HealthyDirect · Option n/aFit for a long SIP
Franklin India Credit Risk Fund (No. of segregated portfolios-3)
Franklin Templeton Mutual FundDebt Scheme - Credit Risk Fund13.8 years
- NAV
- 25.565
- 11 Jun 2023
- 1Y
- +7.4%
- Trailing CAGR
- AUM
- ₹353.46 Cr
- 31 Mar 2021
- Volatility
- Low
- 3.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 11 Jun 2023
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Pass
Peak-to-trough -9.6%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
n/a
Holdings weights not on file for this scheme yet.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+7.4%
- 3Y+9.4%
- 5Y+6.2%
- 10Y+7.9%
- SI+8.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+9.0%
- 3Y+7.7%
- 5Y+6.6%
- 10Y+7.2%
- Since inception
- +8.1%
- Calendar-day CAGR
- Excess 1Y
- n/a
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- +7.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.6%
- 1800 daily-ending windows
- Median rolling 3Y
- +8.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1318 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -9.6%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +49%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 7 days
- 172 recovered episodes
- Longest recovery
- 249 days
- Trough to prior peak
13 Jan 2020 – 4 Jan 2021
Trough 30 Apr 2020 · recovered in 249 days
-9.6%
12 Jul 2013 – 19 Sept 2013
Trough 19 Aug 2013 · recovered in 31 days
-3.0%
17 Feb 2022 – 17 Aug 2022
Trough 6 May 2022 · recovered in 103 days
-2.9%
14 Jun 2021 – 8 Sept 2021
Trough 6 Jul 2021 · recovered in 64 days
-2.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
48
Vs category
n/a
Consistency
n/a
Risk-adjusted
62
Drawdown
76
Mean
62
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
No holdings or recent changes on file for this scheme yet.
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Credit Risk Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +11.1%
- 3Y
- +12.9%
- Vol
- 2.6%
- Max DD
- -3.9%
- Sharpe
- 1.31
- 3Y win
- +70%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
BANDHAN CREDIT RISK FUND
Bandhan Mutual Fund
- 1Y
- +5.0%
- 3Y
- +7.1%
- Vol
- 1.5%
- Max DD
- -2.6%
- Sharpe
- 0.66
- 3Y win
- +34%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
DSP Credit Risk Fund
DSP Mutual Fund
- 1Y
- +10.3%
- 3Y
- +13.7%
- Vol
- 4.4%
- Max DD
- -6.0%
- Sharpe
- 0.73
- 3Y win
- +42%
- Shallower drawdown
- Higher trailing returns
Caveat: Higher volatility
ICICI Prudential Credit Risk Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.8%
- 3Y
- +8.8%
- Vol
- 1.4%
- Max DD
- -2.9%
- Sharpe
- 2.01
- 3Y win
- +53%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
Kotak Credit Risk Fund
Kotak Mahindra Mutual Fund
- 1Y
- +6.0%
- 3Y
- +8.3%
- Vol
- 1.8%
- Max DD
- -3.9%
- Sharpe
- 1.24
- 3Y win
- +54%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns