Should I invest in Franklin India Government Securities Fund - Direct?

We don't give personal investment advice. Franklin India Government Securities Fund - Direct - Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.2%. 5-year CAGR: 5.29%.

Franklin India

Franklin India Government Securities Fund - Direct - Growth

Latest NAV

₹66.2016

As of

3 Jun 2026

3,237 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.02%	+0.07%	-0.05	21 / 28	Q3
1W	+0.07%	+0.11%	-0.04	22 / 28	Q4
2W	-0.16%	+0.47%	-0.63	28 / 28	Q4
1M	-0.01%	+0.06%	-0.08	19 / 28	Q3
3M	+0.09%	-0.31%	+0.41	7 / 28	Q1
6M	+2.16%	+0.69%	+1.47	3 / 28	Q1
YTD	+1.17%	+0.17%	+1.00	5 / 28	Q1
1Y	+2.05%	-0.15%	+2.20	6 / 28	Q1
2Y	+6.07%	+5.18%	+0.89	6 / 26	Q1
3Y	+6.00%	+6.21%	-0.21	12 / 26	Q2
4Y	+6.22%	+6.93%	-0.71	21 / 23	Q4
5Y	+5.29%	+5.79%	-0.50	21 / 23	Q4
7Y	+5.54%	+6.63%	-1.09	20 / 20	Q4
10Y	+6.10%	+7.31%	-1.20	19 / 19	Q4
Inception	+6.96%	+7.03%	-0.07	21 / 28	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.17%	+0.07%	+1.10	4 / 25
2025	+6.05%	+4.92%	+1.12	3 / 24
2024	+7.99%	+9.80%	-1.82	23 / 23
2023	+5.95%	+7.39%	-1.44	23 / 23
2022	+2.93%	+3.07%	-0.14	14 / 20
2021	+2.57%	+3.02%	-0.45	15 / 20
2020	+8.90%	+11.78%	-2.87	19 / 20
2019	+8.90%	+11.76%	-2.86	20 / 20
2018	+5.19%	+6.33%	-1.14	20 / 23
2017	-0.64%	+2.44%	-3.08	23 / 23
2016	+16.64%	+16.47%	+0.16	13 / 21

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+7.37%

152 windows

min -5.5% · max 24.7%

93% positive

3-Year rolling

+7.12%

128 windows

min 3.5% · max 16.3%

100% positive

5-Year rolling

+6.71%

103 windows

min 4.4% · max 10.2%

100% positive

7-Year rolling

+6.90%

79 windows

min 4.7% · max 9.7%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

3.14%

3-year · annualised

Sharpe ratio

-0.19

vs risk-free 6.5%

Sortino ratio

-0.32

Downside-only deviation

Max drawdown

-3.16%

May 2025 → Aug 2025

% positive months

86.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Gilt Fund

Scheme	Fund house	NAV	As of
HDFC Gilt Fund - Growth Option - Direct Plan	HDFC	₹58.9314	3 Jun 2026
Nippon India Gilt Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹43.1241	3 Jun 2026
SBI GILT FUND - DIRECT PLAN - GROWTH	SBI	₹71.2927	3 Jun 2026
ICICI Prudential Gilt Fund - Direct Plan - Growth	ICICI Prudential	₹113.6082	3 Jun 2026
Invesco India Gilt Fund - Direct Plan - Growth	Invesco	₹3,136.7839	3 Jun 2026
Bandhan Gilt Fund - Direct Plan - Growth	Bandhan	₹39.4902	3 Jun 2026
quant Gilt Fund - Growth Option - Direct Plan	Quant	₹12.2761	3 Jun 2026
Aditya Birla Sun Life Government Securities Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹86.1209	3 Jun 2026
Kotak Gilt-Investment Provident Fund and Trust-Growth - Direct	Kotak	₹111.0559	3 Jun 2026
Edelweiss Government Securities Fund - Direct Plan - Growth Option	Edelweiss	₹26.0662	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹66.2016
2 Jun 2026	₹66.1894
1 Jun 2026	₹66.2451
29 May 2026	₹66.2192
27 May 2026	₹66.1566
26 May 2026	₹66.2767
25 May 2026	₹66.2463
22 May 2026	₹66.2584
21 May 2026	₹66.2548
20 May 2026	₹66.3085

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Franklin India Government Securities Fund - Direct - Growth is ₹66.2016. It's a Gilt Fund from Franklin India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Franklin India Government Securities Fund - Direct - Growth has NAV history starting from 01 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Franklin India Government Securities Fund - Direct - Growth is managed by Franklin India. It's classified by AMFI under the 'Gilt Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Franklin India Government Securities Fund - Direct - Growth has delivered a absolute return of 2.05% — +2.2 pp ahead of the Gilt Fund category average of -0.15%. The fund ranks #6 of 28 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Franklin India Government Securities Fund - Direct - Growth has delivered a CAGR of 6.00% — -0.21 pp behind the Gilt Fund category average of 6.21%. The fund ranks #12 of 26 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Franklin India Government Securities Fund - Direct - Growth has delivered a CAGR of 5.29% — -0.5 pp behind the Gilt Fund category average of 5.79%. The fund ranks #21 of 23 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Franklin India Government Securities Fund - Direct - Growth exactly 10 years ago would be worth approximately ₹180,850 today — a multiplier of 1.81×, based on the 10-year CAGR of 6.10%. The category average over the same window would have grown ₹1 lakh to ₹202,416.

A ₹10,000 monthly SIP in Franklin India Government Securities Fund - Direct - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹692,962 today. That's an XIRR (money-weighted annualised return) of 5.70%.

A ₹10,000 monthly SIP for 10 years in Franklin India Government Securities Fund - Direct - Growth = ₹1,200,000 invested. It would currently be worth ₹1,603,023 (multiplier 1.34×). XIRR: 5.65%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Franklin India Government Securities Fund - Direct - Growth ranks #21 out of 23 funds in the Gilt Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 5.79%; this fund delivered 5.29%.

The worst peak-to-trough decline Franklin India Government Securities Fund - Direct - Growth has experienced over the last 5-year window is 3.16% — its NAV fell from a high on 28 May 2025 to a low on 26 Aug 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Franklin India Government Securities Fund - Direct - Growth averaged 6.71% (best 10.20%, worst 4.44%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.47 — negative risk-adjusted performance.

In calendar year 2025, Franklin India Government Securities Fund - Direct - Growth returned 6.05% — beating the Gilt Fund category average of 4.92% by 1.12 pp. It ranked #3 of 24 in its category that year.

Franklin India Government Securities Fund - Direct - Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Franklin India Government Securities Fund - Direct - Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.2%. 5-year CAGR: 5.29%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Franklin India Government Securities Fund - Direct - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Gilt Fund

Recent NAVs

Frequently asked questions

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