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

Scheme 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 and Public Sector Undertakings (PSUs).

Scheme Details

Fund manager(s) – Sandeep Manam , Anuj Tagra , Chandni Gupta
Launch date – 25-Apr-2014
Expense ratio – 0.19% as declared on 30-Sep-2025 (category average is 0.32%)
Benchmark - NIFTY Banking & PSU Debt Index A-II

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

499.27

0.00

0.00%

Sep - 2025	499.27	0.00%
Aug - 2025	500.27	0.00%
Jul - 2025	538.59	0.00%
Jun - 2025	543.34	0.00%
May - 2025	549.55	0.00%
Apr - 2025	544.81	0.00%
Mar - 2025	547.06	0.00%
Feb - 2025	587.34	0.00%
Jan - 2025	595.56	0.00%

2024

572.25

0.00

0.00%

Dec - 2024	572.25	0.00	0.00%
Nov - 2024	580.32	0.00	0.00%
Oct - 2024	577.71	0.00	0.00%
Sep - 2024	583.22	0.00	0.00%
Aug - 2024	593.99	0.00	0.00%
Jul - 2024	609.98	0.00	0.00%
Jun - 2024	618.16	0.00	0.00%
May - 2024	624.25	81477.95	0.77%
Apr - 2024	630.16	80680.29	0.78%
Mar - 2024	637.92	80890.55	0.79%
Feb - 2024	639.50	80223.63	0.80%
Jan - 2024	642.72	80069.00	0.80%

2023

643.04

80183.65

0.80%

Dec - 2023	643.04	80183.65	0.80%
Nov - 2023	653.57	80346.64	0.81%
Oct - 2023	656.12	79368.49	0.83%
Sep - 2023	650.38	79654.45	0.82%
Aug - 2023	659.57	80332.61	0.82%
Jul - 2023	667.32	80956.57	0.82%
Jun - 2023	686.96	81787.54	0.84%
May - 2023	704.60	81736.87	0.86%
Apr - 2023	711.93	81110.56	0.88%
Mar - 2023	716.09	78484.15	0.91%
Feb - 2023	712.45	73314.34	0.97%
Jan - 2023	703.83	73318.83	0.96%

2022

705.09

74208.59

0.95%

Dec - 2022	705.09	74208.59	0.95%
Nov - 2022	711.78	75252.58	0.95%
Oct - 2022	720.82	76651.58	0.94%
Sep - 2022	729.44	77785.30	0.94%
Aug - 2022	744.33	81880.91	0.91%
Jul - 2022	734.72	82785.88	0.89%
Jun - 2022	737.13	85128.49	0.87%
May - 2022	742.94	88850.75	0.84%
Apr - 2022	771.35	90323.24	0.85%
Mar - 2022	783.07	93415.66	0.84%
Feb - 2022	792.89	101302.44	0.78%
Jan - 2022	804.61	104608.33	0.77%

2021

813.89

106513.22

0.76%

Dec - 2021	813.89	106513.22	0.76%
Nov - 2021	819.73	113508.73	0.72%
Oct - 2021	833.58	116806.57	0.71%
Sep - 2021	840.71	117918.18	0.71%
Aug - 2021	844.32	122278.79	0.69%
Jul - 2021	856.24	120422.40	0.71%
Jun - 2021	873.04	120829.19	0.72%
May - 2021	998.28	120285.43	0.83%
Apr - 2021	1003.61	119665.32	0.84%
Mar - 2021	971.24	118145.36	0.82%
Feb - 2021	992.02	125193.80	0.79%
Jan - 2021	1022.53	127435.11	0.80%

2020

1021.74

124611.44

0.82%

Dec - 2020	1021.74	124611.44	0.82%
Nov - 2020	1019.43	123371.11	0.83%
Oct - 2020	1022.20	118432.81	0.86%
Sep - 2020	1018.48	111348.87	0.91%
Aug - 2020	1020.78	104914.41	0.97%
Jul - 2020	1041.64	103791.81	1.00%
Jun - 2020	1025.40	96186.47	1.07%
May - 2020	1058.54	89853.66	1.18%
Apr - 2020	1126.26	79340.17	1.42%
Mar - 2020	1155.81	71984.40	1.61%
Feb - 2020	1331.82	78722.15	1.69%
Jan - 2020	1056.82	74112.05	1.43%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

Franklin Templeton Asset Management (India) Private Limited

One International Centre, Tower 2, 12th & 13th Floor, Senapati Bapat Marg, Elphinstone (West) Mumbai 400013
Tel no.: 022 - 67519100
Fax no.: 022-66490622/6649062
Website.: https://www.franklintempletonindia.com

Forum

NITINPIMPALE
MF Investment Help
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14 days ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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26 days ago

View more

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The Fixed Income
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16 hrs ago

Diversify Your Investment Portfolio with a High and Fixed Return Opportunity 11.45% MEGHALAYA ENERGY CORPORATION LIMITED 2030 ✔️ Coupon: 11.45% ✔️ Rating: BRICKWORK (BWR) A-(CE) Stable, Acuite (SMERA) A-(CE) Stable ✔️ Tenor: 4y 3m (Maturity: 13/Feb/2030) Senior Secured Bond | PSU Bond | High Return Bond | Listed Secure a strong, stable investment backed by a PSU and enjoy predictable returns. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dXhXdlpnPT0=/1145-meghalaya-energy-corporation-limited-2030?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Diversify Your Investment Portfolio with a High and Fixed Return Opportunity 11.45% MEGHALAYA ENERGY CORPORATION LIMITED 2030 ✔️ Coupon: 11.45% ✔️ Rating: BRICKWORK (BWR) A-(CE) Stable, Acuite (SMERA) A-(CE) Stable ✔️ Tenor: 4y 3m (Maturity: 13/Feb/2030) Senior Secured Bond | PSU Bond | High Return Bond | Listed Secure a strong, stable investment backed by a PSU and enjoy predictable returns. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dXhXdlpnPT0=/1145-meghalaya-energy-corporation-limited-2030?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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76 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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89 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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127 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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