Previously Known As : Franklin India Income Builder Account
Franklin India Corporate Debt Fund Overview
Category Corporate Bond Fund
BMSMONEY Rank 7
Rating
Growth Option 21-05-2025
NAV ₹99.53(R) +0.12% ₹107.71(D) +0.12%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 10.59% 7.64% 6.74% 7.24% 7.39%
Direct 11.22% 8.22% 7.33% 7.83% 8.02%
Benchmark
SIP (XIRR) Regular 12.76% 8.95% 7.3% 6.7% 6.82%
Direct 13.41% 9.55% 7.88% 7.28% 7.41%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.58 0.33 0.66 1.49% 0.01
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.52% 0.0% -0.65% 0.73 0.89%

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
Franklin India Corporate Debt Fund - Plan B - Quarterly - IDCW 12.27
0.0100
0.1200%
Franklin India Corporate Debt Fund - Plan B - Half yearly - IDCW 12.84
0.0200
0.1200%
Franklin India Corporate Debt Fund - Plan A - Direct - Quarterly - IDCW 13.96
0.0200
0.1200%
Franklin India Corporate Debt Fund - Plan A - Direct - Half yearly - IDCW 15.12
0.0200
0.1200%
Franklin India Corporate Debt Fund - Plan B - Monthly - IDCW 15.52
0.0200
0.1200%
Franklin India Corporate Debt Fund - Plan A - Annual - IDCW 16.99
0.0200
0.1200%
Franklin India Corporate Debt Fund - Plan A - Direct - Monthly - IDCW 17.45
0.0200
0.1200%
Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW 19.07
0.0200
0.1200%
Franklin India Corporate Debt Fund - Growth 99.53
0.1200
0.1200%
Franklin India Corporate Debt Fund - Direct - GROWTH 107.71
0.1300
0.1200%

Review Date: 21-05-2025

Beginning of Analysis

In the Corporate Bond Fund category, Franklin India Corporate Debt Fund is the 7th ranked fund. The category has total 19 funds. The Franklin India Corporate Debt Fund has shown a very good past performence in Corporate Bond Fund. The fund has a Jensen Alpha of 1.49% which is lower than the category average of 1.74%, showing poor performance. The fund has a Sharpe Ratio of 0.58 which is lower than the category average of 0.7.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Corporate Bond Mutual Funds are a good option for investors seeking higher returns than traditional debt instruments while maintaining moderate risk. However, they are not entirely risk-free and are subject to credit risk, interest rate risk, and market risk. Investors should carefully assess their risk appetite, investment horizon, and tax implications before investing in these funds.

Franklin India Corporate Debt Fund Return Analysis

  • The fund has given a return of 2.36%, 4.84 and 6.61 in last one, three and six months respectively. In the same period the category average return was 1.23%, 3.92% and 5.79% respectively.
  • Franklin India Corporate Debt Fund has given a return of 11.22% in last one year. In the same period the Corporate Bond Fund category average return was 10.38%.
  • The fund has given a return of 8.22% in last three years and ranked 7.0th out of 19 funds in the category. In the same period the Corporate Bond Fund category average return was 8.08%.
  • The fund has given a return of 7.33% in last five years and ranked 3rd out of 16 funds in the category. In the same period the Corporate Bond Fund category average return was 6.97%.
  • The fund has given a return of 8.02% in last ten years and ranked 3rd out of nine funds in the category. In the same period the category average return was 7.85%.
  • The fund has given a SIP return of 13.41% in last one year whereas category average SIP return is 11.62%. The fund one year return rank in the category is 1st in 20 funds
  • The fund has SIP return of 9.55% in last three years and ranks 2nd in 19 funds. Nippon India Corporate Bond Fund has given the highest SIP return (9.59%) in the category in last three years.
  • The fund has SIP return of 7.88% in last five years whereas category average SIP return is 7.58%.

Franklin India Corporate Debt Fund Risk Analysis

  • The fund has a standard deviation of 1.52 and semi deviation of 0.89. The category average standard deviation is 1.31 and semi deviation is 0.94.
  • The fund has a Value at Risk (VaR) of 0.0 and a maximum drawdown of -0.65. The category average VaR is -0.02 and the maximum drawdown is -0.71. The fund has a beta of 0.56 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Corporate Bond Fund Category
  • Good Performance in Corporate Bond Fund Category
  • Poor Performance in Corporate Bond Fund Category
  • Very Poor Performance in Corporate Bond Fund Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Franklin India Corporate Debt Fund NAV Regular Growth Franklin India Corporate Debt Fund NAV Direct Growth
    21-05-2025 99.5297 107.7127
    20-05-2025 99.4118 107.5834
    19-05-2025 99.3932 107.5618
    16-05-2025 99.3103 107.4673
    15-05-2025 99.1207 107.2605
    14-05-2025 98.9889 107.1164
    13-05-2025 98.8585 106.9737
    09-05-2025 98.5217 106.603
    08-05-2025 98.4781 106.5542
    07-05-2025 98.6786 106.7696
    06-05-2025 98.6982 106.7892
    02-05-2025 98.5957 106.6719
    30-04-2025 98.5815 106.6534
    28-04-2025 98.721 106.8009
    25-04-2025 97.4481 105.4185
    24-04-2025 97.5224 105.4971
    23-04-2025 97.4632 105.4313
    22-04-2025 97.3994 105.3606
    21-04-2025 97.275 105.2243

    Fund Launch Date: 24/Jun/1997
    Fund Category: Corporate Bond Fund
    Investment Objective: The investment objective of the Scheme is primarily to provide investors Regular income and Capital appreciation.
    Fund Description: A n o p e n e n d e d d e b t s c h e m e predominantly investing in AA+ and above rated corporate bonds
    Fund Benchmark: Crisil Short Term Bond Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.