MonitorDirect · GrowthWatch before adding
SBI Corporate Bond Fund
SBI Mutual FundDebt Scheme - Corporate Bond Fund7.7 years
The scheme seeks to provide the investors an opportunity to predominantly invest in corporate bonds rated AA+ and above to generate additional spread on part of their debt investments from high quality corporate debt securities while maintaining moderate liquidity in the portfolio through investment in money market securities.
- NAV
- 16.9791
- 29 Oct 2026
- 1Y
- +3.8%
- Trailing CAGR
- AUM
- ₹21,803.13 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.7% 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
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
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.
Prefer peers if · Prefer Tata Corporate Bond Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
7.7 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.37% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.9%. Ask whether you can hold through a similar fall.
Vs category
Fail
23% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Ardhendu Bhattacharya · 2.9 years on the scheme.
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 ≈ 37.8% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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+3.8%
- 3Y+7.0%
- 5Y+6.2%
- 10Yn/a
- SI+7.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.5%
- 3Y+6.0%
- 5Y+6.5%
- 10Yn/a
- Since inception
- +7.0%
- Calendar-day CAGR
- Excess 1Y
- -0.0%
- Category median, same plan and option
- 3Y win rate
- +23%
- Windows beating the median
- 3Y percentile
- 73
- Vs comparable share classes
- SIP 3Y XIRR
- +6.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.6%
- 1154 daily-ending windows
- Median rolling 3Y
- +6.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 668 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.9%
- 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
- 5 days
- 204 recovered episodes
- Longest recovery
- 65 days
- Trough to prior peak
6 Mar 2020 – 31 Mar 2020
Trough 23 Mar 2020 · recovered in 8 days
-2.9%
8 Jan 2021 – 26 Apr 2021
Trough 16 Mar 2021 · recovered in 41 days
-1.3%
5 Apr 2022 – 13 Jul 2022
Trough 9 May 2022 · recovered in 65 days
-0.9%
5 Aug 2020 – 3 Sept 2020
Trough 28 Aug 2020 · recovered in 6 days
-0.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
73
Vs category
50
Consistency
34
Risk-adjusted
59
Drawdown
93
Mean
62
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
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
30 Sept 2026 · 79 holdings · top 10 are 37.8%.
- Top 5
- 24.4%
- Top 10
- 37.8%
- Largest holding
- 7.6%
- Effective holdings
- 40.2
Repo
Unspecified
7.6%
BAJAJ FINANCE LIMITED 7.82% NCD 31JN34 FVRS1LAC
Financial
5.2%
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
4.5%
PIPELINE INFRASTRUCTURE LIMITED SR 3 7.96 NCD 11MR29 FVRS1LAC
Industrials
3.8%
SIDDHIVINAYAK SECURITISATION TRUST SD TRUST PTC 15SEPT25
Unspecified
3.3%
What changed
DECISION
Status moved from HEALTHY to MONITOR.
15 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Tata Corporate Bond Fund
Tata Mutual Fund
- 1Y
- +3.9%
- 3Y
- +7.0%
- Vol
- 1.1%
- Max DD
- -1.7%
- Sharpe
- 0.23
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
ICICI Prudential Corporate Bond Fund
ICICI Prudential Mutual Fund
- 1Y
- +4.2%
- 3Y
- +7.0%
- Vol
- 1.2%
- Max DD
- -2.0%
- Sharpe
- 1.71
- 3Y win
- +77%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Nippon India Corporate Bond Fund
Nippon India Mutual Fund
- 1Y
- +3.9%
- 3Y
- +7.3%
- Vol
- 1.1%
- Max DD
- -1.7%
- Sharpe
- 1.68
- 3Y win
- +53%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Aditya Birla Sun Life Corporate Bond Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +3.1%
- 3Y
- +6.7%
- Vol
- 1.4%
- Max DD
- -2.4%
- Sharpe
- 1.41
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
PGIM India Corporate Bond Fund
PGIM India Mutual Fund
- 1Y
- +3.4%
- 3Y
- +6.9%
- Vol
- 1.5%
- Max DD
- -3.1%
- Sharpe
- 0.79
- 3Y win
- +45%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns