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 9.92% 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 0.41% as of 10 Jul 2025...

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 ₹426.27Cr as of 10 Jul 2025.

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?

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

What is the NAV of Union Corporate Bond Fund Direct Growth?

The NAV of Union Corporate Bond Fund Direct Growth is ₹15.75 as of 09 Jul 2025.

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

The PE ratio ratio of Union 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).

Name	Sector	Instrument	Assets
Power Grid Corporation Of India Ltd.	Energy	Bonds/Deb	5.93%
GOI	Sovereign	GOI Sec	3.68%
National Bank For Agriculture & Rural Development	Financial	Bonds	3.59%
Kotak Mahindra Prime Ltd.	Financial	NCD	3.59%
Jio Credit Ltd.	Financial	Debenture	3.51%
Power Finance Corporation Ltd.	Financial	Debenture	3.49%
Reliance Industries Ltd.	Energy	Bonds	2.47%
GOI	Sovereign	GOI Sec	2.46%
Power Finance Corporation Ltd.	Financial	Debenture	2.44%
Larsen & Toubro Ltd.	Construction	Bonds/NCD	2.41%
GOI	Sovereign	GOI Sec	2.41%
Indian Railway Finance Corporation Ltd.	Financial	NCD	2.41%
REC Ltd.	Financial	NCD	2.41%
National Housing Bank	Financial	Debenture	2.41%
National Bank For Agriculture & Rural Development	Financial	Debenture	2.41%
Jamnagar Utilities and Power Pvt. Ltd.	Capital Goods	Debenture	2.41%
Bajaj Finance Ltd.	Financial	Bonds	2.41%
Indian Oil Corporation Ltd.	Energy	NCD	2.40%
LIC Housing Finance Ltd.	Financial	Bonds/NCD	2.40%
Export-Import Bank Of India	Financial	Bonds	2.40%
LIC Housing Finance Ltd.	Financial	Bonds/Deb	2.39%
Indian Railway Finance Corporation Ltd.	Financial	Bonds/NCD	2.39%
Kotak Mahindra Prime Ltd.	Financial	Debenture	2.39%
Power Finance Corporation Ltd.	Financial	Debenture	2.39%
REC Ltd.	Financial	Debenture	2.39%
Small Industries Devp. Bank of India Ltd.	Financial	Bonds	2.39%
National Housing Bank	Financial	Bonds	2.39%
Bajaj Finance Ltd.	Financial	Bonds/NCD	2.39%
HDFC Bank Ltd.	Financial	Debenture	2.38%
Small Industries Devp. Bank of India Ltd.	Financial	Bonds	2.38%
Sikka Ports and Terminals Ltd.	Energy	Debenture	2.38%
GOI	Sovereign	GOI Sec	1.22%
Reserve Bank of India	Financial	T-Bills	0.07%

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

	1Y	3Y	5Y	All
Fund returns	9.9%	7.7%	6.0%	6.6%
Category average	9.4%	7.6%	6.0%	NA
Rank with in category	6	17	16	NA

Debt, Corporate Bond funds	Rating	1Y	3Y	Fund Size(Cr)
Nippon India Corporate Bond Fund Direct Growth	4	10.3%	8.5%	9,542.42
Axis Corporate Bond Fund Direct Growth	5	10.3%	8.4%	8,119.15
ICICI Prudential Corporate Bond Fund Direct Plan Growth	5	9.4%	8.4%	33,109.10
HDFC Corporate Bond Fund Direct Plan Growth	4	9.6%	8.3%	35,685.99
Franklin India Corporate Debt Fund Direct Growth	5	10.9%	8.2%	842.51

Rank (total assets)	#27 in India
Total AUM	₹21,086.11Cr

Union Corporate Bond Fund Direct Growth

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Expense ratio: 0.41%

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Parijat AgrawalMay 2018 - PresentView details

Anindya SarkarNov 2018 - PresentView details

Shrenuj ParekhJul 2023 - PresentView details

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Parijat Agrawal
May 2018 - Present
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Anindya Sarkar
Nov 2018 - Present
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Shrenuj Parekh
Jul 2023 - Present
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