HSBC Corporate Bond Direct-Growth

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

The HSBC Corporate Bond Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 7.77% since inception. HSBC Corporate Bond Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.73% 8.15% 6.03% 7.83% 7.77%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹78.6038+0.02% 1 day change	7.77% p.a.	#NA View Ranked Funds	₹5,895 Cr

Historical NAV & returns

NAV: ₹78.6038 as on Jul 21, 2025

This fund Category average

HSBC Corporate Bond Fund overview

Expense ratio	0.3% as on May 31, 2025
Exit load	0% Exit load of 1.5% shall be applicable if units are redeemed/ switched out within 12 months from the date of allotment, 1% shall be applicable if units are redeemed after 12 months and within 18 months.!
AUM (Fund size)	₹5,895 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	Nifty Corporate Bond Index A-II
Min. investment	SIP: ₹1000 & Lumpsum: ₹10000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HSBC 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 Jul 22, 2025

Period	This fund	Category average
1 Month	0.68%	0.62%
3 Months	2.09%	1.94%
6 Months	5.4%	5.33%
1 Year	9.73%	9.67%
2 Years	8.42%	8.52%
3 Years	8.15%	8.05%
4 Years	6.62%	6.7%
5 Years	6.03%	6.41%
7 Years	8.22%	7.55%
10 Years	7.83%	7.68%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 82.7%

SOV 16.55%

Cash & Call Money 0.41%

Others 0.34%

Top Debt Holdings

GOI 12.38%

Power Grid Corporation Of India Ltd. 6.52%

Indian Oil Corporation Ltd. 5.62%

HDFC Bank Ltd. 5.14%

Allocation by Instruments

Debenture 56.89000000000001%

Non Convertible Debenture 12.7%

GOI Securities 12.39%

Bonds 10.42%

Other Holdings

Others 1.49%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Corporate Bond Fund	N.A.	5,895 Cr	12 yrs 6 m	0.3%
Nippon India Corporate Bond Fund	N.A.	6,566 Cr	12 yrs 6 m	0.36%
PGIM India Corporate Bond Fund	N.A.	91 Cr	12 yrs 6 m	0.25%
Franklin India Corporate Debt Fund	N.A.	771 Cr	12 yrs 6 m	0.24%
Kotak Corporate Bond Fund	N.A.	16,661 Cr	12 yrs 6 m	0.34%
Canara Robeco Corporate Bond Fund	N.A.	117 Cr	11 yrs 6 m	0.37%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Corporate Bond Fund	0.68%	5.4%	9.73%	8.15%	6.03%	7.83%
Nippon India Corporate Bond Fund	0.61%	5.55%	10.14%	8.52%	7.2%	7.83%
PGIM India Corporate Bond Fund	0.68%	5.44%	9.83%	7.94%	6.66%	7.5%
Franklin India Corporate Debt Fund	0.7%	6.59%	10.98%	8.31%	6.94%	8.0%
Kotak Corporate Bond Fund	0.6%	5.37%	9.82%	8.19%	6.61%	7.77%
Canara Robeco Corporate Bond Fund	0.57%	4.53%	8.58%	7.42%	5.9%	7.31%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Corporate Bond Fund	1.61	0.86	1.01	1.6
Nippon India Corporate Bond Fund	1.16	0.66	1.64	3.03
PGIM India Corporate Bond Fund	1.13	0.61	1.14	2.1
Franklin India Corporate Debt Fund	1.36	0.55	1.22	3.09
Kotak Corporate Bond Fund	1.03	0.57	1.52	3.14
Canara Robeco Corporate Bond Fund	1.03	0.59	0.84	1.39

View all Corporate Bond funds

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

Alpha	0.73 vs. 2.96 Underperformed at beating benchmark
Sharpe	1.01 vs. 3.59 Poor risk-adjusted returns
Beta	0.86 vs. 1.3 Less sensitive to market ups & downs
Standard deviation	1.61 vs. 1.09 More volatile performance

Compare HSBC Corporate Bond Fund in detail with

About this fund

About HSBC Corporate Bond Fund

HSBC Corporate Bond Direct-Growth is a Corporate Bond mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. HSBC Corporate Bond Direct-Growth has ₹5,895 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Corporate Bond Direct-Growth as of 21/07/2025 is ₹78.60. The fund has an expense ratio of 0.3%, which is close to what most other Corporate Bond funds charge.

HSBC Corporate Bond Direct-Growth returns of last 1-year are 9.73%. Since launch, it has delivered 7.78% average annual returns. The fund has doubled the money invested in it every 10 yrs.
HSBC Corporate Bond Direct-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 below 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, Power Grid Corporation Of India Ltd., Indian Oil Corporation Ltd., HDFC Bank Ltd., National Bank For Agriculture & Rural Development.

...

Fund AUM	5,895 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Shriram Ramanathan

Shriram 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.

Asif Rizwi

Mr. Rizwi has done B.Tech and PGDM from IIM-C Prior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank

Investment objective

The scheme seeks to generate regular return by investing predominantly in AA+ and above rated corporate bonds.

HSBC Mutual Fund details

No. of schemes	38 view all schemes
Total AUM	1,29,985 Cr as on Jun 30, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

More funds from HSBC Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
HSBC Medium Duration Fund	N.A.	648 Cr	10.05%	8.67%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund	N.A.	1,926 Cr	9.6%	8.31%
HSBC Low Duration Fund	N.A.	580 Cr	9.82%	8.15%
HSBC Gilt Fund	N.A.	295 Cr	8.5%	8.11%
HSBC Dynamic Bond Fund	N.A.	185 Cr	9.44%	8.06%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Corporate Bond Fund?

The current Net Asset Value (NAV) of the HSBC Corporate Bond Fund - Direct Growth plan is approximately ₹78.6038 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The HSBC Corporate Bond Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 7.77% since inception.

HSBC Corporate Bond Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.73%	8.15%	6.03%	7.83%	7.77%

How much does this mutual fund charge as expense ratio?

The HSBC Corporate Bond Fund - Direct Growth has an expense ratio of 0.3%, 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 HSBC Corporate Bond Fund currently has assets under management (AUM) or fund size valued at approximately 5,895 Cr as on May 31, 2025.

To whom does HSBC Corporate Bond Fund lend to?

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

Holding Name	Percentage of Portfolio
GOI	12.38%
Power Grid Corporation Of India Ltd.	6.52%
Indian Oil Corporation Ltd.	5.62%

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 HSBC Corporate Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	82.7%
SOV	16.55%
Cash & Call Money	0.41%

What is risk level of HSBC 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 HSBC 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 HSBC 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 HSBC Corporate Bond Fund is complete.

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

Redeeming your investments in HSBC 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 HSBC 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 3rd oldest Corporate Bond fund.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 7.43% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.