HSBC Corporate Bond Fund
Corporate BondLow to ModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹77.91-0.10%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹74.27 — ₹78.07
- AUM
- ₹6,058 Cr
HSBC Corporate Bond Fund is a Corporate Bond debt fund from HSBC Mutual Fund with ₹6,058 Cr under management, launched in 1997. Over three years it has returned 6.5% a year, against 6.8% for its category. The expense ratio is 0.60% and the SEBI riskometer reading is Low to Moderate.
Performance
HSBC Corporate Bond Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.9% against +4.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.9% | +0.2 pts | 4.7% | 4.6% |
| 2Y | 5.7% | +0.3 pts | 5.4% | 5.4% |
| 3Y | 6.5% | −0.3 pts | 6.8% | 6.2% |
| 5Y | 6.5% | +0.7 pts | 5.8% | 6.4% |
| 7Y | 6.3% | +0.1 pts | 6.2% | 6.2% |
| 10Y | 6.7% | +0.2 pts | 6.5% | 6.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.2% | +0.1 pts | 0.1% | 0.1% |
| 3M | 0.9% | +0.2 pts | 0.7% | 0.7% |
| 6M | 3.0% | +0.1 pts | 2.9% | 2.9% |
| 1Y | 4.9% | +0.2 pts | 4.7% | 4.7% |
| 2Y | 6.5% | +0.3 pts | 6.2% | 6.3% |
| 3Y | 7.0% | +0.2 pts | 6.8% | 6.8% |
| 5Y | 5.7% | −0.1 pts | 5.8% | 5.9% |
| 7Y | 6.7% | +0.3 pts | 6.5% | 6.4% |
| 10Y | 6.6% | 0.0 pts | 6.5% | 6.7% |
Since launch (10 Feb 1997): 7.1%
Calendar-year returns
Category average12.4%
3.8%
2.2%
6.4%
8.0%
8.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.0% | 0.0 pts | 8.0% |
| 2024 | 8.0% | −0.4 pts | 8.4% |
| 2023 | 6.4% | −0.7 pts | 7.2% |
| 2022 | 2.2% | −1.3 pts | 3.5% |
| 2021 | 3.8% | −0.2 pts | 4.0% |
| 2020 | 12.4% | +1.4 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
0.60%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.51%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.09%
- Exit load
- Exit load of 0.50% if redeeemed within 3 months
- 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.
Low to Moderate
Your principal is treated as being at low to moderate risk — typically short duration debt 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 | 0.75 | 0.97 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.29 | 1.62 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.53 | 1.35 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HSBC Corporate Bond Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt99.5%
- Other0.5%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| NTPC Ltd. | Energy | 5.59% | ₹339 Cr | +6.02% | +6.46% | +7.86% |
| Indian Oil Corporation Ltd. | Energy | 5.23% | ₹317 Cr | +5.50% | +5.16% | +5.37% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.64% | ₹281 Cr | +5.38% | +5.00% | +3.46% |
| Power Grid Corporation Of India Ltd. | Energy | 4.58% | ₹277 Cr | +4.87% | +4.53% | +4.58% |
| National Bank For Agriculture & Rural Development | Financial | 3.21% | ₹195 Cr | +0.88% | +6.10% | +5.90% |
| LIC Housing Finance Ltd. | Financial | 3.13% | ₹190 Cr | +3.72% | +3.46% | +0.82% |
| Bajaj Finance Ltd. | Financial | 2.77% | ₹168 Cr | +3.44% | +6.76% | +7.16% |
| Power Finance Corporation Ltd. | Financial | 2.57% | ₹155 Cr | +2.14% | +1.98% | +2.49% |
| Indian Railway Finance Corporation Ltd. | Financial | 2.56% | ₹155 Cr | +2.61% | +2.61% | +3.78% |
| Bajaj Housing Finance Ltd. | Financial | 2.51% | ₹152 Cr | +2.54% | +2.54% | +2.46% |
| Embassy Office Parks REIT | Construction | 2.50% | ₹151 Cr | +1.32% | +1.23% | +4.89% |
| Export-Import Bank Of India | Financial | 2.48% | ₹150 Cr | +3.50% | +3.50% | +3.38% |
| REC Ltd. | Financial | 2.23% | ₹135 Cr | +0.02% | +2.94% | +2.96% |
| Jio Credit Ltd. | Financial | 2.11% | ₹128 Cr | +1.56% | +1.53% | +1.23% |
| Sundaram Finance Ltd. | Financial | 2.08% | ₹126 Cr | +2.56% | +2.54% | +1.64% |
| Radhakrishna Securitisation Trust | Others | 2.03% | ₹123 Cr | +2.13% | +2.04% | — |
| Tamilnadu State | Others | 1.94% | ₹118 Cr | +0.25% | — | — |
| Reliance Industries Ltd. | Energy | 1.81% | ₹110 Cr | +1.84% | +1.72% | — |
| Tata Capital Ltd. | Financial | 1.72% | ₹104 Cr | +1.74% | +2.50% | +1.70% |
| National Highways Authority of India Ltd. | Services | 1.42% | ₹85.78 Cr | +1.80% | +1.68% | +6.92% |
| Bharti Telecom Ltd. | Communication | 1.27% | ₹77.23 Cr | +1.30% | +0.82% | — |
| Ultratech Cement Ltd. | Materials | 1.24% | ₹75.11 Cr | — | — | — |
| Hindustan Zinc Ltd. | Metals & Mining | 1.11% | ₹67.23 Cr | +1.14% | +1.30% | +1.26% |
| GOI | Sovereign | 1.04% | ₹62.93 Cr | +1.24% | +1.63% | +2.22% |
| Kotak Mahindra Prime Ltd. | Financial | 0.89% | ₹53.90 Cr | +0.92% | +0.85% | +0.82% |
| Karnataka State | Others | 0.87% | ₹52.98 Cr | +0.89% | +0.87% | +1.67% |
| Tata Cleantech Capital Ltd | Financial | 0.84% | ₹51.00 Cr | +0.93% | +0.86% | — |
| Others | Others | 0.83% | ₹50.14 Cr | +1.11% | +1.02% | +0.99% |
| Mindspace Business Parks REIT | Construction | 0.76% | ₹46.34 Cr | +0.79% | +0.75% | — |
| Maharashtra State | Others | 0.52% | ₹31.58 Cr | +0.53% | +0.52% | — |
| Housing & Urban Development Corporation Ltd. | Financial | 0.43% | ₹26.32 Cr | +0.44% | +0.43% | +0.43% |
| Larsen & Toubro Ltd. | Construction | 0.43% | ₹25.76 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 0.38% | ₹22.76 Cr | +1.28% | +1.29% | +2.55% |
| Gujarat State | Construction | 0.34% | ₹20.65 Cr | +0.36% | +0.34% | +0.33% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tamilnadu State | 0.25% | 1.94% | +1.69% |
| Power Finance Corporation Ltd. | 1.24% | 2.57% | +1.33% |
| National Bank For Agriculture & Rural Development | 0.77% | 0.32% | -0.45% |
| Bajaj Finance Ltd. | 0.86% | 0.42% | -0.44% |
| Jio Credit Ltd. | 1.71% | 2.11% | +0.40% |
| Power Grid Corporation Of India Ltd. | 4.83% | 4.58% | -0.25% |
| GOI | 1.23% | 1.04% | -0.19% |
| Indian Oil Corporation Ltd. | 5.33% | 5.23% | -0.10% |
| NTPC Ltd. | 2.80% | 2.75% | -0.05% |
| Small Industries Devp. Bank of India Ltd. | 2.66% | 2.62% | -0.04% |
| Radhakrishna Securitisation Trust | 2.06% | 2.03% | -0.03% |
| Export-Import Bank Of India | 1.74% | 1.71% | -0.03% |
| Bharti Telecom Ltd. | 1.29% | 1.27% | -0.02% |
| Karnataka State | 0.89% | 0.87% | -0.02% |
| Kotak Mahindra Prime Ltd. | 0.91% | 0.89% | -0.02% |
