NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹23.41
0.05%
NAV as on 06 Mar 26, 12:00 AM
moderate risk
banking & psu
debt
NAV as on 06 Mar 26, 12:00 AM
moderate risk
banking & psu
debt
7.59%p.a.
Last 1Y
7.53%p.a.
Last 3Y
6.15%p.a.
Last 5Y
7.43%p.a.
Since Inception
About Franklin India Banking & PSU Debt Fund -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Banking & PSU Debt Fund -Growth scheme from Franklin Templeton Asset Management (India) Private Limited. It is a Banking & PSU mutual fund scheme that predominantly invests in Banking & PSU stocks of companies. Launched on Apr 2014, Franklin India Banking & PSU Debt Fund -Growth is Banking & PSU fund of its category with 480.62 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Banking & PSU funds.
- Franklin India Banking & PSU Debt Fund -Growth delivered 7.6% annual returns during the last year. It has delivered 7.4% average annual returns since the fund was launched.
- Franklin India Banking & PSU Debt Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund 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, Public Sector Undertakings (PSUs) and Municipal bonds. However, there is no assurance or guarantee that the objective of the scheme will be achieved.
Top 10 Holdings
Cash/Net Current Assets
2.95%
Cash Margin
29.13%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23I 7.62 LOA 31JN28 FVRS1LAC
2.87%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC
1.88%
NATIONAL HOUSING BANK 7.22 BD 23JL26 FVRS1LAC
3.27%
Others Class A2 AIF
0.43%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IX 7.68 BD 10AG27 FVRS1LAC
2.23%
NATIONAL HOUSING BANK 7.59 BD 14JL27 FVRS1LAC
2.20%
GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100
4.76%
BHARTI TELECOM LIMITED SR XXI 8.75 NCD 05NV29 FVRS1LAC
4.45%
Fund Managers
- Sandeep Manam (Oct 2021 - Present)
- Anuj Tagra (Mar 2024 - Present)
- Chandni Gupta (Mar 2024 - Present)
Key Information
View Scheme Document
Franklin India Banking & PSU Debt Fund -Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Franklin India Banking & PSU Debt Fund -Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Franklin India Banking & PSU Debt Fund -Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Franklin India Banking & PSU Debt Fund -Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt
moderate risk | debt
0.0%
Bandhan Banking & PSU Debt Fund- Plan- Fortnightly Rnvmt of Inc Dis cum Cptl Wdrl Opt
moderate risk | debt
0.0%
Bandhan Banking & PSU Debt Fund- Plan- Annual Payout of Inc Dis cum Cptl Wdrl Opt
moderate risk | debt
0.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved