Franklin India Banking & PSU Debt Fund Direct-Growth
Debt: Banking and PSU - Growth (Open ended) Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Banking and PSUBenchmark: Nifty Banking & PSU Debt Index A-II
NAV: ₹25.04-0.05%
07 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Franklin India Banking & PSU Debt Fund Direct-Growth.
Historical Asset Allocation
| Asset | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 |
|---|---|---|---|---|---|---|
| Equity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Debt | 82.66% | 80.02% | 77.70% | 95.36% | 76.69% | 67.92% |
| Others (incl. cash) | 17.34% | 19.98% | 22.30% | 4.64% | 23.31% | 32.08% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
37
Top Holding %
17.34%
Top 5 Holdings %
36.94%
Top 10 Holdings %
58.00%
Modified Duration
1.19 yrs
Avg. Maturity
2.62 yrs
Yield to Maturity
7.50%
AUM
₹584 Cr
Expense Ratio
0.22%
Since Inception
7.81%
Max Drawdown
-0.04%
Sharpe Ratio
1.45
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Maharashtra State | Others | 31,00,000 | 31.95 | 5.47% | 0.14%↑ |
| India Infrastructure Finance Company Ltd. | Construction | 3,000 | 30.96 | 5.30% | 0.08%↑ |
| Axis Bank Ltd. | Financial | 250 | 25.84 | 4.42% | 0.04%↑ |
| National Bank For Agriculture & Rural Development | Financial | 2,500 | 25.69 | 4.40% | - |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 2,500 | 25.34 | 4.34% | 0.03%↑ |
| Canara Bank | Financial | 500 | 24.68 | 4.23% | 0.03%↑ |
| HDFC Bank Ltd. | Financial | 500 | 24.36 | 4.17% | 0.04%↑ |
| Indian Bank | Financial | 500 | 24.3 | 4.16% | - |
| Small Industries Devp. Bank of India Ltd. | Financial | 500 | 24.29 | 4.16% | 0.04%↑ |
| Bank Of Baroda | Financial | 500 | 24.15 | 4.14% | 0.04%↑ |
| Kotak Mahindra Bank Ltd. | Financial | 500 | 24.15 | 4.13% | 0.04%↑ |
| ICICI Bank Ltd. | Financial | 500 | 24.06 | 4.12% | 0.04%↑ |
| REC Ltd. | Financial | 2,341 | 23.7 | 4.06% | - |
| Small Industries Devp. Bank of India Ltd. | Financial | 500 | 23.42 | 4.01% | - |
| REC Ltd. | Financial | 3,700 | 21.18 | 3.63% | 0.05%↑ |
| Power Finance Corporation Ltd. | Financial | 2,000 | 20.64 | 3.53% | 0.10%↑ |
| HDFC Bank Ltd. | Financial | 400 | 19.26 | 3.30% | 0.04%↑ |
| National Bank For Agriculture & Rural Development | Financial | 400 | 19.26 | 3.30% | 0.03%↑ |
| Union Bank of India | Financial | 400 | 19.1 | 3.27% | -1.58%↓ |
| Bajaj Finance Ltd. | Financial | 1,500 | 15.26 | 2.61% | - |
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Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| A1+ | 42.99% | 16.61% |
| AAA | 37.53% | 64.86% |
| Cash & Call Money | 17.33% | 6.52% |
| SOV | 13.96% | 11.51% |
| AA | 3.23% | 0.16% |
| Others | 0.36% | 0.37% |
| AA+ | - | 0.51% |
| AA- | - | 0.06% |
| Term Deposits | - | 0.04% |
| Cash | -15.40% | -0.77% |
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Maharashtra State | State Development Loan | 7.66% | 04/03/2047 | SOV | 5.47% |
| India Infrastructure Finance Company Ltd. | Debenture | 7.56% | 20/03/2028 | IND AAA | 5.30% |
| Axis Bank Ltd. | Non Convertible Debenture | 7.65% | 30/01/2027 | ICRA AAA | 4.42% |
| National Bank For Agriculture & Rural Development | Bonds | 7.44% | 17/07/2029 | ICRA AAA | 4.40% |
| Mahindra & Mahindra Financial Services Ltd. | Debenture | 0.00% | 18/05/2029 | CRISIL AAA | 4.34% |
| Canara Bank | Certificate of Deposit | 0.00% | 15/09/2026 | ICRA A1+ | 4.23% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 19/11/2026 | CARE A1+ | 4.17% |
| Indian Bank | Certificate of Deposit | 0.00% | 04/12/2026 | CRISIL A1+ | 4.16% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 04/12/2026 | CARE A1+ | 4.16% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 06/01/2027 | IND A1+ | 4.14% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 08/01/2027 | CRISIL A1+ | 4.13% |
| ICICI Bank Ltd. | Certificate of Deposit | 0.00% | 27/01/2027 | ICRA A1+ | 4.12% |
| REC Ltd. | Bonds | 7.38% | 28/02/2029 | ICRA AAA | 4.06% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 11/06/2027 | CARE A1+ | 4.01% |
| REC Ltd. | Bonds | 0.00% | 03/11/2034 | CRISIL AAA | 3.63% |
| Power Finance Corporation Ltd. | Bonds | 7.38% | 15/01/2032 | ICRA AAA | 3.53% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 22/01/2027 | ICRA A1+ | 3.30% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 22/01/2027 | CARE A1+ | 3.30% |
