Aditya Birla Sun Life Corporate Bond Fund vs DSP Corporate Bond Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Corporate Bond Fund and DSP Corporate Bond Fund are both Corporate Bond funds. In the 3 years to 30-10-2026, Aditya Birla Sun Life Corporate Bond Fund (Direct) returned 6.8% a year and DSP Corporate Bond Fund (Direct) returned 7.4% a year. Aditya Birla Sun Life Corporate Bond Fund charges 0.34% a year and DSP Corporate Bond Fund 0.29% (Direct plans). Their portfolios overlap 0.5%: they hold 2 of the same securities.
Aditya Birla Sun Life Corporate Bond Fund
Corporate Bond
- 3 year return
- 6.8%
- Expense ratio
- 0.34%
- NAV
- ₹120.97
DSP Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.4%
- Expense ratio
- 0.29%
- NAV
- ₹17.58
Which is better, Aditya Birla Sun Life Corporate Bond or DSP Corporate Bond? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Aditya Birla Sun Life Corporate Bond returned more over 5 years: 6.2% a year against 6.1%.
- DSP Corporate Bond returned more over 3 years: 7.4% a year against 6.8%.
- DSP Corporate Bond costs less: 0.29% a year against 0.34% (Direct plans).
- DSP Corporate Bond swung less over 3 years: a standard deviation of 0.6% a year against 1.4%.
- Aditya Birla Sun Life Corporate Bond fell less in its worst fall since 11-09-2018: −2.4% against −3.2%.
- Aditya Birla Sun Life Corporate Bond is the larger fund: ₹22,722 Cr against ₹2,647 Cr.
- Their portfolios overlap 0.5%: 2 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Corporate Bond Fund | DSP Corporate Bond Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | DSP Mutual Fund |
| Category | Corporate Bond | Corporate Bond |
| AUM | ₹22,722 Cr (30-09-2026) | ₹2,647 Cr (30-09-2026) |
| NAV | ₹120.97 (Direct) | ₹17.58 (Direct) |
| Expense ratio (Direct) | 0.34% | 0.29% |
| Expense ratio (Regular) | 0.52% | 0.53% |
| Riskometer | Moderate | Low to Moderate |
| Benchmark | NIFTY Corporate Bond Index A-II | CRISIL Corporate Debt A-II Index |
| Launch date | 03-03-1997 | 10-09-2018 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Kaustubh Gupta | Shantanu Godambe, Vivek Ramakrishnan |
| Exit load | Nil | Nil |
Aditya Birla Sun Life Corporate Bond vs DSP Corporate Bond: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Corporate Bond Fund (Direct) | −0.43% | −0.56% | +1.94% | +3.27% | +6.75% | +6.20% | +7.14% |
| DSP Corporate Bond Fund (Direct) | +0.29% | +1.38% | +3.12% | +5.71% | +7.40% | +6.08% | -- |
| Corporate Bond average | −0.24% | +0.05% | +2.31% | +4.00% | +7.02% | +6.20% | -- |
Category average: the average of the 21 Corporate Bond funds, same plan type.
Aditya Birla Sun Life Corporate Bond vs DSP Corporate Bond: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Corporate Bond | DSPDSP Corporate Bond |
|---|---|---|
| 2026to date | +2.44% | +4.82% |
| 2025 | +7.57% | +7.96% |
| 2024 | +8.73% | +7.96% |
| 2023 | +7.48% | +6.76% |
| 2022 | +4.25% | +2.34% |
| 2021 | +4.20% | +3.66% |
Aditya Birla Sun Life Corporate Bond vs DSP Corporate Bond: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,245 of them, one for each trading day from 13-09-2021 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Corporate Bond Fund (Direct)
DSP Corporate Bond Fund (Direct)
to
Feb 2022Dec 2019
to
Dec 2022Nov 2020
to
Nov 2023Sept 2021
to
Sept 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Corporate Bond | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0% | 7.0% | 5.1% | 9.5% |
| DSP Corporate Bond | 0.0 | 26.3 | 73.7 | 0.0 | 0.0 | 0.0 | 0.0 | 6.2% | 5.8% | 4.0% | 9.3% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 11-09-2018. Past returns do not promise future returns.
