Franklin India Multi Asset Allocation Fund
Multi Asset AllocationVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹10.88+0.53%1 day
- Return since launch
- 6.4%
- 52-week range
- ₹10.04 — ₹11.37
- AUM
- ₹2,767 Cr
Franklin India Multi Asset Allocation Fund is a Multi Asset Allocation hybrid fund from Franklin Templeton Mutual Fund with ₹2,767 Cr under management, launched in 2025. The expense ratio is 1.95% and the SEBI riskometer reading is Very High.
Performance
Franklin India Multi Asset Allocation Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.7% against +5.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.2% | −3.8 pts | 5.1% | 3.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.3% | +1.4 pts | 2.9% | 3.3% |
| 3M | -3.2% | −1.5 pts | -1.7% | -1.6% |
| 6M | 0.8% | −0.8 pts | 1.6% | 2.0% |
| 1Y | 4.7% | −0.4 pts | 5.1% | 5.8% |
Since launch (11 Jul 2025): 6.4%
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
1.96%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.61%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.33%
- Exit load
- Exit Load for units in excess of 10% of the investment,0.50% 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
- NA
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.
Portfolio
Franklin India Multi Asset Allocation Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity65.8%
- Debt12.2%
- Commodities17.1%
- Other5.0%
Market cap split
- Large70.0%
- Mid8.5%
- Small21.5%
- P/E
- 23.60
- P/B
- 3.24
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Nippon India ETF Gold BeES | Unclassified | 14.10% | ₹390 Cr | +12.55% | +14.28% | +7.01% |
| LIC Housing Finance Ltd. | Financial | 3.56% | ₹98.42 Cr | +2.71% | +2.94% | +7.47% |
| State Bank of India | Financial | 3.33% | ₹92.04 Cr | +3.49% | +2.89% | — |
| Nippon India Silver ETF - Growth | Unclassified | 3.25% | ₹89.89 Cr | +2.52% | +2.83% | +7.45% |
| HDFC Bank Ltd. | Financial | 3.21% | ₹88.77 Cr | +4.42% | +4.01% | +4.85% |
| ICICI Bank Ltd. | Financial | 2.90% | ₹80.10 Cr | +2.95% | +2.86% | +4.46% |
| Axis Bank Ltd. | Financial | 2.65% | ₹73.27 Cr | +2.85% | +2.72% | 0.00% |
| Others | Others | 2.62% | ₹72.51 Cr | +1.96% | +1.04% | +0.16% |
| Eternal Ltd. | Services | 2.37% | ₹65.64 Cr | +3.85% | +3.69% | +2.90% |
| Reliance Industries Ltd. | Energy | 2.36% | ₹65.16 Cr | +2.98% | +3.16% | 0.00% |
| Larsen & Toubro Ltd. | Construction | 2.24% | ₹62.11 Cr | +2.42% | +2.27% | 0.00% |
| Knowledge Realty Trust | Construction | 2.12% | ₹58.63 Cr | +0.86% | +0.94% | +1.14% |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.10% | ₹58.06 Cr | +1.49% | +0.80% | — |
| Ultratech Cement Ltd. | Materials | 2.09% | ₹57.74 Cr | +2.10% | +2.22% | +1.52% |
| Poonawalla Fincorp Ltd. | Financial | 2.06% | ₹57.03 Cr | +1.98% | +2.15% | — |
| Bharti Airtel Ltd. | Communication | 2.06% | ₹56.94 Cr | +2.12% | +2.26% | +2.76% |
| Mahindra & Mahindra Ltd. | Automobile | 1.98% | ₹54.71 Cr | +1.94% | +2.07% | +2.93% |
