scorecardresearch
Business Today
Subscribe
PMS Today US News India UPSTART Weather BT Shorts NRI Education Election
BT Golf BT Mindrush BT Best Banks
Clear all
Search

COMPANIES

No Data Found

NEWS

No Data Found
Sign in Subscribe
events
Special
  • BT tech today
  • BT 500 wealth creators summit
  • Economic Indicators
News
Mutual Funds
Union Corporate Bond Fund Direct Growth

Feedback
Union Corporate Bond Fund Direct Growth

Union Corporate Bond Fund Direct Growth

  • Moderate Risk
  • Fixed Income
  • Corporate Bond
  • Share
  • Whatsapp
  • Twitter
  • Facebook
NAV as on Feb 25, 2025
i
Price per unit of the scheme.
₹ 15.0606 0.00% 1 Day Change
0.62%
Minimum Investment ₹1000
Expense Ratio 0.39%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
3
Scheme Rating
*Morningstar Rating Methodologyi

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

FUND PERFORMANCE

(As On --)
Compare fund’s performance against category average across different time periods
1M 3M 6M 1Y 3Y 5Y
-- Out of -- funds in the category
Category Avg Return
--
Fund Return
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

This Fund
Union Corporate Bond Fund Direct Growth
VS
Fixed Income: Corporate Bond Average NAV
Topper in Fixed Income: Corporate Bond
All Fund
*For the other fund, rescaled NAVs are used
Share
  • Whatsapp
  • Twitter
  • Facebook

RETURN CALCULATOR

Check the return on your investment in the fund
Union Corporate Bond Fund Direct Growth
Investment Type
MONTHLY SIP ONE -TIME
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    ₹0
  • Return
    ₹0
  • Current Value
    ₹0

FUND SUMMARY

Benchmark
CRISIL Corporate Bond B-III TR INR
Expense Ratio
0.39 %
Category Avg Expense Ratio
0.31%
Minimum Investment (Lumpsum/SIP)
₹1000/₹1000
Lock In (Years)
No Lock-in
Fund Size
₹ 331.08 Cr(As on Jan, 2025)
Inception Date
May 31, 2018
Turnover
0.00 %
Exit Load
1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.

ABOUT THE FUND

Objective: To achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities. However, there is no assurance that the Investment Objective of the scheme will be achieved.

Union Corporate Bond Fund Direct Growth is an Fixed Income - Corporate Bond fund. The fund was launched in May 31, 2018. Its risk level is Moderate. The NAV of the fund as on Feb 25, 2025 is ₹15.06. Its expense ratio is 0.39 %. The fund has an AUM of ₹331.08 Cr.The fund is managed by Parijat Agrawal, Anindya Sarkar, Shrenuj Parekh. The minimum initial investment is ₹1000 in Lumpsum mode.

