Fund Details
Franklin India Banking & PSU Debt Fund Dividend
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.53% |
| NAV | ₹10.76 (27 Jan 2021) |
|---|---|
| Fund Started | 25 Apr 2014 |
| Fund Size | ₹1,022 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the benchmark
3. 3Y Returns are higher than the benchmark
4. 5Y Returns are higher than the benchmark
5. Exit load is zero
6. Risk-adjusted returns are higher compared to the category
7. 3Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bank Of Baroda | Financial | CD | 8.8% |
| National Housing Bank | Financial | NCD | 7.9% |
| GOI | Sovereign | GOI Sec | 5.3% |
| REC Ltd. | Financial | Debenture | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 4.9% |
| Export-Import Bank Of India | Financial | Bonds | 4.2% |
| Power Finance Corpn. Ltd. | Financial | NCD | 4.2% |
| GOI | Sovereign | GOI Sec | 3.2% |
| NHPC Ltd. | Energy | Bonds | 3.1% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 3.1% |
Fund Managers
Franklin India Banking & PSU Debt Fund Dividend Details
Franklin India Banking & PSU Debt Fund 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,022 Cr and the Latest NAV as of 27 Jan 2021 is ₹10.76.
The Franklin India Banking & PSU Debt Fund 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 (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.
