As filed with the Securities and Exchange Commission on February 19, 2013
Registration No. 33-51017
811-07121
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933 | x | |||
Pre-Effective Amendment No. | ¨ | |||
Post-Effective Amendment No. 27 | x |
and/or
REGISTRATION STATEMENT
UNDER
THE INVESTMENT COMPANY ACT OF 1940 | x | |||
Amendment No. 28 | x |
(Check appropriate box or boxes)
PUTNAM ASSET ALLOCATION FUNDS
(Exact name of Registrant as Specified in Charter)
One Post Office Square, Boston, Massachusetts 02109
(Address of Principal Executive Offices) (Zip Code)
Registrants Telephone Number, including Area Code
(617) 292-1000
It is proposed that this filing will become effective (check appropriate box)
¨ | immediately upon filing pursuant to paragraph (b) |
x | on January 30, 2013 pursuant to paragraph (b) |
¨ | 60 days after filing pursuant to paragraph (a)(1) |
¨ | on (date) pursuant to paragraph (a)(1) |
¨ | 75 days after filing pursuant to paragraph (a)(2) |
¨ | on (date) pursuant to paragraph (a)(2) of Rule 485. |
If appropriate, check the following box:
¨ | this post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
ROBERT T. BURNS, Vice President
PUTNAM ASSET ALLOCATION FUNDS
One Post Office Square
Boston, Massachusetts 02109
(Name and address of agent for service)
Copy to:
JOHN W. GERSTMAYR, Esquire
ROPES & GRAY LLP
Prudential Tower
800 Boylston Street
Boston, Massachusetts 02199-3600
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act of 1933 and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Boston, and The Commonwealth of Massachusetts, on the 19th day of February, 2013.
Putnam Asset Allocation Funds |
By: /s/ Jonathan S. Horwitz |
Executive Vice President, Principal Executive Officer and Compliance Liaison |
Pursuant to the requirements of the Securities Act of 1933, this Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:
Signature | Title | |
Jameson A. Baxter* |
Chair, Board of Trustees | |
Robert L. Reynolds* |
President and Trustee | |
Jonathan S. Horwitz* |
Executive Vice President, Principal Executive Officer and Compliance Liaison | |
Steven D. Krichmar* |
Vice President and Principal Financial Officer | |
Janet C. Smith* |
Vice President, Assistant Treasurer and Principal Accounting Officer | |
Michael J. Higgins* |
Vice President and Treasurer | |
Ravi Akhoury* |
Trustee | |
Barbara M. Baumann* |
Trustee | |
Charles B. Curtis* |
Trustee | |
Robert J. Darretta* |
Trustee |
John A. Hill* | Trustee | |
Paul L. Joskow* | Trustee | |
Elizabeth T. Kennan* | Trustee | |
Kenneth R. Leibler* | Trustee | |
Robert E. Patterson* | Trustee | |
George Putnam, III* | Trustee | |
W. Thomas Stephens* | Trustee | |
By: /s/ Jonathan S. Horwitz, as Attorney-in-Fact | ||
February 19, 2013 | ||
* Signed pursuant to power of attorney filed in Post- Effective Amendment No. 26 to the Registrants Registration Statement on January 28, 2013. | ||
EXHIBIT INDEX
XBRL Instance Document |
Ex-101.ins | |
XBRL Taxonomy Extension Schema Document |
Ex-101.sch | |
XBRL Taxonomy Extension Calculation Linkbase Document |
Ex-101.cal | |
XBRL Taxonomy Extension Labels Linkbase |
Ex-101.lab | |
XBRL Taxonomy Extension Presentation Linkbase Document |
Ex-101.pre | |
XBRL Taxonomy Extension Definition Linkbase |
Ex-101.def |
Label | Element | Value | ||||||||||||||||
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Registrant Name | dei_EntityRegistrantName | PUTNAM ASSET ALLOCATION FUNDS | ||||||||||||||||
Prospectus Date | rr_ProspectusDate | Jan. 30, 2013 | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Putnam Dynamic Asset Allocation Conservative Fund | ||||||||||||||||
Objective [Heading] | rr_ObjectiveHeading | Goal | ||||||||||||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | Putnam Dynamic Asset Allocation Conservative Fund seeks total return consistent with preservation of capital. Total return is composed of capital appreciation and income. | ||||||||||||||||
Expense [Heading] | rr_ExpenseHeading | Fees and expenses | ||||||||||||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 28 of the fund’s prospectus and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI). | ||||||||||||||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder fees (fees paid directly from your investment) | ||||||||||||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment) |
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Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | Portfolio turnover | ||||||||||||||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 278%. | ||||||||||||||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 278.00% | ||||||||||||||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 28 of the fund’s prospectus and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI). | ||||||||||||||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | 50,000 | ||||||||||||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | Example | ||||||||||||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower. | ||||||||||||||||
Strategy [Heading] | rr_StrategyHeading | Investments | ||||||||||||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The fund is one of three Putnam Dynamic Asset Allocation Funds, each of which has a unique strategic, or typical, allocation between equity and fixed-income investments. Using qualitative analysis and quantitative techniques, we adjust portfolio allocations from time to time within a certain range for each fund to try to optimize a fund’s performance consistent with its goal. The strategic allocation and the range of allowable allocation for the fund are shown below.