| Union Bank of India | Certificate of Deposit | 0.00% | 0 | ICRA A1+ | 3.27% |
| Bajaj Finance Ltd. | Non Convertible Debenture | 7.77% | 17/04/2029 | CRISIL AAA | 2.61% |
| GOI | GOI Securities | 7.71% | 18/05/2066 | SOV | 2.50% |
| Jubilant Beverages Ltd. | Debenture | 0.00% | 31/05/2028 | CRISIL AA | 2.19% |
| Andhra Pradesh State | State Development Loan | 7.73% | 0 | SOV | 1.79% |
| Punjab State | State Development Loan | 7.62% | 28/01/2033 | SOV | 1.78% |
| Small Industries Devp. Bank of India Ltd. | Debenture | 7.68% | 10/08/2027 | CRISIL AAA | 1.75% |
| National Housing Bank | Debenture | 7.59% | 14/07/2027 | CRISIL AAA | 1.73% |
| Bihar State | State Development Loan | 7.65% | 0 | SOV | 1.08% |
| Jubilant Bevco Ltd. | Debenture | 0.00% | 31/05/2028 | CRISIL AA | 1.04% |
| Rajasthan State | State Development Loan | 7.17% | 02/03/2032 | SOV | 0.88% |
| HDFC Bank Ltd. | Non Convertible Debenture | 7.78% | 27/03/2027 | CRISIL AAA | 0.88% |
| Tata Capital Ltd. | Non Convertible Debenture | 8.15% | 11/06/2029 | CRISIL AAA | 0.87% |
| Uttarakhand State | State Development Loan | 7.64% | 0 | SOV | 0.24% |
| West Bengal State | State Development Loan | 7.32% | 05/03/2038 | SOV | 0.09% |
| Chhattisgarh State | State Development Loan | 7.32% | 05/03/2037 | SOV | 0.09% |
| GOI | GOI Securities | 6.90% | 15/04/2065 | SOV | 0.03% |
| IDFC First Bank Ltd. | Interest Rate Swap | 0.00% | 0 | - | -2.57% |
| Standard Chartered Bank | Interest Rate Swap | 0.00% | 0 | - | -3.42% |
| DBS Bank India Ltd. | Interest Rate Swap | 0.00% | 0 | - | -4.28% |
| ICICI Securities Primary Dealership Ltd. | Interest Rate Swap | 0.00% | 0 | - | -5.14% |
Frequently Asked Questions
What are the top holdings of Franklin India Banking & PSU Debt Fund Direct-Growth?
The top holdings of Franklin India Banking & PSU Debt Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does Franklin India Banking & PSU Debt Fund Direct-Growth hold in its portfolio?
Franklin India Banking & PSU Debt Fund Direct-Growth holds 37 securities in its portfolio. The top 5 holdings account for 36.94% of the portfolio and the top 10 for 58.00%.
What is the sector allocation of Franklin India Banking & PSU Debt Fund Direct-Growth?
The sector allocation of Franklin India Banking & PSU Debt Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of Franklin India Banking & PSU Debt Fund Direct-Growth?
As of 30 Jun 2026, Franklin India Banking & PSU Debt Fund Direct-Growth has 0.00% in equity, 82.66% in debt and 17.34% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.50%.
What is the market cap allocation of Franklin India Banking & PSU Debt Fund Direct-Growth?
The market cap distribution of Franklin India Banking & PSU Debt Fund Direct-Growth — Large, Mid and Small Cap — is shown as a chart in the Holdings Analysis section.
Is Franklin India Banking & PSU Debt Fund Direct-Growth a concentrated or diversified fund?
Franklin India Banking & PSU Debt Fund Direct-Growth holds 37 securities, with the top 10 accounting for 58.00% of the portfolio and the top 5 for 36.94%. This is a moderately diversified fund balancing conviction positions with risk spread.
What is the credit quality of Franklin India Banking & PSU Debt Fund Direct-Growth?
The debt holdings of Franklin India Banking & PSU Debt Fund Direct-Growth are rated as follows — A1+: 42.99%, AAA: 37.53%, Cash & Call Money: 17.33%, SOV: 13.96%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.
How often does Franklin India Banking & PSU Debt Fund Direct-Growth change its portfolio?
The portfolio currently holds 37 securities with the top 10 accounting for 58.00% as of 30 Jun 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of Franklin India Banking & PSU Debt Fund Direct-Growth's portfolio?
The portfolio-level PE, PB and debt metrics of Franklin India Banking & PSU Debt Fund Direct-Growth are in the Holdings Analysis section. These help assess whether the portfolio is invested in relatively cheap or expensive securities.
When is the latest portfolio disclosure for Franklin India Banking & PSU Debt Fund Direct-Growth?
The latest portfolio disclosure for Franklin India Banking & PSU Debt Fund Direct-Growth is as of 30 Jun 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.