HealthyDirect · GrowthFit for a long SIP
Franklin India Gilt Fund
Franklin Templeton Mutual FundIncome/Debt Oriented Schemes - Gilt Fund13.8 years
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.
- NAV
- 67.3356
- 29 Oct 2026
- 1Y
- +3.8%
- Trailing CAGR
- AUM
- ₹147.16 Cr
- 31 Aug 2026
- Volatility
- Low
- 4.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.64% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -12.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
18% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Anuj Tagra · 2.7 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 141.5% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+3.8%
- 3Y+6.2%
- 5Y+5.3%
- 10Y+5.4%
- SI+6.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.2%
- 3Y+5.0%
- 5Y+5.5%
- 10Y+5.5%
- Since inception
- +6.9%
- Calendar-day CAGR
- Excess 1Y
- +2.6%
- Category median, same plan and option
- 3Y win rate
- +18%
- Windows beating the median
- 3Y percentile
- 70
- Vs comparable share classes
- SIP 3Y XIRR
- +5.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.1%
- 2619 daily-ending windows
- Median rolling 3Y
- +6.5%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2137 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -12.7%
- Worst peak-to-trough
- Current
- -1.1%
- Below last peak
- Current spell
- 71 days
- Days below latest peak
- Time below peak
- +77%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 249 recovered episodes
- Longest recovery
- 636 days
- Trough to prior peak
27 May 2013 – 4 Jun 2014
Trough 19 Aug 2013 · recovered in 289 days
-12.7%
24 Nov 2016 – 6 Dec 2018
Trough 10 Mar 2017 · recovered in 636 days
-7.0%
28 May 2025 – 20 Nov 2025
Trough 26 Aug 2025 · recovered in 86 days
-3.2%
21 Oct 2015 – 15 Mar 2016
Trough 25 Feb 2016 · recovered in 19 days
-3.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
70
Vs category
66
Consistency
30
Risk-adjusted
38
Drawdown
68
Mean
54
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
31 Aug 2026 · 17 holdings · top 10 are 141.5%.
- Top 5
- 107.1%
- Top 10
- 141.5%
- Largest holding
- 47.6%
- Effective holdings
- 2.9
Net Current Assets
Unspecified
47.6%
STATE DEVELOPMENT LOAN 37162 MH 04MR47 7.66 FV RS 100
Unspecified
21.1%
Cash/Net Current Assets
Unspecified
14.1%
7.02% Punjab SDL (01-Jul-2030)
Unspecified
13.7%
7.73% Andhra Pradesh State Government Securities
Financial
10.7%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Gilt Fund
Axis Mutual Fund
- 1Y
- +2.8%
- 3Y
- +6.9%
- Vol
- 4.1%
- Max DD
- -11.1%
- Sharpe
- 0.37
- 3Y win
- +61%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
BARODA BNP PARIBAS GILT FUND
Baroda BNP Paribas Mutual Fund
- 1Y
- +1.8%
- 3Y
- +6.5%
- Vol
- 3.6%
- Max DD
- -6.7%
- Sharpe
- 0.42
- 3Y win
- +32%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
UTI - Gilt Fund
UTI Mutual Fund
- 1Y
- +3.1%
- 3Y
- +6.3%
- Vol
- 3.8%
- Max DD
- -8.1%
- Sharpe
- 0.52
- 3Y win
- +66%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Aditya Birla Sun Life Gilt Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +0.5%
- 3Y
- +5.4%
- Vol
- 4.3%
- Max DD
- -10.8%
- Sharpe
- 0.51
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Canara Robeco Gilt Fund
Canara Robeco Mutual Fund
- 1Y
- +1.6%
- 3Y
- +5.8%
- Vol
- 3.9%
- Max DD
- -7.8%
- Sharpe
- 0.44
- 3Y win
- +38%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns