DebtCorporate Bond FundDirectGrowthLow to Moderate

SBI Corporate Bond Fund

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

As of 05 Oct 2026, the NAV of SBI Corporate Bond Fund is ₹17.03 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has SBI Corporate Bond Fund delivered?

SBI Corporate Bond Fund has returned +4.69% over 1 year, +7.16% per year over 3 years, +6.28% per year over 5 years and +7.14% 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 SBI Corporate Bond Fund?

SBI Corporate Bond Fund charges an expense ratio of 0.37% 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 SBI Corporate Bond Fund?

SBI Corporate Bond Fund's largest holdings are Bajaj Finance Ltd. (5.1%), 6.94% CGL 2036 (5.1%), National Bank for Agriculture and Rural Development (4.2%), 7.74% State Government of Tamil Nadu 2036 (3.9%) and Pipeline Infrastructure Pvt Ltd. (3.8%). Holdings are disclosed monthly and change over time.

Q: How risky is SBI Corporate Bond Fund?

SBI Corporate Bond Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.1% and its worst peak-to-trough fall in our sample was -2.9%. 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 0.60 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI Corporate Bond Fund's 0.60 means it has rewarded its volatility with excess return. Higher is better.

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

SBI Corporate Bond Fund is benchmarked against the skometer mark - NIFTY ndex A-II uct is suitable for them. Its alpha and beta on this page are measured against that index.

Q: Who manages SBI Corporate Bond Fund?

SBI Corporate Bond Fund is managed by Rajeev Radhakrishnan and Ardhendu Bhattacharya at SBI.

Q: How is SBI Corporate Bond Fund taxed?

SBI 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.

SBI Mutual Fund · Best Corporate Bond Mutual Funds

NAV

₹17.03

+0.08% 1D

as of 05 Oct 2026

This is the Direct plan of SBI Corporate Bond Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+4.61%absolute

52-week rangePrev NAV ₹17.01

Latest ₹17.03

Low ₹16.2896th percentile of its 52-week rangeHigh ₹17.06

Scorecard

★★☆☆☆2/5 vs 21 Corporate Bond Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

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. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Corporate Bond Fund (same plan and option).

PerformanceAverage

3Y CAGR +7.16% · ranks 12 of 21 Corporate Bond Funds

RiskModerate

Volatility 1.1% vs 1.1% category avg

CostHigh

0.4% expense vs 0.3% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 100% of rolling 3-year windows

Concerns

High expense ratio (0.37%) vs the Corporate Bond Fund average of 0.33%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.37%

Category 0.33%▲0.04%

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

—

Category —

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

0.60

Category 0.63▼0.03

Scheme Info

Definitions

Plan

Direct · Growth

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.

—

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

skometer mark - NIFTY ndex A-II uct is suitable for them

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.

08 Feb 2019

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

Definitions

Absolute return over the last 1 month (not annualized)

-0.10%

Absolute return over the last 3 months (not annualized)

+0.39%

Absolute return over the last 6 months (not annualized)

+3.35%

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

+3.37%

Annualized returns (≥1Y — CAGR)

Definitions

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

+4.69%

3-year annualized return (CAGR)

+7.16%

5-year annualized return (CAGR)

+6.28%

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.

+7.14%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.10%

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

0.60

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

0.87

Largest peak-to-trough decline over full history

-2.90%

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	-0.10%	-0.06%	-0.04%
3M abs	+0.39%	+0.43%	-0.04%
6M abs	+3.35%	+3.36%	-0.01%
1Y CAGR	+4.69%	+4.81%	-0.12%
3Y CAGR	+7.16%	+7.18%	-0.02%
5Y CAGR	+6.28%	+6.29%	-0.01%

Category average across peers in Corporate Bond Fund (up to 20 funds with data), 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.

Category rank

Vs 20 peers in Corporate Bond Fund

1Y return

+4.69%

Beats 40% · rank #13

3Y return

+7.16%

Beats 45% · rank #12

5Y return

+6.28%

Beats 56.3% · rank #8

Sharpe

0.60

Beats 50% · rank #11

Sortino

0.87

Beats 50% · rank #11

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

₹7.08L

Absolute

+17.93%

XIRR

+6.74%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into SBI 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	+3.37%
2025	+8.17%
2024	+8.41%
2023	+7.11%
2022	+3.76%
2021	+3.36%
2020	+11.07%
2019part	+9.63%

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

1,859

Expense ratio

0.37%

AUM

₹21,829Cr

YTM (from holdings)

7.70%

Average maturity

3.25 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


SBI Corporate Bond FundThis fund SBI · Direct · Growth	★★☆☆☆	+4.69%	+7.16%	+6.28%	—	0.37%	₹21,829Cr
Franklin India Corporate Bond Fund Franklin Templeton · Direct · Growth	★★★★★	+5.91%	+7.97%	+6.78%	—	0.26%	—
Baroda BNP Paribas Corporate Bond Fund Baroda BNP Paribas · Direct · Growth	★★★★★	+5.57%	+7.70%	—	—	0.21%	₹253.07Cr
Axis Corporate Bond Fund Axis · Direct · Growth	★★★★☆	+5.14%	+7.59%	+6.75%	—	0.36%	₹8,488Cr
Nippon India Corporate Bond Fund Nippon India · Direct · Growth	★★★★☆	+4.87%	+7.45%	+6.76%	—	0.37%	₹9,209Cr
DSP Corporate Bond Fund DSP · Direct · Growth	★★★★☆	+5.96%	+7.38%	+6.08%	—	0.29%	₹3,036Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt93.45%
Cash & Equivalents6.21%
Other0.34%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Bajaj Finance Ltd.

