Franklin India Corporate Debt Fund Direct Growth
DebtCorporate BondLow to Moderate Risk
Direct
NAV (17-May-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹730 Cr
Expense Ratio
0.26%
ISIN
INF090I01FW8
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 17-May-24, it has a Net Asset Value (NAV) of ₹96.76, Assets Under Management (AUM) of 729.87 Crores, and an expense ratio of 0.26%.
- Franklin India Corporate Debt Fund Direct Growth has given a CAGR return of 8.34% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 91.97% in debts, and 7.77% 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
+6.92%
+5.75% (Cat Avg.)
3 Years
+5.47%
+4.63% (Cat Avg.)
5 Years
+6.89%
+5.93% (Cat Avg.)
10 Years
+8.19%
+6.40% (Cat Avg.)
Since Inception
+8.34%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Debt | ₹671.25 Cr | 91.97% |
| Others | ₹58.61 Cr | 8.03% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Call, Cash & Other Assets | Cash - Collateral | ₹56.68 Cr | 7.77% |
| ICICI Home Finance Company Limited 8.1% | Bond - Corporate Bond | ₹50.66 Cr | 6.94% |
| Pipeline Infrastructure Ltd. 7.96% | Bond - Corporate Bond | ₹50.65 Cr | 6.94% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹50.57 Cr | 6.93% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹49.05 Cr | 6.72% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹46.73 Cr | 6.40% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹45.36 Cr | 6.22% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹27.1 Cr | 3.71% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹26.63 Cr | 3.65% |
| National Housing Bank | Bond - Corporate Bond | ₹26.41 Cr | 3.62% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.29 Cr | 3.60% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹25.75 Cr | 3.53% |
| Mahindra & Mahindra Financial Services Ltd. 8.25% | Bond - Corporate Bond | ₹25.56 Cr | 3.50% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.49 Cr | 3.49% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.29 Cr | 3.47% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.25 Cr | 3.46% |
| Small Industries Development Bank of India 7.68% | Bond - Corporate Bond | ₹25.13 Cr | 3.44% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹25.08 Cr | 3.44% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹24.76 Cr | 3.39% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.23 Cr | 2.77% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹15.03 Cr | 2.06% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹10.6 Cr | 1.45% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹10.36 Cr | 1.42% |
| Kotak Mahindra Investments Limited 8.3774% | Bond - Corporate Bond | ₹10.15 Cr | 1.39% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹1.93 Cr | 0.27% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹1.83 Cr | 0.25% |
| Kerala (Government of) 7.54% | Bond - Sub-sovereign Government Debt | ₹1.28 Cr | 0.18% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹624.61 Cr | 85.58% |
| Cash - Collateral | ₹56.68 Cr | 7.77% |
| Bond - Gov't/Treasury | ₹45.36 Cr | 6.22% |
| Mutual Fund - Open End | ₹1.93 Cr | 0.27% |
| Bond - Sub-sovereign Government Debt | ₹1.28 Cr | 0.18% |
Risk & Performance Ratios
Standard Deviation
This fund
0.98%
Cat. avg.
1.60%
Lower the better
Sharpe Ratio
This fund
-0.16
Cat. avg.
-0.50
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.53
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF090I01FW8 | Expense Ratio | 0.26% | Exit Load | No Charges | Fund Size | ₹730 Cr | Age | 01 Jan 2013 | 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
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 Low to Moderate Risk | 0.7% | 0.0% | ₹68.46 Cr | 6.3% |
| TrustMF Corporate Bond Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹68.46 Cr | 6.7% |
| Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹147.75 Cr | 6.2% |
| Bandhan Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13721.82 Cr | 7.0% |
| Bandhan Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹13721.82 Cr | 6.7% |
| HDFC Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹28968.10 Cr | 7.2% |
| Sundaram Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹759.68 Cr | 6.5% |
| Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹729.87 Cr | 6.4% |
| Nippon India Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹2892.76 Cr | 7.0% |
| Union Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 1.0% | ₹411.46 Cr | 6.4% |
About the AMC
Total AUM
₹91,403 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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