NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Franklin India Government Securities Fund -Growth for NRI [60.09]

Min Investment

10,000

Fund Size

184.15 Cr

Expense Ratio

1.2%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

60.09

-0.07%

NAV as on 05 Mar 26, 12:00 AM

low to moderate risk

government bond

gilt

NAV as on 05 Mar 26, 12:00 AM

low to moderate risk

government bond

gilt

5.15%p.a.

Last 1Y

6.21%p.a.

Last 3Y

5.23%p.a.

Last 5Y

7.67%p.a.

Since Inception

About Franklin India Government Securities Fund -Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin India Government Securities Fund -Growth scheme from Franklin Templeton Asset Management (India) Private Limited. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Dec 2001, Franklin India Government Securities Fund -Growth is Government Bond fund of its category with 184.15 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.

  • Franklin India Government Securities Fund -Growth delivered 5.2% annual returns during the last year. It has delivered 7.7% average annual returns since the fund was launched.
  • Franklin India Government Securities Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in gilt

Fund Objective

The primary objective of the Scheme is to generate return through investments in sovereign securities issued by the Central Government and / or a State Government and / or any security unconditionally guaranteed by the central Government and / or State Government for repayment of Principal and Interest.

Top 10 Holdings

IDFC First Bank (Pay Fixed - Receive Floating)

-27.15%

Cash/Net Current Assets

5.83%

Cash Margin

46.16%

4.45% Government of India (30/10/2034)

16.47%

GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100

13.42%

GOVERNMENT OF INDIA 35671 091 DAYS TBILL 05JU25 FV RS 100

6.41%

STATE DEVELOPMENT LOAN 35669 WB 05MR38 7.32 FV RS 100

0.28%

STATE DEVELOPMENT LOAN 35647 CHT 05MR37 7.32 FV RS 100

0.29%

7.10% RAJASTHAN SDL 26-MAR-43

0.22%

GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100

51.52%

Fund Managers

  1. Rahul Goswami (Oct 2023 - Present)
  2. Anuj Tagra (Mar 2024 - Present)

Key Information

View Scheme Document

Franklin India Government Securities Fund -Growth SIP Calculator

If invested

5,000

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 Government Securities Fund -Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Franklin India Government Securities 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 Government Securities 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

Frequently Asked Questions