Franklin India Banking & PSU Debt Fund Direct Growth
Get the latest NAV of Franklin India Banking & PSU Debt Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹23.18
NAV as on 09 May 2025
7.91%/per year
Since Inception
▲▼
57 people have invested ₹ 8.6L in Franklin India Banking & PSU Debt Fund Direct Growth in the last three months
Fund Performance
as on (09-May-25)
Peer comparison
Franklin India Banking & PSU Debt Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Franklin India Banking & PSU Debt Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Debt & Cash 99.6%
Franklin India Banking & PSU Debt Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Debt & Cash 99.6%
Top 2 Sectors in March were Corporate, Government
Corporate
68%
Government
30%
Corporate
72%
Government
23%
Franklin India Banking & PSU Debt Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.17% |
Benchmark | NIFTY Banking & PSU Debt TR INR |
| AUM | ₹545 Cr |
| Inception Date | 25 April, 2014 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 116.41% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
About Franklin India Banking & PSU Debt Fund
Franklin India Banking & PSU Debt Fund Direct Growth is a debt fund. This fund was started on 25 April, 2014. The fund is managed by Chandni Gupta. This fund is suitable to keep your money safe.
Key Parameters
- Franklin India Banking & PSU Debt Fund Direct Growth has ₹545 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Franklin India Banking & PSU Debt Fund Direct Growth has given a CAGR return of 7.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.80%, 7.47% and 6.36% respectively.
Holdings
Franklin India Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are India Infrastructure Finance Company Limited, India (Republic of) 6.9%, Small Industries Development Bank Of India, ICICI Bank Limited, Rural Electrification Corporation Limited
Taxation
As it is a banking & psu mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Franklin India Banking & PSU Debt Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Banking & PSU Debt Fund Direct Growth has no lock in period.
Fund Manager
Chandni Gupta
Fund Manager of Franklin India Banking & PSU Debt Fund Direct Growth, since 7 March 2024
- AUM of the fund stands at 547.1 Cr as of Mar'25
- AUM decreased by 40.3 Cr between Mar'25 and Feb'25
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Frequently Asked Questions for Franklin India Banking & PSU Debt Fund Direct Growth
What is the current NAV of Franklin India Banking & PSU Debt Fund Direct Growth?
What are the average returns of Franklin India Banking & PSU Debt Fund Direct Growth?
Franklin India Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 4.48% | 4.48% |
1 Year Returns | 8.8% | 8.8% |
3 Years Returns | 24.13% | 7.47% |
How do I invest in Franklin India Banking & PSU Debt Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Franklin India Banking & PSU Debt Fund Direct Growth?
What is net assets under management (AUM) of Franklin India Banking & PSU Debt Fund Direct Growth?
What are the top 5 holdings of Franklin India Banking & PSU Debt Fund Direct Growth?
What are the top 3 sectors that this Franklin India Banking & PSU Debt Fund Direct Growth has invested in?
What is the yield to maturity ratio of Franklin India Banking & PSU Debt Fund Direct Growth?
What is the modified duration of Franklin India Banking & PSU Debt Fund Direct Growth?
What is the credit rating breakup of Franklin India Banking & PSU Debt Fund Direct Growth?
AAA | 90.24 |
AA | 9.76 |