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10 Best Performing Corporate Bond Mutual Funds 2022 | Fincash.com

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10 Corporate Bond Mutual Funds to Invest 2022 - 2023

Updated on June 23, 2022 , 79613 views

In recent years, a new route to Investing directly in companies has opened up through Corporate Bonds. 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).

Companies that have a threat of going bust also usually offer higher interest rates. Investors who are keen to invest in corporate bond funds can consider the schemes belows in the article.

Types of Corporate Bond Funds

There are broadly two types of funds –

  • Corporate bonds that invest in high-rated companies, i.e, - public sector unit (PSU) companies and banks
  • Corporate bonds investing in slightly lower rates companies such as 'AA-'

Who Should Invest in Corporate Bonds?

These funds are a good option for the investors who are looking for higher Fixed Income as well as a safe investment. Corporate bonds ensure Capital protection. If you are planning to invest in this fund, then it is advisable to put a majority of funds in high-quality debt instruments so that you earn optimal returns.

Features of Corporate Bond Funds

Price of the bond

Every bond has a price. One can buy the same bond at different prices, based on the time one chooses to buy.

Par value

par value is basically the loan principal. It is the amount the company, i.e., the bond issuer gives you when the bond matures. In India, a corporate bond’s Par value is usually INR 1000.

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Top Rated Corporate Bond Mutual Funds FY 22 - 23

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2021 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Nippon India Prime Debt Fund Growth ₹47.575
↑ 0.00
₹2,745-0.20.83.26.44.76.88%1Y 6M 29D1Y 11M 26D
ICICI Prudential Corporate Bond Fund Growth ₹23.6408
↓ 0.00
₹17,4380.10.72.86.74.16.4%1Y 1M 20D4Y 5M 8D
Sundaram Corporate Bond Fund Growth ₹32.5517
↑ 0.00
₹1,10400.92.773.56.29%10M 17D11M 14D
Kotak Corporate Bond Fund Standard Growth ₹3,018.39
↑ 0.11
₹9,454-0.30.52.76.23.86.42%1Y 29D2Y 6M 29D
Aditya Birla Sun Life Corporate Bond Fund Growth ₹89.5897
↑ 0.01
₹15,349-0.40.62.76.947.14%1Y 8M 19D2Y 8M 23D
Franklin India Corporate Debt Fund Growth ₹79.9934
↑ 0.00
₹760-0.30.42.45.73.86.27%1Y 22D1Y 2M 16D
HDFC Corporate Bond Fund Growth ₹25.8135
↓ -0.01
₹22,197-1.1-0.426.63.96.53%2Y 5M 12D4Y 7M 24D
IDFC Corporate Bond Fund Growth ₹15.5509
↑ 0.00
₹16,791-1-0.126.33.76.65%1Y 7M 17D1Y 10M 2D
Canara Robeco Corporate Bond Fund Growth ₹17.8881
↑ 0.00
₹222-0.40.325.62.86.23%1Y 5M 8D1Y 7M 24D
Invesco India Corporate Bond Fund Growth ₹2,559.4
↑ 0.70
₹2,565-0.801.96.33.46.47%1Y 5M 5D1Y 7M 20D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jun 22
*List of best mutual funds having Net Assets/ AUM more than 100 Crore , manging fund for more than 3 Year & sorted on last 1 year return

1. Nippon India Prime Debt Fund

(Erstwhile Reliance Medium Term Fund)

The primary investment objective of the Scheme is to generate regular income in order to make regular dividend payments to unit-holders and the secondary objective is growth of capital.

Nippon India Prime Debt Fund is a Debt - Corporate Bond fund was launched on 14 Sep 00. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 20 in Corporate Bond category.  Return for 2021 was 4.7% , 2020 was 9.5% and 2019 was 7.8% .

Below is the key information for Nippon India Prime Debt Fund

Nippon India Prime Debt Fund
Growth
Launch Date 14 Sep 00
NAV (24 Jun 22) ₹47.575 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹2,745 on 31 May 22
Category Debt - Corporate Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately Low
Expense Ratio 0.71
Sharpe Ratio -0.21
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 6.88%
Effective Maturity 1 Year 11 Months 26 Days
Modified Duration 1 Year 6 Months 29 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,601
31 May 19₹11,505
31 May 20₹12,336
31 May 21₹13,329
31 May 22₹13,781

Nippon India Prime Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Nippon India Prime Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.2%
3 Month -0.2%
6 Month 0.8%
1 Year 3.2%
3 Year 6.4%
5 Year 6.5%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2021 4.7%
2020 9.5%
2019 7.8%
2018 6.9%
2017 6.6%
2016 9.1%
2015 8.7%
2014 9.3%
2013 8.5%
2012 9.8%
Fund Manager information for Nippon India Prime Debt Fund
NameSinceTenure
Vivek Sharma1 Feb 202.33 Yr.
Kinjal Desai25 May 184.02 Yr.

Data below for Nippon India Prime Debt Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash8.4%
Debt91.6%
Debt Sector Allocation
SectorValue
Corporate52.86%
Government42.22%
Cash Equivalent4.7%
Securitized0.22%
Credit Quality
RatingValue
AA11.14%
AAA88.86%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Hindustan Petroleum Corporation Limited
Debentures | -
5%₹151 Cr1,500
Summit Digitel Infrastructure Private Limited
Debentures | -
4%₹115 Cr1,200
08.62 MH Sdl 2023
Sovereign Bonds | -
4%₹112 Cr11,000,000
Indinfravit Trust
Debentures | -
4%₹98 Cr1,000
State Bank Of India
Debentures | -
4%₹97 Cr1,000
Power Finance Corporation Ltd.
Debentures | -
3%₹91 Cr910
↑ 910
Indian Oil Corporation Limited
Debentures | -
3%₹89 Cr900
↑ 900
National Bank For Agriculture And Rural Development
Debentures | -
3%₹76 Cr750
Shriram City Union Finance Limited
Debentures | -
3%₹74 Cr750
Rural Electrification Corporation Limited
Debentures | -
3%₹73 Cr750

2. ICICI Prudential Corporate Bond Fund

(Erstwhile ICICI Prudential Ultra Short Term Plan)

ICICI Prudential Ultra Short Term Plan is an open-ended income fund that intends to generate regular income through investments in a basket of debt and money market instruments of very short maturities with a view to providing reasonable returns, while maintaining an optimum balance of safety, liquidity and yield. However, there can be no assurance that the investment objective of the scheme will be realized.

ICICI Prudential Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 11 Aug 09. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.9% since its launch.  Ranked 7 in Corporate Bond category.  Return for 2021 was 4.1% , 2020 was 10.4% and 2019 was 9.9% .

Below is the key information for ICICI Prudential Corporate Bond Fund

ICICI Prudential Corporate Bond Fund
Growth
Launch Date 11 Aug 09
NAV (24 Jun 22) ₹23.6408 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹17,438 on 31 May 22
Category Debt - Corporate Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.59
Sharpe Ratio -0.41
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 6.4%
Effective Maturity 4 Years 5 Months 8 Days
Modified Duration 1 Year 1 Month 20 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,521
31 May 19₹11,472
31 May 20₹12,644
31 May 21₹13,548
31 May 22₹13,988

ICICI Prudential Corporate Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for ICICI Prudential Corporate Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0%
3 Month 0.1%
6 Month 0.7%
1 Year 2.8%
3 Year 6.7%
5 Year 6.7%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
2021 4.1%
2020 10.4%
2019 9.9%
2018 6.4%
2017 6.3%
2016 9.8%
2015 8.8%
2014 9.4%
2013 8.5%
2012 9%
Fund Manager information for ICICI Prudential Corporate Bond Fund
NameSinceTenure
Rahul Goswami16 Oct 174.63 Yr.
Anuj Tagra2 Mar 202.25 Yr.
Chandni Gupta3 Aug 165.83 Yr.

