What are the best Corporate Bond Funds in India?

There are 21 Corporate Bond Funds in India. The top performer is Franklin India Corporate Debt Fund - Growth by Franklin Templeton Mutual Fund with a 3-year CAGR of 7.37%. MFGenie shows 20 with a 3-year track record, ranked by CAGR. Data from AMFI, updated daily.

What is the average return of Corporate Bond Funds?

The average 3-year CAGR is 6.77%. Past performance does not guarantee future results.

Best Corporate Bond Funds

Corporate bond funds investing in AA+ rated papers. Better yield than FDs. Data from AMFI, updated daily.

21 funds in this category · showing top 20 ranked by 3-year return

Looking for the full directory? View all Corporate Bond Funds

Category:

Less than One Year More than One Year

#	Scheme	AUM	NAV	1Y	3Y	5Y	10Y	Since Inception
1	Franklin India Corporate Debt Fund · Regular · Growth Franklin Templeton Mutual Fund	₹1,319 Cr	₹106.74	+5.40%	+7.37%	+6.16%	+6.97%	+8.43% Jun 1997	Invest
2	Baroda BNP Paribas Corporate Bond Fund · Regular · Growth Baroda BNP Paribas Mutual Fund	₹253 Cr	₹29.46	+5.37%	+7.37%	+5.89%	+5.59%	+6.23% Nov 2008	Invest
3	DSP Corporate Bond Fund · Regular · Growth DSP Mutual Fund	₹3,036 Cr	₹17.17	+5.74%	+7.10%	+5.79%	—	+6.94% Aug 2018	Invest
4	Nippon India Corporate Bond Fund · Regular · Growth Nippon India Mutual Fund	₹9,209 Cr	₹63.70	+4.63%	+7.04%	+6.34%	+6.83%	+7.37% Sep 2000	Invest
5	HSBC Corporate Bond Fund · Regular · Growth HSBC Mutual Fund	₹5,905 Cr	₹77.85	+4.72%	+6.96%	+5.69%	+6.59%	+7.20% Feb 1997	Invest
6	Axis Corporate Bond Fund · Regular · Growth Axis Mutual Fund	₹8,488 Cr	₹18.16	+4.69%	+6.96%	+6.06%	—	+6.69% Jul 2017	Invest
7	Kotak Corporate Bond Fund · Regular · Growth Kotak Mahindra Mutual Fund	₹16,128 Cr	₹4005.05	+4.52%	+6.94%	+6.04%	+6.90%	+7.56% Sep 2007	Invest
8	UTI Corporate Bond Fund · Regular · Growth UTI Mutual Fund	₹5,316 Cr	₹17.43	+4.69%	+6.88%	+5.97%	—	+6.42% Aug 2018	Invest
9	Bandhan Corporate Bond Fund · Regular · Growth Bandhan Mutual Fund	₹13,648 Cr	₹20.51	+5.27%	+6.87%	+5.79%	+6.64%	+6.94% Dec 2015	Invest
10	Aditya Birla Sun Life Corporate Bond Fund · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹24,755 Cr	₹119.14	+4.24%	+6.76%	+6.11%	+7.10%	+8.75% Mar 1997	Invest
11	Sundaram Corporate Bond Fund · Regular · Growth Sundaram Mutual Fund	₹619 Cr	₹42.54	+4.36%	+6.75%	+5.80%	+6.60%	+6.88% Dec 2004	Invest
12	SBI Corporate Bond Fund · Regular · Growth SBI Mutual Fund	₹21,851 Cr	₹16.43	+4.42%	+6.71%	+5.80%	—	+6.70% Jan 2019	Invest
13	Invesco India Corporate Bond Fund · Regular · Growth Invesco Mutual Fund	₹5,097 Cr	₹3355.97	+4.13%	+6.68%	+5.68%	+6.01%	+6.52% Aug 2007	Invest
14	Tata Corporate Bond Fund · Regular · Growth Tata Mutual Fund	₹3,373 Cr	₹13.07	+4.32%	+6.62%	—	—	+5.70% Nov 2021	Invest
15	HDFC Corporate Bond Fund · Regular · Growth HDFC Mutual Fund	₹31,301 Cr	₹34.26	+3.92%	+6.62%	+5.88%	+6.97%	+7.87% Jun 2001	Invest
16	Mirae Asset Corporate Bond Fund · Regular · Growth Mirae Asset Mutual Fund	₹45.5 Cr	₹13.51	+4.48%	+6.59%	+5.58%	—	+5.59% Feb 2021	Invest
17	Union Corporate Bond Fund · Regular · Growth Union Mutual Fund	₹458 Cr	₹16.07	+3.69%	+6.53%	+5.45%	—	+5.85% May 2018	Invest
18	Trust CORPORATE BOND FUND · Regular · Growth Trust Mutual Fund	₹118 Cr	₹1258.18	+4.25%	+6.34%	—	—	+6.42% Jan 2023	Invest
19	PGIM India Corporate Bond Fund · Regular · Growth PGIM India Mutual Fund	₹83.5 Cr	₹45.42	+3.86%	+6.31%	+5.47%	+6.01%	+6.60% Jan 2003	Invest
20	Canara Robeco Corporate Bond Fund · Regular · Growth Canara Robeco Mutual Fund	₹108 Cr	₹22.83	+3.98%	+5.98%	+5.16%	+5.95%	+6.69% Dec 2013	Invest
―	Category averagemedian of 42 funds	—	—	+4.67%	+6.98%	+6.05%	—	+7.19%

Showing Regular-Growth plans. Returns are CAGR (annualised) for periods ≥1 year, absolute for periods <1 year. Data sourced from AMFI. Past performance is not indicative of future results.

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