HDFC Corporate Bond Fund

Corporate BondDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HDFC Corporate Bond Fund is a Corporate Bond fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹29,479 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.6% a year and its Regular plan returned 6.3% a year. Its benchmark, NIFTY Corporate Bond Index A-II, returned 6.3% a year over the same 3 years.

NAV (Direct plan): ₹34.93; ▲ 0.03%30-10-2026
NAV (Regular plan): ₹34.07; ▲ 0.03%30-10-2026
Expense ratio: 0.38%Direct0.63%Regular; 0.38%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 6.6%Direct6.3%Regular; 6.6%; A year

HDFC Corporate Bond Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹34.93 (up 0.03% that day); Regular Plan Growth ₹34.07 (up 0.03% that day).

This fund (Direct plan)

₹34.9313

HDFC Corporate Bond Fund Returns vs NIFTY Corporate Bond Index A-II

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.60%	−0.87%	+1.72%	+2.83%	+6.60%	+6.02%	+7.06%
This fund (Regular)	−0.62%	−0.93%	+1.59%	+2.57%	+6.34%	+5.75%	+6.83%
NIFTY Corporate Bond Index A-II	+0.06%	+0.27%	+2.36%	+3.75%	+6.33%	+5.64%	--
Corporate Bond average	−0.24%	+0.05%	+2.31%	+4.00%	+7.02%	+6.20%	+6.98%
Best in Corporate Bond	+0.29%	+1.38%	+3.12%	+5.71%	+7.80%	+6.72%	+7.49%
Worst in Corporate Bond	−0.60%	−0.87%	+1.72%	+2.83%	+6.50%	+5.69%	+6.41%
Rank in Corporate Bond	21/21	21/21	21/21	21/21	20/21	12/17	6/11

Category rows compare the Direct plans of 21 Corporate Bond funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

HDFC Corporate Bond Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+2.14%	+1.93%
2025	+7.60%	+7.33%
2024	+8.82%	+8.56%
2023	+7.49%	+7.20%
2022	+3.56%	+3.27%
2021	+4.22%	+3.90%

HDFC Corporate Bond Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,620 periods, one for each trading day from 01-01-2016 to 30-10-2026.

0%2%4%6%8%10%12%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

HDFC Corporate Bond Fund (Direct)Category average, 21 Corporate Bond funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,097	8.2%	1.8%	13.3%	0%	8.0%	65%
2 years	2,861	8.3%	3.8%	11.8%	0%	8.0%	68%
3 years	2,620	8.1%	5.0%	11.2%	0%	7.9%	79%
5 years	2,137	7.7%	6.0%	9.4%	0%	7.3%	89%
7 years	1,655	7.8%	6.7%	9.9%	0%	7.4%	100%
10 years	926	8.0%	7.0%	8.5%	0%	7.7%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	8.1%	0.7%	14.2%	0%	7.9%	67%
2 years	142	8.3%	2.8%	12.7%	0%	8.1%	69%
3 years	130	7.9%	4.7%	11.2%	0%	7.6%	74%
5 years	106	7.6%	6.4%	9.9%	0%	7.3%	84%
7 years	82	7.3%	6.4%	9.7%	0%	7.0%	94%
10 years	46	7.5%	6.9%	7.8%	0%	7.2%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 21 Corporate Bond funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

HDFC Corporate Bond Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	HDFC Corporate Bond Fund (Direct)This fund	Category average
Return (CAGR)	+2.83%	+3.99%
Standard deviation	1.73%	1.28%
Sharpe ratio	-1.40	-0.98
Sortino ratio	-1.83	-1.33
Maximum drawdown	−1.5% (23-10-2026)	−0.60% (23-10-2026)

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.

Measure	HDFC Corporate Bond Fund (Direct)This fund	Category average
Return (CAGR)	+6.60%	+7.02%
Standard deviation	1.28%	1.05%
Sharpe ratio	0.45	0.95
Sortino ratio	0.62	1.41
Maximum drawdown	−1.5% (23-10-2026)	−0.60% (23-10-2026)

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.

