Franklin India Corporate Debt - Plan A - Growth - Latest NAV, Returns, Performance & Portfolio

Franklin India Corporate Debt - Plan A - Growth

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    8.52%
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    (+0.07)72.4251

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Fund Summarystar

PeriodReturns(per year)
10 Years9.12%
5 Years8.52%
3 Years8.65%
1 Year11.15%
6 Months5.1%
Fund Details
ISININF090I01DG6
RiskModerate Risk
Fund TypeCorporate Bond
NAV72.4251
Exit Load--

More about this fundstar

Top HoldingsWeightage
PIPELINE INFRASTRUCTURE PRIVATE LIMITED7.15%
Reliance Ports And Terminals Limited5.52%
POWER FINANCE CORPORATION LIMITED5.01%
Rural Electrification Corporation Limited4.49%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT3.72%
Housing Development Finance Corporation Limited3.55%
GRASIM INDUSTRIES LIMITED3.54%
Vedanta Limited3.51%
Ongc Petro Additions Limited3.5%
SHRIRAM TRANSPORT FINANCE COMPANY LIMITED3.35%

About Franklin India Corporate Debt Fund

Franklin India Corporate Debt Fund is an open ended debt fund aimed at investing in predominantly investing in AA+ and above corporate bonds to provide investors regular income and capital appreciation.

Pros & Cons of Franklin India Corporate Debt Fund

Franklin India Corporate Debt Fund offers the following benefits: 1. The Fund also seeks to provide stable returns in the long term by managing credit risk actively by investing in reputed corporate backed bonds. 2. The fund is suitable for investors looking for reasonable capital appreciation and regular income over a medium period.

Certain drawbacks of Franklin India Corporate Debt Fund 1. Returns might not be as good as those provided by equity linked mutual funds.

Fund Information and Statistics of Franklin India Corporate Debt Fund

i) Inception / Launch date

Franklin India Corporate Debt Fund was launched on June 23, 1997 Franklin India Mutual Fund AMC.

ii) Risk level

The fund has moderate level risk since it has investment in A++ and above rated corporate bonds.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. Santosh Kamath is the fund manager of the scheme. He has an experience of 15 years in fund management.

v) Entry / Exit load

The fund house has no exit or entry load associated with the fund.

Tax benefits of investing in the fund

Long term capital gains tax applies to returns on this fund. A capital gain registered during a period of less than 3 years is defined as Short-term Capital Gain (STCG). A capital gain registered over a period of 3 years or more is defined as Long-term Capital Gains (LTCG). STCG from debt oriented funds are added to the investor’s income. They are then taxed according to his income slab. Long term capital gains tax from debt funds is taxed at the rate of 20% after indexation and 10% without the benefit of indexation.

Investors need not pay any tax on dividends. However a Dividend Distribution Tax (DDT) is deducted at source at 29.12% (25% + 12% surcharge + 4% Health & education cess) for Individuals and at 34.944% (30% + 12% surcharge + 4% Health & education cess) for any other person.

About Franklin Templeton Investments

Franklin Templeton Mutual Fund is managed by Templeton Asset Management (“AMC”). The fund house prides on its ability to provide investors with relatively quick and risk free returns. The CEO of the fund house is Mr Sanjay Sapre. The fund house manages more than 50 schemes across equity, debt and liquid, fund of funds, sector equity funds and hybrid funds category.

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Frequently Asked Questions

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Start your investment

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns