HDFC Corporate Bond Fund
Corporate BondModerateOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹34.29-0.07%1 day
- Return since launch
- 7.9%
- 52-week range
- ₹32.93 — ₹34.55
- AUM
- ₹30,286 Cr
HDFC Corporate Bond Fund is a Corporate Bond debt fund from HDFC Mutual Fund with ₹30,286 Cr under management, launched in 2010. Over three years it has returned 5.8% a year, against 6.8% for its category. The expense ratio is 0.63% and the SEBI riskometer reading is Moderate.
Performance
HDFC Corporate Bond Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.0% against +4.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.7% | −0.8 pts | 4.6% | 4.5% |
| 2Y | 4.8% | −0.5 pts | 5.3% | 5.4% |
| 3Y | 5.8% | −1.0 pts | 6.8% | 6.2% |
| 5Y | 6.3% | +0.5 pts | 5.8% | 6.4% |
| 7Y | 6.2% | 0.0 pts | 6.2% | 6.2% |
| 10Y | 6.7% | +0.1 pts | 6.5% | 6.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.3% | −0.3 pts | 0.0% | 0.0% |
| 3M | 0.0% | −0.5 pts | 0.5% | 0.5% |
| 6M | 2.9% | −0.1 pts | 3.0% | 2.9% |
| 1Y | 4.0% | −0.5 pts | 4.6% | 4.6% |
| 2Y | 5.8% | −0.3 pts | 6.1% | 6.2% |
| 3Y | 6.7% | −0.1 pts | 6.8% | 6.8% |
| 5Y | 5.9% | +0.1 pts | 5.8% | 5.8% |
| 7Y | 6.7% | +0.2 pts | 6.4% | 6.4% |
| 10Y | 7.0% | +0.5 pts | 6.5% | 6.7% |
Since launch (25 Jun 2010): 7.9%
Calendar-year returns
Category average11.8%
3.9%
3.3%
7.2%
8.5%
7.3%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.3% | −0.7 pts | 8.0% |
| 2024 | 8.5% | +0.1 pts | 8.4% |
| 2023 | 7.2% | 0.0 pts | 7.2% |
| 2022 | 3.3% | −0.2 pts | 3.5% |
| 2021 | 3.9% | −0.1 pts | 4.0% |
| 2020 | 11.8% | +0.8 pts | 11.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.63%
Expense ratio as on 16 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.53%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.10%
- Exit load
- Exit load of 0.25% if redeemed within 1 month
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Corporate Bond Index A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.52 | 0.97 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.74 | 1.62 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.93 | 1.35 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HDFC Corporate Bond Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt95.8%
- Other4.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Bajaj Finance Ltd. | Financial | 4.87% | ₹1,474 Cr | +13.64% | +13.48% | +12.52% |
| Others | Others | 4.57% | ₹1,368 Cr | +0.99% | +0.93% | +0.84% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.29% | ₹1,297 Cr | +4.44% | +4.24% | +3.96% |
| State Bank of India | Financial | 2.76% | ₹838 Cr | +0.24% | +0.24% | +2.22% |
| LIC Housing Finance Ltd. | Financial | 2.06% | ₹625 Cr | +0.40% | +3.80% | +3.55% |
| Bajaj Housing Finance Ltd. | Financial | 2.03% | ₹615 Cr | +1.24% | +1.20% | +1.12% |
| GOI | Sovereign | 1.95% | ₹590 Cr | +5.32% | +0.06% | +5.16% |
| HDFC Bank Ltd. | Financial | 1.48% | ₹447 Cr | +0.62% | +0.58% | +0.54% |
| National Bank For Financing Infrastructure And Development | Financial | 1.44% | ₹438 Cr | +1.58% | +1.52% | +1.42% |
| Indian Railway Finance Corporation Ltd. | Financial | 1.43% | ₹433 Cr | +1.47% | +1.41% | +1.32% |
