Franklin India Credit Risk Fund Direct Growth

Debt
Direct
Other Bond
Franklin India Credit Risk Fund Direct Growth

About the Fund

Franklin India Credit Risk Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Santosh Kamath, Kunal Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. Franklin India Credit Risk Fund Direct Growth has ₹104 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.

Returns

Franklin India Credit Risk Fund Direct Growth has given a CAGR return of 8.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.45%, 9.19% and 6.22% respectively.

Holdings

Franklin India Credit Risk Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are Vodafone Idea Limited

Taxation

As it is a other 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:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Franklin India Credit Risk Fund Direct Growth

The Fund seeks to provide regular income and capital appreciation through a focus on corporate securities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Franklin India Credit Risk Fund Direct Growth has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.04%
Benchmark
NIFTY Credit Risk Bond TR INR
AUM₹104 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/--
Exit Load
3%
Lock InNo Lock-in
TurnOver
84.68%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

B
100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Vodafone Idea Limited
Vodafone Idea Limited
100%
0%

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Franklin India Credit Risk Fund Direct Growth
Franklin India Credit Risk Fund Direct Growth
7.5%
9.2%
6.2%
8.1%

Santosh Kamath
Santosh Kamath
Fund Manager of Franklin India Credit Risk Fund Direct Growth, since 8 December 2011
Kunal Agrawal
Kunal Agrawal
Fund Manager of Franklin India Credit Risk Fund Direct Growth, since 4 June 2021

Mutual Fund Insights

Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 1 year, Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth has given 7.5% return, outperforming this fund by 0.05%.
Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
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This fund has one of the lowest expense ratio in the category (other bond). Its expense ratio is 0.04% which is lower than the category average expense ratio of 0.19%.

Franklin India Credit Risk Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.11% since inception which is less than its category average return of 21.73%
AUM size ₹104 Cr

AUM size ₹104 Cr

This fund has AUM of ₹104 Cr which is more than its category average of ₹ 63 Cr
Expense Ratio 0.04%

Expense Ratio 0.04%

This fund has an expense ratio of 0.04% which is less than its category average expense ratio of 0.12%

Frequently Asked Questions

The current NAV of Franklin India Credit Risk Fund Direct Growth is ₹25.57 as on 11-Jun-2023.
Existing (Absolute + CAGR) as on 11-Jun-2023.
Franklin India Credit Risk Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.91%
0.91%
6 Month Returns
4.96%
4.96%
1 Year Returns
7.45%
7.45%
3 Years Returns
30.18%
9.19%
5 Years Returns
35.22%
6.22%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.04% as on June 2024
₹104 Cr as on June 2024
B
100
Santosh Kamath, Kunal Agrawal are the fund managers of Franklin India Credit Risk Fund Direct Growth
The Exit load of Franklin India Credit Risk Fund Direct Growth is 3%