Should I invest in Franklin India Corporate Debt Fund - Plan A - Direct - Annual?

We don't give personal investment advice. Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 8.4%. 5-year CAGR: -0.21%.

Franklin India

Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW

Latest NAV

₹18.9827

As of

17 Jul 2026

3,268 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.03%	-1.47%	+1.50	14 / 68	Q1
1W	+0.12%	-1.52%	+1.63	3 / 68	Q1
2W	+0.03%	-1.57%	+1.60	11 / 68	Q1
1M	+0.81%	-1.35%	+2.17	6 / 68	Q1
3M	+1.76%	-0.46%	+2.21	28 / 68	Q2
6M	-3.77%	-0.61%	-3.15	64 / 67	Q4
YTD	-3.99%	-0.85%	-3.15	63 / 67	Q4
1Y	-1.39%	-0.07%	-1.32	55 / 67	Q4
2Y	+1.21%	+1.20%	+0.01	30 / 67	Q2
3Y	+0.89%	+2.57%	-1.68	31 / 66	Q2
4Y	+0.62%	+2.67%	-2.05	40 / 61	Q3
5Y	-0.21%	+1.67%	-1.87	44 / 52	Q4
7Y	-0.02%	+1.88%	-1.90	37 / 49	Q4
10Y	+0.61%	+1.53%	-0.92	14 / 31	Q2
Inception	+2.39%	+0.94%	+1.44	25 / 63	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-3.99%	+0.53%	-4.53	55 / 58
2025	+2.64%	+3.04%	-0.41	24 / 61
2024	+1.19%	+3.39%	-2.21	32 / 62
2023	+0.18%	+2.73%	-2.55	40 / 60
2022	-2.87%	+0.36%	-3.23	52 / 57
2021	-2.26%	-0.78%	-1.48	41 / 50
2020	+1.72%	+4.23%	-2.51	30 / 50
2019	+2.31%	+2.75%	-0.44	19 / 47
2018	+0.50%	+1.54%	-1.04	18 / 37
2017	+1.26%	+1.60%	-0.34	11 / 33
2016	+3.68%	+4.73%	-1.05	13 / 27

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+2.40%

153 windows

min -5.0% · max 16.8%

75% positive

3-Year rolling

+1.73%

129 windows

min -1.8% · max 9.4%

72% positive

5-Year rolling

+1.43%

105 windows

min -0.8% · max 6.7%

66% positive

7-Year rolling

+1.43%

80 windows

min 0.0% · max 5.4%

94% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

6.25%

3-year · annualised

Sharpe ratio

-0.86

vs risk-free 6.5%

Sortino ratio

-0.93

Downside-only deviation

Max drawdown

-7.58%

Mar 2026 → Apr 2026

% positive months

91.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Corporate Bond Fund

Scheme	Fund house	NAV	As of
HDFC Corporate Bond Fund - IDCW Option - Direct Plan	HDFC	₹21.5550	17 Jul 2026
NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹17.0694	17 Jul 2026
SBI Corporate Bond Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹15.9933	17 Jul 2026
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.2250	17 Jul 2026
Invesco India Corporate Bond Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,240.9877	17 Jul 2026
BANDHAN Corporate Bond Fund - Direct Annual IDCW	Bandhan	₹10.5086	17 Jul 2026
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - IDCW	Aditya Birla Sun Life	₹10.6342	17 Jul 2026
Franklin India Corporate Debt Fund - Plan A - Direct - Half yearly - IDCW	Franklin India	₹14.8830	17 Jul 2026
Mirae Asset Corporate Bond Fund Direct IDCW	Mirae Asset	₹13.7612	17 Jul 2026
Kotak Corporate Bond Fund- Direct Plan- Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹1,071.0150	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹18.9827
16 Jul 2026	₹18.9770
15 Jul 2026	₹18.9626
14 Jul 2026	₹18.9501
13 Jul 2026	₹18.9690
10 Jul 2026	₹18.9604
9 Jul 2026	₹18.9494
8 Jul 2026	₹18.9432
7 Jul 2026	₹18.9717
6 Jul 2026	₹18.9782

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW is ₹18.9827. It's a Corporate Bond Fund from Franklin India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW has NAV history starting from 01 Jan 2013, a track record of about 13 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW is managed by Franklin India. It's classified by AMFI under the 'Corporate Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW has delivered a absolute return of -1.39% — -1.32 pp behind the Corporate Bond Fund category average of -0.07%. The fund ranks #55 of 67 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW has delivered a CAGR of 0.89% — -1.68 pp behind the Corporate Bond Fund category average of 2.57%. The fund ranks #31 of 66 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW has delivered a CAGR of -0.21% — -1.87 pp behind the Corporate Bond Fund category average of 1.67%. The fund ranks #44 of 52 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW exactly 10 years ago would be worth approximately ₹106,263 today — a multiplier of 1.06×, based on the 10-year CAGR of 0.61%. The category average over the same window would have grown ₹1 lakh to ₹116,346.

A ₹10,000 monthly SIP in Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹599,645 today. That's an XIRR (money-weighted annualised return) of -0.02%.

A ₹10,000 monthly SIP for 10 years in Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW = ₹1,200,000 invested. It would currently be worth ₹1,200,590 (multiplier 1.00×). XIRR: 0.01%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW ranks #44 out of 52 funds in the Corporate Bond Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 1.67%; this fund delivered -0.21%.

The worst peak-to-trough decline Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW has experienced over the last 5-year window is 8.45% — its NAV fell from a high on 17 Mar 2022 to a low on 28 Mar 2023. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW averaged 1.43% (best 6.72%, worst -0.78%). 66% of rolling windows ended positive. The 5-year Sharpe ratio is -1.04 — negative risk-adjusted performance.

In calendar year 2025, Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW returned 2.64% — lagging the Corporate Bond Fund category average of 3.04% by 0.41 pp. It ranked #24 of 61 in its category that year.

Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 8.4%. 5-year CAGR: -0.21%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.