| Bharti Telecom Ltd. | Communication | 1.92% | ₹53.09 Cr | +1.85% | +2.01% | — |
| Embassy Office Parks REIT | Construction | 1.81% | ₹49.94 Cr | +1.77% | +1.95% | +2.41% |
| HCL Technologies Ltd. | Technology | 1.76% | ₹48.81 Cr | +3.32% | +4.60% | +4.49% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.75% | ₹48.54 Cr | +1.83% | +1.73% | 0.00% |
| Syrma SGS Technology Ltd. | Capital Goods | 1.74% | ₹48.13 Cr | +1.48% | +0.97% | — |
| Marico Ltd. | Consumer Staples | 1.73% | ₹47.80 Cr | +1.80% | +1.75% | +2.03% |
| Cipla Ltd. | Healthcare | 1.67% | ₹46.33 Cr | +3.06% | +2.09% | +3.15% |
| Interglobe Aviation Ltd. | Services | 1.54% | ₹42.54 Cr | +1.62% | +1.32% | +2.18% |
| Ashok Leyland Ltd. | Automobile | 1.53% | ₹42.28 Cr | +1.53% | +1.66% | +1.81% |
| Tata Steel Ltd. | Metals & Mining | 1.47% | ₹40.65 Cr | +1.26% | +1.63% | 0.00% |
| Trent Ltd. | Services | 1.46% | ₹40.35 Cr | +1.79% | +1.25% | +1.67% |
| Britannia Industries Ltd. | Consumer Staples | 1.44% | ₹39.78 Cr | +1.50% | +1.66% | +1.02% |
| Tata Power Company Ltd. | Energy | 1.41% | ₹38.90 Cr | +1.48% | +1.61% | +1.93% |
| Exide Industries Ltd. | Capital Goods | 1.35% | ₹37.23 Cr | +1.24% | — | — |
| Bajaj Finance Ltd. | Financial | 1.34% | ₹37.08 Cr | +1.29% | +1.40% | +1.80% |
| Data Patterns (India) Ltd. | Capital Goods | 1.25% | ₹34.57 Cr | +1.28% | +0.96% | +1.04% |
| Infosys Ltd. | Technology | 1.22% | ₹33.78 Cr | +1.20% | +1.56% | +2.26% |
| Tata Capital Ltd. | Financial | 1.21% | ₹33.38 Cr | +1.22% | +0.98% | — |
| Pine Labs Ltd. | Financial | 1.19% | ₹33.02 Cr | +0.65% | — | — |
| 360 One Wam Ltd. | Financial | 1.18% | ₹32.64 Cr | +0.66% | — | — |
| PG Electroplast Ltd. | Capital Goods | 1.18% | ₹32.52 Cr | +1.24% | +1.21% | — |
| Hindalco Industries Ltd. | Metals & Mining | 1.11% | ₹30.80 Cr | +1.34% | +1.47% | — |
| Eris Lifesciences Ltd. | Healthcare | 1.10% | ₹30.44 Cr | +1.24% | +1.25% | +1.11% |
| Tenneco Clean Air India Ltd | Automobile | 1.08% | ₹29.99 Cr | — | — | — |
| Chalet Hotels Ltd. | Services | 0.98% | ₹27.01 Cr | +0.92% | +0.88% | +0.99% |
| Titan Company Ltd. | Consumer Discretionary | 0.96% | ₹26.50 Cr | +1.68% | +1.67% | 0.00% |
| RJ Corp Ltd. | Consumer Staples | 0.93% | ₹25.80 Cr | +0.91% | +0.98% | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 0.90% | ₹24.83 Cr | +0.96% | +0.95% | +0.35% |
| CESC Ltd. | Energy | 0.89% | ₹24.73 Cr | +1.10% | +1.09% | +1.14% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.88% | ₹24.22 Cr | +0.93% | +2.27% | +1.50% |
| Bharat Petroleum Corporation Ltd. | Energy | 0.85% | ₹23.57 Cr | +0.84% | — | — |
| Medplus Health Services Ltd. | Healthcare | 0.79% | ₹21.99 Cr | +0.96% | +1.10% | — |
| GE Vernova T&D India Ltd | Capital Goods | 0.74% | ₹20.58 Cr | — | — | — |
| Elgi Equipments Ltd. | Capital Goods | 0.71% | ₹19.57 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.54% | ₹14.99 Cr | — | +0.98% | +1.19% |
| Prestige Estates Projects Ltd. | Construction | 0.44% | ₹12.15 Cr | +0.45% | +0.36% | — |
