Franklin Templeton Mutual Fund
Franklin India Corporate Debt Fund - Direct
7.8Q1★5
- NAV
- ₹116.2
- Expense
- 0.25%
- AUM
- ₹1.4 K Cr
- 1Y
- +7.5%
- 3Y
- +8.0%
- 5Y
- +6.7%
#1 of 6
Min SIP: ₹100Ideal: 2-3 yearsModerate Risk
HDFC Mutual Fund
HDFC Corporate Bond Fund - Growth Option - Direct Plan
3Y returns
7.3%
past performance*
5Y returns
6.4%
past performance*
0.36%Expense ratio
₹33.2K CrFund size
A licensed partner advisor will guide you — free, no PAN or bank details needed now.
*Past performance does not guarantee future returns. Returns are historical and subject to market risk.
NAV₹34.89
1D—
Expense0.36%
AUM₹33.2K Cr
Min SIP₹100
Min Lumpsum₹100
Trailing returns (CAGR)
| 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| -0.14% | +0.63% | +0.92% | +1.30% | +4.21% | +7.28% | +6.36% | +7.52% |
🎯 OnePaisa Verdict
4.9/ 10
Below AverageBreakdown
- Returns3/10
- Consistency6/10
- Risk1/10
- Cost9/10
- Size9/10
- Very low expense ratio (0.36%) — more of your money compounds for you
- Large, well-established fund (₹33K Cr AUM)
- 4★ Morningstar rating
💡 Ratings are not guarantees. Past performance does not predict future results.
SIP Returns
Simulated ₹10,000/month systematic investment plan, computed from NAV history.
1 Year SIP
+3.65%
₹1.22 L value on ₹1.20 L invested
3 Year SIP
—
Not enough NAV history yet.
5 Year SIP
—
Not enough NAV history yet.
vs Category (Corporate Bond)
This fund (1Y)
+4.21%
Rank #6 of 6
Category average (1Y)
+5.44%
Quartile Q4
Beats 0% of corporate bond funds on 1Y return.
Risk Analysis
- Std Deviation (1Y)1.54%Low
- Max Drawdown (1Y)-1.07%Low
- Sharpe Ratio (1Y)-1.49Poor
- Sortino Ratio (1Y)-1.43Poor
💡 Higher Sharpe = better risk-adjusted returns. Above 1.0 is good, above 2.0 is excellent. Drawdown is the worst peak-to-trough decline.
Calendar Year Returns
+3.60%
2025
+0.58%
2026
💰 What This Fund Costs You
Expense ratio: 0.36%
That is ₹360 per year on every ₹1 lakh invested.
10-year impact on ₹1 lakh (assuming 12% gross return)
Without this expense, ₹1 lakh would have grown to ₹3.11 L.
🎯 Is This Fund Right For You?
- Ideal horizon
- 2-3 years
- Minimum: 1 year
- Risk profile
- Moderate
- SIP recommended
- ➖ Lump sum preferred
- Lump sum
80%+ in AA+ or higher rated corporate bonds. Credit-quality focus with moderate duration.
Suitable goals
- Stable income
- Portfolio debt allocation
- Better-than-FD returns with quality bonds
Suitable for
- Conservative investors
- Those seeking stable returns with quality credit
Not suitable for
- Equity-like return expectations
- Those who cannot hold for 1+ years
🧾 Taxation
This is an Debt Fund.
- Short-term (Less than 2 years (listed) / 3 years (unlisted))
- As per income tax slab
- Long-term (2 years or more (listed))
- 12.5%
- LTCG exemption
- No exemption
- TDS
- No TDS for resident Indians on redemption
💡 Worked example
Invest ₹1,00,000 and gain ₹25,000 over 2 years:
- Tax type: LTCG (12.5% LTCG)
- Taxable gain: ₹25,000
- Tax owed: ₹3,125
- You keep: ₹1,21,875
Post-Budget 2025: listed debt funds held over 2 years qualify for 12.5% LTCG (no indexation). Unlisted debt funds need 3 years.
🚨 Things to Watch
Bottom quartile performer
Ranked #6 of 6 in its category (bottom 25%). Most peers are doing better.
Poor risk-adjusted returns
Sharpe ratio of -1.49 means you’re not being adequately compensated for the risk taken.
📊 SIP Calculator — HDFC Corporate Bond Fund Option
Estimated corpus
₹3.54 L
- Total invested
- ₹3.00 L
- Estimated gain
- ₹53,963 (+18%)
▮ Invested▮ Gains
How it stacks up vs alternatives
- Fixed Deposit (7%)₹3.60 L
- Category average (7.6%)₹3.66 L
- This fund (6.36%)₹3.54 L
⚠️ Projection based on past CAGR. Actual returns may vary. Markets are subject to risk; past performance is not a guarantee of future results.
▶Show Advanced Analysis
📈 Risk vs Return
Return 4.2% · Risk (std dev) 1.5%
SweetGrowthSlowAvoidLow riskHigh risk
Safe but slow
Stable but modest returns — suits capital preservation.
Sharpe ratio of -1.49 confirms poor risk-adjusted returns.
🛡️ Downside Protection
If the broader market falls 20%, this fund is expected to fall about 1.4%.
Based on 1Y max drawdown of -1.1% versus a typical market correction of ~-15%. Historical fall ratio ≈ 0.07× market. Above-average protection.
⚠️ Estimate, not a guarantee. Actual market falls vary.
💸 Expense Impact (₹10K/month for 20 years at 12% gross)
- This fund — Direct (0.36%)₹95.17 L
- Index fund (0.10%)₹98.57 L
- Regular plan (~1.50%)₹81.76 L
Choosing this Direct plan over a Regular plan saves about ₹13.41 L. Index fund would still beat it by ₹3.40 L thanks to its lower expense ratio.
Fund information
- Scheme category
- Debt Scheme - Corporate Bond Fund
- Benchmark
- CRISIL Corporate Debt A-II TR INR
- Inception
- 2013-01-01
- Lock-in
- None
- Exit load
- -
- Plan
- Direct
- Option
- Growth
Data freshness
- NAV as of: 2026-10-23
- Metrics calculated: 2026-10-24
- Source: mfapi.in, AMFI India
NAV trend
See how a SIP grows in this fund
Use the SIP Calculator with this fund's historical CAGR to project a monthly investment.
Similar Corporate Bond funds
ICICI Prudential Mutual Fund
ICICI Prudential Corporate Bond
5.5Q2★
- NAV
- ₹33.29
- Expense
- —
- AUM
- ₹30.2 K Cr
- 1Y
- +5.7%
- 3Y
- +7.6%
- 5Y
- +6.8%
#2 of 6
Min SIP: ₹500Ideal: 2-3 years
Kotak Mahindra Mutual Fund
Kotak Corporate Bond Fund- Direct Plan- Growth Option
5.5Q2★
- NAV
- ₹4,184.66
- Expense
- —
- AUM
- ₹15.2 K Cr
- 1Y
- +5.2%
- 3Y
- +7.5%
- 5Y
- +6.5%
#3 of 6
Min SIP: ₹500Ideal: 2-3 years
Nippon India Mutual Fund
Nippon India Corporate Bond Fund Growth Plan - Bonus
5.1Q35
- NAV
- ₹47.8
- Expense
- 0.36%
- AUM
- N/A
- 1Y
- +5.0%
- 3Y
- +7.6%
- 5Y
- +6.8%
#4 of 6
Min SIP: ₹100Ideal: 2-3 yearsModerate Risk