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    Franklin India Corporate Bond Fund

    Corporate BondDirect and Regular plans, Growth and IDCW options

    Data as on 30-10-2026

    Franklin India Corporate Bond Fund is a Corporate Bond fund run by Franklin Templeton Mutual Fund. On 30-09-2026, it managed ₹1,409 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.8% a year and its Regular plan returned 7.2% a year. Its benchmark, NIFTY Corporate Bond Index A-II, returned 6.3% a year over the same 3 years.

    NAV (Direct plan)
    ₹116.37
    ▲ 0.04%30-10-2026
    NAV (Regular plan)
    ₹106.72
    ▲ 0.03%30-10-2026
    Expense ratio
    0.26%Direct0.77%Regular
    Riskometer
    Not available
    Set by the fund house
    3 year return
    7.8%Direct7.2%Regular

    Franklin India Corporate Bond Fund NAV Today

    NAV on 30-10-2026: Direct Plan Growth ₹116.37 (up 0.04% that day); Regular Plan Growth ₹106.72 (up 0.03% that day).

    Franklin India Corporate Bond Fund Returns vs NIFTY Corporate Bond Index A-II

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Trailing returns
    Period1M3M6M1Y3Y5Y10Y
    This fund (Direct)−0.02%+0.64%+2.59%+5.32%+7.80%+6.72%+7.49%
    This fund (Regular)−0.06%+0.51%+2.32%+4.79%+7.22%+6.14%+6.89%
    NIFTY Corporate Bond Index A-II+0.06%+0.27%+2.36%+3.75%+6.33%+5.64%--
    Corporate Bond average−0.24%+0.05%+2.31%+4.00%+7.02%+6.20%+6.98%
    Best in Corporate Bond+0.29%+1.38%+3.12%+5.71%+7.80%+6.72%+7.49%
    Worst in Corporate Bond−0.60%−0.87%+1.72%+2.83%+6.50%+5.69%+6.41%
    Rank in Corporate Bond2/212/214/212/211/211/171/11

    Category rows compare the Direct plans of 21 Corporate Bond funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

    Franklin India Corporate Bond Fund Year-wise Returns

    Return of each calendar year
    YearDirectRegular
    2026to date+4.21%+3.78%
    2025+9.70%+9.07%
    2024+8.21%+7.63%
    2023+7.12%+6.55%
    2022+3.73%+3.17%
    2021+4.34%+3.78%

    Franklin India Corporate Bond Fund Rolling Returns

    The return of every holding period in the fund's history, not only the one that ends today

    Rolling returns

    Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,619 periods, one for each trading day from 01-01-2016 to 30-10-2026.

    0%2%4%6%8%10%12%
    Nov 2013
    to
    Nov 2016
    Sept 2015
    to
    Sept 2018
    Jul 2017
    to
    Jul 2020
    May 2019
    to
    May 2022
    Mar 2021
    to
    Mar 2024
    Dec 2022
    to
    Dec 2025
    Franklin India Corporate Bond Fund (Direct)Category average, 21 Corporate Bond funds

    Every holding period at a glance

    PeriodPeriodsMedianLowestHighestWith a lossCategory medianBeat category
    1 year3,0958.3%2.6%16.7%0%8.0%68%
    2 years2,8608.7%3.9%14.5%0%8.0%69%
    3 years2,6198.4%5.0%12.5%0%7.9%76%
    5 years2,1367.4%6.1%10.5%0%7.3%84%
    7 years1,6547.8%6.9%10.5%0%7.4%97%
    10 years9258.0%7.5%8.8%0%7.7%100%

    Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 21 Corporate Bond funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

    Franklin India Corporate Bond Fund Risk

    How much it swings, and the falls an investor had to sit through

    Risk and return

    MeasureFranklin India Corporate Bond Fund (Direct)This fundCategory average
    Return (CAGR)+7.80%+7.02%
    Standard deviation1.20%1.05%
    Sharpe ratio1.490.95
    Sortino ratio2.921.41
    Maximum drawdown−0.59% (02-04-2026)−0.60% (23-10-2026)

    From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

    Drawdowns

    How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

    −8%−6%−4%−2%0%
    2014201620182020202220242026
    Franklin India Corporate Bond Fund (Direct)Category average, 21 Corporate Bond funds
    Worst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Franklin India Corporate Bond Fund (Direct)−7.4%28-05-201319-08-201302-12-20133 months−0.17%
    Category average−4.0%19-06-201319-08-201308-10-201350 days−0.46%

    From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits, and the average of the 21 Corporate Bond funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

    Franklin India Corporate Bond Fund vs Other Corporate Bond Funds

    The five Corporate Bond funds with the best three year return, and this fund. Direct plans.

