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franklin india banking & psu debt fund direct growth
Franklin India Banking & PSU Debt Fund Direct Growth

Franklin India Banking & PSU Debt Fund Direct Growth

  • Moderate Risk
  • Fixed Income
  • Banking and PSU
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NAV as on Jul 4, 2025
i
Price per unit of the scheme.
₹ 23.54140.03%1 Day Change
0.24%
Minimum Investment₹5000
Expense Ratio0.15%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Franklin India Banking & PSU Debt Fund Direct Growth
VS
Fixed Income: Banking and PSU Average NAV
    Topper in Fixed Income: Banking and PSU
    Edelweiss Banking and PSU Debt Fund Direct Plan Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Franklin India Banking & PSU Debt Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    NIFTY Banking & PSU Debt TR INR
    Expense Ratio
    0.15%
    Category Avg Expense Ratio
    0.34%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 549.55 Cr(As on May, 2025)
    Inception Date
    Apr 25, 2014
    Turnover
    - %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    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, Public Sector Undertakings (PSUs) and Municipal bonds. However, there is no assurance or guarantee that the objective of the scheme will be achieved.

    Franklin India Banking & PSU Debt Fund Direct Growth is an Fixed Income - Banking and PSU fund. The fund was launched inApr 25, 2014. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹23.54. Its expense ratio is 0.15 %. The fund has an AUM of ₹549.55 Cr.The fund is managed bySachin Padwal-Desai,Sandeep Manam,Umesh Sharma,Chandni Gupta,Anuj Tagra.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Umesh Sharma
    Umesh Sharma
    i
    Lead Fund Manager.
    Apr 25, 2014 - Present
    • Fund Manager Rank7Out of 22
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed14
    • Total AUM₹ 14,825.75 Cr
    • Highest Return In 1 Yr308.96 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Franklin India Equity Hybrid Fund Direct Growth
    ₹ 312.96
    2.12%
    2.46%
    Very High Risk
    ₹2,187.18Cr
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    --
    ₹ 3.21
    258.95%
    -%
    Low Risk
    ₹29.52Cr
    Franklin India Banking & PSU Debt Fund Direct Growth
    ₹ 23.54
    0.24%
    0.12%
    Moderate Risk
    ₹549.55Cr
    Franklin India Equity Hybrid Fund Direct Growth
    Very High Risk
    • NAV₹ 312.96
    • Fund Size₹2,187.18Cr
    Fund Return2.12%
    Category Return2.46%
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    Low Risk--
    • NAV₹ 3.21
    • Fund Size₹29.52Cr
    Fund Return258.95%
    Category Return--
    Franklin India Banking & PSU Debt Fund Direct Growth
    Moderate Risk
    • NAV₹ 23.54
    • Fund Size₹549.55Cr
    Fund Return0.24%
    Category Return0.12%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Sachin Padwal-Desai
    Sachin Padwal-Desai
    i
    Lead Fund Manager.
    Apr 25, 2014 - Present
    • Schemes managed12
    • Total AUM₹ 7,838.46 Cr
    • Highest Return In 1 Yr308.96 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Franklin India Equity Hybrid Fund Direct Growth
    ₹ 312.96
    2.12%
    2.46%
    Very High Risk
    ₹2,187.18Cr
    Franklin India Banking & PSU Debt Fund Direct Growth
    ₹ 23.54
    0.24%
    0.12%
    Moderate Risk
    ₹549.55Cr
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    --
    ₹ 3.21
    258.95%
    -%
    Low Risk
    ₹29.52Cr
    Franklin India Equity Hybrid Fund Direct Growth
    Very High Risk
    • NAV₹ 312.96
    • Fund Size₹2,187.18Cr
    Fund Return2.12%
    Category Return2.46%
    Franklin India Banking & PSU Debt Fund Direct Growth
    Moderate Risk
    • NAV₹ 23.54
    • Fund Size₹549.55Cr
    Fund Return0.24%
    Category Return0.12%
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    Low Risk--
    • NAV₹ 3.21
    • Fund Size₹29.52Cr
    Fund Return258.95%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Sandeep Manam
    Sandeep Manam
    i
    Lead Fund Manager.
