HDFC Corporate Bond Fund
Corporate BondModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹34.43+0.07%1 day
- Return since launch
- 7.8%
- 52-week range
- ₹33.27 — ₹34.55
- AUM
- ₹28,928 Cr
HDFC Corporate Bond Fund is a Corporate Bond debt fund from HDFC Mutual Fund with ₹28,928 Cr under management, launched in 2010. Over three years it has returned 5.5% a year, against 6.7% 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 +3.3% against +4.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.5% | −0.6 pts | 4.0% | 4.1% |
| 2Y | 4.4% | −0.6 pts | 5.0% | 5.0% |
| 3Y | 5.5% | −1.3 pts | 6.7% | 5.9% |
| 5Y | 6.2% | +0.3 pts | 5.9% | 6.3% |
| 7Y | 6.1% | 0.0 pts | 6.1% | 6.1% |
| 10Y | 6.6% | +0.1 pts | 6.5% | 6.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.7% | +0.1 pts | 0.6% | 0.5% |
| 3M | -0.3% | −0.6 pts | 0.3% | 0.3% |
| 6M | 2.4% | −0.2 pts | 2.6% | 2.6% |
| 1Y | 3.4% | −0.7 pts | 4.0% | 4.0% |
| 2Y | 5.5% | −0.5 pts | 6.0% | 6.0% |
| 3Y | 6.6% | −0.1 pts | 6.7% | 6.8% |
| 5Y | 5.9% | 0.0 pts | 5.9% | 5.9% |
| 7Y | 6.5% | +0.3 pts | 6.3% | 6.3% |
| 10Y | 6.9% | +0.4 pts | 6.5% | 6.6% |
Since launch (25 Jun 2010): 7.8%
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 4 Nov 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 | 0.29 | 0.88 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.42 | 1.50 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.08 | 1.44 | 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 30 Sep 2026
Asset allocation
- Debt95.6%
- Other4.4%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Bajaj Finance Ltd. | Financial | 4.94% | ₹1,457 Cr | +14.08% | +13.96% | +12.64% |
| Others | Others | 4.51% | ₹1,317 Cr | +1.02% | +0.99% | +0.84% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.48% | ₹1,319 Cr | +4.60% | +4.48% | +4.00% |
| State Bank of India | Financial | 2.78% | ₹820 Cr | +0.24% | +0.24% | +2.52% |
| LIC Housing Finance Ltd. | Financial | 2.12% | ₹623 Cr | +0.40% | +4.05% | +3.60% |
| Bajaj Housing Finance Ltd. | Financial | 2.06% | ₹609 Cr | +1.28% | +1.28% | +1.12% |
| GOI | Sovereign | 1.69% | ₹498 Cr | +3.38% | +5.36% | +5.18% |
| National Bank For Financing Infrastructure And Development | Financial | 1.47% | ₹432 Cr | +1.62% | +1.58% | +1.42% |
| Indian Railway Finance Corporation Ltd. | Financial | 1.46% | ₹431 Cr | +1.53% | +1.50% | +1.32% |
| Siddhivinayak Securitisation Trust | Others | 1.38% | ₹406 Cr | +1.37% | +1.35% | +1.20% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 1.33% | ₹392 Cr | +1.29% | +1.27% | +1.12% |
| SMFG India Credit Company Ltd. | Financial | 1.27% | ₹375 Cr | +0.82% | +0.80% | +0.72% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.10% | ₹325 Cr | +0.99% | +0.96% | +0.87% |
