Franklin India Banking & PSU Debt Fund Direct Dividend-0.03%

5
11.03%
1 Year Return
Debt
Banking & PSU
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Franklin India Banking & PSU Debt Fund Direct Dividend

RiskModerate
Min SIP Amount₹500
Expense Ratio0.23%
NAV₹11.26 (27 May 2020)
Fund Started25 Apr 2014
Fund Size₹1,126 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Franklin India Banking & PSU Debt Fund Direct Dividend
11.0%
9.1%
9.0%
9.3%
Category Average
11.1%
8.1%
8.3%
-
Rank within category
10
4
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month₹5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    ₹0
    with 11.0% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec10.4%
    Export-Import Bank Of IndiaFinancialBonds8.2%
    National Housing BankFinancialNCD6.8%
    ICICI Bank Ltd.FinancialCD5.2%
    National Thermal Power Corp. Ltd.EnergyBonds2.8%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture2.7%
    National Highways Authority of India Ltd.ServicesDebenture2.3%
    ONGC Petro Additions Ltd.EnergyDebenture2.3%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture2.3%
    Power Finance Corpn. Ltd.FinancialNCD1.3%
    See All

    Fund Managers

    addSachin Padwal-Desai
    Education
    Mr. Desai is a B.E and PGDM from IIM Bangalore.
    Experience
    Prior to joining Sundaram Mutual Fund he has worked with ICICI Bank, Infosys Technologies and Thermax.
    Funds Managed
    addUmesh Sharma
    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
    addSrikesh Nair
    Education
    Mr. Nair is a B.S. Marine Engineering from BITS Pilani and holds a Post Graduate Diploma in Management from Management Development Institute, Gurgaon.
    Experience
    Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with Goldman Sachs Services Private Limited (Apr 2011 - May 2015) as an Analyst and Teekay Shipping (Oct 2007 - Apr 2008 ) as a Trainee Marine Engineer
    Funds Managed
    addPyari Menon
    Education
    Mr. Menon has done Master of Business Administration (The University of Melbourne) and Bachelor of Technology (IIT Madras).
    Experience
    Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd (April 2019- till date), he has worked with Tano Capital (September 2012 – December 2018), Daiwa Securities (November 2010-April 2012), Intellectual Ventures (March 2009-November 2010).
    Funds Managed

    Franklin India Banking & PSU Debt Fund Direct Dividend Details

    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 ₹1,126 Cr and the Latest NAV as of 27 May 2020 is ₹11.26.

    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.

    Investment Objective

    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.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    Click here
    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Franklin Templeton Mutual Fund

    Address
    Indiabulls Finance Centre; Tower 2, 12th and 13th Floor; Senapati Bapat Marg; Elphinstone Road (W) Mumbai 400013
    Phone
    022 - 67519100
    Launch Date
    19 Feb 1996
    E-mail
    services@franklintempleton.com
    Website
    NA
    Franklin Templeton Mutual Fund
    Asset Management Company
    Custodian
    Hongkong & Shanghai Banking Corporation
    Registrar & Transfer Agent
    Templeton
    Address
    Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi
    Email
    NA
    Website
    NA
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