Franklin India Banking & PSU Debt Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Fund House : Franklin Templeton Mutual Fund

No of Debt Holding 27 (Category Avg - 58.09) | Modified Duration 2.17 Years (Category Avg - 3.01)| Yield to Maturity 6.78% (Category Avg - 6.69%)

Portfolio Summary (as on 30th Sep,2025)

Security Type	% Weight	Category Average
GOI	8.01%	14.77%
CD	13.79%	5.35%
T-Bills	0.00%	0.03%
CP	0.00%	0.16%
NCD & Bonds	68.98%	72.21%
PTC	0.00%	0.94%

Category - Banking and PSU Fund

Security Type	% Weight	Category Average
Government Backed	8.01%	14.80%
Low Risk	82.77%	78.67%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Banking and PSU Fund

Debt holding in Portfolio (as on 30th Sep,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Jubilant Bevco Ltd.	NCD & Bonds	Restaurants	AA	CRISIL	392.87	7.87%	3.75 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	334.78	6.71%	6.00 k
Bond - India Infrastructure Finance Co. Ltd.	NCD & Bonds	Financial institution	INDAAA	FITCH	319.41	6.40%	3.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	CARE AAA	CARE	266.58	5.34%	250.00
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	LAAA	ICRA	265.43	5.32%	2.50 k
Bond - Housing & Urban Development Corporation Ltd.	NCD & Bonds	Financial institution	LAAA	ICRA	255.67	5.12%	2.50 k
Bond - ICICI Bank Ltd.	NCD & Bonds	Private sector bank	CARE AAA	CARE	253.69	5.08%	25.00
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	253.29	5.07%	2.50 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	LAAA	ICRA	252.83	5.06%	250.00
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	247.19	4.95%	500.00
Bond - Axis Bank Ltd.	CD	Private sector bank	P1+	CRISIL	245.94	4.93%	500.00
Bond - HDFC Bank Ltd.	NCD & Bonds	Private sector bank	AAA	CRISIL	208.18	4.17%	20.00
Bond - Canara Bank	CD	Public sector bank	P1+	CRISIL	195.16	3.91%	400.00
Bond - National Housing Bank	NCD & Bonds	Financial institution	AAA	CRISIL	154.45	3.09%	1.50 k
Bond - Govt of India	GOI	Other			124.82	2.50%	12.75 L
Bond - Jubilant Beverages Ltd.	NCD & Bonds	Other beverages	AA	CRISIL	120.66	2.42%	1.15 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	105.59	2.11%	1.00 k
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	LAAA	ICRA	104.24	2.09%	1.00 k
Bond - National Housing Bank	NCD & Bonds	Financial institution	AAA	CRISIL	104.08	2.08%	1.00 k
Bond - Govt of India	GOI	Other			103.87	2.08%	10.00 L
Bond - Govt of India	GOI	Other			77.55	1.55%	7.65 L
Bond - Govt of India	GOI	Other			53.87	1.08%	5.46 L
Bond - HDFC Bank Ltd.	NCD & Bonds	Private sector bank	AAA	CRISIL	52.62	1.05%	5.00
Bond - Govt of India	GOI	Other			25.21	0.51%	2.50 L
Bond - Govt of India	GOI	Other			5.28	0.11%	52.56 k
Bond - Govt of India	GOI	Other			5.00	0.10%	50.00 k
Bond - Govt of India	GOI	Other			4.03	0.08%	41.70 k