NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹158.06
-0.44%
NAV as on 27 Oct 24, 12:00 AM
high risk
fund of funds
fof
NAV as on 27 Oct 24, 12:00 AM
high risk
fund of funds
fof
20.82%p.a.
Last 1Y
13.23%p.a.
Last 3Y
13.28%p.a.
Last 5Y
14.23%p.a.
Since Inception
About Franklin India Dynamic Asset Allocation Fund Of Funds Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Dynamic Asset Allocation Fund Of Funds Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Oct 2003, Franklin India Dynamic Asset Allocation Fund Of Funds Growth is Fund of Funds fund of its category with 1,346.74 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
- Franklin India Dynamic Asset Allocation Fund Of Funds Growth delivered 20.8% annual returns during the last year. It has delivered 14.2% average annual returns since the fund was launched.
- Franklin India Dynamic Asset Allocation Fund Of Funds Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in fof
Fund Objective
To provide long-term capital appreciation with relatively lower volatility through a dynamically balanced portfolio of equity and income funds. The equity allocation (i.e. the allocation to the diversified equity fund) will be determined based on the month-end weighted average P/E and P/B ratios of the Nifty 500 Index.
Top 6 Holdings
Franklin India Flexi Cap Dir Gr
43.40%
ICICI Pru Short Term Dir Gr
27.63%
SBI Short Term Debt Dir Gr
27.61%
Franklin India S/T Income Dir Gr
0.02%
Franklin India Dynamic Accrual Fund- Segregated Portfolio 3- 9.50% Yes Bank
0.00%
Franklin India S/T Inc Sgtd Ptf3DirRetGr
0.00%
Fund Managers
- Venkatesh Sanjeevi (Oct 2024 - Present)
- Rajasa Kakulavarapu (Feb 2022 - Present)
Key Information
View Scheme Document
Franklin India Dynamic Asset Allocation Fund Of Funds Growth SIP Calculator
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For a period of
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₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Franklin India Dynamic Asset Allocation Fund Of Funds Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Franklin India Dynamic Asset Allocation Fund Of Funds Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Franklin India Dynamic Asset Allocation Fund Of Funds Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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13.0%
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ICICI Prudential Passive Multi-Asset Fund of Funds Growth
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0.0%
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