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2 star

Franklin India Government Securities Fund - Direct Plan


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.52 -0.05 -0.02 0.32 0.44 2.19 3.12 7.52 4.38 7.28 --
CCIL All Sovereign Bond - TRI 2.78 0.06 -0.12 1.01 1.94 2.87 3.23 9.98 6.91 8.81 --
Debt: Gilt 3.12 -0.04 -0.02 0.58 0.81 2.56 3.69 9.33 6.67 8.56 --
Rank within category 17 17 11 23 22 18 15 20 21 20 --
Number of funds in category 21 24 24 24 23 23 21 21 21 21 0

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Government Securities Fund - Direct Plan  | Invest Online Now
2 star
Jan-13 3.12 7.52 4.38 0.61% 198
ICICI Prudential Gilt Fund - Direct Plan  | Invest Now
4 star
Jan-13 5.67 10.37 7.24 0.56% 3,273
IDFC Government Securities Fund - Investment Plan - Direct Plan
4 star
Jan-13 3.45 10.96 7.93 0.62% 2,041
Kotak Gilt Investment - Direct Plan  | Invest Online
4 star
Jan-13 4.42 10.34 7.15 0.23% 1,942
Kotak Gilt Investment Provident Fund and Trust Plan - Direct Plan  | Invest Online
4 star
Jan-13 4.42 10.34 7.15 0.40% 1,942

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.36 19-Aug-2013 - 26-Aug-2013 -4.92 12-Aug-2013 - 19-Aug-2013
Month 6.55 25-Oct-2016 - 24-Nov-2016 -8.76 19-Jul-2013 - 19-Aug-2013
Quarter 10.22 12-Sep-2014 - 12-Dec-2014 -12.52 20-May-2013 - 19-Aug-2013
Year 24.67 31-Jan-2014 - 02-Feb-2015 -5.73 08-Sep-2017 - 10-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.36 3.20 1.12 1.72 0.64 -0.16
CCIL All Sovereign Bond - TRI 9.65 4.57 1.28 1.80 -- --
Debt: Gilt 9.05 3.58 1.47 2.39 0.72 1.05
Rank within category 20 4 19 18 4 19
Number of funds in category 21 21 21 21 21 21

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 8 5 14
Modified Duration (yrs) 1.68 5.21 1.68 --
Average Maturity (yrs) 1.93 7.17 1.93 --
Yield to Maturity (%) 4.45 5.93 4.45 --
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 8.79% GOI 2021 Central Government Loan SOV 0.00 - 25.32 25.32
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 23.66 23.66
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 23.45 20.00
equal Reserve Bank of India 364-D 06/01/2022 Treasury Bills SOV 0.00 - 12.57 12.57
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.79 - 1.01 1.01

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Sachin Padwal-Desai since 01-Jan-2013

Education: Mr. Desai is a B.E and PGDM from IIM Bangalore.

Experience: Prior to joining Franklin Templeton Mutual Fund, he has worked with Sundaram Mutual Fund, ICICI Bank, Infosys Technologies and Thermax.

Funds Managed:

— Umesh Sharma since 01-Jan-2013

Education: Mr. Sharma is a B.Com (H), CS and CA.

Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.

Funds Managed:


-0.05%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 52.3147

IDCW Quarterly: ₹ 11.4930


Investment Strategy

The Scheme seeks to generate return through investments in sovereign securities issued by the Central Government and / or a State Government and / or any security unconditionally guaranteed by the central Government and / or State Government for repayment of Principal and Interest.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 5,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.77%
Benchmark: NIFTY All Duration G-Sec Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 198 Cr (As on 31-Oct-2021)
Expense: 0.61% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly17-Sep-20210.2050

 18-Jun-20210.2050
 19-Mar-20210.2050
 18-Dec-20200.2200
 18-Sep-20200.2035
 19-Jun-20200.2035
 20-Mar-20200.1585
 20-Dec-20190.1585
 20-Sep-20190.1585
 21-Jun-20190.1585
 22-Mar-20190.1441
 21-Dec-20180.1441
 21-Sep-20180.1441
 15-Jun-20180.1441
 16-Mar-20180.1517
 15-Dec-20170.1625
 15-Sep-20170.1625
 16-Jun-20170.1625
 17-Mar-20170.1625
 16-Dec-20160.1625
 16-Sep-20160.1625
 17-Jun-20160.1625
 28-Mar-20160.1625
 18-Dec-20150.1625
 18-Sep-20150.1625

Contact Information

AMC: Franklin Templeton Asset Management India Private Ltd

Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013

Phone: 1800-425-4255 / 60004255

Email: [email protected]

Website: http://www.franklintempletonindia.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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