3 Best Balanced Funds by Franklin Templeton Mutual Fund 2026

Updated on June 29, 2026 , 3872 views

Franklin India Balanced Fund invests in both equities and debt instruments. About 65% of the Portfolio consists of equities and balanced is invested in fixed income securities. It gives an opportunity for investors to balance between growth and stability.

The fund house maintains a diversified portfolio of equities to achieve long-term growth combined with a money market instrument to act as a cushion to the Volatility in equities. Thus, investors who wish to add balanced funds in their portfolio can invest in schemes offered by Franklin Templeton Mutual Fund.

You can select schemes from the below-listed top 3 best balanced funds by Franklin Templeton Mutual Fund. These funds have been shortlisted by undertaking certain important criteria like AUM, NAV, past performances, etc.

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Why Invest in Franklin Mutual Fund?

Assurance

Franklin Templeton Mutual Fund has a glowing history of over two decades. Over the years, it has always looked after the best interests of the investors.

Tax Benefits

The company schemes offer the option to reduce taxable income thus, saving tax. Franklin India Tax Shield is one such scheme.

Expert Market Eye

The company has a keen eye for spotting high potential shares which are hidden in the market. It is also an expert in finding funds with low volatility.

Risk Management

Franklin Templeton Mutual Fund aims at cutting down the risk factor by seeking discounted undervalued stocks.

Fund Selection Methodology used to find 3 funds

Category: Hybrid
Asset Management Company : Franklin%20Templeton
Sorted On : daum (high to low)
Tags: fcpro
No Of Funds: 3

Best Franklin Templeton Balanced Mutual Funds

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)	Sub Cat.
Franklin India Equity Hybrid Fund Growth	₹267.345 ↑ 1.54	₹2,290	7.1	-2.7	-2.4	11.2	10.1	3.6	Hybrid Equity
Franklin India Debt Hybrid Fund Growth	₹92.3656 ↑ 0.24	₹192	3.6	0	1.1	7.9	7	5.9	Hybrid Debt
Franklin India Multi - Asset Solution Fund Growth	₹22.2007 ↑ 0.01	₹136	1.9	2.9	5.3	13	11.2	14.1	Dynamic Allocation
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 1 Jul 26

Research Highlights & Commentary of 3 Funds showcased

Commentary	Franklin India Equity Hybrid Fund	Franklin India Debt Hybrid Fund	Franklin India Multi - Asset Solution Fund
Point 1	Highest AUM (₹2,290 Cr).	Lower mid AUM (₹192 Cr).	Bottom quartile AUM (₹136 Cr).
Point 2	Oldest track record among peers (26 yrs).	Established history (25+ yrs).	Established history (11+ yrs).
Point 3	Top rated.	Rating: 3★ (lower mid).	Not Rated.
Point 4	Risk profile: Moderately High.	Risk profile: Moderate.	Risk profile: Moderately High.
Point 5	5Y return: 10.11% (lower mid).	5Y return: 6.97% (bottom quartile).	5Y return: 11.19% (upper mid).
Point 6	3Y return: 11.24% (lower mid).	3Y return: 7.93% (bottom quartile).	3Y return: 12.98% (upper mid).
Point 7	1Y return: -2.40% (bottom quartile).	1Y return: 1.11% (lower mid).	1Y return: 5.35% (upper mid).
Point 8	1M return: 3.47% (upper mid).	1M return: 1.87% (lower mid).	1M return: 1.16% (bottom quartile).
Point 9	Alpha: -3.82 (bottom quartile).	Alpha: -0.94 (lower mid).	Alpha: 0.00 (upper mid).
Point 10	Sharpe: -0.69 (lower mid).	Sharpe: -1.00 (bottom quartile).	Sharpe: 0.15 (upper mid).

Franklin India Equity Hybrid Fund

Highest AUM (₹2,290 Cr).
Oldest track record among peers (26 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 10.11% (lower mid).
3Y return: 11.24% (lower mid).
1Y return: -2.40% (bottom quartile).
1M return: 3.47% (upper mid).
Alpha: -3.82 (bottom quartile).
Sharpe: -0.69 (lower mid).

