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Value Research Rating
Analyst’s Choice
Riskometer
Moderate
₹21.0283 0.04%
As on 09-Sep-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Franklin India Banking & PSU Debt Fund
|
|
|
Moderate
|
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0.52 |
|
|
|
Moderate
|
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0.63 |
||
|
|
Moderate
|
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0.63 |
||
|
|
Moderate
|
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0.73 |
||
 |
|
Moderate
|
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0.74 |
₹594 Cr
--
5,000
1,000
500
12
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).
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."
Capital Gains Taxation
Dividend Taxation
Franklin India Banking & PSU Debt Fund is mandated to invest at least 80 per cent of its assets in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.
Mutual funds can be bought directly from the website of the fund house. For instance, Franklin India Banking & PSU Debt Fund fund can be purchased from the website of Franklin Templeton Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Franklin India Banking & PSU Debt Fund is ₹21.0283 as of 10-Sep-2024.
The AUM of Franklin India Banking & PSU Debt Fund Fund is ₹594 Cr as of 31-Aug-2024
The riskometer level of Franklin India Banking & PSU Debt Fund is Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
National Housing Bank Debenture 7.40 16/07/2026 |
8.51
|
|
GOI Sec 4.45 30/10/2034 |
6.11
|
|
ONGC Petro Additions Ltd SR XII Debenture 8.29 25/01/2027 |
5.32
|
|
GOI Sec 7.10 08/04/2034 |
5.27
|
|
Indian Railway Finance Corporation Ltd SR-118 Bonds 7.83 21/03/2027 |
4.53
|
As of 31-Aug-2024, Franklin India Banking & PSU Debt Fund had invested 91.61% in Debt and 8.39% in Cash & Cash Eq. See More
Franklin India Banking & PSU Debt Fund is 10 years 4 months old. It has delivered 7.42% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.38%
|
5.39%
|
6.15%
|
6.74%
|
7.32%
|
7.42%
|
No, There is no lock in period in Franklin India Banking & PSU Debt Fund.
The expense ratio of Franklin India Banking & PSU Debt Fund is 0.52.
Mutual Funds 
Franklin Templeton Franklin India Banking & PSU Debt Fund