We invest mainly in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and securitized debt instruments (such as mortgage-backed investments). We may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell fixed-income investments. We also invest, to a lesser extent, in equity securities (growth or value stocks or both) of U.S. and foreign companies of any size. We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell equity investments. We may also select other investments that do not fall within these asset classes. We may also use to a significant extent derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes. |
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Risk [Heading] | rr_RiskHeading | Risks | ||||||||||||||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | It is important to understand that you can lose money by investing in the fund. Our allocation of assets among asset classes may hurt performance. The prices of stocks and bonds may fall or fail to rise over extended periods of time for a variety of reasons, including both general financial market conditions and factors related to a specific issuer or industry. These risks are generally greater for small and midsize companies. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Bond investments are subject to interest rate risk, which means the prices of the fund’s bond investments are likely to fall if interest rates rise. Bond investments also are subject to credit risk, which is the risk that the issuer of the bond may default on payment of interest or principal. Interest rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds (sometimes referred to as “junk bonds”), which may be considered speculative. Mortgage-backed investments carry the risk that they may increase in value less when interest rates decline and decline in value more when interest rates rise. We may have to invest the proceeds from prepaid investments, including mortgage- and asset-backed investments, in other investments with less attractive terms and yields. The value of international investments traded in foreign currencies may be adversely impacted by fluctuations in exchange rates. International investments, particularly investments in emerging markets, may carry risks associated with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be illiquid. Our use of derivatives may increase these risks by increasing investment exposure (which may be considered leverage) or, in the case of many over-the-counter instruments, because of the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. |
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Risk Lose Money [Text] | rr_RiskLoseMoney | It is important to understand that you can lose money by investing in the fund. | ||||||||||||||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. | ||||||||||||||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | Performance | ||||||||||||||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com. | ||||||||||||||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. | ||||||||||||||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | putnam.com | ||||||||||||||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | Please remember that past performance is not necessarily an indication of future results. | ||||||||||||||||
Bar Chart [Heading] | rr_BarChartHeading | Annual total returns for class A shares before sales charges | ||||||||||||||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. | ||||||||||||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock |
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Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Best calender quarter | ||||||||||||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2009 | ||||||||||||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 12.15% | ||||||||||||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Worst calender quarter | ||||||||||||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Dec. 31, 2008 | ||||||||||||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (14.13%) | ||||||||||||||||
Performance Table Heading | rr_PerformanceTableHeading | Average annual total returns after sales charges (for periods ending 12/31/12) |
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Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. | ||||||||||||||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. | ||||||||||||||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | After-tax returns are shown for class A shares only and will vary for other classes. | ||||||||||||||||
Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | The Putnam Conservative Blended Benchmark is an unmanaged index administered by Putnam Management, 65% of which is the Barclays U.S. Aggregate Bond Index, 25% of which is the Russell 3000 Index, 5% of which is the JPMorgan Developed High Yield Index and 5% of which is the MSCI EAFE Index (ND). After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement. Class B share performance does not reflect conversion to class A shares. |
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Putnam Dynamic Asset Allocation Conservative Fund | Class A
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.75% | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 1.00% | [1] | |||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.54% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.29% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.08% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 679 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 899 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 1,136 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 1,816 | ||||||||||||||||
2003 | rr_AnnualReturn2003 | 16.09% | ||||||||||||||||
2004 | rr_AnnualReturn2004 | 5.91% | ||||||||||||||||
2005 | rr_AnnualReturn2005 | 4.98% | ||||||||||||||||
2006 | rr_AnnualReturn2006 | 8.01% | ||||||||||||||||
2007 | rr_AnnualReturn2007 | 2.37% | ||||||||||||||||
2008 | rr_AnnualReturn2008 | (24.09%) | ||||||||||||||||
2009 | rr_AnnualReturn2009 | 30.47% | ||||||||||||||||
2010 | rr_AnnualReturn2010 | 10.75% | ||||||||||||||||
2011 | rr_AnnualReturn2011 | 1.47% | ||||||||||||||||
2012 | rr_AnnualReturn2012 | 10.52% | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 4.15% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 3.01% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 5.17% | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | Class B
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 5.00% | [2] | |||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.54% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.29% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.83% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 686 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 876 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 1,190 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 1,951 | ||||||||||||||||
1 year | rr_ExpenseExampleNoRedemptionYear01 | 186 | ||||||||||||||||
3 years | rr_ExpenseExampleNoRedemptionYear03 | 576 | ||||||||||||||||
5 years | rr_ExpenseExampleNoRedemptionYear05 | 990 | ||||||||||||||||
10 years | rr_ExpenseExampleNoRedemptionYear10 | 1,951 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 4.75% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 3.17% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 5.00% | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | Class C
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 1.00% | [3] | |||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.54% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.29% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.83% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 286 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 576 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 990 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 2,148 | ||||||||||||||||
