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(Erstwhile HDFC Medium Term Opportunities Fund)

What is HDFC Corporate Bond Fund?

HDFC Corporate Bond Fund is ideal for investors who want to invest for one to three years and are looking for an alternative to bank deposits. The fund has 95.15% investment in debt out of which 11.65% is in government securities, 76.31% in funds invested in very low-risk securities. The investment objective of the fund is to generate regular income. It is a moderately low-risk debt fund. It is a great alternative to bank deposits.


Some of the main features and benefits of HDFC Corporate Bond Fund are as follows:

  • Fund has 95.15% investment in debt of which 11.65% investment in government securities, 76.31% in funds invested in very low-risk securities.
  • This type of investment is suited for those looking to invest for 1-3 years.
  • This scheme makes a great alternative to bank deposits.
  • This type of investment is suitable for those looking to invest money for a longer duration of time but prefer less risky assets compared to equity funds.

Fund details

Fund HouseHDFC Mutual Fund
Launch DateJun 29, 2010
BenchmarkCRISIL Composite Bond
RiskometerModerately Low
Risk GradeAverage
Return GradeAbove Average
TypeOpen-ended
Return since launch8.90%
Minimum SWP Withdrawal (R)500
Minimum Balance (R)1
Exit load (%)0
Min InvestmentRs. 5000
Min withdrawalRs. 500
Min Additional InvestmentRs. 1000

Performance as on 5 September 2019

YTD1-Month3-Month1-Year3-Year5-Year10-Year
Fund8.260.883.3011.598.108.87
VR Bond6.550.222.7411.336.767.92
Category3.320.882.495.905.487.12
Rank within Category596334
Number of funds in category192121181512

It is important to note that different plans have a different expense structure. Past performance may or may not continue in the future. This needs to be tracked on a regular basis with the mutual fund team. As of 31/07/2019


Period Invested for₹1000 SIP Started onInvestmentsLatest ValueAbsolute ReturnsAnnualized Returns
1 Year04-Sep-181200012673.575.61 %10.52 %
2 Year04-Sep-172400026111.948.8 %8.32 %
3 Year02-Sep-163600040291.2411.92 %7.44 %
5 Year04-Sep-146000072938.8121.56 %7.74 %
10 Year04-Sep-09120000183179.6752.65 %8.19 %

Portfolio Aggregates

 Fund1Y High1Y LowCategory
Number of Securities11715511754
Modified Duration (yrs)3.043.041.462.42
Average Maturity (yrs)4.124.211.733.15
Yield to Maturity (%)7.488.877.487.64
CompanyInstrumentCredit Rating1Y Range% of Assets
7.27% GOI 2026GOI SecuritiesSOV0.00 - 12.5612.56
8.95% Reliance Industries 2028DebentureAAA0.00 - 4.714.30
8.79% LIC Housing Fin. 2024Non-Convertible DebentureAAA0.00 - 4.304.15
8.33% LIC Housing Fin. 2024Non-Convertible DebentureAAA0.00 - 3.283.27
8.27% Nat. Highways Authority 2029DebentureAAA0.00 - 3.413.18
8.58% HDFC 2022DebentureAAA0.00 - 2.922.75
8.24% Power Grid Corporation 2029DebentureAAA0.00 - 2.162.15
8.9% State Bank of India 2028Non-Convertible DebentureAAA0.00 - 2.362.11
8.32% Reliance Jio Infocomm 2021DebentureAAA1.97 - 2.152.07
7.99% State Bank of India 2029Non-Convertible DebentureAAA0.00 - 2.052.05

Most Recent Dividends

PlanRecord DateDividend (R / Unit)
Dividend QuarterlyJun 25, 20190.1318

The returns (NAV as on 04th September 2019) is as follows:

Period Invested for₹10000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week28-Aug-1910024.300.24%-0.18%2/17
1 Month02-Aug-1910054.500.55%-0.46%8/17
3 Month04-Jun-1910253.702.54%-2.56%10/16
6 Month01-Mar-1910581.905.82%-2.45%3/16
YTD01-Jan-1910682.106.82%-1.00%4/16
1 Year04-Sep-1810944.609.45%9.45%5.55%4/16
2 Year04-Sep-1711375.3013.75%6.66%4.68%5/16
3 Year02-Sep-1612315.4023.15%7.18%6.06%6/16
5 Year04-Sep-1414828.7048.29%8.19%7.67%6/14
10 Year04-Sep-0921825.90118.26%8.11%7.62%4/8
Since Inception06-Feb-0238434.90284.35%7.96%7.66%8/16

Investing in HDFC Corporate Bond Fund is straightforward. There are several ways of doing this:

Online: 

  • You can simply click on the “Invest Now” option on their official website, where after you will be prompted for your basic information, like name, mobile number, and PAN number. You will need to fill up the one-time registration form to complete the process.

Request for a callback:

  • You can request for a call back by entering your contact details (name and phone number) on their contact form whereupon an expert will get in touch with you to further discuss your investment options.

Email:

  • You can email their customer service on the email address listed on their website for more information.

Tollfree number:

  • You can call their toll-free number listed on their official website and talk to an expert.

Chat:

  • You can also chat with an online assistant using the chat option on their website and have your questions addressed.

1. What is HDFC Corporate Bond Fund?

HDFC Corporate Bond Fund is a great alternative to bank deposits and is ideal for investors who want to invest for one to three years. The fund has 95.15% investment in debt out of which 11.65% is in government securities, 76.31% in funds invested in very low-risk securities. The investment objective of the fund is to generate regular income. It is a moderately low-risk debt fund.

2. How do I apply for HDFC Corporate Bond Fund offline?

You may approach any of the Investor Service Centers of HDFC Mutual Fund and submit the relevant forms and documents to proceed with the application process. Alternatively, you may also use third party dealers for applying to this scheme. However, make sure that the dealer is genuine.

3. What is Return of Investment?

The Rate of investment which is also known as the Return of return is the basic fundamental ratio of calculating returns for any gains or yearly income.

4. What is HDFC Corporate Bond Fund suitable for?

This type of investment is suitable for those looking to invest money for a longer duration of time but prefer less risky assets compared to equity funds.

5. What are the documents required for investing in HDFC Corporate Bond Fund?

Some of the documents required for investing in HDFC Corporate Bond Fund are listed as follows:

  • Passport Size Photograph
  • ID proof such as a copy of PAN card, Aadhaar, Passport or voter ID or driving license
  • Proof of address passport or driving license or ration card or registered lease/sale of residence or latest bank A/C statement or passbook or latest telephone bill (only landline) or latest electricity bill or latest gas bill, not more than three months old
  • Duly filled KYC Application
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