Franklin India Corporate Debt Fund

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Value Research Rating

3 star

Analyst’s Choice

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Riskometer

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Moderate

₹91.6329 0.02%

As on 13-Aug-2024

Returns

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Calculate SIP Returns of Franklin India Corporate Debt Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Franklin India Corporate Debt Fund

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Franklin India Corporate Debt Fund

Assets info

₹790 Cr

Exit Load (Days) info

--

Min. Investment (₹)

10,000

Min. Withdrawal (₹)

1,000

Min. SIP Investment (₹)

500

Min. No of Cheques

12

Investment Strategy

The Scheme seeks primarily to provide investors Regular income and Capital appreciation.

Suitability

"Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

FAQ for Franklin India Corporate Debt Fund

Franklin India Corporate Debt Fund is mandated to invest at least 80 per cent of its assets in high-grade corporate bonds rated AA+ and above.

Mutual funds can be bought directly from the website of the fund house. For instance, Franklin India Corporate Debt Fund fund can be purchased from the website of Franklin Templeton Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Franklin India Corporate Debt Fund is ₹91.6329 as of 14-Aug-2024.

The AUM of Franklin India Corporate Debt Fund Fund is ₹790 Cr as of 31-Jul-2024

The riskometer level of Franklin India Corporate Debt Fund is Moderate. See More

Company Percentage of Portfolio

GOI Sec 4.45 30/10/2034

9.77

ICICI Home Finance Company Ltd SR HDBMAR241 Debenture 8.10 05/03/2027

6.55

Pipeline Infrastructure (India) Pvt. Ltd SR 3 Debenture 7.96 11/03/2029

6.45

National Housing Bank Debenture 7.40 16/07/2026

6.36

Sikka Ports and Terminals Ltd SRPPD12 Debenture 6.75 22/04/2026

6.34
See More

As of 31-Jul-2024, Franklin India Corporate Debt Fund had invested 98.12% in Debt and 1.88% in Cash & Cash Eq. See More

Franklin India Corporate Debt Fund is 27 years 1 months old. It has delivered 8.50% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.08%
5.20%
5.94%
6.48%
7.48%
8.50%

No, There is no lock in period in Franklin India Corporate Debt Fund.

The expense ratio of Franklin India Corporate Debt Fund is 0.78.

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