Debt
Direct
Corporate Bond
NAV as on 06-09-2024
₹ 99.22
Inception Returns
8.3%
/yr
Franklin India Corporate Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Umesh Sharma, Sachin Padwal-Desai. This fund is suitable to keep your money safe.
Franklin India Corporate Debt Fund Direct Growth has given a CAGR return of 8.34% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.69%, 5.73% and 6.55% respectively.
Franklin India Corporate Debt Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 8% Govt Stock 2034, ICICI Home Finance Company Limited, Pipeline Infrastructure Ltd. 7.96%, National Housing Bank, Sikka Ports & Terminals Limited
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: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.
The investment objective of the Scheme is primarily to provide investors Regular income and Capital appreciation.
Minimum investment for lump sum payment is INR 10000.00 and for SIP is INR 500.00. Franklin India Corporate Debt Fund Direct Growth has no lock in period.
Expense ratio | 0.23% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹789 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹10000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 156.55% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (06-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Corporate & Government
Franklin India Corporate Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.62% | 0.62% |
6 Month Returns | 4.06% | 4.06% |
1 Year Returns | 7.69% | 7.69% |
3 Years Returns | 18.2% | 5.73% |
5 Years Returns | 37.32% | 6.55% |
AAA | 96.72 |
AA | 3.28 |