Franklin India Corporate Debt Direct Growth

Franklin India Corporate Debt Direct Growth

Debt

Franklin Templeton Mutual Fund

Corporate Bond

Get the latest NAV of Franklin India Corporate Debt Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹115.99

▲0.1%1D

NAV as on 11 Aug 2026

8.36%/per year

Since Inception

Absolute Gain%

▲▼

509 people have invested ₹ 1.8Cr in Franklin India Corporate Debt Fund in the last three months

Franklin India Corporate Debt Fund Performance vs. Corporate Bond Index

Fund returns vs Benchmark returns vs Category Average returns as on (11-Aug-26)

The fund has consistently outperformed the benchmark (Corporate Bond Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.67%
2.06%
3.42%
6.34%
8.15%
6.83%
Corporate Bond Index
0.49%
2.2%
2.89%
4.67%
6.07%
6.22%
Corporate Bond Avg
0.5%
2.17%
3.07%
5.1%
7.11%
6.12%
Best in Corporate Bond
0.67%
2.66%
3.98%
6.45%
8.15%
7%
Worst in Corporate Bond
0.43%
1.81%
3.09%
4.96%
7.01%
6%
Category Rank
1/16
9/14
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Franklin India Corporate Debt Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

1
/15
87% Performance
47% Risk Management
100% Cost

Ranked 1 out of 15 mutual funds in the corporate bond category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Franklin India Corporate Debt Fund
1/15
1,362Cr
0.21%
6.34%
8.15%
0.56
1.26
1.04
2.92
1.00
ICICI Prudential Corporate Bond Fund
2/15
30,030Cr
0.31%
6.45%
7.76%
0.21
1.22
0.91
1.90
0.97
Axis Corporate Bond Fund
3/15
8,060Cr
0.35%
6.1%
7.97%
0.22
1.44
0.90
1.84
0.99
Nippon India Corporate Bond Fund
4/15
9,433Cr
0.31%
5.72%
7.83%
0.03
1.50
0.77
1.46
0.64
See all

Franklin India Corporate Debt Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Franklin India Corporate Debt Fund Asset Allocation

See fund asset allocation details as on (14-Jul-26)

Fund Distribution

as on (14-Jul-26)

AAA
93.1%
AA
6.9%
Cash allocation has gone up from 16.5% to 17.9%
Cash allocation has gone up from 16.5% to 17.9%
Debt allocation has gone down from 83.2% to 81.8%
Debt allocation has gone down from 83.2% to 81.8%

Franklin India Corporate Debt Fund Sector Allocation

See fund sector allocation details as on (14-Jul-26)

Sector Allocation

Corporate
49.8%
Government
40%
Cash Equivalent
10.2%

Top 3 Sectors in June were Financial Services, Corporate & Government

Jun'26

Financial Services

100%

Corporate

66%

Government

21%

May'26

Financial Services

100%

Corporate

70%

Government

19%

Franklin India Corporate Debt Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.21%
Benchmark
NIFTY Corporate Bond TR INR
AUM₹1362 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹10,000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
270%
Risk
Risk meter
pointer
Low to Moderate Risk

About Franklin India Corporate Debt Fund

Franklin India Corporate Debt Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rahul Goswami, Anuj Tagra, Chandni Gupta. This fund is suitable to keep your money safe.

Key Parameters

  1. Franklin India Corporate Debt Fund has ₹1362 Cr worth of assets under management (AUM) as on Jul 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Franklin India Corporate Debt Fund has given a CAGR return of 8.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.34%, 8.15% and 6.83% respectively.

Holdings

Franklin India Corporate Debt Fund has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are Jamnagar Utilities & Power Private Limited, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development, Poonawalla Fincorp Limited, Maharashtra SDL

Taxation

As it is a corporate bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Franklin India Corporate Debt Fund

The investment objective of the Scheme is primarily to provide investors Regular income and Capital appreciation.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 10000.00 and for SIP is INR 500.00. Franklin India Corporate Debt Fund has no lock in period.

Fund Manager

Rahul Goswami

Fund Manager of Franklin India Corporate Debt Fund, since 6 October 2023

Anuj Tagra

Fund Manager of Franklin India Corporate Debt Fund, since 7 March 2024

Chandni Gupta

Fund Manager of Franklin India Corporate Debt Fund, since 7 March 2024

Learn more about Franklin Templeton Mutual Fund
Parameters
Jun'26
May'26
Apr'26
AUM
₹ 1.3K Cr
₹ 1.3K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.3K Cr as of Jun'26
  • AUM has remained same between Jun'26 and May'26

Frequently Asked Questions for Franklin India Corporate Debt Direct Growth

How do I invest in Franklin India Corporate Debt Fund?

INDmoney makes it simple to invest in the Franklin India Corporate Debt Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Franklin India Corporate Debt Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

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

The NAV of the fund today is ₹115.99. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Franklin India Corporate Debt Fund fund has generated a return of 6.34% in 1 year, 8.15% in 3 years, 6.83% in 5 years.

Who is the fund manager of Franklin India Corporate Debt Fund?

The fund managers are Rahul Goswami, Anuj Tagra, Chandni Gupta.

What is the expense ratio of the fund?

The expense ratio is 0.21%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1362 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Franklin India Corporate Debt Fund?

The top 3 holdings of the fund are Jamnagar Utilities & Power Private Limited(6.02%), Small Industries Development Bank Of India(5.91%), National Bank For Agriculture And Rural Development(5.73%)