DebtCorporate Bond FundRegularIDCWLow to Moderate

DSP Corporate Bond Fund

Q: What is the NAV of DSP Corporate Bond Fund?

As of 05 Oct 2026, the NAV of DSP Corporate Bond Fund is ₹10.76 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has DSP Corporate Bond Fund delivered?

DSP Corporate Bond Fund has returned +0.59% over 1 year, +0.75% per year over 3 years, +0.57% per year over 5 years and +0.90% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of DSP Corporate Bond Fund?

DSP Corporate Bond Fund charges an expense ratio of 0.53% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of DSP Corporate Bond Fund?

DSP Corporate Bond Fund's largest holdings are 7.38% GOI 20062027 (7.8%), LIC Housing Finance Limited (5.5%), National Bank For Agriculture & Rural Development (4.7%), Kotak Mahindra Prime Limited (4.7%) and Indian Oil Corporation Limited (4.6%). Holdings are disclosed monthly and change over time.

Q: How risky is DSP Corporate Bond Fund?

DSP Corporate Bond Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.1% and its worst peak-to-trough fall in our sample was -7.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -1.84 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Corporate Bond Fund's -1.84 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of DSP Corporate Bond Fund?

DSP Corporate Bond Fund is benchmarked against the CRISIL Corporate Debt A-II Index. Its alpha and beta on this page are measured against that index.

Q: Who manages DSP Corporate Bond Fund?

DSP Corporate Bond Fund is managed by Shantanu Godambe and Vivek Ramakrishnan at DSP.

Q: How is DSP Corporate Bond Fund taxed?

DSP Corporate Bond Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

DSP Mutual Fund · Best Corporate Bond Mutual Funds

NAV

₹10.76

+0.07% 1D

as of 05 Oct 2026

This is the Regular plan of DSP Corporate Bond Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed quarterly, which is why this NAV sits below the growth plan of the same fund.

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This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+7.11% 3Y CAGR)

NAV history

+0.52%absolute

52-week rangePrev NAV ₹10.76

Latest ₹10.76

Low ₹10.7031st percentile of its 52-week rangeHigh ₹10.90

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Debt funds (same plan and option) to rank against yet.

Performance—

Not enough Corporate Bond Fund peers to rank yet

Risk—

Volatility 3.1% (no category average yet)

Cost—

0.5% expense (no category average yet)

ConsistencyModerate

85% of rolling 3Y windows were positive

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.53%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

-1.84

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

CRISIL Corporate Debt A-II Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

11 Sep 2018

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-1.04%

Absolute return over the last 3 months (not annualized)

+0.02%

Absolute return over the last 6 months (not annualized)

+0.51%

Absolute return since 1 Jan of this year (not annualized)

+0.53%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+0.59%

3-year annualized return (CAGR)

+0.75%

5-year annualized return (CAGR)

+0.57%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+0.90%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

3.12%

Excess return per unit of total volatility (rf = 6.5%)

-1.84

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-1.85

Largest peak-to-trough decline over full history

-7.37%

Benchmark ratios

Not shown for Corporate Bond Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Corporate Bond Fund)

Period	Fund	Category avg.	Diff
1M abs	-1.04%	—	—
3M abs	+0.02%	—	—
6M abs	+0.51%	—	—
1Y CAGR	+0.59%	—	—
3Y CAGR	+0.75%	—	—
5Y CAGR	+0.57%	—	—

Category average across peers in Corporate Bond Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.09L

Absolute

+1.43%

XIRR

+0.58%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into DSP Corporate Bond Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+0.53%
2025	+1.10%
2024	+0.58%
2023	+0.41%
2022	+0.22%
2021	+0.42%
2020	+0.78%
2019	+0.46%
2018part	+2.81%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

