Franklin India Banking & PSU Debt Fund
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).
Growthvine rating: 4/5 — ranked #4 of 22 in category.
Fund basics
| Category | Debt: Banking and PSU |
|---|---|
| NAV | ₹24.16 (as of 2026-10-01) |
| AUM | ₹567 Cr |
| Expense ratio | 0.41% |
| Riskometer | Low to Moderate |
| Fund manager | Anuj Tagra |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.11% |
|---|---|
| Sharpe ratio | 1.22 |
| Standard deviation | 1.06% |
| Max drawdown | −3.65% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 98.0% of NIFTY Banking & PSU Debt Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.2% | Q1 (Top) | #2 of 21 |
| 2025 | 7.9% | Q1 (Top) | #1 of 21 |
| 2024 | 7.7% | Q3 | #14 of 22 |
| 2023 | 6.8% | Q1 (Top) | #4 of 21 |
| 2022 | 3.3% | Q2 | #9 of 19 |