Mirae Asset Corporate Bond Fund
Direct–Growth is the plan and option we treat as this fund's main page, so search engines are pointed there. Everything below is this filing's own data.
Fund basics
How it compares in its category
Against the Corporate Bond Regular schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| BARODA BNP PARIBAS CORPORATE BOND FUND Baroda BNP Paribas Mutual Fund | 7.5% | — | — | 1.2% | 0.81 | -2.4% |
| Franklin India Corporate Bond Fund Franklin Templeton Mutual Fund | 7.5% | — | — | 2.2% | 0.43 | -7.7% |
| ICICI Prudential Corporate Bond Fund ICICI Prudential Mutual Fund | 7.3% | — | — | 2.1% | 0.38 | -7.6% |
| Nippon India Corporate Bond Fund Nippon India Mutual Fund | 7.2% | — | — | 0.9% | 0.77 | -1.7% |
| Kotak Corporate Bond Fund Kotak Mahindra Mutual Fund | 7.1% | — | — | 1.4% | 0.43 | -1.9% |
| AXIS Corporate Bond Fund Axis Mutual Fund | 7.1% | — | — | 2.0% | 0.31 | -3.8% |
| DSP Corporate Bond Fund DSP Mutual Fund | 7.1% | — | — | 1.6% | 0.37 | -3.2% |
| Aditya Birla Sun Life Corporate Bond Fund Aditya Birla Sun Life Mutual Fund | 7.0% | — | — | 2.7% | 0.20 | -12.5% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Corporate Bond scheme is
At least 80% in the highest-rated corporate debt.
AA+ and above only. Better yields than government paper with credit risk kept deliberately small — the category exists precisely to avoid the trade-off credit risk funds make.
Who it suits. Conservative investors wanting more than a gilt fund without reaching for risk.
How long money should stay. 3 years or more.
Questions people ask
What is the NAV of Mirae Asset Corporate Bond Fund — Regular Plan — IDCW?
₹13.5032 as on 27 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of Mirae Asset Corporate Bond Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the IDCW option mean?
An IDCW option pays part of the fund's gains out to you, and the NAV falls by exactly what it pays. It is not extra return — it is your own money returned, taxed at your slab rate. That also means a return computed from NAV alone understates an IDCW scheme, which is why no CAGR is shown here for it.
What kind of scheme is this?
At least 80% in the highest-rated corporate debt. AA+ and above only. Better yields than government paper with credit risk kept deliberately small — the category exists precisely to avoid the trade-off credit risk funds make.
How long should money stay in it?
Typically 3 years or more. Conservative investors wanting more than a gilt fund without reaching for risk.