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  • Franklin India Banking & PSU Debt Fund (Growth)
Franklin Templeton Mutual Funds

Franklin India Banking & PSU Debt Fund (Growth)

DebtBanking And Psu

20.558

NAV (May 28)

5.1%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in banking and psu mutual funds.

Banking and psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Neutral

The performance of the fund on a Rolling Returns metric has been Neutral

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

20.558

NAV (May 28)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.1%
Last 5Y
6.4%
Last 10Y
7.3%
Since Inception
7.4%
6 Month CAGR
3.8%

Scheme Information

Investment Objective

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.

Expense Ratio
0.52
Launched (10y ago)
Apr 25, 2014
AUM in Crores
629.632
ISIN
INF090I01KO5
Lock-in
No Lock-in
Benchmark
NIFTY Banking & PSU Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1.1
Standard Deviation (5yr)
1.8
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.466
Sharpe Ratio (5yr)
0.783
YTM
7.59
Fund Managers

Chandni Gupta

Fund Manager

Sandeep Manam

Fund Manager

Umesh Sharma

Fund Manager

Anuj Tagra

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Franklin India Banking & PSU Debt Fund (Growth)70%8,54,866 1,22,2546.4%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2024-05-28

Top Debt Holdings

call,cash & other assets

9.8%
9.8%

7.32% govt stock 2030

8.8%
8.8%

food corporation of india

7.8%
7.8%

national bank for agriculture and rural development

7.8%
7.8%

export import bank of india

5.7%
5.7%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 4,984 cr

₹ 10,779 cr

₹ 49,300 cr

₹ 14,459 cr

₹ 14,796 cr

amc-img

About the AMC

Franklin Templeton Asst Mgmt(IND)Pvt Ltd

Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth 97,699 crores and was set up on 6 October 1995. It's current offering of mutual fund schemes includes 39 equity,207 debt and 30 hybrid funds.amc-img
phone-img022-67519100
Fund NameScripbox Opinion
Till Date CAGR

26.4%

17%

21.9%

18.4%

19.9%

14.6%

21.5%

21.5%

24.8%

15.4%

Franklin India Banking & PSU Debt Fund (G) Review

Franklin India Banking & PSU Debt Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 7.4% over a period of 10 years. The fund is managed by Franklin Templeton Asst Mgmt(IND)Pvt Ltd. The fund managers are Anuj Tagra, Chandni Gupta, Sandeep Manam, Umesh Sharma.

Nav of Franklin India Banking & PSU Debt Fund (G) as of 5/28/2024 is ₹20.56 with the total AUM as of 5/29/2024 is ₹629.632. With Scripbox you can compare and check the latest nav for all mutual funds in India. Franklin India Banking & PSU Debt Fund (G) was launched on Apr 25, 2014. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Franklin India Banking & PSU Debt Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.

Franklin India Banking & PSU Debt Fund (G) 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) is rated as a 1 fund in Debt and delivered 6.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Franklin India Banking & PSU Debt Fund (G).

Frequently Asked Questions

What is Franklin India Banking & PSU Debt Fund (G)?

Franklin India Banking & PSU Debt Fund (G) is a Banking And Psu Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Franklin India Banking & PSU Debt Fund (G)?

You can invest in Franklin India Banking & PSU Debt Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Franklin India Banking & PSU Debt Fund (G)?

The minimum sip amount for Franklin India Banking & PSU Debt Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Franklin India Banking & PSU Debt Fund (G) good to invest in?

As per Scripbox experts, Franklin India Banking & PSU Debt Fund (G) is a Not Recommended fund. You can investFranklin India Banking & PSU Debt Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Franklin India Banking & PSU Debt Fund (G)?

The expense ratio of the Franklin India Banking & PSU Debt Fund (G) is 0.52% for regular plan.