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Top 6 Best Debt Funds by Franklin Templeton Mutual Fund 2024

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6 Best Debt Funds by Franklin Templeton Mutual Fund 2024

Updated on February 23, 2024 , 7670 views

The Debt fund offered by Franklin Templeton aim to provide optimal returns by Investing in high-quality government securities. Through debt funds, investors can easily plan their short to mid term Financial goals. Schemes like Liquid Funds, ultra short term funds and short term funds by Franklin Templeton helps in fulfilling one’s financial goals.

Investors planning to invest can choose funds from the below top 7 Best Debt Funds by Franklin Templeton Mutual Fund. These funds have been shortlisted by undertaking certain important parameters like AUM, NAV, past performances, the average maturity of the Portfolio, duration, etc.

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Franklin

Why Invest in Franklin Templeton Mutual Fund?

  • An investor can invest in debt schemes with an amount as low as INR 500 via a SIP and INR 5,000 via a lump sum amount investment

  • Debt funds are considered to be an ideal investment for generating regular Income. For example, choosing dividend payout can be an option for regular income.

  • Since, debt funds largely invest in government securities, corporate debt and other securities like treasury bills, etc., they are not affected by equity Market Volatility.

Best Franklin Templeton Debt Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2023 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Franklin India Savings Fund Growth ₹45.289
↑ 0.01
₹1,7131.83.67.55.37.37.51%3M 25D4M 5D
Franklin India Corporate Debt Fund Growth ₹88.4743
↑ 0.01
₹7391.73.26.956.57.7%1Y 6M 14D1Y 10M 27D
Franklin India Banking And PSU Debt Fund Growth ₹20.1906
↑ 0.00
₹6431.93.57.35.26.87.68%2Y 1M 10D2Y 8M 4D
Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth ₹34.9131
↑ 0.04
₹2971.35.913.78.8 0%1Y 15D
Franklin India Government Securities Fund Growth ₹53.0156
↓ -0.01
₹1331.62.95.94.35.57.08%2Y 1M 13D2Y 8M 7D
Franklin India Credit Risk Fund Growth ₹25.3348
↑ 0.04
₹1042.957.511 0%
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Feb 24

1. Franklin India Savings Fund

(Erstwhile Franklin India Savings Plus Fund Retail Option)

Aims to provide income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns, and also fixed rate instruments and money market instruments.

Franklin India Savings Fund is a Debt - Money Market fund was launched on 11 Feb 02. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 47 in Money Market category.  Return for 2023 was 7.3% , 2022 was 4.4% and 2021 was 3.6% .

Below is the key information for Franklin India Savings Fund

Franklin India Savings Fund
Growth
Launch Date 11 Feb 02
NAV (23 Feb 24) ₹45.289 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹1,713 on 31 Jan 24
Category Debt - Money Market
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately Low
Expense Ratio 0.29
Sharpe Ratio 1.36
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.51%
Effective Maturity 4 Months 5 Days
Modified Duration 3 Months 25 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,823
31 Jan 21₹11,441
31 Jan 22₹11,861
31 Jan 23₹12,414
31 Jan 24₹13,330

Franklin India Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Franklin India Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Feb 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.6%
1 Year 7.5%
3 Year 5.3%
5 Year 5.9%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.3%
2022 4.4%
2021 3.6%
2020 6%
2019 8.5%
2018 7.5%
2017 7.2%
2016 8.1%
2015 8.3%
2014 8.9%
Fund Manager information for Franklin India Savings Fund
NameSinceTenure
Rahul Goswami6 Oct 230.32 Yr.
Umesh Sharma25 Oct 185.27 Yr.
Pallab Roy25 Jun 0815.61 Yr.

