Franklin India Gilt Fund NAV Edges Up, Expense Ratio Higher
Franklin India Gilt Fund NAV and expense ratio metrics.
Key Highlights
Franklin India Gilt Fund’s NAV saw a minor 0.03% rise to 61.65 on Aug 24, 2026. However, its 1.22% expense ratio surpasses the category average of 0.93%.
The Franklin India Gilt Fund – Regular Plan recorded a slight increase in its (NAV), rising 0.03% to 61.65 as of August 24, 2026. This debt-gilt category mutual fund, managed by Franklin India, continues to be a notable entity in its segment.
Key Fund Metrics
- NAV (August 24, 2026): 61.65
- Daily Change: 0.03%
- : 1.22% (Category Average: 0.93%)
- Fund Size: Rs. 148.78 Crore (0.28% of category)
A key financial consideration for investors is the fund’s expense ratio, which currently stands at 1.22%. This figure is notably higher than the category average of 0.93%, suggesting that the fund carries a comparatively elevated cost structure for its unit holders within the debt-gilt segment.
Recent Performance Snapshot
- Q1 2026: -0.89%
- Q2 2026: 3.52%
- Quarterly returns from 2022 to 2026 showed varied performance.
Historical Performance Extremes
- Best Monthly Return: 11.80% (Nov-Dec 2008)
- Worst Monthly Return: -8.93% (Jan-Feb 2003)
- Best Yearly Performance: 31.39% (May 2002-May 2003)
- Worst Yearly Performance: -6.63% (Sep 2017-Sep 2018)
In summary, the Franklin India Gilt Fund – Regular Plan exhibits a complex profile, marked by a marginal daily NAV increase on August 24, 2026, and an expense ratio exceeding its category average. Analysis of its historical performance further highlights periods of both strong gains and notable drawdowns, underscoring the inherent volatility in gilt funds.