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.
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.