December 14, 2025
Fund

This debt mutual fund has turned ₹10,000 monthly SIP into over ₹1 crore in 28 years


A ₹10,000 monthly Systematic Investment Plan (SIP) in Franklin India Corporate Debt Fund since its inception in 1997 has grown to over ₹1.11 crore. The fund completed its 28th anniversary on June 26, with Assets Under Management (AUM) exceeding ₹750 crore.

Launched in 1997, the fund has delivered a compounded annual growth rate (CAGR) of 8.49% over its 28-year history. A lump sum investment of ₹10,000 at inception would now be worth ₹96,189, as per data shared by Franklin Templeton.

Franklin India Corporate Debt Fund primarily invests in AAA-rated and high-safety corporate debt instruments. As of April 30, 2025, the portfolio had a 51% allocation to corporate bonds, 30.5% to public sector bonds, and 17.8% in government securities. The scheme’s Macaulay duration stands at just over four years.

Fund managers Rahul Goswami, Anuj Tagra, and Chandni Gupta follow a conservative, high-credit-quality approach. The scheme is strategically positioned to benefit from a potential downward interest rate cycle, rising private and public sector capital expenditure, and improving credit conditions in the economy.

The scheme has outperformed its benchmark consistently across 1-year and 15-year timeframes, as per the fund house. It offers accessibility to retail investors with a minimum SIP requirement of ₹500.

While the long-term performance appears stable, investors should assess interest rate risks and credit market dynamics before investing. Debt fund returns can be impacted by changes in monetary policy, bond yields, and issuer quality.



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