Franklin India Corporate Debt Fund Regular Growth
DebtCorporate BondLow to Moderate Risk
Regular
NAV (05-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹789 Cr
Expense Ratio
0.78%
ISIN
INF090I01DG6
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Jun 1997
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹92.04, Assets Under Management (AUM) of 788.92 Crores, and an expense ratio of 0.78%.
- Franklin India Corporate Debt Fund Regular Growth has given a CAGR return of 8.50% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 96.48% in debts, and 3.26% in cash & cash equivalents.
- You can start investing in Franklin India Corporate Debt Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹10000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.11%
+7.27% (Cat Avg.)
3 Years
+5.17%
+5.36% (Cat Avg.)
5 Years
+5.97%
+6.12% (Cat Avg.)
10 Years
+7.44%
+6.51% (Cat Avg.)
Since Inception
+8.50%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹761.16 Cr | 96.48% |
| Others | ₹27.76 Cr | 3.52% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹77.45 Cr | 9.82% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹51.94 Cr | 6.58% |
| Pipeline Infrastructure Ltd. 7.96% | Bond - Corporate Bond | ₹51.12 Cr | 6.48% |
| National Housing Bank | Bond - Corporate Bond | ₹50.4 Cr | 6.39% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹50.23 Cr | 6.37% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹50.18 Cr | 6.36% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹30.58 Cr | 3.88% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹26.87 Cr | 3.41% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹26.66 Cr | 3.38% |
| Mahindra & Mahindra Financial Services Ltd. 8.25% | Bond - Corporate Bond | ₹26.19 Cr | 3.32% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹26.01 Cr | 3.30% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.92 Cr | 3.29% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.9 Cr | 3.28% |
| HDB Financial Services 8.04% | Bond - Corporate Bond | ₹25.85 Cr | 3.28% |
| Small Industries Development Bank of India 7.68% | Bond - Corporate Bond | ₹25.8 Cr | 3.27% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹25.72 Cr | 3.26% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹25.49 Cr | 3.23% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.4 Cr | 3.22% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.04 Cr | 3.17% |
| Call, Cash & Other Assets | Cash - Collateral | ₹23.87 Cr | 3.03% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹21.26 Cr | 2.69% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.7 Cr | 2.62% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹15.63 Cr | 1.98% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹15.28 Cr | 1.94% |
| Kotak Mahindra Investments Limited 8.3774% | Bond - Corporate Bond | ₹10.19 Cr | 1.29% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹5.33 Cr | 0.68% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹2.02 Cr | 0.26% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹1.87 Cr | 0.24% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹654.66 Cr | 82.98% |
| Bond - Gov't/Treasury | ₹108.37 Cr | 13.74% |
| Cash - Collateral | ₹23.87 Cr | 3.03% |
| Mutual Fund - Open End | ₹2.02 Cr | 0.26% |
Risk & Performance Ratios
Standard Deviation
This fund
1.00%
Cat. avg.
1.47%
Lower the better
Sharpe Ratio
This fund
-0.83
Cat. avg.
-0.43
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.44
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th August 2024
ISIN | INF090I01DG6 | Expense Ratio | 0.78% | Exit Load | No Charges | Fund Size | ₹789 Cr | Age | 23 Jun 1997 | Lumpsum Minimum | ₹10,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Corporate Bond TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Corporate Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| TrustMF Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹64.22 Cr | 7.2% |
| TrustMF Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹64.22 Cr | 7.7% |
| Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹167.24 Cr | 7.8% |
| Bandhan Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13607.68 Cr | 7.7% |
| Bandhan Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹13607.68 Cr | 7.3% |
| HDFC Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹29865.08 Cr | 8.0% |
| Sundaram Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹710.16 Cr | 7.7% |
| Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹788.92 Cr | 7.1% |
| Nippon India Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹3436.89 Cr | 7.9% |
| Union Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 1.0% | ₹349.94 Cr | 7.6% |
About the AMC
Total AUM
₹1,09,365 Cr
Address
Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013
Other Funds by Franklin Templeton Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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- Rahul Goswami
- Anuj Tagra
- Chandni Gupta
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