SUBSCRIBE TO
BUSINESS TODAY MAGAZINE
Subscribe Now
Already a subscriber? Login

FUND MANAGER

Parijat Agrawal
i
Lead Fund Manager.
May 31, 2018- Present
  • Fund Manager Rank 12 Out of 20
    i
    Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
  • Schemes managed 9
  • Total AUM ₹ 7,917.33 Cr
  • Highest Return In 1 Yr 8.16 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
₹23.81
0.04%
0.08%
Moderate Risk
₹79.40Cr
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
0.62%
0.54%
Moderate Risk
₹331.08Cr
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
--
₹2,483.80
0.62%
0.45%
Moderate Risk
₹4,740.94Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
₹23.81
1.49%
1.22%
Moderate Risk
₹79.40Cr
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
1.78%
1.53%
Moderate Risk
₹331.08Cr
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
--
₹2,483.80
1.79%
1.40%
Moderate Risk
₹4,740.94Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
₹23.81
2.85%
2.66%
Moderate Risk
₹79.40Cr
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
3.83%
3.35%
Moderate Risk
₹331.08Cr
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
--
₹2,483.80
3.62%
2.99%
Moderate Risk
₹4,740.94Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
₹23.81
7.39%
7.16%
Moderate Risk
₹79.40Cr
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
8.14%
7.52%
Moderate Risk
₹331.08Cr
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
₹2,483.80
7.42%
6.77%
Moderate Risk
₹4,740.94Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
₹23.81
5.83%
6.36%
Moderate Risk
₹79.40Cr
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
6.06%
6.09%
Moderate Risk
₹331.08Cr
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
--
₹2,483.80
6.71%
6.33%
Moderate Risk
₹4,740.94Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
₹23.81
5.37%
5.96%
Moderate Risk
₹79.40Cr
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
6.09%
6.08%
Moderate Risk
₹331.08Cr
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
--
₹2,483.80
5.52%
5.11%
Moderate Risk
₹4,740.94Cr
1M 3M 6M 1Y 3Y 5Y
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
Moderate Risk
  • NAV ₹23.81
  • Fund Size ₹79.40Cr
Fund Return 0.04%
Category Return 0.08%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 0.62%
Category Return 0.54%
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹2,483.80
  • Fund Size ₹4,740.94Cr
Fund Return 0.62%
Category Return 0.45%
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
Moderate Risk
  • NAV ₹23.81
  • Fund Size ₹79.40Cr
Fund Return 1.49%
Category Return 1.22%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 1.78%
Category Return 1.53%
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹2,483.80
  • Fund Size ₹4,740.94Cr
Fund Return 1.79%
Category Return 1.40%
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
Moderate Risk
  • NAV ₹23.81
  • Fund Size ₹79.40Cr
Fund Return 2.85%
Category Return 2.66%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 3.83%
Category Return 3.35%
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹2,483.80
  • Fund Size ₹4,740.94Cr
Fund Return 3.62%
Category Return 2.99%
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
Moderate Risk
  • NAV ₹23.81
  • Fund Size ₹79.40Cr
Fund Return 7.39%
Category Return 7.16%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 8.14%
Category Return 7.52%
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹2,483.80
  • Fund Size ₹4,740.94Cr
Fund Return 7.42%
Category Return 6.77%
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
Moderate Risk
  • NAV ₹23.81
  • Fund Size ₹79.40Cr
Fund Return 5.83%
Category Return 6.36%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 6.06%
Category Return 6.09%
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹2,483.80
  • Fund Size ₹4,740.94Cr
Fund Return 6.71%
Category Return 6.33%
Union Dynamic Bond Fund Direct Growth Option Union Dynamic Bond Fund Direct Growth Option
Moderate Risk
  • NAV ₹23.81
  • Fund Size ₹79.40Cr
Fund Return 5.37%
Category Return 5.96%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 6.09%
Category Return 6.08%
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹2,483.80
  • Fund Size ₹4,740.94Cr
Fund Return 5.52%
Category Return 5.11%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
Anindya Sarkar
Nov 1, 2018- Present
  • Schemes managed 3
  • Total AUM ₹ 525.27 Cr
  • Highest Return In 1 Yr 8.16 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
0.62%
0.54%
Moderate Risk
₹331.08Cr
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
--
₹12.59
0.99%
0.71%
Moderate Risk
₹80.36Cr
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
--
₹12.00
0.23%
0.11%
Moderate Risk
₹113.83Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
1.78%
1.53%
Moderate Risk
₹331.08Cr
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
--
₹12.59
2.12%
1.68%
Moderate Risk
₹80.36Cr
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
--
₹12.00
1.38%
1.48%
Moderate Risk
₹113.83Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
3.83%
3.35%
Moderate Risk
₹331.08Cr
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
--
₹12.59
3.90%
3.70%
Moderate Risk
₹80.36Cr
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
--
₹12.00
2.68%
2.84%
Moderate Risk
₹113.83Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
8.14%
7.52%
Moderate Risk
₹331.08Cr
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
₹12.59
8.16%
8.02%
Moderate Risk
₹80.36Cr
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
₹12.00
7.72%
7.52%
Moderate Risk
₹113.83Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
6.06%
6.09%
Moderate Risk
₹331.08Cr
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
--
₹12.59
5.77%
6.48%
Moderate Risk
₹80.36Cr
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
--
₹12.00
--
6.23%
Moderate Risk
₹113.83Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
6.09%
6.08%
Moderate Risk
₹331.08Cr
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
--
₹12.59
--
6.06%
Moderate Risk
₹80.36Cr
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
--
₹12.00
--
5.79%
Moderate Risk
₹113.83Cr
1M 3M 6M 1Y 3Y 5Y
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 0.62%
Category Return 0.54%
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹12.59
  • Fund Size ₹80.36Cr
Fund Return 0.99%
Category Return 0.71%
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
Moderate Risk --
  • NAV ₹12.00
  • Fund Size ₹113.83Cr
Fund Return -0.23%
Category Return 0.11%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 1.78%
Category Return 1.53%
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹12.59
  • Fund Size ₹80.36Cr
Fund Return 2.12%
Category Return 1.68%
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
Moderate Risk --
  • NAV ₹12.00
  • Fund Size ₹113.83Cr
Fund Return 1.38%
Category Return 1.48%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 3.83%
Category Return 3.35%
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹12.59
  • Fund Size ₹80.36Cr
Fund Return 3.90%
Category Return 3.70%
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
Moderate Risk --
  • NAV ₹12.00
  • Fund Size ₹113.83Cr
Fund Return 2.68%
Category Return 2.84%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 8.14%
Category Return 7.52%
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹12.59
  • Fund Size ₹80.36Cr
Fund Return 8.16%
Category Return 8.02%
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
Moderate Risk --
  • NAV ₹12.00
  • Fund Size ₹113.83Cr
Fund Return 7.72%
Category Return 7.52%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 6.06%
Category Return 6.09%
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹12.59
  • Fund Size ₹80.36Cr
Fund Return 5.77%
Category Return 6.48%
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
Moderate Risk --
  • NAV ₹12.00
  • Fund Size ₹113.83Cr
Fund Return --
Category Return 6.23%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 6.09%
Category Return 6.08%
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹12.59
  • Fund Size ₹80.36Cr
Fund Return --
Category Return 6.06%
Union Gilt Fund Direct Growth Union Gilt Fund Direct Growth
Moderate Risk --
  • NAV ₹12.00
  • Fund Size ₹113.83Cr
Fund Return --
Category Return 5.79%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
Shrenuj Parekh
Jul 14, 2023- Present
  • Schemes managed 1
  • Total AUM ₹ 331.08 Cr
  • Highest Return In 1 Yr 8.14 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
0.62%
0.54%
Moderate Risk
₹331.08Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
1.78%
1.53%
Moderate Risk
₹331.08Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
3.83%
3.35%
Moderate Risk
₹331.08Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
8.14%
7.52%
Moderate Risk
₹331.08Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
6.06%
6.09%
Moderate Risk
₹331.08Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
6.09%
6.08%
Moderate Risk
₹331.08Cr
1M 3M 6M 1Y 3Y 5Y
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 0.62%
Category Return 0.54%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 1.78%
Category Return 1.53%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 3.83%
Category Return 3.35%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 8.14%
Category Return 7.52%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 6.06%
Category Return 6.09%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
Moderate Risk
  • NAV ₹15.06
  • Fund Size ₹331.08Cr
Fund Return 6.09%
Category Return 6.08%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Feb 2025
EQUITY (0.00%)
DEBT (95.08%)
CASH (4.40%)
OTHERS (0.52%)
Allocation by Market Cap

