3 Year return

5.76%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹28959.05 Cr.

Expense Ratio

0.35% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
4.5

Ratings by other agencies

3
4
5

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

HDFC Mutual Fund Managers

AJ

Anupam Joshi

Fund Manager since Oct 2015

View Details

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund Asset management company

AUM ₹617,677.76 Cr.
No. of Schemes 167
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Corporate Bond Fund Growth Direct Plan

HDFC Corporate Bond Fund Growth Direct Plan is an open-ended mutual fund from HDFC Mutual Fund. HDFC Corporate Bond Fund is a debt fund that invests in a diverse range of high-quality corporate bonds rated AA+ and above. This fund offers short-term investment options for investors looking to maximise their income. The growth option indicates that any returns earned from the fund, such as interest income or capital gains, are reinvested into the fund, compounding your investment over time. The Direct Plan indicates that you can invest directly with the mutual fund company and avoid incurring commissions.

Investment Objective of the Scheme

The aim of the fund is to earn maximum income while maintaining an optimal balance of yield, safety, and liquidity. The fund invests in high-quality corporate bonds and is comparatively low-risk.

Key Features of The Fund

5-year return 7.26%
Expense Ratio 0.35%
Fund Manager Anupam Joshi
Fund Size ₹28959.05 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

If your aim is to earn a higher income than a bank’s savings account, maintaining high liquidity and low risk, you may find the HDFC Corporate Bond Fund a good investment option. This fund is suitable for short-term investment goals for conservative investors. If you have similar investment requirements, then you may consider investing in the fund. But before proceeding with the investment decision, make sure to gauge your individual investment goals.

AMC Contact Details

Name HDFC Mutual Fund
Launch Date July 2000
Addresss "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact 1800 3010 67671800 419 7676
Email hello@hdfcfund.com
Website https://www.hdfcfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Leverage Expert Management for Your Investments with SIPs

Mutual funds are managed by experienced professionals who research and select investments based on the fund's objective. SIPs allow you to tap into this expertise without needing to actively manage your portfolio yourself. Use the SIP return calculator to calculate the potential growth of your mutual fund investment.

FAQs

What is today's NAV of HDFC Corporate Bond Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Corporate Bond Fund Jun 18 2024 is 30.3759

What is the AUM of HDFC Corporate Bond Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Corporate Bond Fund is 28959.05 crore.

What is the expense ratio of HDFC Corporate Bond Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HDFC Corporate Bond Fund is 0.35%

What are the returns of HDFC Corporate Bond Fund since inception?

The HDFC Corporate Bond Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 8.09 since inception.

What is the minimum SIP amount to invest in HDFC Corporate Bond Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Corporate Bond Fund is 100.

How do I invest in HDFC Corporate Bond Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HDFC Corporate Bond Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HDFC Corporate Bond Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HDFC Corporate Bond Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.