DebtCorporate Bond FundRegularGrowthLow to Moderate

Mirae Asset Corporate Bond Fund

Q: What is the NAV of Mirae Asset Corporate Bond Fund?

As of 01 Oct 2026, the NAV of Mirae Asset Corporate Bond Fund is ₹13.51 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Mirae Asset Corporate Bond Fund delivered?

Mirae Asset Corporate Bond Fund has returned +4.36% over 1 year, +6.58% per year over 3 years, +5.58% per year over 5 years and +5.57% 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 Mirae Asset Corporate Bond Fund?

Mirae Asset Corporate Bond Fund charges an expense ratio of 0.68% 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 Mirae Asset Corporate Bond Fund?

Mirae Asset Corporate Bond Fund's largest holdings are 7.45% Export-Import Bank of India (MD 12/04/2028) (6.8%), 6.44% HDFC Bank Ltd. (MD 27/09/2028) (6.6%), 8.04% Bajaj Housing Finance Ltd. (MD 18/01/2027) (5.6%), 6.94% Government of India (MD 11/05/2036) (4.5%) and 7.51% Small Industries Development Bank of India (MD 12/06/2028) (4.5%). Holdings are disclosed monthly and change over time.

Q: How risky is Mirae Asset Corporate Bond Fund?

Mirae Asset Corporate Bond Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.2% and its worst peak-to-trough fall in our sample was -1.3%. 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 0.07 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Mirae Asset Corporate Bond Fund's 0.07 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Mirae Asset Corporate Bond Fund?

Mirae Asset 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 Mirae Asset Corporate Bond Fund?

Mirae Asset Corporate Bond Fund is managed by Kruti Chheta at Mirae Asset.

Q: How is Mirae Asset Corporate Bond Fund taxed?

Mirae Asset 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.

Mirae Asset Mutual Fund · Best Corporate Bond Mutual Funds

NAV

₹13.51

-0.03% 1D

as of 01 Oct 2026

This is the Regular plan of Mirae Asset Corporate Bond Fund — bought through a distributor, whose commission is paid out of 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

+4.47%CAGR

52-week rangePrev NAV ₹13.52

Latest ₹13.51

Low ₹12.9594th percentile of its 52-week rangeHigh ₹13.55

Scorecard

★☆☆☆☆1/5 vs 22 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).

PerformanceBelow avg

3Y CAGR +6.58% · ranks 17 of 21 Corporate Bond Funds

RiskModerate

Volatility 1.2% vs 1.1% category avg

CostAverage

0.7% expense vs 0.7% 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

Weaker risk-adjusted returns — Sharpe 0.07 below the Corporate Bond Fund average of 0.27

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.68%

Category 0.70%▼0.02%

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

—

Category —

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

0.07

Category 0.27▼0.20

Scheme Info

Definitions

Plan

Regular · 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.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

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.

18 Mar 2021

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

Definitions

Absolute return over the last 1 month (not annualized)

+0.07%

Absolute return over the last 3 months (not annualized)

+0.48%

Absolute return over the last 6 months (not annualized)

+2.88%

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

+3.07%

Annualized returns (≥1Y — CAGR)

Definitions

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

+4.36%

3-year annualized return (CAGR)

+6.58%

5-year annualized return (CAGR)

+5.58%

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.

+5.57%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.16%

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

0.07

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

0.10

Largest peak-to-trough decline over full history

-1.27%

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	+0.07%	+0.06%	+0.01%
3M abs	+0.48%	+0.39%	+0.09%
6M abs	+2.88%	+2.91%	-0.03%
1Y CAGR	+4.36%	+4.47%	-0.11%
3Y CAGR	+6.58%	+6.79%	-0.21%
5Y CAGR	+5.58%	+5.88%	-0.30%

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

+4.36%

Beats 50% · rank #11

3Y return

+6.58%

Beats 20% · rank #17

5Y return

+5.58%

Beats 18.8% · rank #14

Sharpe

0.07

Beats 20% · rank #17

Sortino

0.10

Beats 20% · rank #17

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

₹6.97L

Absolute

+16.21%

XIRR

+6.14%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Mirae Asset 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	+3.07%
2025	+7.30%
2024	+8.01%
2023	+6.27%
2022	+2.85%
2021part	+3.43%

