Franklin India Balanced Advantage Fund, launched in September 2022, has delivered 13% CAGR over two years, outperforming its benchmark.
Franklin India Balanced Advantage Fund, an open-ended dynamic asset allocation hybrid scheme, has delivered a compounded annual growth of 13 per cent in the last two years against 10 per cent logged by the benchmark, the NIFTY 50 Hybrid Composite Debt 50:50 Index.
Launched in September 2022, the fund has an asset under management of ₹2,700 crore.
Investor returns
A lump sum investment of ₹1 lakh at inception in the fund will be worth ₹14.22 lakh, while a monthly SIP of ₹10,000 since launch would have grown a total investment of ₹3.6 lakh into ₹4.27 lakh as of August-end.
K Rajasa, portfolio manager, Franklin India Balanced Advantage Fund, said the hybrid category has already become fairly large and will grow substantially as the market matures and investors understand their risk-return expectations.
“The Balanced Advantage Fund incorporates market valuations into asset allocation strategy, allocating more to equity when markets are down and less when valuations are high, giving a boost to fund performance, he added.
The fund employs a proprietary asset allocation model that blends qualitative fundamentals with quantitative valuation parameters to dynamically adjust between equity and debt.
The fund looks at the NSE 500 trailing price-to-earnings and price-to-book multiples, taking an average to arrive at the equity allocation quantitatively.
Within equities, the fund adopts a flexi-cap approach, ensuring participation across large-cap, mid-cap, and small-cap opportunities.
Published on September 15, 2025