5.08%

National Bank for Agriculture and Rural Development

4.18%

Pipeline Infrastructure Pvt Ltd.

3.78%

Small Industries Development Bank of India

3.10%

TVS Motor Company Ltd.

3.04%

Siddhivinayak Securitisation Trust (Obligor - Digital Fibre Infrastructure Trust)

2.85%

LIC Housing Finance Ltd.

2.60%

India Universal Trust AL2 (Obligor - HDFC Bank Ltd.)

2.59%

Shivshakti Securitisation Trust (Obligor - Digital Fibre Infrastructure Trust)

2.57%

Knowledge Realty Trust

2.52%

Fund size over time

Quarterly average AUM · AMFI

₹21,829Cr

April - June 2026

-4%

since January - March 2026

−₹970.53Cr

est. net flow, last quarter

At or near its largest, ₹22,740Cr 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

SBI Mutual Fund is a joint venture between the State Bank of India and Amundi of France, and was set up in 1987 as the first fund house in India outside UTI. It is the largest by assets, helped by managing a share of the EPFO's ETF investments.

Launched

28 Jun 1987

Total AUM

₹12,57,352Cr+0.7% QoQ

Avg AUM · April - June 2026

Website

sbimf.com

Fund Managers

RRRajeev RadhakrishnanStart date not disclosed

Role

Chief Investment Officer Fixed Income

Education

B.E (Production). MMS (Finance), CFA

Experience

Total experience of 22 years in funds management. Around 16 years in Fixed Income funds management and dealing. Previously he was associated UTI Asset Management Company Ltd. as Co - Fund Manager Past experiences: • SBI Funds Management Limited - (From June 09, 2008 onwards) • Co - Fund Manager - UTI Asset Management Company Limited (June 2001-2008)

Funds managed (10)

All schemes Rajeev Radhakrishnan runs →

ABArdhendu BhattacharyaStart date not disclosed

Role

Fixed Income Dealer Fund Manager

Education

PGDM-Goa Institute of Management

Experience

Mr. Ardhendu Bhattacharya (Fixed Income Dealer) joined SBIFML in April 2019. He has over 12 years of experience in finance sector. Prior to joining SBIFML, he was previously associated with following entities. ICICI Bank Limited (June 2014 – April 2019) - Primarily involved in trading in money markets and short term corporate bonds Citibank N.A. (April 2010 – June 2013) - Principally handled currency and trade sales Currently he is managing debt portion of SBI Retirement Benefit Fund - Aggressive Plan, SBI Retirement Benefit Fund - Aggressive Hybrid Plan, SBI Retirement Benefit Fund - Conservative Hybrid Plan and SBI Retirement Benefit Fund - Conservative Plan, SBI Floating Rate Debt Fund and Co-Fund Manager of SBI Corporate Bond Fund, SBI Banking & PSU Fund, SBI Arbitrage Opportunities Fund, SBI Long Duration Fund, SBI Income Plus Arbitrage Active FOF, and SBI Dynamic Asset Allocation Active FOF.

Funds managed (8)

All schemes Ardhendu Bhattacharya runs →

Fund manager, benchmark and dealing terms from 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.

Explore from here

Fund managers

Rajeev Radhakrishnan Ardhendu Bhattacharya

SBI 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 SBI Corporate Bond Fund?

As of 05 Oct 2026, the NAV of SBI Corporate Bond Fund is ₹17.03 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has SBI Corporate Bond Fund delivered?

SBI Corporate Bond Fund has returned +4.69% over 1 year, +7.16% per year over 3 years, +6.28% per year over 5 years and +7.14% 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 SBI Corporate Bond Fund?

SBI Corporate Bond Fund charges an expense ratio of 0.37% 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 SBI Corporate Bond Fund?

SBI Corporate Bond Fund's largest holdings are Bajaj Finance Ltd. (5.1%), 6.94% CGL 2036 (5.1%), National Bank for Agriculture and Rural Development (4.2%), 7.74% State Government of Tamil Nadu 2036 (3.9%) and Pipeline Infrastructure Pvt Ltd. (3.8%). Holdings are disclosed monthly and change over time.

How risky is SBI Corporate Bond Fund?

SBI Corporate Bond Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.1% and its worst peak-to-trough fall in our sample was -2.9%. 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 0.60 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI Corporate Bond Fund's 0.60 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of SBI Corporate Bond Fund?

SBI Corporate Bond Fund is benchmarked against the skometer mark - NIFTY ndex A-II uct is suitable for them. Its alpha and beta on this page are measured against that index.

Who manages SBI Corporate Bond Fund?

SBI Corporate Bond Fund is managed by Rajeev Radhakrishnan and Ardhendu Bhattacharya at SBI.

How is SBI Corporate Bond Fund taxed?

SBI 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.