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Table of Contents
- Types of Corporate Bond Funds
- Who Should Invest in Corporate Bonds?
- Features of Corporate Bond Funds
- Top Rated Corporate Bond Mutual Funds FY 25 - 26
- Additional Features of Corporate Bonds
- How to Invest in Corporate Bond Funds Online?
Top 10 Debt - Corporate Bond Funds
- Franklin India Corporate Debt Fund
- Aditya Birla Sun Life Corporate Bond Fund
- Nippon India Prime Debt Fund
- BNP Paribas Corporate Bond Fund
- HDFC Corporate Bond Fund
- Invesco India Corporate Bond Fund
- Kotak Corporate Bond Fund Standard
- Sundaram Corporate Bond Fund
- L&T Triple Ace Bond Fund
- IDFC Corporate Bond Fund
10 Corporate Bond Mutual Funds to Invest 2025 - 2026
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 25 - 26
(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 Below is the key information for Franklin India Corporate Debt Fund Returns up to 1 year are on (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 Below is the key information for Aditya Birla Sun Life Corporate Bond Fund Returns up to 1 year are on (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 Below is the key information for Nippon India Prime Debt Fund Returns up to 1 year are on The investment objective of the Scheme is to generate income and capital gains through investments in a portfolio of debt and money market instruments. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme launched hereunder does not guarantee/indicate any returns. BNP Paribas Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 8 Nov 08. It is a fund with Moderate risk and has given a Below is the key information for BNP Paribas Corporate Bond Fund Returns up to 1 year are on (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 Below is the key information for HDFC Corporate Bond Fund Returns up to 1 year are on (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 Below is the key information for Invesco India Corporate Bond Fund Returns up to 1 year are on 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 Below is the key information for Kotak Corporate Bond Fund Standard Returns up to 1 year are on (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 Below is the key information for Sundaram Corporate Bond Fund Returns up to 1 year are on To generate regular and stable income for the unitholders of the Scheme. The corpus of the scheme would be invested primarily in debt market securities such as nonconvertible debentures, bonds issued by corporates, bank and government, commercial paper, certificate of deposits and other money market instruments. The scheme would invest predominantly in securities rated by the Credit Rating and Information Services of India Limited (CRISIL), or any other rating agency. L&T Triple Ace Bond Fund is a Debt - Corporate Bond fund was launched on 9 Jun 97. It is a fund with Moderate risk and has given a Below is the key information for L&T Triple Ace Bond Fund Returns up to 1 year are on 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 Below is the key information for IDFC Corporate Bond Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Franklin India Corporate Debt Fund Growth ₹98.6756
↓ -0.05 ₹759 4.3 5.9 10.2 7.1 7.6 7.41% 3Y 4M 10D 5Y 4M 10D Aditya Birla Sun Life Corporate Bond Fund Growth ₹112.289
↑ 0.11 ₹24,570 3.2 5.2 10.1 7.6 8.5 7.31% 3Y 5M 16D 4Y 9M 14D Nippon India Prime Debt Fund Growth ₹59.5807
