HDFC Corporate Bond Fund Direct Plan-Growth

Q: What are the returns of HDFC Corporate Bond Fund?

The HDFC Corporate Bond Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.24% since inception. HDFC Corporate Bond Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 10.17% 7.77% 7.35% 7.99% 8.24%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹33.0213+0.07% 1 day change	8.24% p.a.	#NA View Ranked Funds	4

Historical NAV & returns

NAV: ₹33.0213 as on Apr 23, 2025

This fund Category average

HDFC Corporate Bond Fund overview

VRO rating	4
Expense ratio	0.36% as on Mar 31, 2025
Exit load	0% Exit load of 2% if redeemed within 12 months and 1% if redeemed after 12 months but within 18 months.!
AUM (Fund size)	₹32,527 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	Nifty Corporate Bond Index A-II
Min. investment	SIP ₹105 & Lump. ₹105
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HDFC Corporate Bond Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	2.08%	1.95%
3 months	3.38%	3.37%
6 months	5.1%	5.11%
1 year	10.17%	10.01%
3 years	7.77%	7.45%
5 years	7.35%	7.02%
7 years	7.91%	7.52%
10 years	7.99%	7.61%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 77.49%

SOV 17.12199621%

Cash & Call Money 5.12%

Others 0.27%

Top Debt Holdings

GOI 11.25%

REC Ltd. 4.65%

HDFC Bank Ltd. 3.32%

National Bank For Agriculture & Rural Development 3.18%

Allocation by Instruments

Debenture 38.339999999999996%

Non Convertible Debenture 17.860000000000007%

Bonds 13.969999999999999%

GOI Securities 11.250000000000002%

Other Holdings

Others 2.81%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HDFC Corporate Bond Fund	N.A.	₹32,527 Crs	12 yrs 3 m	0.36%
Nippon India Corporate Bond Fund	N.A.	₹6,738 Crs	12 yrs 3 m	0.36%
PGIM India Corporate Bond Fund	N.A.	₹91 Crs	12 yrs 3 m	0.28%
Kotak Corporate Bond Fund	N.A.	₹14,639 Crs	12 yrs 3 m	0.34%
Sundaram Corporate Bond Fund	N.A.	₹699 Crs	11 yrs 11 m	0.34%
Franklin India Corporate Debt Fund	N.A.	₹759 Crs	12 yrs 3 m	0.23%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Corporate Bond Fund	2.08%	5.1%	10.17%	7.77%	7.35%	7.99%
Nippon India Corporate Bond Fund	2.16%	5.37%	10.5%	8.02%	7.49%	7.86%
PGIM India Corporate Bond Fund	2.0%	5.23%	10.02%	7.46%	7.24%	7.48%
Kotak Corporate Bond Fund	1.95%	5.15%	10.16%	7.61%	7.09%	7.79%
Sundaram Corporate Bond Fund	2.01%	5.1%	10.0%	7.15%	6.88%	7.76%
Franklin India Corporate Debt Fund	1.7%	4.93%	9.57%	7.23%	6.99%	7.82%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Corporate Bond Fund	1.34	0.78	0.55	0.61
Nippon India Corporate Bond Fund	1.18	0.69	0.9	1.16
PGIM India Corporate Bond Fund	1.04	0.59	0.56	0.78
Kotak Corporate Bond Fund	1.08	0.62	0.67	0.88
Sundaram Corporate Bond Fund	1.04	0.56	0.3	0.4
Franklin India Corporate Debt Fund	1.03	0.53	0.4	0.39

View all Corporate Bond funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.35 vs. 2.09 Underperformed at beating benchmark
Sharpe	0.55 vs. 2.69 Poor risk-adjusted returns
Beta	0.78 vs. 0.67 More sensitive to market's ups & downs
Standard deviation	1.34 vs. 1.21 More volatile performance

Compare HDFC Corporate Bond Fund in detail with

About this fund

About HDFC Corporate Bond Fund

HDFC Corporate Bond Fund Direct Plan-Growth is a Corporate Bond mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. HDFC Corporate Bond Fund Direct Plan-Growth has ₹32,527 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Corporate Bond Fund Direct Plan-Growth as of 23/04/2025 is ₹33.02. The fund has an expense ratio of 0.36%, which is close to what most other Corporate Bond funds charge.

HDFC Corporate Bond Fund Direct Plan-Growth returns of last 1-year are 10.21%. Since launch, it has delivered 8.24% average annual returns. The fund has doubled the money invested in it every 10 yrs.
HDFC Corporate Bond Fund Direct Plan-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, REC Ltd., HDFC Bank Ltd., National Bank For Agriculture & Rural Development, Small Industries Devp. Bank of India Ltd..

...

Fund AUM	₹32,527 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Anupam Joshi

Mr. 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.

Investment objective

The scheme seeks to generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds.

HDFC Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	₹7,80,967 Crs as on Mar 31, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
HDFC Dynamic Debt Fund	N.A.	₹778 Crs	11.8%	8.43%
HDFC Gilt Fund	N.A.	₹2,907 Crs	12.59%	8.35%
HDFC Income Fund	N.A.	₹885 Crs	11.83%	8.29%
HDFC Long Duration Debt Fund	N.A.	₹5,569 Crs	13.76%	N.A.
HDFC Nifty G-Sec July 2031 Index	N.A.	₹695 Crs	12.49%	N.A.
HDFC Medium Term Debt Fund	N.A.	₹3,861 Crs	10.39%	7.85%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Corporate Bond Fund?

The current Net Asset Value (NAV) of the HDFC Corporate Bond Fund - Direct Growth plan is approximately ₹33.0213 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The HDFC Corporate Bond Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.24% since inception.

HDFC Corporate Bond Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
10.17%	7.77%	7.35%	7.99%	8.24%

How much does this mutual fund charge as expense ratio?

The HDFC Corporate Bond Fund - Direct Growth has an expense ratio of 0.36%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HDFC Corporate Bond Fund currently has assets under management (AUM) or fund size valued at approximately ₹32,527 Crs crore as of Mar 31, 2025.

To whom does HDFC Corporate Bond Fund lend to?

The top 3 debt holdings of HDFC Corporate Bond Fund are as follows

Holding Name	Percentage of Portfolio
GOI	11.25%
REC Ltd.	4.65%
HDFC Bank Ltd.	3.32%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The HDFC Corporate Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	77.49%
SOV	17.12199621%
Cash & Call Money	5.12%

What is risk level of HDFC Corporate Bond Fund?

This is a Corporate Bond fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HDFC Corporate Bond Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Corporate Bond Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HDFC Corporate Bond Fund is complete.

How can I redeem my investments in HDFC Corporate Bond Fund?

Redeeming your investments in HDFC Corporate Bond Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HDFC Corporate Bond Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Corporate Bond

#NA

Return Outperformance: This fund has generated highest return amongst Corporate Bond funds in the last 10 Years.
Age: This is the 2nd oldest Corporate Bond fund.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.