NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹103.72
0.04%
NAV as on 27 Feb 26, 12:00 AM
low to moderate risk
corporate bond
debt
NAV as on 27 Feb 26, 12:00 AM
low to moderate risk
corporate bond
debt
8.97%p.a.
Last 1Y
7.79%p.a.
Last 3Y
6.27%p.a.
Last 5Y
8.49%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Franklin India Corporate Debt Fund Plan A-Growth scheme from Franklin Templeton Asset Management (India) Private Limited. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Jun 1997, Franklin India Corporate Debt Fund Plan A-Growth is Corporate Bond fund of its category with 1,323.42 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.
The investment objective of the Scheme is primarily to provide investors Regular income and Capital appreciation.
Power Finance Corporation Ltd SR-168B Bonds 7.44 11/06/2027
1.94%
LIC HOUSING FINANCE LIMITED TR 417 OPT I 6.40 LOA 30NV26 FVRS10LAC
2.27%
BAJAJ FINANCE LIMITED 7.82% NCD 31JN34 FVRS1LAC
2.05%
REC LIMITED SR 239 BD 03NV34 FVRS1LAC
3.79%
POWER FINANCE CORPORATION LIMITED SR 246B 7.38 BD 15JN32 FVRS1LAC
3.74%
HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED SR A 6.9 NCD 23AP32 FVRS1LAC
1.95%
POONAWALLA FINCORP LIMITED SR A1 7.65 NCD 21AP27 FVRS1LAC
2.00%
IDFC First Bank (Pay Fixed - Receive Floating)
-8.69%
Cash/Net Current Assets
1.66%
Sikka Ports and Terminals Ltd SR-PPD-6 Debenture 7.95 28/10/2026
0.39%
View Scheme Document
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return

low to moderate risk | debt
7.6%

low to moderate risk | debt
0.0%

low to moderate risk | debt
0.0%