Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment
Debt
Direct
Corporate Bond
NAV: ₹ 14.7 as on 02-06-2023
Fund Performance
About the Fund
Franklin India Corporate Debt Direct Half Yearly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sachin Padwal-Desai, Santosh Kamath, Umesh Sharma. This fund is suitable to keep your money safe.
Key Parameters
- Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment has a NAV of ₹14.7 as on 02-06-2023.
- Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment has ₹766 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
- The fund has an expense ratio 0.2.
Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment Overview
 | 0.21% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹766 Cr |
 | 1 January, 2013 |
 | ₹10000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 42.43% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
97.3%
AA
2.7%
Sector Allocation
Government
38.4%
Cash Equivalent
32.3%
Corporate
29.3%
Top Holdings of Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment as on (31-May-23)
Debt Holdings24
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 17.58% | 0% | |
Food Corporation Of India | 7.91% | 0% | |
Sikka Ports & Terminals Limited | 7.06% | 0% | |
Ntpc Limited | 7.02% | 0% | |
Housing Development Finance Corporation Ltd | 6.67% | 0% |
See all
Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.32% whereas the fund’s underlying benchmark Corporate Bond Index returns stands at 0.25% as on Apr'23
- This fund outperformed Corporate Bond Index by 0.07% in Apr'23
AUM Change
- AUM of the fund stands at 758.8 Cr as of Apr'23
- AUM increased by 9.8 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment Fund Manager
Sachin Padwal-Desai
Fund Manager of Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment, since 4 June 2021
Top funds managed
Santosh Kamath
Fund Manager of Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment, since 23 June 1997
Top funds managed
Umesh Sharma
Fund Manager of Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment, since 4 June 2021
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.05% since inception which is more than its category average return of 5.45%
AUM size ₹766 Cr
This fund has AUM of ₹766 Cr which is less than its category average of ₹ 5506 Cr
Expense Ratio 0.21%
This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 0.58%
Frequently Asked Questions
The current NAV of Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment is ₹14.71 as on 02-Jun-2023.
Existing (Absolute + CAGR) as on 02-Jun-2023.
Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment | Absolute Returns | CAGR Returns |
1 Month Returns | 0.74% | 0.74% |
6 Month Returns | 0.11% | 0.11% |
1 Year Returns | -0.61% | -0.61% |
3 Years Returns | 6.85% | 2.23% |
5 Years Returns | 24.57% | 4.49% |
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0.21% as on May 2023
₹766 Cr as on May 2023
7.38 6/20/2027 12:00:00 Am(17.58%), Food Corporation Of India(7.91%), Sikka Ports & Terminals Limited(7.06%), Ntpc Limited(7.02%), Housing Development Finance Corporation Ltd(6.67%) as on May 2023
Government(38.17%), Corporate(32.44%), Cash Equivalent(29.39%) as on May 2023
Yield to Maturity is 7.31 as on May 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 1.64 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 97.31 |
AA | 2.69 |
Sachin Padwal-Desai, Santosh Kamath, Umesh Sharma are the fund managers of Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment
The Exit load of Franklin India Corporate Debt Fund- Plan A - Direct Half Yearly IDCW Reinvestment is 0%