HSBC Corporate Bond Fund
HSBC Mutual Fund · Corporate Bond · Direct plan, growth option
NAV (₹), 1 Oct 2026
83.2470
1-day change
-0.03%
1Y return
4.9%
3Y CAGR
7.3%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 28 Nov 2022 to 1 Oct 2026
Returns vs Corporate Bond median (21 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.2% | 0.1% |
| 3 months | 0.7% | 0.5% |
| 6 months | 3.1% | 3.1% |
| Year to date | 3.5% | 3.4% |
| 1 year | 4.9% | 4.8% |
| 3 years (CAGR) | 7.3% | 7.2% |
| 5 years (CAGR) | n/a | 6.2% |
| 7 years (CAGR) | n/a | 6.8% |
| 10 years (CAGR) | n/a | 7.2% |
| Since first NAV (CAGR) | 7.2% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.0% | 7.5% |
| 3Y rolling median | 7.5% | 7.5% |
| 3Y rolling worst | 6.8% | 5.0% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 7.1% |
| 5Y rolling worst | n/a | 6.0% |
| 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.) | 1.6% | 1.6% |
| Sharpe ratio | 0.47 | 0.34 |
| Sortino ratio | 0.79 | 0.54 |
| 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 | −0.7% | −2.9% |
| Maximum drawdown, last 10Y | n/a | −2.7% |
| Maximum drawdown, last 5Y | n/a | −0.9% |
| Current drawdown | −0.2% | −0.2% |
| Recovery time of worst fall | n/a | – |
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 0.60% a year and the Direct plan's 0.33%, a gap of 0.27%; over the last 3 years the Direct plan returned 0.34 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 ₹7,06,420.
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 |
|---|---|---|
| Mohd. Asif Rizwi | Primary | 1 Feb 2001 |
| Shriram Ramanathan | Primary | 2 Jun 2030 |
Objective: To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
Stated asset allocation: AA+ and above rated corporate debt instruments including TREPS - 80% -100%, Debt and Money market instruments other than above - 0%-20%, Units issued by InvITs - 0% - 10%
Benchmark (tier 1): NIFTY Corporate Bond Index A-II
Minimum application: ₹5,000
Allotment date: 31 Mar 1997
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), Direct plan | 0.33% | 0.34% |
| AUM, whole scheme (₹ crore) | 5,979 | 3,485 |
| Riskometer | Low to 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) | 5.0% | 3.8% TRI |
| Return, 3 years (AMFI) | 7.3% | 6.3% TRI |
| Return, 5 years (AMFI) | 6.0% | 5.6% TRI |
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 Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.5% | n/a | – |
| 2025 | 8.3% | n/a | – |
| 2024 | 8.4% | n/a | – |
| 2023 | 6.8% | 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 | ₹1,23,206 | 5.0% |
| 3 years | ₹3,60,000 | ₹3,98,162 | 6.7% |
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: HSBC Mutual Fund
Category: Corporate Bond
Plan / option: Direct · Growth
AMFI scheme code: 150996
ISIN: INF917K01HN3
First NAV in MFIC data: 28 Nov 2022
History: 3.8 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 |
|---|---|---|---|
| Bajaj Finserv Banking and PSU Debt Fund | Banking & PSU | 0.99 | n/a |
| BARODA BNP PARIBAS CORPORATE BOND FUND | Corporate Bond | 0.97 | 7.7% |
| Axis Short Term Fund | Short Duration | 0.97 | 7.7% |
| LIC MF Banking & PSU Debt Fund | Banking & PSU | 0.97 | 7.3% |
| Edelweiss Banking and PSU Debt Fund | Banking & PSU | 0.97 | 7.1% |
| Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios) | Short Duration | 0.97 | 7.4% |
Questions about HSBC Corporate Bond Fund
- What is the latest NAV of HSBC Corporate Bond Fund?
- The NAV of the Direct plan (growth option) was ₹83.2470 on 1 Oct 2026, as published by AMFI.
- Which category is HSBC Corporate Bond Fund in?
- It is classified as Corporate Bond in AMFI's daily NAV file. MFIC compares it with 21 Corporate Bond schemes (Direct plans).
- What returns has HSBC Corporate Bond Fund delivered?
- Over one year the NAV changed by 4.9%. The 3-year CAGR is 7.3% (category median 7.2%). 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 7.5%, the lowest was 6.8%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HSBC Corporate Bond Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.7%.
- How volatile is HSBC Corporate Bond Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.6%, which is below the Corporate Bond category median of 1.6%.
- What would a monthly SIP in HSBC Corporate Bond Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,98,162 on 1 Oct 2026, an annualised return (XIRR) of 6.7%. This uses the Direct 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 HSBC Corporate Bond Fund?
- The total expense ratio of the Direct plan is 0.33% a year, as disclosed to AMFI (median of Corporate Bond Direct plans: 0.34%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HSBC Corporate Bond Fund?
- Assets under management of the whole scheme were ₹5,979 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HSBC Corporate Bond Fund?
- AMFI lists the scheme's riskometer as “Low to 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 HSBC 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 7.3% for this plan against 6.3% for the benchmark total return index; over 5 years 6.0% against 5.6%. Past performance does not indicate future results.
- Who manages HSBC Corporate Bond Fund?
- According to its Scheme Summary Document, HSBC Corporate Bond Fund is managed by Mohd. Asif Rizwi (since 1 Feb 2001), Shriram Ramanathan (since 2 Jun 2030).
- What is the minimum investment in HSBC Corporate Bond Fund?
- The minimum application amount is ₹5,000. SIP details: SIP - 500 Daily 6; 500 Weekly 6; 1000 Monthly 6; 1500 Quarterly 4; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1. SWP - 500 STP - 500;The minimum amount required under the source scheme for registering STP is Rs. 6,000..
- 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 4.9% and the Regular plan's by 4.6%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund 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 Direct 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.