Franklin India Multi Asset Allocation Fund
Multi Asset AllocationVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹10.75-1.67%1 day
- Return since launch
- 8.1%
- 52-week range
- ₹10.04 — ₹11.37
- AUM
- ₹2,912 Cr
Franklin India Multi Asset Allocation Fund is a Multi Asset Allocation hybrid fund from Franklin Templeton Mutual Fund with ₹2,912 Cr under management, launched in 2025. The expense ratio is 1.98% 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 +6.0% against +7.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -0.5% | −7.5 pts | 7.0% | 2.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.6% | −1.4 pts | -3.1% | -3.2% |
| 3M | -0.9% | −1.4 pts | 0.5% | 0.8% |
| 6M | 3.0% | −1.7 pts | 4.7% | 5.2% |
| 1Y | 6.0% | −1.0 pts | 7.0% | 7.4% |
Since launch (11 Jul 2025): 8.1%
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
1.98%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.64%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.32%
- 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 31 Aug 2026
Asset allocation
- Equity68.0%
- Debt13.0%
- Commodities17.0%
- Other1.9%
Market cap split
- Large70.5%
- Mid10.2%
- Small19.3%
- P/E
- 25.23
- P/B
- 3.46
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Nippon India ETF Gold BeES | Unclassified | 14.02% | ₹408 Cr | +14.03% | +12.93% | +6.63% |
| State Bank of India | Financial | 3.49% | ₹102 Cr | +6.60% | +6.63% | — |
| HDFC Bank Ltd. | Financial | 3.41% | ₹99.44 Cr | +4.16% | +4.56% | +5.15% |
| LIC Housing Finance Ltd. | Financial | 3.36% | ₹97.88 Cr | +2.70% | +2.74% | +7.88% |
| Nippon India Silver ETF - Growth | Unclassified | 3.29% | ₹95.72 Cr | +2.97% | +2.96% | +6.61% |
| ICICI Bank Ltd. | Financial | 3.03% | ₹88.12 Cr | +2.72% | +3.06% | +4.92% |
| Reliance Industries Ltd. | Energy | 2.85% | ₹83.15 Cr | +3.07% | +2.82% | +3.42% |
| Axis Bank Ltd. | Financial | 2.67% | ₹77.69 Cr | +2.74% | +3.03% | +1.25% |
| Eternal Ltd. | Services | 2.31% | ₹67.34 Cr | +3.67% | +3.71% | +2.97% |
| Larsen & Toubro Ltd. | Construction | 2.29% | ₹66.81 Cr | +2.40% | +2.59% | +3.03% |
| Mahindra & Mahindra Ltd. | Automobile | 2.09% | ₹60.86 Cr | +1.94% | +2.22% | +2.91% |
| Ultratech Cement Ltd. | Materials | 2.07% | ₹60.34 Cr | +2.16% | +2.45% | +1.47% |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.05% | ₹59.72 Cr | +1.48% | +0.84% | — |
| Bharti Airtel Ltd. | Communication | 2.02% | ₹58.72 Cr | +2.11% | +2.11% | 0.00% |
| HCL Technologies Ltd. | Technology | 1.97% | ₹57.38 Cr | +3.70% | +3.44% | 0.00% |
| Knowledge Realty Trust | Construction | 1.96% | ₹57.10 Cr | +0.88% | +0.91% | +0.53% |
| Poonawalla Fincorp Ltd. | Financial | 1.95% | ₹56.70 Cr | +1.98% | +2.07% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.81% | ₹52.84 Cr | 0.00% | +3.41% | 0.00% |
| Bharti Telecom Ltd. | Communication | 1.81% | ₹52.80 Cr | +1.84% | +1.88% | — |
| Embassy Office Parks REIT | Construction | 1.74% | ₹50.57 Cr | +1.79% | +1.86% | +2.59% |
| Marico Ltd. | Consumer Staples | 1.71% | ₹49.87 Cr | +1.78% | +1.76% | +2.25% |
| Cipla Ltd. | Healthcare | 1.67% | ₹48.58 Cr | +1.48% | +1.08% | +1.77% |
| Ashok Leyland Ltd. | Automobile | 1.65% | ₹48.17 Cr | +1.52% | +2.04% | +1.71% |
| Interglobe Aviation Ltd. | Services | 1.53% | ₹44.67 Cr | +1.34% | +1.44% | +2.34% |
| Trent Ltd. | Services | 1.52% | ₹44.33 Cr | +1.55% | +1.38% | 0.00% |
| Britannia Industries Ltd. | Consumer Staples | 1.48% | ₹43.24 Cr | +1.53% | +1.61% | — |
| Syrma SGS Technology Ltd. | Capital Goods | 1.48% | ₹43.10 Cr | +1.16% | +0.94% | — |
| Exide Industries Ltd. | Capital Goods | 1.36% | ₹39.72 Cr | +1.24% | — | — |
