Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Debt
Direct
Corporate Bond
NAV: ₹ 14.06 as on 22-04-2024
Fund Performance
About the Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal
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. This fund is suitable to keep your money safe.
Key Parameters
- Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal has ₹432 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal Overview
 | 0.37% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹432 Cr |
 | 31 May, 2018 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 158.61% |
Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal Distribution as on (31-Dec-69)
Credit rating breakup
AAA
98.8%
AA
1.2%
Sector Allocation
Corporate
60.2%
Government
35.2%
Cash Equivalent
4.6%
Top Holdings of Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal as on (31-Mar-24)
Debt Holdings36
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 5.78% | 66.7% | |
State Bank Of India | 5.63% | 0% | |
7.32% Govt Stock 2030 | 4.66% | 0% | |
Indian Railway Finance Corporation Limited | 3.47% | 0% | |
Bajaj Housing Finance Limited | 3.47% | 0% |
See all
Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 441.5 Cr as of Mar'24
- AUM decreased by 10.5 Cr between Mar'24 and Feb'24
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
Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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 5.95% since inception which is more than its category average return of 5.43%
AUM size ₹432 Cr
This fund has AUM of ₹432 Cr which is less than its category average of ₹ 6127 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal is ₹14.06 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Union Corporate Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.38% | 0.38% |
6 Month Returns | 3.88% | 3.88% |
1 Year Returns | 6.69% | 6.69% |
3 Years Returns | 15.62% | 4.96% |
5 Years Returns | 31.46% | 5.62% |
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.
0.37% as on March 2024
₹432 Cr as on March 2024
7.18% Govt Stock 2033(5.78%), State Bank Of India(5.63%), 7.32% Govt Stock 2030(4.66%), Indian Railway Finance Corporation Limited(3.47%), Bajaj Housing Finance Limited(3.47%) as on March 2024
Corporate(60.18%), Government(35.17%), Cash Equivalent(4.65%) as on March 2024
Yield to Maturity is 7.53 as on March 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 3.25 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 98.83 |
AA | 1.17 |
Anindya Sarkar is the fund manager 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%