Aditya Birla Sun Life Corporate Bond vs DSP Corporate Bond: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-09-2018 to 30-10-2026: 98 instalments, ₹9,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Corporate BondAditya Birla Sun Life Corporate Bond Fund (Direct) | ₹9,80,000 | ₹12,85,151 | ₹3,05,151 | 6.5% |
| DSP Corporate BondDSP Corporate Bond Fund (Direct) | ₹9,80,000 | ₹12,85,049 | ₹3,05,049 | 6.5% |
Aditya Birla Sun Life Corporate BondAditya Birla Sun Life Corporate Bond Fund (Direct)
DSP Corporate BondDSP Corporate Bond Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Corporate Bond vs DSP Corporate Bond: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Corporate Bond Fund (Direct) | DSP Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.27% | +5.71% |
| Standard deviation | 1.80% | 0.57% |
| Sharpe ratio | -1.10 | 0.82 |
| Sortino ratio | -1.46 | 1.24 |
| Maximum drawdown | −1.3% (23-10-2026) | −0.2% (22-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Corporate Bond Fund (Direct) | DSP Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.75% | +7.40% |
| Standard deviation | 1.37% | 0.62% |
| Sharpe ratio | 0.53 | 2.21 |
| Sortino ratio | 0.75 | 3.77 |
| Maximum drawdown | −1.3% (23-10-2026) | −0.3% (13-06-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Corporate Bond Fund (Direct) | DSP Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.20% | +6.08% |
| Standard deviation | 1.24% | 1.24% |
| Sharpe ratio | 0.32 | 0.22 |
| Sortino ratio | 0.43 | 0.27 |
| Maximum drawdown | −1.3% (23-10-2026) | −3.2% (09-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Corporate Bond Fund (Direct) | DSP Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.86% | +7.17% |
| Standard deviation | 1.37% | 1.58% |
| Sharpe ratio | 1.32 | 1.21 |
| Sortino ratio | 1.98 | 1.89 |
| Maximum drawdown | −2.4% (24-03-2020) | −3.2% (09-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Corporate Bond Fund (Direct)
DSP Corporate Bond Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Corporate Bond Fund (Direct) | −2.4% | 09-03-2020 | 24-03-2020 | 17-04-2020 | 24 days | −1.1% |
| DSP Corporate Bond Fund (Direct) | −3.2% | 07-04-2022 | 09-05-2022 | 13-09-2022 | 4 months | 0.0% |
From daily values since 11-09-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Corporate Bond Fund (Direct)
DSP Corporate Bond Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Corporate Bond Fund (Direct)
DSP Corporate Bond Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Corporate Bond Fund (Direct)
DSP Corporate Bond Fund (Direct)
Aditya Birla Sun Life Corporate Bond vs DSP Corporate Bond: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Corporate Bond Fund, September 2026; DSP Corporate Bond Fund, September 2026
Holdings in common
- Overlap
- 0.5%
- Held by both
- 2
- Only in Aditya Birla Sun Life Corporate Bond
- 173
- Only in DSP Corporate Bond
- 45
| Security | % of Aditya Birla Sun Life Corporate Bond | % of DSP Corporate Bond |
|---|---|---|
| Corporate Debt Mkt Devp. Fund-A2 | 0.38% | 0.38% |
| 7.23% Power Finance Corporation Ltd. (05/01/2027) | 0.11% | 4.97% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.5% means 0.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Corporate Bond Fund
| Security | % of fund |
|---|---|
| Government of India (11/05/2036) | 5.99% |
| 7.48% National Bank for Agriculture and Rural Development (15/09/2028) | 4.77% |
| 7.30% Bharti Telecom Ltd. (01/12/2027) | 2.94% |
| 7.44% National Bank for Agriculture and Rural Development (17/07/2029) | 2.81% |
| Government of India (27/07/2041) | 2.49% |
Largest holdings only in DSP Corporate Bond Fund
| Security | % of fund |
|---|---|
| 7.38% GOI 20062027 | 7.78% |
| National Bank For Agriculture & Rural Development | 5.91% |
| LIC Housing Finance Limited | 5.88% |
| Kotak Mahindra Prime Limited | 4.97% |
| Indian Oil Corporation Limited | 4.88% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Corporate Bond | DSP Corporate Bond |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 97.1% | 98.0% |
| Cash and others | 2.9% | 2.0% |
Aditya Birla Sun Life Corporate Bond vs DSP Corporate Bond: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Corporate Bond Fund | DSP Corporate Bond Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.34% | 0.29% |
| Base expense ratio (Direct) | 0.28% | 0.25% |
| Total expense ratio (Regular) | 0.52% | 0.53% |
| Base expense ratio (Regular) | 0.44% | 0.45% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Aditya Birla Sun Life Corporate Bond with
Aditya Birla Sun Life Corporate Bond Fund vs DSP Corporate Bond Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Corporate Bond Fund and DSP Corporate Bond Fund?
Both are Corporate Bond funds, run by Aditya Birla Sun Life Mutual Fund and DSP Mutual Fund. Their portfolios overlap 0.5%. Aditya Birla Sun Life Corporate Bond Fund charges 0.34% a year and DSP Corporate Bond Fund 0.29%.
Which has given higher returns, Aditya Birla Sun Life Corporate Bond Fund or DSP Corporate Bond Fund?
Over 1 year: Aditya Birla Sun Life Corporate Bond Fund +3.27%, DSP Corporate Bond Fund +5.71%. Over 3 years: Aditya Birla Sun Life Corporate Bond Fund +6.75% a year, DSP Corporate Bond Fund +7.40% a year. Over 5 years: Aditya Birla Sun Life Corporate Bond Fund +6.20% a year, DSP Corporate Bond Fund +6.08% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Corporate Bond Fund or DSP Corporate Bond Fund?
DSP Corporate Bond Fund charges less: 0.29% a year against 0.34%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Corporate Bond Fund and DSP Corporate Bond Fund overlap?
0.5%. They hold 2 of the same securities, the largest shared ones being Corporate Debt Mkt Devp. Fund-A2, 7.23% Power Finance Corporation Ltd. (05/01/2027). From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Corporate Bond Fund or DSP Corporate Bond Fund?
On SEBI's riskometer, Aditya Birla Sun Life Corporate Bond Fund is rated Moderate and DSP Corporate Bond Fund Low to Moderate. Over 3 years, the standard deviation of daily returns was 1.37% and 0.62% a year.
Which is better for SIP, Aditya Birla Sun Life Corporate Bond Fund or DSP Corporate Bond Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,15,058 in Aditya Birla Sun Life Corporate Bond Fund (XIRR 6.2% a year) and ₹7,26,553 in DSP Corporate Bond Fund (XIRR 6.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Corporate Bond Fund and DSP Corporate Bond Fund?
Yes. 0.5% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Aditya Birla Sun Life Corporate Bond Fund and DSP Corporate Bond Fund?
Aditya Birla Sun Life Corporate Bond Fund: Kaustubh Gupta. DSP Corporate Bond Fund: Shantanu Godambe, Vivek Ramakrishnan.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.