Debt
Direct
Corporate Bond
NAV as on 04-10-2024
₹ 15.72
Inception Returns
7.6%
/yr
UTI Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 8 August, 2018. The fund is managed by Anurag Mittal. This fund is suitable to keep your money safe.
UTI Corporate Bond Fund Direct Growth has given a CAGR return of 7.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.36%, 6.08% and 7.00% respectively.
UTI Corporate Bond Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, LIC Housing Finance Limited, Export-Import Bank of India, National Bank For Agriculture And Rural Development, Indian Railway Finance Corporation Limited
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:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
The investment objective of the scheme is to generate optimal returns by investing predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objective of the scheme will be realized. The Scheme does not guarantee / indicate any returns.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. UTI Corporate Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.29% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹3999 Cr |
Inception Date | 8 August, 2018 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 131.09% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (04-Oct-24)
as on (31-Dec-69)
Top 2 Sectors in August were Government, Corporate
UTI Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.92% | 0.92% |
6 Month Returns | 4.33% | 4.33% |
1 Year Returns | 8.36% | 8.36% |
3 Years Returns | 19.38% | 6.08% |
5 Years Returns | 40.28% | 7% |
AAA | 100 |