Corporate Bond Funds Compared
Every corporate bond mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 50, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 21 corporate bond funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 6.2% a year. The highest 5-year return was Nippon India Corporate Bond Fund at 6.7% a year.
All corporate bond funds, ranked by 5-year return
| # | Fund | 1y | 3y | 5y | 10y | 5y regular | 5y SIP XIRR | Expense ratio (direct) |
|---|---|---|---|---|---|---|---|---|
| 1 | Nippon India Corporate Bond Fund | 5.1% | 7.5% | 6.7% | 7.3% | 6.4% | 7.1% | 0.37% |
| 2 | Franklin India Corporate Bond Fund | 6.0% | 8.0% | 6.7% | 7.6% | 6.2% | 7.5% | 0.26% |
| 3 | Axis Corporate Bond Fund | 5.3% | 7.6% | 6.7% | — | 6.1% | 7.2% | 0.36% |
| 4 | ICICI Prudential Corporate Bond Fund | 5.5% | 7.3% | 6.7% | 7.4% | 6.4% | 7.1% | 0.37% |
| 5 | Kotak Corporate Bond Fund | 4.9% | 7.3% | 6.4% | 7.2% | 6.0% | 6.8% | 0.36% |
| 6 | UTI - Corporate Bond Fund | 5.0% | 7.2% | 6.3% | — | 6.0% | 6.8% | 0.32% |
| 7 | Aditya Birla Sun Life Corporate Bond Fund | 4.5% | 7.0% | 6.3% | 7.3% | 6.1% | 6.6% | 0.34% |
| 8 | SBI Corporate Bond Fund | 4.9% | 7.2% | 6.3% | — | 5.8% | 6.7% | 0.37% |
| 9 | PGIM India Corporate Bond Fund | 4.6% | 7.1% | 6.2% | 6.9% | 5.5% | 6.6% | 0.37% |
| 10 | HDFC Corporate Bond Fund | 4.2% | 6.9% | 6.2% | 7.2% | 5.9% | 6.5% | 0.38% |
| 11 | Bandhan Corporate Bond Fund | 5.7% | 7.2% | 6.1% | 7.0% | 5.8% | 6.8% | 0.36% |
| 12 | Invesco India Corporate Bond Fund | 4.6% | 7.1% | 6.1% | 6.5% | 5.7% | 6.6% | 0.29% |
| 13 | DSP Corporate Bond Fund | 6.0% | 7.4% | 6.1% | — | 5.8% | 6.9% | 0.29% |
| 14 | Sundaram Corporate Bond Fund | 4.7% | 7.0% | 6.1% | 6.9% | 5.8% | 6.5% | 0.33% |
| 15 | Mirae Asset Corporate Bond Fund | 5.0% | 7.1% | 6.0% | — | 5.6% | 6.6% | 0.28% |
| 16 | Canara Robeco Corporate Bond Fund | 4.7% | 6.7% | 5.8% | 6.7% | 5.2% | 6.2% | 0.37% |
| 17 | Union Corporate Bond Fund | 4.0% | 6.9% | 5.8% | — | 5.4% | 6.3% | 0.41% |
| — | Baroda BNP Paribas Corporate Bond Fund | 5.8% | 7.7% | — | — | — | — | 0.21% |
| — | HSBC Corporate Bond Fund | 5.0% | 7.3% | — | — | — | — | 0.33% |
| — | Trustmf Corporate Bond Fund | 4.6% | 6.8% | — | — | — | — | 0.26% |
| — | Tata Corporate Bond Fund | 4.9% | 7.2% | — | — | — | — | 0.32% |
Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.
Key takeaways
Frequently asked questions
Which corporate bond fund has given the highest returns?
Over the 5 years to 30 Sep 2026, Nippon India Corporate Bond Fund (direct plan) at 6.7% a year. Past returns do not predict future ones.
What is the average return of corporate bond funds?
The median direct plan returned 6.2% a year over 5 years to 30 Sep 2026.