Measure	HDFC Corporate Bond Fund (Direct)This fund	Category average
Return (CAGR)	+6.02%	+6.19%
Standard deviation	1.25%	1.01%
Sharpe ratio	0.18	0.38
Sortino ratio	0.23	0.52
Maximum drawdown	−1.5% (07-06-2022)	−1.2% (09-05-2022)

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.

Measure	HDFC Corporate Bond Fund (Direct)This fund	Category average
Return (CAGR)	+7.06%	+6.94%
Standard deviation	1.70%	1.47%
Sharpe ratio	0.98	1.05
Sortino ratio	1.50	1.64
Maximum drawdown	−2.7% (19-03-2020)	−2.7% (23-03-2020)

From daily NAVs, 28-10-2016 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.

Measure	HDFC Corporate Bond Fund (Direct)This fund	Category average
Return (CAGR)	+7.75%	+7.64%
Standard deviation	1.74%	1.61%
Sharpe ratio	0.97	0.99
Sortino ratio	1.39	1.44
Maximum drawdown	−4.0% (19-08-2013)	−4.0% (19-08-2013)

From daily NAVs, 01-01-2013 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.

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.

−4%−3%−2%−1%0%

2014201620182020202220242026

HDFC Corporate Bond Fund (Direct)Category average, 21 Corporate Bond funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HDFC Corporate Bond Fund (Direct)	−4.0%	19-06-2013	19-08-2013	08-10-2013	50 days	−1.3%
Category average	−4.0%	19-06-2013	19-08-2013	08-10-2013	50 days	−0.46%

From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits, and the average of the 21 Corporate Bond funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HDFC Corporate Bond Fund vs Other Corporate Bond Funds

The five Corporate Bond funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Franklin India Corporate Bond Fund	1/21	1,409	0.26%	+5.32%	+7.80%	--	--	1.49	2.92	Compare
Baroda BNP Paribas Corporate Bond Fund	2/21	269	0.21%	+4.83%	+7.62%	--	--	1.43	2.18	Compare
AXIS Corporate Bond Fund	3/21	7,453	0.36%	+4.31%	+7.44%	--	--	1.29	1.94	Compare
DSP Corporate Bond Fund	4/21	2,647	0.29%	+5.71%	+7.40%	--	--	2.21	3.77	Compare
Nippon India Corporate Bond Fund	5/21	8,907	0.37%	+4.02%	+7.28%	--	--	1.10	1.64	Compare
HDFC Corporate Bond Fund	20/21	29,479	0.38%	+2.83%	+6.60%	--	--	0.45	0.62

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

HDFC Corporate Bond Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Corporate Bond median	Cost rank (1 = cheapest)
Direct	0.32%	0.00%	0.00%	0.06%	0.38%	0.34%	20/21
Regular	0.53%	0.00%	0.00%	0.10%	0.63%	0.68%	8/21

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Corporate Bond funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	2.57%	2.83%	0.26%	₹1,02,570	₹1,02,830
3 years	6.34%	6.60%	0.26% a year	₹1,20,251	₹1,21,136
5 years	5.75%	6.02%	0.27% a year	₹1,32,252	₹1,33,949
10 years	6.83%	7.06%	0.23% a year	₹1,93,612	₹1,97,821

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

HDFC Corporate Bond Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHDFC Corporate Bond Fund (Direct)	₹16,60,000	₹27,92,888	₹11,32,888	7.2%
Regular planHDFC Corporate Bond Fund (Regular)	₹16,60,000	₹27,44,453	₹10,84,453	6.9%
Category averageCategory average, 21 Corporate Bond funds	₹16,60,000	₹27,81,137	₹11,21,137	7.1%

₹0₹10.0 L₹20.0 L₹30.0 L

2014201620182020202220242026

Direct planHDFC Corporate Bond Fund (Direct)Regular planHDFC Corporate Bond Fund (Regular)Category averageCategory average, 21 Corporate Bond fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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.

HDFC Corporate Bond Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

95.5%Debt

Asset	Fund	Category
Debt	95.5%	91.2%
Cash and others	4.5%	8.8%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 21 Corporate Bond funds.

