Franklin India Balanced Advantage Fund
As on April 30, 2025
Franklin India Balanced Advantage Fund
As on April 30, 2025
TYPE OF SCHEME

An open-ended dynamic asset allocation fund investing in a dynamically managed portfolio of equity & equity related instruments and fixed income and money market instruments.
SCHEME CATEGORY

Dynamic Asset Allocation or Balanced Advantage Fund
SCHEME CHARACTERISTICS

Investment in equity / debt that is managed dynamically
INVESTMENT OBJECTIVE

The Scheme intends 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. There can be no assurance that the investment objective of the scheme will be realized.
DATE OF ALLOTMENT:

September 06, 2022
FUND MANAGER(S):

Rajasa Kakulavarapu (Equity)
Venkatesh Sanjeevi (w.e.f. October 4, 2024)
Chandni Gupta (w.e.f. March 07, 2024)
Anuj Tagra (w.e.f. March 07, 2024)
Rahul Goswami (Debt) (w.e.f. November 10, 2023)
Sandeep Manam
(dedicated for making investments for Foreign Securities)
BENCHMARK:

NIFTY 50 Hybrid Composite Debt 50:50 Index
TURNOVER

Total Portfolio Turnover$
319.05%
Portfolio Turnover (Equity)**
374.74%
$ Includes fixed income securities and equity derivatives
** Computed for equity portion of the portfolio including equity derivatives
MATURITY & YIELD#

RESIDUAL MATURITY / AVERAGE MATURITY5.81 years
ANNUALISED PORTFOLIO YTM#6.97%
MODIFIED DURATION3.53 years
MACAULAY DURATION3.70 years
#Yields of all securities are in annualised terms
# Calculated based on debt holdings in the portfolio
EXPENSE RATIO#: 1.95%
EXPENSE RATIO# (DIRECT) : 0.45%
# The above ratio includes the GST on Investment Management Fees. The rates specified are the actual expenses charged as at the end of the month. The above ratio also includes, proportionate charge in respect sales beyond T-30 cities subject to maximum of 30 bps on daily net assets, wherever applicable.

MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTORS:

Rs 5000/1
MINIMUM INVESTMENT FOR SIP

Rs 500/1
ADDITIONAL INVESTMENT/
MULTIPLES FOR EXISTING INVESTORS:

Rs1000/1
LOAD STRUCTURE:

Entry Load : Nil
Exit Load (for each purchase of Units) : Upto 10% of the Units may be redeemed without any exit load within 1 year from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load:
1.00% - if redeemed on or before 1 year from the date of allotment Nil - if redeemed after 1 year from the date of allotment
Different plans have a different expense structure

NAV AS OF APRIL 30, 2025

Growth Plan Rs 14.0086
IDCW Plan Rs 13.5616
Direct - Growth Plan Rs 14.6488
Direct - IDCW Plan Rs 13.8964
As per the addendum dated March 31, 2021, the Dividend Plan has been renamed to Income Distribution cum capital withdrawal (IDCW) Plan with effect from April 1, 2021
FUND SIZE (AUM)

