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2 star

Franklin India Corporate Debt Fund - Direct Plan

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Debt: Corporate Bond

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1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

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."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • 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.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 4.18 0.02 0.10 0.47 0.75 2.30 4.66 8.43 8.00 8.51 --
VR Bond 2.68 0.03 -0.02 0.59 1.27 2.12 2.98 6.35 5.55 6.67 --
Debt: Corporate Bond 3.81 0.00 0.10 0.48 0.73 2.31 4.25 8.38 7.20 8.10 --
Rank within category 4 1 12 11 8 10 7 11 1 1 --
Number of funds in category 20 21 21 21 21 21 20 17 13 12 0

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Corporate Debt Fund - Direct Plan  | Invest Online Now
2 star
 Jan-13 4.66 8.43 8.00 0.32% 831
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan  | Invest Online
5 star
 Jan-13 4.60 8.89 7.81 0.30% 20,980
ICICI Prudential Corporate Bond Fund - Direct Plan  | Invest Now
5 star
 Jan-13 4.88 8.70 7.63 0.27% 20,838
Kotak Corporate Bond Fund - Standard Plan - Direct Plan  | Invest Online
4 star
 Jan-13 4.47 8.21 7.73 0.32% 10,858
Nippon India Corporate Bond Fund - Direct Plan  | Invest Online
4 star
 Jan-13 5.35 7.93 7.49 0.22% 4,030

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.09 19-Aug-2013 - 26-Aug-2013 -4.59 12-Aug-2013 - 19-Aug-2013
Month 5.07 19-Aug-2013 - 18-Sep-2013 -5.54 19-Jul-2013 - 19-Aug-2013
Quarter 7.18 19-Aug-2013 - 18-Nov-2013 -7.19 20-May-2013 - 19-Aug-2013
Year 16.73 19-Aug-2013 - 19-Aug-2014 4.48 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.16 2.54 1.72 2.60 0.70 2.69
VR Bond 6.20 2.04 1.18 1.59 -- --
Debt: Corporate Bond 8.11 2.50 1.96 3.64 0.64 2.78
Rank within category 11 13 13 13 12 13
Number of funds in category 17 17 17 17 17 17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 38 49 38 89
Modified Duration (yrs) 1.54 2.29 1.54 --
Average Maturity (yrs) 1.83 2.79 1.79 --
Yield to Maturity (%) 4.84 5.26 4.65 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.62% Food Corporation of India 22/03/2023 Bonds AAA 6.81 - 7.04 6.95
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 6.18 - 6.37 6.34
equal 7.50% HDFC 2025 Debenture AAA 0.00 - 6.31 6.30
equal 8.60% ONGC Petro Additions 2022 Debenture AAA 5.10 - 5.26 5.25
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 3.80 3.79
equal 8.85% ONGC Petro Additions 19/04/2022 Debenture AAA 3.14 - 3.24 3.24
equal 7.44% Power Finance Corporation 2027 Bonds AAA 2.97 - 3.15 3.15
equal 6.99% REC 30/09/2024 Non Convertible Debenture AAA 2.98 - 3.13 3.12
equal 7.09% REC 17/10/2022 Debenture AAA 2.99 - 3.08 3.08
equal 6.19% Indian Railway Finance Corporation 28/04/2023 Debenture AAA 2.97 - 3.08 3.07
equal 7.90% National Bank Agr. Rur. Devp 18/04/2022 Non Convertible Debenture AAA 3.00 - 3.08 3.06
equal 5.80% National Housing Bank 15/05/2023 Debenture AAA 2.95 - 3.06 3.05
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 2.99 - 3.07 3.05
equal 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 0.00 - 3.03 3.03
equal LIC Housing Fin. 25/02/2022 Debenture AAA 2.42 - 2.62 2.62
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 2.55 2.53
equal Hindustan Petroleum Corporation 14/08/2024 Debenture AAA 2.41 - 2.52 2.51
equal 7.52% NHPC 2023 Bonds AAA 2.45 - 2.52 2.51
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 2.52 2.50
equal 9.90% Coastal Gujarat Power 27/08/2028 Debenture AA 2.09 - 4.10 2.20
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 2.13 - 2.18 2.18
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 8.09 1.87
equal 5.23% LIC Housing Fin. 26/07/2023 Debenture AAA 0.00 - 1.81 1.80
equal 8.25% Indian Railway Finance Corporation 28/02/2024 Debenture AAA 0.00 - 1.81 1.80
equal 8.30% REC 2025 Bonds AAA 1.24 - 1.29 1.29

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Sachin Padwal-Desai since 25-Oct-2018

Education: Mr. Desai is a B.E and PGDM from IIM Bangalore.