| Siddhivinayak Securitisation Trust | Others | 1.39% | ₹421 Cr | +1.35% | +1.30% | — |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 1.30% | ₹393 Cr | +1.26% | +1.20% | +1.12% |
| SMFG India Credit Company Ltd. | Financial | 1.24% | ₹376 Cr | +0.80% | +0.76% | +0.72% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.08% | ₹327 Cr | +0.96% | +0.93% | +0.87% |
| Power Grid Corporation Of India Ltd. | Energy | 1.07% | ₹323 Cr | +1.02% | +0.99% | +0.99% |
| Kotak Mahindra Investments Ltd. | Financial | 1.00% | ₹301 Cr | +0.42% | +0.40% | +0.36% |
| National Housing Bank | Financial | 0.99% | ₹298 Cr | +0.95% | +0.91% | +0.28% |
| Shivshakti Securitisation Trust | Others | 0.89% | ₹271 Cr | +0.87% | +0.84% | — |
| Mangalore Refinery And Petrochemicals Ltd. | Energy | 0.81% | ₹245 Cr | +0.79% | +0.75% | +0.70% |
| John Deere Financial India Pvt. Ltd. | Financial | 0.79% | ₹240 Cr | +0.77% | +0.73% | +0.68% |
| National Bank For Agriculture & Rural Development | Financial | 0.75% | ₹227 Cr | +0.24% | +0.24% | +0.21% |
| Tata Capital Housing Finance Ltd. | Financial | 0.73% | ₹220 Cr | +0.19% | +0.18% | +0.17% |
| Power Finance Corporation Ltd. | Financial | 0.70% | ₹215 Cr | +0.32% | +0.32% | +0.28% |
| Ascendas IT Park (Pune) Private Limited | Others | 0.65% | ₹196 Cr | +0.63% | +0.60% | — |
| company:7002 | Materials | 0.59% | ₹178 Cr | — | — | — |
| Housing & Urban Development Corporation Ltd. | Financial | 0.50% | ₹150 Cr | +0.62% | +0.60% | +0.56% |
| Indian Oil Corporation Ltd. | Energy | 0.50% | ₹150 Cr | +0.64% | +0.60% | +0.56% |
| Nomura Capital (India) Pvt Ltd. | Financial | 0.46% | ₹141 Cr | +0.64% | +0.62% | +0.56% |
| REC Ltd. | Financial | 0.44% | ₹136 Cr | +0.75% | +0.72% | +0.66% |
| Nuclear Power Corpn. Of India Ltd. | Energy | 0.42% | ₹125 Cr | +0.32% | +0.30% | +0.28% |
| Toyota Financial Services Ltd. | Financial | 0.41% | ₹125 Cr | +0.40% | +0.38% | +0.35% |
| Rajasthan State | Others | 0.34% | ₹102 Cr | +0.33% | +0.08% | +0.07% |
| India Universal Trust AL1 | Others | 0.33% | ₹99.62 Cr | +0.36% | +0.37% | +0.40% |
| Jio Credit Ltd. | Financial | 0.33% | ₹100 Cr | — | — | — |
| Kerala State | Others | 0.33% | ₹100 Cr | +0.32% | +0.30% | +0.28% |
| Kotak Mahindra Prime Ltd. | Financial | 0.33% | ₹100 Cr | +0.32% | +0.31% | +0.28% |
| HDB Financial Services Ltd. | Financial | 0.25% | ₹75.23 Cr | +0.70% | +0.66% | +0.71% |
| Jharkhand State | Others | 0.25% | ₹75.84 Cr | +0.24% | +0.23% | +0.22% |
| Reliance Industries Ltd. | Energy | 0.25% | ₹77.17 Cr | +0.16% | +0.16% | +2.22% |
| Gujarat State | Construction | 0.23% | ₹70.66 Cr | +0.22% | +0.21% | +0.20% |
| National Highways Authority of India Ltd. | Services | 0.22% | ₹66.54 Cr | +0.26% | +0.26% | +0.24% |
| Chhattisgarh State | Others | 0.17% | ₹50.54 Cr | +0.16% | +0.15% | +0.14% |
| Haryana State | Others | 0.17% | ₹50.11 Cr | +0.16% | +0.15% | +0.04% |
| L&T Finance Ltd. | Financial | 0.17% | ₹50.16 Cr | +0.16% | +0.15% | +0.14% |
| Nomura Fixed Income Securities Pvt. Ltd. | Financial | 0.17% | ₹50.09 Cr | +0.16% | +0.15% | +0.14% |
| Andhra Pradesh State | Financial | 0.16% | ₹49.73 Cr | +0.16% | +0.15% | +0.14% |
| Bihar State | Others | 0.16% | ₹49.94 Cr | +0.16% | +0.15% | +0.14% |