Rating	Fund	Category
Sovereign	13.8%	10.8%
AAA and A1+	81.7%	78.7%

HDFC Corporate Bond Fund Portfolio Holdings

As on 30-09-2026 · 237 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
6.9% GOI MAT 150465 · Government security	Sovereign	3.90%
Bajaj Finance Ltd. · Bond	CRISIL - AAA	3.55%
State Bank of India (Tier 2 - Basel III) · Bond	CRISIL - AAA	2.54%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	1.69%
Small Industries Development Bank · Bond	CRISIL - AAA	1.69%
HDFC Bank Ltd. · Bond	CRISIL - AAA	1.68%
REC Limited. · Bond	CRISIL - AAA	1.55%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	1.55%
Floating Rate GOI 2033 · Government security	Sovereign	1.50%
National Highways Authority of India · Bond	CRISIL - AAA	1.41%
Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	1.38%
Small Industries Development Bank · Bond	CRISIL - AAA	1.36%
Pipeline Infrastructure Pvt. Ltd. · Bond	CRISIL - AAA	1.33%
Indian Oil Corporation Ltd. · Bond	CRISIL - AAA	1.26%
HDFC Bank Ltd. · Bond	CRISIL - AAA	1.18%
Small Industries Development Bank · Bond	CRISIL - AAA	1.18%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	1.10%
National Housing Bank · Bond	CARE - AAA	1.05%
REC Limited. · Bond	CRISIL - AAA	1.02%
National Housing Bank · Bond	CARE - AAA	1.00%
Housing and Urban Development Corporation Ltd. · Bond	CARE - AAA	0.98%
State Bank of India · Bond	CARE - AAA	0.96%
Bajaj Finance Ltd. · Bond	CRISIL - AAA	0.96%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.92%
Small Industries Development Bank · Bond	CRISIL - AAA	0.92%
Shivshakti Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	0.89%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.85%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.85%
India Universal Trust AL2 (Originator - HDFC Bank Limited)	CRISIL - AAA(SO)	0.85%
SMFG India Credit Company Ltd · Bond	ICRA - AAA	0.85%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.84%
National Bank for Financing Infrastructure and Development · Bond	CRISIL - AAA	0.83%
MANGALORE REFINERY AND PETROCHEMICA · Bond	CRISIL - AAA	0.83%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.83%
John Deere Financial India Pvt. Ltd. · Bond	CRISIL - AAA	0.81%
Housing and Urban Development Corporation Ltd. · Bond	CARE - AAA	0.81%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.81%
Kotak Mahindra Investments Ltd. · Bond	CRISIL - AAA	0.80%
6.64% GOI MAT 071231 · Government security	Sovereign	0.77%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.76%
TATA Capital Housing Finance Ltd. · Bond	CRISIL - AAA	0.75%
HDB Financial Services Ltd. · Bond	CRISIL - AAA	0.74%
Pipeline Infrastructure Pvt. Ltd. · Bond	CRISIL - AAA	0.70%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.68%
Small Industries Development Bank · Bond	CRISIL - AAA	0.67%
ASCENDAS IT PARK PUNE PRIVATE LIMITED · Bond	CRISIL - AAA	0.66%
Power Grid Corporation of India Ltd. · Bond	CRISIL - AAA	0.66%
REC Limited. · Bond	CRISIL - AAA	0.65%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.65%
National Bank for Financing Infrastructure and Development · Bond	CRISIL - AAA	0.64%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.61%
UltraTech Cement Limited · Bond	CRISIL - AAA	0.60%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.59%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.58%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.52%
HDB Financial Services Ltd. · Bond	CRISIL - AAA	0.52%
Hindustan Petroleum Corp. Ltd. · Bond	CRISIL - AAA	0.51%
Housing and Urban Development Corporation Ltd. · Bond	ICRA - AAA	0.50%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.50%
