Franklin India Balanced Advantage Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Dynamic Asset Allocation or Balanced Advantage

Fund House : Franklin Templeton Mutual Fund

Equity Holding : 66.76% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 66.76%

No of Stocks : 49 (Category Avg - 74.34) | Large Cap Investments : 40.32%| Mid Cap Investments : 7.12% | Small Cap Investments : 4.09% | Other : 15.22%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	49	70.94
Top 5 Stock Weight	23.35%	21.72%
Top 10 Stock Weight	33.91%	33.27%
Top 3 Sector Weight	23.21%	24.5%

Category - Dynamic Asset Allocation or Balanced Advantage

Particulars	This Scheme	Category
Average mcap (Cr)	91417.55	94441.43
Holdings in large cap stocks	40.32%	38.88%
Holdings in mid cap stocks	7.12%	8.53%
Holdings in small cap stocks	4.09%	4.26%

Category - Dynamic Asset Allocation or Balanced Advantage

Top 10 Stocks holding in Portfolio (as on 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# HDFC Bank Ltd.	Private sector bank	1920.3	6.76%	0.00%	7.09% (Jul 2025)	6.06% (Jan 2025)	19.45 L	0.00
# ICICI Bank Ltd.	Private sector bank	1532.6	5.40%	0.00%	5.53% (Sep 2025)	4.38% (Jan 2025)	11.39 L	0.00
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1312.7	4.62%	0.00%	4.32% (Sep 2025)	3.08% (Oct 2024)	6.39 L	0.00
# Reliance Industries Ltd.	Refineries & marketing	953.5	3.36%	0.00%	3.44% (Jun 2025)	2.97% (Dec 2024)	6.42 L	13.50 k
# Larsen & Toubro Ltd.	Civil construction	912	3.21%	0.00%	3.24% (Nov 2024)	2.94% (Apr 2025)	2.26 L	-0.16 L
# GAIL (India) Ltd.	Gas transmission/marketing	645.2	2.27%	0.00%	2.24% (Sep 2025)	1.11% (Oct 2024)	35.30 L	0.00
# HCL Technologies Limited	Computers - software & consulting	639.7	2.25%	0.00%	2.53% (Jun 2025)	2.07% (Sep 2025)	4.15 L	0.00
# Infosys Ltd.	Computers - software & consulting	595.6	2.10%	0.00%	3.55% (Feb 2025)	2.9% (Apr 2025)	4.02 L	-1.60 L
# Axis Bank Ltd.	Private sector bank	591.7	2.08%	0.00%	2.81% (Apr 2025)	2.29% (Nov 2024)	4.80 L	-1.91 L
# State Bank Of India	Public sector bank	528.7	1.86%	0.00%	2.14% (Oct 2024)	1.09% (Jun 2025)	5.64 L	1.76 L

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 31st Oct,2025)

