Franklin India Banking & PSU Debt Fund Growth-0.02%

4Groww
11.27%
1 Year Return
Debt
Banking & PSU
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Franklin India Banking & PSU Debt Fund Growth

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.54%
NAV15.86 (12 Dec 2019)
Fund Started25 Apr 2014
Fund Size898 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Franklin India Banking & PSU Debt Fund Growth
11.3%
7.9%
8.1%
8.5%
Category Average
10.4%
7.4%
8.1%
-
Rank within category
3
2
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.3% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. 3Y Returns are higher than the benchmark
    3. 5Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Power Finance Corpn. Ltd.FinancialNCD6.6%
    GOISovereignGOI Sec5.5%
    ONGC Petro Additions Ltd.EnergyDebenture5.3%
    National Highways Authority of India Ltd.ServicesDebenture4.5%
    ICICI Bank Ltd.FinancialBonds4.4%
    Hindustan Petroleum Corpn. Ltd.EnergyDebenture4.4%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture4.3%
    National Highways Authority of India Ltd.ServicesNCD4.3%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD4.3%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture3.7%
    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

    Other Details

    Franklin India Banking & PSU Debt Fund Growth is a Debt Mutual Fund Scheme launched by Franklin Templeton Mutual Fund. This scheme was introduced to investors on 25 Apr 2014. Sachin Padwal-Desai, Umesh Sharma is the Current Fund Manager of Franklin India Banking & PSU Debt Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹898 Cr and the Latest NAV as of 12 Dec 2019 is ₹15.86.

    The Franklin India Banking & PSU Debt Fund Growth is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.

    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)

    ₹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
    18 Feb 1996
    Franklin Templeton Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Templeton
    Address
    4th Floor, Kuber Complex, Rathyatra Kamachha Rd, Rathyatra Crossing, Near Tanishq Jewelers, Rathyatra, Sidhgiribagh, Varanasi,
    Email
    NA
    Website
    NA
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