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
₹93.66
0.09%
NAV as on 19 Nov 24, 12:00 AM
low to moderate risk
corporate bond
debt
NAV as on 19 Nov 24, 12:00 AM
low to moderate risk
corporate bond
debt
7.68%p.a.
Last 1Y
5.64%p.a.
Last 3Y
5.97%p.a.
Last 5Y
8.50%p.a.
Since Inception
About Franklin India Corporate Debt Plan A Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin India Corporate Debt Plan A Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. 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 Plan A Growth is Corporate Bond fund of its category with 764.77 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.
- Franklin India Corporate Debt Plan A Growth delivered 7.7% annual returns during the last year. It has delivered 8.5% average annual returns since the fund was launched.
- Franklin India Corporate Debt Plan A Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The investment objective of the Scheme is primarily to provide investors Regular income and Capital appreciation.
Top 10 Holdings
ICICI Home Finance Company Limited
6.91%
Pipeline Infrastructure Private Limited
6.72%
Sikka Ports & Terminals Limited
6.68%
Summit Digitel Infrastructure Ltd
6.64%
Mankind Pharma Ltd
6.59%
Rural Electrification Corporation Limited
6.43%
7.53% Govt Stock 2034
4.63%
6.79% Govt Stock 2034
3.96%
Bajaj Finance Limited
3.47%
Bajaj Finance Ltd. 8.1167%
3.45%
Fund Managers
- Rahul Goswami (Oct 2023 - Present)
- Anuj Tagra (Mar 2024 - Present)
- Chandni Gupta (Mar 2024 - Present)
Key Information
View Scheme Document
Franklin India Corporate Debt Plan A Growth SIP Calculator
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₹0 (+0.0%)
This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Franklin India Corporate Debt Plan A Growth
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 |
How can NRIs invest in Franklin India Corporate Debt Plan A Growth?
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:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Franklin India Corporate Debt Plan A Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
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