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Sector
M-Cap

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Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
# HDFC Bank Ltd.	Private sector bank	14.24	1920.3	6.76%	0.00%	7.09% (Jul 2025)	6.06% (Jan 2025)	19.45 L	0.00	Other	15.22
# ICICI Bank Ltd.	Private sector bank	14.24	1532.6	5.40%	0.00%	5.53% (Sep 2025)	4.38% (Jan 2025)	11.39 L	0.00	Large Cap	40.32
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	4.62	1312.7	4.62%	0.00%	4.32% (Sep 2025)	3.08% (Oct 2024)	6.39 L	0.00	Large Cap	40.32
# Reliance Industries Ltd.	Refineries & marketing	3.36	953.5	3.36%	0.00%	3.44% (Jun 2025)	2.97% (Dec 2024)	6.42 L	13.50 k	Large Cap	40.32
# Larsen & Toubro Ltd.	Civil construction	3.21	912	3.21%	0.00%	3.24% (Nov 2024)	2.94% (Apr 2025)	2.26 L	-0.16 L	Large Cap	40.32
# GAIL (India) Ltd.	Gas transmission/marketing	2.27	645.2	2.27%	0.00%	2.24% (Sep 2025)	1.11% (Oct 2024)	35.30 L	0.00	Large Cap	40.32
# HCL Technologies Limited	Computers - software & consulting	4.35	639.7	2.25%	0.00%	2.53% (Jun 2025)	2.07% (Sep 2025)	4.15 L	0.00	Large Cap	40.32
# Infosys Ltd.	Computers - software & consulting	4.35	595.6	2.10%	0.00%	3.55% (Feb 2025)	2.9% (Apr 2025)	4.02 L	-1.60 L	Large Cap	40.32
# Axis Bank Ltd.	Private sector bank	14.24	591.7	2.08%	0.00%	2.81% (Apr 2025)	2.29% (Nov 2024)	4.80 L	-1.91 L	Large Cap	40.32
# State Bank Of India	Public sector bank	1.86	528.7	1.86%	0.00%	2.14% (Oct 2024)	1.09% (Jun 2025)	5.64 L	1.76 L	Large Cap	40.32
# Ultratech Cement Ltd.	Cement & cement products	1.72	489.8	1.72%	0.00%	1.8% (Sep 2025)	0.66% (Oct 2024)	41.00 k	0.00	Large Cap	40.32
# Eternal Ltd.	E-retail/ e-commerce	1.69	479.8	1.69%	0.00%	1.6% (Sep 2025)	1.15% (Mar 2025)	15.10 L	1.48 L	Other	15.22
# Apollo Hospitals Enterprises Ltd.	Hospital	1.64	466.6	1.64%	0.00%	1.62% (Sep 2025)	1.25% (Oct 2024)	60.75 k	0.00	Mid Cap	7.12
# Tata Steel Ltd.	Iron & steel products	1.58	450.1	1.58%	0.00%	1.49% (Sep 2025)	0.99% (Nov 2024)	24.62 L	0.00	Other	15.22
# Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	2.15	406.4	1.43%	0.00%	1.55% (Apr 2025)	1.28% (Nov 2024)	2.40 L	0.00	Large Cap	40.32
# National Thermal Power Corporation Ltd.	Power generation	1.4	397.6	1.40%	0.00%	1.66% (Oct 2024)	1.28% (Dec 2024)	11.80 L	0.00	Large Cap	40.32
# HDFC Life Insurance Company Ltd.	Life insurance	1.24	353.6	1.24%	0.00%	1.32% (Sep 2025)	0.86% (Dec 2024)	4.83 L	0.00	Large Cap	40.32
# United Spirits Ltd.	Breweries & distilleries	1.22	347.5	1.22%	0.00%	1.75% (Apr 2025)	1.43% (Aug 2025)	2.43 L	-0.89 L	Large Cap	40.32
# Bharat Electronics Ltd.	Aerospace & defense	1.17	332.5	1.17%	0.00%	1.31% (Sep 2025)	0.88% (Feb 2025)	7.80 L	-1.20 L	Mid Cap	7.12
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	1.73	313.9	1.10%	0.00%	1.11% (Sep 2025)	0% (Oct 2024)	90.00 k	0.00	Large Cap	40.32
# Jubilant Foodworks Ltd.	Restaurants	1.06	300.4	1.06%	0.00%	1.2% (Dec 2024)	0.92% (Aug 2025)	5.03 L	0.00	Other	15.22
# Crompton Greaves Consumer Electricals Ltd.	Household appliances	2.23	291.2	1.03%	0.00%	1.51% (Dec 2024)	1.15% (Jul 2025)	10.30 L	-1.27 L	Mid Cap	7.12
# Britannia Industries Ltd.	Packaged foods	1.02	289	1.02%	1.02%	0% (Nov 2025)	0% (Nov 2025)	49.51 k	49.51 k	Large Cap	40.32
# PB Fintech Ltd.	Financial technology (fintech)	0.98	277.3	0.98%	0.00%	1.4% (Dec 2024)	0.86% (Feb 2025)	1.55 L	0.00	Other	15.22
# InterGlobe Aviation Ltd.	