Franklin India Debt Hybrid Fund

Lower mid AUM (₹192 Cr).
Established history (25+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
5Y return: 6.97% (bottom quartile).
3Y return: 7.93% (bottom quartile).
1Y return: 1.11% (lower mid).
1M return: 1.87% (lower mid).
Alpha: -0.94 (lower mid).
Sharpe: -1.00 (bottom quartile).

Franklin India Multi - Asset Solution Fund

Bottom quartile AUM (₹136 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 11.19% (upper mid).
3Y return: 12.98% (upper mid).
1Y return: 5.35% (upper mid).
1M return: 1.16% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: 0.15 (upper mid).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.: 112358
MCA CIN: U74999MH2016PTC282153
Location: Thane, Maharashtra, India
Experience: 10+ years in Mutual Fund distribution

Our Expertise

Certified Mutual Fund Distributors with hands-on advisory experience.
Market analysts tracking performance, macro trends, and sectors.
Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
Expert review: Senior team members review every article and list for accuracy.
Updates: Regular refreshes so performance data reflects current market conditions.

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Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

1. Franklin India Equity Hybrid Fund

(Erstwhile Franklin India Balanced Fund)

The fund aims to provide long term capital appreciation and current income by investing in equity and equity related securities and high quality fixed income instruments.

Research Highlights for Franklin India Equity Hybrid Fund

Highest AUM (₹2,290 Cr).
Oldest track record among peers (26 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 10.11% (lower mid).
3Y return: 11.24% (lower mid).
1Y return: -2.40% (bottom quartile).
1M return: 3.47% (upper mid).
Alpha: -3.82 (bottom quartile).
Sharpe: -0.69 (lower mid).
Information ratio: 0.34 (upper mid).

Below is the key information for Franklin India Equity Hybrid Fund

Franklin India Equity Hybrid Fund Growth
Launch Date	10 Dec 99
NAV (01 Jul 26)	₹267.345 ↑ 1.54 (0.58 %)
Net Assets (Cr)	₹2,290 on 31 May 26
Category	Hybrid - Hybrid Equity
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.11
Sharpe Ratio	-0.69
Information Ratio	0.34
Alpha Ratio	-3.82
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹9,787
30 Jun 23	₹11,746
30 Jun 24	₹15,464
30 Jun 25	₹16,562
30 Jun 26	₹16,077

Franklin India Equity Hybrid Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578 Invest Now

Returns for Franklin India Equity Hybrid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Jul 26

Duration	Returns
1 Month	3.5%
3 Month	7.1%
6 Month	-2.7%
1 Year	-2.4%
3 Year	11.2%
5 Year	10.1%
10 Year
15 Year
Since launch	13.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	3.6%
2023	17.7%
2022	22.5%
2021	4.7%
2020	23.8%
2019	13.7%
2018	7.9%
2017	-1.6%
2016	21%
2015	7.6%

Fund Manager information for Franklin India Equity Hybrid Fund

Name	Since	Tenure
Ajay Argal	4 Oct 24	1.66 Yr.
Anuj Tagra	7 Mar 24	2.23 Yr.
Chandni Gupta	7 Mar 24	2.23 Yr.
Sandeep Manam	18 Oct 21	4.62 Yr.
Rajasa Kakulavarapu	6 Sep 21	4.74 Yr.

Data below for Franklin India Equity Hybrid Fund as on 31 May 26

Asset Allocation

Asset Class	Value
Cash	5.76%
Equity	70.82%
Debt	23.43%

Equity Sector Allocation

Sector	Value
Financial Services	24%
Industrials	10.36%
Consumer Cyclical	7.46%
Basic Materials	4.17%
Technology	4.1%
Energy	4.1%
Health Care	3.94%
Consumer Defensive	3.72%
Utility	3.63%
Communication Services	3.03%
Real Estate	2.31%

