ICICI Pru Corp Bond Fund leads corporate-bond mutual funds in one-year CAGR returns; delivers 6.0% gain
ICICI Pru Corp Bond Fund delivered 6.0% CAGR returns over the last one year and 7.5% CAGR over three years, according to ACE MF data on June 28.
Moneycontrol Desk
June 29, 2026 / 13:44 IST
ICICI Pru Corp Bond Fund currently leads the corporate-bond mutual fund category with a one-year CAGR return of 6.0 percent. It is followed by DSP Corp Bond Fund and Bandhan Corp Bond Fund, which delivered returns of 5.6 percent and 5.5 percent, respectively, over the same period, according to ACE MF data on June 28.
The ranking considers only schemes with assets under management of at least Rs 1,500 crore. Among the top five funds that meet this criterion, ICICI Pru Corp Bond Fund has the largest corpus at Rs 31,739.5 crore.
The benchmark comparison is also important. ICICI Pru Corp Bond Fund was ahead of its benchmark by 4.1 percentage points on a one-year basis, with the benchmark returning 1.9%. It was also ahead of its benchmark by 0.9 percentage points on a three-year basis, with the benchmark returning 6.7%.
The order changes on a one-month basis. Bandhan Corp Bond Fund delivered the strongest return among these five schemes at 1.9 percent.
The order changes on a three-month basis. Bandhan Corp Bond Fund delivered the strongest return among these five schemes at 2.6 percent.
The same scheme also stays ahead on the three-year return chart. ICICI Pru Corp Bond Fund delivered 7.5 percent over this period.
The variation across return windows shows why rankings can look different depending on the period being considered. A short-term leader may not always be the same as the fund that has done well over a longer horizon.
Table: Top 5 corporate-bond funds by one-year CAGR return
| Fund name | 1-year return (%) | AUM (Rs crore) | 1-month return (%) | 3-month return (%) | 6-month return (%) | 3-year return (%) |
|---|---|---|---|---|---|---|
| ICICI Pru Corp Bond Fund | 6.0 | 31,739.5 | 1.8 | 2.4 | 3.0 | 7.5 |
| DSP Corp Bond Fund | 5.6 | 2,869.8 | 1.0 | 1.8 | 2.8 | 7.0 |
| Bandhan Corp Bond Fund | 5.5 | 13,483.9 | 1.9 | 2.6 | 3.3 | 7.2 |
| HSBC Corporate Bond Fund | 5.4 | 5,786.5 | 1.8 | 2.1 | 2.6 | 7.1 |
| Axis Corp Bond Fund | 5.3 | 8,359.3 | 1.8 | 2.4 | 2.8 | 7.3 |
Note: The ranking considers only schemes with minimum assets under management of Rs 1,500 crore. Returns and AUM are according to ACE MF data on June 28. One-year and three-year returns are CAGR; one-month, three-month and six-month returns are absolute returns. AUM is in Rs crore.
What is a corporate-bond fund?
Corporate-bond funds invest mainly in corporate debt securities. Investors typically assess them on yield, credit quality, duration and consistency of returns.