Airline	0.92	261.6	0.92%	0.00%	0.94% (Sep 2025)	0% (Oct 2024)	46.50 k	0.00	Large Cap	40.32
# Amber Enterprises India Ltd.	Household appliances	2.23	237.1	0.83%	0.00%	1.04% (Dec 2024)	0.7% (Feb 2025)	29.50 k	0.00	Small Cap	4.09
# Hindustan Unilever Ltd.	Diversified fmcg	0.82	234.2	0.82%	0.00%	0.97% (Oct 2024)	0.8% (Jun 2025)	95.00 k	0.00	Large Cap	40.32
# Marico Ltd.	Personal care	0.82	232.7	0.82%	0.00%	0.78% (Sep 2025)	0.63% (Feb 2025)	3.23 L	13.20 k	Large Cap	40.32
# Cesc Ltd.	Integrated power utilities	0.81	228.7	0.81%	0.00%	0.74% (Sep 2025)	0% (Oct 2024)	12.71 L	0.00	Other	15.22
# Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	0.78	220.6	0.78%	0.00%	0.53% (May 2025)	0% (Oct 2024)	1.30 L	40.00 k	Other	15.22
# Pi Industries Ltd.	Pesticides & agrochemicals	0.74	211.1	0.74%	0.00%	0.65% (Jul 2025)	0% (Oct 2024)	59.00 k	7.70 k	Mid Cap	7.12
# Eris Lifesciences Ltd.	Pharmaceuticals	2.15	205.1	0.72%	0.00%	0.86% (Jun 2025)	0.73% (Jan 2025)	1.29 L	20.00	Small Cap	4.09
# Metropolis Healthcare Ltd.	Healthcare service provider	0.71	203	0.71%	0.00%	0.76% (Aug 2025)	0% (Oct 2024)	1.03 L	0.00	Other	15.22
# Amara Raja Batteries Limited	Auto components & equipments	1.89	190.9	0.67%	0.00%	0.9% (Nov 2024)	0.6% (Jul 2025)	1.90 L	0.00	Mid Cap	7.12
# Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	1.73	179.7	0.63%	0.00%	1.15% (Feb 2025)	0.51% (Jul 2025)	11.10 k	0.00	Large Cap	40.32
# WABCO India Ltd.	Auto components & equipments	1.89	173.9	0.61%	0.00%	0.51% (Aug 2025)	0% (Oct 2024)	14.00 k	3.18 k	Mid Cap	7.12
# Tube Investments Of India Ltd.	Auto components & equipments	1.89	172.3	0.61%	0.00%	0.65% (May 2025)	0.49% (Dec 2024)	57.00 k	0.00	Small Cap	4.09
# V-Mart Retail Ltd.	Diversified retail	0.59	167.1	0.59%	0.00%	0.52% (May 2025)	0% (Oct 2024)	2.01 L	34.00	Small Cap	4.09
# PNB Housing Finance Ltd.	Housing finance company	0.58	164.4	0.58%	0.00%	0.8% (Jun 2025)	0.41% (Oct 2024)	1.77 L	0.00	Mid Cap	7.12
# ICICI Lombard General Insurance Co Ltd.	General insurance	0.53	149.5	0.53%	0.00%	0.56% (Jun 2025)	0% (Oct 2024)	75.00 k	0.00	Large Cap	40.32
# Lemon Tree Hotels Ltd.	Hotels & resorts	0.47	133.9	0.47%	0.00%	1.07% (Dec 2024)	0.48% (Sep 2025)	8.10 L	0.00	Small Cap	4.09
# Teamlease Services Ltd.	Diversified commercial services	0.47	133	0.47%	0.00%	0.7% (Oct 2024)	0.32% (Sep 2025)	79.23 k	28.91 k	Small Cap	4.09
# Chemplast Sanmar Ltd.	Commodity chemicals	0.41	115.7	0.41%	0.00%	0.47% (Jun 2025)	0.41% (Sep 2025)	2.90 L	0.00	Other	15.22
# Kirloskar Oil Engines Ltd.	Compressors, pumps & diesel engines	0.4	115	0.40%	0.00%	0.56% (Oct 2024)	0.28% (Feb 2025)	1.15 L	0.00	Small Cap	4.09
# Whirlpool Of India Ltd.	Household appliances	2.23	104.9	0.37%	0.37%	0% (Nov 2025)	0% (Nov 2025)	75.00 k	75.00 k	Mid Cap	7.12
# Indus Towers Ltd.	Telecom - infrastructure	0.32	90.9	0.32%	0.00%	0.59% (Apr 2025)	0.27% (Dec 2024)	2.50 L	-1.25 L	Large Cap	40.32
# Prestige Estates Projects Ltd.	Residential, commercial projects	0.31	87.2	0.31%	0.00%	0.75% (Dec 2024)	0.35% (Oct 2024)	50.00 k	-0.50 L	Mid Cap	7.12
# Pearl Global Industries Limited	Trading – textiles	0.26	75	0.26%	0.00%	0.93% (Dec 2024)	0.36% (Apr 2025)	57.00 k	-0.33 L	Other	15.22
# Angel One Ltd.	Stockbroking & allied	0.18	49.9	0.18%	0.00%	0.21% (Jun 2025)	0% (Oct 2024)	20.00 k	0.00	Other	15.22
IDFC First Bank Ltd.	Private sector bank	14.24	27.9	0.00%	-0.10%	-	-	-	-	Mid Cap	7.12
Sapphire Foods India Ltd.	Restaurants	1.06	79.4	0.00%	-0.29%	-	-	-	-	Other	15.22

