| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.19% |
| NAV | ₹11.33 (05 Aug 2020) |
|---|---|
| Fund Started | 25 Apr 2014 |
| Fund Size | ₹1,025 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Housing Bank | Financial | NCD | 7.8% |
| Union Bank of India | Financial | CD | 7.1% |
| Power Finance Corpn. Ltd. | Financial | NCD | 6.0% |
| ICICI Bank Ltd. | Financial | CD | 5.8% |
| GOI | Sovereign | GOI Sec | 4.9% |
| Bank Of Baroda | Financial | CD | 4.9% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.7% |
| Export-Import Bank Of India | Financial | Bonds | 4.2% |
| REC Ltd. | Financial | NCD | 3.6% |
| National Thermal Power Corp. Ltd. | Energy | Bonds | 3.2% |
Franklin India Banking & PSU Debt Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was made available to investors on 25 Apr 2014. Sachin Padwal-Desai, Umesh Sharma is the Current Fund Manager of Franklin India Banking & PSU Debt Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,025 Cr and the Latest NAV as of 05 Aug 2020 is ₹11.33.
The Franklin India Banking & PSU Debt Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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. However, there is no assurance or guarantee that the objective of the scheme will be achieved.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.