Union Corporate Bond Fund Direct Growth

Debt
Corporate Bond
Moderate Risk
7.69%
3Y annualised
-0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 09 Jul 2025₹15.75
Min. SIP amount₹500
Rating2
Fund size₹426.27Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (33)

NameSectorInstrumentAssets
Power Grid Corporation Of India Ltd.
EnergyBonds/Deb5.93%
GOI
SovereignGOI Sec3.68%
FinancialBonds3.59%
Kotak Mahindra Prime Ltd.
FinancialNCD3.59%
Jio Credit Ltd.
FinancialDebenture3.51%
Power Finance Corporation Ltd.
FinancialDebenture3.49%
Reliance Industries Ltd.
EnergyBonds2.47%
SovereignGOI Sec2.46%
FinancialDebenture2.44%
Larsen & Toubro Ltd.
ConstructionBonds/NCD2.41%
GOI
SovereignGOI Sec2.41%
Indian Railway Finance Corporation Ltd.
FinancialNCD2.41%
FinancialNCD2.41%
FinancialDebenture2.41%
National Bank For Agriculture & Rural Development
FinancialDebenture2.41%
Capital GoodsDebenture2.41%
Bajaj Finance Ltd.
FinancialBonds2.41%
Indian Oil Corporation Ltd.
EnergyNCD2.40%
LIC Housing Finance Ltd.
FinancialBonds/NCD2.40%
Export-Import Bank Of India
FinancialBonds2.40%
LIC Housing Finance Ltd.
FinancialBonds/Deb2.39%
FinancialBonds/NCD2.39%
Kotak Mahindra Prime Ltd.
FinancialDebenture2.39%
FinancialDebenture2.39%
FinancialDebenture2.39%
Small Industries Devp. Bank of India Ltd.
FinancialBonds2.39%
National Housing Bank
FinancialBonds2.39%
Bajaj Finance Ltd.
FinancialBonds/NCD2.39%
HDFC Bank Ltd.
FinancialDebenture2.38%
FinancialBonds2.38%
EnergyDebenture2.38%
SovereignGOI Sec1.22%
Reserve Bank of India
FinancialT-Bills0.07%
See All

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns9.9%7.7%6.0%6.6%
Category average9.4%7.6%6.0%NA
Rank with in category61716NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 0.41%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Fund management

Anindya Sarkar
Nov 2018 - Present
View details

Education
Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM
Experience
Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.
Also manages these schemes

Shrenuj Parekh
Jul 2023 - Present
View details

Education
Mr. Parekh has done B.Com and CA
Experience
Prior to joining Union Mutual Fund, Crisil Ltd, Axis Bank and Deloitte
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
(022) 6748 3300
Launch Date
30 Dec 2009
Union Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Pros and cons

Category: Debt Corporate Bond

Pros

Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Consistently higher annualised returns than category average for the past 1Y and 3Y
Exit load is zero

Cons

5Y annualised returns lower than category average by 0.04%
Higher expense ratio: 0.41%
Low rating: 2

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