7.24% GOI MAT 180855 · Government security	Sovereign	0.48%
REC Limited. · Bond	CRISIL - AAA	0.48%
REC Limited. · Bond	CRISIL - AAA	0.48%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.48%
Reliance Industries Ltd. · Bond	CRISIL - AAA	0.45%
REC Limited. · Bond	IND - AAA	0.45%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.45%
7.45% Madhya Pradesh SDL ISD 121125 Mat 121141 · State government security	Sovereign	0.42%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.42%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.42%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.42%
SMFG India Credit Company Ltd · Bond	CARE - AAA	0.42%
Small Industries Development Bank · Bond	CRISIL - AAA	0.42%
Toyota Financial Services India Ltd. · Bond	ICRA - AAA	0.42%
Small Industries Development Bank · Bond	CRISIL - AAA	0.41%
Power Grid Corporation of India Ltd. · Bond	CRISIL - AAA	0.41%
Corporate Debt Market Development Fund		0.36%
REC Limited. · Bond	CRISIL - AAA	0.35%
7.65% BIHAR SDL ISD 241225 Mat 241233 · State government security	Sovereign	0.34%
7.99% Rajasthan SDL MAT 300341 · State government security	Sovereign	0.34%
REC Limited. · Bond	CRISIL - AAA	0.34%
HDFC Bank Ltd. (Tier 2 - Basel III) · Bond	CRISIL - AAA	0.34%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.34%
Hindustan Petroleum Corp. Ltd. · Bond	CRISIL - AAA	0.34%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.34%
Indian Oil Corporation Ltd. · Bond	CRISIL - AAA	0.34%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.34%
Jio Credit Ltd · Bond	CRISIL - AAA	0.34%
Nomura Capital India Pvt. Ltd. · Bond	IND - AAA	0.34%
Power Grid Corporation of India Ltd. · Bond	CRISIL - AAA	0.34%
Power Grid Corporation of India Ltd. · Bond	CRISIL - AAA	0.34%
National Highways Authority of India · Bond	CRISIL - AAA	0.34%
Kotak Mahindra Prime Ltd.	CRISIL - AAA	0.34%
7.52% Kerala SDL ISD 280825 MAT 280833 · State government security	Sovereign	0.33%
Housing and Urban Development Corporation Ltd. · Bond	CARE - AAA	0.33%
HDFC Bank Ltd. · Bond	CRISIL - AAA	0.33%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.33%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.33%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.33%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.33%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.33%
7.08% Maharashtra SDL ISD 250625 MAT 250639 · State government security	Sovereign	0.32%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.32%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.32%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.32%
7.34% GOI MAT 220464 · Government security	Sovereign	0.31%
Pipeline Infrastructure Pvt. Ltd. · Bond	CRISIL - AAA	0.31%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.31%
India Universal Trust AL2 (Originator - HDFC Bank Limited)	CRISIL - AAA(SO)	0.30%
7.64% Gujarat SDL ISD 170124 MAT 170133 · State government security	Sovereign	0.29%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.29%
REC Limited. · Bond	CRISIL - AAA	0.26%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.26%
7.68% Jharkhand SDL ISD 240124 Mat 240132 · State government security	Sovereign	0.25%
Hindustan Petroleum Corp. Ltd. · Bond	CRISIL - AAA	0.25%
Nuclear Power Corporation of India Ltd. · Bond	ICRA - AAA	0.25%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.25%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.25%
Bajaj Finance Ltd. · Bond	CRISIL - AAA	0.25%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.25%
Small Industries Development Bank · Bond	CRISIL - AAA	0.25%
HDB Financial Services Ltd. · Bond	CRISIL - AAA	0.25%