Data below for Franklin India Savings Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash86.3%
Debt13.5%
Other0.2%
Debt Sector Allocation
SectorValue
Cash Equivalent41.66%
Government34.79%
Corporate23.35%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
364 DTB 05122024
Sovereign Bonds | -
7%₹118 Cr12,500,000
↑ 7,500,000
Union Bank of India
Domestic Bonds | -
4%₹74 Cr1,500
↑ 1,500
182 DTB 09052024
Sovereign Bonds | -
4%₹73 Cr7,500,000
Small Industries Development Bank of India
Debentures | -
3%₹47 Cr1,000
Corporate Debt Market Development Fund Class A2
Investment Fund | -
0%₹4 Cr3,468
↑ 905
State Bank Of India
Certificate of Deposit | -
6%₹99 Cr2,000
Reliance Retail Ventures Limited
Commercial Paper | -
6%₹99 Cr2,000
↑ 2,000
Call, Cash & Other Assets
CBLO | -
6%₹98 Cr
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
3%₹50 Cr1,000
Small Industries Development Bank Of India
Commercial Paper | -
3%₹50 Cr1,000

2. Franklin India Corporate Debt Fund

(Erstwhile Franklin India Income Builder Account - Plan A)

The investment objective of the Scheme is primarily to provide investors Regular income under the Dividend Plan and Capital appreciation under the Growth Plan.

Franklin India Corporate Debt Fund is a Debt - Corporate Bond fund was launched on 23 Jun 97. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.5% since its launch.  Ranked 22 in Corporate Bond category.  Return for 2023 was 6.5% , 2022 was 3.2% and 2021 was 3.8% .

Below is the key information for Franklin India Corporate Debt Fund

Franklin India Corporate Debt Fund
Growth
Launch Date 23 Jun 97
NAV (23 Feb 24) ₹88.4743 ↑ 0.01   (0.01 %)
Net Assets (Cr) ₹739 on 31 Jan 24
Category Debt - Corporate Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.78
Sharpe Ratio -0.6
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load 0-1 Years (0.5%),1 Years and above(NIL)
Yield to Maturity 7.7%
Effective Maturity 1 Year 10 Months 27 Days
Modified Duration 1 Year 6 Months 14 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,983
31 Jan 21₹11,825
31 Jan 22₹12,303
31 Jan 23₹12,725
31 Jan 24₹13,570

Franklin India Corporate Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Franklin India Corporate Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Feb 24

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.2%
1 Year 6.9%
3 Year 5%
5 Year 6.3%
10 Year
15 Year
Since launch 8.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.5%
2022 3.2%
2021 3.8%
2020 9%
2019 9.2%
2018 7.5%
2017 7.7%
2016 9%
2015 8.4%
2014 13%
Fund Manager information for Franklin India Corporate Debt Fund
NameSinceTenure
Rahul Goswami6 Oct 230.32 Yr.

Data below for Franklin India Corporate Debt Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash2.99%
Debt96.75%
Other0.26%
Debt Sector Allocation
SectorValue
Government55.24%
Corporate41.52%
Cash Equivalent2.99%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
19%₹140 Cr13,550,000
↓ -450,000
Export Import Bank Of India
Debentures | -
9%₹68 Cr650
Nuclear Power Corporation Of India Limited
Debentures | -
7%₹53 Cr5,000
National Housing Bank
Debentures | -
7%₹53 Cr500
National Bank For Agriculture And Rural Development
Debentures | -
7%₹51 Cr500
Small Industries Development Bank Of India
Debentures | -
7%₹51 Cr500
HDFC Bank Limited
Debentures | -
7%₹50 Cr500
Rural Electrification Corporation Limited
Debentures | -
4%₹27 Cr250
Rec Limited
Debentures | -
4%₹26 Cr250
Power Grid Corporation Of India Limited
Debentures | -
4%₹26 Cr250

3. Franklin India Banking And PSU Debt Fund

The fund seeks to provide income through a portfolio of debt and money market instruments consisting predominantly of securities issued by entities such as Banks and Public Sector Undertakings (PSUs). However, there is no assurance or guarantee that the objective of the scheme will be achieved.

