Mutual funds provide excellent returns in long periods of investing from SIP. But, in a fund of Franklin India AMC, a fund of Rs 4.27 lakh was prepared from an investment of Rs 10,000 every month in just 3 years. The name of this fund is Frankylon India Balanced Advantage Fund. The fund started in September 2022. If you had invested 10000 rupees every month in this fund from SIP, then your investment would have increased to Rs 4.27 lakh in August 2025.
This fund invests in both equity and date
If you had invested one lakh rupees in this fund in September 2022, then your investment would have increased to Rs 1.42 lakh. Franklin India Balanced Advantage Fund is a hybrid scheme. This means that this fund invests its money in both equity and date. This is an open-end dynamic asset allocation scheme. Its asset under management (AUM) has crossed Rs 2,700 crore. On August 29, its compounded annual growth rate (CAGR) was 12.54 percent. This is more than the 10.19 percent CAGR return of the 50:50 index of the benchmark Nifty 50 Hybrid Composite Date of this fund.
Minimum investment can be started from Rs 500
It uses flexi-cap approach to invest in fund shares. It invests in stocks of large, mid and small cap companies. Six fund managers are responsible for the management of this fund. Investment can be started in this scheme from just Rs 500 every month. Analysts say that the compounding in investment gets more benefit only when investment is made for long periods. Investors should invest for a long period to prepare a larger fund from investment through SIP every month.
Fund’s earlier returns are not guaranteed good returns in future
Experts say that it is not right to invest in it by looking at the good returns before a fund. Earlier good returns cannot be considered a guarantee of attractive returns in future. Investors should decide the investment by looking at their ability to take risk, investment duration and investment target. Financial advisor can be consulted on investment in a fund. Hybrid funds are also called balanced funds. These are slightly lower than equity funds. However, there is also a risk in them.