Data below for ICICI Prudential Corporate Bond Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash17.7%
Debt82.3%
Debt Sector Allocation
SectorValue
Corporate46.63%
Government35.45%
Cash Equivalent17.7%
Securitized0.22%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.53% Govt Stock 2033
Sovereign Bonds | -
14%₹2,444 Cr246,321,700
↑ 5,000,000
Reliance Industries Limited
Debentures | -
8%₹1,401 Cr13,500
National Bank For Agriculture And Rural Development
Debentures | -
6%₹999 Cr10,000
Housing Development Finance Corporation Limited
Debentures | -
4%₹698 Cr7,000
4.93% Govt Stock 2028
Sovereign Bonds | -
3%₹567 Cr57,671,000
6.54% Govt Stock 2032
Sovereign Bonds | -
3%₹545 Cr57,566,530
↓ -40,000,000
Hdb Financial Services Limited
Debentures | -
3%₹518 Cr5,180
4.68% Govt Stock 2034
Sovereign Bonds | -
3%₹498 Cr51,217,650
Pipeline Infrastructure Limited
Debentures | -
2%₹374 Cr3,619
Rec Limited
Debentures | -
2%₹351 Cr3,500

3. Sundaram Corporate Bond Fund

(Erstwhile Sundaram Flexible Fund-Flexible Income Plan)

To generate reasonable returns by creating a portfolio comprising substantially of fixed income instruments and money market instruments by keeping the interest rate risk of the fund low.

Sundaram Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 30 Dec 04. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7% since its launch.  Ranked 15 in Corporate Bond category.  Return for 2021 was 3.5% , 2020 was 11% and 2019 was 11.3% .

Below is the key information for Sundaram Corporate Bond Fund

Sundaram Corporate Bond Fund
Growth
Launch Date 30 Dec 04
NAV (24 Jun 22) ₹32.5517 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹1,104 on 31 May 22
Category Debt - Corporate Bond
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.51
Sharpe Ratio -0.84
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 250
Exit Load NIL
Yield to Maturity 6.29%
Effective Maturity 11 Months 14 Days
Modified Duration 10 Months 17 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,283
31 May 19₹11,318
31 May 20₹12,627
31 May 21₹13,523
31 May 22₹13,881

Sundaram Corporate Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Sundaram Corporate Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.3%
3 Month 0%
6 Month 0.9%
1 Year 2.7%
3 Year 7%
5 Year 6.6%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
2021 3.5%
2020 11%
2019 11.3%
2018 4.8%
2017 5.4%
2016 11.7%
2015 8.7%
2014 14.9%
2013 -0.3%
2012 8.7%
Fund Manager information for Sundaram Corporate Bond Fund
NameSinceTenure
Dwijendra Srivastava31 Jul 1011.84 Yr.
Sandeep Agarwal1 Jun 1210 Yr.

Data below for Sundaram Corporate Bond Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash13.78%
Debt86.22%
Debt Sector Allocation
SectorValue
Government54.34%
Corporate38.43%
Cash Equivalent7.23%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
08.42 Tn SDL 2023
Sovereign Bonds | -
5%₹51 Cr5,000,000
National Bank For Agriculture And Rural Development
Debentures | -
5%₹50 Cr500
↑ 250
Housing And Urban Development Corporation Limited
Debentures | -
4%₹50 Cr500
Hindustan Petroleum Corporation Limited
Debentures | -
4%₹49 Cr500
Housing Development Finance Corporation Ltd
Debentures | -
4%₹46 Cr450
Housing And Urban Development Corporation Limited
Debentures | -
4%₹40 Cr400
Reliance Industries Limited
Debentures | -
3%₹35 Cr350
LIC Housing Finance Limited
Debentures | -
3%₹35 Cr350
LIC Housing Finance Limited
Debentures | -
3%₹31 Cr300
National Housing Bank
Debentures | -
3%₹30 Cr300

4. Kotak Corporate Bond Fund Standard

The primary objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities. However, there is no assurance that the objective of the scheme will be realized.

Kotak Corporate Bond Fund Standard is a Debt - Corporate Bond fund was launched on 21 Sep 07. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.8% since its launch.  Ranked 15 in Corporate Bond category.  Return for 2021 was 3.8% , 2020 was 9.7% and 2019 was 9.6% .