↑ 0.06 ₹6,738 3.4 5.2 10.1 7.6 8.4 7.44% 3Y 10M 6D 5Y 2M 26D BNP Paribas Corporate Bond Fund Growth ₹27.2515
↑ 0.03 ₹196 3.4 5.2 10.1 7.1 8.3 7.4% 3Y 5M 12D 4Y 8M 26D HDFC Corporate Bond Fund Growth ₹32.3461
↑ 0.03 ₹32,527 3.2 5 9.9 7.5 8.6 7.31% 3Y 9M 5Y 10M 2D Invesco India Corporate Bond Fund Growth ₹3,157.27
↑ 4.50 ₹5,643 3.3 5.1 9.8 7 8.1 7.17% 3Y 7M 2D 4Y 10M 13D Kotak Corporate Bond Fund Standard Growth ₹3,744.07
↑ 3.89 ₹14,639 3.2 5 9.8 7.3 8.3 7.31% 3Y 2M 8D 4Y 5M 8D Sundaram Corporate Bond Fund Growth ₹39.8666
↑ 0.04 ₹699 3.2 5 9.7 6.9 8 7.15% 3Y 10M 2D 5Y 11M 22D L&T Triple Ace Bond Fund Growth ₹72.3957
↑ 0.07 ₹5,808 3.1 4.8 9.6 7.1 8.1 7.11% 2Y 10M 2D 3Y 4M 20D IDFC Corporate Bond Fund Growth ₹19.069
↑ 0.02 ₹14,114 3.1 4.9 9.5 6.7 7.7 7.33% 3Y 3Y 10M 28D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Apr 25 100 Crore , manging fund for more than 3 Year & sorted on last 1 year return
1. Franklin India Corporate Debt Fund
CAGR/Annualized return of 8.6% since its launch. Ranked 22 in Corporate Bond category. Return for 2024 was 7.6% , 2023 was 6.5% and 2022 was 3.2% . Franklin India Corporate Debt Fund
Growth Launch Date 23 Jun 97 NAV (29 Apr 25) ₹98.6756 ↓ -0.05 (-0.05 %) Net Assets (Cr) ₹759 on 31 Mar 25 Category Debt - Corporate Bond AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderate Expense Ratio 0.77 Sharpe Ratio 1.32 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 7.41% Effective Maturity 5 Years 4 Months 10 Days Modified Duration 3 Years 4 Months 10 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,778 31 Mar 22 ₹11,218 31 Mar 23 ₹11,654 31 Mar 24 ₹12,442 31 Mar 25 ₹13,427 Returns for Franklin India Corporate Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 2.6% 3 Month 4.3% 6 Month 5.9% 1 Year 10.2% 3 Year 7.1% 5 Year 6.8% 10 Year 15 Year Since launch 8.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.6% 2022 6.5% 2021 3.2% 2020 3.8% 2019 9% 2018 9.2% 2017 7.5% 2016 7.7% 2015 9% 2014 8.4% Fund Manager information for Franklin India Corporate Debt Fund
Name Since Tenure Rahul Goswami 6 Oct 23 1.49 Yr. Anuj Tagra 7 Mar 24 1.07 Yr. Chandni Gupta 7 Mar 24 1.07 Yr. Data below for Franklin India Corporate Debt Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 0.4% Debt 99.32% Other 0.28% Debt Sector Allocation
Sector Value Corporate 74.51% Government 24.81% Cash Equivalent 0.4% Credit Quality
Rating Value AA 18.92% AAA 81.08% Top Securities Holdings / Portfolio
Name Holding Value Quantity India (Republic of) 6.9%
Sovereign Bonds | -8% ₹60 Cr 6,000,000
↑ 6,000,000 Sikka Ports & Terminals Limited
Debentures | -7% ₹53 Cr 500 Mankind Pharma Ltd
Debentures | -7% ₹53 Cr 5,000 Pipeline Infrastructure Private Limited
Debentures | -7% ₹52 Cr 5,000 Summit Digitel Infrastructure Ltd
Debentures | -7% ₹51 Cr 5,000 Small Industries Development Bank Of India
Debentures | -7% ₹51 Cr 5,000
↑ 5,000 ICICI Home Finance Company Limited
Debentures | -7% ₹51 Cr 5,000 Rural Electrification Corporation Limited
Debentures | -7% ₹51 Cr 9,000 7.53% Govt Stock 2034
Sovereign Bonds | -4% ₹32 Cr 3,000,000
↓ -2,500,000 Bajaj Finance Ltd. 8.1167%
Debentures | -4% ₹28 Cr 2,500 2. Aditya Birla Sun Life Corporate Bond Fund
CAGR/Annualized return of 9% since its launch. Ranked 1 in Corporate Bond category. Return for 2024 was 8.5% , 2023 was 7.3% and 2022 was 4.1% . Aditya Birla Sun Life Corporate Bond Fund
