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Franklin Templeton Mutual Fund

Franklin India Corporate Bond Fund

Franklin Templeton Mutual Fund · Direct plan · Growth

3-year returns
8%
a year
NAV
₹116.37
▲ 0.02% · 18 Sept 2026
Fund size
₹1,379 Cr
Expense ratio
0.26%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹106.78 and has returned 7.45% a year over 3 years.

Returns, and where it stands

Against the average corporate bond fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year6.2%5.3%ahead1 of 21
3 years8%7.3%ahead1 of 21
5 years6.7%6.3%ahead4 of 17
10 years7.6%7.1%ahead1 of 11
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.3%0.2%
3 months1.6%1.5%
6 months3.1%2.8%
1 year6.2%5.7%
2 yearsp.a.8.1%7.5%
3 yearsp.a.8%7.4%
5 yearsp.a.6.7%6.2%
7 yearsp.a.7.1%6.5%
10 yearsp.a.7.6%7%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 6.23% in the last 1Y

109.6113.0116.418 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹22,284
XIRR (per year)
7.75%
Value today
₹2,02,284

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
1.2% a year
about the same as the corporate bond fund average
Worst fall so far
−3.7%
Mar 2020 to Mar 2020, against −2.7% for the category.
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
5% to 9.4%
A year, at worst and at best. Typically 7.4%.

Fund details

Minimum lumpsum
₹10,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
1 Jan 2013
Expense ratio
0.26%
as of 31 Aug 2026

Managed by Rahul Goswami, Anuj Tagra, Chandni Gupta

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Franklin India Corporate Bond Fund against other funds in the Corporate Bond Fund category
Fund1Y3Y5YExpenseFund size
Franklin India Corporate Bond Fund6.23%8.03%6.73%0.26%₹1,379 Cr
Baroda Bnp Paribas Corporate Bond Fund6.07%7.76%0.2%₹275 Cr
AXIS Corporate Bond Fund5.66%7.68%6.76%0.36%₹7,768 Cr
Nippon India Corporate Bond Fund5.44%7.57%6.78%0.37%₹9,051 Cr
ICICI Prudential Corporate Bond Fund5.89%7.41%6.74%0.36%₹29,688 Cr
DSP Corporate Bond Fund6.09%7.39%6.04%0.3%₹2,816 Cr
Kotak Corporate Bond Fund5.26%7.38%6.45%0.36%₹15,095 Cr

About Franklin India Corporate Bond Fund

Franklin India Corporate Bond Fund is a corporate bond fund managed by Franklin Templeton Mutual Fund. Invest at least 80% in the highest-rated (AA+ and above) corporate bonds.

The investment objective of the Scheme is primarily to provide investors Regular income and Capital appreciation.

The scheme's stated objective, as published by Franklin Templeton Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹116.3699118569
DirectAnnual IDCW₹19.1513118570
DirectHalf Yearly IDCW₹15.0152118573
DirectMonthly IDCW₹16.9558118571
DirectQuarterly IDCW₹13.7235118572
RegularGrowth₹106.7796100528
RegularAnnual IDCW₹17.0427100527
RegularHalf Yearly IDCW₹12.7079100531
RegularMonthly IDCW₹15.2232100529
RegularQuarterly IDCW₹12.1034100530

Frequently asked questions

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

The NAV of Franklin India Corporate Bond Fund (Direct plan, Growth) is ₹116.3699 and the Regular plan NAV is ₹106.7796, as of 18 Sept 2026.

What returns has Franklin India Corporate Bond Fund given?

Over the last year the Direct plan returned 6.23%, and 8.03% a year over 3 years and 6.73% a year over 5 years. That places it 1 of 21 funds in its category over 3 years. Past returns do not guarantee future returns.

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

The Direct plan charges 0.26% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Franklin India Corporate Bond Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹10,000 or more.

How much has Franklin India Corporate Bond Fund fallen in the past?

Its deepest fall was 3.7% from 6 Mar 2020 to 26 Mar 2020. Of every one-year stretch in its history, 100% ended in a gain.

Which category does Franklin India Corporate Bond Fund belong to?

It is a Corporate Bond Fund from Franklin Templeton Mutual Fund. Invest at least 80% in the highest-rated (AA+ and above) corporate bonds.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Franklin India Corporate Bond Fund taxed?

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.