Experience: Prior to joining Franklin Templeton Mutual Fund, he has worked with Sundaram Mutual Fund, ICICI Bank, Infosys Technologies and Thermax.

Funds Managed:

— Santosh Kamath since 15-Apr-2014

Education: Mr. Kamath is a B.E ( Electronics ) from REC Bhopal and PGDM (Management) from XLRI Jamshedpur.

Experience: Prior to joining Franklin Templeton Investments he has worked with ING Vysya AMC, Zurich Asset Management, SBI Mutual, CRISIL and Jardine Fleming Asset Management.

Interviews:

Funds Managed:

— Umesh Sharma since 25-Oct-2018

Education: Mr. Sharma is a B.Com (H), CS and CA.

Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.

Funds Managed:

Invest Online Now
0.02%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 84.5368

IDCW Yearly: ₹ 19.5110

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IDCW Quarterly: ₹ 14.3313

IDCW Monthly: ₹ 17.1376

IDCW Half Yearly: ₹ 15.2509

Investment Strategy

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

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Franklin Templeton Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.08%
Benchmark: NIFTY Corporate Bond Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 831 Cr (As on 31-Oct-2021)
Expense: 0.32% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly18-Nov-20210.1050

 22-Oct-20210.1050
 17-Sep-20210.1050
 20-Aug-20210.1050
 23-Jul-20210.1050
 18-Jun-20210.1050
 21-May-20210.1050
 23-Apr-20210.1050
 19-Mar-20210.1050
 18-Feb-20210.1050
 22-Jan-20210.1050
 18-Dec-20200.1000
 20-Nov-20200.1000
 23-Oct-20200.1000
 18-Sep-20200.0925
 21-Aug-20200.0925
 24-Jul-20200.0925
 19-Jun-20200.0925
 22-May-20200.0925
 17-Apr-20200.0900
 20-Mar-20200.0720
 20-Feb-20200.0720
 24-Jan-20200.0720
 20-Dec-20190.0720
 22-Nov-20190.0720
IDCW Half Yearly17-Sep-20210.5500

 19-Mar-20210.5500
 18-Sep-20200.5088
 20-Mar-20200.3962
 20-Sep-20190.3962
 22-Mar-20190.3962
 21-Sep-20180.3602
 16-Mar-20180.3972
 15-Sep-20170.3972
 17-Mar-20170.3972
 16-Sep-20160.3972
 28-Mar-20160.3792
 18-Sep-20150.3792
 20-Mar-20150.3811
 19-Sep-20140.3702
 24-Mar-20140.3117
 30-Sep-20130.2727
 18-Mar-20130.3083
IDCW Quarterly17-Sep-20210.2750

 18-Jun-20210.2750
 19-Mar-20210.2750
 18-Dec-20200.2750
 18-Sep-20200.2544
 19-Jun-20200.2544
 20-Mar-20200.1981
 20-Dec-20190.1981
 20-Sep-20190.1981
 21-Jun-20190.1981
 22-Mar-20190.1981
 21-Dec-20180.1981
 21-Sep-20180.1981
 15-Jun-20180.1981
 16-Mar-20180.1986
 15-Dec-20170.1986
 15-Sep-20170.1986
 16-Jun-20170.1986
 17-Mar-20170.1986
 16-Dec-20160.1986
 16-Sep-20160.1986
 17-Jun-20160.1986
 28-Mar-20160.1986
 18-Dec-20150.1986
 18-Sep-20150.1986
IDCW Yearly19-Mar-20211.2550

 20-Mar-20201.0085
 22-Mar-20190.9724
 16-Mar-20180.9751
 17-Mar-20170.9028
 28-Mar-20160.7223
 20-Mar-20150.3448

Contact Information

AMC: Franklin Templeton Asset Management India Private Ltd

Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013

Phone: 1800-425-4255 / 60004255

Email: [email protected]

Website: http://www.franklintempletonindia.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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