Franklin India Gilt Fund
- NAV as on 24 Sep 2026
- ₹61.42+0.04%1 day
- Return since launch
- 7.6%
- 52-week range
- ₹58.63 — ₹61.77
- AUM
- ₹147 Cr
Franklin India Gilt Fund is a Gilt debt fund from Franklin Templeton Mutual Fund with ₹147 Cr under management, launched in 2001. Over three years it has returned 5.3% a year, against 5.6% for its category. The expense ratio is 1.22% and the SEBI riskometer reading is Low to Moderate.
Performance
Franklin India Gilt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.6% against +2.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.5% | +1.7 pts | 2.8% | 3.1% |
| 2Y | 4.5% | +1.5 pts | 3.0% | 3.0% |
| 3Y | 5.3% | −0.3 pts | 5.6% | 4.3% |
| 5Y | 5.4% | +0.4 pts | 5.0% | 5.1% |
| 7Y | 5.1% | 0.0 pts | 5.1% | 5.1% |
| 10Y | 5.2% | −0.8 pts | 6.0% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.3% | +0.3 pts | -0.6% | -0.6% |
| 3M | 1.0% | +1.3 pts | -0.3% | -0.2% |
| 6M | 3.1% | +0.1 pts | 3.0% | 3.0% |
| 1Y | 4.6% | +1.8 pts | 2.8% | 2.8% |
| 2Y | 5.0% | +1.5 pts | 3.5% | 3.5% |
| 3Y | 5.9% | +0.3 pts | 5.6% | 5.7% |
| 5Y | 4.9% | −0.1 pts | 5.0% | 4.9% |
| 7Y | 5.1% | −0.5 pts | 5.6% | 5.6% |
| 10Y | 4.9% | −1.1 pts | 6.0% | 6.0% |
Since launch (26 Nov 2001): 7.6%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.5% | +0.5 pts | 5.0% |
| 2024 | 7.3% | −2.3 pts | 9.5% |
| 2023 | 5.5% | −2.0 pts | 7.5% |
| 2022 | 2.5% | −0.6 pts | 3.0% |
| 2021 | 2.1% | −0.7 pts | 2.9% |
| 2020 | 8.5% | −3.4 pts | 11.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.22%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.03%
- Brokerage
- 0.00%
- Transaction charges
- 0.01%
- Statutory levies
- 0.18%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹10,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY All Duration G-Sec Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.08 | 0.28 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.08 | 0.38 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.92 | 3.62 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Franklin India Gilt Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt38.3%
- Other61.7%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 61.70% | ₹90.80 Cr | +137.29% | +85.52% | +150.77% |
| Maharashtra State | Others | 21.07% | ₹31.01 Cr | +19.66% | — | — |
| Andhra Pradesh State | Financial | 10.68% | ₹15.71 Cr | +9.98% | +9.08% | +9.82% |
| Punjab State | Others | 10.30% | ₹15.16 Cr | +9.98% | +8.71% | — |
| company:10198 | Financial | 10.13% | ₹14.91 Cr | +16.33% | — | — |
| Haryana State | Others | 7.04% | ₹10.37 Cr | +6.81% | +5.98% | — |
| Rajasthan State | Others | 3.48% | ₹5.12 Cr | +3.25% | +2.96% | +0.28% |
| Kerala State | Others | 3.46% | ₹5.10 Cr | — | — | — |
| Bihar State | Others | 2.17% | ₹3.20 Cr | +2.10% | +1.83% | — |
| Himachal Pradesh State | Others | 2.03% | ₹2.99 Cr | — | — | — |
| Uttarakhand State | Others | 0.48% | ₹0.70 Cr | +0.46% | +2.77% | — |
| Chhattisgarh State | Others | 0.36% | ₹0.53 Cr | +0.34% | +0.31% | +0.36% |
| West Bengal State | Others | 0.34% | ₹0.50 Cr | +0.32% | +0.29% | +13.65% |
| GOI | Sovereign | 0.00% | ₹0.01 Cr | +6.13% | +53.35% | +0.15% |
| IDFC First Bank Ltd. | Financial | -6.80% | ₹-10.00 Cr | -6.54% | -14.25% | -33.50% |
| Standard Chartered Bank | Financial | -10.19% | ₹-15.00 Cr | -9.80% | — | — |
| ICICI Securities Primary Dealership Ltd. | Financial | -13.59% | ₹-20.00 Cr | -13.07% | — | — |
| DBS Bank India Ltd. | Financial | -16.99% | ₹-25.00 Cr | -16.34% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:10198 | 0.00% | 10.13% | +10.13% |
| GOI | 6.47% | 0.00% | -6.46% |
| Himachal Pradesh State | 3.71% | 2.03% | -1.67% |
| Maharashtra State | 20.84% | 21.07% | +0.23% |
| DBS Bank India Ltd. | -16.80% | -16.99% | -0.19% |
| ICICI Securities Primary Dealership Ltd. | -13.44% | -13.59% | -0.15% |
| Standard Chartered Bank | -10.08% | -10.19% | -0.11% |
| Punjab State | 10.22% | 10.30% | +0.09% |
| IDFC First Bank Ltd. | -6.72% | -6.80% | -0.07% |
| Andhra Pradesh State | 10.62% | 10.68% | +0.06% |
| Haryana State | 6.99% | 7.04% | +0.06% |
| Kerala State | 3.43% | 3.46% | +0.03% |
| Rajasthan State | 3.45% | 3.48% | +0.03% |
| Bihar State | 2.16% | 2.17% | +0.02% |
| Others | 0.03% | 0.03% | 0.00% |
| Uttarakhand State | 0.47% | 0.48% | 0.00% |
| Chhattisgarh State | 0.36% | 0.36% | 0.00% |
| West Bengal State | 0.34% | 0.34% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,606 Cr | 1.00% | 4.7% | 5.6% | 6.2% |
 ICICI Prudential Gilt Fund | ₹7,950 Cr | 1.11% | 3.4% | 5.4% | 6.2% |
 Bandhan Gilt Fund | ₹1,713 Cr | 1.17% | 7.4% | 6.4% | 6.5% |
 UTI Gilt Fund | ₹420 Cr | 0.85% | 4.3% | 5.4% | 5.9% |
 Axis Gilt Fund | ₹341 Cr | 0.86% | 3.8% | 5.3% | 6.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks 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.
Fund managers
- Anuj TagraMr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management StudiesPrior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential AMC, Union Bank of India and Fidelity Investments.
- Rahul GoswamiMr. Goswami is a B. Sc (Mathematics and MBA (Finance)Prior to joining Franklin Templeton Mutual Fund, he has worked with ICICI Prudential AMC , UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.10% absolute | ₹60,000 | ₹61,860 | 3.10% | |
| 1 year4.60% annualised | ₹1,20,000 | ₹1,23,032 | 2.53% | |
| 3 years5.88% annualised | ₹3,60,000 | ₹3,94,580 | 9.61% | |
| 5 years4.87% annualised | ₹6,00,000 | ₹6,80,561 | 13.43% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.