Franklin India Banking & PSU Debt Fund - Growth

Franklin India Banking & PSU Debt Fund - Growth is a scheme launched by Franklin Mutual Fund on April 25, 2014, and falls under the Banking and PSU fund category. It currently manages an AUM of Rs 500.27 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.53% for managing the portfolio.

• Investing Strategy:

  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).

• Performance:

  Franklin India Banking & PSU Debt Fund - Growth trailing returns over different times are 7.93% (1 year), 7.16% (3 year) and 5.92% (5 year). The average annual return of this fund stands at 5.6%.