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.
  • Consistency
    i
    It represents the consistency of a fund in beating its benchmark.
  • Downside Risk
    i
    Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
  • Risk Adjusted Return
    i
    Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
  • Volatility
    i
    Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
  • Upside Capture Ratio
    i
    Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
  • Downside Capture Ratio
    i
    Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
  • Alpha: Excess return of the fund over benchmark
    i
    Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
    0.33
    This Fund
    VS
    0.26
    Category Avg
  • Beta: Risk of the fund in relation to benchmark
    i
    Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
    1.01
    This Fund
    VS
    0.98
    Category Avg
  • Sortino Ratio: Return per unit of bad risk
    i
    A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
    0.35
    This Fund
    VS
    0.13
    Category Avg
  • R-Squared: How well the fund tracks benchmark
    i
    R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
    86.52
    This Fund
    VS
    67.22
    Category Avg
  • Sharpe Ratio: Risk adjusted return of the fund
    i
    Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
    0.29
    This Fund
    VS
    0.17
    Category Avg
  • Standard Devation: Volatility of the fund
    i
    Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
    1.23
    This Fund
    VS
    1.50
    Category Avg
Benchmark used in calculation : CRISIL Short Term Bond TR INR

PEER ANALYSIS

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Franklin India Corporate Debt Direct Growth Franklin India Corporate Debt Direct Growth
₹102.85
0.78%
0.54%
Low to Moderate Risk
₹758.60 Cr
TrustMF Corporate Bond Fund Direct Growth TrustMF Corporate Bond Fund Direct Growth
--
₹1,161.96
0.71%
0.54%
Moderate Risk
₹70.81 Cr
SBI Corporate Bond Fund Direct Growth SBI Corporate Bond Fund Direct Growth
₹15.41
0.71%
0.54%
Moderate Risk
₹20,302.63 Cr
ICICI Prudential Corporate Bond Fund Direct Plan Growth ICICI Prudential Corporate Bond Fund Direct Plan Growth
₹30.19
0.69%
0.54%
Low to Moderate Risk
₹29,133.56 Cr
Axis Corporate Debt Fund Direct Growth Axis Corporate Debt Fund Direct Growth
₹17.40
0.68%
0.54%
Moderate Risk
₹6,132.90 Cr
PGIM India Corporate Bond Fund Direct Plan Growth PGIM India Corporate Bond Fund Direct Plan Growth
₹46.34
0.66%
0.54%
Moderate Risk
₹94.77 Cr
Franklin India Corporate Debt Direct Growth Franklin India Corporate Debt Direct Growth
LOW TO MODERATE RISK
  • NAV ₹102.85
  • Fund Size ₹758.60 Cr
Fund Return 0.78%
Category Return 0.54%
TrustMF Corporate Bond Fund Direct Growth TrustMF Corporate Bond Fund Direct Growth
MODERATE RISK --
  • NAV ₹1,161.96
  • Fund Size ₹70.81 Cr
Fund Return 0.71%
Category Return 0.54%
SBI Corporate Bond Fund Direct Growth SBI Corporate Bond Fund Direct Growth
MODERATE RISK
  • NAV ₹15.41
  • Fund Size ₹20,302.63 Cr
Fund Return 0.71%
Category Return 0.54%
ICICI Prudential Corporate Bond Fund Direct Plan Growth ICICI Prudential Corporate Bond Fund Direct Plan Growth
LOW TO MODERATE RISK
  • NAV ₹30.19
  • Fund Size ₹29,133.56 Cr
Fund Return 0.69%
Category Return 0.54%
Axis Corporate Debt Fund Direct Growth Axis Corporate Debt Fund Direct Growth
MODERATE RISK
  • NAV ₹17.40
  • Fund Size ₹6,132.90 Cr
Fund Return 0.68%
Category Return 0.54%
PGIM India Corporate Bond Fund Direct Plan Growth PGIM India Corporate Bond Fund Direct Plan Growth
MODERATE RISK
  • NAV ₹46.34
  • Fund Size ₹94.77 Cr
Fund Return 0.66%
Category Return 0.54%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Top funds from this amc