    Fund nameRankAUM (Cr)Exp. ratio1Y return3Y return3Y alpha3Y beta3Y Sharpe3Y Sortino
    Franklin India Corporate Bond Fund1/211,4090.26%+5.32%+7.80%----1.492.92
    Baroda BNP Paribas Corporate Bond Fund2/212690.21%+4.83%+7.62%----1.432.18Compare
    AXIS Corporate Bond Fund3/217,4530.36%+4.31%+7.44%----1.291.94Compare
    DSP Corporate Bond Fund4/212,6470.29%+5.71%+7.40%----2.213.77Compare
    Nippon India Corporate Bond Fund5/218,9070.37%+4.02%+7.28%----1.101.64Compare

    AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

    Franklin India Corporate Bond Fund Expense Ratio and Costs

    What each plan charges a year, in force from 01-09-2026

    PlanBase expense ratioBrokerageTransaction costsLevies and GSTTotal expense ratioCorporate Bond medianCost rank (1 = cheapest)
    Direct0.21%0.01%0.00%0.04%0.26%0.34%2/21
    Regular0.65%0.01%0.00%0.11%0.77%0.68%17/21

    The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Corporate Bond funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

    Direct vs Regular: what the gap cost

    Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

    Over the lastRegularDirectDirect earned more by₹1 lakh became (Regular)₹1 lakh became (Direct)
    1 year4.79%5.32%0.53%₹1,04,790₹1,05,320
    3 years7.22%7.80%0.58% a year₹1,23,261₹1,25,273
    5 years6.14%6.72%0.58% a year₹1,34,709₹1,38,430
    10 years6.89%7.49%0.60% a year₹1,94,702₹2,05,912

    Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

    Franklin India Corporate Bond Fund SIP Calculator

    What a one-time or monthly investment in this fund would be worth today, from its own NAV history

    Growth of an investment

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Direct planFranklin India Corporate Bond Fund (Direct) ₹16,60,000 ₹28,84,788 ₹12,24,788 7.6%
    Regular planFranklin India Corporate Bond Fund (Regular) ₹16,60,000 ₹27,53,660 ₹10,93,660 7.0%
    Category averageCategory average, 21 Corporate Bond funds ₹16,60,000 ₹27,81,137 ₹11,21,137 7.1%
    ₹0₹10.0 L₹20.0 L₹30.0 L
    2014201620182020202220242026
    Direct planFranklin India Corporate Bond Fund (Direct)Regular planFranklin India Corporate Bond Fund (Regular)Category averageCategory average, 21 Corporate Bond fundsAmount invested

    From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

    Franklin India Corporate Bond Fund Asset Allocation

    Asset allocation as on 30-09-2026

    What the fund holds

    91.1%Debt

    AssetFundCategory
    Debt91.1%91.2%
    Cash and others8.9%8.8%

    Credit rating

    Bonds and money market papers by credit rating, % of the fund. Category: the average of 21 Corporate Bond funds.

    RatingFundCategory
    Sovereign10.6%10.8%
    AAA and A1+73.8%78.7%
    AA6.7%1.7%

    Franklin India Corporate Bond Fund Portfolio Holdings

    As on 30-09-2026 · 43 holdings · from the fund house's monthly portfolio

    HoldingsRatingWeight%
    7.79% Small Industries Development Bank Of India (19-Apr-2027) · BondCRISIL AAA5.73%
    7.80% National Bank For Agriculture & Rural Development (15-Mar-2027) · BondIND AAA5.56%
    7.90% Jamnagar Utilities & Power Pvt Ltd (10-Aug-2028) · BondCARE AAA5.38%
    7.55% Poonawalla Fincorp Ltd (25-Mar-2027) · BondCRISIL AAA4.38%
    7.25% RJ Corp Ltd (08-Dec-2028) · BondCRISIL AAA4.03%
    7.9265% LIC Housing Finance (14-Jul-2027) · BondCARE AAA3.97%
    7.66% Maharashtra SDL (04-Mar-2047) · State government securitySOVEREIGN3.83%
    7.68% Small Industries Development Bank Of India (10-Aug-2027) · BondCRISIL AAA3.69%
    Mahindra & Mahindra Financial Services Ltd (3M Tbill + 210bps) (18-May-2029) · BondCRISIL AAA3.65%
    7.87% Summit Digitel Infrastructure Ltd (15-Mar-2030) · BondCRISIL AAA3.61%

    Franklin India Corporate Bond Fund Portfolio Overlap

    Funds with the most similar portfolios, across every fund house and category

    FundOverlapHoldings in common
    Franklin India Ultra Short to Short Term FundLow Duration · Franklin Templeton23.9%8Compare
    Franklin India Banking & PSU Debt FundBanking & PSU · Franklin Templeton23.4%20Compare
    Franklin India Balanced Advantage FundBalanced Advantage · Franklin Templeton19.6%19Compare
    Franklin India Aggressive Hybrid FundAggressive Hybrid · Franklin Templeton17.6%19Compare
    Franklin India Conservative Hybrid FundConservative Hybrid · Franklin Templeton16.8%8Compare
    Franklin India Retirement FundSolution · Franklin Templeton15.8%6Compare
    HDFC Ultra Short to Short Term FundLow Duration · HDFC13.2%10Compare
    Franklin India Medium to Long Term FundMedium to Long Duration · Franklin Templeton12.5%7Compare