7.64% % Gujarat SDL ISD 170124 Mat 170134 · State government security	Sovereign	0.24%
7.43% Haryana SDL MAT 170939 · State government security	Sovereign	0.24%
National Highways Authority of India · Bond	CRISIL - AAA	0.24%
Kotak Mahindra Investments Ltd. · Bond	CRISIL - AAA	0.22%
7.71% GOI MAT 180566 · Government security	Sovereign	0.19%
Nomura Capital India Pvt. Ltd. · Bond	IND - AAA	0.19%
Bajaj Finance Ltd. · Bond	CRISIL - AAA	0.18%
7.39% Andhra Pradesh SDL ISD 030424 MAT 030430 · State government security	Sovereign	0.17%
7.63% Andhra Pradesh SDL ISD 030925 MAT 030937 · State government security	Sovereign	0.17%
7.54% BIHAR SDL ISD 030925 Mat 030933 · State government security	Sovereign	0.17%
7.72% Bihar SDL - MAT 250241 · State government security	Sovereign	0.17%
7.69% BIHAR SDL Mat 290435 · State government security	Sovereign	0.17%
7.63% Gujarat SDL ISD 240124 Mat 240134 · State government security	Sovereign	0.17%
7.68% Chattisgarh SDL ISD 170124 MAT 170132 · State government security	Sovereign	0.17%
7.67% Chhattisgarh SDL ISD 240124 Mat 240131 · State government security	Sovereign	0.17%
Reliance Industries Ltd. · Bond	CRISIL - AAA	0.17%
Housing and Urban Development Corporation Ltd. · Bond	CARE - AAA	0.17%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.17%
State Bank of India · Bond	ICRA - AAA	0.17%
Hindustan Petroleum Corp. Ltd. · Bond	CRISIL - AAA	0.17%
Nomura Fixed Income Securities Pvt. · Bond	IND - AAA	0.17%
Tata Communications Limited · Bond	CRISIL - AAA	0.17%
Nuclear Power Corporation of India Ltd. · Bond	ICRA - AAA	0.17%
Indian Oil Corporation Ltd. · Bond	CRISIL - AAA	0.17%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.17%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.17%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.17%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.17%
L&T Finance Ltd. · Bond	ICRA - AAA	0.17%
L&T Finance Ltd. · Bond	CRISIL - AAA	0.17%
Export - Import Bank of India · Bond	CRISIL - AAA	0.17%
Small Industries Development Bank · Bond	CRISIL - AAA	0.17%
National Housing Bank · Bond	CARE - AAA	0.17%
7.09% Andhra Pradesh SDL ISD 260325 MAT 260335 · State government security	Sovereign	0.16%
6.88% Andhra Pradesh SDL ISD 040425 MAT 040440 · State government security	Sovereign	0.16%
7.22% Bihar SDL ISD 060825 Mat 060840 · State government security	Sovereign	0.16%
7.45% Himachal Pradesh SDL ISD 191125 Mat 191140 · State government security	Sovereign	0.16%
7.48% Puducherry SDL Mat 170936 · State government security	Sovereign	0.16%
REC Limited. · Bond	CARE - AAA	0.16%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.16%
State Bank of India · Bond	ICRA - AAA	0.16%
REC Limited. · Bond	CRISIL - AAA	0.15%
Toyota Financial Services India Ltd. · Bond	CRISIL - AAA	0.15%
GOI STRIPS - Mat 250535 · Government security	Sovereign	0.14%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.14%
Nomura Capital India Pvt. Ltd. · Bond	IND - AAA	0.14%
National Highways Authority of India · Bond	CRISIL - AAA	0.14%
GOI STRIPS - Mat 251135 · Government security	Sovereign	0.13%
6.82% Bihar SDL - ISD 140721 Mat 140728 · State government security	Sovereign	0.13%
7.67% Haryana SDL MAT 250241 · State government security	Sovereign	0.13%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.13%
7.62% Andhra Pradesh SDL ISD 030925 MAT 030936 · State government security	Sovereign	0.11%
7.03% Maharashtra SDL ISD 250625 MAT 250638 · State government security	Sovereign	0.11%
7.24% GOI MAT 111233 · Government security	Sovereign	0.10%
