Franklin India Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹14.24-1.34%1 day
- Return since launch
- 9.5%
- 52-week range
- ₹13.45 — ₹14.70
- AUM
- ₹2,823 Cr
Franklin India Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from Franklin Templeton Mutual Fund with ₹2,823 Cr under management, launched in 2022. Over three years it has returned 3.2% a year, against 8.3% for its category. The expense ratio is 2.17% and the SEBI riskometer reading is Very High.
Performance
Franklin India Balanced Advantage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.9% against +0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -1.9% | −2.5 pts | 0.6% | -0.5% |
| 2Y | 0.4% | −1.1 pts | 1.5% | 1.6% |
| 3Y | 3.2% | −5.1 pts | 8.3% | 3.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.7% | 0.0 pts | -2.6% | -2.7% |
| 3M | -1.3% | −0.8 pts | -0.5% | -0.5% |
| 6M | 3.1% | −1.1 pts | 4.2% | 4.1% |
| 1Y | -0.9% | −1.5 pts | 0.6% | 0.7% |
| 2Y | 0.5% | +0.4 pts | 0.1% | 0.3% |
| 3Y | 8.1% | −0.2 pts | 8.3% | 7.9% |
Since launch (16 Aug 2022): 9.5%
Calendar-year returns
Category average19.0%
15.2%
4.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 4.2% | −2.4 pts | 6.7% |
| 2024 | 15.2% | +1.0 pts | 14.2% |
| 2023 | 19.0% | −1.0 pts | 20.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.22%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.69%
- Brokerage
- 0.06%
- Transaction charges
- 0.01%
- Statutory levies
- 0.46%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 1.29 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.45 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.55 | 0.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 7.95 | 10.95 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Franklin India Balanced Advantage Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity61.8%
- Debt30.7%
- Other7.5%
Market cap split
- Large61.3%
- Mid15.8%
- Small23.0%
- P/E
- 28.00
- P/B
- 3.79
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 8.19% | ₹231 Cr | +29.10% | +33.59% | +49.81% |
| Jubilant Bevco Ltd. | Consumer Staples | 4.71% | ₹133 Cr | +4.67% | +4.52% | +4.53% |
| HDFC Bank Ltd. | Financial | 3.17% | ₹89.54 Cr | -3.53% | -2.61% | -3.69% |
| Jubilant Beverages Ltd. | Consumer Staples | 2.93% | ₹82.66 Cr | +2.91% | +2.61% | +2.97% |
| ICICI Bank Ltd. | Financial | 2.74% | ₹77.25 Cr | -1.60% | -2.73% | -1.96% |
| Axis Bank Ltd. | Financial | 2.65% | ₹74.75 Cr | +3.11% | +2.90% | -0.66% |
| State Bank of India | Financial | 2.63% | ₹74.20 Cr | +2.89% | -0.51% | -0.11% |
| Mahindra & Mahindra Ltd. | Automobile | 2.21% | ₹62.36 Cr | +1.59% | +1.35% | +0.93% |
| Bharti Telecom Ltd. | Communication | 2.10% | ₹59.39 Cr | +3.53% | +1.85% | +2.03% |
| RJ Corp Ltd. | Consumer Staples | 1.97% | ₹55.68 Cr | +1.96% | +1.89% | — |
| Eternal Ltd. | Services | 1.97% | ₹55.51 Cr | -0.31% | -0.17% | -0.11% |
| Larsen & Toubro Ltd. | Construction | 1.93% | ₹54.52 Cr | -1.40% | -0.95% | -1.76% |
| Reliance Industries Ltd. | Energy | 1.89% | ₹53.48 Cr | -1.34% | -1.63% | -2.19% |
