- Mutual Funds
- Franklin Templeton Mutual Funds
- Franklin India Corporate Debt Plan A (RIDCW-A)
Formerly Franklin India Corporate Debt A Ann DR
Franklin India Corporate Debt Plan A (RIDCW-A)
₹ 16.6669
NAV (Sep 22)
Corporate bond funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Corporate Bond Funds are mandated to invest a minimum of 80% of total assets in Corporate Bonds of the highest ratings.The category is one of the largest categories within the Debt Segment(9 % of total debt funds assets).We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 16.6669
NAV (Sep 22)
Fund Returns
Last 1Y | 5.7% |
Last 3Y | 4.5% |
Last 5Y | 6% |
Last 10Y | 7.5% |
Since Inception | 8.1% |
6 Month CAGR | 2.9% |
Scheme Information
The investment objective of the Scheme is primarily to provide investors Regular income and Capital appreciation.
Expense Ratio | 0.74 |
Launched (26y ago) | Jun 23, 1997 |
AUM in Crores | 803.285 |
ISIN | INF090I01DI2 |
Lock-in | No Lock-in |
Benchmark | NIFTY Corporate Bond TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 10000 |
Standard Deviation (3yr) | 1.3 |
Standard Deviation (5yr) | 2.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.156 |
Sharpe Ratio (5yr) | 0.277 |
YTM | 7.38 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Franklin India Corporate Debt Plan A (RIDCW-A) | 8,46,471 | 1,13,859 | 6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
364 Days Treasury Bill 07-03-2024
15.1%export import bank of india
8.3%indian railway finance corporation limited
6.7%hdfc bank limited
6.5%nuclear power corporation of india limited
6.5%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4% | 14.8% | ||
4% | 14.8% | ||
4% | 14.8% | ||
35.7% | 16.3% | ||
29.8% | 14.2% |
Franklin India Corporate Debt Plan A (RIDCW-A) Review
Franklin India Corporate Debt Plan A (RIDCW-A) is a Corporate Bond Debt fund and has delivered an annualised return of 8.1% over a period of 26 years. The fund was previously known as Franklin India Corporate Debt A Ann DR. The fund is managed by Franklin Templeton Asst Mgmt(IND)Pvt Ltd. The fund managers are Sachin Padwal-Desai, Santosh Kamath, Umesh Sharma.
Nav of Franklin India Corporate Debt Plan A (RIDCW-A) as of 9/22/2023 is ₹16.67 with the total AUM as of 9/23/2023 is ₹803.285. With Scripbox you can compare and check the latest nav for all mutual funds in India. Franklin India Corporate Debt Plan A (RIDCW-A) was launched on Jun 23, 1997. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Franklin India Corporate Debt Plan A (RIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹10000. Check your estimated returns on mutual funds by using sip calculator.
Franklin India Corporate Debt Plan A (RIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Corporate Bond TR INR.
Franklin India Corporate Debt Plan A (RIDCW-A) is rated as a 1 fund in Debt and delivered 5.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Franklin India Corporate Debt Plan A (RIDCW-A).
Frequently Asked Questions
What is Franklin India Corporate Debt Plan A (RIDCW-A)?
How to invest in Franklin India Corporate Debt Plan A (RIDCW-A)?
You can invest in Franklin India Corporate Debt Plan A (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Franklin India Corporate Debt Plan A (RIDCW-A)?
The minimum sip amount for Franklin India Corporate Debt Plan A (RIDCW-A) is ₹1000. You can invest in multiples of ₹10000.
Is Franklin India Corporate Debt Plan A (RIDCW-A) good to invest in?
As per Scripbox experts, Franklin India Corporate Debt Plan A (RIDCW-A) is a Not Recommended fund. You can investFranklin India Corporate Debt Plan A (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Franklin India Corporate Debt Plan A (RIDCW-A)?
The expense ratio of the Franklin India Corporate Debt Plan A (RIDCW-A) is 0.74% for regular plan.