Mirae Asset Corporate Bond Fund
- NAV as on 24 Sep 2026
- ₹13.52-0.16%1 day
- Return since launch
- 5.6%
- 52-week range
- ₹12.93 — ₹13.55
- AUM
- ₹44.38 Cr
Mirae Asset Corporate Bond Fund is a Corporate Bond debt fund from Mirae Asset Mutual Fund with ₹44.38 Cr under management, launched in 2021. Over three years it has returned 6.0% a year, against 6.8% for its category. The expense ratio is 0.67% and the SEBI riskometer reading is Moderate.
Performance
Mirae Asset Corporate Bond Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.6% 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 | 4.6% | 0.0 pts | 4.7% | 4.6% |
| 2Y | 5.3% | −0.1 pts | 5.4% | 5.4% |
| 3Y | 6.0% | −0.7 pts | 6.8% | 6.2% |
| 5Y | 6.2% | +0.3 pts | 5.8% | 6.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.1% | +0.1 pts | 0.1% | 0.1% |
| 3M | 0.8% | +0.1 pts | 0.7% | 0.7% |
| 6M | 2.8% | −0.1 pts | 2.9% | 2.9% |
| 1Y | 4.6% | −0.1 pts | 4.7% | 4.7% |
| 2Y | 6.1% | −0.1 pts | 6.2% | 6.3% |
| 3Y | 6.6% | −0.2 pts | 6.8% | 6.8% |
| 5Y | 5.6% | −0.3 pts | 5.8% | 5.9% |
Since launch (24 Feb 2021): 5.6%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.3% | −0.7 pts | 8.0% |
| 2024 | 7.9% | −0.4 pts | 8.4% |
| 2023 | 6.3% | −0.9 pts | 7.2% |
| 2022 | 2.8% | −0.7 pts | 3.5% |
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
0.68%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.57%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.10%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Corporate Debt A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
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 | 0.51 | 0.97 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.88 | 1.62 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.57 | 1.35 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Mirae Asset Corporate Bond Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt79.9%
- Other20.1%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 20.53% | ₹9.11 Cr | +1.22% | +1.14% | +1.19% |
| REC Ltd. | Financial | 8.92% | ₹3.96 Cr | +6.58% | +15.78% | +10.30% |
| Bajaj Housing Finance Ltd. | Financial | 7.87% | ₹3.49 Cr | +11.17% | +10.58% | +11.49% |
| Export-Import Bank Of India | Financial | 6.77% | ₹3.00 Cr | +2.22% | +2.11% | +2.29% |
| Small Industries Devp. Bank of India Ltd. | Financial | 6.75% | ₹3.00 Cr | +4.47% | +4.24% | +4.60% |
| HDFC Bank Ltd. | Financial | 6.60% | ₹2.93 Cr | +6.50% | +6.21% | +6.69% |
| GOI | Sovereign | 4.50% | ₹2.00 Cr | +2.14% | +5.19% | +8.56% |
| Indian Railway Finance Corporation Ltd. | Financial | 3.39% | ₹1.50 Cr | +3.34% | +3.20% | +3.47% |
| company:6233 | Financial | 3.37% | ₹1.50 Cr | +7.11% | +6.78% | +2.32% |
| company:2119 | Construction | 2.26% | ₹1.00 Cr | — | — | — |
| India Infrastructure Finance Company Ltd. | Construction | 2.25% | ₹1.00 Cr | +2.22% | +2.12% | +2.29% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.25% | ₹1.00 Cr | +2.23% | +2.12% | — |
| Mindspace Business Parks REIT | Construction | 2.25% | ₹1.00 Cr | +2.19% | +2.15% | +2.32% |
| LIC Housing Finance Ltd. | Financial | 2.25% | ₹1.00 Cr | +2.22% | +2.11% | +2.30% |
| Knowledge Realty Trust | Construction | 2.24% | ₹0.99 Cr | +2.21% | +2.11% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.24% | ₹0.99 Cr | +2.21% | +2.10% | — |
| Tata Capital Housing Finance Ltd. | Financial | 2.24% | ₹0.99 Cr | +2.21% | +2.10% | +2.30% |
| Kotak Mahindra Prime Ltd. | Financial | 2.23% | ₹0.99 Cr | +2.20% | +2.10% | +4.55% |
| Shivshakti Securitisation Trust | Others | 2.19% | ₹0.97 Cr | +2.18% | +2.10% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Power Finance Corporation Ltd. | 7.94% | 0.00% | -7.94% |
| Bajaj Housing Finance Ltd. | 5.66% | 2.23% | -3.43% |
| company:6233 | 0.00% | 3.37% | +3.37% |
| GOI | 2.19% | 4.50% | +2.31% |
| company:2119 | 0.00% | 2.26% | +2.26% |
| Cholamandalam Financial Holdings Ltd. | 2.25% | 0.00% | -2.25% |
| Export-Import Bank Of India | 6.81% | 6.77% | -0.04% |
| HDFC Bank Ltd. | 6.64% | 6.60% | -0.03% |
| Indian Railway Finance Corporation Ltd. | 3.42% | 3.39% | -0.03% |
| Knowledge Realty Trust | 2.26% | 2.24% | -0.02% |
| Shivshakti Securitisation Trust | 2.21% | 2.19% | -0.02% |
| India Infrastructure Finance Company Ltd. | 2.27% | 2.25% | -0.01% |
| Kotak Mahindra Prime Ltd. | 2.24% | 2.23% | -0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 2.26% | 2.25% | -0.01% |
| Mindspace Business Parks REIT | 2.24% | 2.25% | +0.01% |
| Torrent Pharmaceuticals Ltd. | 2.25% | 2.24% | -0.01% |
| Tata Capital Housing Finance Ltd. | 2.24% | 2.24% | -0.01% |
| Small Industries Devp. Bank of India Ltd. | 2.26% | 2.26% | -0.01% |
| LIC Housing Finance Ltd. | 2.26% | 2.25% | -0.01% |
| REC Ltd. | 2.23% | 2.23% | 0.00% |
| Others | 0.42% | 0.42% | 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 provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds.
Fund managers
- Kruti ChhetaMs. Chheta has done BAF (Finance and Accounts) and MBA (Finance).Prior to joining Mirae Asset Mutual Fund, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.
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 months2.82% absolute | ₹60,000 | ₹61,692 | 2.82% | |
| 1 year4.58% annualised | ₹1,20,000 | ₹1,23,019 | 2.52% | |
| 3 years6.60% annualised | ₹3,60,000 | ₹3,99,094 | 10.86% | |
| 5 years5.59% annualised | ₹6,00,000 | ₹6,93,614 | 15.60% |
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.