Growth Launch Date 3 Mar 97 NAV (29 Apr 25) ₹112.289 ↑ 0.11 (0.10 %) Net Assets (Cr) ₹24,570 on 31 Mar 25 Category Debt - Corporate Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.5 Sharpe Ratio 1.63 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.31% Effective Maturity 4 Years 9 Months 14 Days Modified Duration 3 Years 5 Months 16 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,978 31 Mar 22 ₹11,525 31 Mar 23 ₹12,062 31 Mar 24 ₹13,003 31 Mar 25 ₹14,137 Returns for Aditya Birla Sun Life Corporate Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 1.6% 3 Month 3.2% 6 Month 5.2% 1 Year 10.1% 3 Year 7.6% 5 Year 7.3% 10 Year 15 Year Since launch 9% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.5% 2022 7.3% 2021 4.1% 2020 4% 2019 11.9% 2018 9.6% 2017 7% 2016 6.5% 2015 10.2% 2014 8.9% Fund Manager information for Aditya Birla Sun Life Corporate Bond Fund
Name Since Tenure Kaustubh Gupta 12 Apr 21 3.97 Yr. Data below for Aditya Birla Sun Life Corporate Bond Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 4.03% Debt 95.71% Other 0.27% Debt Sector Allocation
Sector Value Corporate 64.72% Government 30.99% Cash Equivalent 4.03% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -7% ₹1,766 Cr 169,161,700
↓ -17,000,000 7.18% Govt Stock 2033
Sovereign Bonds | -3% ₹864 Cr 82,500,000
↓ -38,500,000 7.18% Govt Stock 2037
Sovereign Bonds | -3% ₹794 Cr 75,324,100
↓ -9,500,000 Small Industries Development Bank Of India
Debentures | -3% ₹749 Cr 74,550 Small Industries Development Bank Of India
Debentures | -2% ₹602 Cr 6,000 Bajaj Housing Finance Limited
Debentures | -2% ₹561 Cr 55,000 7.48% National Bank For Agriculture And Rural Development
Debentures | -2% ₹558 Cr 55,000
↑ 55,000 Bajaj Finance Limited
Debentures | -2% ₹458 Cr 45,000 Reliance Utilities And Power Private Limited
Debentures | -2% ₹442 Cr 44,000
↑ 44,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹415 Cr 41,000 3. Nippon India Prime Debt Fund
CAGR/Annualized return of 7.5% since its launch. Ranked 20 in Corporate Bond category. Return for 2024 was 8.4% , 2023 was 7.1% and 2022 was 4.3% . Nippon India Prime Debt Fund
Growth Launch Date 14 Sep 00 NAV (29 Apr 25) ₹59.5807 ↑ 0.06 (0.11 %) Net Assets (Cr) ₹6,738 on 31 Mar 25 Category Debt - Corporate Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.69 Sharpe Ratio 1.49 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.44% Effective Maturity 5 Years 2 Months 26 Days Modified Duration 3 Years 10 Months 6 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,760 31 Mar 22 ₹11,326 31 Mar 23 ₹11,869 31 Mar 24 ₹12,800 31 Mar 25 ₹13,900 Returns for Nippon India Prime Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 1.7% 3 Month 3.4% 6 Month 5.2% 1 Year 10.1% 3 Year 7.6% 5 Year 7.2% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.4% 2022 7.1% 2021 4.3% 2020 4.7% 2019 9.5% 2018 7.8% 2017 6.9% 2016 6.6% 2015 9.1% 2014 8.7% Fund Manager information for Nippon India Prime Debt Fund
Name Since Tenure Vivek Sharma 1 Feb 20 5.16 Yr. Kinjal Desai 25 May 18 6.86 Yr. Data below for Nippon India Prime Debt Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 3.75% Debt 96% Other 0.24% Debt Sector Allocation
Sector Value Corporate 64.66% Government 32.35% Cash Equivalent 2.74% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -10% ₹684 Cr 65,500,000 6.79% Govt Stock 2034
Sovereign Bonds | -5% ₹354 Cr 34,500,000
↑ 10,000,000 Aditya Birla Housing Finance Ltd. 7.86%
Debentures | -3% ₹201 Cr 20,000
↑ 20,000 Jamnagar Utilities And Power Private Limited
Debentures | -3% ₹178 Cr 17,500 Power Finance Corporation Ltd.