| Power Grid Corporation Of India Ltd. | Energy | 1.09% | ₹321 Cr | +1.05% | +1.05% | +0.99% |
| Kotak Mahindra Investments Ltd. | Financial | 1.02% | ₹300 Cr | +0.42% | +0.42% | +0.38% |
| National Housing Bank | Financial | 1.00% | ₹294 Cr | +0.98% | +0.96% | +0.29% |
| Shivshakti Securitisation Trust | Others | 0.89% | ₹263 Cr | +0.88% | +0.87% | +0.78% |
| Mangalore Refinery And Petrochemicals Ltd. | Energy | 0.83% | ₹244 Cr | +0.81% | +0.79% | +0.70% |
| John Deere Financial India Pvt. Ltd. | Financial | 0.81% | ₹239 Cr | +0.78% | +0.77% | +0.69% |
| Tata Capital Housing Finance Ltd. | Financial | 0.75% | ₹220 Cr | +0.20% | +0.19% | +0.17% |
| Power Finance Corporation Ltd. | Financial | 0.73% | ₹214 Cr | +0.32% | +0.32% | +0.28% |
| HDFC Bank Ltd. | Financial | 0.67% | ₹195 Cr | +0.64% | +0.62% | +0.84% |
| Ascendas IT Park (Pune) Private Limited | Others | 0.66% | ₹196 Cr | +0.64% | +0.63% | — |
| Ultratech Cement Ltd. | Materials | 0.60% | ₹177 Cr | — | — | — |
| Indian Oil Corporation Ltd. | Energy | 0.51% | ₹150 Cr | +0.66% | +0.64% | +0.58% |
| Housing & Urban Development Corporation Ltd. | Financial | 0.50% | ₹148 Cr | +0.66% | +0.64% | +0.56% |
| Nomura Capital (India) Pvt Ltd. | Financial | 0.48% | ₹140 Cr | +0.66% | +0.66% | +0.58% |
| REC Ltd. | Financial | 0.46% | ₹135 Cr | +0.75% | +0.75% | +0.66% |
| National Bank For Agriculture & Rural Development | Financial | 0.43% | ₹127 Cr | +0.24% | +0.24% | +0.21% |
| Nuclear Power Corpn. Of India Ltd. | Energy | 0.42% | ₹124 Cr | +0.32% | +0.32% | +0.28% |
| Toyota Financial Services Ltd. | Financial | 0.42% | ₹125 Cr | +0.41% | +0.40% | +0.36% |
| Jio Credit Ltd. | Financial | 0.34% | ₹98.89 Cr | +0.33% | — | — |
| Kotak Mahindra Prime Ltd. | Financial | 0.34% | ₹99.82 Cr | +0.33% | +0.32% | +0.29% |
| Rajasthan State | Others | 0.34% | ₹101 Cr | +0.34% | +0.08% | +0.07% |
| Kerala State | Others | 0.33% | ₹98.49 Cr | +0.33% | +0.32% | +0.29% |
| India Universal Trust AL1 | Others | 0.30% | ₹88.85 Cr | +0.36% | +0.39% | +0.40% |
| Reliance Industries Ltd. | Energy | 0.26% | ₹76.89 Cr | +0.16% | +0.16% | +0.14% |
| HDB Financial Services Ltd. | Financial | 0.25% | ₹74.80 Cr | +0.25% | +0.71% | +0.72% |
| Jharkhand State | Others | 0.25% | ₹75.04 Cr | +0.25% | +0.24% | +0.22% |
| Gujarat State | Construction | 0.24% | ₹69.59 Cr | +0.23% | +0.23% | +0.20% |
| National Highways Authority of India Ltd. | Services | 0.23% | ₹66.34 Cr | +0.26% | +0.26% | +0.24% |
| Andhra Pradesh State | Financial | 0.17% | ₹48.96 Cr | +0.16% | +0.16% | +0.14% |
| Bihar State | Others | 0.17% | ₹49.06 Cr | +0.16% | +0.16% | +0.14% |
| Chhattisgarh State | Others | 0.17% | ₹50.00 Cr | +0.17% | +0.16% | +0.14% |
| Export-Import Bank Of India | Financial | 0.17% | ₹49.82 Cr | +0.16% | +0.08% | +0.07% |
