Shareholder Report | 12 Months Ended |
Jul. 31, 2024 USD ($) $ / shares |
Shareholder Report [Line Items] | | |
Document Type | N-CSR | |
Amendment Flag | false | |
Registrant Name | Franklin Fund Allocator Series | |
Entity Central Index Key | 0001022804 | |
Entity Investment Company Type | N-1A | |
Document Period End Date | Jul. 31, 2024 | |
Class A | | |
Shareholder Report [Line Items] | | |
Fund Name | Franklin Emerging Market Core Equity (IU) Fund | |
Class Name | Class A | |
No Trading Symbol | true | |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Franklin Emerging Market Core Equity (IU) Fund for the period August 1, 2023, to July 31, 2024. | |
Shareholder Report Annual or Semi-Annual | annual shareholder report | |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-internalusefunds-documents . You can also request this information by contacting us at (800) DIAL BEN/342-5236 . | |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. | |
Additional Information Phone Number | (800) DIAL BEN/342-5236 | |
Additional Information Website | https://www.franklintempleton.com/regulatory-internalusefunds-documents | |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (based on a hypothetical $10,000 investment) Class Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment * Class A $0 0.00% | [1] |
Expenses Paid, Amount | $ 0 | |
Expense Ratio, Percent | 0% | |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? For the twelve months ended July 31, 2024, Class A shares of Franklin Emerging Market Core Equity (IU) Fund returned 10.67%. The Fund compares its performance to the MSCI Emerging Markets Index, which returned 6.68% for the same period. PERFORMANCE HIGHLIGHTS Top contributors to performance: Stock selection within: ↑ The financials sector and overweight positions in banking companies, including Shinhan Financials Group, Hana Financial Group and KB Financials Group ↑ The industrials sector and underweight positions in electrical equipment companies, including Ecopro, LG Energy Solutions and POSCO Future M ↑ The materials sector including an underweight position in chemicals company LG Chem Top detractors from performance: Stock selection within: ↓ The consumer discretionary sector, notably overweight positions in automobile companies Li Auto and Yadea Group ↓ The health care sector and overweight positions in pharmaceuticals companies, including CSPC Pharmaceutical Group ↓ The information technology sector, notably underweight positions in semiconductor companies MediaTek and SK Hynix | |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future. | |
Line Graph [Table Text Block] | | |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS (%) Period Ended July 31, 2024 1 Year Since Inception (9/30/2019) Class A 10.67 4.39 MSCI All Country World ex-US Index-NR 9.75 6.64 MSCI Emerging Markets Index 6.68 4.59 | |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | |
Updated Performance Information Location [Text Block] | For current month-end performance, please call Franklin Templeton at (800) DIAL BEN/342-5236. Important data provider notices and terms available at www.franklintempletondatasources.com. | |
Net Assets | $ 139,280,741 | |
Holdings Count | $ / shares | 221 | [2] |
Advisory Fees Paid, Amount | $ 0 | |
Investment Company Portfolio Turnover | 69.43% | |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of July 31, 2024) Total Net Assets $139,280,741 Total Number of Portfolio Holdings * 221 Total Management Fee Paid $0 Portfolio Turnover Rate 69.43% | [2] |
Holdings [Text Block] | | |
Material Fund Change [Text Block] | HOW HAS THE FUND CHANGED? Todd Brighton was removed as a portfolio manager of the Fund effective December 1, 2023, and Christopher W. Floyd was added as a portfolio manager of the Fund effective June 3, 2024. This is a summary of certain changes to the Fund since August 1, 2023. | |
Updated Prospectus Web Address | https://www.franklintempleton.com/regulatory-internalusefunds-documents | |
Class A | | |
Shareholder Report [Line Items] | | |
Fund Name | Franklin International Core Equity (IU) Fund | |
Class Name | Class A | |
No Trading Symbol | true | |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Franklin International Core Equity (IU) Fund for the period August 1, 2023, to July 31, 2024. | |
Shareholder Report Annual or Semi-Annual | annual shareholder report | |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-internalusefunds-documents . You can also request this information by contacting us at (800) DIAL BEN/342-5236 . | |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. | |
Additional Information Phone Number | (800) DIAL BEN/342-5236 | |
Additional Information Website | https://www.franklintempleton.com/regulatory-internalusefunds-documents | |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (based on a hypothetical $10,000 investment) Class Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment * Class A $0 0.00% | [3] |
Expenses Paid, Amount | $ 0 | |
Expense Ratio, Percent | 0% | |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? For the twelve months ended July 31, 2024, Class A shares of Franklin International Core Equity (IU) Fund returned 14.79%. The Fund compares its performance to the MSCI EAFE Index, which returned 11.76% for the same period. PERFORMANCE HIGHLIGHTS Top contributors to performance: Stock selection and overweight positions in: ↑ Banking stocks, including UniCredit, Sumitomo Mitsui Financial Group and Banco Bilbao Vizcaya Argentaria within the financials sector ↑ Electrical, machinery and industrial stocks, including Hitachi, Wartsila Oyj and Atlas Copco within the industrials sector ↑ Pharmaceuticals stocks Novo Nordisk and Otsuka Holdings within the health care sector Top detractors from performance: Stock selection in: ↓ Information technology, notably overweight positions in semiconductor stocks STMicroelectronics and SCREEN Holdings ↓ Materials, notably overweight positions in metals & mining stocks, including Pilbara Minerals, ArcelorMittal and Fortescue ↓ Underweight allocation to stocks within the financials sector | |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future. | |
