Franklin India Corporate Debt Fund Direct Growth

Fund Overview

Fund Size

₹1,109 Cr

Expense Ratio

0.24%

ISIN

INF090I01FW8

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Franklin India Corporate Debt Fund Direct Growth is a Corporate Bond mutual fund schemes offered by Franklin Templeton Mutual Fund. This fund has been in existence for 12 years, 7 months and 16 days, having been launched on 01-Jan-13.
As of 14-Aug-25, it has a Net Asset Value (NAV) of ₹108.99, Assets Under Management (AUM) of 1108.76 Crores, and an expense ratio of 0.24%.

Franklin India Corporate Debt Fund Direct Growth has given a CAGR return of 8.51% since inception.
The fund's asset allocation comprises around 0.00% in equities, 91.88% in debts, and 7.85% in cash & cash equivalents.
You can start investing in Franklin India Corporate Debt Fund Direct 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

+10.37%

+8.38% (Cat Avg.)

3 Years

+8.15%

+7.50% (Cat Avg.)

5 Years

+6.87%

+6.24% (Cat Avg.)

10 Years

+7.91%

+7.56% (Cat Avg.)

Since Inception

+8.51%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2025

Debt	₹1,018.78 Cr	91.88%
Others	₹89.98 Cr	8.12%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Call, Cash & Other Assets	Cash - Collateral	₹86.86 Cr	7.83%
Jubilant Bevco Limited	Bond - Corporate Bond	₹68.32 Cr	6.16%
HDFC Bank Limited	Bond - Corporate Bond	₹61.5 Cr	5.55%
6.9% Govt Stock 2065	Bond - Gov't/Treasury	₹55.33 Cr	4.99%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹52.74 Cr	4.76%
Summit Digitel Infrastructure Limited	Bond - Corporate Bond	₹51.73 Cr	4.67%
Rec Limited	Bond - Corporate Bond	₹51.36 Cr	4.63%
Sikka Ports & Terminals Limited	Bond - Corporate Bond	₹50.98 Cr	4.60%
Embassy Office Parks Reit	Bond - Corporate Bond	₹50.69 Cr	4.57%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹50.51 Cr	4.56%
Rec Limited	Bond - Corporate Bond	₹50.37 Cr	4.54%
Power Finance Corporation Limited	Bond - Corporate Bond	₹47.9 Cr	4.32%
Jubilant Beverages Limited	Bond - Corporate Bond	₹44.1 Cr	3.98%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹31.18 Cr	2.81%
Toyota Financial Services India Limited	Bond - Corporate Bond	₹26.23 Cr	2.37%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹26.19 Cr	2.36%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.98 Cr	2.34%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.96 Cr	2.34%
Hdb Financial Services Limited	Bond - Corporate Bond	₹25.96 Cr	2.34%
National Bank For Financing Infrastructure And Development	Bond - Corporate Bond	₹25.67 Cr	2.32%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.59 Cr	2.31%
Poonawalla Fincorp Limited	Bond - Corporate Bond	₹25.58 Cr	2.31%
Housing And Urban Development Corporation Limited	Bond - Corporate Bond	₹25.42 Cr	2.29%
Bharti Telecom Limited	Bond - Corporate Bond	₹22.98 Cr	2.07%
Bharti Telecom Limited	Bond - Corporate Bond	₹22.1 Cr	1.99%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹21.76 Cr	1.96%
Andhra Pradesh (Government of) 6.84%	Bond - Sub-sovereign Government Debt	₹19.84 Cr	1.79%
7.09% Govt Stock 2054	Bond - Gov't/Treasury	₹15.63 Cr	1.41%
Kotak Mahindra Investments Limited	Bond - Corporate Bond	₹10.31 Cr	0.93%
Sikka Ports & Terminals Limited	Bond - Corporate Bond	₹5.38 Cr	0.49%
Corporate Debt Market Development Fund Class A2	Mutual Fund - Open End	₹2.99 Cr	0.27%
07.32% Chattisgarh Sdl	Bond - Gov't/Treasury	₹0.56 Cr	0.05%
7.32% State Government Securities	Bond - Gov't/Treasury	₹0.52 Cr	0.05%
Rajasthan (Government of ) 7.1%	Bond - Sub-sovereign Government Debt	₹0.43 Cr	0.04%
Margin On Derivatives	Cash - Collateral	₹0.13 Cr	0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹926.47 Cr	83.56%
Cash - Collateral	₹86.99 Cr	7.85%
Bond - Gov't/Treasury	₹72.04 Cr	6.50%
Bond - Sub-sovereign Government Debt	₹20.26 Cr	1.83%
Mutual Fund - Open End	₹2.99 Cr	0.27%