| Infosys Ltd. | Technology | 1.32% | ₹38.53 Cr | +1.41% | +1.52% | +2.44% |
| PG Electroplast Ltd. | Capital Goods | 1.31% | ₹38.29 Cr | +1.13% | +1.21% | — |
| Tata Power Company Ltd. | Energy | 1.29% | ₹37.60 Cr | +1.63% | +1.43% | +1.97% |
| Bajaj Finance Ltd. | Financial | 1.27% | ₹36.86 Cr | +1.29% | +1.30% | +1.90% |
| Data Patterns (India) Ltd. | Capital Goods | 1.25% | ₹36.46 Cr | +1.16% | +1.13% | +1.04% |
| 360 One Wam Ltd. | Financial | 1.23% | ₹35.80 Cr | +0.60% | — | — |
| Tata Steel Ltd. | Metals & Mining | 1.20% | ₹34.82 Cr | +1.40% | +1.68% | +1.44% |
| Tata Capital Ltd. | Financial | 1.19% | ₹34.53 Cr | +1.02% | +1.00% | — |
| PB Fintech Ltd. | Services | 1.17% | ₹33.94 Cr | — | +0.81% | +1.22% |
| Eris Lifesciences Ltd. | Healthcare | 1.09% | ₹31.83 Cr | +1.22% | +1.12% | +0.63% |
| Pine Labs Ltd. | Financial | 1.08% | ₹31.53 Cr | — | — | — |
| Hindalco Industries Ltd. | Metals & Mining | 1.04% | ₹30.19 Cr | 0.00% | — | — |
| Titan Company Ltd. | Consumer Discretionary | 1.01% | ₹29.48 Cr | +1.57% | +1.71% | +1.99% |
| Chalet Hotels Ltd. | Services | 0.99% | ₹28.89 Cr | +0.89% | +0.95% | +0.21% |
| company:20327 | Automobile | 0.98% | ₹28.59 Cr | — | — | — |
| CESC Ltd. | Energy | 0.93% | ₹27.00 Cr | +1.20% | +1.07% | +1.14% |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 0.92% | ₹26.88 Cr | +0.93% | +0.98% | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.89% | ₹25.89 Cr | +1.06% | +2.24% | 0.00% |
| RJ Corp Ltd. | Consumer Staples | 0.89% | ₹25.78 Cr | +0.90% | +0.92% | — |
| Bharat Petroleum Corporation Ltd. | Energy | 0.87% | ₹25.20 Cr | +0.83% | — | — |
| Hindustan Unilever Ltd. | Consumer Staples | 0.82% | ₹24.02 Cr | +1.13% | +1.39% | +2.50% |
| Medplus Health Services Ltd. | Healthcare | 0.77% | ₹22.57 Cr | +1.07% | +1.02% | — |
| GE Vernova T&D India Ltd | Capital Goods | 0.75% | ₹21.78 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.68% | ₹19.94 Cr | +0.89% | +0.91% | +1.26% |
| National Bank For Agriculture & Rural Development | Financial | 0.50% | ₹14.46 Cr | +1.34% | — | +2.58% |
| Prestige Estates Projects Ltd. | Construction | 0.46% | ₹13.39 Cr | +0.40% | +0.42% | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.39% | ₹11.23 Cr | +0.48% | +0.71% | +1.27% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 0.33% | ₹9.67 Cr | — | — | — |
| Metropolis Healthcare Ltd. | Healthcare | 0.33% | ₹9.59 Cr | +0.33% | — | — |
| Syngene International Ltd. | Healthcare | 0.21% | ₹6.02 Cr | +0.24% | +0.16% | +1.01% |
| company:18918 | Energy | -0.00% | ₹-0.03 Cr | — | — | — |
| company:7786 | Financial | -0.00% | ₹-0.07 Cr | — | — | — |
| Others | Others | -0.28% | ₹-8.04 Cr | +0.05% | +4.40% | +0.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Mahindra & Mahindra Ltd. | -0.01% | 2.09% | +2.10% |
| Ultratech Cement Ltd. | -0.00% | 2.07% | +2.08% |
| HCL Technologies Ltd. | 2.04% | -0.00% | -2.04% |
| Bharti Airtel Ltd. | -0.01% | 2.02% | +2.03% |
| Nippon India ETF Gold BeES | 12.39% | 14.02% | +1.63% |
| Trent Ltd. | -0.00% | 1.52% | +1.52% |
| Knowledge Realty Trust | 0.87% | 1.96% | +1.09% |
| Hindalco Industries Ltd. | -0.01% | 1.04% | +1.05% |
| Titan Company Ltd. | -0.00% | 1.01% | +1.01% |
| company:20327 | 0.00% | 0.98% | +0.98% |
| Oil And Natural Gas Corporation Ltd. | -0.00% | 0.89% | +0.89% |
| GAIL (India) Ltd. | 0.79% | 0.00% | -0.79% |
| Nippon India Silver ETF - Growth | 2.60% | 3.29% | +0.68% |
| HDFC Bank Ltd. | 4.05% | 3.41% | -0.64% |
| 360 One Wam Ltd. | 0.84% | 1.23% | +0.39% |
| Others | 0.10% | -0.28% | -0.37% |
| Hindustan Unilever Ltd. | 1.07% | 0.82% | -0.24% |
| Kansai Nerolac Paints Ltd. | 0.21% | 0.00% | -0.21% |
