|Risk||Low to Moderate|
|Min SIP Amount||₹500|
|NAV||₹17.80 (26 Jul 2021)|
|Fund Started||25 Apr 2014|
|Fund Size||₹873 Cr|
|Housing & Urban Development Corporation Ltd.||Financial||Debenture||5.9%|
|Indian Oil Corporation Ltd.||Energy||Debenture||5.8%|
|Chennai Petroleum Corporation Ltd.||Energy||CP||5.7%|
|Axis Bank Ltd.||Financial||CD||5.5%|
|Power Finance Corporation Ltd.||Financial||NCD||4.8%|
|Indian Railway Finance Corporation Ltd.||Financial||Debenture||4.4%|
Franklin India Banking & PSU Debt Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹873 Cr and the Latest NAV as of 26 Jul 2021 is ₹17.80.
The Franklin India Banking & PSU Debt Fund Growth is rated Low to 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 (PSUs).
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.