Union Corporate Bond Fund

Union Corporate Bond Fund

Debt

Union Mutual Fund

Corporate Bond

Get the latest NAV of Union Corporate Bond Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹16.14

NAV as on 13 Mar 2026

6.35%/per year

Since Inception

Absolute Gain%

▲▼

5 people have invested ₹ 6K in Union Corporate Bond Fund in the last three months

Union Corporate Bond Fund Performance vs. Corporate Bond Index

Fund returns vs Benchmark returns vs Category Average returns as on (13-Mar-26)

The fund has outperformed the benchmark (Corporate Bond Index) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.06%
0.64%
2.06%
7.02%
7.43%
6.06%
Corporate Bond Index
0.07%
0.76%
1.77%
5.87%
6.09%
6.22%
Corporate Bond Avg
0.06%
0.73%
2.07%
6.65%
7.28%
6.28%
Best in Corporate Bond
0.35%
1.47%
3.15%
9.44%
8.27%
6.96%
Worst in Corporate Bond
-0.01%
0.64%
1.95%
6.31%
7.13%
5.82%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Union Corporate Bond Fund
-
587Cr
0.41%
7.02%
7.43%
-0.66
1.61
0.72
1.27
-0.09
ICICI Prudential Corporate Bond Fund
1/13
33,237Cr
0.35%
7.55%
7.93%
0.32
1.02
1.58
3.48
1.12
Axis Corporate Bond Fund
2/13
8,588Cr
0.36%
7.76%
8.09%
0.06
1.49
1.29
2.74
1.10
UTI Corporate Bond Fund
3/13
5,532Cr
0.26%
7.24%
7.66%
-0.26
1.42
1.00
1.96
0.32
See all

Union Corporate Bond Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

Union Corporate Bond Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
94.4%
AA
5.6%
Cash allocation has gone up from 5.2% to 7.3%
Cash allocation has gone up from 5.2% to 7.3%
Debt allocation has gone down from 94.5% to 92.4%
Debt allocation has gone down from 94.5% to 92.4%

Union Corporate Bond Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Corporate
59%
Government
33.9%
Cash Equivalent
7.1%

Top 2 Sectors in February were Corporate, Government

Feb'26

Corporate

57%

Government

36%

Jan'26

Corporate

62%

Government

33%

Union Corporate Bond Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.41%
Benchmark
CRISIL Corporate Bond A-II TR INR
AUM₹587 Cr
Inception Date31 May, 2018
Min Lumpsum/SIP₹1,000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
86.34%
Risk
Risk meter
pointer
Moderate Risk

About Union Corporate Bond Fund

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

Key Parameters

  1. Union Corporate Bond Fund has ₹587 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Union Corporate Bond Fund has given a CAGR return of 6.35% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.02%, 7.43% and 6.06% respectively.

Holdings

Union Corporate Bond Fund has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Mankind Pharma Limited, Bharti Telecom Limited, National Housing Bank, National Bank For Agriculture And Rural Development, Power Grid Corporation Of India Limited

Taxation

As it is a corporate bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Union Corporate Bond Fund

To achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities. However, there is no assurance that the Investment Objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Corporate Bond Fund has no lock in period.

Fund Manager

Anindya Sarkar

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

Parijat Agrawal

Fund Manager of Union Corporate Bond Fund, since 31 May 2018

Shrenuj Parekh

Fund Manager of Union Corporate Bond Fund, since 14 July 2023

Learn more about Union Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 587.2 Cr
₹ 604.6 Cr
₹ 571.2 Cr
  • AUM of the fund stands at 587.2 Cr as of Feb'26
  • AUM decreased by 17.3 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Union Corporate Bond Fund

How do I invest in Union Corporate Bond Fund?

INDmoney makes it simple to invest in the Union Corporate Bond Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Union Corporate Bond Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Union Corporate Bond Fund?

The NAV of the fund today is ₹16.14. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Union Corporate Bond Fund fund has generated a return of 7.02% in 1 year, 7.43% in 3 years, 6.06% in 5 years.

Who is the fund manager of Union Corporate Bond Fund?

The fund managers are Anindya Sarkar, Parijat Agrawal, Shrenuj Parekh.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-15 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.41%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹587 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Union Corporate Bond Fund?

The top 3 holdings of the fund are Mankind Pharma Limited(5.16%), Bharti Telecom Limited(5.09%), National Housing Bank(4.29%)