    Oct 18, 2021 - Present
    • Schemes managed21
    • Total AUM₹ 93,259.34 Cr
    • Highest Return In 1 Yr13.07 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Franklin India Flexi Cap Fund Direct Growth
    ₹ 1,851.55
    2.67%
    3.41%
    Very High Risk
    ₹18,679.30Cr
    Franklin India Equity Advantage Fund Direct Growth
    ₹ 213.98
    4.19%
    3.38%
    Very High Risk
    ₹3,491.04Cr
    Franklin India Focused Equity Fund Direct Growth
    ₹ 122.21
    2.94%
    3.17%
    Very High Risk
    ₹12,146.55Cr
    Franklin India Flexi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 1,851.55
    • Fund Size₹18,679.30Cr
    Fund Return2.67%
    Category Return3.41%
    Franklin India Equity Advantage Fund Direct Growth
    Very High Risk
    • NAV₹ 213.98
    • Fund Size₹3,491.04Cr
    Fund Return4.19%
    Category Return3.38%
    Franklin India Focused Equity Fund Direct Growth
    Very High Risk
    • NAV₹ 122.21
    • Fund Size₹12,146.55Cr
    Fund Return2.94%
    Category Return3.17%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Chandni Gupta
    Chandni Gupta
    i
    Lead Fund Manager.
    Mar 7, 2024 - Present
    • Schemes managed19
    • Total AUM₹ 42,499.46 Cr
    • Highest Return In 1 Yr10.97 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct Growth
    --
    ₹ 12.43
    0.37%
    -%
    Moderate Risk
    ₹1,791.69Cr
    ICICI Prudential Nifty G-Sec Dec 2030 Index Fund Direct Growth
    --
    ₹ 12.76
    -0.19%
    -%
    Moderate Risk
    ₹967.34Cr
    ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
    ₹ 34.28
    0.30%
    0.12%
    Low to Moderate Risk
    ₹10,485.23Cr
    ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct Growth
    Moderate Risk--
    • NAV₹ 12.43
    • Fund Size₹1,791.69Cr
    Fund Return0.37%
    Category Return--
    ICICI Prudential Nifty G-Sec Dec 2030 Index Fund Direct Growth
    Moderate Risk--
    • NAV₹ 12.76
    • Fund Size₹967.34Cr
    Fund Return-0.19%
    Category Return--
    ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 34.28
    • Fund Size₹10,485.23Cr
    Fund Return0.30%
    Category Return0.12%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Anuj Tagra
    Anuj Tagra
    i
    Lead Fund Manager.
    Mar 7, 2024 - Present
    • Schemes managed14
    • Total AUM₹ 1,25,644.23 Cr
    • Highest Return In 1 Yr11.73 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ICICI Prudential Constant Maturity Gilt Direct Growth
    ₹ 25.49
    -0.19%
    -0.28%
    Moderate Risk
    ₹2,550.77Cr
    ICICI Prudential Gilt Fund Direct Plan Growth
    ₹ 111.41
    -0.11%
    -0.87%
    Moderate Risk
    ₹7,347.01Cr
    ICICI Prudential Long Term Bond Fund Direct Plan Growth
    --
    ₹ 98.81
    -0.89%
    -1.68%
    Moderate Risk
    ₹1,229.87Cr
    ICICI Prudential Constant Maturity Gilt Direct Growth
    Moderate Risk
    • NAV₹ 25.49
    • Fund Size₹2,550.77Cr
    Fund Return-0.19%
    Category Return-0.28%
    ICICI Prudential Gilt Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 111.41
    • Fund Size₹7,347.01Cr
    Fund Return-0.11%
    Category Return-0.87%
    ICICI Prudential Long Term Bond Fund Direct Plan Growth
    Moderate Risk--
    • NAV₹ 98.81
    • Fund Size₹1,229.87Cr
    Fund Return-0.89%
    Category Return-1.68%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Jun, 2025
    EQUITY (-%)
    DEBT (90.85%)
    CASH (8.79%)
    Allocation by Market Cap
    Other Cap(0.36%)
    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -0.18
      This Fund
      VS
      -0.65
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      91.95
      This Fund
      VS
      65.82
