HDFC Corporate Bond Fund Vs Aditya Birla Sun Life Corporate Bond Fund

Updated on October 6, 2025 , 3109 views

HDFC Corporate Bond Fund Vs Aditya Birla Sun Life Corporate Bond Fund both belong to the corporate category of Mutual Funds. Corporate bond funds are essentially a certificate of debt issued by major companies. These are issued as a way of raising money for businesses. Corporate bond funds are a great option when it comes to good return and low-risk type investment. Investors can earn a regular Income which is usually higher than that you would get as interest on your Fixed Deposits (FDs). As both the funds belong to the same category, here's a comparative article that will help investors in choosing the ideal fund. So, let us understand the differences between HDFC Corporate Bond Fund and Aditya Birla Sun Life Corporate Bond Fund through this article.

HDFC Corporate Bond Fund (Erstwhile HDFC Medium Term Opportunities Fund)

HDFC Corporate Bond Fund, earlier known as HDFC Medium Term Opportunities Fund, was launched in the year 2010. The fund is an open-ended income scheme that mainly invests in debt/ money market instruments and government Bonds with an average maturity of 60 months. HDFC Corporate Bond Fund can be considered for short-term investment goals.

Some of the top holdings of the fund (as on 31st July 2018) are Power Finance Corporation Ltd, Net Current Assets, ONGC Petro Additions Limited, Food Corporation Of India, ONGC Petro Additions Limited, etc.

Aditya Birla Sun Life Corporate Bond Fund (Erstwhile Aditya Birla Sun Life Short Term Fund)

Aditya Birla Sun Life Corporate Bond Fund, earlier known as Aditya Birla Sun Life Short Term Fund, was launched in the year 1997. The fund is an open-ended income scheme that seeks to generate income and Capital appreciation by Investing 100 percent of the corpus in a diversified Portfolio of debt and money Market securities.

Some of the top holdings of the fund as on July 31, 2018, are 6.84% Govt Stock 2022, ONGC Petro Additions Limited, 7.17% Govt Stock 2028, Reliance Jio Infocomm Limited, National Bank For Agriculture And Rural Development, etc.

HDFC Corporate Bond Fund Vs Aditya Birla Sun Life Corporate Bond Fund

Though both the funds belong to the same fund house and same category yet; there exists a difference between them with respect to AUM, current NAV, Fincash Ratings and much more. These differences are divided into four sections, namely, Basics Section, Performance Section, Yearly Performance Section, and Other Details Section. So, let us understand the differences between both the funds based on these sections.

Basics Section

The various comparable parameters in case of basics section are Scheme Category, AUM, expense ratio, Fincash Ratings, and Current NAV. To begin with the Scheme Category, it can be said that both the schemes belong to the same category that is, Corporate Bond Debt.

As per Fincash Ratings, we can say that both the fund is rated as 5-Star scheme.

The table given below summarizes the elements of this section.

Parameters
Basics	NAV
	Net Assets (Cr)
	Launch Date
	Rating
	Category
	Sub Cat.
	Category Rank
	Risk
	Expense Ratio
	Sharpe Ratio
	Information Ratio
	Alpha Ratio
	Benchmark
	Exit Load

HDFC Corporate Bond Fund Growth Fund Details
₹33.1345 ↑ 0.02 (0.05 %)
₹35,700 on 31 Aug 25
29 Jun 10
☆☆☆☆☆
Debt
Corporate Bond
2
Moderately Low
0.6
0.68
0
0
Not Available
NIL

Aditya Birla Sun Life Corporate Bond Fund Growth Fund Details
₹114.931 ↑ 0.07 (0.06 %)
₹28,109 on 31 Aug 25
3 Mar 97
☆☆☆☆☆
Debt
Corporate Bond
1
Moderately Low
0.52
0.66
0
0
Not Available
NIL

Performance Section

This section compares the CAGR or Compounded Annual Growth Rate for both the schemes at various time periods. Some of the time periods for which the performance is compared are 1 Month Returns, 6 Month Returns, 1 Year Returns and Returns Since Inception. In most instances Aditya Birla Sun Life Corporate Bond Fund has performed better than that of HDFC Corporate Bond Fund. The table given below shows the CAGR performance of both the schemes.

Parameters
Performance	1 Month
	3 Month
	6 Month
	1 Year
	3 Year
	5 Year
	Since launch

HDFC Corporate Bond Fund Growth Fund Details
0.9%
1.2%
3.4%
8%
8%
6.4%
8.2%

Aditya Birla Sun Life Corporate Bond Fund Growth Fund Details
0.9%
1.2%
3.3%
8%
8%
6.5%
8.9%

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Yearly Performance

Yearly performance between both the schemes compares the absolute returns generated by each scheme for a particular year. In case of yearly performance, there is not much difference between the returns generated between both the schemes. The summary of yearly performance section is tabulated as follows.

