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 [54.16]

Min Investment

10,000

Fund Size

140.51 Cr

Expense Ratio

1.1%

Exit Load

0%

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

54.16

0.04%

NAV as on 22 Jun 24, 12:00 AM

moderate risk

government bond

gilt

NAV as on 22 Jun 24, 12:00 AM

moderate risk

government bond

gilt

5.49%p.a.

Last 1Y

4.39%p.a.

Last 3Y

4.73%p.a.

Last 5Y

7.78%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 Asst Mgmt(IND)Pvt Ltd. 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 140.51 Cr fund under management as on Jun 2024. 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 5.5% annual returns during the last year. It has delivered 7.8% 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 6 Holdings

7.37% Govt Stock 2028

35.58%

7.18% Govt Stock 2033

25.17%

182 DTB 29082024

17.16%

7.32% Govt Stock 2030

10.65%

India (Republic of)

6.94%

Kerala (Government of) 7.54%

0.92%

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