Debt Sector Allocation

Sector	Value
Corporate	16.85%
Government	6.58%
Cash Equivalent	5.76%

Credit Quality

Rating	Value
AA	32.44%
AAA	67.56%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 07 \| HDFCBANK	5%	₹119 Cr	1,540,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 18 \| ICICIBANK	5%	₹114 Cr	900,000
Jubilant Bevco Limited Debentures \| -	5%	₹109 Cr	9,994
Reliance Industries Ltd (Energy) Equity, Since 31 May 22 \| RELIANCE	4%	₹94 Cr	660,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Jun 14 \| 532215	4%	₹82 Cr	650,000
State Bank of India (Financial Services) Equity, Since 31 Dec 15 \| SBIN	3%	₹76 Cr	710,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Oct 05 \| BHARTIARTL	3%	₹70 Cr	370,000
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Dec 19 \| LT	3%	₹69 Cr	173,000
Jubilant Beverages Limited Debentures \| -	3%	₹66 Cr	6,136
NTPC Ltd (Utilities) Equity, Since 31 Oct 16 \| 532555	2%	₹52 Cr	1,300,000

2. Franklin India Debt Hybrid Fund

(Erstwhile Franklin India Monthly Income Plan - Plan A)

The investment objective of the scheme is to provide regular income through a portfolio of predominantly high quality fixed income securities with a maximum exposure of 20% to equities.

Research Highlights for Franklin India Debt Hybrid Fund

Lower mid AUM (₹192 Cr).
Established history (25+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
5Y return: 6.97% (bottom quartile).
3Y return: 7.93% (bottom quartile).
1Y return: 1.11% (lower mid).
1M return: 1.87% (lower mid).
Alpha: -0.94 (lower mid).
Sharpe: -1.00 (bottom quartile).
Information ratio: 0.23 (lower mid).

Below is the key information for Franklin India Debt Hybrid Fund

Franklin India Debt Hybrid Fund Growth
Launch Date	28 Sep 00
NAV (01 Jul 26)	₹92.3656 ↑ 0.24 (0.26 %)
Net Assets (Cr)	₹192 on 31 May 26
Category	Hybrid - Hybrid Debt
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.4
Sharpe Ratio	-1
Information Ratio	0.23
Alpha Ratio	-0.94
Min Investment	20,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹10,070
30 Jun 23	₹11,138
30 Jun 24	₹12,744
30 Jun 25	₹13,838
30 Jun 26	₹13,966

Franklin India Debt Hybrid Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992 Invest Now

Returns for Franklin India Debt Hybrid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Jul 26

Duration	Returns
1 Month	1.9%
3 Month	3.6%
6 Month	0%
1 Year	1.1%
3 Year	7.9%
5 Year	7%
10 Year
15 Year
Since launch	9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	5.9%
2023	10.7%
2022	11.4%
2021	4%
2020	8.1%
2019	7.1%
2018	8.4%
2017	2.1%
2016	9.2%
2015	9.5%

Fund Manager information for Franklin India Debt Hybrid Fund

Name	Since	Tenure
Rahul Goswami	10 Nov 23	2.56 Yr.
Pallab Roy	7 Mar 24	2.24 Yr.
Venkatesh Sanjeevi	4 Oct 24	1.66 Yr.
Rohan Maru	10 Oct 24	1.64 Yr.
Sandeep Manam	18 Oct 21	4.62 Yr.
Rajasa Kakulavarapu	6 Sep 21	4.74 Yr.

Data below for Franklin India Debt Hybrid Fund as on 31 May 26

Asset Allocation

Asset Class	Value
Cash	25.4%
Equity	22.06%
Debt	52.14%
Other	0.41%

Equity Sector Allocation

Sector	Value
Financial Services	7.62%
Industrials	2.86%
Consumer Cyclical	2.31%
Technology	1.42%
Consumer Defensive	1.4%
Energy	1.36%
Health Care	1.26%
Utility	1.14%
Basic Materials	1.11%
Communication Services	1.11%
Real Estate	0.46%

Debt Sector Allocation

Sector	Value
Corporate	50.6%
Cash Equivalent	17.75%
Government	9.18%

Credit Quality

Rating	Value
AA	15.61%
AAA	84.39%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bajaj Finance Limited Debentures \| -	8%	₹15 Cr	1,500
Jubilant Bevco Limited Debentures \| -	8%	₹14 Cr	1,300
National Bank For Agriculture And Rural Development Debentures \| -	6%	₹10 Cr	1,000
Small Industries Development Bank Of India Debentures \| -	5%	₹10 Cr	1,000
Bajaj Housing Finance Limited Debentures \| -	5%	₹10 Cr	100
Poonawalla Fincorp Limited Debentures \| -	5%	₹10 Cr	1,000
Rec Limited Debentures \| -	4%	₹7 Cr	1,174 ↓ -326
Mahindra And Mahindra Financial Services Limited Debentures \| -	3%	₹5 Cr	500
Kotak Mahindra Investments Limited Debentures \| -	3%	₹5 Cr	500
Power Finance Corporation Limited Debentures \| -	3%	₹5 Cr	50

3. Franklin India Multi - Asset Solution Fund

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, gold and cash by investing in funds investing in these asset classes. However, there is no assurance or guarantee that the objective of the scheme will be achieved.

