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Home Mutual FundsDebtCorporate Bond FundFranklin India Corporate Debt Fund

Franklin India Corporate Debt Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Corporate Bond Fund category.

The NAV for Franklin India Corporate Debt Fund Fund is 94.198 as of 23 Dec 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 5.76% annualized return for the last 3 years.

At present Franklin India Corporate Debt Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of   ₹    for

Below table shows comparison of Franklin India Corporate Debt Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of ₹36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

39,924

3,924

6.82%
Bank FD

39,824

3,824

 6.5%
Gold

40,770

4,770

 8.00%

Fund Information

  • 738.65 Cr.

  • Franklin India Corporate Debt Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.79%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Franklin India Corporate Debt Fund is an Debt oriented mutual fund in the - Corporate Bond Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for Franklin India Corporate Debt Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 23 Jun 1997 as at present it is 28 years old fund.

  • Name of the AMC is Franklin Templeton Mutual Fund. Click here to know more about Franklin Templeton Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Franklin India Corporate Debt Fund managed by following fund manager(s);

How does the Return Comparison of the Franklin India Corporate Debt Fund fare against peer funds in the Corporate Bond fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Franklin India Corporate Debt Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Corporate Bond fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.43% 1.09% 5.85% 5.85% 7.70% 5.49% 5.70% 7.68% 8.25%
Category Average 0.33% 0.87% 4.70% 4.80% 6.53% 4.46% 4.87% 6.98% 7.78%
Franklin India Corporate Debt Fund 0.03% 0.54% 1.85% 4.09% 7.68% 7.10% 5.76% 6.02% 7.20%
ICICI Prudential Corporate Bond Fund 0.07% 0.59% 1.82% 3.99% 8.08% 7.77% 6.63% 6.89% 7.57%
Aditya Birla Sun Life Corporate Bond Fund -0.02% 0.69% 1.67% 4.26% 8.59% 7.87% 6.60% 7.10% 7.78%
Sundaram Corporate Bond Fund -0.02% 0.58% 1.47% 4.11% 7.98% 7.10% 5.93% 6.41% 7.41%
Axis Corporate Debt Fund 0.01% 0.69% 1.64% 4.09% 8.09% 7.38% 6.14% 6.69% -
Kotak Corporate Bond Fund -0.02% 0.58% 1.60% 4.14% 8.29% 7.53% 6.20% 6.39% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Franklin India Corporate Debt Fund are shown below;

Equity -

Debt 95.64%

Others 4.36%

Top Holdings

Name of the InstrumentHolding Percentage
EXPORT IMPORT BANK OF INDIA SR V 01 6.35 BD 18FB25 FVRS10LAC 9.21%
NUCLEAR POWER CORPORATION OF INDIA LIMITED SR XXXVIII 7.70 BD 20MR38 FVRS1LAC 7.25%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.11 BD 27FB26 FVRS10LAC 6.90%
HDFC BANK LIMITED SR W006 7.50 NCD 08JN25 FVRS10LAC 6.76%
NATIONAL HOUSING BANK 6.88 BD 21JN25 FVRS10LAC LOAUPTO09FB20 6.73%
Others 63.15%
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Allocation by Instruments

Type of the InstrumentHolding Percentage
BOND 54.19%
DEBENTURE 23.41%
GOVERNMENT SECURITIES 6.31%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Low to Moderate risk