HealthyDirect · GrowthFit for a long SIP
HSBC Corporate Bond Fund
HSBC Mutual FundIncome/Debt Oriented Schemes - Corporate Bond Fund3.9 years
- NAV
- 83.0356
- 29 Oct 2026
- 1Y
- +4.0%
- Trailing CAGR
- AUM
- ₹6,058.07 Cr
- 31 Aug 2026
- Volatility
- Low
- 1.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Watch
3.9 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.33% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
32% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 31.7% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.0%
- 3Y+7.2%
- 5Yn/a
- 10Yn/a
- SI+6.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.8%
- 3Y+6.1%
- 5Yn/a
- 10Yn/a
- Since inception
- +6.9%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +32%
- Windows beating the median
- 3Y percentile
- 63
- Vs comparable share classes
- SIP 3Y XIRR
- +6.1%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.8%
- 223 daily-ending windows
- Median rolling 3Y
- +7.5%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.7%
- Worst peak-to-trough
- Current
- -0.5%
- Below last peak
- Current spell
- 50 days
- Days below latest peak
- Time below peak
- +49%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 104 recovered episodes
- Longest recovery
- 27 days
- Trough to prior peak
7 May 2026 – 5 Jun 2026
Trough 21 May 2026 · recovered in 15 days
-0.7%
2 Mar 2026 – 10 Apr 2026
Trough 2 Apr 2026 · recovered in 8 days
-0.6%
9 Jun 2025 – 4 Jul 2025
Trough 13 Jun 2025 · recovered in 21 days
-0.6%
9 Sept 2026 – open
Trough 23 Oct 2026 · not recovered
-0.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
63
Vs category
50
Consistency
41
Risk-adjusted
71
Drawdown
98
Mean
65
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
31 Aug 2026 · 82 holdings · top 10 are 31.7%.
- Top 5
- 18.9%
- Top 10
- 31.7%
- Largest holding
- 5.2%
- Effective holdings
- 52.8
INDIAN OIL CORPORATION LIMITED SR XIV 7.41 LOA 22OT29 FVRS10LAC
Energy & Utilities
5.2%
POWER GRID CORPORATION OF INDIA LIMITED SR I 8.24 LOA 14FB29 FVRS10LAC
Energy & Utilities
4.6%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC
Financial
2.9%
NTPC LIMITED SERIES 67 8.30 LOA 15JN29 FVRS10LAC
Energy & Utilities
2.8%
GOVERNMENT OF INDIA 36232 GOI 21JL30 6.01 FV RS 100
Entities
2.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BARODA BNP PARIBAS CORPORATE BOND FUND
Baroda BNP Paribas Mutual Fund
- 1Y
- +4.8%
- 3Y
- +7.6%
- Vol
- 1.3%
- Max DD
- -2.3%
- Sharpe
- 0.52
- 3Y win
- +94%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Franklin India Corporate Bond Fund
Franklin Templeton Mutual Fund
- 1Y
- +5.3%
- 3Y
- +7.8%
- Vol
- 2.3%
- Max DD
- -7.4%
- Sharpe
- 1.04
- 3Y win
- +81%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
AXIS Corporate Bond Fund
Axis Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.4%
- Vol
- 2.0%
- Max DD
- -3.8%
- Sharpe
- 0.71
- 3Y win
- +83%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
UTI - Corporate Bond Fund
UTI Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.0%
- Vol
- 1.7%
- Max DD
- -3.0%
- Sharpe
- 0.84
- 3Y win
- +57%
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns
BARODA BNP PARIBAS CORPORATE BOND FUND - Annual Option
Baroda BNP Paribas Mutual Fund
- 1Y
- +4.4%
- 3Y
- +4.8%
- Vol
- 5.1%
- Max DD
- -8.5%
- Sharpe
- -0.73
- 3Y win
- +97%
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns