Franklin India Corporate Debt Fund Direct-Growth

Q: What are the returns of Franklin India Corporate Debt Fund?

The Franklin India Corporate Debt Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.43% since inception. Franklin India Corporate Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.57% 7.23% 6.99% 7.82% 8.43%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹105.4313+0.07% 1 day change	8.43% p.a.	#NA View Ranked Funds	5

Historical NAV & returns

NAV: ₹105.4313 as on Apr 23, 2025

This fund Category average

Franklin India Corporate Debt Fund overview

VRO rating	5
Expense ratio	0.23% as on Mar 31, 2025
Exit load	0% Exit load of 0.50% if units are redeemed within 6 months.!
AUM (Fund size)	₹759 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	Nifty Corporate Bond Index A-II
Min. investment	This scheme is currently not buyable
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Franklin India Corporate Debt 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%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 59.69469276%

SOV 17.72990243%

AA+ 12.50827538%

AA 5.55963098%

Top Debt Holdings

GOI 10.99%

Sikka Ports and Terminals Ltd. 7.63%

Mankind Pharma Ltd. 6.88%

Summit Digitel Infrastructure Pvt. Ltd. 6.84%

Allocation by Instruments

Debenture 40.402769%

Non Convertible Debenture 17.31520858%

Bonds 13.16275272%

GOI Securities 10.99158078%

Other Holdings

Others 0.28%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Franklin India Corporate Debt Fund	N.A.	₹759 Crs	12 yrs 3 m	0.23%
Nippon India Corporate Bond Fund	N.A.	₹6,738 Crs	12 yrs 3 m	0.36%
PGIM India Corporate Bond Fund	N.A.	₹91 Crs	12 yrs 3 m	0.28%
Kotak Corporate Bond Fund	N.A.	₹14,639 Crs	12 yrs 3 m	0.34%
Sundaram Corporate Bond Fund	N.A.	₹699 Crs	11 yrs 11 m	0.34%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Franklin India Corporate Debt Fund	1.7%	4.93%	9.57%	7.23%	6.99%	7.82%
Nippon India Corporate Bond Fund	2.16%	5.37%	10.5%	8.02%	7.49%	7.86%
PGIM India Corporate Bond Fund	2.0%	5.23%	10.02%	7.46%	7.24%	7.48%
Kotak Corporate Bond Fund	1.95%	5.15%	10.16%	7.61%	7.09%	7.79%
Sundaram Corporate Bond Fund	2.01%	5.1%	10.0%	7.15%	6.88%	7.76%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Franklin India Corporate Debt Fund	1.03	0.53	0.4	0.39
Nippon India Corporate Bond Fund	1.18	0.69	0.9	1.16
PGIM India Corporate Bond Fund	1.04	0.59	0.56	0.78
Kotak Corporate Bond Fund	1.08	0.62	0.67	0.88
Sundaram Corporate Bond Fund	1.04	0.56	0.3	0.4

View all Corporate Bond funds

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

Alpha	0.14 vs. 2.09 Underperformed at beating benchmark
Sharpe	0.4 vs. 2.69 Poor risk-adjusted returns
Beta	0.53 vs. 0.67 Less sensitive to market ups & downs
Standard deviation	1.03 vs. 1.21 More stable returns

Compare Franklin India Corporate Debt Fund in detail with

About this fund

About Franklin India Corporate Debt Fund

Franklin India Corporate Debt Fund Direct-Growth is a Corporate Bond mutual fund scheme from Franklin Templeton Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. Franklin India Corporate Debt Fund Direct-Growth has ₹759 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Franklin India Corporate Debt Fund Direct-Growth as of 23/04/2025 is ₹105.43. The fund has an expense ratio of 0.23%, which is close to what most other Corporate Bond funds charge.

Franklin India Corporate Debt Fund Direct-Growth returns of last 1-year are 9.59%. Since launch, it has delivered 8.43% average annual returns. The fund has doubled the money invested in it every 10 yrs.
Franklin India Corporate Debt Fund Direct-Growth 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 average.
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 GOI, Sikka Ports and Terminals Ltd., Mankind Pharma Ltd., Summit Digitel Infrastructure Pvt. Ltd., Pipeline Infrastructure (India) Pvt. Ltd..

...

Fund AUM	₹759 Crs as on Mar 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.

Chandni Gupta

She holds B.E. degree in IT and CFA degree from CFA Institute, USA. Prior to joining Franklin India Mutual Fund, she has worked with ICICI Prudential Asset Management Company Limited Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.

Investment objective

The Scheme seeks primarily to provide investors Regular income and Capital appreciation.

Franklin Templeton Mutual Fund details

No. of schemes	34 view all schemes
Total AUM	₹1,08,219 Crs as on Mar 31, 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 (in Crs.)	1Y	3Y
Franklin India Floating Rate Fund	N.A.	₹314 Crs	10.24%	8.3%
Franklin India Banking & PSU Debt Fund	N.A.	₹547 Crs	9.34%	7.23%
Franklin India Money Market Fund	N.A.	₹2,547 Crs	8.18%	7.19%
Franklin India Government Securities Fund	N.A.	₹150 Crs	11.14%	7.16%
Franklin India Liquid Fund	N.A.	₹2,002 Crs	7.42%	6.89%
Franklin India Overnight Fund	N.A.	₹421 Crs	6.54%	6.29%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Franklin India Corporate Debt Fund?

The current Net Asset Value (NAV) of the Franklin India Corporate Debt Fund - Direct Growth plan is approximately ₹105.4313 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Franklin India Corporate Debt Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.43% since inception.

Franklin India Corporate Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.57%	7.23%	6.99%	7.82%	8.43%

How much does this mutual fund charge as expense ratio?

The Franklin India Corporate Debt Fund - Direct Growth has an expense ratio of 0.23%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Franklin India Corporate Debt Fund currently has assets under management (AUM) or fund size valued at approximately ₹759 Crs crore as of Mar 31, 2025.

To whom does Franklin India Corporate Debt Fund lend to?

The top 3 debt holdings of Franklin India Corporate Debt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	10.99%
Sikka Ports and Terminals Ltd.	7.63%
Mankind Pharma Ltd.	6.88%

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 Corporate Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	59.69469276%
SOV	17.72990243%
AA+	12.50827538%

What is risk level of Franklin India Corporate Debt Fund?

This is a Corporate Bond 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 do I invest in Franklin India Corporate Debt Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Franklin India Corporate Debt Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Franklin India Corporate Debt Fund is complete.

How can I redeem my investments in Franklin India Corporate Debt Fund?

Redeeming your investments in Franklin India Corporate Debt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Franklin India Corporate Debt Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Corporate Bond

#NA

Return Outperformance: This fund has generated highest return amongst Corporate Bond funds in the last 10 Years.
AUM Growth: This fund has the highest AUM growth in the last 12 months in Corporate Bond category.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Corporate Bond funds.
Exit Load: This fund has no exit load.