HDFC Corporate Bond Fund Direct Growth

HDFC Corporate Bond Fund Direct Growth

Debt

HDFC Mutual Fund

Corporate Bond

Get the latest NAV of HDFC Corporate Bond Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹33.24

▲0.2%1D

NAV as on 16 May 2025

8.26%/per year

Since Inception

Absolute Gain%

▲▼

2343 people have invested ₹ 3Cr in HDFC Corporate Bond Fund Direct Growth in the last three months

Fund Performance

as on (16-May-25)

Period
This Fund
Corporate Bond Index
1 Month
1.12%
1.05%
3 Months
3.63%
3.21%
6 Months
5.46%
4.93%
1 Year
10.23%
9.33%
3 Years
8.34%
7.56%
5 Years
7.22%
6.47%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
HDFC Corporate Bond Fund
8/13
32,657Cr
0.36%
10.23%
8.34%
8.26%
Aditya Birla Sun Life Corporate Bond Fund Direct Growth
1/13
25,884Cr
0.33%
10.23%
8.27%
8.35%
Kotak Corporate Bond Fund Direct Growth
2/13
15,127Cr
0.34%
10.11%
8.04%
8.14%
Axis Corporate Bond Fund Direct Growth
3/13
6,773Cr
0.32%
10.45%
8.31%
7.78%
See all

HDFC Corporate Bond Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

0

Profit

Total Corpus

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Absolute Return
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HDFC Corporate Bond Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Debt & Cash 99.7%

AAA
100%
Debt allocation has gone up from 94.5% to 99.5%
Debt allocation has gone up from 94.5% to 99.5%
Cash allocation has gone down from 5.2% to 0.2%
Cash allocation has gone down from 5.2% to 0.2%

HDFC Corporate Bond Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Debt & Cash 99.7%

Corporate
55.5%
Government
41.4%
Cash Equivalent
3.1%

Top 2 Sectors in April were Corporate, Government

Apr'25

Corporate

64%

Government

36%

Mar'25

Corporate

60%

Government

35%

HDFC Corporate Bond Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.36%
Benchmark
NIFTY Corporate Bond TR INR
AUM₹32657 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
45.36%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

About HDFC Corporate Bond Fund

HDFC Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Anupam Joshi. This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Corporate Bond Fund Direct Growth has ₹32657 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

HDFC Corporate Bond Fund Direct Growth has given a CAGR return of 8.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.23%, 8.34% and 7.22% respectively.

Holdings

HDFC Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.23% Govt Stock 2039, 6.92% Govt Stock 2039, Bajaj Finance Ltd., 7.81% Govt Stock 2033, State Bank Of India

Taxation

As it is a corporate bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of HDFC Corporate Bond Fund Direct Growth

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Corporate Bond Fund Direct Growth has no lock in period.

Fund Manager

Anupam Joshi

Fund Manager of HDFC Corporate Bond Fund Direct Growth, since 27 October 2015

Learn more about HDFC Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 28.9K Cr
₹ 32.5K Cr
₹ 32.2K Cr
  • AUM of the fund stands at 28.9K Cr as of Apr'25
  • AUM decreased by 3.6K Cr between Apr'25 and Mar'25

Frequently Asked Questions for HDFC Corporate Bond Fund Direct Growth

What is the current NAV of HDFC Corporate Bond Fund Direct Growth?

The current NAV of HDFC Corporate Bond Fund Direct Growth is ₹33.24 as on 16-May-2025.

What are the average returns of HDFC Corporate Bond Fund Direct Growth?

Existing (Absolute + CAGR) as on 16-May-2025.
HDFC Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.12%
1.12%
6 Month Returns
5.46%
5.46%
1 Year Returns
10.23%
10.23%
3 Years Returns
27.17%
8.34%

How do I invest in HDFC Corporate Bond Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of HDFC Corporate Bond Fund Direct Growth?

0.36% as on April 2025

What is net assets under management (AUM) of HDFC Corporate Bond Fund Direct Growth?

₹32657 Cr as on April 2025

What are the top 5 holdings of HDFC Corporate Bond Fund Direct Growth?

7.23% Govt Stock 2039(4.34%), 6.92% Govt Stock 2039(3.52%), Bajaj Finance Ltd.(3.45%), 7.81% Govt Stock 2033(3.17%), State Bank Of India(2.48%) as on April 2025

What are the top 3 sectors that this HDFC Corporate Bond Fund Direct Growth has invested in?

Corporate(63.64%), Government(36.16%), Cash Equivalent(0.2%) as on April 2025

What is the yield to maturity ratio of HDFC Corporate Bond Fund Direct Growth?

Yield to Maturity is 7.05 as on April 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.

What is the modified duration of HDFC Corporate Bond Fund Direct Growth?

Modified Duration is 4.22 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of HDFC Corporate Bond Fund Direct Growth?

AAA
100

Who is the manager of HDFC Corporate Bond Fund Direct Growth?

Anupam Joshi is the fund manager of HDFC Corporate Bond Fund Direct Growth

What is the exit load of HDFC Corporate Bond Fund Direct Growth?

The Exit load of HDFC Corporate Bond Fund Direct Growth is 0%