3.34% | 3.38% | 4.09% | 3.41% | 3.43% | 3.37% |
| Technology | 3.24% | 3.26% | 3.71% | 3.38% | 4.22% | 4.05% |
| Consumer Staples | 2.99% | 3.03% | 3.00% | 2.92% | 3.36% | 3.43% |
| Communication | 2.32% | 2.71% | 2.91% | 2.30% | 2.63% | 2.66% |
| Materials | 2.14% | 1.49% | 1.45% | 1.41% | 1.42% | 1.09% |
| Metals & Mining | 1.85% | 2.18% | 2.03% | 1.11% | 1.02% | 0.93% |
| Insurance | 1.75% | 1.95% | 1.92% | 1.77% | 1.70% | 1.56% |
| Consumer Discretionary | 0.69% | 0.86% | 0.81% | 0.92% | 0.77% | 1.32% |
| Chemicals | - | - | - | - | 0.48% | 0.48% |
Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| AAA | 12.91% | 9.01% |
| Cash | 9.70% | 7.42% |
| AA | 7.58% | 1.27% |
| SOV | 6.47% | 8.68% |
| A1+ | 3.15% | 2.77% |
| Cash & Call Money | 2.69% | 5.12% |
| Others | 0.89% | 0.14% |
| A | - | 0.03% |
| A+ | - | 0.19% |
| A- | - | 0.26% |
| AA+ | - | 1.58% |
| AA- | - | 0.18% |
| BBB+ | - | 0.22% |
| Term Deposits | - | 0.36% |
| Unrated | - | 0.01% |
Equity Insights
A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.
Style Analysis
Value score
50.6 / 100
Weighted average Value score is 50.6. This indicates that portfolio is relatively reasonably valued using composite of value measures.
Price Momentum score
59.5 / 100
Weighted average Price Momentum score is 59.5. This indicates that portfolio has average momentum using composite of momentum measures.
Quality score
73.7 / 100
Weighted average Quality score is 73.7. This indicates that portfolio has average quality using composite of quality measures.
QVM score
70.0 / 100
Weighted average QVM score is 70.0. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Jubilant Bevco Ltd. | Debenture | 0.00% | 31/05/2028 | CRISIL AA | 4.67% |
| Jubilant Beverages Ltd. | Debenture | 0.00% | 31/05/2028 | CRISIL AA | 2.91% |
| RJ Corp Ltd. | Debenture | 7.25% | 08/12/2028 | CRISIL AAA | 1.96% |
| Summit Digitel Infrastructure Pvt. Ltd. | Non Convertible Debenture | 7.87% | 15/03/2030 | CRISIL AAA | 1.83% |
| Poonawalla Fincorp Ltd. | Non Convertible Debenture | 7.65% | 21/04/2027 | CRISIL AAA | 1.81% |
| Bharti Telecom Ltd. | Commercial Paper | 0.00% | 113-D 03/09/2026 | CRISIL A1+ | 1.77% |
| Uttarakhand State | State Development Loan | 7.30% | 01/10/2032 | SOV | 1.25% |
| Bharti Telecom Ltd. | Debenture | 8.65% | 05/11/2027 | CRISIL AAA | 1.14% |
| Maharashtra State | State Development Loan | 7.66% | 04/03/2047 | SOV | 1.13% |
| Mahindra & Mahindra Financial Services Ltd. | Debenture | 0.00% | 18/05/2029 | CRISIL AAA | 1.09% |
| Power Finance Corporation Ltd. | Debenture | 6.92% | 14/04/2032 | CRISIL AAA | 1.07% |
| Bharti Telecom Ltd. | Non Convertible Debenture | 8.75% | 05/11/2029 | CRISIL AAA | 0.96% |
| Kotak Mahindra Prime Ltd. | Debenture | 8.09% | 09/11/2026 | CRISIL AAA | 0.94% |
| Punjab State | State Development Loan | 7.62% | 28/01/2033 | SOV | 0.92% |
| Embassy Office Parks REIT | Debenture | 7.21% | 17/03/2028 | CRISIL AAA | 0.90% |
| Others | Margin Money | 0.00% | 0 | - | 0.89% |
| Uttarakhand State | State Development Loan | 7.64% | 0 | SOV | 0.87% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 19/11/2026 | CARE A1+ | 0.87% |
| REC Ltd. | Bonds | 0.00% | 03/11/2034 | CRISIL AAA | 0.84% |
| GOI | GOI Securities | 7.06% | 10/04/2028 | SOV | 0.74% |
| Punjab State | State Development Loan | 7.48% | 14/01/2031 | SOV | 0.74% |