Below is the key information for Kotak Corporate Bond Fund Standard

Kotak Corporate Bond Fund Standard
Growth
Launch Date 21 Sep 07
NAV (24 Jun 22) ₹3,018.39 ↑ 0.11   (0.00 %)
Net Assets (Cr) ₹9,454 on 31 May 22
Category Debt - Corporate Bond
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.44
Sharpe Ratio -0.59
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.42%
Effective Maturity 2 Years 6 Months 29 Days
Modified Duration 1 Year 29 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,642
31 May 19₹11,616
31 May 20₹12,686
31 May 21₹13,565
31 May 22₹13,974

Kotak Corporate Bond Fund Standard SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Kotak Corporate Bond Fund Standard

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month
3 Month -0.3%
6 Month 0.5%
1 Year 2.7%
3 Year 6.2%
5 Year 6.8%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2021 3.8%
2020 9.7%
2019 9.6%
2018 7.5%
2017 6.9%
2016 9.4%
2015 8.8%
2014 11.3%
2013 6.2%
2012 9.4%
Fund Manager information for Kotak Corporate Bond Fund Standard
NameSinceTenure
Deepak Agrawal31 Jan 157.33 Yr.
Vihag Mishra30 Apr 220.09 Yr.

Data below for Kotak Corporate Bond Fund Standard as on 31 May 22

Asset Allocation
Asset ClassValue
Cash20.36%
Debt79.64%
Debt Sector Allocation
SectorValue
Corporate55.59%
Government27.66%
Cash Equivalent16.75%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.53% Govt Stock 2033
Sovereign Bonds | -
6%₹607 Cr61,172,660
Power Finance Corporation Ltd.
Debentures | -
5%₹472 Cr4,700
Bajaj Finance Limited
Debentures | -
3%₹297 Cr3,050
Housing Development Finance Corporation Limited
Debentures | -
3%₹250 Cr2,500
Jamnagar Utilities & Power Private Limited
Debentures | -
3%₹249 Cr2,600
182 Dtb 15092022
Sovereign Bonds | -
3%₹246 Cr25,000,000
4.81% Govt Stock 2031
Sovereign Bonds | -
2%₹226 Cr22,667,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹215 Cr2,250
Rural Electrification Corporation Limited
Debentures | -
2%₹211 Cr2,100
Bajaj Housing Finance Limited
Debentures | -
2%₹199 Cr2,000

5. Aditya Birla Sun Life Corporate Bond Fund

(Erstwhile Aditya Birla Sun Life Short Term Fund)

An Open-ended income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.

Aditya Birla Sun Life Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 3 Mar 97. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 9.1% since its launch.  Ranked 1 in Corporate Bond category.  Return for 2021 was 4% , 2020 was 11.9% and 2019 was 9.6% .

Below is the key information for Aditya Birla Sun Life Corporate Bond Fund

Aditya Birla Sun Life Corporate Bond Fund
Growth
Launch Date 3 Mar 97
NAV (24 Jun 22) ₹89.5897 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹15,349 on 15 Jun 22
Category Debt - Corporate Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.45
Sharpe Ratio -0.62
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.14%
Effective Maturity 2 Years 8 Months 23 Days
Modified Duration 1 Year 8 Months 19 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,538
31 May 19₹11,555
31 May 20₹12,785
31 May 21₹13,809
31 May 22₹14,197

Aditya Birla Sun Life Corporate Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Aditya Birla Sun Life Corporate Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.1%
3 Month -0.4%
6 Month 0.6%
1 Year 2.7%
3 Year 6.9%
5 Year 7.1%
10 Year
15 Year
Since launch 9.1%
Historical performance (Yearly) on absolute basis
YearReturns
2021 4%
2020 11.9%
2019 9.6%
2018 7%
2017 6.5%
2016 10.2%
2015 8.9%
2014 10.9%
2013 8.4%
2012 10.6%
Fund Manager information for Aditya Birla Sun Life Corporate Bond Fund
NameSinceTenure
Kaustubh Gupta12 Apr 211.13 Yr.

