SP
Sachin Padwal-DesaiFund Manager Since 25 Apr 2014
Fixed IncomeBanking & PSU
Franklin India Banking & PSU Debt Fund Direct Growth
3Y Annualised
7.25%
0.11% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
1.85%
0.11% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
9 years 11 months
NIFTY 50
5 years 7 months
FD
9 years 7 months
Fund info
Fund size
₹547.06 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹5000
Exit load
0%
Nil
Risk Profile
Moderate Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Banking and PSU Debt Fund Bonus
2.46%
2nd
ICICI Prudential Banking and PSU Debt Fund Retail Plan Growth
2.42%
3rd
DSP Banking & PSU Debt Fund Direct Growth
2.40%
4th
DSP Banking & PSU Debt Fund Direct Monthly Payout of Income Dist cum Cap Wdrl
2.38%
5th
DSP Banking & PSU Debt Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl
2.38%
132nd
Franklin India Banking & PSU Debt Fund Direct Growth
1.85%
Fund Managers
US
Umesh SharmaFund Manager Since 25 Apr 2014
MB
Mayank BukrediwalaFund Manager Since 24 Aug 2020
About Franklin India Banking & PSU Debt Fund Direct Growth
Franklin India Banking & PSU Debt Fund Direct Growth is a Fixed Income mutual fund scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. This fund has been in existence for 11 years, having been launched on 2014-04-25. Franklin India Banking & PSU Debt Fund Direct Growth has ₹547.06 Cr worth of assets under management (AUM) as of Fri Apr 25 2025. The latest Net Asset Value (NAV) of Franklin India Banking & PSU Debt Fund Direct Growth as of Thu Apr 24 2025 is ₹23.2402. The fund has an expense ratio of 0.17%, which is medium comparable to most other Fixed Income funds.
Franklin India Banking & PSU Debt Fund Direct Growth returns for the last 1 year are 9.36%. Since launch, it has delivered 7.97% average annual returns.
The Franklin India Banking & PSU Debt Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Franklin India Banking & PSU Debt Fund Direct Growth.
- India Infrastructure Finance Company Limited: 9.37%
- India (Republic of) 6.9%: 8.27%
- Small Industries Development Bank Of India: 7.53%
- ICICI Bank Limited: 6.63%
- Rural Electrification Corporation Limited: 6.18%
AMC Information
| Name | Franklin Templeton Asst Mgmt(IND)Pvt Ltd |
|---|---|
| Founding Date | 2014-04-25 |
| services@franklintempleton.com | |
| Phone | +91 22 - 67519100 |
| Website | https://www.franklintempletonindia.com |
| Address | One International Centre, Tower 2, 12th and 13th Floor,Senapati Bapat Marg, Elphinstone Road (West), Mumbai |
Tax Implications of Franklin India Banking & PSU Debt Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Franklin India Equity Advantage Fund Direct Growth
EquityLarge & Mid-Cap
3Y CAGR
15.44%
expense ratio
1.36%
fund size
₹3273.15 Cr
Franklin India Liquid Growth
Money MarketLiquid
3Y CAGR
6.11%
expense ratio
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fund size
₹2002.44 Cr
Franklin India Money Market Fund Growth
Fixed IncomeMoney Market
3Y CAGR
7.04%
expense ratio
0.30%
fund size
₹2547.13 Cr
Franklin India Liquid Institutional Growth
Money MarketLiquid
3Y CAGR
6.33%
expense ratio
0.61%
fund size
₹2002.44 Cr
Franklin India Pension Plan Growth
AllocationRetirement
3Y CAGR
10.63%
expense ratio
2.29%
fund size
₹505.78 Cr
FAQs
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