Debentures | -2% ₹155 Cr 15,000
↑ 7,500 INDIA UNIVERSAL TRUST AL2
Unlisted bonds | -2% ₹149 Cr 150 INDIA UNIVERSAL TRUST AL1
Unlisted bonds | -2% ₹146 Cr 150 Titan Company Limited
Debentures | -2% ₹145 Cr 14,500
↑ 12,000 LIC Housing Finance Limited
Debentures | -2% ₹137 Cr 13,500 Small Industries Development Bank Of India
Debentures | -2% ₹131 Cr 13,000 4. BNP Paribas Corporate Bond Fund
CAGR/Annualized return of 6.3% since its launch. Ranked 24 in Corporate Bond category. Return for 2024 was 8.3% , 2023 was 7% and 2022 was 1.6% . BNP Paribas Corporate Bond Fund
Growth Launch Date 8 Nov 08 NAV (29 Apr 25) ₹27.2515 ↑ 0.03 (0.11 %) Net Assets (Cr) ₹196 on 31 Mar 25 Category Debt - Corporate Bond AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.56 Sharpe Ratio 1.24 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-12 Months (1%),12-24 Months (0.5%),24-36 Months (0.25%),36 Months and above(NIL) Yield to Maturity 7.4% Effective Maturity 4 Years 8 Months 26 Days Modified Duration 3 Years 5 Months 12 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,729 31 Mar 22 ₹11,077 31 Mar 23 ₹11,366 31 Mar 24 ₹12,243 31 Mar 25 ₹13,293 Returns for BNP Paribas Corporate Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 1.8% 3 Month 3.4% 6 Month 5.2% 1 Year 10.1% 3 Year 7.1% 5 Year 6.2% 10 Year 15 Year Since launch 6.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.3% 2022 7% 2021 1.6% 2020 2.2% 2019 9.9% 2018 0.9% 2017 5.2% 2016 6.7% 2015 10.8% 2014 7.2% Fund Manager information for BNP Paribas Corporate Bond Fund
Name Since Tenure Gurvinder Wasan 21 Oct 24 0.44 Yr. Vikram Pamnani 10 Jul 24 0.73 Yr. Data below for BNP Paribas Corporate Bond Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 3.9% Equity 0.56% Debt 95.27% Other 0.27% Debt Sector Allocation
Sector Value Corporate 63.46% Government 29.84% Cash Equivalent 3.9% Securitized 1.98% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.79% Govt Stock 2034
Sovereign Bonds | -7% ₹14 Cr 1,400,000
↓ -300,000 Rec Limited
Debentures | -6% ₹12 Cr 1,200 National Housing Bank
Debentures | -5% ₹11 Cr 1,100
↑ 1,100 Export Import Bank Of India
Debentures | -5% ₹11 Cr 100 Power Finance Corporation Ltd.
