MF Gyan
hybridModerate risk4 years oldSteady vs its 3-year pace

Franklin India Balanced Advantage Fund - Direct Plan - Growth

Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds. From Franklin Templeton Mutual Fund. It's been running since 6 Sep 2022.

Latest price per unit
₹15.4765
▲ 0.08% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.03 L
▲ ₹2.9k gain · 2.9% / year
Invested 3 years ago
₹1.35 L
▲ ₹34.8k gain · 10.5% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.97 L
Gain / loss+₹16.8k
XIRR (annualised)6.17%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.98 L
Projected gain*+₹18.2k
*at this fund's historical rate of 6.17% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 64 other funds in Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage

Same plan
1-year return
2.95%median 3.68% (-0.73%)
Rank #34 of 65Beats 47% of peers
3-year return
10.47%median 8.61% (+1.85%)
Rank #12 of 65Beats 79% of peers
Bumpiness (3Y)
7.20%median 9.50% (-2.29%)
Rank #10 of 65Less risky than 86% of peers
Worst-ever drop
-8.10%median -19.39% (+11.29%)
Rank #56 of 65Less risky than 14% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 5 years were positive.

+3%
2022
+21%
2023
+17%
2024
+5%
2025
+0%
2026
Best year
2023 · 21.10%
Worst year
2026 · 0.27%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
7.2%

The value swings roughly 7% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-8.10%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Franklin India Balanced Advantage Fund - Direct Plan - Growth against other hybrid funds.

Technical details (for the pros)
CAGR — 1 year2.95%
CAGR — 3 years10.47%
CAGR — 5 years—
CAGR — since launch11.55%
Volatility — 1 year (annualised)8.09%
Volatility — 3 years (annualised)7.20%
Max drawdown — 1 year-8.10%
Max drawdown — 3 years-8.10%
Sharpe ratio — 1 year (rf=6%)-0.37
Sharpe ratio — 3 years (rf=6%)0.58

Fund info

Fund house
Franklin Templeton Mutual Fund
Category
Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage
Plan
Direct
Option
Growth
ISIN (Growth)
INF090I01WQ5
ISIN (Div re-invest)
—
Fund code
150481
First price on record
6 Sep 2022 · 984 daily prices

About Franklin India Balanced Advantage Fund - Direct Plan - Growth

Franklin India Balanced Advantage Fund - Direct Plan - Growth is a Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage offered by Franklin Templeton Mutual Fund under the Direct plan with the Growth option. It has approximately 4 years of NAV track record. The fund falls in the hybrid category — Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

The current NAV of Franklin India Balanced Advantage Fund - Direct Plan - Growth is ₹15.4765 (as of 4 Sep 2026). Historically, it has delivered 2.95% over the last year, 10.47% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 7.2% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 8.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Franklin India Balanced Advantage Fund - Direct Plan - Growth?+

The latest NAV of Franklin India Balanced Advantage Fund - Direct Plan - Growth is ₹15.4765 as of 4 Sep 2026, up 0.08% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Franklin India Balanced Advantage Fund - Direct Plan - Growth?+

Franklin India Balanced Advantage Fund - Direct Plan - Growth has delivered 1-year return 2.95%, 3-year CAGR 10.47%, since-inception CAGR 11.55%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Franklin India Balanced Advantage Fund - Direct Plan - Growth belong to?+

Franklin India Balanced Advantage Fund - Direct Plan - Growth is categorised as Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage. Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

How risky is Franklin India Balanced Advantage Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 7.2%, Franklin India Balanced Advantage Fund - Direct Plan - Growth sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Franklin India Balanced Advantage Fund - Direct Plan - Growth a direct plan?+

Franklin India Balanced Advantage Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Franklin India Balanced Advantage Fund - Direct Plan - Growth?+

Franklin India Balanced Advantage Fund - Direct Plan - Growth has NAV history available from 6 Sep 2022 — approximately 4 years of track record and 984 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.