Union Corporate Bond Fund Direct Growth

Debt
Corporate Bond
Moderate Risk
6.21%
3Y annualised
+0.09% 1D
1M
6M
1Y
3Y
All
NAV: 20 Mar 2023₹13.05
Min. SIP amount₹1,000
Rating2
Fund size₹390.57Cr

Return calculator

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

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.2%6.2%5.7%
Category averageNA3.6%6.0%NA
Rank with in categoryNA1815NA
Understand terms

Holdings (21)

NameSectorInstrumentAssets
GOISovereignGOI Sec10.2%
Small Industries Devp. Bank of India Ltd.
FinancialNCD6.4%
National Housing Bank
FinancialNCD6.3%
National Bank For Agriculture & Rural Development
FinancialDebenture6.3%
Bajaj Finance Ltd.FinancialDebenture6.2%
State Bank of IndiaFinancialAdditional Tier 2 Bo6.1%
Housing Development Finance Corporation Ltd.FinancialDebenture3.8%
Power Finance Corporation Ltd.FinancialDebenture3.8%
Indian Oil Corporation Ltd.EnergyDebenture3.8%
Sundaram Finance Ltd.
FinancialDebenture3.7%
See All

Pros and cons

Category: Debt Corporate Bond

Pros

Cons

Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y annualised returns lower than category average by 0.4%
3Y annualised returns higher than category average by 0.24%
Higher expense ratio: 0.46%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.46%

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.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Parijat Agrawal
May 2018 - Present
View details

Education
Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience
Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
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
022-67483300 / 1800-200-2268
Launch Date
30 Dec 2009
Website
NA
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,

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