| Poonawalla Fincorp Ltd. | Financial | 1.81% | ₹51.23 Cr | +1.81% | +1.86% | +1.88% |
| Bharat Electronics Ltd. | Capital Goods | 1.81% | ₹50.98 Cr | -0.32% | -0.27% | -0.60% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 1.80% | ₹50.85 Cr | +1.83% | +1.80% | +1.90% |
| Bharti Airtel Ltd. | Communication | 1.80% | ₹50.71 Cr | -3.92% | -3.60% | -2.70% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.43% | ₹40.40 Cr | +1.32% | +1.03% | +0.47% |
| Maharashtra State | Others | 1.33% | ₹37.55 Cr | +1.13% | — | — |
| Interglobe Aviation Ltd. | Services | 1.32% | ₹37.16 Cr | -0.14% | +0.78% | +0.57% |
| Ultratech Cement Ltd. | Materials | 1.29% | ₹36.31 Cr | -1.61% | -1.26% | -1.51% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 1.24% | ₹35.00 Cr | +1.50% | +0.80% | +0.38% |
| company:3911 | Energy | 1.23% | ₹34.70 Cr | — | — | — |
| Infosys Ltd. | Technology | 1.23% | ₹34.69 Cr | +1.72% | +1.78% | -0.86% |
| Britannia Industries Ltd. | Consumer Staples | 1.21% | ₹34.13 Cr | +1.13% | +1.15% | — |
| company:20770 | Capital Goods | 1.20% | ₹34.00 Cr | — | — | — |
| Ashok Leyland Ltd. | Automobile | 1.18% | ₹33.37 Cr | +0.98% | +1.03% | — |
| RBL Bank Ltd. | Financial | 1.15% | ₹32.33 Cr | — | — | — |
| Metropolis Healthcare Ltd. | Healthcare | 1.14% | ₹32.20 Cr | +1.13% | +0.77% | +0.76% |
| Marico Ltd. | Consumer Staples | 1.13% | ₹31.98 Cr | +1.28% | +1.19% | -0.10% |
| Cipla Ltd. | Healthcare | 1.12% | ₹31.71 Cr | — | — | — |
| Global Health Ltd. | Healthcare | 1.08% | ₹30.61 Cr | — | — | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.08% | ₹30.54 Cr | +1.09% | — | — |
| Power Finance Corporation Ltd. | Financial | 1.08% | ₹30.42 Cr | +1.07% | +1.04% | +1.14% |
| The Phoenix Mills Ltd. | Construction | 1.01% | ₹28.50 Cr | +1.15% | +0.93% | — |
| PB Fintech Ltd. | Services | 1.00% | ₹28.13 Cr | -0.08% | -0.07% | +0.94% |
| Pine Labs Ltd. | Financial | 0.99% | ₹27.89 Cr | +0.52% | — | — |
| company:20546 | Capital Goods | 0.99% | ₹27.80 Cr | — | — | — |
| SBI Funds Management Ltd. | Financial | 0.96% | ₹27.14 Cr | — | — | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.95% | ₹26.73 Cr | — | — | — |
| Tata Steel Ltd. | Metals & Mining | 0.94% | ₹26.41 Cr | -1.08% | -0.90% | -0.75% |
| company:19131 | Services | 0.93% | ₹26.18 Cr | — | — | — |
| company:953 | Healthcare | 0.92% | ₹25.97 Cr | — | — | — |
| National Bank For Agriculture & Rural Development | Financial | 0.91% | ₹25.76 Cr | — | +0.54% | +0.97% |
| Bajaj Finance Ltd. | Financial | 0.90% | ₹25.53 Cr | — | — | — |
| Punjab State | Others | 0.90% | ₹25.27 Cr | +0.92% | +0.89% | — |
| Embassy Office Parks REIT | Construction | 0.89% | ₹25.11 Cr | +0.90% | +0.88% | +1.67% |
| Reserve Bank of India | Financial | 0.88% | ₹24.90 Cr | — | — | — |
| Eris Lifesciences Ltd. | Healthcare | 0.87% | ₹24.51 Cr | +0.76% | +0.54% | +0.79% |
| Suzlon Energy Ltd. | Capital Goods | 0.87% | ₹24.47 Cr | — | — | — |
| Angel One Ltd. | Financial | 0.86% | ₹24.39 Cr | +0.49% | +0.41% | +0.16% |
| Amber Enterprises India Ltd. | Consumer Discretionary | 0.86% | ₹24.38 Cr | +0.69% | +0.92% | +0.78% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.86% | ₹24.29 Cr | +0.91% | +0.73% | +0.50% |