Debentures | -5% ₹10 Cr 1,000 Hindustan Petroleum Corporation Limited
Debentures | -5% ₹10 Cr 100 GAil (India) Limited
Debentures | -5% ₹10 Cr 100 LIC Housing Finance Limited
Debentures | -5% ₹10 Cr 1,000 Tata Capital Housing Finance Limited
Debentures | -5% ₹10 Cr 1,000
↑ 1,000 HDFC Bank Limited
Debentures | -5% ₹10 Cr 100 5. HDFC Corporate Bond Fund
CAGR/Annualized return of 8.2% since its launch. Ranked 2 in Corporate Bond category. Return for 2024 was 8.6% , 2023 was 7.2% and 2022 was 3.3% . HDFC Corporate Bond Fund
Growth Launch Date 29 Jun 10 NAV (29 Apr 25) ₹32.3461 ↑ 0.03 (0.08 %) Net Assets (Cr) ₹32,527 on 31 Mar 25 Category Debt - Corporate Bond AMC HDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.59 Sharpe Ratio 1.6 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load NIL Yield to Maturity 7.31% Effective Maturity 5 Years 10 Months 2 Days Modified Duration 3 Years 9 Months Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,879 31 Mar 22 ₹11,405 31 Mar 23 ₹11,862 31 Mar 24 ₹12,802 31 Mar 25 ₹13,906 Returns for HDFC Corporate Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 1.6% 3 Month 3.2% 6 Month 5% 1 Year 9.9% 3 Year 7.5% 5 Year 7.1% 10 Year 15 Year Since launch 8.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.6% 2022 7.2% 2021 3.3% 2020 3.9% 2019 11.8% 2018 10.3% 2017 6.5% 2016 6.5% 2015 10.6% 2014 8.6% Fund Manager information for HDFC Corporate Bond Fund
Name Since Tenure Anupam Joshi 27 Oct 15 9.44 Yr. Dhruv Muchhal 22 Jun 23 1.78 Yr. Data below for HDFC Corporate Bond Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 5.81% Debt 93.95% Other 0.24% Debt Sector Allocation
Sector Value Corporate 52.76% Government 41.09% Cash Equivalent 5.81% Securitized 0.09% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.81% Govt Stock 2033
Sovereign Bonds | -5% ₹1,479 Cr 145,000,000
↑ 20,000,000 7.53% Govt Stock 2034
Sovereign Bonds | -3% ₹800 Cr 80,000,000
↑ 5,000,000 Hdb Financial Services Limited
Debentures | -3% ₹725 Cr 72,500
↑ 72,500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹672 Cr 67,500
↑ 67,500 7.18% Govt Stock 2037
Sovereign Bonds | -2% ₹649 Cr 65,000,000
↑ 65,000,000 7.3% Govt Stock 2028
Sovereign Bonds | -2% ₹575 Cr 57,500,000
↑ 57,500,000 Mangalore Refinery And Petrochemicals Limited
Debentures | -2% ₹555 Cr 5,670
↑ 5,670 Reliance Industries Limited
Debentures | -2% ₹525 Cr 5,000
↑ 500 HDFC Bank Limited
Debentures | -2% ₹501 Cr 50,000 LIC Housing Finance Limited
Debentures | -2% ₹497 Cr 5,000 6. Invesco India Corporate Bond Fund
CAGR/Annualized return of 6.7% since its launch. Ranked 27 in Corporate Bond category. Return for 2024 was 8.1% , 2023 was 6.7% and 2022 was 2.9% . Invesco India Corporate Bond Fund
Growth Launch Date 2 Aug 07 NAV (29 Apr 25) ₹3,157.27 ↑ 4.50 (0.14 %) Net Assets (Cr) ₹5,643 on 31 Mar 25 Category Debt - Corporate Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderate Expense Ratio 0.66 Sharpe Ratio 1.23 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load NIL Yield to Maturity 7.17% Effective Maturity 4 Years 10 Months 13 Days Modified Duration 3 Years 7 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,818 31 Mar 22 ₹11,270 31 Mar 23 ₹11,662 31 Mar 24 ₹12,513 31 Mar 25 ₹13,559 Returns for Invesco India Corporate Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 1.6% 3 Month 3.3% 6 Month 5.1% 1 Year 9.8% 3 Year 7% 5 Year 6.6% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.1% 2022 6.7% 2021 2.9% 2020 3.4% 2019 10.1% 2018 11.1% 2017 4% 2016 1.8% 2015 14.1% 2014 5.2% Fund Manager information for Invesco India Corporate Bond Fund
