AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in हिंदी

HDFC Corporate Bond Fund - Direct Plan - Quarterly IDCW Option

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.

AMC websiteScheme documentsNAV history (AMFI)हिंदी में

HDFC Mutual FundCorporate Bond FundsDirect · IDCW (income distribution)Riskometer: Low to Moderate Risk
NAV · 16 Oct 2026₹10.3632▲ 0.02% (1 day)
  • Current NAV₹10.3632
  • Fund Size (AUM)₹ 29,479 Cr.
  • Expense Ratio0.38 %
  • 1Y Return-0.85%
  • 3Y Return (CAGR)+0.78%
  • 5Y Return (CAGR)+0.01%
  • Category Rank (3Y)—
  • RiskometerLow to Moderate Risk
  • Min. SIP / Lump sum₹ 100 / ₹ 100
More figures (11)
  • Since Launch (CAGR)+0.17%
  • Benchmark—
  • Volatility (3Y)3.35 %
  • Sharpe Ratio (3Y)-1.71
  • Beta (3Y)—
  • 52-week High / Low₹10.6260 / ₹10.3236
  • Max Drawdown-7.8 %
  • Launched1 Jan 2013
  • Lock-inNone
  • Portfolio Turnover—
  • Fund ManagersAnupam Joshi, Dhruv Muchhal

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Over 5 years it returned 0.0% a year.
  • Volatility over 3 years was 3.4% a year, with a Sharpe ratio of -1.71.
  • Its biggest fall from a peak was 7.8% (25 Jun 2020 to 7 Jun 2022).
  • Across all 3-year periods since launch, yearly returns ranged from -1.8% to 2.2% and were positive 52% of the time.
  • Expense ratio 0.38%, fund size ₹29,479 crore.

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund-0.33%-0.97%-0.94%-0.76%-0.59%-0.85%+0.42%+0.78%+0.01%+0.09%-0.07%+0.17%

Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Corporate Bond Funds. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD2025202420232022202120202019201820172016
This fund-0.59%+2.08%+0.84%+0.09%-1.35%-2.45%+2.35%+2.02%+0.07%-2.96%+1.75%

January to December each year; the current year is to date.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?3.35%3.46%
Sharpe ratio ?-1.71-1.88
Sortino ratio ?-1.76-1.92
Maximum drawdown-2.57%-3.60%

Rolling 3-year returns (yearly)

Lowest-1.82%
Median+0.06%
Highest+2.18%
Positive52% of periods
Above 12% a year0% of periods

Rolling 5-year returns (yearly)

Lowest-0.86%
Median-0.01%
Highest+0.92%
Positive48% of periods
Above 12% a year0% of periods

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRR
1Y₹1,20,000₹1,18,797₹-1,203-1.85%
3Y₹3,60,000₹3,60,127₹127+0.02%
5Y₹6,00,000₹6,02,960₹2,960+0.19%
10Y₹12,00,000₹12,01,644₹1,644+0.03%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

Compare with all Corporate Bond Funds (21)

About Corporate Bond Funds
Scheme (Direct plans, Growth)NAV1M6M1Y3Y5Y
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan - GROWTHAditya Birla Sun Life Mutual Fund₹121.1576—————
AXIS Corporate Bond Fund - Direct Plan - Growth OptionAxis Mutual Fund₹19.3507—————
BANDHAN Corporate Bond Fund - Direct Plan - GrowthBandhan Mutual Fund₹21.2037—————
BARODA BNP PARIBAS CORPORATE BOND FUND - Direct Plan - Growth OptionBaroda BNP Paribas Mutual Fund₹31.3832—————
Canara Robeco Corporate Bond Fund - Direct Plan - GROWTH OPTIONCanara Robeco Mutual Fund₹24.6144—————
DSP Corporate Bond Fund - Direct Plan - GrowthDSP Mutual Fund₹17.5575—————
Franklin India Corporate Bond Fund - Direct Plan - GrowthFranklin Templeton Mutual Fund₹116.3795—————
HDFC Corporate Bond Fund - Direct Plan - Growth OptionHDFC Mutual Fund₹35.0182—————
HSBC Corporate Bond Fund - Direct Plan - GrowthHSBC Mutual Fund₹83.1540—————
ICICI Prudential Corporate Bond Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹33.4132—————
Invesco India Corporate Bond Fund - Direct Plan - GrowthInvesco Mutual Fund₹3,603.80—————
Kotak Corporate Bond Fund - Direct Plan - Growth OptionKotak Mahindra Mutual Fund₹4,194.87—————
Mirae Asset Corporate Bond Fund - Direct Plan - GrowthMirae Asset Mutual Fund₹13.8255—————
Nippon India Corporate Bond Fund - Direct Plan - Growth OptionNippon India Mutual Fund₹67.1084—————
PGIM India Corporate Bond Fund - Direct Plan - Direct GrowthPGIM India Mutual Fund₹50.9853—————
SBI Corporate Bond Fund - Direct Plan - GrowthSBI Mutual Fund₹17.0060—————
Sundaram Corporate Bond Fund - Direct Plan - GROWTHSundaram Mutual Fund₹44.0630—————
Tata Corporate Bond Fund - Direct Plan - Growth OptionTata Mutual Fund₹13.4173—————
TRUSTMF CORPORATE BOND FUND - Direct Plan - GrowthTrust Mutual Fund₹1,275.69—————
Union Corporate Bond Fund - Direct Plan - Growth OptionUnion Mutual Fund₹16.4599—————
UTI - Corporate Bond Fund - Direct Plan - GrowthUTI Mutual Fund₹17.8633—————

Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).

Scheme details

Investment objective
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
Anupam Joshi, Dhruv Muchhal
Fund house
HDFC Mutual Fund
Category
Corporate Bond Funds · Debt
Plan / option
Direct · IDCW (income distribution)
AMFI scheme code
118986
ISIN
INF179K01XB2, INF179K01XC0
Scheme documents
SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.

About Corporate Bond Funds

Corporate Bond Funds invest at least 80% in corporate bonds rated AA+ and above.

Generally used by investors seeking relatively high-quality corporate debt over 2–3+ years.

Other plans of this scheme

Fund managers

AJ
Anupam JoshiFund manager
DM
Dhruv MuchhalFund manager

From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.

Questions about this scheme

What is the NAV of HDFC Corporate Bond Fund today?
The latest NAV of HDFC Corporate Bond Fund - Direct Plan - Quarterly IDCW Option is ₹10.3632 as on 16 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has HDFC Corporate Bond Fund given?
As on 16 Oct 2026: 1 year -0.85%, 3 years +0.78% a year, 5 years +0.01% a year. Past returns may or may not be sustained in future.
What is the expense ratio of HDFC Corporate Bond Fund?
The expense ratio of the Direct plan is 0.38% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Low to Moderate Risk. Over 3 years its volatility was 3.4% a year and its biggest fall from a peak was 2.6%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Corporate Bond Funds?
Corporate Bond Funds invest at least 80% in corporate bonds rated AA+ and above.
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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