| Bihar State | State Development Loan | 7.65% | 0 | SOV | 0.58% |
| India Infrastructure Finance Company Ltd. | Bonds/NCDs | 7.47% | 07/11/2027 | CARE AAA | 0.37% |
| Union Bank of India | Certificate of Deposit | 0.00% | 15/03/2027 | IND A1+ | 0.34% |
| GOI | GOI Securities | 7.38% | 20/06/2027 | SOV | 0.18% |
| Union Bank of India | Certificate of Deposit | 0.00% | 0 | ICRA A1+ | 0.17% |
| West Bengal State | State Development Loan | 7.32% | 05/03/2038 | SOV | 0.02% |
| Chhattisgarh State | State Development Loan | 7.32% | 05/03/2037 | SOV | 0.02% |
| Kerala State | State Development Loan | 7.08% | 26/03/2040 | SOV | 0.01% |
| GOI | GOI Securities | 6.90% | 15/04/2065 | SOV | 0.01% |
Frequently Asked Questions
What are the top holdings of Franklin India Balanced Advantage Fund Direct-Growth?
The top holdings of Franklin India Balanced Advantage Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does Franklin India Balanced Advantage Fund Direct-Growth hold in its portfolio?
Franklin India Balanced Advantage Fund Direct-Growth holds 75 securities in its portfolio. The top 5 holdings account for 31.93% of the portfolio and the top 10 for 47.83%.
What is the sector allocation of Franklin India Balanced Advantage Fund Direct-Growth?
The sector allocation of Franklin India Balanced Advantage Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of Franklin India Balanced Advantage Fund Direct-Growth?
As of 31 May 2026, Franklin India Balanced Advantage Fund Direct-Growth has 56.62% in equity, 30.99% in debt and 12.39% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.95%.
What is the market cap allocation of Franklin India Balanced Advantage Fund Direct-Growth?
Franklin India Balanced Advantage Fund Direct-Growth's equity portfolio — Large Cap: 78.56%, Mid Cap: 7.44%, Small Cap: 14.00%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.
Is Franklin India Balanced Advantage Fund Direct-Growth a concentrated or diversified fund?
Franklin India Balanced Advantage Fund Direct-Growth holds 75 securities, with the top 10 accounting for 47.83% of the portfolio and the top 5 for 31.93%. This is a moderately diversified fund balancing conviction positions with risk spread.
What is the credit quality of Franklin India Balanced Advantage Fund Direct-Growth?
The debt holdings of Franklin India Balanced Advantage Fund Direct-Growth are rated as follows — AAA: 12.91%, Cash: 9.70%, AA: 7.58%, SOV: 6.47%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.
How often does Franklin India Balanced Advantage Fund Direct-Growth change its portfolio?
The portfolio currently holds 75 securities with the top 10 accounting for 47.83% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of Franklin India Balanced Advantage Fund Direct-Growth's portfolio?
The weighted average PE ratio of Franklin India Balanced Advantage Fund Direct-Growth's portfolio is 26.45 and the PB ratio is 3.80. The debt portfolio has a modified duration of 2.48 years and an average maturity of 3.28 years. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.
When is the latest portfolio disclosure for Franklin India Balanced Advantage Fund Direct-Growth?
The latest portfolio disclosure for Franklin India Balanced Advantage Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.