Franklin India Multi Asset Solution Fund of Funds Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 31-10-2024
₹ 21.26
1D
Inception Returns
7.9%
/yr
About 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.
Key Parameters
- Franklin India Multi Asset Solution Fund of Funds Direct Growth has ₹59 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Franklin India Multi Asset Solution Fund of Funds Direct Growth has given a CAGR return of 7.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.20%, 11.18% and 8.73% respectively.
Holdings
Franklin India Multi Asset Solution Fund of Funds Direct Growth has allocated its funds majorly in Corporate, Financial Services, Government, Cash Equivalent, Consumer Cyclical, Tech, Health, Industrial, Consumer Defensive, Basic Materials, Energy, Utilities, Real Estate, Securitize.
Taxation
As it is a multi asset allocation 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Franklin India Multi Asset Solution Fund of Funds Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Franklin India Multi Asset Solution Fund of Funds Direct Growth Overview
| Expense ratio | 0.47% |
Benchmark | null |
| AUM | ₹59 Cr |
| Inception Date | 28 November, 2014 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 71.99% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (31-Oct-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 58.6 Cr as of Sep'24
- AUM increased by 3.1 Cr between Sep'24 and Aug'24
Top 3 Sectors in September were Corporate, Government & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Nippon India ETF Gold BeES | 14.92% | 36.4% |
Mutual Fund Insights
Franklin India Multi Asset Solution Fund of Funds Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹59 Cr
Expense Ratio 0.47%
Frequently Asked Questions for Franklin India Multi Asset Solution Fund of Funds Direct Growth
Franklin India Multi Asset Solution Fund of Funds Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.64% | -1.64% |
6 Month Returns | 6.43% | 6.43% |
1 Year Returns | 20.2% | 20.2% |
3 Years Returns | 37.42% | 11.18% |
5 Years Returns | 51.95% | 8.73% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 85.54 |
AA | 14.46 |