Data below for Aditya Birla Sun Life Corporate Bond Fund as on 15 Jun 22

Asset Allocation
Asset ClassValue
Cash16.19%
Debt83.81%
Debt Sector Allocation
SectorValue
Corporate48.15%
Government37.45%
Cash Equivalent13.14%
Securitized1.26%
Credit Quality
RatingValue
AA5.87%
AAA94.13%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.53% Govt Stock 2033
Sovereign Bonds | -
3%₹469 Cr47,308,500
↑ 500,000
Larsen And Toubro Limited
Debentures | -
2%₹405 Cr4,050
↑ 1,750
Bajaj Housing Finance Limited
Debentures | -
2%₹392 Cr4,000
Sikka Ports & Terminals Limited
Debentures | -
2%₹367 Cr3,650
5.63% Govt Stock 2026
Sovereign Bonds | -
2%₹339 Cr35,562,000
↑ 32,500,000
Sikka Ports & Terminals Limited
Debentures | -
2%₹331 Cr3,250
National Bank For Agriculture And Rural Development
Debentures | -
2%₹326 Cr3,250
Power Finance Corporation Ltd.
Debentures | -
2%₹271 Cr2,700
7.27% Govt Stock 2026
Sovereign Bonds | -
2%₹264 Cr26,318,800
Power Finance Corporation Ltd.
Debentures | -
1%₹251 Cr2,500

6. Franklin India Corporate Debt Fund

(Erstwhile Franklin India Income Builder Account - Plan A)

The investment objective of the Scheme is primarily to provide investors Regular income under the Dividend Plan and Capital appreciation under the Growth Plan.

Franklin India Corporate Debt Fund is a Debt - Corporate Bond fund was launched on 23 Jun 97. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.7% since its launch.  Ranked 22 in Corporate Bond category.  Return for 2021 was 3.8% , 2020 was 9% and 2019 was 9.2% .

Below is the key information for Franklin India Corporate Debt Fund

Franklin India Corporate Debt Fund
Growth
Launch Date 23 Jun 97
NAV (24 Jun 22) ₹79.9934 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹760 on 15 Jun 22
Category Debt - Corporate Bond
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderate
Expense Ratio 0.88
Sharpe Ratio -1.06
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load 0-1 Years (0.5%),1 Years and above(NIL)
Yield to Maturity 6.27%
Effective Maturity 1 Year 2 Months 16 Days
Modified Duration 1 Year 22 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,598
31 May 19₹11,544
31 May 20₹12,489
31 May 21₹13,518
31 May 22₹13,835

Franklin India Corporate Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Franklin India Corporate Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.2%
3 Month -0.3%
6 Month 0.4%
1 Year 2.4%
3 Year 5.7%
5 Year 6.5%
10 Year
15 Year
Since launch 8.7%
Historical performance (Yearly) on absolute basis
YearReturns
2021 3.8%
2020 9%
2019 9.2%
2018 7.5%
2017 7.7%
2016 9%
2015 8.4%
2014 13%
2013 7.5%
2012 12%
Fund Manager information for Franklin India Corporate Debt Fund
NameSinceTenure
Sachin Padwal-Desai25 Oct 183.6 Yr.
Santosh Kamath1 Aug 183.84 Yr.
Umesh Sharma25 Oct 183.6 Yr.

Data below for Franklin India Corporate Debt Fund as on 15 Jun 22

Asset Allocation
Asset ClassValue
Cash11.55%
Debt88.45%
Debt Sector Allocation
SectorValue
Government55.37%
Corporate33.08%
Cash Equivalent11.55%
Credit Quality
RatingValue
AA3.79%
AAA96.21%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Food Corporation Of India
Debentures | -
7%₹56 Cr550
Sikka Ports & Terminals Limited
Debentures | -
7%₹51 Cr500
Housing Development Finance Corporation Ltd
Debentures | -
7%₹50 Cr500
Ntpc Limited
Debentures | -
7%₹50 Cr500
182 Dtb 29092022
Sovereign Bonds | -
6%₹49 Cr5,000,000
National Bank For Agriculture And Rural Development
Debentures | -
6%₹49 Cr500
Sundaram Finance Limited
Debentures | -
4%₹31 Cr250
Rural Electrification Corporation Limited
Debentures | -
3%₹25 Cr250
National Highways Authority Of India
Debentures | -
3%₹25 Cr250
Hindustan Petroleum Corporation Limited
Debentures | -
3%₹25 Cr250

7. HDFC Corporate Bond Fund

(Erstwhile HDFC Medium Term Opportunities Fund)

To generate regular income through investments in Debt/ Money Market Instruments and Government Securities with maturities not exceeding 60 months.