1 year | rr_ExpenseExampleNoRedemptionYear01 | 186 | ||||||||||||||||
3 years | rr_ExpenseExampleNoRedemptionYear03 | 576 | ||||||||||||||||
5 years | rr_ExpenseExampleNoRedemptionYear05 | 990 | ||||||||||||||||
10 years | rr_ExpenseExampleNoRedemptionYear10 | 2,148 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 8.67% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 3.45% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 5.00% | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | Class M
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 3.50% | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 0.65% | [1] | |||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.54% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.75% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.29% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.58% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 505 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 831 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 1,180 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 2,163 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 6.09% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 3.00% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 4.86% | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | Class R
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.54% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.29% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.33% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 135 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 421 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 729 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 1,601 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 10.23% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 4.13% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 5.73% | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | Class R5
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.54% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | |||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.24% | [4] | |||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.78% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 80 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 249 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 433 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 966 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 10.78% | [5] | |||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 4.56% | [5] | |||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 6.09% | [5] | |||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | Class R6
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.54% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | |||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.17% | [4] | |||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.71% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 73 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 227 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 395 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 883 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 10.82% | [5] | |||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 4.57% | [5] | |||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 6.09% | [5] | |||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | Class Y
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.54% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | |||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.29% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.83% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 85 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 265 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 460 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 1,025 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 10.77% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 4.56% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 6.09% | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | after taxes on distributions | Class A
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 3.74% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 1.85% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 4.08% | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | after taxes on distributions and sale of fund shares | Class A
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 2.86% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 1.90% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 3.85% | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | Barclays U.S. Aggregate Bond Index (no deduction for fees, expenses or taxes)
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 4.22% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 5.95% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 5.18% | ||||||||||||||||
Putnam Dynamic Asset Allocation Conservative Fund | Putnam Conservative Blended Benchmark (no deduction for fees, expenses or taxes, other than withholding taxes on reinvested dividends in the case of the MSCI Index)
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 8.53% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 5.16% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 6.53% | ||||||||||||||||
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Label | Element | Value | ||||||||||||||||
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Registrant Name | dei_EntityRegistrantName | PUTNAM ASSET ALLOCATION FUNDS | ||||||||||||||||
Prospectus Date | rr_ProspectusDate | Jan. 30, 2013 | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Fund summaries Putnam Dynamic Asset Allocation Growth Fund |
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Objective [Heading] | rr_ObjectiveHeading | Goal | ||||||||||||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | Putnam Dynamic Asset Allocation Growth Fund seeks capital appreciation. | ||||||||||||||||
Expense [Heading] | rr_ExpenseHeading | Fees and expenses | ||||||||||||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 28 of the fund’s prospectus and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI). | ||||||||||||||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder fees (fees paid directly from your investment) | ||||||||||||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment) |
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Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | Portfolio turnover | ||||||||||||||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 120%. | ||||||||||||||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 120.00% | ||||||||||||||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 28 of the fund’s prospectus and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI). | ||||||||||||||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | 50,000 | ||||||||||||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | Example | ||||||||||||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower. | ||||||||||||||||
Strategy [Heading] | rr_StrategyHeading | Investments | ||||||||||||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The fund is one of three Putnam Dynamic Asset Allocation Funds, each of which has a unique strategic, or typical, allocation between equity and fixed-income investments. Using qualitative analysis and quantitative techniques, we adjust portfolio allocations from time to time within a certain range for each fund to try to optimize a fund’s performance consistent with its goal. The strategic allocation and the range of allowable allocation for the fund are shown below.
