What Are Corporate Bond Funds?
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Corporate Bond Funds
Corporate bond funds invest in debt securities issued by companies, including PSUs (Public Sector 
Undertakings). There is a credit risk associated with the issuer that is denoted by the credit rating assigned to the security. Credit Rating of Securities is assigned by Credit Rating Agencies.
Corporate bonds pay a higher coupon income to compensate for the credit risk associated with them. The price of corporate bonds is also sensitive to interest rate changes depending upon the tenor of the securities held.
Top 5 Corporate Bond (Debt) Funds In India 2019
1. IDFC Corporate Bond Fund
2. Aditya Birla Corporate Bond Fund
3. HDFC Corporate Bond Fund
4. ICICI Prudential Corporate Bond Fund
5. SBI Corporate Bond Fund
These Top 5 Corporate Debt Funds In India manages around Rs.62,000 Crore as on Aug 31, 2019.
The Performances of these funds are quite lucrative these days because of the recent fall in the interest rates, Also many debt funds have also been affected by the recent debt crisis by back to back defaults of some renown brands in India.
Also Read: Gilt Funds, Exchange Traded Funds (ETFs), Open-Ended Mutual Funds, Close-Ended Mutual Funds
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Hi, I’m Managing Director at Gurpreet Saluja Financial Services where I help my investors to invest in mutual funds and achieve their financial goals. I’m also a Value Investor and here I write about Personal Finance & Investing.