| L&T Finance Ltd. | Financial | 0.17% | ₹50.10 Cr | +0.16% | +0.16% | +0.14% |
| Nomura Fixed Income Securities Pvt. Ltd. | Financial | 0.17% | ₹50.01 Cr | +0.16% | +0.16% | +0.14% |
| Tata Communications Ltd. | Communication | 0.17% | ₹49.06 Cr | +0.16% | +0.16% | +0.14% |
| Himachal Pradesh State | Others | 0.16% | ₹47.89 Cr | +0.16% | +0.16% | — |
| Puducherry State | Others | 0.16% | ₹48.45 Cr | +0.16% | +0.16% | +0.14% |
| NTPC Ltd. | Energy | 0.09% | ₹25.45 Cr | +0.08% | +0.08% | +0.07% |
| Fullerton India Home Finance Ltd. | Financial | 0.08% | ₹24.99 Cr | +0.08% | +0.08% | +0.07% |
| Haryana State | Others | 0.08% | ₹24.50 Cr | +0.16% | +0.16% | +0.21% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 0.08% | ₹24.99 Cr | +0.08% | +0.08% | +0.07% |
| Larsen & Toubro Ltd. | Construction | 0.08% | ₹24.81 Cr | — | — | — |
| Tata Capital Ltd. | Financial | 0.08% | ₹24.96 Cr | — | — | — |
| NHPC Ltd. | Energy | 0.07% | ₹21.69 Cr | +0.07% | +0.07% | +0.08% |
| Madhya Pradesh State | Others | 0.05% | ₹14.65 Cr | +0.05% | +0.05% | — |
| Tamilnadu State | Others | 0.02% | ₹4.72 Cr | +0.02% | +0.02% | +0.01% |
| Uttar Pradesh State | Others | 0.00% | ₹1.02 Cr | — | — | — |
| Maharashtra State | Others | 0.00% | ₹0.64 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | 0.41% | 0.17% | -0.24% |
| Haryana State | 0.17% | 0.08% | -0.09% |
| Larsen & Toubro Ltd. | 0.00% | 0.08% | +0.08% |
| Bajaj Finance Ltd. | 3.50% | 3.55% | +0.05% |
| GOI | 1.53% | 1.50% | -0.03% |
| India Universal Trust AL1 | 0.33% | 0.30% | -0.03% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 1.30% | 1.33% | +0.03% |
| Small Industries Devp. Bank of India Ltd. | 1.15% | 1.18% | +0.03% |
| HDFC Bank Ltd. | 0.32% | 0.34% | +0.02% |
| John Deere Financial India Pvt. Ltd. | 0.79% | 0.81% | +0.02% |
| Tata Capital Housing Finance Ltd. | 0.73% | 0.75% | +0.02% |
| company:11725 | 0.02% | 0.00% | -0.02% |
| Mangalore Refinery And Petrochemicals Ltd. | 0.81% | 0.83% | +0.02% |
| National Bank For Financing Infrastructure And Development | 0.81% | 0.83% | +0.02% |
| Andhra Pradesh State | 0.16% | 0.17% | +0.01% |
| Ascendas IT Park (Pune) Private Limited | 0.65% | 0.66% | +0.01% |
| Bihar State | 0.16% | 0.17% | +0.01% |
| Export-Import Bank Of India | 0.16% | 0.17% | +0.01% |
| Hindustan Petroleum Corporation Ltd. | 0.33% | 0.34% | +0.01% |
| Indian Oil Corporation Ltd. | 0.33% | 0.34% | +0.01% |
| Indian Railway Finance Corporation Ltd. | 0.51% | 0.52% | +0.01% |
| Jio Credit Ltd. | 0.33% | 0.34% | +0.01% |
| Kotak Mahindra Prime Ltd. | 0.33% | 0.34% | +0.01% |
| National Housing Bank | 0.99% | 1.00% | +0.01% |
| Nomura Capital (India) Pvt Ltd. | 0.33% | 0.34% | +0.01% |
| Others | 0.35% | 0.36% | +0.01% |