| Metropolis Healthcare Ltd. | Healthcare | 0.42% | ₹11.72 Cr | +0.31% | — | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.36% | ₹9.94 Cr | +0.46% | +0.42% | +1.06% |
| Syngene International Ltd. | Healthcare | 0.20% | ₹5.49 Cr | +0.23% | +0.15% | +1.02% |
| Infosys Ltd. ADS/ADR | Technology | -0.00% | ₹-0.08 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| State Bank of India | -0.00% | 3.33% | +3.33% |
| Others | -0.28% | 2.62% | +2.90% |
| Apollo Hospitals Enterprise Ltd. | -0.00% | 1.75% | +1.76% |
| Cipla Ltd. | 1.67% | -0.00% | -1.67% |
| PB Fintech Ltd. | 1.17% | 0.00% | -1.17% |
| Hindustan Unilever Ltd. | 0.82% | 0.00% | -0.82% |
| Elgi Equipments Ltd. | 0.00% | 0.71% | +0.71% |
| Reliance Industries Ltd. | 2.85% | 2.36% | -0.50% |
| company:6233 | 0.50% | 0.00% | -0.50% |
| company:4789 | 0.33% | 0.00% | -0.33% |
| Tata Steel Ltd. | 1.20% | 1.47% | +0.27% |
| Syrma SGS Technology Ltd. | 1.48% | 1.74% | +0.26% |
| HDFC Bank Ltd. | 3.41% | 3.21% | -0.21% |
| Knowledge Realty Trust | 1.96% | 2.12% | +0.16% |
| Reserve Bank of India | 0.68% | 0.54% | -0.14% |
| PG Electroplast Ltd. | 1.31% | 1.18% | -0.14% |
| ICICI Bank Ltd. | 3.03% | 2.90% | -0.13% |
| Ashok Leyland Ltd. | 1.65% | 1.53% | -0.13% |
| Tata Power Company Ltd. | 1.29% | 1.41% | +0.12% |
| Poonawalla Fincorp Ltd. | 1.95% | 2.06% | +0.11% |
| Mahindra & Mahindra Ltd. | 2.09% | 1.98% | -0.11% |
| Pine Labs Ltd. | 1.08% | 1.19% | +0.11% |
| Bharti Telecom Ltd. | 1.81% | 1.92% | +0.11% |
| Tenneco Clean Air India Ltd | 0.98% | 1.08% | +0.10% |
| Infosys Ltd. | 1.32% | 1.22% | -0.10% |
| Metropolis Healthcare Ltd. | 0.33% | 0.42% | +0.09% |
| Hindalco Industries Ltd. | 1.04% | 1.11% | +0.08% |
| Nippon India ETF Gold BeES | 14.02% | 14.10% | +0.07% |
| Bajaj Finance Ltd. | 1.27% | 1.34% | +0.07% |
| Embassy Office Parks REIT | 1.74% | 1.81% | +0.07% |
| Trent Ltd. | 1.52% | 1.46% | -0.06% |
| Titan Company Ltd. | 1.01% | 0.96% | -0.05% |
| LIC Housing Finance Ltd. | 0.89% | 0.94% | +0.05% |
| 360 One Wam Ltd. | 1.23% | 1.18% | -0.05% |
| Larsen & Toubro Ltd. | 2.29% | 2.24% | -0.05% |
| Hindustan Aeronautics Ltd. | 2.05% | 2.10% | +0.05% |
| RJ Corp Ltd. | 0.89% | 0.93% | +0.05% |
| Britannia Industries Ltd. | 1.48% | 1.44% | -0.05% |
| Bharti Airtel Ltd. | 2.02% | 2.06% | +0.04% |
| Nippon India Silver ETF - Growth | 3.29% | 3.25% | -0.04% |
| CESC Ltd. | 0.93% | 0.89% | -0.03% |
| Crompton Greaves Consumer Electricals Ltd. | 0.39% | 0.36% | -0.03% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.92% | 0.90% | -0.03% |
| Tata Capital Ltd. | 1.19% | 1.21% | +0.02% |
| Prestige Estates Projects Ltd. | 0.46% | 0.44% | -0.02% |
| Medplus Health Services Ltd. | 0.77% | 0.79% | +0.02% |
| Axis Bank Ltd. | 2.67% | 2.65% | -0.02% |
| Exide Industries Ltd. | 1.36% | 1.35% | -0.02% |
| Chalet Hotels Ltd. | 0.99% | 0.98% | -0.02% |
| Marico Ltd. | 1.71% | 1.73% | +0.02% |
| Ultratech Cement Ltd. | 2.07% | 2.09% | +0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.89% | 0.88% | -0.01% |
