Franklin India Dynamic Asset Allocation Active FoF
- NAV as on 24 Sep 2026
- ₹163.30-1.32%1 day
- Return since launch
- 13.0%
- 52-week range
- ₹155.45 — ₹169.06
- AUM
- ₹1,242 Cr
Franklin India Dynamic Asset Allocation Active FoF is a Dynamic Asset Allocation hybrid fund from Franklin Templeton Mutual Fund with ₹1,242 Cr under management, launched in 2003. Over three years it has returned 3.0% a year, against 8.3% for its category. The expense ratio is 1.83% and the SEBI riskometer reading is High.
Performance
Franklin India Dynamic Asset Allocation Active FoF NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.1% against +2.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -2.2% | −3.6 pts | 1.4% | 0.1% |
| 2Y | 0.5% | −1.3 pts | 1.7% | 1.9% |
| 3Y | 3.0% | −5.3 pts | 8.3% | 3.9% |
| 5Y | 7.6% | −0.2 pts | 7.8% | 7.2% |
| 7Y | 10.5% | +1.3 pts | 9.2% | 8.6% |
| 10Y | 9.8% | +0.6 pts | 9.2% | 8.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.9% | −0.5 pts | -2.4% | -2.4% |
| 3M | -1.9% | −1.7 pts | -0.2% | -0.2% |
| 6M | 2.5% | −3.1 pts | 5.6% | 5.7% |
| 1Y | -0.9% | −2.3 pts | 1.4% | 1.6% |
| 2Y | 0.4% | +0.3 pts | 0.0% | 0.3% |
| 3Y | 7.4% | −0.9 pts | 8.3% | 8.0% |
| 5Y | 9.0% | +1.3 pts | 7.8% | 7.4% |
| 7Y | 9.9% | −0.1 pts | 10.0% | 9.5% |
| 10Y | 9.2% | 0.0 pts | 9.2% | 8.8% |
Since launch (17 Oct 2003): 13.0%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.3% | −1.3 pts | 6.7% |
| 2024 | 12.8% | −1.4 pts | 14.2% |
| 2023 | 21.6% | +1.7 pts | 20.0% |
| 2022 | 7.1% | +2.1 pts | 5.1% |
| 2021 | 36.3% | +19.6 pts | 16.6% |
| 2020 | -7.7% | −22.1 pts | 14.4% |
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
1.83%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.56%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.27%
- 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
- CRISIL Hybrid 50+50 Moderate Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at high risk — typically diversified and large cap 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 | 0.49 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.61 | 0.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 7.66 | 10.95 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Franklin India Dynamic Asset Allocation Active FoF portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity56.6%
- Debt31.2%
- Other12.2%
Market cap split
- Large76.1%
- Mid13.2%
- Small10.7%
- P/E
- 24.29
- P/B
- 3.30
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Franklin India Flexi Cap Fund Direct-Growth | Unclassified | 59.84% | ₹743 Cr | +54.65% | +56.78% | +47.86% |
| Franklin India Corporate Bond Fund Direct-Growth | Unclassified | 20.48% | ₹254 Cr | +20.35% | — | — |
| ICICI Prudential Short Term Fund Direct Plan-Growth | Unclassified | 10.06% | ₹125 Cr | +14.80% | +20.60% | +23.96% |
| Franklin India Banking & PSU Debt Fund Direct-Growth | Unclassified | 7.41% | ₹92.01 Cr | +7.36% | — | — |
| Others | Others | 2.22% | ₹27.62 Cr | +2.84% | +2.17% | +4.29% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 2.70% | 2.22% | -0.48% |
| Franklin India Flexi Cap Fund Direct-Growth | 59.61% | 59.84% | +0.22% |
| Franklin India Corporate Bond Fund Direct-Growth | 20.33% | 20.48% | +0.14% |
| ICICI Prudential Short Term Fund Direct Plan-Growth | 10.00% | 10.06% | +0.06% |
| Franklin India Banking & PSU Debt Fund Direct-Growth | 7.35% | 7.41% | +0.06% |
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% | 0.8% | 5.3% | 9.8% |
 HDFC Balanced Advantage Fund | ₹1,07,296 Cr | 1.31% | -3.1% | 3.4% | 10.6% |
 ICICI Prudential Balanced Advantage Fund | ₹75,399 Cr | 1.57% | 1.8% | 6.8% | 9.5% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹10,125 Cr | 1.95% | 5.0% | 7.5% | 9.7% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,343 Cr | 2.05% | 2.0% | 6.4% | 9.7% |
 Quant Dynamic Asset Allocation Fund | ₹852 Cr | 3.03% | -1.6% | 2.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme intends to generate long-term capital appreciation and income generation by investing in a dynamically managed portfolio of equity and debt mutual funds. The equity allocation [i.e. the allocation to the equity fund(s)] will be determined based on qualitative and quantitative parameters. There can be no assurance that the investment objective of the scheme will be realized.
Fund managers
- 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.
- 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 months2.46% absolute | ₹60,000 | ₹61,476 | 2.46% | |
| 1 year−0.87% annualised | ₹1,20,000 | ₹1,19,436 | −0.47% | |
| 3 years7.40% annualised | ₹3,60,000 | ₹4,04,186 | 12.27% | |
| 5 years9.04% annualised | ₹6,00,000 | ₹7,60,722 | 26.79% |
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.