Name Since Tenure Krishna Cheemalapati 16 Dec 20 4.29 Yr. Vikas Garg 26 Sep 20 4.51 Yr. Data below for Invesco India Corporate Bond Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 4.74% Debt 95% Other 0.25% Debt Sector Allocation
Sector Value Corporate 54.44% Government 40.98% Cash Equivalent 4.33% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -7% ₹393 Cr 37,612,600 7.18% Govt Stock 2033
Sovereign Bonds | -6% ₹359 Cr 34,286,700
↑ 1,500,000 6.92% Govt Stock 2039
Sovereign Bonds | -3% ₹190 Cr 18,395,700
↑ 7,895,700 7.32% Govt Stock 2030
Sovereign Bonds | -3% ₹173 Cr 16,500,000
↓ -1,000,000 Small Industries Development Bank Of India
Debentures | -3% ₹172 Cr 17,000,000 6.79% Govt Stock 2034
Sovereign Bonds | -3% ₹170 Cr 16,591,100
↑ 4,000,000 Jamnagar Utilities And Power Private Limited
Debentures | -3% ₹153 Cr 15,000,000
↑ 3,500,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹141 Cr 14,000,000 Pipeline Infrastructure Private Limited
Debentures | -2% ₹139 Cr 13,500,000 LIC Housing Finance Ltd
Debentures | -2% ₹127 Cr 12,500,000 7. Kotak Corporate Bond Fund Standard
CAGR/Annualized return of 7.8% since its launch. Ranked 15 in Corporate Bond category. Return for 2024 was 8.3% , 2023 was 6.9% and 2022 was 3.7% . Kotak Corporate Bond Fund Standard
Growth Launch Date 21 Sep 07 NAV (29 Apr 25) ₹3,744.07 ↑ 3.89 (0.10 %) Net Assets (Cr) ₹14,639 on 31 Mar 25 Category Debt - Corporate Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.67 Sharpe Ratio 1.57 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.31% Effective Maturity 4 Years 5 Months 8 Days Modified Duration 3 Years 2 Months 8 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,779 31 Mar 22 ₹11,274 31 Mar 23 ₹11,748 31 Mar 24 ₹12,634 31 Mar 25 ₹13,707 Returns for Kotak Corporate Bond Fund Standard
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 1.6% 3 Month 3.2% 6 Month 5% 1 Year 9.8% 3 Year 7.3% 5 Year 6.8% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.3% 2022 6.9% 2021 3.7% 2020 3.8% 2019 9.7% 2018 9.6% 2017 7.5% 2016 6.9% 2015 9.4% 2014 8.8% Fund Manager information for Kotak Corporate Bond Fund Standard
Name Since Tenure Deepak Agrawal 1 Feb 15 10.17 Yr. Manu Sharma 1 Nov 22 2.41 Yr. Data below for Kotak Corporate Bond Fund Standard as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 2.56% Debt 97.19% Other 0.25% Debt Sector Allocation
Sector Value Corporate 65.03% Government 32.16% Cash Equivalent 2.56% Credit Quality
Rating Value AA 0.34% AAA 99.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -12% ₹1,812 Cr 172,935,080 7.1% Govt Stock 2034
Sovereign Bonds | -7% ₹1,088 Cr 104,220,308 National Bank For Agriculture And Rural Development
Debentures | -4% ₹591 Cr 58,500
↑ 5,000 Jamnagar Utilities & Power Private Limited
Debentures | -4% ₹563 Cr 5,700 Bajaj Finance Limited
Debentures | -3% ₹442 Cr 43,500 7.53% Govt Stock 2034
Sovereign Bonds | -3% ₹432 Cr 42,500,000 Power Finance Corporation Limited
Debentures | -2% ₹355 Cr 35,000
↑ 25,000 Small Industries Development Bank Of India
Debentures | -2% ₹350 Cr 34,500 Power Finance Corporation Ltd.