Line Graph [Table Text Block] | | |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS (%) Period Ended July 31, 2024 1 Year Since Inception (8/19/2019) Class A 14.79 9.22 MSCI All Country World ex-US Index-NR 9.75 7.21 MSCI EAFE Index 11.76 8.71 | |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | |
Updated Performance Information Location [Text Block] | For current month-end performance, please call Franklin Templeton at (800) DIAL BEN/342-5236. Important data provider notices and terms available at www.franklintempletondatasources.com. | |
Net Assets | $ 941,318,260 | |
Holdings Count | $ / shares | 201 | [4] |
Advisory Fees Paid, Amount | $ 0 | |
Investment Company Portfolio Turnover | 59.10% | |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of July 31, 2024) Total Net Assets $941,318,260 Total Number of Portfolio Holdings * 201 Total Management Fee Paid $0 Portfolio Turnover Rate 59.10% | [4] |
Holdings [Text Block] | | |
Material Fund Change [Text Block] | HOW HAS THE FUND CHANGED? Todd Brighton was removed as a portfolio manager of the Fund effective December 1, 2023, and Christopher W. Floyd was added as a portfolio manager of the Fund effective June 3, 2024. This is a summary of certain changes to the Fund since August 1, 2023. | |
Updated Prospectus Web Address | https://www.franklintempleton.com/regulatory-internalusefunds-documents | |
Class A | | |
Shareholder Report [Line Items] | | |
Fund Name | Franklin U.S. Core Equity (IU) Fund | |
Class Name | Class A | |
No Trading Symbol | true | |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Franklin U.S. Core Equity (IU) Fund for the period August 1, 2023, to July 31, 2024. | |
Shareholder Report Annual or Semi-Annual | annual shareholder report | |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-internalusefunds-documents . You can also request this information by contacting us at (800) DIAL BEN/342-5236 . | |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. | |
Additional Information Phone Number | (800) DIAL BEN/342-5236 | |
Additional Information Website | https://www.franklintempleton.com/regulatory-internalusefunds-documents | |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (based on a hypothetical $10,000 investment) Class Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment * Class A $0 0.00% | [5] |
Expenses Paid, Amount | $ 0 | |
Expense Ratio, Percent | 0% | |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? For the twelve months ended July 31, 2024, Class A shares of Franklin U.S. Core Equity (IU) Fund returned 26.88%. The Fund compares its performance to the S&P 500 Index, which returned 22.15% for the same period. PERFORMANCE HIGHLIGHTS Top contributors to performance: Stock selection within: ↑ Information technology sector, notably semiconductor companies NVIDA, Applied Materials and KLA ↑ Consumer discretionary sector, notably an underweight allocation to select companies within the hospitality sector, including McDonald’s and Starbucks as well as an underweight position in Nike, a sporting goods retailer ↑ Health care sector, notably underweight positions in certain pharmaceutical companies, including Johnson & Johnson, Pfizer and Bristol-Myers Squibb Top detractors from performance: Stock selection within: ↓ Financials sector, notably underweight positions in banking companies, including Citigroup, Goldman Sachs and Wells Fargo ↓ Materials sector, notably overweight positions in chemicals companies, including CF Industries ↓ An overweight allocation to cash | |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future. | |
Line Graph [Table Text Block] | | |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS (%) Period Ended July 31, 2024 1 Year Since Inception (8/19/2019) Class A 26.88 15.78 Russell 3000 Index 21.07 14.87 S&P 500 Index 22.15 15.57 | |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | |
Updated Performance Information Location [Text Block] | For current month-end performance, please call Franklin Templeton at (800) DIAL BEN/342-5236. Important data provider notices and terms available at www.franklintempletondatasources.com. | |
Net Assets | $ 2,022,210,724 | |
Holdings Count | $ / shares | 182 | [6] |
Advisory Fees Paid, Amount | $ 0 | |
Investment Company Portfolio Turnover | 76.33% | |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of July 31, 2024) Total Net Assets $2,022,210,724 Total Number of Portfolio Holdings * 182 Total Management Fee Paid $0 Portfolio Turnover Rate 76.33% | [6] |
Holdings [Text Block] | | |
Material Fund Change [Text Block] | HOW HAS THE FUND CHANGED? Todd Brighton was removed as a portfolio manager of the Fund effective December 1, 2023, and Christopher W. Floyd was added as a portfolio manager of the Fund effective June 3, 2024. This is a summary of certain changes to the Fund since August 1, 2023. | |
Updated Prospectus Web Address | https://www.franklintempleton.com/regulatory-internalusefunds-documents | |
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[1] * Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher. * Does not include derivatives, except purchased options, if any. * Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher. * Does not include derivatives, except purchased options, if any. * Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher. * Does not include derivatives, except purchased options, if any. |