| REC Ltd. | Financial | 0.86% | ₹24.27 Cr | +0.84% | +1.38% | +1.43% |
| company:3916 | Capital Goods | 0.86% | ₹24.22 Cr | — | — | — |
| Uttarakhand State | Others | 0.85% | ₹23.98 Cr | +0.87% | +0.85% | — |
| Asian Paints Ltd. | Materials | 0.85% | ₹23.88 Cr | +0.87% | — | — |
| company:12612 | Services | 0.84% | ₹23.80 Cr | — | — | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 0.82% | ₹23.18 Cr | — | — | — |
| company:19482 | Automobile | 0.78% | ₹22.05 Cr | — | — | — |
| Exide Industries Ltd. | Capital Goods | 0.78% | ₹22.01 Cr | — | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.68% | ₹19.21 Cr | +0.93% | +0.68% | — |
| 360 One Wam Ltd. | Financial | 0.62% | ₹17.63 Cr | — | — | — |
| Aptus Value Housing Finance India Ltd. | Financial | 0.62% | ₹17.42 Cr | — | — | — |
| CESC Ltd. | Energy | 0.61% | ₹17.31 Cr | +0.92% | +0.83% | +0.57% |
| Emmvee Photovoltaic Power Ltd. | Energy | 0.59% | ₹16.73 Cr | — | — | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 0.59% | ₹16.73 Cr | +0.48% | +0.56% | +0.51% |
| Bihar State | Others | 0.57% | ₹16.00 Cr | +0.58% | +0.56% | — |
| company:8290 | Materials | 0.39% | ₹10.91 Cr | — | — | — |
| India Infrastructure Finance Company Ltd. | Construction | 0.38% | ₹10.61 Cr | +0.37% | +0.36% | +0.39% |
| Kerala State | Others | 0.23% | ₹6.37 Cr | +0.01% | +0.01% | +0.01% |
| GOI | Sovereign | 0.17% | ₹4.93 Cr | +0.18% | +0.17% | +0.18% |
| Himachal Pradesh State | Others | 0.15% | ₹4.37 Cr | — | — | — |
| Lemon Tree Hotels Ltd. | Services | 0.04% | ₹1.27 Cr | +0.57% | +0.32% | +0.82% |
| Chhattisgarh State | Others | 0.02% | ₹0.53 Cr | +0.02% | +0.02% | +0.02% |
| West Bengal State | Others | 0.02% | ₹0.50 Cr | +0.02% | +0.02% | +0.74% |
| NTPC Ltd. | Energy | 0.00% | ₹0.05 Cr | -0.76% | -0.88% | -0.57% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Axis Bank Ltd. | -0.14% | 2.65% | +2.78% |
| Eternal Ltd. | -0.23% | 1.97% | +2.20% |
| Others | 7.28% | 5.31% | -1.97% |
| Tata Steel Ltd. | -0.97% | 0.94% | +1.91% |
| HCL Technologies Ltd. | 1.69% | 0.00% | -1.69% |
| Interglobe Aviation Ltd. | -0.16% | 1.32% | +1.48% |
| company:3911 | 0.00% | 1.23% | +1.23% |
| company:20770 | 0.00% | 1.20% | +1.20% |
| company:20546 | 0.00% | 0.99% | +0.99% |
| company:19131 | 0.00% | 0.93% | +0.93% |
| company:953 | 0.00% | 0.92% | +0.92% |
| company:3916 | 0.00% | 0.86% | +0.86% |
| company:12612 | 0.00% | 0.84% | +0.84% |
| company:19482 | 0.00% | 0.78% | +0.78% |
| Hindustan Unilever Ltd. | 0.67% | 0.00% | -0.67% |
| Maruti Suzuki India Ltd. | 0.65% | 0.00% | -0.65% |
| Motherson Sumi Wiring India Ltd. | 0.62% | 0.00% | -0.62% |
| Bharat Electronics Ltd. | 1.20% | 1.81% | +0.60% |
| Lemon Tree Hotels Ltd. | 0.54% | 0.04% | -0.49% |
| ASK Automotive Ltd. | 0.45% | 0.00% | -0.45% |
| Angel One Ltd. | 0.42% | 0.86% | +0.44% |
| Infosys Ltd. | 1.63% | 1.23% | -0.41% |
| company:8290 | 0.00% | 0.39% | +0.39% |
| State Bank of India | 2.98% | 2.63% | -0.35% |
| RBL Bank Ltd. | 0.79% | 1.15% | +0.35% |