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

    Franklin India Corporate Bond Fund Overview

    Fund facts from the scheme summary document, as on 16-10-2026

    Expense ratio (Direct)
    0.26%
    Expense ratio (Regular)
    0.77%
    Category
    Corporate Bond
    Risk
    Not available
    Benchmark
    NIFTY Corporate Bond Index A-II
    Launch date
    23-06-1997
    Minimum investment
    Plan A: 10000/1
    Minimum additional investment
    Plan A: 1000/1
    AUM
    ₹1,408.69 Cr (30-09-2026)
    Lock in
    None
    Scheme code (Direct)
    118569
    ISIN (Direct)
    INF090I01FW8
    Scheme code (Regular)
    100528
    ISIN (Regular)
    INF090I01DG6
    NAV history
    From 01-01-2013, 13.8 years
    Exit load
    Nil

    Tax on Franklin India Corporate Bond Fund returns

    • Franklin India Corporate Bond Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
    • For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
    • IDCW (dividend) payouts are added to your income and taxed at your slab rate.
    • A stamp duty of 0.005% is deducted when you invest.

    Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

    All plans and options

    PlanOptionNAVAs on
    directGrowth₹116.373830-10-2026
    directAnnual IDCW₹19.15230-10-2026
    directHalf Yearly IDCW₹14.415930-10-2026
    directMonthly IDCW₹16.746430-10-2026
    directQuarterly IDCW₹13.47430-10-2026
    regularGrowth₹106.720530-10-2026
    regularAnnual IDCW₹17.033330-10-2026
    regularHalf Yearly IDCW₹12.201330-10-2026
    regularMonthly IDCW₹15.074930-10-2026
    regularQuarterly IDCW₹11.916830-10-2026

    About Franklin India Corporate Bond Fund

    Franklin India Corporate Bond Fund is a mutual fund from Franklin Templeton Mutual Fund. Its category is Corporate Bond. It was launched on 23-06-1997. Its benchmark is NIFTY Corporate Bond Index A-II. At the end of September 2026 it held 43 securities.

    Fund Manager

    • Anuj Tagra

      Fund manager of Franklin India Corporate Bond Fund, since 01-03-2024

    • Chandni Gupta

      Fund manager of Franklin India Corporate Bond Fund, since 01-03-2024

    • Rahul Goswami

      Fund manager of Franklin India Corporate Bond Fund, since 06-10-2023

    See all funds of Franklin Templeton Mutual Fund

    AUM change

    September 2026
    ₹1,408.69 Cr
    +2.15% from August 2026
    August 2026
    ₹1,379.00 Cr
    +2.54% from July 2026
    July 2026
    ₹1,344.85 Cr
    −1.25% from June 2026

    AUM moves with money invested or taken out, and with the value of what the fund holds.

    Compare Franklin India Corporate Bond Fund with Other Funds

    Returns, risk, costs and the stocks they share, side by side

    Frequently Asked Questions for Franklin India Corporate Bond Fund

    What is the current NAV of Franklin India Corporate Bond Fund?

    The Direct plan NAV is ₹116.3738. The Regular plan NAV is ₹106.7205, as on 30-10-2026.

    What are the returns of Franklin India Corporate Bond Fund?

    The Direct plan returned +5.32% in 1 year, +7.80% a year over 3 years, +6.72% a year over 5 years. The Regular plan returned +4.79% in 1 year, +7.22% a year over 3 years, +6.14% a year over 5 years. These figures are as on 30-10-2026.

    What is the expense ratio of Franklin India Corporate Bond Fund?

    The Direct plan charges 0.26% a year. The Regular plan charges 0.77% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

    What is the AUM of Franklin India Corporate Bond Fund?

    Franklin India Corporate Bond Fund managed ₹1,408.69 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

    What are the top holdings of Franklin India Corporate Bond Fund?

    At the end of September 2026 the largest holdings were 7.79% Small Industries Development Bank Of India (19-Apr-2027) (5.73%), 7.80% National Bank For Agriculture & Rural Development (15-Mar-2027) (5.56%), 7.90% Jamnagar Utilities & Power Pvt Ltd (10-Aug-2028) (5.38%), 7.55% Poonawalla Fincorp Ltd (25-Mar-2027) (4.38%), 7.25% RJ Corp Ltd (08-Dec-2028) (4.03%). The fund held 43 securities in all.

    How do I invest in Franklin India Corporate Bond Fund?

    Through Franklin Templeton Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least Plan A: 10000/1. You can invest once or through a monthly SIP.

    Who is the fund manager of Franklin India Corporate Bond Fund?

    Anuj Tagra (since 01-03-2024), Chandni Gupta (since 01-03-2024), Rahul Goswami (since 06-10-2023).

    What is the exit load of Franklin India Corporate Bond Fund?

    Nil

    Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

    This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.

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