HDFC Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 29 Jun 10. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.2% since its launch.  Ranked 2 in Corporate Bond category.  Return for 2021 was 3.9% , 2020 was 11.8% and 2019 was 10.3% .

Below is the key information for HDFC Corporate Bond Fund

HDFC Corporate Bond Fund
Growth
Launch Date 29 Jun 10
NAV (24 Jun 22) ₹25.8135 ↓ -0.01   (-0.03 %)
Net Assets (Cr) ₹22,197 on 31 May 22
Category Debt - Corporate Bond
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.58
Sharpe Ratio -0.87
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load NIL
Yield to Maturity 6.53%
Effective Maturity 4 Years 7 Months 24 Days
Modified Duration 2 Years 5 Months 12 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,504
31 May 19₹11,550
31 May 20₹12,813
31 May 21₹13,786
31 May 22₹14,102

HDFC Corporate Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for HDFC Corporate Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month -0.1%
3 Month -1.1%
6 Month -0.4%
1 Year 2%
3 Year 6.6%
5 Year 6.9%
10 Year
15 Year
Since launch 8.2%
Historical performance (Yearly) on absolute basis
YearReturns
2021 3.9%
2020 11.8%
2019 10.3%
2018 6.5%
2017 6.5%
2016 10.6%
2015 8.6%
2014 10.9%
2013 7.6%
2012 10.5%
Fund Manager information for HDFC Corporate Bond Fund
NameSinceTenure
Anupam Joshi27 Oct 156.6 Yr.
Sankalp Baid22 Jan 211.35 Yr.

Data below for HDFC Corporate Bond Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash3.06%
Debt96.94%
Debt Sector Allocation
SectorValue
Corporate50.78%
Government45.99%
Cash Equivalent3.06%
Securitized0.17%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.97% Govt Stock 2026
Sovereign Bonds | -
7%₹1,494 Cr150,000,000
6.79% Govt Stock 2027
Sovereign Bonds | -
6%₹1,233 Cr125,000,000
5.53% Govt Stock 2033
Sovereign Bonds | -
5%₹1,076 Cr108,500,000
4.93% Govt Stock 2028
Sovereign Bonds | -
4%₹885 Cr90,000,000
↑ 30,000,000
4.68% Govt Stock 2034
Sovereign Bonds | -
4%₹802 Cr82,500,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹745 Cr7,650
Ultratech Cement Limited
Debentures | -
3%₹729 Cr7,500
Bajaj Finance Limited
Debentures | -
3%₹716 Cr7,300
State Bank Of India
Debentures | -
3%₹658 Cr6,500
Mangalore Refinery And Petrochemicals Limited
Debentures | -
2%₹551 Cr5,720

8. IDFC Corporate Bond Fund

The Fund seeks to provide steady income and capital appreciation by investing primarily in corporate debt securities across maturities and ratings. There is no assurance or guarantee that the objectives of the scheme will be realised.

IDFC Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 12 Jan 16. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.1% since its launch.  Return for 2021 was 3.7% , 2020 was 11.6% and 2019 was 8.5% .

Below is the key information for IDFC Corporate Bond Fund

IDFC Corporate Bond Fund
Growth
Launch Date 12 Jan 16
NAV (24 Jun 22) ₹15.5509 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹16,791 on 15 Jun 22
Category Debt - Corporate Bond
AMC IDFC Asset Management Company Limited
Rating Not Rated
Risk Moderate
Expense Ratio 0.58
Sharpe Ratio -0.98
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.65%
Effective Maturity 1 Year 10 Months 2 Days
Modified Duration 1 Year 7 Months 17 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,503
31 May 19₹11,421
31 May 20₹12,526
31 May 21₹13,498
31 May 22₹13,746

IDFC Corporate Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for IDFC Corporate Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.1%
3 Month -1%
6 Month -0.1%
1 Year 2%
3 Year 6.3%
5 Year 6.4%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2021 3.7%
2020 11.6%
2019 8.5%
2018 6.3%
2017 6.2%
2016
2015
2014
2013
2012
Fund Manager information for IDFC Corporate Bond Fund
NameSinceTenure
Suyash Choudhary28 Jul 210.84 Yr.
Gautam Kaul1 Dec 210.5 Yr.