Parameters
Yearly Performance	2024
	2023
	2022
	2021
	2020

HDFC Corporate Bond Fund Growth Fund Details
8.6%
7.2%
3.3%
3.9%
11.8%

Aditya Birla Sun Life Corporate Bond Fund Growth Fund Details
8.5%
7.3%
4.1%
4%
11.9%

Other Details Section

This is the last section of comparing funds. The comparable parameters that form part of Other Details Section include Minimum SIP and Lumpsum Investment. Being a part of the same fund house, the Minimum SIP and Lumpsum Investment for both HDFC Balanced Fund and HDFC Prudence Fund are different. The minimum SIP investment for HDFC's fund is INR 500, while for Aditya Birla's fund it is INR 1,000. The minimum lump sum for Aditya Birla Sun Life Corporate Bond Fund is INR 1,000 and for HDFC Corporate Bond Fund is it INR 5,000.

The table given below summarizes the other details section.

HDFC Corporate Bond Fund is jointly managed by Anupam Joshi and Rakesh Vyas.

Aditya Birla Sun Life Corporate Bond Fund is jointly managed by two fund manager- Maneesh Dangi and Kaustubh Gupta.

Parameters
Other Details	Min SIP Investment
Other Details	Min Investment
Fund Manager

HDFC Corporate Bond Fund Growth Fund Details
₹300
₹5,000
Anupam Joshi - 9.85 Yr.

Aditya Birla Sun Life Corporate Bond Fund Growth Fund Details
₹100
₹1,000
Kaustubh Gupta - 4.39 Yr.

Growth of 10k Investments over the years

Growth of 10,000 investment over the years.

Bandhan Corporate Bond Fund Growth Fund Details

Date	Value
30 Sep 20	₹10,000
30 Sep 21	₹10,612
30 Sep 22	₹10,795
30 Sep 23	₹11,518
30 Sep 24	₹12,407
30 Sep 25	₹13,355

Growth of 10,000 investment over the years.

Aditya Birla Sun Life Corporate Bond Fund Growth Fund Details

Date	Value
30 Sep 20	₹10,000
30 Sep 21	₹10,613
30 Sep 22	₹10,931
30 Sep 23	₹11,729
30 Sep 24	₹12,742
30 Sep 25	₹13,692

Detailed Assets & Holdings Comparison

Asset Allocation

Bandhan Corporate Bond Fund Growth Fund Details

Asset Class	Value
Cash	3.02%
Debt	96.7%
Other	0.28%

Debt Sector Allocation

Sector	Value
Corporate	59.75%
Government	36.95%
Cash Equivalent	3.02%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.33% Govt Stock 2035 Sovereign Bonds \| -	12%	₹1,927 Cr	195,000,000 ↑ 56,500,000
Bajaj Housing Finance Limited Debentures \| -	6%	₹931 Cr	92,500,000
Larsen And Toubro Limited Debentures \| -	4%	₹614 Cr	60,000,000
Reliance Industries Limited Debentures \| -	4%	₹604 Cr	57,500,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	4%	₹601 Cr	58,000,000 ↓ -53,500,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	4%	₹588 Cr	56,500,000 ↓ -18,000,000
Bajaj Finance Limited Debentures \| -	4%	₹587 Cr	58,500,000 ↓ -14,000,000
6.68% Govt Stock 2040 Sovereign Bonds \| -	3%	₹439 Cr	44,500,000 ↑ 34,500,000
Indian Oil Corporation Limited Debentures \| -	3%	₹434 Cr	42,500,000
Ultratech Cement Limited Debentures \| -	3%	₹430 Cr	42,500,000

Asset Allocation

Aditya Birla Sun Life Corporate Bond Fund Growth Fund Details

Asset Class	Value
Cash	3.14%
Debt	96.58%
Other	0.28%

Debt Sector Allocation

Sector	Value
Corporate	55.36%
Government	40.11%
Cash Equivalent	3.14%
Securitized	1.11%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.92% Govt Stock 2039 Sovereign Bonds \| -	9%	₹2,654 Cr	263,736,200 ↓ -5,000,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	8%	₹2,232 Cr	220,000,000 ↑ 6,500,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹1,153 Cr	113,500
6.68% Govt Stock 2040 Sovereign Bonds \| -	3%	₹784 Cr	79,500,000 ↑ 16,000,000
Small Industries Development Bank Of India Debentures \| -	3%	₹748 Cr	74,550
Jamnagar Utilities & Power Private Limited Debentures \| -	2%	₹586 Cr	59,000
Rec Limited Debentures \| -	2%	₹580 Cr	60,000
7.1% Govt Stock 2034 Sovereign Bonds \| -	2%	₹570 Cr	55,161,700
Bajaj Housing Finance Limited Debentures \| -	2%	₹560 Cr	55,000
7.34% Govt Stock 2064 Sovereign Bonds \| -	2%	₹533 Cr	53,000,000 ↓ -4,500,000

Thus, from the above pointers, it can be said that both the schemes are different in case of various parameters though they belong to the same category and fund house. Therefore, individuals should always do a detailed study about a scheme before investing in it. They should check whether the fund’s objective is in-line with their objective. If required, people can consult a financial advisor for advice. This will ensure that their investment is safe and it paves way for wealth creation.