Franklin India Multi Asset Solution Fund of Funds Direct Growth

Franklin India Multi Asset Solution Fund of Funds Direct Growth is a hybrid fund. This fund was started on 28 November, 2014. The fund is managed by . This fund gives you the benefit of diversification.

1. Franklin India Multi Asset Solution Fund of Funds Direct Growth has ₹71 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.5.
   

Franklin India Multi Asset Solution Fund of Funds Direct Growth has given a CAGR return of 8.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.64%, 15.91% and 17.03% respectively.

Franklin India Multi Asset Solution Fund of Funds Direct Growth has allocated its funds majorly in Corporate, Financial Services, Government, Consumer Cyclical, Cash Equivalent, Tech, Consumer Defensive, Health, Industrial, Energy, Basic Materials, Real Estate, Utilities.

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The fund seeks to achieve capital appreciation and diversification through a mix of strategic and tactical allocation to various asset classes such as equity, debt and gold by investing in funds investing in these asset classes.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Multi Asset Solution Fund of Funds Direct Growth has no lock in period.