Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal

Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal

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Debt
Direct
Corporate Bond
NAV: ₹ 13.95 as on 28-02-2024
Fund Performance

About the Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal

Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal is a debt fund. This fund was started on 31 May, 2018. The fund is managed by Anindya Sarkar. This fund is suitable to keep your money safe.

Key Parameters

  1. Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal has ₹461 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal Overview

Expense ratio
Expense ratio
0.36%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹461 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
158.61%

Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
98.9%
AA
1.1%
Sector Allocation

Jan'24

Dec'23

Nov'23

Corporate
59.7%
Government
35.7%
Cash Equivalent
4.5%

Top Holdings of Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal as on (31-Jan-24)

  • Debt & Cash

Debt Holdings39
Holdings
Weight%
1M Change
7.06% Govt Stock 2028
7.06% Govt Stock 2028
5.42%
0%
State Bank Of India
State Bank Of India
5.22%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
3.29%
0%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
3.25%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
3.25%
0%

Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 459.9 Cr
₹ 453.1 Cr
₹ 454.6 Cr
  • AUM of the fund stands at 459.9 Cr as of Jan'24
  • AUM increased by 6.8 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal Fund Manager

Anindya Sarkar
Anindya Sarkar
Fund Manager of Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal, since 1 November 2018

Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal Highlights

Risk meter
pointer

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 5.96% since inception which is more than its category average return of 5.51%
AUM size ₹461 Cr

AUM size ₹461 Cr

This fund has AUM of ₹461 Cr which is less than its category average of ₹ 5893 Cr
Expense Ratio 0.36%

Expense Ratio 0.36%

This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions

The current NAV of Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal is ₹13.95 as on 28-Feb-2024.
Existing (Absolute + CAGR) as on 28-Feb-2024.
Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.92%
0.92%
6 Month Returns
3.56%
3.56%
1 Year Returns
7.44%
7.44%
3 Years Returns
16.09%
5.1%
5 Years Returns
32.1%
5.73%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.36% as on January 2024
₹461 Cr as on January 2024
7.06% Govt Stock 2028(5.42%), State Bank Of India(5.22%), 7.32% Govt Stock 2030(3.29%), Indian Railway Finance Corporation Limited(3.25%), Bajaj Housing Finance Limited(3.25%) as on January 2024
Corporate(59.6%), Government(34.58%), Cash Equivalent(5.82%) as on January 2024
Yield to Maturity is 7.6 as on January 2024. 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 3.17 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
98.88
AA
1.12
Anindya Sarkar is the fund manager of Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal
The Exit load of Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal is 1%