Research Highlights for Franklin India Multi - Asset Solution Fund

Bottom quartile AUM (₹136 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 11.19% (upper mid).
3Y return: 12.98% (upper mid).
1Y return: 5.35% (upper mid).
1M return: 1.16% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: 0.15 (upper mid).
Information ratio: 0.00 (bottom quartile).

Below is the key information for Franklin India Multi - Asset Solution Fund

Franklin India Multi - Asset Solution Fund Growth
Launch Date	28 Nov 14
NAV (30 Jun 26)	₹22.2007 ↑ 0.01 (0.04 %)
Net Assets (Cr)	₹136 on 31 May 26
Category	Hybrid - Dynamic Allocation
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.36
Sharpe Ratio	0.15
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-3 Years (1%),3 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹10,704
30 Jun 23	₹11,788
30 Jun 24	₹14,135
30 Jun 25	₹16,136
30 Jun 26	₹16,999

Franklin India Multi - Asset Solution Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 Invest Now

Returns for Franklin India Multi - Asset Solution Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Jul 26

Duration	Returns
1 Month	1.2%
3 Month	1.9%
6 Month	2.9%
1 Year	5.3%
3 Year	13%
5 Year	11.2%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	14.1%
2023	11.7%
2022	14.9%
2021	3.9%
2020	25.5%
2019	-14%
2018	8.2%
2017	0.4%
2016	11.1%
2015	7.8%

Fund Manager information for Franklin India Multi - Asset Solution Fund

Name	Since	Tenure
Rahul Goswami	4 Jul 25	0.91 Yr.
Pallab Roy	4 Jul 25	0.91 Yr.
Rohan Maru	4 Jul 25	0.91 Yr.

Data below for Franklin India Multi - Asset Solution Fund as on 31 May 26

Asset Allocation

Asset Class	Value
Cash	65.12%
Debt	34.89%
Other	0.14%

Equity Sector Allocation

Sector	Value
Financial Services	10.82%
Basic Materials	2.98%
Industrials	2.46%
Energy	2.33%
Consumer Cyclical	2.24%
Communication Services	1.85%
Health Care	1.5%
Consumer Defensive	1.3%
Utility	1.1%
Real Estate	0.48%
Technology	0.46%

Debt Sector Allocation

Sector	Value
Cash Equivalent	47.71%
Corporate	33.84%
Government	18.45%

Credit Quality

Rating	Value
AA	4.96%
AAA	95.04%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Franklin India Money Mkt Dir Gr Investment Fund \| -	19%	₹26 Cr	4,823,211 ↑ 366,224
Franklin India Arbitrage Dir Gr Investment Fund \| -	19%	₹26 Cr	23,755,968 ↑ 2,269,252
Franklin India Corp Dbt Dir Gr Investment Fund \| -	17%	₹23 Cr	2,020,077 ↑ 132,564
Franklin India Gov Sec Dir Gr Investment Fund \| -	11%	₹14 Cr	2,173,334
Aditya BSL Arbitrage Dir Gr Investment Fund \| -	7%	₹10 Cr	3,347,424 ↑ 331,620
Kotak Arbitrage Dir Gr Investment Fund \| -	7%	₹10 Cr	2,329,214
Tata Arbitrage Dir Gr Investment Fund \| -	6%	₹9 Cr	5,399,085
Axis Corporate Bond Dir Gr Investment Fund \| -	4%	₹6 Cr	2,994,043
Kotak Corporate Bond Dir Gr Investment Fund \| -	4%	₹6 Cr	13,741
Franklin India Mdm to Lg Dur Dir Gr Investment Fund \| -	1%	₹1 Cr	918,076

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.