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Home Mutual FundsDebtCorporate Bond FundHDFC Corporate Bond Fund

HDFC Corporate Bond Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Corporate Bond Fund category.

The NAV for HDFC Corporate Bond Fund Fund is 30.918 as of 22 Nov 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 6.12% annualized return for the last 3 years.

HDFC Corporate Bond Fund has 3 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Moderate risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of   ₹    for

Below table shows comparison of HDFC Corporate Bond Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of ₹36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

40,320

4,320

7.48%
Bank FD

39,824

3,824

 6.5%
Gold

40,770

4,770

 8.00%

Fund Information

  • As of 31 Jan 2024, fund size of HDFC Corporate Bond Fund is 27,625.63 Cr.

  • HDFC Corporate Bond Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.6%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • HDFC Corporate Bond Fund is an Debt oriented mutual fund in the - Corporate Bond Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for HDFC Corporate Bond Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 01 Jun 2010 as at present it is 14 years old fund.

  • Name of the AMC is HDFC Mutual Fund. Click here to know more about HDFC Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. HDFC Corporate Bond Fund managed by following fund manager(s);

How does the Return Comparison of the HDFC Corporate Bond Fund fare against peer funds in the Corporate Bond fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by HDFC Corporate Bond Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Corporate Bond fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.43% 1.09% 5.85% 5.85% 7.70% 5.49% 5.70% 7.68% 8.25%
Category Average 0.33% 0.87% 4.70% 4.80% 6.53% 4.46% 4.87% 6.98% 7.78%
HDFC Corporate Bond Fund 0.08% 0.47% 2.01% 4.30% 8.58% 7.79% 6.12% 6.83% 7.70%
ICICI Prudential Corporate Bond Fund 0.12% 0.60% 1.88% 3.98% 8.07% 7.70% 6.44% 6.87% 7.57%
Aditya Birla Sun Life Corporate Bond Fund 0.09% 0.50% 1.92% 4.25% 8.59% 7.78% 6.40% 7.04% 7.79%
Sundaram Corporate Bond Fund 0.11% 0.46% 1.88% 4.06% 8.09% 7.08% 5.75% 6.33% 7.44%
Axis Corporate Debt Fund 0.11% 0.50% 1.79% 4.00% 8.07% 7.28% 5.97% 6.62% -
Kotak Corporate Bond Fund 0.10% 0.52% 1.91% 4.14% 8.35% 7.45% 6.05% 6.35% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of HDFC Corporate Bond Fund are shown below;

Equity -

Debt 89.50%

Others 3.53%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 23277 GOI 22SP33 FLT FV RS 100 5.49%
GOVERNMENT OF INDIA 30703 GOI FRB 30AG34 FV RS 100 3.86%
GOVERNMENT OF INDIA 30814 GOI FRB 04OT28 FV RS 100 3.42%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC 2.88%
HDB FINANCIAL SERVICES LIMITED SR 192 8.1965 LOA 30MY25 FVRS1LAC 2.62%
Others 81.73%
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Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 17.19%
BOND 39.53%
DEBENTURE 24.71%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Moderate risk