Debentures | -2% ₹329 Cr 32,500 LIC Housing Finance Limited
Debentures | -2% ₹312 Cr 3,050 8. Sundaram Corporate Bond Fund
CAGR/Annualized return of 7% since its launch. Ranked 15 in Corporate Bond category. Return for 2024 was 8% , 2023 was 6.3% and 2022 was 3.7% . Sundaram Corporate Bond Fund
Growth Launch Date 30 Dec 04 NAV (29 Apr 25) ₹39.8666 ↑ 0.04 (0.09 %) Net Assets (Cr) ₹699 on 31 Mar 25 Category Debt - Corporate Bond AMC Sundaram Asset Management Company Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.51 Sharpe Ratio 1.14 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 250 Exit Load NIL Yield to Maturity 7.15% Effective Maturity 5 Years 11 Months 22 Days Modified Duration 3 Years 10 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,870 31 Mar 22 ₹11,332 31 Mar 23 ₹11,822 31 Mar 24 ₹12,605 31 Mar 25 ₹13,658 Returns for Sundaram Corporate Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 1.5% 3 Month 3.2% 6 Month 5% 1 Year 9.7% 3 Year 6.9% 5 Year 6.6% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2023 8% 2022 6.3% 2021 3.7% 2020 3.5% 2019 11% 2018 11.3% 2017 4.8% 2016 5.4% 2015 11.7% 2014 8.7% Fund Manager information for Sundaram Corporate Bond Fund
Name Since Tenure Dwijendra Srivastava 31 Jul 10 14.68 Yr. Sandeep Agarwal 1 Jun 12 12.84 Yr. Data below for Sundaram Corporate Bond Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 5.82% Debt 93.79% Other 0.39% Debt Sector Allocation
Sector Value Corporate 50.31% Government 43.48% Cash Equivalent 5.82% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.1% Govt Stock 2034
Sovereign Bonds | -11% ₹82 Cr 7,900,000 Small Industries Development Bank Of India
Debentures | -7% ₹51 Cr 5,000 Indian Railway Finance Corporation Limited
Debentures | -6% ₹41 Cr 4,000 National Housing Bank
Debentures | -5% ₹40 Cr 4,000 LIC Housing Finance Limited
Debentures | -4% ₹30 Cr 300 Power Finance Corporation Ltd.
Debentures | -3% ₹26 Cr 2,500 National Bank For Agriculture And Rural Development
Debentures | -3% ₹26 Cr 2,500 National Bank For Agriculture And Rural Development
Debentures | -3% ₹26 Cr 2,500 HDFC Bank Limited
Debentures | -3% ₹26 Cr 2,500 Rural Electrification Corporation Limited
Debentures | -3% ₹25 Cr 2,500 9. L&T Triple Ace Bond Fund
CAGR/Annualized return of 7.4% since its launch. Ranked 39 in Corporate Bond category. Return for 2024 was 8.1% , 2023 was 6.4% and 2022 was 2.2% . L&T Triple Ace Bond Fund
Growth Launch Date 9 Jun 97 NAV (29 Apr 25) ₹72.3957 ↑ 0.07 (0.10 %) Net Assets (Cr) ₹5,808 on 31 Mar 25 Category Debt - Corporate Bond AMC L&T Investment Management Ltd Rating ☆ Risk Moderate Expense Ratio 0.64 Sharpe Ratio 1.12 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.11% Effective Maturity 3 Years 4 Months 20 Days Modified Duration 2 Years 10 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,755 31 Mar 22 ₹11,297 31 Mar 23 ₹11,652 31 Mar 24 ₹12,495 31 Mar 25 ₹13,518 Returns for L&T Triple Ace Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 1.4% 3 Month 3.1% 6 Month 4.8% 1 Year 9.6% 3 Year 7.1% 5 Year 6.6% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 8.1% 2022 6.4% 2021 2.2% 2020 3.8% 2019 12.4% 2018 12.6% 2017 6% 2016 1.6% 2015 12.4% 2014 4.5% Fund Manager information for L&T Triple Ace Bond Fund