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

1,340

Expense ratio

0.68%

AUM

₹45.55Cr

YTM

7.05%

Modified duration

1.91 years

Macaulay duration

2.01 years

Average maturity

2.59 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


Mirae Asset Corporate Bond FundThis fund Mirae Asset · Regular · Growth	★☆☆☆☆	+4.36%	+6.58%	+5.58%	—	0.68%	₹45.55Cr
Franklin India Corporate Bond Fund Franklin Templeton · Regular · Growth	★★★★☆	+5.45%	+7.39%	+6.19%	—	0.77%	—
Baroda BNP Paribas Corporate Bond Fund Baroda BNP Paribas · Regular · Growth	★★★★★	+5.27%	+7.37%	—	—	0.50%	₹253.07Cr
DSP Corporate Bond Fund DSP · Regular · Growth	★★★★☆	+5.74%	+7.12%	+5.80%	—	0.53%	₹3,036Cr
Nippon India Corporate Bond Fund Nippon India · Regular · Growth	★★★★☆	+4.55%	+7.05%	+6.36%	—	0.75%	₹9,209Cr
ICICI Prudential Corporate Bond Fund ICICI Prudential · Regular · Growth	★★★★★	+5.14%	+7.04%	+6.43%	—	0.60%	₹31,741Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt79.47%
Cash & Equivalents20.12%
Other0.42%

Fund size over time

Quarterly average AUM · AMFI

₹45.55Cr

April - June 2026

-5%

since January - March 2026

−₹2.38Cr

est. net flow, last quarter

At or near its largest, ₹47.84Cr 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

Mirae Asset Mutual Fund is the Indian arm of Mirae Asset, the South Korean manager, and has operated here since 2008. Its growth came largely from a small number of large equity schemes rather than a wide line-up.

Launched

29 Nov 2007

Total AUM

₹2,37,421Cr+5.5% QoQ

Avg AUM · July - September 2026

Website

miraeassetmf.co.in

Fund Managers

KCKruti ChhetaManaging since 05 Feb 2025

Role

Fund Manager and Fixed Income Analyst

Education

Masters in Management Studies (Finance) & Bachelor in Accounts and Finance

Experience

Ms. Kruti Chheta has over 10 years of experience in the fixed income market and has been associated with Mirae Asset Investment Managers (India) Private Ltd. for over 7 years as a fixed income analyst and fund manager. Her responsibilities as part of the investment team includes leading the research for managing debt funds. Prior to joining the AMC, Ms. Chheta has been associated with AK Capital and Shriram Wealth Advisors. At AK Capital, Ms. Chheta was a Fixed Income Analyst for the tenure of ~1 year in a client advisory role, assisting large pension funds with research on fixed income investment opportunities. At Shriram Wealth Advisors, Ms. Chheta was a Research Analyst for tenure of ~2 years advising Shriram Life Insurance Company.

Funds managed (2)

All schemes Kruti Chheta 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.

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Fund managers

Kruti Chheta

Mirae Asset 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 Mirae Asset Corporate Bond Fund?

As of 01 Oct 2026, the NAV of Mirae Asset Corporate Bond Fund is ₹13.51 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Mirae Asset Corporate Bond Fund delivered?

Mirae Asset Corporate Bond Fund has returned +4.36% over 1 year, +6.58% per year over 3 years, +5.58% per year over 5 years and +5.57% 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 Mirae Asset Corporate Bond Fund?

Mirae Asset Corporate Bond Fund charges an expense ratio of 0.68% 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 Mirae Asset Corporate Bond Fund?

Mirae Asset Corporate Bond Fund's largest holdings are 7.45% Export-Import Bank of India (MD 12/04/2028) (6.8%), 6.44% HDFC Bank Ltd. (MD 27/09/2028) (6.6%), 8.04% Bajaj Housing Finance Ltd. (MD 18/01/2027) (5.6%), 6.94% Government of India (MD 11/05/2036) (4.5%) and 7.51% Small Industries Development Bank of India (MD 12/06/2028) (4.5%). Holdings are disclosed monthly and change over time.

How risky is Mirae Asset Corporate Bond Fund?

Mirae Asset Corporate Bond Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.2% and its worst peak-to-trough fall in our sample was -1.3%. 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 0.07 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Mirae Asset Corporate Bond Fund's 0.07 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Mirae Asset Corporate Bond Fund?

Mirae Asset 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 Mirae Asset Corporate Bond Fund?

Mirae Asset Corporate Bond Fund is managed by Kruti Chheta at Mirae Asset.

How is Mirae Asset Corporate Bond Fund taxed?

Mirae Asset 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.