Risk & Performance Ratios

Fund Managers

Rahul Goswami

Since October 2023

Anuj Tagra

Since March 2024

Chandni Gupta

Since March 2024

Additional Scheme Detailsas of 31st July 2025

ISIN

INF090I01FW8

Expense Ratio

0.24%

Exit Load

No Charges

Fund Size

₹1,109 Cr

Age

12 years 7 months

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:

Dividend Taxation:

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
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6325.88 Cr	9.1%
SBI Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹25257.51 Cr	9.2%
ICICI Prudential Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹33573.85 Cr	8.8%
SBI Corporate Bond Fund Regular Growth Moderate Risk	0.8%	0.0%	₹25257.51 Cr	8.7%
Nippon India Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹10013.39 Cr	9.4%
Invesco India Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹7588.19 Cr	9.0%
Canara Robeco Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹115.86 Cr	7.9%
Canara Robeco Corporate Bond Fund Regular Growth Moderate Risk	1.0%	0.0%	₹115.86 Cr	7.2%
Invesco India Corporate Bond Fund Regular Growth Moderate Risk	0.7%	0.0%	₹7588.19 Cr	8.6%
Kotak Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹17810.61 Cr	9.0%
UTI Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹5704.29 Cr	8.6%
UTI Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5704.29 Cr	8.9%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹9402.54 Cr	9.5%
Axis Corporate Debt Fund Regular Growth Moderate Risk	0.9%	0.0%	₹9402.54 Cr	8.8%
HDFC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹35968.16 Cr	8.8%
Aditya BSL Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹28596.86 Cr	8.6%
Baroda BNP Paribas Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹421.59 Cr	9.4%
Sundaram Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹798.01 Cr	8.8%
Franklin India Corporate Debt Fund Direct Growth Moderately High risk	0.2%	0.0%	₹1108.76 Cr	10.4%
Tata Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4209.76 Cr	8.8%
Tata Corporate Bond Fund Regular Growth Moderate Risk	0.9%	0.0%	₹4209.76 Cr	8.2%
PGIM India Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹89.65 Cr	9.1%
Kotak Corporate Bond Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹17810.61 Cr	8.6%
Mirae Asset Corporate Bond Fund Regular Growth Moderate Risk	0.7%	0.0%	₹44.24 Cr	8.3%
Mirae Asset Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹44.24 Cr	8.7%
DSP Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2702.97 Cr	8.6%
DSP Corporate Bond Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹2702.97 Cr	8.4%
ICICI Prudential Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹33573.85 Cr	8.6%
Aditya BSL Corporate Bond Fund Regular Growth Moderate Risk	0.5%	0.0%	₹28596.86 Cr	8.4%
HSBC Corporate Bond Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹6325.88 Cr	8.8%
PGIM India Corporate Bond Fund Regular Growth Moderate Risk	1.0%	0.0%	₹89.65 Cr	8.3%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹465.78 Cr	9.1%
Union Corporate Bond Fund Regular Growth Moderate Risk	0.7%	0.0%	₹465.78 Cr	8.8%
Nippon India Corporate Bond Fund Regular Growth Moderate Risk	0.7%	0.0%	₹10013.39 Cr	9.0%
Franklin India Corporate Debt Fund Regular Growth Moderately High risk	0.8%	0.0%	₹1108.76 Cr	9.7%
Sundaram Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹798.01 Cr	8.5%
HDFC Corporate Bond Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹35968.16 Cr	8.5%
Bandhan Corporate Bond Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹15925.42 Cr	8.4%
Bandhan Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹15925.42 Cr	8.8%
Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹421.59 Cr	9.2%
TrustMF Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹42.00 Cr	8.3%
TrustMF Corporate Bond Fund Regular Growth Moderate Risk	0.7%	0.0%	₹42.00 Cr	7.9%

About the AMC

Franklin Templeton Mutual Fund

+91 22 6751 9100

https://www.franklintempletonindia.com/

Total AUM

₹1,17,882 Cr

Address

Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013

Other Funds by Franklin Templeton Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Franklin India Low Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹374.09 Cr	-
Franklin India Multi-Asset Solution Fund of Funds Direct Growth Moderate Risk	0.3%	1.0%	₹61.73 Cr	15.3%
Franklin India Equity Savings Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹674.03 Cr	6.4%
Franklin India Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹550.98 Cr	6.2%
Franklin India Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹352.17 Cr	9.3%
Franklin India Credit Risk Fund Direct Growth High Risk	-	3.0%	₹104.00 Cr	7.5%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4080.41 Cr	8.2%
Templeton India Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹2237.48 Cr	-3.2%
Templeton India Equity Income Fund Direct Growth Very High Risk	1.2%	1.0%	₹2348.88 Cr	-5.6%
Franklin India Government Securities Direct Growth Low to Moderate Risk	0.6%	0.0%	₹160.22 Cr	6.5%
Franklin India Corporate Debt Fund Direct Growth Moderately High risk	0.2%	0.0%	₹1108.76 Cr	10.4%
Franklin India Pension Plan Direct Growth Moderately High risk	1.5%	3.0%	₹520.28 Cr	5.6%
Franklin India Short Term Income Plan Direct Growth Moderate Risk	-	0.0%	₹12.51 Cr	6.6%
Franklin Asian Equity Fund Direct Growth Very High Risk	1.8%	1.0%	₹270.18 Cr	16.9%
Franklin India Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹7375.63 Cr	3.9%
Franklin Build India Direct Growth Very High Risk	0.9%	1.0%	₹2950.12 Cr	0.9%
Franklin India Bluechip Fund Direct Growth Very High Risk	1.1%	1.0%	₹7772.63 Cr	4.6%
Franklin India Flexi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹18987.94 Cr	2.5%
Franklin India Prima Fund Direct Growth Very High Risk	0.9%	1.0%	₹12540.39 Cr	2.8%
Franklin India Equity Advantage Fund Direct Growth Very High Risk	1.3%	1.0%	₹3578.88 Cr	5.2%
Franklin India Smaller Companies Fund Direct Growth Very High Risk	0.9%	1.0%	₹13824.99 Cr	-6.1%
Franklin India Focused Equity Fund Direct Growth Very High Risk	0.9%	1.0%	₹12421.39 Cr	2.3%
Franklin India Taxshield Fund Direct Growth Very High Risk	1.0%	0.0%	₹6705.56 Cr	1.9%
Franklin India Technology Fund Direct Growth Very High Risk	1.0%	1.0%	₹1887.99 Cr	-2.3%
Franklin India Equity Hybrid Fund Direct Growth Very High Risk	1.0%	1.0%	₹2256.09 Cr	4.4%
Franklin India Dynamic Asset Allo FOF Direct Growth Moderately High risk	0.5%	1.0%	₹1305.18 Cr	5.8%
Franklin India NSE Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹744.21 Cr	3.2%
Franklin India Feeder - Franklin U.S. Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹4223.16 Cr	19.9%
Franklin India Debt Hybrid Fund Direct Growth Moderately High risk	0.8%	0.0%	₹203.54 Cr	7.2%
Franklin India Feeder - Templeton European Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹18.41 Cr	13.1%
Franklin India Short Term Income Plan Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹164.26 Cr	309.1%
Franklin India Income Opportunities Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹45.54 Cr	309.1%
Franklin India Low Duration Fund Segregated Portfolio 2 Direct Growth Moderate Risk	-	0.0%	₹47.42 Cr	308.8%
Franklin India Dynamic Accrual Fund Segregated Portfolio 2 Direct Growth Low Risk	-	0.0%	₹29.52 Cr	309.0%
Franklin India Credit Risk Fund Segregated Portfolio 2 Direct Growth Very High Risk	-	0.0%	₹105.84 Cr	309.1%
Franklin India Debt Hybrid Fund Segregated Portfolio 1 Direct Growth Moderately High risk	0.7%	0.0%	-	-
Franklin India Short Term Income Plan Segregated Portfolio 3 Direct Growth Very High Risk	-	0.0%	-	-
Franklin India Balanced Advantage Fund Direct Growth Very High Risk	0.4%	1.0%	₹2747.69 Cr	6.0%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹538.59 Cr	8.5%

Risk Level

Your principal amount will be at Moderately High risk

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Still got questions?
We're here to help.

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

The NAV of Franklin India Corporate Debt Fund Direct Growth, as of 14-Aug-2025, is ₹108.99.

What are the returns of Franklin India Corporate Debt Fund Direct Growth?

The fund has generated 10.37% over the last 1 year and 8.15% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Franklin India Corporate Debt Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 91.88% in bonds, and 7.85% in cash and cash equivalents.

Who manages the Franklin India Corporate Debt Fund Direct Growth?

The fund managers responsible for Franklin India Corporate Debt Fund Direct Growth are:-

Rahul Goswami
Anuj Tagra
Chandni Gupta

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹1,109 Cr

Expense Ratio

0.24%

ISIN

INF090I01FW8

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Moderately High risk