Franklin India Banking And PSU Debt Fund is a Debt - Banking & PSU Debt fund was launched on 25 Apr 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 40 in Banking & PSU Debt category.  Return for 2023 was 6.8% , 2022 was 3.3% and 2021 was 3.7% .

Below is the key information for Franklin India Banking And PSU Debt Fund

Franklin India Banking And PSU Debt Fund
Growth
Launch Date 25 Apr 14
NAV (23 Feb 24) ₹20.1906 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹643 on 31 Jan 24
Category Debt - Banking & PSU Debt
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.53
Sharpe Ratio 0.01
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.68%
Effective Maturity 2 Years 8 Months 4 Days
Modified Duration 2 Years 1 Month 10 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹11,148
31 Jan 21₹12,046
31 Jan 22₹12,519
31 Jan 23₹12,958
31 Jan 24₹13,868

Franklin India Banking And PSU Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Franklin India Banking And PSU Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Feb 24

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 3.5%
1 Year 7.3%
3 Year 5.2%
5 Year 6.8%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.8%
2022 3.3%
2021 3.7%
2020 9.1%
2019 11.2%
2018 6.9%
2017 6.3%
2016 9.7%
2015 7.3%
2014
Fund Manager information for Franklin India Banking And PSU Debt Fund
NameSinceTenure
Umesh Sharma25 Apr 149.78 Yr.
Sandeep Manam18 Oct 212.29 Yr.

Data below for Franklin India Banking And PSU Debt Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash18.04%
Debt81.69%
Other0.28%
Debt Sector Allocation
SectorValue
Government68.71%
Corporate28.02%
Cash Equivalent2.99%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nuclear Power Corporation Of India Limited
Debentures | -
8%₹53 Cr5,000
7.18% Govt Stock 2033
Sovereign Bonds | -
8%₹52 Cr5,000,000
National Bank For Agriculture And Rural Development
Debentures | -
8%₹51 Cr500
Indian Railway Finance Corporation Limited
Debentures | -
8%₹51 Cr500
Food Corporation Of India
Debentures | -
7%₹48 Cr500
Export Import Bank Of India
Debentures | -
5%₹35 Cr350
↑ 350
Nhpc Limited
Debentures | -
4%₹26 Cr250
↑ 250
Rec Limited
Debentures | -
4%₹26 Cr250
Indian Oil Corporation Limited
Debentures | -
4%₹26 Cr250
Small Industries Development Bank Of India
Debentures | -
4%₹26 Cr250

4. Franklin India Ultra Short Bond Fund - Super Institutional Plan

To provide a combination of regular income and high liquidity by investing primarily in a mix of short term debt and money market instruments.

Franklin India Ultra Short Bond Fund - Super Institutional Plan is a Debt - Ultrashort Bond fund was launched on 18 Dec 07. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.9% since its launch. .

Below is the key information for Franklin India Ultra Short Bond Fund - Super Institutional Plan

Franklin India Ultra Short Bond Fund - Super Institutional Plan
Growth
Launch Date 18 Dec 07
NAV (07 Aug 22) ₹34.9131 ↑ 0.04   (0.11 %)
Net Assets (Cr) ₹297 on 31 Jul 22
Category Debt - Ultrashort Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.52
Sharpe Ratio 2.57
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 0%
Effective Maturity 1 Year 15 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,468
31 Jan 21₹11,338
31 Jan 22₹12,745

Franklin India Ultra Short Bond Fund - Super Institutional Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Purchase not allowed

Returns for Franklin India Ultra Short Bond Fund - Super Institutional Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Feb 24

DurationReturns
1 Month 0.6%
3 Month 1.3%
6 Month 5.9%
1 Year 13.7%
3 Year 8.8%
5 Year 8.7%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Fund Manager information for Franklin India Ultra Short Bond Fund - Super Institutional Plan
NameSinceTenure

Data below for Franklin India Ultra Short Bond Fund - Super Institutional Plan as on 31 Jul 22

Asset Allocation
Asset ClassValue
Debt Sector Allocation
SectorValue
Credit Quality
RatingValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

5. Franklin India Government Securities Fund

(Erstwhile Franklin India Government Securities Fund - Long Term Plan)

Aims to invest exclusively in government securities of Zero credit or default risk

Franklin India Government Securities Fund is a Debt - Government Bond fund was launched on 7 Dec 01. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.8% since its launch.  Ranked 17 in Government Bond category.  Return for 2023 was 5.5% , 2022 was 2.5% and 2021 was 2.1% .

