NFO Alert: Franklin Templeton Mutual Fund launches multi-asset allocation fund
Franklin India Multi Asset Allocation Fund
(FIMAAF), an open-ended multi asset allocation fund investing in equity, debt and commodities.
The
new fund offer
or NFO of the fund will open for subscription on July 11 and will close on July 25. During the NFO period, the units will be available at Rs 10 per unit. The fund will reopen for continuous sale and repurchase on August 4.
Also Read |
Investing in JioBlackRock Liquid Fund? Find out 1-month to 1-year return of other liquid funds
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View
Details
»
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Play War Thunder now for free
War Thunder
Play Now
Undo
This dynamically managed fund will aim to generate long-term capital appreciation by investing in equities with a blend of growth and value strategies across large, mid and small cap segments, complemented by allocations to debt, money market instruments, and commodities, according to a press release by the fund house.
"The launch of this fund reflects our commitment to understanding our clients' priorities, goals and challenges – and delivering solutions that are aligned with their long-term financial objectives. FIMAAF adopts a flexible allocation strategy that is designed with an aim to leverage the distinct risk-return profile of equities, fixed income, and commodities,' said Avinash Satwalekar, President, Franklin Templeton–India
Live Events
'In the current volatile environment — where equity valuations are elevated and bond yields are stabilizing — a portfolio combining these asset classes with commodities like gold can deliver superior risk adjusted returns,' he added.
He further added, 'We strongly believe that FIMAAF, guided by our proprietary global model integrating macroeconomic indicators with qualitative insights from our portfolio managers, can offer a compelling investment solution for our clients."
The fund will be benchmarked against 65% Nifty 500 + 20% Nifty Short Duration Index + 5% Domestic price of gold+ 5% Domestic price of silver + 5% iCOMDEX composite Index and will be managed by Janakiraman Rengaraju, Rajasa K, Rohan Maru, Pallab Roy, Sandeep Manam.
Also Read |
Quant Small Cap Fund adds Siemens Energy India, 5 others; exits ITC in June
For fresh purchase, the minimum amount is Rs 5,000 and for SIP, the minimum amount is Rs 500. For additional purchase, the minimum amount is Rs 1,000. For redemption, the minimum amount is Rs 1,000. The amount for subscription and redemption in excess of the minimum amount specified above is any amount in multiple of Re 1.
'Equity investments are crucial for portfolio growth but are inherently subject to volatility and periodic corrections. While our long-term outlook for India is positive, some of the factors weighing on the markets in the near term are modest earnings growth, high valuations and geopolitical risks. In such an environment, exposure to other asset classes like debt and gold that have useful and low correlation with equities can help cushion the volatility and drawdowns of the portfolio,' said
Janakiraman R
, Chief Investment Officer – Emerging Markets Equity-India, Franklin Templeton.
'Keeping this in mind, we are offering a fund that diversifies across multiple asset classes. For equity allocation, Franklin India Multi Asset Allocation Fund uses a bottom-up QGSV framework (Quality, Growth, Sustainability & Valuation) for stock selection and adopts a well-diversified strategy across sectors and market capitalizations,' Janakiraman R added.
In respect of each purchase of units, upto 10% of the units may be redeemed without any
exit load
within one year from the date of allotment. Any redemption in excess of the above limit shall be subject to an exit load of 0.50 %, if redeemed on or before one year from the date of allotment, the exit load will be nil, if redeemed after 1 year from the date of allotment
Also Read |
Mutual fund SIP inflows surge past Rs 27,000 crore for the first time in June
'Over the last 20 years, the top-performing asset class has varied periodically between equities, fixed income and commodities. Hence, a portfolio with an optimal asset allocation amongst them from time to time can provide investors with a balanced strategy that offers growth potential with lower downside risk,' said
Rahul Goswami
, Chief Investment Officer, India Fixed Income, Franklin Templeton.
'The debt portion of Franklin India Multi Asset Allocation Fund aims to balance safety, liquidity, and returns by actively managing portfolio maturities according to its investment objectives. Utilizing in-house research capabilities, the team will look beyond credit ratings to identify high-quality fixed income opportunities, primarily focusing on AAA-rated instruments,' Goswami added.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
38 minutes ago
- Time of India
Retired govt employee, brother lose Rs 4.4 cr in stock trading scam
Hyderabad: A 61-year-old retired govt employee and his 58-year-old brother were duped of 4.48 crore by fraudsters operating a fake stock trading portal. According to officials, the retired govt employee, a resident of Kothapet, clicked on a YouTube advertisement link about a stock marketing investment platform. Within hours of clicking the link, the victim began receiving WhatsApp messages and voice calls from individuals posing as Rajiv Mehta and his associates, Sana Kapoor and Krithika Joshi. The trio allegedly promised one month of VIP trading with zero commission for anyone who voted daily for Mehta in a purported 'World Finance Challenge' that carried an $8 million prize, which, they claimed, would be shared among supporters. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad | Gold Rates Today in Hyderabad | Silver Rates Today in Hyderabad Lured by screenshots showing soaring returns and offers of free access to initial public offerings, the siblings allowed Krithika Joshi to open a trading account for them on the 'portal'. As per their advice, between June 24 and Aug 2, the victims transferred 4.48 crore in 23 transactions from their three bank accounts to multiple accounts provided by the accused. On Aug 2, when the balance on their account was displayed as 39 crore, the brothers decided to withdraw 2 crore to clear housing loan. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Brain tumor has left my son feeling miserable; please help! Donate For Health Donate Now Undo However, the fraudsters demanded 3.5 crore as 'performance fee', contradicting their earlier promises of zero commission. Suspecting foul play, the brothers travelled to Bengaluru on Aug 6, where the original stock trading company's head office was located. "The company staff in Bengaluru informed us that the platform we used was fake, closely mimicking their company's URL. The fraudsters had even used the name of one of their former employee. After returning to Hyderabad, my brother suffered a stress-induced heart attack and was hospitalised for four days," said the 58-year-old in his police complaint. The victims filed an online complaint and submitted supporting bank statements, chat logs, and screen captures to TGCSB on Aug 14. An FIR was registered under Section 66D of the IT Act and Sections 318(4), 319(2), and 338 of the Bharatiya Nyaya Sanhita. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !
Time of India
an hour ago
- Time of India
Gemini Daily Horoscope Today, August 16, 2025: The stars warn against impulsive spending today
Today encourages you to go with the flow and trust that everything is happening at the right time. Situations may not seem clear now, but they are shaping for your benefit. Let go of unnecessary doubts and stay open to new experiences. People around you may surprise you with support or new ideas. Avoid overplanning and enjoy each moment. Your positive attitude will attract good opportunities. Keep faith in yourself and allow life to move at its pace. Gemini Love Horoscope Today In love, trust plays an important role today. If in a relationship, avoid unnecessary arguments and focus on understanding each other. A calm conversation can solve hidden issues. Show affection through words and actions to strengthen closeness. For singles, someone interesting may cross your path but take time to know them. Do not let past fears stop you from enjoying new beginnings. Let love unfold naturally, and believe that the right connection will come at the perfect moment. Gemini Career Horoscope Today Your career today may present both challenges and chances. You may need to adapt to changes quickly to stay ahead. Creative thinking will help you solve problems easily. Avoid rushing tasks, instead work with focus to avoid mistakes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More Undo Your communication skills will shine and impress seniors. Be open to learning from others as it will help you grow. Trust that even small efforts will lead to bigger achievements soon. Keep moving steadily and believe in your potential fully. Gemini Money Horoscope Today Finances today need practical handling. Avoid lending or borrowing large sums as it may create confusion later. Plan expenses wisely and avoid unnecessary purchases. You may receive small gains from past efforts, bringing some relief. Consider saving a part of your income for emergencies. If making investments, research carefully before finalizing. Keep control over impulses to spend, as discipline will help you secure your financial position. Trust that consistent planning will slowly bring stability and prosperity in your life. Gemini Health Horoscope Today Health today calls for balance and awareness. You may feel restless or mentally tired, so take breaks and relax whenever needed. Avoid too much screen time and focus on activities that refresh your mind. Light exercises and breathing techniques will help reduce stress. Watch your eating habits and avoid junk food, as it may cause digestion issues. Prioritize proper sleep to restore energy. Discover everything about astrology at Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces . Read your detailed Horoscope Today and Horoscope Tomorrow here.
Time of India
an hour ago
- Time of India
City targets 5L SRA homes in 5 yrs, double its 29-yr output
Mumbai: With a slum-free Mumbai remaining a distant dream for decades, the Slum Rehabilitation Authority (SRA) has set up a project implementation unit (PIU) aiming to deliver over five lakh new homes to slum dwellers in the next five years — more than double the total built in the 29 years since the SRA was formed. Since its inception in 1996, the SRA has delivered only 2.75 lakh homes. Officials said that after reforming several rules and introducing drone and biometric surveys, the agency has delivered 16,017 units in just 100 days. In 2024-25 alone, 16,673 units were completed. The current target is 5,09,783 homes by 2030, with 3.34 lakh units already under construction. Last month, in a major step to recover pending rent from builders who fail to pay slum dwellers after demolishing their homes, the state govt amended the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971. Under the new provision, SRA can recover unpaid rent from a builder's assets — or the personal property of its directors/partners if the company lacks sufficient assets. As outstanding rent will be treated as arrears of land revenue, SRA can attach and sell a builder's property to pay slum dwellers. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai | Gold Rates Today in Mumbai | Silver Rates Today in Mumbai SRA CEO Mahindra Kalyankar said the amendments will help fast-track schemes and ensure timely rent for slum dwellers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like TV providers are furious: this gadget gives you access to all channels Techno Mag Learn More Undo He said the agency is focused on the target of delivering over five lakh homes by 2030. "SRA has introduced several reforms to fast-track projects. All stuck projects were reviewed and given a boost through the amnesty scheme and the joint venture (JV) scheme with other state govt agencies. A total of 2,74,076 units were constructed in the last 29 years and the target is to construct 5,09,783 units in the next five years," Kalyankar said. "We have started to use an e-office system. A list of eligible developers has been prepared for the tender process to get the stalled projects on track. The process of preparing a list of qualified architects has begun under the architect appointment scheme to get stalled projects on track. The period for submission of proposals has been reduced too," Kalyankar said. "Due to this, the implementation of the schemes is being done faster. A policy to empower architects and consultants to issue no-objection certificates has been adopted. Approvals of building works got a boost. We also adopted a policy of not suspending the work on rehabilitation buildings unless there are court orders," he said. Officials noted that the state govt accepted recommendations of the Afzulpurkar Committee in Dec 1995 and amended the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971 to establish the SRA. Around 50% of Mumbai's residents live in 2,397 slum clusters. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !
