Item: Franklin India Banking & PSU Debt Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Rating: 1
Author: Morningstar

Home › Mutual Funds › Franklin Templeton Mutual Fund › Franklin India Banking & PSU Debt Fund Direct Reinvestment Inc Dist cum Cap Wdrl

11.078 (0.016%)

NAV on April 24, 2024

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 633 cr

Turnover Ratio 66.94%

Expense Ratio 0.26%

Exit Load -

Returns

1M: -0.76%
1Y: 2.05%
3M: 0.55%
3Y: 1.78%
6M: 1.28%
5Y: 3.53%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Umesh Sharma (Since about 10 years) Anuj Tagra (Since about 2 months) Chandni Gupta (Since about 2 months) Sandeep Manam (Since over 2 years)

ISIN INF090I01KS6

Fund Family Franklin Templeton

Launch Date April 25, 2014

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 2.21 years

Yield To Maturity (%) 7.64%

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

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	30.862	7.61%	8,838 cr	0.39%	Below Average
Kotak Banking and PSU Debt Direct Growth	61.438	7.15%	5,948 cr	0.37%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	21.625	7.14%	6,247 cr	0.39%	Below Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	343.524	7.00%	10,047 cr	0.38%	Below Average
DSP Banking & PSU Debt Fund Direct Growth	22.472	6.97%	2,389 cr	0.33%	Average
Nippon India Banking & PSU Debt Fund Direct Growth	19.428	6.96%	5,454 cr	0.36%	Average
PGIM India Banking and PSU Debt Fund Direct Plan Growth	22.344	6.80%	45 cr	0.18%	Below Average

Best Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	30.862	7.61%	8,838 cr	0.39%	Below Average
Kotak Banking and PSU Debt Direct Growth	61.438	7.15%	5,948 cr	0.37%	Below Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	343.524	7.00%	10,047 cr	0.38%	Below Average
DSP Banking & PSU Debt Fund Direct Growth	22.472	6.97%	2,389 cr	0.33%	Average
Nippon India Banking & PSU Debt Fund Direct Growth	19.428	6.96%	5,454 cr	0.36%	Average
Invesco India Banking & PSU Fund Direct Growth	2188.195	6.79%	123 cr	0.25%	Above Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	22.979	6.42%	289 cr	0.39%	Above Average