| Hindustan Aeronautics Ltd. | 0.98% | 0.68% | -0.30% |
| Mahindra & Mahindra Ltd. | 1.94% | 2.21% | +0.27% |
| Bharti Airtel Ltd. | -2.05% | -1.80% | +0.26% |
| Emmvee Photovoltaic Power Ltd. | 0.34% | 0.59% | +0.25% |
| Lenskart Solutions Ltd. | 0.59% | 0.82% | +0.23% |
| CESC Ltd. | 0.82% | 0.61% | -0.20% |
| Maharashtra State | 1.14% | 1.33% | +0.19% |
| The Phoenix Mills Ltd. | 0.83% | 1.01% | +0.17% |
| Reliance Industries Ltd. | -0.46% | -0.29% | +0.17% |
| Ashok Leyland Ltd. | 1.03% | 1.18% | +0.16% |
| Pine Labs Ltd. | 0.83% | 0.99% | +0.15% |
| PB Fintech Ltd. | 0.85% | 1.00% | +0.15% |
| HDFC Bank Ltd. | -0.49% | -0.60% | -0.11% |
| Metropolis Healthcare Ltd. | 1.03% | 1.14% | +0.11% |
| Larsen & Toubro Ltd. | -0.74% | -0.65% | +0.09% |
| Himachal Pradesh State | 0.24% | 0.15% | -0.09% |
| Eris Lifesciences Ltd. | 0.78% | 0.87% | +0.08% |
| JSW Infrastructure Ltd. | 0.08% | 0.00% | -0.08% |
| Marico Ltd. | 1.20% | 1.13% | -0.06% |
| Aptus Value Housing Finance India Ltd. | 0.55% | 0.62% | +0.06% |
| Ultratech Cement Ltd. | -0.81% | -0.74% | +0.06% |
| Global Health Ltd. | 1.03% | 1.08% | +0.06% |
| Dixon Technologies (India) Ltd. | 0.89% | 0.95% | +0.05% |
| Kirloskar Oil Engines Ltd. | 1.29% | 1.24% | -0.05% |
| Cipla Ltd. | 1.17% | 1.12% | -0.05% |
| Jubilant Bevco Ltd. | 4.67% | 4.71% | +0.04% |
| Suzlon Energy Ltd. | 0.83% | 0.87% | +0.04% |
| Britannia Industries Ltd. | 1.24% | 1.21% | -0.03% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.56% | 0.59% | +0.03% |
| ICICI Lombard General Insurance Company Ltd. | 0.89% | 0.86% | -0.03% |
| Asian Paints Ltd. | 0.87% | 0.85% | -0.03% |
| ICICI Bank Ltd. | -0.88% | -0.91% | -0.02% |
| Amber Enterprises India Ltd. | 0.84% | 0.86% | +0.02% |
| 360 One Wam Ltd. | 0.60% | 0.62% | +0.02% |
| Jubilant Beverages Ltd. | 2.91% | 2.93% | +0.02% |
| NTPC Ltd. | -0.33% | -0.31% | +0.02% |
| Poonawalla Fincorp Ltd. | 1.80% | 1.81% | +0.02% |
| SBI Funds Management Ltd. | 0.98% | 0.96% | -0.02% |
| REC Ltd. | 0.85% | 0.86% | +0.01% |
| Exide Industries Ltd. | 0.79% | 0.78% | -0.01% |
| RJ Corp Ltd. | 1.96% | 1.97% | +0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 1.42% | 1.43% | +0.01% |
| SBFC Finance Ltd. | 0.01% | 0.00% | -0.01% |
| National Bank For Agriculture & Rural Development | 0.90% | 0.91% | +0.01% |
| Reserve Bank of India | 0.87% | 0.88% | +0.01% |
| Embassy Office Parks REIT | 0.88% | 0.89% | +0.01% |
| Bharti Telecom Ltd. | 0.95% | 0.96% | +0.01% |
| Summit Digitel Infrastructure Pvt. Ltd. | 1.79% | 1.80% | +0.01% |
| Mahindra & Mahindra Financial Services Ltd. | 1.08% | 1.08% | +0.01% |
| Power Finance Corporation Ltd. | 1.08% | 1.08% | -0.01% |
| Bajaj Finance Ltd. | 0.90% | 0.90% | 0.00% |
| India Infrastructure Finance Company Ltd. | 0.37% | 0.38% | 0.00% |
| Data Patterns (India) Ltd. | 0.00% | 0.00% | 0.00% |
| Punjab State | 0.89% | 0.90% | 0.00% |
| GOI | 0.17% | 0.17% | 0.00% |
| Bihar State | 0.57% | 0.57% | 0.00% |
| Uttarakhand State | 0.85% | 0.85% | 0.00% |
| Kerala State | 0.22% | 0.23% | 0.00% |
