BANDHAN Corporate Bond Fund - Direct Plan - Growth
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
- Current NAV₹21.2037
- Fund Size (AUM)₹ 13,512 Cr.
- Expense Ratio0.34 %
- 1Y Return+4.97%
- 3Y Return (CAGR)+7.09%
- 5Y Return (CAGR)+6.07%
- Category Rank (3Y)—
- RiskometerModerate Risk
- Min. SIP / Lump sum₹ 100 / ₹ 1,000
More figures (11)
- Since Launch (CAGR)+7.23%
- Benchmark—
- Volatility (3Y)1.03 %
- Sharpe Ratio (3Y)0.58
- Beta (3Y)—
- 52-week High / Low₹21.2460 / ₹20.1992
- Max Drawdown-3.5 %
- Launched12 Jan 2016
- Lock-inNone
- Portfolio Turnover—
- Fund ManagersSuyash Choudhary, Gautam Kaul, Brijesh Shah
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 6.1% a year.
- Volatility over 3 years was 1.0% a year, with a Sharpe ratio of 0.58.
- Its biggest fall from a peak was 3.5% (6 Mar 2020 to 24 Mar 2020).
- Across all 3-year periods since launch, yearly returns ranged from 4.6% to 9.2% and were positive 100% of the time.
- Expense ratio 0.34%, fund size ₹13,512 crore.
Pros
AI- Every 3-year period since launch gave a positive return (lowest 4.6% a year).
- Long track record of 10.8 years since 13 Jan 2016.
Cons
AINo standout weaknesses in its record so far.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -0.14% | -0.05% | +0.54% | +2.49% | +4.12% | +4.97% | +6.58% | +7.09% | +6.07% | +6.70% | +6.89% | +7.23% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Corporate Bond Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +4.12% | +7.72% | +8.02% | +7.12% | +2.94% | +3.98% | +11.91% | +8.82% | +6.67% | +6.50% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.0 | 0.7 | 0.1 | 0.5 | 0.3 | 2.0 | 0.2 | 0.2 | 0.3 | -0.1 | |||
| 2025 | 0.7 | 0.4 | 1.3 | 1.4 | 1.1 | 0.2 | 0.6 | -0.1 | 0.6 | 0.7 | 0.6 | 0.1 | 7.7 |
| 2024 | 0.6 | 0.6 | 0.6 | 0.2 | 0.9 | 0.6 | 0.9 | 0.7 | 0.9 | 0.5 | 0.6 | 0.5 | 8.0 |
| 2023 | 0.5 | 0.4 | 0.8 | 0.8 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 7.1 |
| 2022 | 0.3 | 0.5 | 0.3 | -0.3 | -1.0 | 0.3 | 0.7 | 0.5 | 0.0 | 0.4 | 0.7 | 0.5 | 2.9 |
| 2021 | -0.3 | -0.7 | 1.0 | 0.9 | 0.6 | -0.1 | 0.8 | 0.8 | 0.1 | 0.1 | 0.5 | 0.1 | 4.0 |
| 2020 | 0.6 | 1.2 | 0.6 | 0.3 | 2.4 | 2.1 | 1.4 | -0.4 | 0.2 | 1.8 | 1.0 | 0.3 | 11.9 |
| 2019 | 0.8 | 0.6 | 1.1 | 0.4 | 1.0 | 0.5 | 1.0 | 0.8 | 0.5 | 0.8 | 0.5 | 0.4 | 8.8 |
| 2018 | 0.4 | 0.2 | 1.2 | -0.2 | 0.1 | 0.6 | 1.0 | 0.5 | 0.0 | 0.8 | 1.1 | 0.9 | 6.7 |
| 2017 | 1.3 | -0.2 | 0.5 | 0.4 | 0.8 | 0.9 | 1.0 | 0.7 | 0.2 | 0.6 | 0.2 | -0.1 | 6.5 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 104 of 118 months shown (88%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 1.03% | 1.00% |
| Sharpe ratio ? | 0.58 | -0.43 |
| Sortino ratio ? | 0.85 | -0.57 |
| Maximum drawdown | -0.58% | -1.57% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,23,188 | ₹3,188 | +4.94% |
| 3Y | ₹3,60,000 | ₹3,97,257 | ₹37,257 | +6.50% |
| 5Y | ₹6,00,000 | ₹7,10,196 | ₹1,10,196 | +6.68% |
| 10Y | ₹12,00,000 | ₹16,94,849 | ₹4,94,849 | +6.72% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Corporate Bond Funds (21)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life Corporate Bond FundAditya Birla Sun Life Mutual Fund | ₹121.1576 | — | — | — | — | — | 0.34 | 22,722 | Moderate Risk |
| 2. | AXIS Corporate Bond FundAxis Mutual Fund | ₹19.3507 | — | — | — | — | — | 0.36 | 7,453 | Moderate Risk |
| 3. | BANDHAN Corporate Bond FundBandhan Mutual Fund | ₹21.2037 | — | — | — | — | — | 0.34 | 13,512 | Moderate Risk |
| 4. | BARODA BNP PARIBAS CORPORATE BOND FUNDBaroda BNP Paribas Mutual Fund | ₹31.3832 | — | — | — | — | — | 0.20 | 269 | Moderate Risk |
| 5. | Canara Robeco Corporate Bond FundCanara Robeco Mutual Fund | ₹24.6144 | — | — | — | — | — | 0.37 | 104 | Low to Moderate Risk |
| 6. | DSP Corporate Bond FundDSP Mutual Fund | ₹17.5575 | — | — | — | — | — | 0.29 | 2,647 | Low to Moderate Risk |
| 7. | Franklin India Corporate Bond FundFranklin Templeton Mutual Fund | ₹116.3795 | — | — | — | — | — | 0.26 | 1,409 | Low to Moderate Risk |
| 8. | HDFC Corporate Bond FundHDFC Mutual Fund | ₹35.0182 | — | — | — | — | — | 0.38 | 29,479 | Low to Moderate Risk |
| 9. | HSBC Corporate Bond FundHSBC Mutual Fund | ₹83.1540 | — | — | — | — | — | 0.33 | 5,979 | Low to Moderate Risk |
