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Fund Pick: HDFC Corporate Bond Fund is a consistent category outperformer

The fund manager, Anupam Joshi, has over 12 years of experience and has been managing it since October 2015

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Assets under management of the fund grew from Rs 11,486 crore in April 2018 to Rs 29,880 crore in March 2021.

CRISIL Research
HDFC Corporate Bond Fund was launched in June 2010 and featured in the top 30 percentile of the corporate bond funds category in CRISIL Mutual Fund Ranking (CMFR) for four quarters through December 2020.
 
Assets under management of the fund grew from Rs 11,486 crore in April 2018 to Rs 29,880 crore in March 2021.
 
The fund manager, Anupam Joshi, has over 12 years of experience and has been managing it since October 2015. The fund’s investment objective is to generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds.
 
Performance
 
The fund