Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Franklin India Banking & PSU Debt Fund - Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 5/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 79/100 · Good
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)7.46%
- Expense ratio (20%)0.23%
- AUM (15%)₹567 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Franklin Templeton Mutual Fund · Debt · Banking and PSU
₹25.31
AUM: ₹567 Cr
NAV updated 3 days 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
-0.34
Std Dev (1Y)
1.09%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.35%
3m
+1.58%
6m
+3.46%
1y
+6.31%
3y
+7.46%
5y
+6.42%
10y
+7.25%
since inception
+7.35%
TopFund's Take on Franklin India Banking & PSU Debt Fund - Growth
Franklin India Banking & PSU Debt Fund - Growth holds up reasonably well within the Banking and PSU 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 category average of 0.35% (based on 143 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 -0.34 — 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 1.09% is on the lower side for a Banking and PSU fund, 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.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Franklin India Banking & PSU Debt Fund - Growth
The current NAV (Net Asset Value) of Franklin India Banking & PSU Debt Fund - Growth is ₹25.31. NAV is updated every business day after market close by AMFI.
1Y: 6.31% · 3Y CAGR: 7.46% · 5Y CAGR: 6.42%
The expense ratio of Franklin India Banking & PSU Debt Fund - Growth is 0.23% per annum. This is the annual fee charged by the fund to manage your investment.
Franklin India Banking & PSU Debt Fund - Growth is managed by Sachin Padwal-Desai, Umesh Sharma at Franklin Templeton Mutual Fund.
Franklin India Banking & PSU Debt Fund - Growth is classified as a Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Franklin India Banking & PSU Debt Fund - Growth is a Banking and PSU fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Franklin India Banking & PSU Debt Fund - Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Franklin India Banking & PSU Debt Fund - Growth is ₹567 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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