How to Invest in Mirae Asset Corporate Bond Fund Direct Growth?

You can easily invest in Mirae Asset Corporate Bond Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mirae Asset Corporate Bond Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mirae Asset Corporate Bond Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Corporate Bond Fund Direct Growth provide?

The Mirae Asset Corporate Bond Fund Direct Growth has been there from 17 Mar 2021 and the average annual returns provided by this fund is 5.21% since its inception.

How much expense ratio is charged by Mirae Asset Corporate Bond Fund Direct Growth?

The term Expense Ratio used for Mirae Asset Corporate Bond Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mirae Asset Corporate Bond Fund Direct Growth is 0.17% as of 16 Apr 2026...

What is the AUM of Mirae Asset Corporate Bond Fund Direct Growth?

The AUM, short for Assets Under Management of Mirae Asset Corporate Bond Fund Direct Growth is ₹47.01Cr as of 16 Apr 2026.

How to Redeem Mirae Asset Corporate Bond Fund Direct Growth?

If you want to sell your Mirae Asset Corporate Bond Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mirae Asset Corporate Bond Fund Direct Growth?

You can select either SIP or Lumpsum investment of Mirae Asset Corporate Bond Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Mirae Asset Corporate Bond Fund Direct Growth?

The NAV of Mirae Asset Corporate Bond Fund Direct Growth is ₹13.52 as of 15 Apr 2026.

What is the PE and PB ratio of Mirae Asset Corporate Bond Fund Direct Growth?

The PE ratio ratio of Mirae Asset Corporate Bond Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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Mirae Asset Corporate Bond Fund Direct Growth

Name: Mirae Asset Corporate Bond Fund Direct Growth
Brand: Mirae Asset Mutual Fund

Debt

Corporate Bond

Moderate Risk

+7.25%

3Y annualised

+0.22% 1D

All

NAV: 15 Apr '26

₹13.52

Min. for SIP

₹99

Fund size (AUM)

₹47.01 Cr

Expense ratio

0.17%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
6 months	₹30,000	₹30,021	+0.07%
1 year	₹60,000	₹60,741	+1.23%
3 years	₹1,80,000	₹1,97,471	+9.71%
5 years	₹3,00,000	₹3,51,126	+17.04%

Holdings (29)

Name	Sector	Instruments	Assets
GOI	Sovereign	GOI Sec	13.32%
National Bank For Agriculture & Rural Development	Financial	Bonds	6.79%
HDFC Bank Ltd.	Financial	NCD	6.21%
Bajaj Housing Finance Ltd.	Financial	Debenture	5.33%
REC Ltd.	Financial	Debenture	5.31%
Small Industries Devp. Bank of India Ltd.	Financial	Bonds	4.25%
REC Ltd.	Financial	Bonds	4.21%
GOI	Sovereign	GOI Sec	4.09%
Indian Railway Finance Corporation Ltd.	Financial	NCD	3.20%
Mindspace Business Parks REIT	Construction	Debenture	2.14%
Power Finance Corporation Ltd.	Financial	NCD	2.14%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	2.13%
Cholamandalam Investment and Finance Company Ltd.	Financial	Debenture	2.13%
National Housing Bank	Financial	Debenture	2.13%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	2.13%
HDFC Bank Ltd.	Financial	Debenture	2.13%
Export-Import Bank Of India	Financial	Bonds	2.12%
India Infrastructure Finance Company Ltd.	Construction	Debenture	2.12%
LIC Housing Finance Ltd.	Financial	NCD	2.12%
Export-Import Bank Of India	Financial	Debenture	2.12%
HDB Financial Services Ltd.	Financial	Debenture	2.12%
Knowledge Realty Trust	Construction	NCD	2.12%
Cholamandalam Investment and Finance Company Ltd.	Financial	Debenture	2.12%
Tata Capital Housing Finance Ltd.	Financial	NCD	2.11%
Torrent Pharmaceuticals Ltd.	Healthcare	Debenture	2.11%
Kotak Mahindra Prime Ltd.	Financial	Debenture	2.10%
ICICI Securities Ltd.	Financial	Debenture	2.09%
Shivshakti Securitisation Trust	Others	Sec. Debt	2.09%
Mindspace Business Parks REIT	Construction	Debenture	2.09%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹99

Returns and rankings

Annualised returns

Absolute returns

Name	1Y	3Y	5Y	All
Fund returns	+5.2%	+7.3%	+6.1%	+6.1%
Category average (Debt Corporate Bond)	+7.6%	+7.5%	+5.8%	--
Rank (Debt Corporate Bond)	18	17	16	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Franklin India Corporate Debt Fund Direct Growth	+7.91%	+8.07%	1,254.61
	ICICI Prudential Corporate Bond Fund Direct Plan Growth	+6.21%	+7.76%	30,212.18
	Nippon India Corporate Bond Fund Direct Growth	+5.73%	+7.76%	8,354.21
	Kotak Corporate Bond Fund Direct Growth	+5.81%	+7.65%	15,220.94
	Bandhan Corporate Bond Fund Direct Growth	+5.97%	+7.44%	13,955.78
Compare

Fund management

MKJ
Mahendra Kumar Jajoo
Feb 2021 - Present
View details

Education

Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.

Experience

Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.

Also manages these schemes

Mirae Asset Corporate Bond Fund Direct Growth

KC
Kruti Chheta
Feb 2025 - Present
View details

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.

Also manages these schemes

Mirae Asset Banking and PSU Fund Direct Growth

Mirae Asset Corporate Bond Fund Direct Growth

Mirae Asset Long Duration Fund Direct Growth

Mirae Asset Low Duration Fund Direct Growth

BB
Basant Bafna
Jan 2023 - Present
View details

Education

Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA

Experience

Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India

Also manages these schemes

Mirae Asset Income Plus Arbitrage Active FoF Direct Growth

Mirae Asset Equity Savings Fund Direct Growth

Mirae Asset Corporate Bond Fund Direct Growth

Mirae Asset Balanced Advantage Fund Direct Growth

Mirae Asset Ultra Short Duration Fund Direct Growth

Mirae Asset Multi Asset Allocation Fund Direct Growth

Mirae Asset Dynamic Bond Fund Direct Growth

Mirae Asset Aggressive Hybrid Fund Direct Growth

Mirae Asset Banking and PSU Fund Direct Growth

Mirae Asset Short Duration Fund Direct Growth

Mirae Asset Low Duration Fund Direct Growth

About Mirae Asset Corporate Bond Fund Direct Growth

Mirae Asset Corporate Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Mahendra Kumar Jajoo is the Current Fund Manager of Mirae Asset Corporate Bond Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,00,688 Cr and the Latest NAV as of 15 Apr 2026 is ₹13.52. The Mirae Asset Corporate Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. ;