Franklin India Government Securities Fund

Q: What are the returns of this mutual fund scheme?

The Franklin India Government Securities Fund is a 24 yrs old fund and has delivered average annual returns of 7.73% since inception. Franklin India Government Securities Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 4.93% 5.78% 4.51% 5.72% 7.73%

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹59.0083+0.0% 1 day change	7.73% p.a.	App exclusive #NA View Ranked Funds	₹173 Cr

Historical NAV & returns

NAV: ₹59.0083 as on Dec 04, 2025

This fund Category average

Franklin India Government Securities Fund overview

AUM (Fund size)	₹173 Cr
Exit load	0%
Lock-in Period	Nil
Age	24 yrs since Nov 26, 2001
Benchmark	NIFTY All Duration G-Sec Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	1.2% as on Nov 30, 2025
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Franklin India Government Securities Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Dec 05, 2025

Period	This fund	Category average
1 Month	0.0%	-0.32%
3 Months	2.03%	0.39%
6 Months	-0.35%	-1.74%
1 Year	4.93%	3.39%
2 Years	6.29%	6.79%
3 Years	5.78%	6.43%
4 Years	4.98%	5.3%
5 Years	4.51%	4.8%
7 Years	5.82%	6.6%
10 Years	5.72%	6.95%

Asset allocationas on Oct 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 84.71700439%

Cash & Call Money 15.24005035%

Others 0.04294517%

Top Debt Holdings

Reserve Bank of India 17.35%

GOI 16.99%

Andhra Pradesh State 16.41%

Jammu & Kashmir State 12.24%

Allocation by Instruments

State Development Loan 50.3864797%

Cash Margin 43.44652869%

Treasury Bills 17.34182095%

GOI Securities 16.98870374%

Other Holdings

Others 43.45%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Franklin India Government Securities Fund	0.0%	-0.35%	4.93%	5.78%	4.51%	5.72%
SBI Magnum Gilt Fund	0.18%	-0.92%	4.7%	7.0%	5.72%	7.74%
SBI Magnum Gilt Fund	0.18%	-0.92%	4.7%	7.0%	5.72%	7.74%
SBI Magnum Gilt Fund	0.18%	-0.9%	4.72%	7.01%	5.72%	7.75%
Axis Gilt Fund	-0.05%	-0.82%	4.82%	7.18%	5.37%	7.12%
ICICI Prudential Gilt Fund	0.1%	0.54%	6.39%	7.57%	6.08%	7.87%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Franklin India Government Securities Fund	2.33	0.57	-0.2	-0.2
SBI Magnum Gilt Fund	3.05	0.84	0.26	0.35
SBI Magnum Gilt Fund	3.05	0.84	0.26	0.35
SBI Magnum Gilt Fund	3.05	0.84	0.26	0.36
Axis Gilt Fund	2.99	0.82	0.3	0.45
ICICI Prudential Gilt Fund	1.93	0.49	0.62	0.74

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Franklin India Government Securities Fund	N.A.	173 Cr	24 yrs	1.2%
SBI Magnum Gilt Fund	N.A.	11,055 Cr	22 yrs	0.95%
SBI Magnum Gilt Fund	N.A.	11,055 Cr	25 yrs	0.95%
SBI Magnum Gilt Fund	N.A.	11,055 Cr	22 yrs	0.95%
Axis Gilt Fund	N.A.	576 Cr	13 yrs 11 m	0.82%
ICICI Prudential Gilt Fund	N.A.	9,146 Cr	26 yrs 4 m	1.1%

View all Gilt funds

Key risk & return ratios Compared to other funds in the category

Alpha	-1.42 vs. 1.35 Underperformed at beating benchmark
Sharpe	-0.2 vs. 1.91 Poor risk-adjusted returns
Beta	0.57 vs. 0.42 More sensitive to market's ups & downs
Standard deviation	2.33 vs. 2.63 More stable returns

Compare Franklin India Government Securities Fund in detail with

About this fund

About Franklin India Government Securities Fund

Franklin India Government Securities Fund is a Gilt mutual fund scheme from Franklin Templeton Mutual Fund. This fund has been in existence for 24 yrs, having been launched on 26/11/2001. Franklin India Government Securities Fund has ₹173 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Franklin India Government Securities Fund as of 04/12/2025 is ₹59.01. The fund has an expense ratio of 1.2%, which is higher than what most other Gilt funds charge.

Franklin India Government Securities Fund returns of last 1-year are 4.83%. Since launch, it has delivered 7.67% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Franklin India Government Securities Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is low.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Reserve Bank of India, GOI, Andhra Pradesh State, Jammu & Kashmir State, Uttarakhand State.

...

Fund AUM	173 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

Rahul Goswami

Mr. 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.

Anuj Tagra

Mr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management Studies Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential AMC, Union Bank of India and Fidelity Investments.

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.

Franklin Templeton Mutual Fund details

No. of schemes	34 view all schemes
Total AUM	1,23,581 Cr as on Sep 30, 2025
Address	Unit No.202/203/204, 2nd Floor Dalamal Tower, Plot No. 211 Free Press Journal Marg, Nariman Point Mumbai, 400013
Phone	1800-425-4255 / 60004255

More funds from Franklin Templeton Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Franklin India Floating Rate Fund	N.A.	327 Cr	7.84%	7.8%
Franklin India Banking & PSU Debt Fund	N.A.	499 Cr	7.98%	7.47%
Franklin India Money Market Fund	N.A.	4,440 Cr	7.52%	7.46%
Franklin India Liquid Fund	N.A.	3,236 Cr	6.65%	6.99%
Franklin India Overnight Fund	N.A.	615 Cr	5.88%	6.34%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Franklin India Government Securities Fund?

The current Net Asset Value (NAV) of the Franklin India Government Securities Fund plan is approximately ₹59.0083 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The Franklin India Government Securities Fund is a 24 yrs old fund and has delivered average annual returns of 7.73% since inception.

Franklin India Government Securities Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
4.93%	5.78%	4.51%	5.72%	7.73%

How much does this mutual fund charge as expense ratio?

The Franklin India Government Securities Fund has an expense ratio of 1.2%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Franklin India Government Securities Fund currently has assets under management (AUM) or fund size valued at approximately 173 Cr as on Oct 31, 2025.

To whom does Franklin India Government Securities Fund lend to?

The top 3 debt holdings of Franklin India Government Securities Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	17.35%
GOI	16.99%
Andhra Pradesh State	16.41%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Franklin India Government Securities Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	84.71700439%
Cash & Call Money	15.24005035%
Others	0.04294517%

What is risk level of Franklin India Government Securities Fund?

This is a Gilt fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Franklin India Government Securities Fund?

Redeeming your investments in the Franklin India Government Securities Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Gilt

#NA

Return Outperformance: This fund has generated highest return amongst Gilt funds in the last 1 Year.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.