₹ 17.3737
NAV (Mar 04)
Neutral
However, Scripbox does not recommend investing in banking and psu mutual funds.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Track Record
7 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
1,023 Cr. Medium within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
The fund seeks to provide regular income through a portfolio of debt and money market instruments consisting predominantly of securities issued by entities such as Banks,Public Sector Undertakings (PSUs) and Municipal bonds. However,there is no assurance or guarantee that the objective of the scheme will be achieved
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
0.53 %
Expense Ratio
Apr 25, 2014
Launched (7y ago)
₹ 1,023
AUM in Crores
INF090I01KO5
ISIN
No Lock-in
Lock-in
NIFTY Banking & PSU Debt TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth 84,976 crores and was set up on 6 October 1995. It's current offering of mutual fund schemes includes 39 equity,179 debt and 27 hybrid funds.
US Equity
Recommended
Top Ranked
₹ 2,733 Cr
Fund Size
22.8%
3Y returns
US Equity
Top Ranked
₹ 2,733 Cr
Fund Size
22.8%
3Y returns
US Equity
Top Ranked
₹ 2,733 Cr
Fund Size
22.8%
3Y returns
Mid Cap
Top Ranked
₹ 6,835 Cr
Fund Size
10.2%
3Y returns
Diversified
Top Ranked
₹ 9,013 Cr
Fund Size
11.2%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Franklin India Banking & PSU Debt Fund (G) is a banking and psu debt fund and has delivered an annualised return of 8.4% over a period of 7 years ..The fund is managed by Franklin Templeton Asst Mgmt(IND)Pvt Ltd.The fund managers are Mayank Bukrediwala, Pyari Menon, Sachin Padwal-Desai, Umesh Sharma
The fund seeks to provide regular income through a portfolio of debt and money market instruments consisting predominantly of securities issued by entities such as Banks,Public Sector Undertakings (PSUs) and Municipal bonds. However,there is no assurance or guarantee that the objective of the scheme will be achieved However, there is no assurance that the objective of the scheme will be realized.
The Franklin India Banking & PSU Debt Fund (G) fund was launched on Apr 25, 2014. The NAV (Net Asset Value) of this banking and psu debt as of 2021-03-04 is ₹ 17.3737. The total AUM (Asset Under Management) of the fund as of 2021-03-05 is ₹ 1022.531. The category risk of the Franklin India Banking & PSU Debt Fund (G) fund is Moderate Risk. The fund charges 0.53 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 77.7% in this asset class. The top three holdings of the fund are national housing bank,6.18% govt stock 2024 and rural electrification corporation limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Banking & PSU Debt TR INR.
Franklin India Banking & PSU Debt Fund (G) has a score of 3 on a scale of 5. The fund scores 3 out of 5 based on historical performance. As compared to the other funds in its category, Franklin India Banking & PSU Debt Fund (G) has a score of 3 out of 5. The credit risk of the fund is 3 out of 5 as compared to other debt funds.