NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Franklin India Multi - Asset Solution Fund of Funds Growth Plan for NRI [18.38]

Min Investment

5,000

Fund Size

53.6 Cr

Expense Ratio

1.4%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

18.38

0.32%

NAV as on 20 Jun 24, 12:00 AM

high risk

multi asset allocation

fof

NAV as on 20 Jun 24, 12:00 AM

high risk

multi asset allocation

fof

19.46%p.a.

Last 1Y

12.18%p.a.

Last 3Y

7.84%p.a.

Last 5Y

6.35%p.a.

Since Inception

About Franklin India Multi - Asset Solution Fund of Funds Growth Plan for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Multi - Asset Solution Fund of Funds Growth Plan scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Nov 2014, Franklin India Multi - Asset Solution Fund of Funds Growth Plan is Multi Asset Allocation fund of its category with 53.6 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.

  • Franklin India Multi - Asset Solution Fund of Funds Growth Plan delivered 19.5% annual returns during the last year. It has delivered 6.3% average annual returns since the fund was launched.
  • Franklin India Multi - Asset Solution Fund of Funds Growth Plan scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in fof

Fund Objective

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 and gold by investing in funds investing in these asset classes.

Top 7 Holdings

Franklin India Bluechip Dir Gr

29.09%

Nippon India ETF Gold BeES

26.20%

ICICI Pru Short Term Dir Gr

20.03%

SBI Short Term Debt Dir Gr

20.02%

Franklin India S/T Income Dir Gr

0.02%

Franklin India Liquid Sup Inst Dir Gr

0.01%

Franklin India S/T Inc Sgtd Ptf3DirRetGr

0.00%

Fund Managers

  1. Varun Sharma (Sep 2023 - Present)
  2. Rajasa Kakulavarapu (Feb 2022 - Present)

Key Information

View Scheme Document

Franklin India Multi - Asset Solution Fund of Funds Growth Plan SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Franklin India Multi - Asset Solution Fund of Funds Growth Plan

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Franklin India Multi - Asset Solution Fund of Funds Growth Plan?

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 Multi - Asset Solution Fund of Funds Growth Plan
  • 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

Frequently Asked Questions