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3 star

Franklin India Banking & PSU Debt Fund download report


Debt: Banking and PSU

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 Lakh

Suitability:

"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

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
Franklin India Banking & PSU Debt-G 0.31 0.02 0.23 0.22 -0.45 0.35 2.41 6.10 6.68 7.24 --
CCIL T Bill Liquidity Weight 0.85 0.04 0.07 0.25 0.38 0.89 1.99 2.71 3.30 3.69 --
Debt: Banking and PSU 0.30 0.01 0.24 0.15 -0.36 0.37 2.35 6.26 6.48 7.19 --
Rank within category 10 4 9 7 11 11 10 12 7 10 --
Number of funds in category 22 22 22 22 22 22 22 17 16 14 4

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Banking & PSU Debt Fund  | Invest Online Now
3 star
Apr-14 2.41 6.10 6.68 0.53% 743
IDFC Banking & PSU Debt Fund - Regular Plan  | Invest Online
4 star
Mar-13 2.78 6.85 7.19 0.62% 16,607
Axis Banking & PSU Debt Fund
5 star
Jun-12 3.11 6.48 7.10 0.62% 14,588
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan  | Invest Online
4 star
Apr-08 2.79 6.60 6.74 0.69% 12,046
ICICI Prudential Banking & PSU Debt Fund  | Invest Now
4 star
Jan-10 2.93 6.32 6.25 0.80% 10,344

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.64 24-Mar-2020 - 31-Mar-2020 -2.54 12-Mar-2020 - 19-Mar-2020
Month 4.12 24-Mar-2020 - 23-Apr-2020 -3.07 20-Feb-2020 - 23-Mar-2020
Quarter 6.00 24-Mar-2020 - 24-Jun-2020 -0.67 17-Mar-2022 - 16-Jun-2022
Year 13.24 01-Nov-2018 - 01-Nov-2019 1.85 14-Jun-2021 - 14-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Franklin India Banking & PSU Debt-G 6.03 2.02 1.25 2.08 2.57 4.61
CCIL T Bill Liquidity Weight 2.69 0.37 -2.20 -4.41 -- --
Debt: Banking and PSU 6.27 2.35 1.23 2.52 2.43 4.73
Rank within category 12 6 10 12 9 11
Number of funds in category 17 17 17 17 17 17

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

As on 31-May-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 27 38 27 67
Modified Duration (yrs) 1.19 2.20 1.19 --
Average Maturity (yrs) 1.36 2.87 1.36 --
Yield to Maturity (%) 6.20 6.20 4.64 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 182-D 29/09/2022 Treasury Bills SOV 0.00 - 9.93 9.93
equal 6.99% Housing & Urban Development Corporation 2022 Debenture AAA 5.91 - 6.76 6.76
equal Canara Bank 22/08/2022 Certificate of Deposit A1+ 0.00 - 6.65 6.65
equal 5.47% National Bank Agr. Rur. Devp 2025 Debenture AAA 0.00 - 6.43 6.43
equal Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 6.43 6.43
equal 7.42% Power Finance Corporation 19/11/2024 Non Convertible Debenture AAA 4.81 - 5.42 5.42
equal 5.04% Indian Railway Finance Corporation 2023 Debenture AAA 0.00 - 4.79 4.79
equal 7.52% NHPC 2023 Bonds AAA 3.60 - 4.08 4.08
equal 7.29% SIDBI 2022 Debenture AAA 3.54 - 4.05 4.05
equal 9.17% NTPC 22/09/2024 Debenture AAA 3.19 - 3.53 3.53
equal 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 3.00 - 5.99 3.35
equal 6.88% REC 20/03/2025 Debenture AAA 0.00 - 3.34 3.34
equal HDFC Bank 17/08/2022 Certificate of Deposit A1+ 0.00 - 3.33 3.33
equal 6.39% Indian Oil Corporation 2025 Debenture AAA 0.00 - 3.31 3.31
equal 4.50% Oil & Natural Gas Corporation 2024 Debenture AAA 0.00 - 3.25 3.25
equal 5.36% Hindustan Petroleum Corporation 2025 Debenture AAA 2.82 - 3.22 3.22
equal 5.81% REC 31/12/2025 Debenture AAA 0.00 - 3.21 3.21
equal SIDBI 23/03/2023 Commercial Paper A1+ 0.00 - 3.21 3.21
equal 6.98% Power Finance Corporation 20/04/2023 Non Convertible Debenture AAA 1.78 - 2.03 2.03
equal 9.25% Power Finance Corporation Additional Tier 2 Bond AAA 1.37 - 1.54 1.54
equal 8.14% Nuclear Power Corpn. 25/03/2026 Debenture AAA 1.25 - 1.40 1.40
equal 8.27% REC 2025 Bonds AAA 1.23 - 1.38 1.38
equal 8.25% RBL Bank 15/04/2023 Debenture AA- 1.16 - 1.34 1.34
equal 8.19% NTPC 15/12/2025 Bonds AAA 0.63 - 0.69 0.69
equal 8.25% Export-Import Bank 28/09/2025 Bonds AAA 0.62 - 0.69 0.69

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-May-2022

Fund Manager

— Sachin Padwal-Desai since 02-Apr-2014

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 02-Apr-2014

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:


0.02%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 18.1445

IDCW: ₹ 10.1516


Investment Strategy

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).

Investment Details

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

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 25-Apr-2014
Return Since Launch: 7.56%
Benchmark: NIFTY Banking and PSU Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 743 Cr (As on 31-May-2022)
Expense: 0.53% (As on 31-May-2022)
Risk Grade: Above Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW17-Jun-20220.1200

 17-Mar-20220.1200
 24-Dec-20210.2000
 17-Sep-20210.2000
 18-Jun-20210.2000
 19-Mar-20210.2000
 18-Dec-20200.2000
 18-Sep-20200.1850
 19-Jun-20200.1850
 20-Mar-20200.1441
 20-Dec-20190.1441
 20-Sep-20190.1441
 21-Jun-20190.1441
 22-Mar-20190.1441
 21-Dec-20180.1441
 21-Sep-20180.1441
 15-Jun-20180.1441
 16-Mar-20180.1445
 15-Dec-20170.1445
 15-Sep-20170.1445
 16-Jun-20170.1445
 17-Mar-20170.1445
 16-Dec-20160.1445
 16-Sep-20160.1445
 17-Jun-20160.1445

Contact Information

AMC: Franklin Templeton Asset Management India Private Ltd

Address: Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211 Free Press Journal Marg, Nariman Point Mumbai - 400013

Phone: 1800-425-4255 / 60004255

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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