| West Bengal State | 0.02% | 0.02% | 0.00% |
| Chhattisgarh State | 0.02% | 0.02% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹39,803 Cr | 1.98% | 0.3% | 5.2% | 9.8% |
 HDFC Balanced Advantage Fund | ₹1,07,296 Cr | 1.31% | -3.8% | 3.3% | 10.5% |
 ICICI Prudential Balanced Advantage Fund | ₹75,399 Cr | 1.57% | 1.2% | 6.7% | 9.4% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹10,125 Cr | 1.95% | 4.6% | 7.5% | 9.6% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,343 Cr | 2.05% | 1.4% | 6.3% | 9.6% |
 Quant Dynamic Asset Allocation Fund | ₹852 Cr | 3.03% | -2.1% | 2.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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.
Fund managers
- Anuj TagraMr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management StudiesPrior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential AMC, Union Bank of India and Fidelity Investments.
- Chandni GuptaShe holds B.E. degree in IT and CFA degree from CFA Institute, USA.Prior to joining Franklin India Mutual Fund, she has worked with ICICI Prudential Asset Management Company Limited Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.
- Rahul GoswamiMr. Goswami is a B. Sc (Mathematics and MBA (Finance)Prior to joining Franklin Templeton Mutual Fund, he has worked with ICICI Prudential AMC , UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
- Rajasa KakulavarapuMs. Kakulavarapu has done B.Tech and MBA.Prior to joining Franklin Templeton Mutual Fund, she has worked with Jefferies India Pvt. Ltd. and Credit Suisse Securities (India) Pvt. Ltd.
- Venkatesh SanjeeviMr. Sanjeevi is a PGDM (IIM- Ahmedabad), CA, B.ComPrior to joining Franklin Templeton Asset Management (India) Pvt. Ltd., he has worked with Pictet Asset Management, London, ICICI Prudential AMC, Edelweiss Asset Mgmt. Ltd., Edelweiss Securities Ltd. and Hindustan Unilever Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.09% absolute | ₹60,000 | ₹61,854 | 3.09% | |
| 1 year−0.90% annualised | ₹1,20,000 | ₹1,19,417 | −0.49% | |
| 3 years8.07% annualised | ₹3,60,000 | ₹4,08,513 | 13.48% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Franklin India Balanced Advantage Fund?
The NAV of Franklin India Balanced Advantage Fund is ₹14.24 as on 24 Sep 2026.
What is the expense ratio of Franklin India Balanced Advantage Fund?
The expense ratio of Franklin India Balanced Advantage Fund is 2.17% per year.
What is the minimum SIP amount for Franklin India Balanced Advantage Fund?
You can start a SIP in Franklin India Balanced Advantage Fund with ₹3,000 a month.
Is there a lock-in or exit load on Franklin India Balanced Advantage Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year..
How risky is Franklin India Balanced Advantage Fund?
Franklin India Balanced Advantage Fund is rated Very High on the SEBI riskometer and belongs to the Dynamic Asset Allocation category.
Which fund house manages Franklin India Balanced Advantage Fund?
Franklin India Balanced Advantage Fund is managed by Franklin Templeton Mutual Fund, which runs 38 schemes with ₹1,27,382 Cr under management.