Overview
Franklin India Banking & PSU Debt Fund Direct Growth
Franklin Templeton Mutual Fund
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 and Public Sector Undertakings (PSUs).
Investments in Franklin India Banking & PSU Debt Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 23.1771
Fund Size (AUM)
₹547.06 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
25-Apr-2014
Expense Ratio
0.17%
Exit Load
Nil
Benchmark
Nifty Banking & PSU Debt Index A-II
Standard Deviation
1.13
History
Performance & Ratios
1-Year SIP Return
7.55%
3-Year SIP Return
7.4%
5-Year SIP Return
6.48%
Mean Return
8.0%
Alpha
5.06
Beta
2.27
Sharpe Ratio
0.31
Sortino Ratio
0.32
Information Ratio
2.83
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 9.18% | 7.18% | 6.43% | 8.84% |
| Category Average | 9.28% | 6.98% | 6.39% | N/A |
| Rank Within Category | 20 | 13 | 14 | N/A |
Holdings (30)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| India Infrastructure Finance Company Ltd. | Construction | Debenture | 9.26% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 7.44% |
| GOI | Sovereign | GOI Sec | 6.66% |
| ICICI Bank Ltd. | Financial | Debenture | 6.55% |
| REC Ltd. | Financial | Bonds | 5.98% |
| ONGC Petro Additions Ltd. | Energy | Debenture | 5.61% |
| Power Finance Corporation Ltd. | Financial | Debenture | 4.91% |
| State Bank of India | Financial | Ad.Tier 2 Bnd | 4.69% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.68% |
| Bajaj Finance Ltd. | Financial | Debenture | 4.67% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| ICICI Prudential Banking & PSU Debt Direct Growth | 10368.32 | 9.58 | 7.84 | 0.39 | N/A |
| HDFC Banking and PSU Debt Fund Direct Growth | 5995.94 | 9.85 | 7.46 | 0.39 | N/A |
| Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 8588.22 | 9.85 | 7.42 | 0.39 | N/A |
| Bandhan Banking & PSU Debt Fund Direct Growth | 13396.58 | 9.3 | 7.11 | 0.33 | N/A |
| Axis Banking & PSU Debt Direct Plan Growth | 12961.49 | 9.27 | 7.08 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 2
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 1
AMC Details
Asset Management Company
Franklin Templeton Mutual Fund
Franklin Templeton Mutual Fund started their mutual fund on 19/02/1996 and its managing total assets of ₹95,716 Cr. Its ranked at 8 as per total assets at end of 30th Sep 2017. Franklin Templeton Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
The firm specializes in conservatively managed mutual funds. It offers products under the Franklin, Templeton, Mutual Series and Fiduciary brand names. Like other large investment companies, the firm offers a wide variety of funds but is traditionally best known for bond funds under the Franklin brand, international funds under the Templeton brand, and value funds under the Mutual Series brand.
With more than 600 investment professionals in 28 countries around the world, Franklin Templeton is uniquely positioned to look beyond the largest or most visible securities in each market to spot smart global investments that meet their rigorous investment criteria.
Franklin Templeton's association with India dates back to over 2 decades as an investor. As part of the group's major thrust on investing in markets around the world, the India office was set up in 1996 as Templeton Asset Management India Pvt. Limited.
Launch Date
1996-02-19T00:00:00.406Z
Total AUM
₹ 106403.1 Cr
Address
Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211Free Press Journal Marg, Nariman Point Mumbai 400013
Phone
1800-425-4255 / 60004255
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Franklin India Banking & PSU Debt Fund Direct Growth
Franklin Templeton Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Franklin India Banking & PSU Debt Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Franklin India Banking & PSU Debt Fund Direct Growth?
The top stocks held by Franklin India Banking & PSU Debt Fund Direct Growth include India Infrastructure Finance Company Ltd., Small Industries Devp. Bank of India Ltd., GOI.
Which industries does Franklin India Banking & PSU Debt Fund Direct Growth invest in?
Franklin India Banking & PSU Debt Fund Direct Growth primarily invests in the following industries: Construction, Financial, Sovereign.
Who are the fund managers of Franklin India Banking & PSU Debt Fund Direct Growth?
The fund managers of Franklin India Banking & PSU Debt Fund Direct Growth are Anuj Tagra and Chandni Gupta and Sandeep Manam.
How many years has the fund manager been managing Franklin India Banking & PSU Debt Fund Direct Growth?
Anuj Tagra:
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Chandni Gupta:
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Sandeep Manam:
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What is the minimum investment for Franklin India Banking & PSU Debt Fund Direct Growth?
The minimum investment for Franklin India Banking & PSU Debt Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Franklin India Banking & PSU Debt Fund Direct Growth?
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What are the average 3-year returns for Franklin India Banking & PSU Debt Fund Direct Growth?
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What is the expense ratio of Franklin India Banking & PSU Debt Fund Direct Growth, and how does it compare to its category?
The expense ratio of Franklin India Banking & PSU Debt Fund Direct Growth is 0.17%. The average expense ratio for similar funds in the Debt is Calculating....