We invest mainly in equity securities (growth or value stocks or both) of U.S. and foreign companies of any size. We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell equity investments. We also invest, to a lesser extent, in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and securitized debt instruments (such as mortgage-backed investments). We may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell fixed-income investments. We may also select other investments that do not fall within these asset classes. We may also use to a significant extent derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes. |
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Risk [Heading] | rr_RiskHeading | Risks | ||||||||||||||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | It is important to understand that you can lose money by investing in the fund. Our allocation of assets among asset classes may hurt performance. The prices of stocks and bonds may fall or fail to rise over extended periods of time for a variety of reasons, including both general financial market conditions and factors related to a specific issuer or industry. These risks are generally greater for small and midsize companies. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Bond investments are subject to interest rate risk, which means the prices of the fund’s bond investments are likely to fall if interest rates rise. Bond investments also are subject to credit risk, which is the risk that the issuer of the bond may default on payment of interest or principal. Interest rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds (sometimes referred to as “junk bonds”), which may be considered speculative. Mortgage-backed investments carry the risk that they may increase in value less when interest rates decline and decline in value more when interest rates rise. We may have to invest the proceeds from prepaid investments, including mortgage- and asset-backed investments, in other investments with less attractive terms and yields. The value of international investments traded in foreign currencies may be adversely impacted by fluctuations in exchange rates. International investments, particularly investments in emerging markets, may carry risks associated with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be illiquid. Our use of derivatives may increase these risks by increasing investment exposure (which may be considered leverage) or, in the case of many over-the-counter instruments, because of the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. |
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Risk Lose Money [Text] | rr_RiskLoseMoney | It is important to understand that you can lose money by investing in the fund. | ||||||||||||||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. | ||||||||||||||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | Performance | ||||||||||||||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com. | ||||||||||||||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. | ||||||||||||||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | putnam.com | ||||||||||||||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | Please remember that past performance is not necessarily an indication of future results. | ||||||||||||||||
Bar Chart [Heading] | rr_BarChartHeading | Annual total returns for class A shares before sales charges | ||||||||||||||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. | ||||||||||||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock |
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Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Best calendar quarter | ||||||||||||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2009 | ||||||||||||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 19.54% | ||||||||||||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Worst calendar quarter | ||||||||||||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Dec. 31, 2008 | ||||||||||||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (21.44%) | ||||||||||||||||
Performance Table Heading | rr_PerformanceTableHeading | Average annual total returns after sales charges (for periods ending 12/31/12) |
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Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. | ||||||||||||||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. | ||||||||||||||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | After-tax returns are shown for class A shares only and will vary for other classes. | ||||||||||||||||
Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | The Putnam Growth Blended Benchmark is an unmanaged index administered by Putnam Management, 60% of which is the Russell 3000 Index, 15% of which is the MSCI EAFE Index (ND), 15% of which is the Barclays U.S. Aggregate Bond Index, 5% of which is the JPMorgan Developed High Yield Index and 5% of which is the MSCI Emerging Markets Index (GD). After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement. Class B share performance does not reflect conversion to class A shares. |
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Putnam Dynamic Asset Allocation Growth Fund | Class A
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.75% | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | [1] | |||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.61% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.14% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 685 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 916 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 1,167 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 1,881 | ||||||||||||||||
2003 | rr_AnnualReturn2003 | 29.43% | ||||||||||||||||
2004 | rr_AnnualReturn2004 | 11.83% | ||||||||||||||||
2005 | rr_AnnualReturn2005 | 10.62% | ||||||||||||||||
2006 | rr_AnnualReturn2006 | 16.82% | ||||||||||||||||
2007 | rr_AnnualReturn2007 | 3.58% | ||||||||||||||||
2008 | rr_AnnualReturn2008 | (38.22%) | ||||||||||||||||
2009 | rr_AnnualReturn2009 | 36.88% | ||||||||||||||||
2010 | rr_AnnualReturn2010 | 14.93% | ||||||||||||||||
2011 | rr_AnnualReturn2011 | (4.24%) | ||||||||||||||||
2012 | rr_AnnualReturn2012 | 16.86% | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 10.11% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 0.49% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 7.10% | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | Class B
