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

NAVs of 6 Nov 2026

Franklin Templeton Mutual Fund · Debt fund · Direct plan · Growth

Banking & PSUDirect · GrowthRisk: Low to Moderate

NAV · 5 Nov 2026

₹25.3962 ▲ 0.06%

Franklin Templeton Mutual Fund

Fund size₹577 crJuly - September 2026

1-month range₹25.27 – 25.40

1 year+5.44%rank 2 of 18

Expense ratio0.23%direct plan, a year

5 years+6.48%a year

What the fund does

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.

BenchmarkNifty Banking & PSU Debt Index A-II

Fund houseFranklin Templeton Mutual Fund

Fund managersChandni GuptaAnuj TagraSandeep Manam (dedicated for making investments for Foreign Securities)

NAV history

Returns

1 week

+0.34%avg 0.6%

1 month

+0.18%avg 0.3%

3 months

+0.90%avg 0.5%

6 months

+2.86%avg 2.6%

This year

+4.63%avg 3.9%

1 year

+5.44%avg 4.5% · #2/18

3 years (a year)

+7.39%avg 7.1% · #2/17

5 years (a year)

+6.48%avg 6.4% · #3/15

Bars: this plan; the thin mark is the Banking & PSU average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.5
2025	+0.6	+0.5	+1.1	+1.4	+1.1	+0.1	+0.6	+0.1	+0.7	+0.8	+0.6	+0.4
2026	+0.2	+0.7	-0.1	+0.9	+0.2	+1.2	+0.5	+0.4	+0.2	+0.0	+0.3

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Holdings3637 lines in all

Top 10 holdings46.3%of the fund

Debt50.6%bonds, government securities

Money market43.2%CDs, CPs, treasury bills

Where the money is

Equity 0.4%Debt 50.6%Money market 43.2%Cash & others 5.8%

Credit quality (debt and money market)

A1+

43.2%

AAA

34.4%

Sovereign

12.9%

3.4%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Debt	50.6%	55.3%	-4.68
Money market	43.2%	42.9%	+0.30
Cash & others	5.8%	1.5%	+4.38

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 2

Holding	Sector / type	% of fund
Corporate Debt Market Development Fund Class A2 INF0RQ622028	Alternative Investment Fund Units	0.37%
Margin on IRS	–	0.00%