Below is the key information for Franklin India Government Securities Fund

Franklin India Government Securities Fund
Growth
Launch Date 7 Dec 01
NAV (23 Feb 24) ₹53.0156 ↓ -0.01   (-0.02 %)
Net Assets (Cr) ₹133 on 31 Jan 24
Category Debt - Government Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 1.07
Sharpe Ratio -1.37
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.08%
Effective Maturity 2 Years 8 Months 7 Days
Modified Duration 2 Years 1 Month 13 Days

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,861
31 Jan 21₹11,701
31 Jan 22₹12,000
31 Jan 23₹12,349
31 Jan 24₹13,036

Franklin India Government Securities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Franklin India Government Securities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Feb 24

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 2.9%
1 Year 5.9%
3 Year 4.3%
5 Year 5.5%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2023 5.5%
2022 2.5%
2021 2.1%
2020 8.5%
2019 8%
2018 4.3%
2017 0.1%
2016 15.7%
2015 5.4%
2014 20.3%
Fund Manager information for Franklin India Government Securities Fund
NameSinceTenure
Sachin Padwal-Desai5 Jul 1013.58 Yr.
Rahul Goswami6 Oct 230.32 Yr.

Data below for Franklin India Government Securities Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash10.47%
Debt89.53%
Debt Sector Allocation
SectorValue
Government89.53%
Cash Equivalent10.47%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
90%₹119 Cr11,500,000
↓ -500,000
Call, Cash & Other Assets
CBLO | -
10%₹14 Cr

6. Franklin India Credit Risk Fund

(Erstwhile Franklin India Corporate Bond Opportunities Fund)

The Fund seeks to provide regular income and capital appreciation through a focus on corporate securities.

Franklin India Credit Risk Fund is a Debt - Credit Risk fund was launched on 30 Nov 11. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.4% since its launch.  Ranked 16 in Credit Risk category. , 2022 was 6.5% and 2021 was 13.8% .

Below is the key information for Franklin India Credit Risk Fund

Franklin India Credit Risk Fund
Growth
Launch Date 30 Nov 11
NAV (11 Jun 23) ₹25.3348 ↑ 0.04   (0.14 %)
Net Assets (Cr) ₹104 on 15 Jul 23
Category Debt - Credit Risk
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.04
Sharpe Ratio 0.29
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-12 Months (3%),12-24 Months (2%),24-36 Months (1%),36 Months and above(NIL)
Yield to Maturity 0%
Effective Maturity
Modified Duration

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹9,923
31 Jan 21₹10,378
31 Jan 22₹11,720
31 Jan 23₹12,643

Franklin India Credit Risk Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Purchase not allowed

Returns for Franklin India Credit Risk Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Feb 24

DurationReturns
1 Month 0.9%
3 Month 2.9%
6 Month 5%
1 Year 7.5%
3 Year 11%
5 Year 7%
10 Year
15 Year
Since launch 8.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023
2022 6.5%
2021 13.8%
2020 -0.2%
2019 4%
2018 8.4%
2017 8.3%
2016 8.7%
2015 9.3%
2014 11.9%
Fund Manager information for Franklin India Credit Risk Fund
NameSinceTenure
Santosh Kamath8 Dec 1112.16 Yr.
Kunal Agrawal4 Jun 212.66 Yr.

Data below for Franklin India Credit Risk Fund as on 15 Jul 23

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent100%
Credit Quality
RatingValue
B100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Vodafone Idea Limited
Debentures | -
100%₹104 Cr3,370

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All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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