Franklin India Government Securities Fund Direct Growth
Debt
Direct
Government Bond
NAV: ₹ 56.2 as on 26-09-2023
Fund Performance
Fund Insights
This fund expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.56% which is lower than the category average expense ratio of 0.77%.
In the last 5 years, DSP Government Securities Fund Direct Plan Growth has given 8.98% return, outperforming this fund by 2.09% per annum.
In the last 1 year, ICICI Prudential Gilt Fund Direct Plan Growth has given 8.66% return, outperforming this fund by 2.3%.
In the last 3 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 6.24% return, outperforming this fund by 2.29% per annum.
About the Fund
Franklin India Government Securities Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sachin Padwal-Desai, Umesh Sharma. This fund is suitable to keep your money safe.
Key Parameters
- Franklin India Government Securities Fund Direct Growth has ₹129 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.6.
Franklin India Government Securities Fund Direct Growth Overview
 | 0.56% |
 Benchmark | ICICI Securities Mibex TR INR |
 | ₹129 Cr |
 | 1 January, 2013 |
 | ₹10000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 580.28% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
71.3%
Cash Equivalent
28.7%
Top Holdings of Franklin India Government Securities Fund Direct Growth as on (31-Aug-23)
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 5.74% Govt Stock 2026 | 37.86% | 0% | |
91 DTB 05102023 | 34.68% | 0% | |
5.63% Govt Stock 2026 | 9.93% | 0% |
Franklin India Government Securities Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 128.9 Cr as of Aug'23
- AUM has remained same between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Franklin India Government Securities Fund Direct Growth Fund Manager
Sachin Padwal-Desai
Fund Manager of Franklin India Government Securities Fund Direct Growth, since 5 July 2010
Top funds managed
Umesh Sharma
Fund Manager of Franklin India Government Securities Fund Direct Growth, since 5 July 2010
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.13% since inception which is more than its category average return of 6.65%
AUM size ₹129 Cr
This fund has AUM of ₹129 Cr which is less than its category average of ₹ 1142 Cr
Expense Ratio 0.56%
This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 0.91%
Frequently Asked Questions
The current NAV of Franklin India Government Securities Fund Direct Growth is ₹56.19 as on 26-Sep-2023.
Existing (Absolute + CAGR) as on 26-Sep-2023.
Franklin India Government Securities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.44% | 0.44% |
6 Month Returns | 2.77% | 2.77% |
1 Year Returns | 6.36% | 6.36% |
3 Years Returns | 12.32% | 3.95% |
5 Years Returns | 39.52% | 6.89% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.56% as on August 2023
₹129 Cr as on August 2023
Yield to Maturity is 7.1 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.93 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Sachin Padwal-Desai, Umesh Sharma are the fund managers of Franklin India Government Securities Fund Direct Growth
The Exit load of Franklin India Government Securities Fund Direct Growth is 0%