HDFC Corporate Bond Fund
HDFC Mutual Fund · Corporate Bond · Regular plan, growth option
NAV (₹), 1 Oct 2026
34.2666
1-day change
-0.05%
1Y return
3.8%
3Y CAGR
6.6%
5Y CAGR
5.9%
Max drawdown, 5Y
−1.6%
NAV history month-end NAV, ₹ · 29 Jun 2010 to 1 Oct 2026
Returns vs Corporate Bond median (21 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -0.2% | 0.1% |
| 3 months | -0.2% | 0.4% |
| 6 months | 2.8% | 2.9% |
| Year to date | 2.5% | 3.1% |
| 1 year | 3.8% | 4.4% |
| 3 years (CAGR) | 6.6% | 6.8% |
| 5 years (CAGR) | 5.9% | 5.8% |
| 7 years (CAGR) | 6.6% | 6.4% |
| 10 years (CAGR) | 7.0% | 6.8% |
| Since first NAV (CAGR) | 7.9% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.3% | 7.1% |
| 3Y rolling median | 8.2% | 7.0% |
| 3Y rolling worst | 4.7% | 4.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 8.4% | 6.5% |
| 5Y rolling worst | 5.8% | 5.5% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 2.0% | 1.6% |
| Sharpe ratio | 0.02 | 0.10 |
| Sortino ratio | 0.02 | 0.14 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −4.0% | −3.2% |
| Maximum drawdown, last 10Y | −2.7% | −2.7% |
| Maximum drawdown, last 5Y | −1.6% | −1.0% |
| Current drawdown | −0.8% | −0.3% |
| Recovery time of worst fall | 50 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.63% a year and the Direct plan's 0.38%, a gap of 0.25%; over the last 3 years the Direct plan returned 0.26 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹6,50,717.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Anupam Joshi | Fund Manager of the Scheme | 27 Oct 2015 |
| Gopal Agrawal | Fund Manager for Overseas Investments | 1 Sep 2026 |
Objective: To generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bond. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Corporate Bonds (including securitised debt)#@ : 80% -100%; Government Securities and Money Market Instruments@ : 0% - 20%; Units issued by InvITs : 0% - 10% #Minimum 80% of the total assets will be invested in AA+ and above rated corporate bonds (including securitised debt). @As required under clause 5.7. of Master Circular, the Scheme shall hold at least 10% of its net assets in liquid assets (‘liquid assets’ shall include Cash, Government Securities, T-bills and Repo on Government Securities). In case of reduction in exposure to such liquid assets / securities below 10%, the AMC shall ensure that the above requirement is complied with before making any further investments. Further, the a…
Benchmark (tier 1): Nifty Corporate Bond Index A-II
Minimum application: Rs.100
Allotment date: 29 Jun 2010
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.63% | 0.68% |
| AUM, whole scheme (₹ crore) | 29,479 | 3,485 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 4.0% | 3.8% TRI |
| Return, 3 years (AMFI) | 6.6% | 6.3% TRI |
| Return, 5 years (AMFI) | 5.9% | 5.6% TRI |
| Month-ends above category median (3Y CAGR) | 98% | 48% median |
| Month-ends in category top quartile (3Y) | 73% | 18% median |
| 7Y rolling CAGR, median (monthly windows) | 8.1% | 7.2% median |
Official benchmark: NIFTY Corporate Bond Index A-II (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Corporate Bond Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 2.5% | n/a | – |
| 2025 | 7.3% | n/a | – |
| 2024 | 8.6% | n/a | – |
| 2023 | 7.2% | n/a | – |
| 2022 | 3.3% | n/a | – |
| 2021 | 3.9% | n/a | – |
| 2020 | 11.8% | n/a | – |
| 2019 | 10.3% | n/a | – |
| 2018 | 6.5% | n/a | – |
| 2017 | 6.5% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,22,291 | 3.6% |
| 3 years | ₹3,60,000 | ₹3,92,321 | 5.7% |
| 5 years | ₹6,00,000 | ₹7,02,027 | 6.2% |
| 10 years | ₹12,00,000 | ₹16,85,680 | 6.6% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HDFC Mutual Fund
Category: Corporate Bond
Plan / option: Regular · Growth
AMFI scheme code: 113070
ISIN: INF179K01DC2
First NAV in MFIC data: 29 Jun 2010
History: 16.3 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Aditya Birla Sun Life Corporate Bond Fund | Corporate Bond | 0.99 | 6.8% |
| HDFC Banking and PSU Debt Fund | Banking & PSU | 0.98 | 6.6% |
| Invesco India Corporate Bond Fund | Corporate Bond | 0.98 | 6.7% |
| Nippon India Banking and PSU Debt Fund | Banking & PSU | 0.98 | 6.6% |
| Aditya Birla Sun Life Banking & PSU Debt Fund | Banking & PSU | 0.98 | 6.6% |
| Kotak Corporate Bond Fund | Corporate Bond | 0.98 | 7.0% |
Questions about HDFC Corporate Bond Fund
- What is the latest NAV of HDFC Corporate Bond Fund?
- The NAV of the Regular plan (growth option) was ₹34.2666 on 1 Oct 2026, as published by AMFI.
- Which category is HDFC Corporate Bond Fund in?
- It is classified as Corporate Bond in AMFI's daily NAV file. MFIC compares it with 21 Corporate Bond schemes (Regular plans).
- What returns has HDFC Corporate Bond Fund delivered?
- Over one year the NAV changed by 3.8%. The 3-year CAGR is 6.6% (category median 6.8%) and the 5-year CAGR is 5.9% (category median 5.8%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 8.2%, the lowest was 4.7%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HDFC Corporate Bond Fund's NAV?
- The largest peak-to-trough fall in its available history was 4.0%; within the last five years it was 1.6% (category median 1.0%).
- How volatile is HDFC Corporate Bond Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 2.0%, which is above the Corporate Bond category median of 1.6%.
- What would a monthly SIP in HDFC Corporate Bond Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,02,027 on 1 Oct 2026, an annualised return (XIRR) of 6.2%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HDFC Corporate Bond Fund?
- The total expense ratio of the Regular plan is 0.63% a year, as disclosed to AMFI (median of Corporate Bond Regular plans: 0.68%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HDFC Corporate Bond Fund?
- Assets under management of the whole scheme were ₹29,479 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HDFC Corporate Bond Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HDFC Corporate Bond Fund and how has it compared?
- Its official benchmark is the NIFTY Corporate Bond Index A-II. Over 3 years AMFI reports a return of 6.6% for this plan against 6.3% for the benchmark total return index; over 5 years 5.9% against 5.6%. Past performance does not indicate future results.
- How often has HDFC Corporate Bond Fund beaten its category?
- At 98% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Corporate Bond schemes (Regular plans); it was in the top quarter at 73% of them. A typical scheme would show about 50%.
- Who manages HDFC Corporate Bond Fund?
- According to its Scheme Summary Document, HDFC Corporate Bond Fund is managed by Anupam Joshi (since 27 Oct 2015), Gopal Agrawal (since 1 Sep 2026).
- What is the minimum investment in HDFC Corporate Bond Fund?
- The minimum application amount is Rs.100. SIP details: For SIP DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500; HSIP - Rs. 2500; YSIP - Rs. 5000. For SWAP Fixed SWAP - Rs. 100; Variable SWAP - Rs. 300. For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000. Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 4.1% and the Regular plan's by 3.8%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.