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      1.17
      This Fund
      VS
      1.26
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.03
      This Fund
      VS
      0.51
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      2.11
      This Fund
      VS
      1.06
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      0.97
      This Fund
      VS
      1.42
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Tata Banking & PSU Debt Fund Direct GrowthTata Banking & PSU Debt Fund Direct Growth
    ₹ 13.49
    0.70%
    0.41%
    Moderate Risk
    ₹ 213.01 Cr
    PGIM India Banking and PSU Debt Fund Direct Plan GrowthPGIM India Banking and PSU Debt Fund Direct Plan Growth
    ₹ 22.34
    0.51%
    0.07%
    Low to Moderate Risk
    ₹ 45.38 Cr
    UTI Banking & PSU Debt Fund Direct Plan GrowthUTI Banking & PSU Debt Fund Direct Plan Growth
    ₹ 22.43
    0.48%
    0.12%
    Moderate Risk
    ₹ 799.59 Cr
    TrustMF Banking & PSU Debt Direct GrowthTrustMF Banking & PSU Debt Direct Growth
    --
    ₹ 1,304.94
    0.42%
    0.12%
    Low to Moderate Risk
    ₹ 110.09 Cr
    ITI Banking & PSU Debt Fund Direct GrITI Banking & PSU Debt Fund Direct Gr
    --
    ₹ 13.43
    0.42%
    0.12%
    Low to Moderate Risk
    ₹ 35.98 Cr
    Bandhan Banking & PSU Debt Fund Direct GrowthBandhan Banking & PSU Debt Fund Direct Growth
    ₹ 25.47
    0.39%
    0.12%
    Moderate Risk
    ₹ 13,579.65 Cr
    Tata Banking & PSU Debt Fund Direct Growth
    Moderate Risk
    • NAV₹ 13.49
    • Fund Size₹ 213.01 Cr
    Fund Return0.70%
    Category Return0.41%
    PGIM India Banking and PSU Debt Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 22.34
    • Fund Size₹ 45.38 Cr
    Fund Return0.51%
    Category Return0.07%
    UTI Banking & PSU Debt Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 22.43
    • Fund Size₹ 799.59 Cr
    Fund Return0.48%
    Category Return0.12%
    TrustMF Banking & PSU Debt Direct Growth
    Low to Moderate Risk--
    • NAV₹ 1,304.94
    • Fund Size₹ 110.09 Cr
    Fund Return0.42%
    Category Return0.12%
    ITI Banking & PSU Debt Fund Direct Gr
    Low to Moderate Risk--
    • NAV₹ 13.43
    • Fund Size₹ 35.98 Cr
    Fund Return0.42%
    Category Return0.12%
    Bandhan Banking & PSU Debt Fund Direct Growth
    Moderate Risk
    • NAV₹ 25.47
    • Fund Size₹ 13,579.65 Cr
    Fund Return0.39%
    Category Return0.12%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Franklin India Income Opportunities Fund Segregated Portfolio 2 Direct GrowthFranklin India Income Opportunities Fund Segregated Portfolio 2 Direct Growth
    --
    ₹ 2.04
    259.06%
    --
    Moderate Risk
    ₹ 45.54 Cr
    Franklin India Short Term Income Plan Segregated Portfolio 2 Retail Plan Direct GrowthFranklin India Short Term Income Plan Segregated Portfolio 2 Retail Plan Direct Growth
    --
    ₹ 371.80
    259.05%
    --
    Moderate Risk
    ₹ 164.26 Cr
    Franklin India Credit Risk Fund Segregated Portfolio 2 Direct GrowthFranklin India Credit Risk Fund Segregated Portfolio 2 Direct Growth
    --
    ₹ 2.17
    259.05%
    --
    Very High Risk
    ₹ 105.84 Cr
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct GrowthFranklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    --
    ₹ 3.21
    258.95%
    --
    Low Risk
    ₹ 29.52 Cr
    Franklin India Low Duration Fund Segregated Portfolio 2 Direct GrowthFranklin India Low Duration Fund Segregated Portfolio 2 Direct Growth
    --
    ₹ 1.39
    258.80%
    --
    Moderate Risk
    ₹ 47.42 Cr
    Franklin India Short Term Income Plan Direct Plan GrowthFranklin India Short Term Income Plan Direct Plan Growth
    ₹ 15,097.54
    192.10%
    --
    Moderate Risk
    ₹ 12.51 Cr
    Franklin India Income Opportunities Fund Segregated Portfolio 2 Direct Growth
    Moderate Risk--
    • NAV₹ 2.04
    • Fund Size₹ 45.54 Cr
    1 Month Return259.06%
    Category Return--
    Franklin India Short Term Income Plan Segregated Portfolio 2 Retail Plan Direct Growth
    Moderate Risk--
    • NAV₹ 371.80
    • Fund Size₹ 164.26 Cr
    1 Month Return259.05%
    Category Return--
    Franklin India Credit Risk Fund Segregated Portfolio 2 Direct Growth
    Very High Risk--
    • NAV₹ 2.17
    • Fund Size₹ 105.84 Cr
    1 Month Return259.05%
    Category Return--
    Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth
    Low Risk--
    • NAV₹ 3.21
    • Fund Size₹ 29.52 Cr
    1 Month Return258.95%
    Category Return--
    Franklin India Low Duration Fund Segregated Portfolio 2 Direct Growth
    Moderate Risk--
    • NAV₹ 1.39
    • Fund Size₹ 47.42 Cr
    1 Month Return258.80%
    Category Return--
    Franklin India Short Term Income Plan Direct Plan Growth
    Moderate Risk
    • NAV₹ 15,097.54
    • Fund Size₹ 12.51 Cr
    1 Month Return192.10%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Franklin Templeton Asst Mgmt(IND)Pvt Ltd
    Franklin Templeton Asst Mgmt(IND)Pvt Ltd manages assets worth ₹ 1,12,860.65 crores. It’s current offering of mutual fund schemes includes 16 equity, 19 debt and 7 hybrid schemes.
    phone icon
    Phone
    +91 22 - 67519100
    mail icon
    Email
    services@franklintempleton.com
    aum
    AUM
    ₹ 1,12,860.65 Cr (
    As on May 31, 2025
    )
    location
    Address
    Senapati Bapat Marg, Elphinstone Road (West), Mumbai Mumbai,400 013

    bt_logoFAQ's

    What is the category of Franklin India Banking & PSU Debt Fund Direct Growth ?
    The category of Franklin India Banking & PSU Debt Fund Direct Growth is Fixed Income - Banking and PSU
    What is the current NAV of Franklin India Banking & PSU Debt Fund Direct Growth ?
    The current NAV of Franklin India Banking & PSU Debt Fund Direct Growth as on Jul 04, 2025 is ₹23.54
    How safe is Franklin India Banking & PSU Debt Fund Direct Growth ?
    The risk level of Franklin India Banking & PSU Debt Fund Direct Growth is Moderate.
    What are short term returns given by Franklin India Banking & PSU Debt Fund Direct Growth ?
    The return given by Franklin India Banking & PSU Debt Fund Direct Growth in 1 month is 0.24%, 3 months is 2.29%, 6 months is 4.91%, and 1 year is 9.18%
    What are the long term returns given by Franklin India Banking & PSU Debt Fund Direct Growth ?
    The return given by Franklin India Banking & PSU Debt Fund Direct Growth in 3 years is 7.74% and 5 years is 6.20%.
    What is the expense ratio of Franklin India Banking & PSU Debt Fund Direct Growth ?
    The expense ratio of Franklin India Banking & PSU Debt Fund Direct Growth is 0.15%
    What is the AUM of Franklin India Banking & PSU Debt Fund Direct Growth ?
    The assets under Management (AUM) of Franklin India Banking & PSU Debt Fund Direct Growth is Rs 549.55 crores.
    What is the minimum investment in Franklin India Banking & PSU Debt Fund Direct Growth ?
    The minimum Lumpsum investment in Franklin India Banking & PSU Debt Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Franklin India Banking & PSU Debt Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Franklin India Banking & PSU Debt Fund Direct Growth?
    Franklin India Banking & PSU Debt Fund Direct Growth has an exposure of 90.85% in Debt and 8.79% in Cash & Money Market Securities

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