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Franklin India Banking & PSU Debt Fund - Direct - Growth
★★★★★ monitor_heart Health Score: 79/100 · GoodFranklin Templeton Mutual Fund · Debt · Banking and PSU Fund
₹25.12
AUM: ₹583 Cr
NAV updated about 1 month ago
Plan
Direct
Option
Growth
Risk
Moderate
Expense Ratio
0.23%
Exit Load
Nil
Fund Manager
Sachin Padwal-Desai, Umesh Sharma
Inception
Apr 2014
Benchmark
Nifty Banking & PSU Debt Index A-II
Sharpe Ratio
-0.42
Std Dev (1Y)
1.17%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.54%
3m
+1.23%
6m
+2.69%
1y
+5.82%
3y
+7.39%
5y
+6.27%
10y
+7.39%
since inception
+7.78%
rate_review TopFund's Take on Franklin India Banking & PSU Debt Fund - Direct - Growth
Franklin India Banking & PSU Debt Fund - Direct - Growth holds up reasonably well within the Banking and PSU Fund category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 79/100.
Cost: At 0.23%, the expense ratio is meaningfully cheaper — about 34% below the Banking and PSU Fund category average of 0.35% (based on 142 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.42 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.17% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Franklin India Banking & PSU Debt Fund - Direct - Growth
The current NAV (Net Asset Value) of Franklin India Banking & PSU Debt Fund - Direct - Growth is ₹25.12. NAV is updated every business day after market close by AMFI.
1Y: 5.82% · 3Y CAGR: 7.39% · 5Y CAGR: 6.27%
The expense ratio is 0.23% per annum — the annual fee deducted from your investment to cover fund management costs.
Franklin India Banking & PSU Debt Fund - Direct - Growth is managed by Sachin Padwal-Desai, Umesh Sharma at Franklin Templeton Mutual Fund.
Franklin India Banking & PSU Debt Fund - Direct - Growth is a Moderate risk fund. Suitable for investors with a moderate risk appetite.
Franklin India Banking & PSU Debt Fund - Direct - Growth is a Banking and PSU Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Franklin India Banking & PSU Debt Fund - Direct - Growth is ₹583 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.