Data below for IDFC Corporate Bond Fund as on 15 Jun 22

Asset Allocation
Asset ClassValue
Cash4.95%
Debt95.05%
Debt Sector Allocation
SectorValue
Corporate49.47%
Government46.68%
Cash Equivalent3.82%
Securitized0.03%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.22% Govt Stock 2025
Sovereign Bonds | -
16%₹2,812 Cr294,000,000
Reliance Industries Limited
Debentures | -
6%₹1,055 Cr105,000,000
Rec Limited
Debentures | -
4%₹756 Cr76,000,000
Larsen And Toubro Limited
Debentures | -
4%₹702 Cr70,000,000
Power Finance Corporation Ltd.
Debentures | -
4%₹684 Cr67,900,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹657 Cr65,500,000
National Housing Bank
Debentures | -
3%₹515 Cr51,500,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹395 Cr39,500,000
Rec Limited
Debentures | -
2%₹390 Cr39,000,000
Housing Development Finance Corporation Ltd
Debentures | -
2%₹362 Cr36,500,000

9. Canara Robeco Corporate Bond Fund

(Erstwhile Canara Robeco Medium Term Opportunities Fund)

The investment objective of the scheme is to generate income and capital appreciation through a portfolio constituted of medium term debt instruments and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.

Canara Robeco Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 7 Feb 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.2% since its launch.  Ranked 51 in Corporate Bond category.  Return for 2021 was 2.8% , 2020 was 9.6% and 2019 was 9.4% .

Below is the key information for Canara Robeco Corporate Bond Fund

Canara Robeco Corporate Bond Fund
Growth
Launch Date 7 Feb 14
NAV (24 Jun 22) ₹17.8881 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹222 on 31 May 22
Category Debt - Corporate Bond
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderate
Expense Ratio 1.02
Sharpe Ratio -1.5
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)
Yield to Maturity 6.23%
Effective Maturity 1 Year 7 Months 24 Days
Modified Duration 1 Year 5 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,381
31 May 19₹11,304
31 May 20₹12,390
31 May 21₹13,120
31 May 22₹13,360

Canara Robeco Corporate Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Canara Robeco Corporate Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.2%
3 Month -0.4%
6 Month 0.3%
1 Year 2%
3 Year 5.6%
5 Year 5.8%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
2021 2.8%
2020 9.6%
2019 9.4%
2018 5.3%
2017 5.3%
2016 9.6%
2015 7.6%
2014
2013
2012
Fund Manager information for Canara Robeco Corporate Bond Fund
NameSinceTenure
Avnish Jain7 Feb 148.32 Yr.

Data below for Canara Robeco Corporate Bond Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash9.85%
Debt90.15%
Debt Sector Allocation
SectorValue
Government45.66%
Corporate44.49%
Cash Equivalent9.85%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
National Bank For Agriculture And Rural Development
Debentures | -
7%₹15 Cr150
7.16% Govt Stock 2023
Sovereign Bonds | -
7%₹15 Cr1,500,000
Rec Limited
Debentures | -
7%₹15 Cr150
Reliance Industries Limited
Debentures | -
7%₹15 Cr150
Indian Oil Corporation Limited
Debentures | -
7%₹15 Cr150
Small Industries Development Bank Of India
Debentures | -
7%₹15 Cr150
Ntpc Limited
Debentures | -
5%₹10 Cr100
National Housing Bank
Debentures | -
4%₹10 Cr100
Power Finance Corporation Ltd.
Debentures | -
4%₹10 Cr100
LIC Housing Finance Limited
Debentures | -
4%₹10 Cr100

10. Invesco India Corporate Bond Fund

(Erstwhile Invesco India Active Income Fund)

To generate optimal returns while maintaining liquidity through active management of the portfolio by investing in debt and money market instruments. As the portfolio of the scheme will be actively managed, the Scheme may have a high turnover in order to achieve the investment objective.