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Britannia Industries Ltd.	Packaged foods	289	1.02%	1.02%	0% (Nov 2025)	0% (Nov 2025)	49.51 k	49510
# Whirlpool Of India Ltd.	Household appliances	104.9	0.37%	0.37%	0% (Nov 2025)	0% (Nov 2025)	75.00 k	75000

Stocks removed from Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
IDFC First Bank Ltd.	Private sector bank	27.9	0.00%	-0.10%	0.1% (Sep 2025)	0% (Oct 2024)	0.00	-400000
Sapphire Foods India Ltd.	Restaurants	79.4	0.00%	-0.29%	0.68% (Oct 2024)	0.29% (Sep 2025)	0.00	-270216

Trend in stock holdings (Top 15 Holding)

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
HDFC Bank Ltd.	6.76%	6.66%	6.71%	7.09%	6.87%	6.84%	6.97%	6.72%	6.69%	6.06%	6.07%	6.29%	6.15%
ICICI Bank Ltd.	5.40%	5.53%	4.83%	4.99%	4.71%	5.02%	5.10%	5.00%	4.68%	4.38%	4.45%	4.48%	4.60%
Bharti Airtel Ltd.	4.62%	4.32%	3.54%	3.47%	3.57%	3.38%	3.49%	3.36%	3.20%	3.18%	3.11%	3.25%	3.08%
Reliance Industries Ltd.	3.36%	3.08%	3.11%	3.18%	3.44%	3.34%	3.40%	3.02%	2.99%	3.09%	2.97%	3.18%	3.15%
Larsen & Toubro Ltd.	3.21%	3.19%	3.18%	3.20%	3.10%	3.18%	2.94%	3.19%	3.03%	3.20%	3.07%	3.24%	3.00%
Infosys Ltd.	2.10%	2.91%	3.02%	3.00%	3.11%	2.94%	2.90%	3.15%	3.55%	3.44%	3.26%	3.29%	3.21%
Axis Bank Ltd.	2.08%	2.73%	2.56%	2.51%	2.70%	2.75%	2.81%	2.71%	2.62%	2.34%	2.30%	2.29%	2.41%
HCL Technologies Limited	2.25%	2.07%	2.20%	2.14%	2.53%	2.33%	2.29%	2.42%	2.51%	2.31%	2.22%	2.19%	2.16%
Tata Motors Ltd.	-	-	2.05%	2.23%	2.31%	2.48%	2.28%	2.48%	1.85%	1.86%	1.81%	1.97%	2.15%
GAIL (India) Ltd.	2.27%	2.24%	2.04%	2.00%	2.04%	2.07%	2.13%	2.14%	1.91%	1.92%	1.32%	1.31%	1.11%
State Bank Of India	1.86%	1.22%	1.14%	1.12%	1.09%	1.10%	1.10%	1.95%	1.83%	1.96%	1.96%	2.12%	2.14%
United Spirits Ltd.	1.22%	1.58%	1.43%	1.45%	1.56%	1.70%	1.75%	1.62%	1.56%	1.60%	1.70%	1.64%	1.60%
Eternal Ltd.	1.69%	1.60%	1.55%	1.47%	1.26%	1.30%	1.28%	2.31%	-	-	-	-	-
Zomato Ltd.	-	-	-	-	-	-	-	-	1.28%	1.24%	1.34%	1.38%	1.23%
Ultratech Cement Ltd.	1.72%	1.80%	1.70%	1.64%	1.63%	1.55%	1.65%	1.69%	1.57%	1.25%	1.24%	1.25%	0.66%
National Thermal Power Corporation Ltd.	1.40%	1.45%	1.30%	1.39%	1.48%	1.51%	1.54%	1.61%	1.47%	1.31%	1.28%	1.43%	1.66%