| LIC Housing Finance Ltd. | 1.33% | 1.31% | -0.02% |
| Mindspace Business Parks REIT | 0.78% | 0.76% | -0.02% |
| REC Ltd. | 0.88% | 0.86% | -0.02% |
| Sundaram Finance Ltd. | 1.27% | 1.25% | -0.02% |
| Ultratech Cement Ltd. | 1.26% | 1.24% | -0.02% |
| Gujarat State | 0.36% | 0.34% | -0.02% |
| Hindustan Zinc Ltd. | 1.13% | 1.11% | -0.02% |
| Bajaj Housing Finance Ltd. | 0.84% | 0.83% | -0.01% |
| Housing & Urban Development Corporation Ltd. | 0.44% | 0.43% | -0.01% |
| Indian Railway Finance Corporation Ltd. | 0.86% | 0.85% | -0.01% |
| Maharashtra State | 0.53% | 0.52% | -0.01% |
| National Highways Authority of India Ltd. | 0.90% | 0.89% | -0.01% |
| Reliance Industries Ltd. | 0.91% | 0.90% | -0.01% |
| Tata Capital Ltd. | 0.85% | 0.84% | -0.01% |
| Tata Cleantech Capital Ltd | 0.85% | 0.84% | -0.01% |
| Embassy Office Parks REIT | 0.42% | 0.42% | 0.00% |
| HDFC Bank Ltd. | 0.38% | 0.38% | 0.00% |
| Larsen & Toubro Ltd. | 0.43% | 0.43% | 0.00% |
| Others | 0.36% | 0.36% | 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% | 5.5% | 6.7% | 6.7% |
 ICICI Prudential Corporate Bond Fund | ₹29,688 Cr | 0.60% | 5.2% | 6.6% | 6.9% |
 Bandhan Corporate Bond Fund | ₹13,626 Cr | 0.68% | 5.6% | 6.5% | 6.5% |
 UTI Corporate Bond Fund | ₹4,718 Cr | 0.61% | 4.8% | 6.3% | 6.5% |
 DSP Corporate Bond Fund | ₹2,816 Cr | 0.53% | 6.1% | 6.8% | 6.7% |
 Baroda BNP Paribas Corporate Bond Fund | ₹275 Cr | 0.50% | 5.8% | 7.0% | 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 regular return by investing predominantly in AA+ and above rated corporate bonds.
Fund managers
- Asif RizwiMr. Rizwi has done B.Tech and PGDM from IIM-CPrior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank
- Shriram RamanathanShriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T 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 months3.01% absolute | ₹60,000 | ₹61,806 | 3.01% | |
| 1 year4.87% annualised | ₹1,20,000 | ₹1,23,213 | 2.68% | |
| 3 years6.98% annualised | ₹3,60,000 | ₹4,01,503 | 11.53% | |
| 5 years5.70% annualised | ₹6,00,000 | ₹6,95,636 | 15.94% |
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 HSBC Corporate Bond Fund?
The NAV of HSBC Corporate Bond Fund is ₹77.91 as on 24 Sep 2026.
What is the expense ratio of HSBC Corporate Bond Fund?
The expense ratio of HSBC Corporate Bond Fund is 0.60% per year.
What is the minimum SIP amount for HSBC Corporate Bond Fund?
You can start a SIP in HSBC Corporate Bond Fund with ₹3,000 a month.
What returns has HSBC Corporate Bond Fund given?
HSBC Corporate Bond Fund has returned 4.9% over 1 year, 6.5% over 3 years and 6.5% over 5 years (annualised).
Is there a lock-in or exit load on HSBC Corporate Bond Fund?
Lock-in: None. Exit load: Exit load of 0.50% if redeeemed within 3 months.
How risky is HSBC Corporate Bond Fund?
HSBC Corporate Bond Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Corporate Bond category.
Which fund house manages HSBC Corporate Bond Fund?
HSBC Corporate Bond Fund is managed by HSBC Mutual Fund, which runs 44 schemes with ₹1,44,068 Cr under management.