HDFC Corporate Bond Fund: ₹10,000 Put In Three Years Ago Is ₹12,141 Now; Up 3.04% in a Year
Key Highlights
₹10,000 in HDFC Corporate Bond Fund three years ago is ₹12,141 now (3 Nov 2026). 1-year 3.04%, 3-year 6.67% a year.
Returns as of: 3 November 2026
- ₹10,000 put in three years ago is worth ₹12,141 now
- 1-year return: 3.04%, lower than the category average of 4.08%
- 3-year return: 6.67% a year, lower than the category average of 7.04%
- Expense ratio (Direct plan): 0.38%, higher than the category average of 0.33%
- Assets: ₹29,479 crore at 30 September 2026
- Largest holding: 6.9% GOI MAT 150465, 3.90% of the fund; the top ten are 21.05%
- Volatility over three years: 1.30% a year
The HDFC Corporate Bond Fund returned 3.04% over the past year, while ₹10,000 invested in the Debt – Corporate Bond Fund three years ago is worth ₹12,141. The fund carries an expense ratio of 0.38%. Assets were ₹29,479 crore at 30 September 2026.
HDFC Corporate Bond Fund: key details
| Fund house | HDFC Mutual Fund |
| Category | Debt – Corporate Bond Fund |
| NIFTY Corporate Bond Index | |
| Expense ratio (Direct plan) | 0.38% |
| Assets | ₹29,479 crore (30 September 2026) |
| Minimum investment | ₹100 |
| ₹100 | |
| Exit load | Nil |
| Fund managers | Anupam Joshi |
HDFC Corporate Bond Fund: returns
| Period | Fund return | Category average | Rank in category |
|---|---|---|---|
| 1 week | 0.45% | – | – |
| 1 month | −0.23% | – | – |
| 3 months | −0.65% | – | – |
| 6 months | 2.05% | – | – |
| 1 year (a year) | 3.04% | 4.08% (21 funds) | 20 of 21 |
| 3 years (a year) | 6.67% | 7.04% (21 funds) | 18 of 21 |
| 5 years (a year) | 6.08% | – | – |
The 1-year return of 3.04% for the HDFC Corporate Bond Fund is lower than the category average of 4.08%. Over three years, the fund returned 6.67% annually, which is lower than the category average of 7.04%. The fund’s returns are lower than the category average across both periods.
Assets over recent months
| Month | Assets (₹ crore) |
|---|---|
| 30 April 2026 | 31,611 |
| 31 May 2026 | 31,067 |
| 30 June 2026 | 30,721 |
| 31 July 2026 | 30,664 |
| 31 August 2026 | 30,286 |
| 30 September 2026 | 29,479 |
Volatility and largest fall
| Measure | Fund | Category median |
|---|---|---|
| Volatility (annualised) | 1.30% | 1.13% |
| Largest fall from a high (14 August 2026 to 28 October 2026) | −1.49% | −0.68% |
The fund recorded a volatility of 1.30% a year, which is higher than the category median of 1.13%. Its largest fall from a high was −1.49% between 14 August 2026 and 28 October 2026. This fall is larger than the category median of −0.68%.
Portfolio: top holdings
| Holding | Sector | Value (₹ crore) | |
|---|---|---|---|
| 6.9% GOI MAT 150465 | – | 3.90% | 1,148 |
| 7.55% Bajaj Finance Ltd.^ | – | 3.55% | 1,046 |
| 7.33% State Bank of India (Tier 2 – Basel III)^ | – | 2.54% | 747 |
| 7.7% LIC Housing Finance Ltd.^ | – | 1.69% | 498 |
| 7.51% Small Industries Development Bank | – | 1.69% | 498 |
| 7.8% HDFC Bank Ltd.£^ | – | 1.68% | 494 |
| 8.37% REC Limited.^ | – | 1.55% | 457 |
| 7.25% Bajaj Housing Finance Ltd.^ | – | 1.55% | 456 |
| 6.87% Floating Rate GOI 2033 | – | 1.50% | 443 |
| 8.27% National Highways Authority of India^ | – | 1.41% | 417 |
| Type | Weight |
|---|---|
| Corporate Debt | 78.29% |
| Government Securities | 13.83% |
| Cash & Cash Equivalents and Net Assets | 4.11% |
| PTC & Securitized Debt | 3.42% |
| Alternative Investment Fund | 0.36% |
The portfolio held 237 securities at 30 September 2026, with the ten largest accounting for 21.05% of the fund. The largest holding is 6.9% GOI MAT 150465 at 3.90%, followed by 7.55% Bajaj Finance Ltd. at 3.55%. Corporate debt makes up 78.29% of the total holdings.
Objective
The scheme states its objective as follows.
To generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds. There is no assurance that the investment objective of the Scheme will be realized.
Fund managers
| Name | Role | Experience |
|---|---|---|
| Anupam Joshi | Associate Director – Investments | 10 Years |
HDFC Corporate Bond Fund: FAQs
What would ₹10,000 in the HDFC Corporate Bond Fund be worth today?
₹10,000 put into the Direct Growth plan on 3 November 2023 would have been worth ₹12,141 on 3 November 2026. This is what happened over those three years, not a forecast.
What is the return of the HDFC Corporate Bond Fund?
The Direct Growth plan returned 3.04% over one year to 3 November 2026, lower than the category average of 4.08%. Over three years it returned 6.67% a year.
What is the expense ratio of the HDFC Corporate Bond Fund?
The expense ratio of the Direct plan is 0.38%; the average for 21 Direct plans in the category is 0.33%.
How large is the HDFC Corporate Bond Fund?
Its assets were ₹29,479 crore at 30 September 2026.
What are the top holdings of the HDFC Corporate Bond Fund?
At 30 September 2026 the largest holdings were 6.9% GOI MAT 150465 (3.90%), 7.55% Bajaj Finance Ltd.^ (3.55%), 7.33% State Bank of India (Tier 2 – Basel III)^ (2.54%). The top ten made up 21.05% of the fund.
Who manages the HDFC Corporate Bond Fund?
The fund is managed by Anupam Joshi.
What is the minimum investment in the HDFC Corporate Bond Fund?
The minimum investment is ₹100. The minimum is ₹100.
What is the exit load of the HDFC Corporate Bond Fund?
The scheme states its exit load as: Nil
What is the benchmark of the HDFC Corporate Bond Fund?
The scheme’s benchmark is the NIFTY Corporate Bond Index.
NAV, expense and portfolio data: Accord Fintech. Calculations: ThePip. For information only; not investment advice.