Name Since Tenure Shriram Ramanathan 30 Jun 14 10.76 Yr. Mohd Asif Rizwi 1 Feb 25 0.16 Yr. Data below for L&T Triple Ace Bond Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 0.19% Debt 99.46% Other 0.35% Debt Sector Allocation
Sector Value Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Indian Oil Corporation Limited
Debentures | -6% ₹324 Cr 3,069 Power Grid Corporation Of India Limited
Debentures | -5% ₹287 Cr 2,700 HDFC Bank Limited
Debentures | -4% ₹251 Cr 2,350 Ntpc Limited
Debentures | -4% ₹230 Cr 2,150 National Highways Authority Of India
Debentures | -4% ₹210 Cr 1,950 7.06% Govt Stock 2028
Sovereign Bonds | -3% ₹180 Cr 17,500,000
↓ -1,500,000 Housing And Urban Development Corporation Limited
Debentures | -3% ₹175 Cr 1,650 Ntpc Limited
Debentures | -3% ₹170 Cr 1,600 7.37% Govt Stock 2028
Sovereign Bonds | -3% ₹167 Cr 15,500,000 Bajaj Finance Limited
Debentures | -3% ₹162 Cr 15,000 10. IDFC Corporate Bond Fund
CAGR/Annualized return of 7.2% since its launch. Return for 2024 was 7.7% , 2023 was 6.8% and 2022 was 2.6% . IDFC Corporate Bond Fund
Growth Launch Date 12 Jan 16 NAV (29 Apr 25) ₹19.069 ↑ 0.02 (0.11 %) Net Assets (Cr) ₹14,114 on 31 Mar 25 Category Debt - Corporate Bond AMC IDFC Asset Management Company Limited Rating Risk Moderate Expense Ratio 0.61 Sharpe Ratio 1.3 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.33% Effective Maturity 3 Years 10 Months 28 Days Modified Duration 3 Years Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹10,901 31 Mar 22 ₹11,417 31 Mar 23 ₹11,782 31 Mar 24 ₹12,609 31 Mar 25 ₹13,648 Returns for IDFC Corporate Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 25 Duration Returns 1 Month 1.4% 3 Month 3.1% 6 Month 4.9% 1 Year 9.5% 3 Year 6.7% 5 Year 6.7% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.7% 2022 6.8% 2021 2.6% 2020 3.7% 2019 11.6% 2018 8.5% 2017 6.3% 2016 6.2% 2015 2014 Fund Manager information for IDFC Corporate Bond Fund
Name Since Tenure Suyash Choudhary 28 Jul 21 3.68 Yr. Gautam Kaul 1 Dec 21 3.33 Yr. Brijesh Shah 10 Jun 24 0.81 Yr. Data below for IDFC Corporate Bond Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 0.82% Debt 98.89% Other 0.29% Debt Sector Allocation
Sector Value Corporate 53.4% Government 45.5% Cash Equivalent 0.82% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -20% ₹2,923 Cr 279,000,000
↑ 81,500,000 Bajaj Housing Finance Ltd. 7.78%
Debentures | -7% ₹956 Cr 95,000,000
↑ 10,000,000 National Housing Bank
Debentures | -4% ₹625 Cr 62,000,000 Larsen And Toubro Limited
Debentures | -4% ₹567 Cr 55,500,000
↑ 20,000,000 7.1% Govt Stock 2034
Sovereign Bonds | -4% ₹522 Cr 50,000,000
↓ -10,000,000 National Bank For Agriculture And Rural Development
Debentures | -3% ₹503 Cr 50,000,000 Reliance Industries Limited
Debentures | -3% ₹495 Cr 47,000,000 8.098% Tata Capital Limited (23/09/2027) **
Debentures | -3% ₹406 Cr 40,000,000
↑ 5,000,000 Indian Railway Finance Corporation Limited
Debentures | -3% ₹377 Cr 37,500,000
↓ -5,000,000 Nuclear Power Corporation Of India Limited
Debentures | -2% ₹358 Cr 35,000,000
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.
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