1,957

Expense ratio

0.53%

AUM

₹3,036Cr

YTM

6.92%

Modified duration

176 days

Macaulay duration

0.51 years

Average maturity

0.52 years

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Corporate Bond Fund

Compare all


DSP Corporate Bond FundThis fund DSP · Regular · Quarterly IDCW	—	+0.59%	+0.75%	+0.57%	—	0.53%	₹3,036Cr
Nippon India Corporate Bond Fund Nippon India · Regular · IDCW	—	+4.45%	+7.05%	+6.37%	—	0.75%	₹9,209Cr
Kotak Corporate Bond Fund Kotak Mahindra · Regular · Monthly IDCW	—	+4.38%	+6.95%	+4.53%	—	0.69%	₹16,126Cr
UTI - Corporate Bond Fund UTI · Regular · Discontinued · Quarterly IDCW	—	+4.53%	+6.87%	+5.85%	—	0.61%	₹5,314Cr
UTI - Corporate Bond Fund UTI · Regular · Discontinued · Flexi IDCW	—	+4.53%	+6.87%	+5.54%	—	—	₹1.40Cr
UTI - Corporate Bond Fund UTI · Regular · Half-Yearly IDCW	—	+4.53%	+6.87%	+5.52%	—	0.61%	₹5,314Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt99.99%
Cash & Equivalents0.01%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

LIC Housing Finance Limited

5.50%

National Bank For Agriculture & Rural Development

4.66%

Kotak Mahindra Prime Limited

4.65%

Indian Oil Corporation Limited

4.57%

Indian Railway Finance Corporation Limited

3.81%

National Bank For Agriculture & Rural Development

3.69%

REC Limited

3.17%

Indian Railway Finance Corporation Limited

3.10%

Jamnagar Utilities & Power Pvt Limited

2.82%

Power Finance Corporation Limited

2.79%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-7.4%26 Jun 2020 → 15 Jun 2022
Still below that high — 2.0 years down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹3,036Cr

April - June 2026

-8%

since January - March 2026

−₹268.22Cr

est. net flow, last quarter

Down +8% from its peak of ₹3,299Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

DSP Mutual Fund is run by DSP Asset Managers, part of the DSP Group, a Mumbai financial firm whose broking lineage runs back to 1860. The house operated as a joint venture with BlackRock — and Merrill Lynch before it — until the DSP family bought out the foreign stake in 2018.

Launched

15 Dec 1996

Total AUM

₹2,29,802Cr+2.0% QoQ

Avg AUM · April - June 2026

Website

dspim.com

Fund Managers

SGShantanu GodambeManaging since 01 Jan 2025

Education

CFA, MS(Finance), B.Com

Experience

Over 17 years of experience From March 2023 Onwards: Vice President (Investments - Fixed Income) - DSP Asset Managers Private Limited From January 2016-February 2023: Group Executive Vice President – Financial Markets - Plus SDL – April 2033 Index Yes Bank Ltd From November 2008-January 2016: Head – SLR Desk - Prebon Yamane India Ltd

Funds managed (14)

All schemes Shantanu Godambe runs →

VRVivek RamakrishnanManaging since 17 Jul 2021

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Shantanu Godambe

DSP in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Corporate Bond funds

Corporate bond funds lend mainly to high-rated companies (AA+ and above). They aim for a little more yield than government debt while keeping credit risk low.

Frequently asked questions

What is the NAV of DSP Corporate Bond Fund?

As of 05 Oct 2026, the NAV of DSP Corporate Bond Fund is ₹10.76 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has DSP Corporate Bond Fund delivered?

DSP Corporate Bond Fund has returned +0.59% over 1 year, +0.75% per year over 3 years, +0.57% per year over 5 years and +0.90% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of DSP Corporate Bond Fund?

DSP Corporate Bond Fund charges an expense ratio of 0.53% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of DSP Corporate Bond Fund?

DSP Corporate Bond Fund's largest holdings are 7.38% GOI 20062027 (7.8%), LIC Housing Finance Limited (5.5%), National Bank For Agriculture & Rural Development (4.7%), Kotak Mahindra Prime Limited (4.7%) and Indian Oil Corporation Limited (4.6%). Holdings are disclosed monthly and change over time.

How risky is DSP Corporate Bond Fund?

DSP Corporate Bond Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.1% and its worst peak-to-trough fall in our sample was -7.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -1.84 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Corporate Bond Fund's -1.84 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of DSP Corporate Bond Fund?

DSP Corporate Bond Fund is benchmarked against the CRISIL Corporate Debt A-II Index. Its alpha and beta on this page are measured against that index.

Who manages DSP Corporate Bond Fund?

DSP Corporate Bond Fund is managed by Shantanu Godambe and Vivek Ramakrishnan at DSP.

How is DSP Corporate Bond Fund taxed?

DSP Corporate Bond Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.