Franklin Templeton Mutual Fund launches Franklin India Balanced Advantage Fund

NFO period: 16^th August - 30^th August, 2022

Highlights of the NFO:

• Scheme type - An open ended dynamic asset allocation fund


• 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.


• Product suitability - This product is suitable for investors who are seeking income generation and capital appreciation over medium to long term. A fund that invests in dynamically managed portfolio of equity & equity related securities, fixed income and money market instruments.


• Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Manager - Rajasa Kakulavarapu (Equity Portion), Umesh Sharma (Debt Portion), Sachin Padwal-Desai (Debt Portion) and Sandeep Manam (Dedicated Fund Manager for overseas investments)


• Benchmark - Nifty 50 Hybrid Composite Debt 50:50 Index