When you invest for three years or above, you can expect gains that beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.
Balanced hybrid funds invest roughly half of your money in equity shares and the rest in bonds and commodities. Their returns are lower than pure equity funds which invest all your money in shares, but they also fall less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.
Like all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than three years.
Taxability of earnings:
The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.
|VR Balanced TRI||-24.16||2.99||8.07||-19.00||-24.16||-20.01||-19.61||0.64||2.61||7.48||6.59|
|Hybrid: Balanced Hybrid||-19.77||-1.67||-3.30||-18.04||-20.04||-16.34||-16.82||-2.40||1.40||6.20||6.00|
|Rank within category||1||2||3||1||1||1||1||1||1||1||1|
|Number of funds in category||10||10||10||10||10||10||10||10||8||8||8|
As on 03-Apr-2020
|Best (Period)||Worst (Period)|
|Week||7.45 (12-May-2009 - 19-May-2009)||-6.90 (10-Sep-2001 - 17-Sep-2001)|
|Month||11.65 (11-May-2009 - 10-Jun-2009)||-13.85 (20-Feb-2020 - 23-Mar-2020)|
|Quarter||26.93 (09-Mar-2009 - 10-Jun-2009)||-15.45 (02-Sep-2008 - 02-Dec-2008)|
|Year||45.73 (24-Apr-2003 - 23-Apr-2004)||-25.90 (14-Jan-2008 - 13-Jan-2009)|
|VR Balanced TRI||1.90||15.58||-0.23||-0.24||--||--|
|Hybrid: Balanced Hybrid||-0.55||11.74||-0.53||-0.48||0.71||-3.53|
|Rank within category||1||1||3||3||1||2|
|Number of funds in category||10||10||10||10||10||10|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Mar-2020
|Number of Stocks||33|
|Top 10 Holdings (%)||52.31|
|Top 5 Holdings (%)||35.12|
|Top 3 Sectors (%)||18.94|
|Portfolio P/B Ratio||2.15|
|Portfolio P/E Ratio||18.84|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|7.57% GOI 17/06/2033||GOI Securities||SOV||0.00 - 12.23||12.23|
|8.95% Pipeline Infrastructure 22/03/2024||Non Convertible Debenture||AAA||0.00 - 9.24||9.03|
|9.00% State Bank of India 2021||Bonds||AA+||0.00 - 5.79||5.69|
|KKR India Financial Services 2021||Debenture||AA||0.00 - 4.02||4.02|
|8.80% REC 14/05/2029||Debenture||AAA||0.00 - 3.62||3.62|
|9.25% Reliance Jio Infocomm 16/06/2024||Debenture||AAA||0.00 - 3.56||3.56|
|9.15% Tata Steel 24/01/2021||Debenture||AA||0.00 - 3.46||3.41|
|8.60% Export-Import Bank 30/04/2099||Bonds||AA+||0.00 - 3.44||3.39|
|8.80% JM Financial Products 28/09/2020||Bonds/Debentures||AA||0.00 - 2.85||2.85|
|9.25% Power Finance Corp. 25/09/2024||Non Convertible Debenture||AAA||0.00 - 2.40||2.40|
|9.70% Coastal Gujarat Power 27/08/2023||Non Convertible Debenture||AA||0.00 - 2.34||2.34|
|9.15% ICICI Bank||Debenture||AA+||0.00 - 2.31||2.31|
|7.33% IRFC 27/08/2027||Debenture||AAA||0.00 - 2.27||2.27|
|8.97% REC 28/03/2029||Non Convertible Debenture||AAA||0.00 - 5.70||2.07|
|8.85% REC 16/04/2029||Non Convertible Debenture||AAA||0.00 - 1.45||1.45|
|8.90% Vedanta 2021||Non Convertible Debenture||AA||0.00 - 1.35||1.35|
|9.00% Indostar Capital Finance 2023||Debenture||AA-||0.00 - 1.15||1.11|
|7.27% GOI 2026||GOI Securities||SOV||0.00 - 7.87||0.94|
|9.75% Jamnagar Utilities and Power 2024||Debenture||AAA||0.00 - 0.59||0.59|
|8.85% Power Finance Corp. 25/05/2029||Bonds/NCDs||AAA||0.00 - 0.12||0.12|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Kotak Mahindra Bank||Financial||24.98||2.01||1.25||1.95|
|Dr. Reddy's Lab||Healthcare||30.73||1.74||1.16||1.66|
|Gujarat State Petronet||Energy||6.33||0.94||0.62||0.85|
|Mahindra & Mahindra||Automobile||16.21||1.47||0.68||0.68|
|Kansai Nerolac Paints||Chemicals||37.51||0.76||0.52||0.64|
|State Bank of India||Financial||13.34||2.39||0.54||0.60|
|Power Grid Corporation||Energy||5.27||1.01||0.00||0.53|
|Aditya Birla Fashion and Retail||Services||57.14||0.98||0.28||0.37|
Indicates a new holding since last portfolio
As on 29-Feb-2020
Education: Mr. Natarajan has done B.E. (Chemical Engineering), PGDIM & CFA
Experience: Prior to joining Franklin Templeton Mutual Fund, he has worked with kotak Institutional Equity, JM Financial and Nomura.
Education: Mr. Reddy is a B.Tech in Mechanical Engineering from Jawaharlal Nehru Technical University, Hyderabad and also holds a PGDM from IIM-A.
Experience: Prior to joining Franklin Templeton Mutual Fund he was associated with ICICI Pru Life Insurance Company Ltd. as Head-Equity (Jun 2004-Feb 2016), HSBC Capital Markets as Equity analyst (Apr 2003-May 2004), ABN Amro Asia Equities as Equity Analyst (Feb 2000-Mar 2003), UTI as Buy Side Analyst (Jun 1997-Feb 2000) and Crompton Greaves as Design Executive (Aug 1993-Jun 1995).
Education: Mr. Desai is a B.E and PGDM from IIM Bangalore.
Experience: Prior to joining Sundaram Mutual Fund he has worked with ICICI Bank, Infosys Technologies and Thermax.
Education: Mr. Sharma is a B.Com (H), CS and CA.
Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
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The scheme seeks to generate steady returns along with tax savings through a portfolio of upto 40% in equities with the balance invested in fixed income instruments. This is to ensure relative stability and deliver superior returns.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||500|
|Exit Load||For Redemption or switch out of units before the attainment of retirement age i.e 58 years
|Fund House:||Franklin Templeton Mutual Fund|
|Return Since Launch:||11.43%|
|Benchmark:||CRISIL Composite Bond (60), NIFTY 500 TRI (40)|
|Assets:||₹ 448 Cr (As on 29-Feb-2020)|
|Expense:||2.28% (As on 29-Feb-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Franklin Templeton Asset Management India Private Ltd
Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013
Phone: 1800-425-4255 / 60004255
Email: [email protected]
Registrar & Transfer Agent: Franklin Templeton Asset Management (India) Pvt. Ltd.
Address: Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi Chennai - 600096