| Export-Import Bank Of India | Financial | 0.16% | ₹49.97 Cr | +0.16% | +0.28% | +0.07% |
| Himachal Pradesh State | Others | 0.16% | ₹48.78 Cr | +0.16% | +0.15% | — |
| Puducherry State | Others | 0.16% | ₹49.14 Cr | +0.16% | +0.15% | — |
| Tata Communications Ltd. | Communication | 0.16% | ₹49.19 Cr | +0.16% | +0.15% | +0.14% |
| Fullerton India Home Finance Ltd. | Financial | 0.08% | ₹25.01 Cr | +0.08% | +0.08% | +0.07% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 0.08% | ₹25.06 Cr | +0.08% | +0.08% | +0.07% |
| NTPC Ltd. | Energy | 0.08% | ₹25.55 Cr | +0.08% | +0.08% | +0.07% |
| Tata Capital Ltd. | Financial | 0.08% | ₹25.05 Cr | — | — | — |
| NHPC Ltd. | Energy | 0.07% | ₹21.75 Cr | +0.07% | +0.07% | +0.08% |
| Madhya Pradesh State | Others | 0.05% | ₹15.00 Cr | +0.05% | +0.05% | — |
| Sikka Ports and Terminals Ltd. | Energy | 0.02% | ₹5.01 Cr | +0.05% | +0.05% | +0.04% |
| Tamilnadu State | Others | 0.02% | ₹4.75 Cr | +0.02% | +0.01% | +0.01% |
| company:6961 | Others | 0.00% | ₹1.03 Cr | — | — | — |
| Maharashtra State | Others | 0.00% | ₹0.65 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:7002 | 0.00% | 0.59% | +0.59% |
| Tata Capital Housing Finance Ltd. | 0.20% | 0.73% | +0.53% |
| National Bank For Agriculture & Rural Development | 0.08% | 0.41% | +0.33% |
| Canara Bank | 0.24% | 0.00% | -0.24% |
| GOI | 1.61% | 1.53% | -0.08% |
| National Highways Authority of India Ltd. | 0.08% | 0.14% | +0.06% |
| Sikka Ports and Terminals Ltd. | 0.05% | 0.02% | -0.03% |
| Bihar State | 0.13% | 0.16% | +0.03% |
| India Universal Trust AL1 | 0.35% | 0.33% | -0.02% |
| Siddhivinayak Securitisation Trust | 1.37% | 1.39% | +0.02% |
| Ascendas IT Park (Pune) Private Limited | 0.64% | 0.65% | +0.01% |
| Haryana State | 0.16% | 0.17% | +0.01% |
| Indian Railway Finance Corporation Ltd. | 0.50% | 0.51% | +0.01% |
| John Deere Financial India Pvt. Ltd. | 0.78% | 0.79% | +0.01% |
| Kotak Mahindra Investments Ltd. | 0.21% | 0.22% | +0.01% |
| L&T Finance Ltd. | 0.16% | 0.17% | +0.01% |
| National Housing Bank | 0.98% | 0.99% | +0.01% |
| Nomura Fixed Income Securities Pvt. Ltd. | 0.16% | 0.17% | +0.01% |
| Nuclear Power Corpn. Of India Ltd. | 0.16% | 0.17% | +0.01% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 1.29% | 1.30% | +0.01% |
| Shivshakti Securitisation Trust | 0.88% | 0.89% | +0.01% |
| Small Industries Devp. Bank of India Ltd. | 1.14% | 1.15% | +0.01% |
| Others | 0.34% | 0.35% | +0.01% |
| Power Grid Corporation Of India Ltd. | 0.35% | 0.34% | -0.01% |
| Bajaj Finance Ltd. | 3.51% | 3.50% | -0.01% |
| company:6961 | 0.00% | 0.00% | 0.00% |
| Maharashtra State | 0.00% | 0.00% | 0.00% |
| Andhra Pradesh State | 0.16% | 0.16% | 0.00% |
| Bajaj Housing Finance Ltd. | 0.32% | 0.32% | 0.00% |
| Chhattisgarh State | 0.17% | 0.17% | 0.00% |
| Export-Import Bank Of India | 0.16% | 0.16% | 0.00% |
| Fullerton India Home Finance Ltd. | 0.08% | 0.08% | 0.00% |
| Gujarat State | 0.23% | 0.23% | 0.00% |
| HDB Financial Services Ltd. | 0.25% | 0.25% | 0.00% |
| HDFC Bank Ltd. | 0.32% | 0.32% | 0.00% |
| Himachal Pradesh State | 0.16% | 0.16% | 0.00% |
| Hindustan Petroleum Corporation Ltd. | 0.33% | 0.33% | 0.00% |
| Housing & Urban Development Corporation Ltd. | 0.33% | 0.33% | 0.00% |