No of Debt Holding 27 (Category Avg - 29.94) | Modified Duration 3.25 Years (Category Avg - 3.15)| Yield to Maturity 7.16% (Category Avg - 6.66%)

Portfolio Summary (as on 31st Oct,2025)

Security Type	% Weight	Category Average
GOI	7.15%	8.55%
CD	0.00%	0.41%
T-Bills	0.00%	1.09%
CP	0.00%	0.29%
NCD & Bonds	21.80%	11.13%
PTC	0.00%	0.29%

Category - Dynamic Asset Allocation or Balanced Advantage

Security Type	% Weight	Category Average
Government Backed	7.15%	9.65%
Low Risk	21.80%	11.18%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Dynamic Asset Allocation or Balanced Advantage

Debt holding in Portfolio (as on 31st Oct,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Jubilant Bevco Ltd.	NCD & Bonds	Restaurants	AA	CRISIL	1263.30	4.45%	11.90 k
Bond - Jubilant Beverages Ltd.	NCD & Bonds	Other beverages	AA	CRISIL	828.25	2.92%	7.82 k
Bond - Poonawalla Fincorp Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	519.72	1.83%	5.00 k
Bond - Summit Digitel Infrastructure Pvt Ltd.	NCD & Bonds	Telecom - infrastructure	AAA	CRISIL	516.18	1.82%	5.00 k
Bond - Govt of India	GOI	Other			456.96	1.61%	45.00 L
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	454.47	1.60%	4.50 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	392.01	1.38%	7.00 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	333.11	1.17%	3.00 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	317.25	1.12%	300.00
Bond - Govt of India	GOI	Other			316.89	1.12%	30.00 L
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	282.51	0.99%	2.50 k
Bond - Kotak Mahindra Prime Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	272.61	0.96%	2.50 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	269.93	0.95%	2.50 k
Bond - Credila Financial Services Ltd.	NCD & Bonds	Non banking financial company (nbfc)	CARE AA	CARE	265.72	0.94%	2.50 k
Bond - LIC Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	262.93	0.93%	2.50 k
Bond - Govt of India	GOI	Other			259.15	0.91%	27.21 L
Bond - Govt of India	GOI	Other			255.59	0.90%	25.00 L
Bond - Govt of India	GOI	Other			250.73	0.88%	25.00 L
Bond - Govt of India	GOI	Other			211.12	0.74%	21.25 L
Bond - Govt of India	GOI	Other			206.56	0.73%	20.00 L
Bond - India Infrastructure Finance Co. Ltd.	NCD & Bonds	Financial institution	CARE AAA	CARE	108.84	0.38%	1.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	CARE AAA	CARE	101.77	0.36%	1.00 k
Bond - Govt of India	GOI	Other			50.52	0.18%	4.80 L
Bond - Govt of India	GOI	Other			8.17	0.03%	83.30 k
Bond - Govt of India	GOI	Other			5.33	0.02%	52.56 k
Bond - Govt of India	GOI	Other			5.07	0.02%	50.00 k
Bond - Govt of India	GOI	Other			1.47	0.01%	14.90 k