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
--
₹12.59
0.99%
0.71%
Moderate Risk
₹80.36 Cr
Union Money Market Fund Direct Growth Union Money Market Fund Direct Growth
--
₹1,231.38
0.64%
0.51%
Low to Moderate Risk
₹175.97 Cr
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
₹15.06
0.62%
0.54%
Moderate Risk
₹331.08 Cr
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
--
₹2,483.80
0.62%
0.45%
Moderate Risk
₹4,740.94 Cr
Union Overnight Fund Direct Growth Union Overnight Fund Direct Growth
--
₹1,336.55
0.54%
--
Low Risk
₹247.06 Cr
Union Arbitrage Fund Direct Growth Union Arbitrage Fund Direct Growth
--
₹14.18
0.53%
0.22%
Low Risk
₹228.83 Cr
Union Medium Duration Fund Direct Growth Union Medium Duration Fund Direct Growth
MODERATE RISK --
  • NAV ₹12.59
  • Fund Size ₹80.36 Cr
Fund Return 0.99%
Category Return 0.71%
Union Money Market Fund Direct Growth Union Money Market Fund Direct Growth
LOW TO MODERATE RISK --
  • NAV ₹1,231.38
  • Fund Size ₹175.97 Cr
Fund Return 0.64%
Category Return 0.51%
Union Corporate Bond Fund Direct Growth Union Corporate Bond Fund Direct Growth
MODERATE RISK
  • NAV ₹15.06
  • Fund Size ₹331.08 Cr
Fund Return 0.62%
Category Return 0.54%
Union Liquid Fund Direct Plan Growth Option Union Liquid Fund Direct Plan Growth Option
MODERATE RISK --
  • NAV ₹2,483.80
  • Fund Size ₹4,740.94 Cr
Fund Return 0.62%
Category Return 0.45%
Union Overnight Fund Direct Growth Union Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹1,336.55
  • Fund Size ₹247.06 Cr
Fund Return 0.54%
Category Return --
Union Arbitrage Fund Direct Growth Union Arbitrage Fund Direct Growth
LOW RISK --
  • NAV ₹14.18
  • Fund Size ₹228.83 Cr
Fund Return 0.53%
Category Return 0.22%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Union Asset Management Co. Pvt. Ltd.
Union Asset Management Co. Pvt. Ltd. manages assets worth ₹ 24,700.03 crores. It’s current offering of mutual fund schemes includes 12 equity, 7 debt and 8 hybrid schemes.
Phone
+91 022 67483333
Email
investorcare@unionmf.com
AUM
₹ 24,700.03 Cr (
As on Jan 2025
)
Address
Unit 802, 8th Floor, Tower ‘A’, ,Mumbai ,400013

FAQ’S

What is the category of Union Corporate Bond Fund Direct Growth ?
The category of Union Corporate Bond Fund Direct Growth is Fixed Income - Corporate Bond
What is the current NAV of Union Corporate Bond Fund Direct Growth ?
The current NAV of Union Corporate Bond Fund Direct Growth (as on Feb 25, 2025) is ₹ 15.06
How safe is Union Corporate Bond Fund Direct Growth?
The risk level of Union Corporate Bond Fund Direct Growth is Moderate .
What are short term returns given by Union Corporate Bond Fund Direct Growth?
The return given by Union Corporate Bond Fund Direct Growth in 1 month is 0.62%, 3 months is 1.78%, 6 months is 3.83%, and 1 year is 8.14%.
What are the long term returns given by Union Corporate Bond Fund Direct Growth?
The return given by Union Corporate Bond Fund Direct Growth in 3 years is 6.06% and 5 years is 6.09%.
What is the expense ratio of Union Corporate Bond Fund Direct Growth?
The expense ratio of Union Corporate Bond Fund Direct Growth is 0.39 %
What is the AUM of Union Corporate Bond Fund Direct Growth
The assets under Management (AUM) of Union Corporate Bond Fund Direct Growth is Rs 331.08 crores.
What is the minimum investment in Union Corporate Bond Fund Direct Growth?
The minimum Lumpsum investment in Union Corporate Bond Fund Direct Growth is ₹1000 and the minimum SIP investment in Union Corporate Bond Fund Direct Growth is ₹1000
What is the asset allocation of Union Corporate Bond Fund Direct Growth?
The Union Corporate Bond Fund Direct Growth has an exposure of 95.08% in Debt and 4.40% in Cash & Money Market Securities

CALCULATORS

Income Tax Calculator SIP Calculator FD Calculator Dividend Yield Calculator Lump-Sum Calculator CAGR Calculator Top-Up Calculator Latte Factor Calculator

Top Stories

Advertisement