Invesco India Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 2 Aug 07. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.5% since its launch.  Ranked 27 in Corporate Bond category.  Return for 2021 was 3.4% , 2020 was 10.1% and 2019 was 11.1% .

Below is the key information for Invesco India Corporate Bond Fund

Invesco India Corporate Bond Fund
Growth
Launch Date 2 Aug 07
NAV (24 Jun 22) ₹2,559.4 ↑ 0.70   (0.03 %)
Net Assets (Cr) ₹2,565 on 15 Jun 22
Category Debt - Corporate Bond
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderate
Expense Ratio 0.25
Sharpe Ratio -1.1
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 6.47%
Effective Maturity 1 Year 7 Months 20 Days
Modified Duration 1 Year 5 Months 5 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,074
31 May 19₹11,051
31 May 20₹12,182
31 May 21₹13,023
31 May 22₹13,277

Invesco India Corporate Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Invesco India Corporate Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.1%
3 Month -0.8%
6 Month 0%
1 Year 1.9%
3 Year 6.3%
5 Year 5.3%
10 Year
15 Year
Since launch 6.5%
Historical performance (Yearly) on absolute basis
YearReturns
2021 3.4%
2020 10.1%
2019 11.1%
2018 4%
2017 1.8%
2016 14.1%
2015 5.2%
2014 9.9%
2013 5.6%
2012 10.5%
Fund Manager information for Invesco India Corporate Bond Fund
NameSinceTenure
Krishna Cheemalapati16 Dec 201.46 Yr.
Vikas Garg26 Sep 201.68 Yr.

Data below for Invesco India Corporate Bond Fund as on 15 Jun 22

Asset Allocation
Asset ClassValue
Cash14.42%
Debt85.58%
Debt Sector Allocation
SectorValue
Corporate56.63%
Government30.61%
Cash Equivalent12.76%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.22% Govt Stock 2025
Sovereign Bonds | -
6%₹161 Cr16,800,000
↓ -2,000,000
Sikka Ports & Terminals Limited
Debentures | -
3%₹83 Cr8,500,000
Jamnagar Utilities & Power Private Limited
Debentures | -
3%₹79 Cr7,500,000
Power Finance Corporation Ltd.
Debentures | -
3%₹78 Cr7,500,000
Mahindra And Mahindra Limited
Debentures | -
3%₹75 Cr7,500,000
06.30 RJ Sdl 2023
Sovereign Bonds | -
3%₹75 Cr7,500,000
Housing Development Finance Corporation Ltd
Debentures | -
3%₹74 Cr7,500,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹73 Cr7,500,000
Hindustan Petroleum Corporation Limited
Debentures | -
3%₹73 Cr7,500,000
Rural Electrification Corporation Limited
Debentures | -
3%₹73 Cr7,500,000

Additional Features of Corporate Bonds

Coupon interest

Coupon (interest) is one of the features of the corporate bond funds. When one buys a bond, the company pays them interest regularly until they exit the corporate bond. This interest is called a coupon. The coupon interest is a specific percentage of the par value.

Yield to Maturity (YTM)

ytm measures the annual return an investor would receive until maturity. Yield to maturity allows one to compare a bond's expected return. The greater the YTM, higher will be your returns and vice versa.

Current yield

This is a measure of the interest income generated by the bonds in the portfolio. For instance, if the coupon rate of a bond with an INR 1000 par value is 20 percent, then the issuer must pay you INR 200 as an annual interest.

Tax implications

If you hold corporate bonds for up to three years, then you must have to pay short term Capital Gains of 30 percent. And if you are holding corporate bonds for more than three years, then the returns are taxed under long term capital gains, i.e., at 20 percent with indexation benefit.

How to Invest in Corporate Bond Funds Online?

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  2. Complete your Registration and KYC Process

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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