| NAV: 05 Jul 2022 | ₹12.59 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹422.82Cr |
Returns and rankings
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 2.6% | 6.7% | 5.7% |
| Category average | NA | 4.7% | 8.2% | NA |
| Rank with in category | NA | 16 | 9 | NA |
Holdings (19)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Britannia Industries Ltd. | Consumer Staples | NCD | 6.7% |
| REC Ltd. | Financial | NCD | 6.0% |
| Reliance Industries Ltd. | Energy | Debenture | 5.9% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 5.9% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 5.9% |
| Bajaj Finance Ltd. | Financial | Debenture | 5.8% |
Ultratech Cement Ltd. | Construction | Debenture | 5.8% |
| State Bank of India | Financial | Additional Tier 2 Bo | 5.7% |
| Oil & Natural Gas Corporation Ltd. | Energy | Debenture | 5.7% |
| National Housing Bank | Financial | Debenture | 3.5% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.36%
Inclusive of GST
Exit load
1% exit load if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Parijat AgrawalMay 2018 - PresentView details
Anindya SarkarNov 2018 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Union Corporate Bond Fund Direct Growth?
You can easily invest in Union 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 Union 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 Union Corporate Bond Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Union Corporate Bond Fund Direct Growth provide?
The Union Corporate Bond Fund Direct Growth has been there from 25 May 2018 and the average annual returns provided by this fund is 2.57% since its inception.
How much expense ratio is charged by Union Corporate Bond Fund Direct Growth?
The term
Expense Ratio used for Union 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 Union Corporate Bond Fund Direct Growth is 0.36% as of 06 Jul 2022...
What is the AUM of Union Corporate Bond Fund Direct Growth?
The AUM, short for Assets Under Management of Union Corporate Bond Fund Direct Growth is ₹422.82Cr as of 06 Jul 2022.
How to Redeem Union Corporate Bond Fund Direct Growth?
If you want to sell your Union 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 Union Corporate Bond Fund Direct Growth?
What is the NAV of Union Corporate Bond Fund Direct Growth?
The NAV of Union Corporate Bond Fund Direct Growth is ₹12.59 as of 05 Jul 2022.