REC Limited. · Bond	CRISIL - AAA	0.10%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.10%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.10%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.10%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.10%
7.66% RAJASTHAN SDL ISD 240124 Mat 240131 · State government security	Sovereign	0.09%
Reliance Industries Ltd. · Bond	CRISIL - AAA	0.09%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.09%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.09%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.09%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.09%
NTPC Limited · Bond	CRISIL - AAA	0.09%
National Highways Authority of India · Bond	CRISIL - AAA	0.09%
National Highways Authority of India · Bond	CRISIL - AAA	0.09%
7.14% Andhra Pradesh SDL ISD 081025 MAT 081033 · State government security	Sovereign	0.08%
7.73% Haryana SDL MAT 180245 · State government security	Sovereign	0.08%
7.11% Maharashtra SDL ISD 080125 MAT 080138 · State government security	Sovereign	0.08%
Larsen and Toubro Ltd. · Bond	CRISIL - AAA	0.08%
REC Limited. · Bond	CRISIL - AAA	0.08%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.08%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.08%
State Bank of India · Bond	ICRA - AAA	0.08%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.08%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.08%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.08%
SMFG India Home Finance Company Ltd · Bond	CARE - AAA	0.08%
L&T Finance Ltd. · Bond	CRISIL - AAA	0.08%
Export - Import Bank of India · Bond	CRISIL - AAA	0.08%
Small Industries Development Bank · Bond	CRISIL - AAA	0.08%
Small Industries Development Bank · Bond	CRISIL - AAA	0.08%
NTPC Limited · Bond	CRISIL - AAA	0.08%
Jamnagar Utilities & Power Pvt. Limited · Bond	CRISIL - AAA	0.08%
Tata Capital Ltd. · Bond	CRISIL - AAA	0.08%
7.48% Andhra Pradesh SDL ISD 030925 MAT 030933 · State government security	Sovereign	0.07%
NHPC Ltd. · Bond	CARE - AAA	0.07%
7.63% Gujarat SDL - MAT 100637 · State government security	Sovereign	0.06%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.06%
GOI STRIPS - Mat 120635 · Government security	Sovereign	0.05%
7.48% Andhra Pradesh SDL ISD 030925 MAT 030934 · State government security	Sovereign	0.05%
7.05% Haryana SDL ISD 250625 Mat 250638 · State government security	Sovereign	0.05%
7.72% Madhya Pradesh SDL ISD 180226 Mat 180245 · State government security	Sovereign	0.05%
REC Limited. · Bond	CRISIL - AAA	0.05%
Nomura Capital India Pvt. Ltd. · Bond	IND - AAA	0.05%
GOI STRIPS - Mat 221035 · Government security	Sovereign	0.04%
GOI STRIPS - Mat 121235 · Government security	Sovereign	0.04%
GOI STRIPS - Mat 220435 · Government security	Sovereign	0.03%
7.1% GOI MAT 270128 · Government security	Sovereign	0.03%
7.27% Andhra Pradesh SDL ISD 081025 MAT 081036 · State government security	Sovereign	0.03%
7.63% Gujarat SDL ISD 240124 Mat 240133 · State government security	Sovereign	0.03%
REC Limited. · Bond	CRISIL - AAA	0.03%
NHPC Ltd. · Bond	CARE - AAA	0.03%
NHPC Ltd. · Bond	CARE - AAA	0.03%
NHPC Ltd. · Bond	CARE - AAA	0.03%
NHPC Ltd. · Bond	CARE - AAA	0.03%
NHPC Ltd. · Bond	CARE - AAA	0.03%
7.64% Tamil Nadu SDL MAT 270729 · State government security	Sovereign	0.02%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.02%
Kotak Mahindra Prime Ltd.	CRISIL - AAA	0.02%
7.17% Tamilnadu SDL MAT 271129 · State government security	Sovereign	0.01%
7.36% Maharashtra SDL ISD 120423 Mat 120428 · State government security	Sovereign	0.00%
8.32% Uttar Pradesh SDL - Mat 130229 · State government security	Sovereign	0.00%
Power Grid Corporation of India Ltd. · Bond	CRISIL - AAA	0.00%

