October 11, 2025
RA Jainee
Mirae Asset Corporate Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 13.2485
NAV IDCW: Rs 13.2454
Suitable For Which Investors?
Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
The scheme seeks to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds
Fund Manager:
1) Kruti Chheta
Education: Ms. Chheta has done BAF (Finance and Accounts) and MBA (Finance).
Experience: Prior to joining Mirae Asset Mutual Fund, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 99 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 5 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Mirae Asset Corporate Bond Fund
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | 17-Mar-21 |
| Return Since Launch | 6.35% |
| Benchmark | CRISIL Corporate Debt A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 44 Cr |
| (As on 31-Aug-2025) | |
| Expense | 0.24% |
| (As on 30-Sep-2025) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Corporate Bond Dir | 6.61 | -0.02 | 0.71 | 1.19 | 3.35 | 8.35 | 7.87 | — | — | — |
| VR Bond | 4.73 | 0.00 | 0.78 | 0.84 | 2.12 | 6.10 | 7.37 | — | — | — |
| Debt: Corporate Bond | 6.90 | -0.01 | 0.79 | 1.32 | 3.74 | 8.45 | 8.08 | — | — | — |
| Rank within category | 16 | 16 | 18 | 20 | 18 | 13 | 16 | — | — | — |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 20 | 18 | 17 | 12 |
Peer Comparison of Mirae Asset Corporate Bond Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Mirae Asset Corporate Bond Dir | 2 star | 8.35 | 7.87 | — | 0.24 | 44 | 6.35 | — | 4Y 6M |
| HDFC Corporate Bond Dir | 4 star | 8.13 | 8.22 | 6.55 | 0.36 | 35,574 | 8.15 | — | 12Y 9M |
| ICICI Pru Corporate Bond Dir | 5 star | 8.57 | 8.16 | 6.8 | 0.35 | 33,753 | 8.24 | — | 12Y 9M |
| Kotak Corporate Bond Dir | 4 star | 8.61 | 8.19 | 6.58 | 0.35 | 17,546 | 8.08 | — | 12Y 9M |
| Bandhan Corporate Bond Dir | 4 star | 8.2 | 7.79 | 6.16 | 0.33 | 15,903 | 7.46 | — | 9Y 8M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 26 | 26 |
| Macaulay Duration (yrs) | 2.94 | 3.44 |
| Average Maturity (yrs) | 3.57 | 4.69 |
| Yield to Maturity (%) | 6.76 | 6.90 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Mirae Asset Corporate Bond Fund
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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