HealthyDirect · GrowthFit for a long SIP
Tata Corporate Bond Fund
Tata Mutual FundDebt Scheme - Corporate Bond Fund4.9 years
The scheme seeks to generate returns over short to medium term by investing predominantly in corporate debt instruments.
- NAV
- 13.402
- 30 Oct 2026
- 1Y
- +3.9%
- Trailing CAGR
- AUM
- ₹2,805.17 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 30 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 · The fund beat the category median in 88% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Watch
4.9 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
0.32% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -1.7%. Ask whether you can hold through a similar fall.
Vs category
Pass
88% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Amit Somani · 0.4 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 ≈ 33.5% 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+3.9%
- 3Y+7.0%
- 5Yn/a
- 10Yn/a
- SI+6.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.6%
- 3Y+5.9%
- 5Yn/a
- 10Yn/a
- Since inception
- +6.1%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +88%
- Windows beating the median
- 3Y percentile
- 82
- Vs comparable share classes
- SIP 3Y XIRR
- +5.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.3%
- 461 daily-ending windows
- Median rolling 3Y
- +7.6%
- 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
- -1.7%
- Worst peak-to-trough
- Current
- -0.5%
- Below last peak
- Current spell
- 51 days
- Days below latest peak
- Time below peak
- +49%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 126 recovered episodes
- Longest recovery
- 100 days
- Trough to prior peak
7 Apr 2022 – 17 Aug 2022
Trough 9 May 2022 · recovered in 100 days
-1.7%
11 Mar 2026 – 10 Apr 2026
Trough 2 Apr 2026 · recovered in 8 days
-0.8%
7 May 2026 – 5 Jun 2026
Trough 21 May 2026 · recovered in 15 days
-0.7%
6 Jun 2025 – 14 Jul 2025
Trough 13 Jun 2025 · recovered in 31 days
-0.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
82
Vs category
51
Consistency
77
Risk-adjusted
37
Drawdown
96
Mean
68
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
- The fund beat the category median in 88% of rolling 3-year windows.
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
31 Aug 2026 · 65 holdings · top 10 are 33.5%.
- Top 5
- 18.8%
- Top 10
- 33.5%
- Largest holding
- 5.6%
- Effective holdings
- 40.1
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 191A 6.47 BD 30MY28 FVRS1LAC
Financial
5.6%
REC LIMITED SR 253 7.38 BD 28FB29 FVRS1LAC
Financial
5.3%
STATE DEVELOPMENT LOAN 37382 MH 22AP34 7.55 FV RS 100
Unspecified
3.6%
POWER FINANCE CORPORATION LIMITED SR 248B 7.45 NCD 15JL28 FVRS1LAC
Financial
3.6%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 6.74 BD 10JN29 FVRS1LAC
Financial
3.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Nippon India Corporate Bond Fund
Nippon India Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.3%
- Vol
- 1.1%
- Max DD
- -1.7%
- Sharpe
- 1.68
- 3Y win
- +53%
- Lower volatility
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
DSP Corporate Bond Fund
DSP Mutual Fund
- 1Y
- +5.7%
- 3Y
- +7.4%
- Vol
- 1.6%
- Max DD
- -3.2%
- Sharpe
- 0.78
- 3Y win
- +10%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
TRUSTMF CORPORATE BOND FUND
Trust Mutual Fund
- 1Y
- +4.0%
- 3Y
- +6.7%
- Vol
- 1.3%
- Max DD
- -0.6%
- Sharpe
- 0.62
- 3Y win
- 0%
- Shallower drawdown
- Lower TER
Caveat: Higher volatility · Lower trailing returns
UTI - Bond Fund ( Segregated - 17022020 )
UTI Mutual Fund
- 1Y
- +335.0%
- 3Y
- n/a
- Vol
- n/a
- Max DD
- -24.3%
- Sharpe
- n/a
- 3Y win
- n/a
- Higher trailing returns
Caveat: Deeper drawdown