Union Corporate Bond Fund Direct Growth
Union Corporate Bond Fund Direct Growth

Union Corporate Bond Fund Direct Growth

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Debt
Direct
Corporate Bond

NAV: ₹ 12.9 as on 30-01-2023

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 52K in mutual fund in the last three months

Fund Insights

In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 5.4% return, outperforming this fund by 2.28%

In the last 3 years, Axis Corporate Debt Fund Direct Growth has given 6.87% return, outperforming this fund by 1.38%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.7%
2.5%
3.1%
5.5%
Benchmark
0.4%
1.5%
2.5%
3.1%
5.3%
About the Fund

Union Corporate Bond Fund Direct Growth is a debt fund. This fund was started on  31 May, 2018. The fund is managed by Parijat Agrawal, Anindya Sarkar. This fund is suitable to keep your money safe.

Key parameters

1) Union Corporate Bond Fund Direct Growth has a NAV of 12.9447 as on 30-01-2023.

2) Union Corporate Bond Fund Direct Growth has 367 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.39 %.

Fund Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹367 Cr
Inception Date
Inception Date
31 May, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
107.98%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
95.6%
AA
4.4%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

54.4%

Government

32.2%

Cash Equivalent

13.4%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings21
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps
10.17%
0%
icon
7.38% Govt Stock 2027
9.63%
50%
icon
Small Industries Development Bank Of India
6.84%
0%
icon
Larsen And Toubro Limited
6.78%
0%
icon
National Housing Bank
6.76%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM has remained same in the last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 361.7 Cr
Nov'22
₹ 361.7 Cr
Oct'22
₹ 374.5 Cr

Fund Returns vs Benchmark

Dec'22
-0.15%
-0.20%
Dec'22
0.59%
0.75%
Oct'22
0.57%
0.66%
Fund Return
Benchmark Return

Fund Manager

Parijat Agrawal

Parijat Agrawal

Fund Manager of Union Corporate Bond Fund Direct Growth, since 31 May 2018
Anindya Sarkar

Anindya Sarkar

Fund Manager of Union Corporate Bond Fund Direct Growth, since 1 November 2018

Top funds managed

AMC details

Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹10.68K Cr
as on 31-Dec-2022
Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Email
investorcare@unionmf.com

Fund Highlights

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Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.7% since inception which is more than its category average return of 5.31%
AUM size ₹367 Cr

AUM size ₹367 Cr

This fund has AUM of ₹367 Cr which is less than its category average of ₹ 5009 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.58%

Frequently Asked Questions

The current NAV of Union Corporate Bond Fund Direct Growth is 12.94 as on 30-Jan-2023.
Existing (Absolute + CAGR)
Union Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.54%
0.54%
6 Month Returns
2.54%
2.54%
1 Year Returns
3.12%
3.12%
3 Years Returns
17.38%
5.49%
5 Years Returns
0%
0%
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0.39 as on December 2022
367 Cr as on December 2022
Yield to Maturity is 7.39 as on December 2022. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.18 as on December 2022. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
95.59
AA
4.41
Parijat Agrawal,Anindya Sarkar are the fund managers of Union Corporate Bond Fund Direct Growth
The Exit load of Union Corporate Bond Fund Direct Growth is 1%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.