| 10. | ICICI Prudential Corporate Bond FundICICI Prudential Mutual Fund | ₹33.4132 | — | — | — | — | — | 0.37 | 28,385 | Moderate Risk |
| 11. | Invesco India Corporate Bond FundInvesco Mutual Fund | ₹3,603.80 | — | — | — | — | — | 0.29 | 3,478 | Moderate Risk |
| 12. | Kotak Corporate Bond FundKotak Mahindra Mutual Fund | ₹4,194.87 | — | — | — | — | — | 0.36 | 14,791 | Moderate Risk |
| 13. | Mirae Asset Corporate Bond FundMirae Asset Mutual Fund | ₹13.8255 | — | — | — | — | — | 0.27 | 44 | Moderate Risk |
| 14. | Nippon India Corporate Bond FundNippon India Mutual Fund | ₹67.1084 | — | — | — | — | — | 0.37 | 8,907 | Moderate Risk |
| 15. | PGIM India Corporate Bond FundPGIM India Mutual Fund | ₹50.9853 | — | — | — | — | — | 0.37 | 84 | Moderate Risk |
| 16. | SBI Corporate Bond FundSBI Mutual Fund | ₹17.0060 | — | — | — | — | — | 0.37 | 21,803 | Moderate Risk |
| 17. | Sundaram Corporate Bond FundSundaram Mutual Fund | ₹44.0630 | — | — | — | — | — | 0.32 | 619 | Moderate Risk |
| 18. | Tata Corporate Bond FundTata Mutual Fund | ₹13.4173 | — | — | — | — | — | 0.32 | 2,676 | Moderate Risk |
| 19. | TRUSTMF CORPORATE BOND FUNDTrust Mutual Fund | ₹1,275.69 | — | — | — | — | — | 0.26 | 78 | Low to Moderate Risk |
| 20. | Union Corporate Bond FundUnion Mutual Fund | ₹16.4599 | — | — | — | — | — | 0.41 | 284 | Moderate Risk |
| 21. | UTI - Corporate Bond FundUTI Mutual Fund | ₹17.8633 | — | — | — | — | — | 0.32 | 4,569 | Moderate Risk |
| Median: 21 schemes | — | — | — | — | — | — | 0.34 | 3,478 | — |
Detailed comparison with another fund About Corporate Bond Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
- Fund managers
- Suyash Choudhary, Gautam Kaul, Brijesh Shah
- Fund house
- Bandhan Mutual Fund
- Category
- Corporate Bond Funds · Debt
- Plan / option
- Direct · Growth
- AMFI scheme code
- 135916
- ISIN
- INF194KA1M23
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Corporate Bond Funds
Corporate Bond Funds invest at least 80% in corporate bonds rated AA+ and above.
Generally used by investors seeking relatively high-quality corporate debt over 2–3+ years.
Other plans of this scheme
- BANDHAN Corporate Bond Fund - Regular Plan - Growth
- BANDHAN Corporate Bond Fund - Direct Plan - Annual IDCW
- BANDHAN Corporate Bond Fund - Direct Plan - Half Yearly IDCW
- BANDHAN Corporate Bond Fund - Direct Plan - Monthly IDCW
- BANDHAN Corporate Bond Fund - Direct Plan - Periodic IDCW
- BANDHAN Corporate Bond Fund - Direct Plan - Quarterly IDCW
- BANDHAN Corporate Bond Fund - Regular Plan - Annual IDCW
- BANDHAN Corporate Bond Fund - Regular Plan - Half Yearly IDCW
Tax on your gains
Likely tax treatment: Debt-oriented fund ("specified mutual fund")
- Units bought on or after 1 April 2023: gains are added to your income and taxed at your slab rate, however long you hold them.
- No long-term rate or indexation benefit for these units.
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Bandhan Mutual Fund
- Bandhan AMC’s Suyash Choudhary on RBI rate hikes, bond yields, and debt strategyLivemint · 22 h ago
- Record SIP Inflows Signal Investor Resilience Amid Market Weakness, Say WhiteOak, Bandhan AMC CEOsNDTV Profit · 13 Oct
- India's Bandhan AMC minimizes bond duration, sees up to 100 bps of rate hikes, exec saysTradingView · 8 Oct
- Zaggle expects Zoyer platform to contribute up to 50% of revenue as Bandhan AMC deal expands SaaS businessCNBC TV18 · 28 Sep
- Markets may consolidate for a year; current large-cap valuations reasonable: Bandhan AMC's Karthik KumarCNBC TV18 · 25 Sep
- Zaggle Prepaid Ocean Services Enters Commercial Agreement with Bandhan AMC for Zoyer PlatformEquityBulls · 18 Sep
- Bandhan Mutual Fund: Increases Mastek Stake to 5.05%InvestyWise · 18 Sep
- Zaggle Prepaid Ocean Services (NSE:ZAGGLE): What Does Its New Deal With Bandhan AMC Mean?Kalkine India · 18 Sep
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
What is the NAV of BANDHAN Corporate Bond Fund today?
What returns has BANDHAN Corporate Bond Fund given?
What is the expense ratio of BANDHAN Corporate Bond Fund?
How risky is this fund?
What is the difference between Direct and Regular plans?
What are Corporate Bond Funds?
How are gains from BANDHAN Corporate Bond Fund taxed?
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