Month End Rs2596.17 crores
Monthly Average Rs2528.41 crores
Outstanding exposure in derivative instruments Rs498.91 crores
Outstanding derivative exposure 19.22%
Company NameNo. of sharesMarket Value
Rs Lakhs
% of Assets Outstanding derivative exposure as % to net assets Long / (Short )
Aerospace & Defense
Bharat Electronics Ltd 7,50,000 2,355.75 0.91 -0.54
Agricultural Food & Other Products
Marico Ltd 2,50,000 1,776.13 0.68
Auto Components
Amara Raja Energy And Mobility Ltd 1,70,000 1,652.23 0.64
Tube Investments of India Ltd 57,000 1,652.20 0.64
Automobiles
Tata Motors Ltd 9,19,500 5,923.88 2.28 -1.31
Maruti Suzuki India Ltd 23,000 2,819.11 1.09
Banks
HDFC Bank Ltd* 9,40,050 18,095.96 6.97 -1.41
ICICI Bank Ltd* 9,27,500 13,235.43 5.10 -0.80
Axis Bank Ltd* 6,15,900 7,298.42 2.81 -0.79
State Bank of India 3,63,000 2,862.80 1.10 -0.12
IndusInd Bank Ltd 1,90,506 1,597.20 0.62 -0.24
Beverages
United Spirits Ltd 2,90,000 4,535.31 1.75 -0.55
Cement & Cement Products
Ultratech Cement Ltd 36,850 4,289.71 1.65 -0.68
Chemicals & Petrochemicals
Chemplast Sanmar Ltd 2,60,000 1,067.69 0.41
Commercial Services & Supplies
Teamlease Services Ltd 50,318 951.36 0.37
Construction
Larsen & Toubro Ltd* 2,28,300 7,627.50 2.94 -0.66
Consumer Durables
Crompton Greaves Consumer Electricals Ltd 9,50,000 3,204.35 1.23 -0.52
Amber Enterprises India Ltd 29,500 1,815.87 0.70
Diversified Fmcg
Hindustan Unilever Ltd 95,000 2,225.00 0.86
Ferrous Metals
Tata Steel Ltd 20,85,100 2,920.81 1.13 -0.71
Finance
PNB Housing Finance Ltd 1,97,000 1,990.09 0.77
Cholamandalam Investment and Finance Co Ltd 80,000 1,193.76 0.46
Financial Technology (Fintech)
PB Fintech Ltd 1,50,000 2,437.95 0.94 -0.08
Gas
GAIL (India) Ltd 29,19,500 5,520.48 2.13 -1.23
Healthcare Services
Apollo Hospitals Enterprise Ltd 51,000 3,558.27 1.37 -0.34
Metropolis Healthcare Ltd 51,063 868.84 0.33
Industrial Products
Kirloskar Oil Engines Ltd 1,15,012 858.56 0.33
Insurance
HDFC Life Insurance Co Ltd 4,04,500 3,008.27 1.16 -0.38
IT - Software
Infosys Ltd* 5,01,800 7,527.50 2.90 -0.79
HCL Technologies Ltd* 3,80,000 5,956.50 2.29 -0.81
Tech Mahindra Ltd 1,25,000 1,878.75 0.72 -0.16
Intellect Design Arena Ltd 1,85,000 1,460.67 0.56
Zensar Technologies Ltd 33,782 243.04 0.09
Leisure Services
Jubilant Foodworks Ltd 3,80,000 2,718.52 1.05 -0.33
Lemon Tree Hotels Ltd 13,50,000 1,848.42 0.71
Sapphire Foods India Ltd 5,20,000 1,645.80 0.63
Oil
Oil & Natural Gas Corporation Ltd 6,00,000 1,466.70 0.56 -0.06
Petroleum Products
Reliance Industries Ltd* 6,28,000 8,823.40 3.40 -1.00
Pharmaceuticals & Biotechnology
Sun Pharmaceutical Industries Ltd 2,20,000 4,031.06 1.55 -0.51
Eris Lifesciences Ltd 1,50,773 2,159.22 0.83
Power
NTPC Ltd 11,26,000 3,992.23 1.54 -0.33
Realty
Prestige Estates Projects Ltd 1,35,000 1,856.39 0.72
Retailing
Eternal Ltd 14,30,000 3,325.04 1.28
V-Mart Retail Ltd 35,186 1,149.25 0.44
Telecom - Services
Bharti Airtel Ltd* 4,85,725 9,056.34 3.49 -1.37
Indus Towers Ltd 3,75,000 1,530.75 0.59
Textiles & Apparels
Pearl Global Industries Ltd 98,369 943.46 0.36
Transport Services
Interglobe Aviation Ltd 25,000 1,312.38 0.51
Total Equity Holdings 1,70,268.33 65.58 -15.69
Company Name Company Ratings Market Value (including accrued interest, if any) (Rs. in Lakhs) % of Assets
Bharti Telecom Ltd* CRISIL AA+ 7,980.52 3.07
Summit Digitel Infrastructure Ltd CRISIL AAA 5,161.10 1.99
ICICI Home Finance Co Ltd CARE AAA 5,120.33 1.97
Mankind Pharma Ltd CRISIL AA+ 5,092.07 1.96
Poonawalla Fincorp Ltd CRISIL AAA 5,014.53 1.93
LIC Housing Finance Ltd CRISIL AAA 2,721.62 1.05
Kotak Mahindra Prime Ltd CRISIL AAA 2,625.59 1.01
Pipeline Infrastructure Ltd CRISIL AAA 2,589.25 1.00
Credila Financial Services Ltd CARE AA 2,557.53 0.99
Bajaj Housing Finance Ltd CRISIL AAA 2,040.29 0.79
Total Corporate Debt 40,902.85 15.76
Small Industries Development Bank Of India* CARE AAA 7,764.48 2.99
REC Ltd CRISIL AAA 3,813.57 1.47
ONGC Petro Additions Ltd CRISIL AA 2,721.71 1.05
National Bank For Agriculture & Rural Development CRISIL AAA 2,595.26 1.00
India Infrastructure Finance Co Ltd CARE AAA 1,046.38 0.40
Total PSU/PFI Bonds 17,941.41 6.91
6.90% GOI 2065 (15-APR-2065) SOVEREIGN 4,375.08 1.69
7.06% GOI 2028 (10-APR-2028) SOVEREIGN 2,062.09 0.79
7.10% Himachal Pradesh SDL (26-Mar-2040) SOVEREIGN 1,549.45 0.60
7.10% Kerala SDL (26-Mar-2043) SOVEREIGN 1,038.61 0.40
7.10% Rajasthan SDL (26-Mar-2043) SOVEREIGN 1,037.00 0.40
7.08% Kerala SDL (26-Mar-2040) SOVEREIGN 650.07 0.25
7.10% West Bengal SDL (26-Mar-2047) SOVEREIGN 519.76 0.20
7.10% West Bengal SDL (26-Mar-2046) SOVEREIGN 518.85 0.20
7.10% West Bengal SDL (26-Mar-2045) SOVEREIGN 517.38 0.20
7.38% GOI 2027 (20-JUN-2027) SOVEREIGN 505.75 0.19
7.09% Haryana SDL (26-Mar-2040) SOVEREIGN 465.99 0.18
7.08% Haryana SDL (26-Mar-2039) SOVEREIGN 244.65 0.09
6.79% GOI 2034 (07-OCT-2034) SOVEREIGN 206.95 0.08
7.32% Chhattisgarh SDL (05-Mar-2037) SOVEREIGN 55.41 0.02
7.32% West Bengal SDL (05-Mar-2038) SOVEREIGN 52.79 0.02
7.08% Andhra Pradesh SDL (26-Mar-2037) SOVEREIGN 47.52 0.02
Total Gilts 13,847.34 5.33
Total Debt Holdings 72,691.60 28.00
Index Futures Units
Nifty Index Future - 24-Apr-2025 -3.53
Total Index Futures Units -3.53
 
Total Holdings 2,42,959.93 93.58
Margin on Derivatives 6,266.83 2.41
Call,cash and other current asset 10,390.12 4.00
Total Asset 2,59,616.88 100.00
* Top 10 holdings

@ Reverse Repo : 4.67%, Others (Cash/ Subscription receivable/ Redemption payable/ Receivables on sale/Payable on Purchase/ Other Receivable / Other Payable) : -0.67%



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