| PB Fintech Ltd. | 1.00% | 1.17% | +0.16% |
| Pine Labs Ltd. | 0.92% | 1.08% | +0.16% |
| Tata Power Company Ltd. | 1.43% | 1.29% | -0.14% |
| CESC Ltd. | 1.06% | 0.93% | -0.13% |
| Axis Bank Ltd. | 2.54% | 2.67% | +0.12% |
| Marico Ltd. | 1.83% | 1.71% | -0.12% |
| Chalet Hotels Ltd. | 0.90% | 0.99% | +0.09% |
| Reliance Industries Ltd. | 2.95% | 2.85% | -0.09% |
| Cipla Ltd. | 1.76% | 1.67% | -0.09% |
| PG Electroplast Ltd. | 1.40% | 1.31% | -0.08% |
| GOI | 0.08% | 0.00% | -0.08% |
| Ashok Leyland Ltd. | 1.58% | 1.65% | +0.08% |
| Syrma SGS Technology Ltd. | 1.42% | 1.48% | +0.06% |
| Britannia Industries Ltd. | 1.54% | 1.48% | -0.06% |
| Eris Lifesciences Ltd. | 1.15% | 1.09% | -0.06% |
| Data Patterns (India) Ltd. | 1.19% | 1.25% | +0.06% |
| Hindustan Aeronautics Ltd. | 2.00% | 2.05% | +0.05% |
| Tata Steel Ltd. | 1.24% | 1.20% | -0.04% |
| Medplus Health Services Ltd. | 0.82% | 0.77% | -0.04% |
| Crompton Greaves Consumer Electricals Ltd. | 0.43% | 0.39% | -0.04% |
| Larsen & Toubro Ltd. | 2.25% | 2.29% | +0.04% |
| Exide Industries Ltd. | 1.40% | 1.36% | -0.04% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.89% | 0.92% | +0.04% |
| ICICI Bank Ltd. | 3.01% | 3.03% | +0.02% |
| GE Vernova T&D India Ltd | 0.73% | 0.75% | +0.01% |
| State Bank of India | -0.01% | -0.00% | +0.01% |
| Larsen & Toubro Ltd. GDR/GDS | -0.01% | 0.00% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | -0.01% | -0.00% | +0.01% |
| Interglobe Aviation Ltd. | 1.53% | 1.53% | +0.01% |
| Infosys Ltd. | 1.33% | 1.32% | -0.01% |
| Syngene International Ltd. | 0.20% | 0.21% | +0.01% |
| Bharti Telecom Ltd. | 1.82% | 1.81% | -0.01% |
| Bharat Petroleum Corporation Ltd. | 0.86% | 0.87% | 0.00% |
| RJ Corp Ltd. | 0.89% | 0.89% | 0.00% |
| Poonawalla Fincorp Ltd. | 1.95% | 1.95% | 0.00% |
| Embassy Office Parks REIT | 1.74% | 1.74% | 0.00% |
| Metropolis Healthcare Ltd. | 0.33% | 0.33% | 0.00% |
| company:7786 | 0.00% | -0.00% | 0.00% |
| Eternal Ltd. | -0.00% | -0.00% | 0.00% |
| Bajaj Finance Ltd. | 1.27% | 1.27% | 0.00% |
| Reserve Bank of India | 0.69% | 0.68% | 0.00% |
| LIC Housing Finance Ltd. | 0.89% | 0.89% | 0.00% |
| Tata Capital Ltd. | 1.19% | 1.19% | 0.00% |
| Prestige Estates Projects Ltd. | 0.46% | 0.46% | 0.00% |
| company:18918 | 0.00% | -0.00% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.50% | 0.50% | 0.00% |
| Mahindra & Mahindra Financial Services Ltd. | 0.33% | 0.33% | 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 | ₹7,364 Cr | 1.57% | 5.8% | 12.6% | 15.3% |
 Nippon India Multi Asset Allocation Fund | ₹17,984 Cr | 1.44% | 4.8% | 13.1% | 15.3% |
 WhiteOak Capital Multi Asset Allocation Fund | ₹8,778 Cr | 1.67% | 7.4% | 13.0% | — |
 Quant Multi Asset Allocation Fund | ₹6,528 Cr | 2.32% | 6.8% | 14.1% | 17.4% |
| Nippon India Multi - Asset Omni FoF | ₹3,056 Cr | 1.08% | 4.0% | 10.9% | 14.7% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹478 Cr | 1.33% | 6.0% | 11.8% | 13.8% |
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
- Pallab RoyMr. Roy is a M.Com and MBA (Finance).He has been associated with Franklin Templeton Investments since 2001.
- 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 months3.04% absolute | ₹60,000 | ₹61,824 | 3.04% | |
| 1 year6.04% annualised | ₹1,20,000 | ₹1,23,999 | 3.33% |
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 ₹10.75 as on 24 Sep 2026.
What is the expense ratio of Franklin India Multi Asset Allocation Fund?
The expense ratio of Franklin India Multi Asset Allocation Fund is 1.98% 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 ₹1,27,382 Cr under management.