Fund Details
Franklin India Banking & PSU Debt Fund Direct IDCW
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.21% |
| NAV | ₹11.13 (11 May 2021) |
|---|---|
| Fund Started | 25 Apr 2014 |
| Fund Size | ₹1,004 Cr |
Returns
Comparison
1. Lower expense ratio - 0.21%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 5.8% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 5.2% |
| Power Finance Corpn. Ltd. | Financial | NCD | 4.3% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 4.0% |
| GOI | Sovereign | GOI Sec | 3.3% |
| GOI | Sovereign | GOI Sec | 3.3% |
| NHPC Ltd. | Energy | Bonds | 3.3% |
| National Thermal Power Corp. Ltd. | Energy | Debenture | 2.9% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 2.5% |
| Power Finance Corpn. Ltd. | Financial | NCD | 1.6% |
Fund Managers
Franklin India Banking & PSU Debt Fund Direct IDCW Details
Franklin India Banking & PSU Debt Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,004 Cr and the Latest NAV as of 11 May 2021 is ₹11.13.
The Franklin India Banking & PSU Debt Fund Direct IDCW 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 (PSUs).
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.
