Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Debt
Direct
Corporate Bond
NAV: ₹ 13.3 as on 01-06-2023
Fund Performance
About the Fund
Union Corporate Bond Fund Direct Reinvestment 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, Parijat Agrawal. This fund is suitable to keep your money safe.
Key parameters
1) Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal has a NAV of ₹13.3118 as on 01-06-2023.
2) Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal has ₹400 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.39 %.
Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal Overview
 | 0.39% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹400 Cr |
 | 31 May, 2018 |
 | ₹1000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 107.98% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
97.1%
AA
2.9%
Sector Allocation
Corporate
52%
Government
33%
Cash Equivalent
15%
Top Holdings of Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal as on (31-May-23)
Debt Holdings22
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 9.53% | 0% | |
Treps | 7.56% | 0% | |
Small Industries Development Bank Of India | 6.79% | 0% | |
Larsen And Toubro Limited | 6.74% | 0% | |
National Housing Bank | 6.72% | 0% |
See all
Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.24% whereas the fund’s underlying benchmark Corporate Bond Index returns stands at 0.25% as on Apr'23
- This fund underperformed Corporate Bond Index by 0.01% in Apr'23
AUM Change
- AUM of the fund stands at 393.1 Cr as of Apr'23
- AUM decreased by 17.5 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal Fund Manager
Anindya Sarkar
Fund Manager of Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 1 November 2018
Top funds managed
Parijat Agrawal
Fund Manager of Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 31 May 2018
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.89% since inception which is more than its category average return of 5.45%
AUM size ₹400 Cr
This fund has AUM of ₹400 Cr which is less than its category average of ₹ 5506 Cr
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 Reinvestment of Income Distribution cum capital withdrawal is ₹13.31 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 3.73% | 3.73% |
1 Year Returns | 6.29% | 6.29% |
3 Years Returns | 16.28% | 5.16% |
5 Years Returns | 32.83% | 5.84% |
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.
0.39% as on May 2023
₹400 Cr as on May 2023
7.38 6/20/2027 12:00:00 Am(9.53%), Treps(7.56%), Small Industries Development Bank Of India(6.79%), Larsen And Toubro Limited(6.74%), National Housing Bank(6.72%) as on May 2023
Corporate(49.94%), Government(34.92%), Cash Equivalent(15.15%) as on January 1
Yield to Maturity is 7.33 as on May 2023. 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 2.45 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 97.08 |
AA | 2.92 |
Anindya Sarkar, Parijat Agrawal are the fund managers of Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 1%