| REC Ltd. | 0.25% | 0.26% | +0.01% |
| SMFG India Credit Company Ltd. | 0.41% | 0.42% | +0.01% |
| Siddhivinayak Securitisation Trust | 1.39% | 1.38% | -0.01% |
| Tata Communications Ltd. | 0.16% | 0.17% | +0.01% |
| Toyota Financial Services Ltd. | 0.41% | 0.42% | +0.01% |
| Ultratech Cement Ltd. | 0.59% | 0.60% | +0.01% |
| NTPC Ltd. | 0.08% | 0.09% | +0.01% |
| Power Finance Corporation Ltd. | 0.08% | 0.09% | +0.01% |
| Reliance Industries Ltd. | 0.08% | 0.09% | +0.01% |
| Gujarat State | 0.23% | 0.24% | +0.01% |
| Uttar Pradesh State | 0.00% | 0.00% | 0.00% |
| Maharashtra State | 0.00% | 0.00% | 0.00% |
| Bajaj Housing Finance Ltd. | 0.32% | 0.32% | 0.00% |
| Chhattisgarh State | 0.17% | 0.17% | 0.00% |
| Fullerton India Home Finance Ltd. | 0.08% | 0.08% | 0.00% |
| HDB Financial Services Ltd. | 0.25% | 0.25% | 0.00% |
| Himachal Pradesh State | 0.16% | 0.16% | 0.00% |
| Housing & Urban Development 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% |
| Kerala State | 0.33% | 0.33% | 0.00% |
| Kotak Mahindra Investments Ltd. | 0.22% | 0.22% | 0.00% |
| L&T Finance Ltd. | 0.17% | 0.17% | 0.00% |
| LIC Housing Finance Ltd. | 0.08% | 0.08% | 0.00% |
| Madhya Pradesh State | 0.05% | 0.05% | 0.00% |
| NHPC Ltd. | 0.07% | 0.07% | 0.00% |
| National Highways Authority of India Ltd. | 0.14% | 0.14% | 0.00% |
| Nomura Fixed Income Securities Pvt. Ltd. | 0.17% | 0.17% | 0.00% |
| Nuclear Power Corpn. Of India Ltd. | 0.17% | 0.17% | 0.00% |
| Power Grid Corporation Of India Ltd. | 0.34% | 0.34% | 0.00% |
| Puducherry State | 0.16% | 0.16% | 0.00% |
| Rajasthan State | 0.34% | 0.34% | 0.00% |
| Shivshakti Securitisation Trust | 0.89% | 0.89% | 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% |
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 | ₹10,227 Cr | 0.65% | 5.0% | 6.4% | 6.6% |
 ICICI Prudential Corporate Bond Fund | ₹27,506 Cr | 0.60% | 4.6% | 6.3% | 6.8% |
 Bandhan Corporate Bond Fund | ₹13,428 Cr | 0.68% | 4.8% | 6.2% | 6.4% |
 Axis Corporate Bond Fund | ₹7,309 Cr | 0.98% | 4.4% | 6.1% | 6.5% |
 DSP Corporate Bond Fund | ₹2,629 Cr | 0.50% | 5.8% | 6.6% | 6.6% |
 Baroda BNP Paribas Corporate Bond Fund | ₹263 Cr | 0.50% | 5.4% | 6.7% | 6.8% |
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 months2.40% absolute | ₹60,000 | ₹61,440 | 2.40% | |
| 1 year3.35% annualised | ₹1,20,000 | ₹1,22,200 | 1.83% | |
| 3 years6.62% annualised | ₹3,60,000 | ₹3,99,221 | 10.89% | |
| 5 years5.93% annualised | ₹6,00,000 | ₹6,99,888 | 16.65% |
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 ₹34.43 as on 9 Nov 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 3.5% over 1 year, 5.5% over 3 years and 6.2% 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 86 schemes with ₹9,96,954 Cr under management.