HDFC Corporate Bond Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
HDFC Banking and PSU Debt FundBanking & PSU · HDFC	24.8%	54	Compare
HDFC Short Term FundShort Duration · HDFC	23.3%	60	Compare
HDFC Floating Interest Rates FundFloater · HDFC	16.0%	40	Compare
ICICI Prudential Banking and PSU Debt FundBanking & PSU · ICICI Prudential	15.1%	26	Compare
ICICI Prudential Corporate Bond FundCorporate Bond · ICICI Prudential	14.9%	36	Compare
Axis Banking and PSU Debt FundBanking & PSU · Axis	14.4%	43	Compare
ICICI Prudential Short Term FundShort Duration · ICICI Prudential	14.2%	34	Compare
Kotak Corporate Bond FundCorporate Bond · Kotak Mahindra	13.7%	27	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

HDFC Corporate Bond Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.38%
Expense ratio (Regular): 0.63%
Category: Corporate Bond
Risk: Moderate
Benchmark: NIFTY Corporate Bond Index A-II
Launch date: 29-06-2010
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹29,478.92 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 118987
ISIN (Direct): INF179K01XD8
Scheme code (Regular): 113070
ISIN (Regular): INF179K01DC2
NAV history: From 01-01-2013, 13.8 years

Exit load: NIL

Tax on HDFC Corporate Bond Fund returns

HDFC Corporate Bond Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹34.9313	30-10-2026
direct	IDCW	₹21.4034	30-10-2026
direct	Quarterly IDCW	₹10.3375	30-10-2026
regular	Growth	₹34.0706	30-10-2026
regular	IDCW	₹20.6252	30-10-2026
regular	Quarterly IDCW	₹10.4351	30-10-2026

About HDFC Corporate Bond Fund

HDFC Corporate Bond Fund is a mutual fund from HDFC Mutual Fund. Its category is Corporate Bond. It was launched on 29-06-2010. Its benchmark is NIFTY Corporate Bond Index A-II. At the end of September 2026 it held 237 securities.

Fund Manager

Anupam Joshi
Fund manager of HDFC Corporate Bond Fund, since 27-10-2015
Gopal Agrawal
Fund manager of HDFC Corporate Bond Fund, since 01-09-2026

See all funds of HDFC Mutual Fund

AUM change

September 2026: ₹29,478.92 Cr; −2.67% from August 2026
August 2026: ₹30,286.08 Cr; −1.23% from July 2026
July 2026: ₹30,664.22 Cr; −0.19% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare HDFC Corporate Bond Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

HDFC Corporate Bond vs Franklin India Corporate BondCorporate Bond
HDFC Corporate Bond vs Baroda BNP Paribas Corporate BondCorporate Bond
HDFC Corporate Bond vs AXIS Corporate BondCorporate Bond
HDFC Corporate Bond vs DSP Corporate BondCorporate Bond
HDFC Corporate Bond vs Nippon India Corporate BondCorporate Bond
HDFC Corporate Bond vs HDFC Banking and PSU Debt24.8% overlap
HDFC Corporate Bond vs HDFC Short Term23.3% overlap
HDFC Corporate Bond vs HDFC Floating Interest Rates16.0% overlap

Compare with any other fund

Frequently Asked Questions for HDFC Corporate Bond Fund

What is the current NAV of HDFC Corporate Bond Fund?

The Direct plan NAV is ₹34.9313. The Regular plan NAV is ₹34.0706, as on 30-10-2026.

What are the returns of HDFC Corporate Bond Fund?

The Direct plan returned +2.83% in 1 year, +6.60% a year over 3 years, +6.02% a year over 5 years. The Regular plan returned +2.57% in 1 year, +6.34% a year over 3 years, +5.75% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of HDFC Corporate Bond Fund?

The Direct plan charges 0.38% a year. The Regular plan charges 0.63% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of HDFC Corporate Bond Fund?

HDFC Corporate Bond Fund managed ₹29,478.92 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HDFC Corporate Bond Fund?

At the end of September 2026 the largest holdings were 6.9% GOI MAT 150465 (3.90%), Bajaj Finance Ltd. (3.55%), State Bank of India (Tier 2 - Basel III) (2.54%), LIC Housing Finance Ltd. (1.69%), Small Industries Development Bank (1.69%). The fund held 237 securities in all.

How do I invest in HDFC Corporate Bond Fund?

Through HDFC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of HDFC Corporate Bond Fund?

Anupam Joshi (since 27-10-2015), Gopal Agrawal (since 01-09-2026).

What is the exit load of HDFC Corporate Bond Fund?

NIL

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.