| Indian Oil Corporation Ltd. | 0.33% | 0.33% | 0.00% |
| Jamnagar Utilities and Power Pvt. Ltd. | 0.08% | 0.08% | 0.00% |
| Jharkhand State | 0.25% | 0.25% | 0.00% |
| Jio Credit Ltd. | 0.33% | 0.33% | 0.00% |
| Kerala State | 0.33% | 0.33% | 0.00% |
| Kotak Mahindra Prime Ltd. | 0.33% | 0.33% | 0.00% |
| LIC Housing Finance Ltd. | 0.08% | 0.08% | 0.00% |
| Madhya Pradesh State | 0.05% | 0.05% | 0.00% |
| Mangalore Refinery And Petrochemicals Ltd. | 0.81% | 0.81% | 0.00% |
| NHPC Ltd. | 0.07% | 0.07% | 0.00% |
| NTPC Ltd. | 0.08% | 0.08% | 0.00% |
| National Bank For Financing Infrastructure And Development | 0.81% | 0.81% | 0.00% |
| Nomura Capital (India) Pvt Ltd. | 0.33% | 0.33% | 0.00% |
| Power Finance Corporation Ltd. | 0.08% | 0.08% | 0.00% |
| Puducherry State | 0.16% | 0.16% | 0.00% |
| REC Ltd. | 0.25% | 0.25% | 0.00% |
| Rajasthan State | 0.34% | 0.34% | 0.00% |
| Reliance Industries Ltd. | 0.08% | 0.08% | 0.00% |
| SMFG India Credit Company Ltd. | 0.41% | 0.41% | 0.00% |
| State Bank of India | 0.08% | 0.08% | 0.00% |
| Tamilnadu State | 0.02% | 0.02% | 0.00% |
| Tata Capital Ltd. | 0.08% | 0.08% | 0.00% |
| Tata Communications Ltd. | 0.16% | 0.16% | 0.00% |
| Toyota Financial Services Ltd. | 0.41% | 0.41% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹10,225 Cr | 0.58% | 5.3% | 6.6% | 6.7% |
 ICICI Prudential Corporate Bond Fund | ₹29,688 Cr | 0.60% | 5.0% | 6.6% | 6.9% |
 Bandhan Corporate Bond Fund | ₹13,626 Cr | 0.68% | 5.4% | 6.5% | 6.5% |
 UTI Corporate Bond Fund | ₹4,718 Cr | 0.61% | 4.7% | 6.3% | 6.5% |
 DSP Corporate Bond Fund | ₹2,816 Cr | 0.53% | 6.0% | 6.8% | 6.7% |
 Baroda BNP Paribas Corporate Bond Fund | ₹275 Cr | 0.50% | 5.6% | 6.9% | 6.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds.
Fund managers
- Anupam JoshiMr. Joshi is a PGDM in Business Management.Prior to joining HDFC Mutual Fund he has worked with IDFC AMC, Principal Asset Management Company and ICAP India Pvt. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.85% absolute | ₹60,000 | ₹61,710 | 2.85% | |
| 1 year4.05% annualised | ₹1,20,000 | ₹1,22,665 | 2.22% | |
| 3 years6.66% annualised | ₹3,60,000 | ₹3,99,474 | 10.96% | |
| 5 years5.90% annualised | ₹6,00,000 | ₹6,99,332 | 16.56% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of HDFC Corporate Bond Fund?
The NAV of HDFC Corporate Bond Fund is ₹34.29 as on 25 Sep 2026.
What is the expense ratio of HDFC Corporate Bond Fund?
The expense ratio of HDFC Corporate Bond Fund is 0.63% per year.
What is the minimum SIP amount for HDFC Corporate Bond Fund?
You can start a SIP in HDFC Corporate Bond Fund with ₹3,000 a month.
What returns has HDFC Corporate Bond Fund given?
HDFC Corporate Bond Fund has returned 3.7% over 1 year, 5.8% over 3 years and 6.3% over 5 years (annualised).
Is there a lock-in or exit load on HDFC Corporate Bond Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 1 month.
How risky is HDFC Corporate Bond Fund?
HDFC Corporate Bond Fund is rated Moderate on the SEBI riskometer and belongs to the Corporate Bond category.
Which fund house manages HDFC Corporate Bond Fund?
HDFC Corporate Bond Fund is managed by HDFC Mutual Fund, which runs 85 schemes with ₹9,61,940 Cr under management.