| Bharat Petroleum Corporation Ltd. | 0.87% | 0.85% | -0.01% |
| Syngene International Ltd. | 0.21% | 0.20% | -0.01% |
| Eris Lifesciences Ltd. | 1.09% | 1.10% | +0.01% |
| GE Vernova T&D India Ltd | 0.75% | 0.74% | 0.00% |
| Interglobe Aviation Ltd. | 1.53% | 1.54% | 0.00% |
| Infosys Ltd. ADS/ADR | 0.00% | -0.00% | 0.00% |
| company:7786 | -0.00% | 0.00% | 0.00% |
| Data Patterns (India) Ltd. | 1.25% | 1.25% | 0.00% |
| HCL Technologies Ltd. | -0.00% | -0.01% | 0.00% |
| Eternal Ltd. | -0.00% | -0.00% | 0.00% |
| company:18918 | -0.00% | 0.00% | 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 | ₹10,235 Cr | 1.65% | 4.0% | 11.9% | 14.8% |
 Nippon India Multi Asset Allocation Fund | ₹18,044 Cr | 1.45% | 4.1% | 11.8% | 14.7% |
 Kotak Multi Asset Allocation Fund | ₹15,236 Cr | 1.78% | 1.3% | 11.3% | — |
 DSP Multi Asset Allocation Fund | ₹10,820 Cr | 1.57% | 4.0% | 13.0% | — |
 Quant Multi Asset Allocation Fund | ₹6,608 Cr | 2.14% | 5.1% | 12.4% | 16.4% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹468 Cr | 1.32% | 5.6% | 10.9% | 13.4% |
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 by investing in equity and equity related instruments, debt & money market instruments and commodities.
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.
- R JanakiramanMr. Janakiraman is a B.E and PGDM (Business Management).Prior to joining Franklin Templeton Investments, he has worked with Indian Syntans Inv. Pvt. Ltd., Citicorp Information Tech Ltd. and UTI Securities Exchange 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.
- Rohan MaruMr. Maru is M.Com and MBA in Finance.Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential Mutual Fund, Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
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 months0.79% absolute | ₹60,000 | ₹60,474 | 0.79% | |
| 1 year4.68% annualised | ₹1,20,000 | ₹1,23,086 | 2.57% |
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 Multi Asset Allocation Fund?
The NAV of Franklin India Multi Asset Allocation Fund is ₹10.88 as on 9 Nov 2026.
What is the expense ratio of Franklin India Multi Asset Allocation Fund?
The expense ratio of Franklin India Multi Asset Allocation Fund is 1.95% per year.
What is the minimum SIP amount for Franklin India Multi Asset Allocation Fund?
You can start a SIP in Franklin India Multi Asset Allocation Fund with ₹3,000 a month.
Is there a lock-in or exit load on Franklin India Multi Asset Allocation Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,0.50% will be charged for redemption within 1 year..
How risky is Franklin India Multi Asset Allocation Fund?
Franklin India Multi Asset Allocation Fund is rated Very High on the SEBI riskometer and belongs to the Multi Asset Allocation category.
Which fund house manages Franklin India Multi Asset Allocation Fund?
Franklin India Multi Asset Allocation Fund is managed by Franklin Templeton Mutual Fund, which runs 38 schemes with ₹1,34,155 Cr under management.