Bonds, money market and cash 35

Holding	Sector / type	% of fund
Call, Cash & Other Assets	–	5.83%
7.56% India Infrastructure Finance Co Ltd (20-Mar-2028) ** INE787H08188	IND AAA	5.55%
7.66% Maharashtra SDL (04-Mar-2047) IN2220250509	SOVEREIGN	5.37%
7.65% Axis Bank Ltd (30-Jan-2027) ** INE238A08468	ICRA AAA	4.65%
Mahindra & Mahindra Financial Services Ltd (3M Tbill + 210bps) (18-May-2029) ** $ INE774D07VP7	CRISIL AAA	4.54%
7.70% National Bank For Agriculture & Rural Development (30-Sep-2027) INE261F08EI9	IND AAA	4.42%
HDFC Bank Ltd (19-Nov-2026) ** INE040A16HY1	CARE A1+	4.38%
Indian Bank (04-Dec-2026) INE562A16QM0	CRISIL A1+	4.37%
Bank of Baroda (06-Jan-2027) ** INE028A16KX2	IND A1+	4.34%
Kotak Mahindra Bank Ltd (08-Jan-2027) ** INE237AD6117	CRISIL A1+	4.34%
ICICI Bank Ltd (27-Jan-2027) ** INE090AD6279	ICRA A1+	4.33%
Punjab National Bank (10-Feb-2027) INE160A16UI3	CARE A1+	4.32%
Small Industries Development Bank of India (11-Jun-2027) INE556F16CE8	CARE A1+	4.20%
7.38% REC Ltd (28-Feb-2029) INE020B08GD4	ICRA AAA	4.20%
0.00% REC Ltd (03-Nov-2034) ** INE020B08FJ3	CRISIL AAA	3.72%
7.38% Power Finance Corporation Ltd (15-Jan-2032) ** INE134E08NM4	ICRA AAA	3.62%
HDFC Bank Ltd (22-Jan-2027) ** INE040A16IK8	CARE A1+	3.46%
National Bank For Agriculture & Rural Development (22-Jan-2027) ** INE261F16AF6	ICRA A1+	3.46%
Union Bank of India (12-Mar-2027) INE692A16LU9	ICRA A1+	3.43%
Canara Bank (29-Jun-2027) ** INE476A16K22	CRISIL A1+	2.52%
0.00% Jubilant Beverages Ltd (31-May-2028) ** INE1D4O08012	CRISIL AA	2.29%
7.68% Small Industries Development Bank Of India (10-Aug-2027) INE556F08KP4	CRISIL AAA	1.84%
7.62% Punjab SDL (28-Jan-2033) IN2820250164	SOVEREIGN	1.78%
7.73% Andhra Pradesh SDL (23-Mar-2032) IN1020220746	SOVEREIGN	1.78%
7.02% Punjab SDL (01-Jul-2030) IN2820260064	SOVEREIGN	1.42%
7.65% Bihar SDL (24-DEC-2033) IN1320250211	SOVEREIGN	1.12%
0.00% Jubilant Bevco Ltd (31-May-2028) INE1D4P08019	CRISIL AA	1.09%
7.78% HDFC Bank Ltd (27-Mar-2027) ** INE040A08567	CRISIL AAA	0.92%
8.15% Tata Capital Ltd (11-Jun-2029) ** INE976I07DF6	CRISIL AAA	0.90%
7.17% Rajasthan SDL (02-Mar-2032) IN2920210514	SOVEREIGN	0.87%
7.64% Uttarakhand SDL (24-DEC-2032) IN3620250065	SOVEREIGN	0.25%
7.32% Chhattisgarh SDL (05-Mar-2037) IN3520240083	SOVEREIGN	0.09%
7.56% Himachal Pradesh SDL (08-Jul-2039) IN1720260042	SOVEREIGN	0.09%
7.32% West Bengal SDL (05-Mar-2038) IN3420240225	SOVEREIGN	0.08%
7.56% Kerala SDL (08-Jul-2039) IN2020260062	SOVEREIGN	0.02%

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From the fund house's monthly portfolio (franklintempletonindia.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility1.1%yearly, from daily NAVs

Worst fall-0.72%31 Mar 2022 → 31 May 2022

RiskometerLow to ModerateLow to Moderate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Where it can invest (limits from the scheme document)

cluding Money Market Instruments issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds

80–100%

oney Market Instruments issued by other entities; Gilt Securities and State Development Loans (SDLs), Infrastructure Investment Trust (InvIT)

0–20%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹577 cr across all plans · this plan ₹284 cr
Fund house	Franklin Templeton Mutual Fund
Category	Debt · Banking & PSU
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 0.23% · Regular 0.49% (5 Nov 2026)
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	129008
ISIN	INF090I01KR8
NAV date	5 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · IDCW	₹11.4920	-0.81%
Regular · Growth	₹24.2138	+5.14%
Regular · IDCW	₹10.8709	-0.79%

Top Banking & PSU funds (direct plans)

Fund	1 year	3 years (a year)
UTI Banking & PSU Debt Fund	+5.84%	+7.46%
Franklin India Banking & PSU Debt Fund	+5.44%	+7.39%
LIC MF Banking & PSU Debt Fund	+4.66%	+7.26%
Kotak Banking and PSU Debt Fund	+4.80%	+7.25%
ICICI Prudential Banking and PSU Debt Fund	+4.97%	+7.14%
Invesco India Banking and PSU Debt Fund	+4.43%	+7.12%
Edelweiss Banking and PSU Debt Fund	+4.24%	+7.11%
SBI BANKING & PSU DEBT FUND	+4.50%	+7.10%

All Banking & PSU funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of Franklin India Banking & PSU Debt Fund - Direct Plan - Growth today?

₹25.3962 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of Franklin India Banking & PSU Debt Fund - Direct Plan - Growth?

1 year: 5.44%, 3 years: 7.39% a year, 5 years: 6.48% a year

How does Franklin India Banking & PSU Debt Fund rank in its category?

2 of 18 Banking & PSU funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.