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOther | 5.00% | [2] | |||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.61% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.89% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 692 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 894 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 1,221 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 2,016 | ||||||||||||||||
1 year | rr_ExpenseExampleNoRedemptionYear01 | 192 | ||||||||||||||||
3 years | rr_ExpenseExampleNoRedemptionYear03 | 594 | ||||||||||||||||
5 years | rr_ExpenseExampleNoRedemptionYear05 | 1,021 | ||||||||||||||||
10 years | rr_ExpenseExampleNoRedemptionYear10 | 2,016 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 11.02% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 0.59% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 6.95% | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | Class C
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | [3] | |||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.61% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.89% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 292 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 594 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 1,021 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 2,212 | ||||||||||||||||
1 year | rr_ExpenseExampleNoRedemptionYear01 | 192 | ||||||||||||||||
3 years | rr_ExpenseExampleNoRedemptionYear03 | 594 | ||||||||||||||||
5 years | rr_ExpenseExampleNoRedemptionYear05 | 1,021 | ||||||||||||||||
10 years | rr_ExpenseExampleNoRedemptionYear10 | 2,212 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 15.03% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 0.94% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 6.94% | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | Class M
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 3.50% | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOther | 0.65% | [1] | |||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.61% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.75% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.64% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 511 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 849 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 1,211 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 2,226 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 12.18% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 0.47% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 6.82% | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | Class R
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.61% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | ||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.39% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 142 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 440 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 761 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 1,669 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 16.59% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 1.39% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 7.44% | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | Class R5
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.61% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | |||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.24% | [4] | |||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.85% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 87 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 271 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 471 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 1,049 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 17.19% | [5] | |||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 1.93% | [5] | |||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 7.99% | [5] | |||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | Class R6
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.61% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | |||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.14% | [4] | |||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.75% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 77 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 240 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 417 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 930 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 17.24% | [5] | |||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 1.94% | [5] | |||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 8.00% | [5] | |||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | Class Y
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.61% | ||||||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | |||||||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.89% | ||||||||||||||||
1 year | rr_ExpenseExampleYear01 | 91 | ||||||||||||||||
3 years | rr_ExpenseExampleYear03 | 284 | ||||||||||||||||
5 years | rr_ExpenseExampleYear05 | 493 | ||||||||||||||||
10 years | rr_ExpenseExampleYear10 | 1,096 | ||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 17.22% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 1.93% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 8.00% | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | after taxes on distributions | Class A
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 9.92% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | (0.24%) | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 6.60% | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | after taxes on distributions and sale of fund shares | Class A
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 6.83% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 0.03% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 6.02% | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | Russell 3000 Index (no deduction for fees, expenses or taxes)
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 16.42% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 2.04% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 7.68% | ||||||||||||||||
Putnam Dynamic Asset Allocation Growth Fund | Putnam Growth Blended Benchmark (no deduction for fees, expenses or taxes, other than withholding taxes on reinvested dividends in the case of the MSCI Indices)
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||
1 year | rr_AverageAnnualReturnYear01 | 14.91% | ||||||||||||||||
5 years | rr_AverageAnnualReturnYear05 | 2.42% | ||||||||||||||||
10 years | rr_AverageAnnualReturnYear10 | 8.26% | ||||||||||||||||
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