UTI Corporate Bond Fund Direct Growth
About the Fund
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.
Key Parameters
- UTI Corporate Bond Fund Direct Growth has ₹3796 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
UTI Corporate Bond Fund Direct Growth has given a CAGR return of 7.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.39%, 5.75% and 6.90% respectively.
Holdings
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, National Bank For Agriculture And Rural Development, Indian Railway Finance Corporation Limited, Power Finance Corporation Ltd.
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: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.
Investment objective of UTI Corporate Bond Fund Direct Growth
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 and lockin period
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.
Fund Overview
| Expense ratio | 0.28% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹3796 Cr |
| Inception Date | 8 August, 2018 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 143.27% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2034 | 22.44% | 0% | |
LIC Housing Finance Limited | 4.61% | 0% | |
National Bank For Agriculture And Rural Development | 4.36% | 0% | |
Indian Railway Finance Corporation Limited | 3.83% | 0% | |
Power Finance Corporation Ltd. | 3.32% | 0% |
Mutual Fund Insights
UTI Corporate Bond Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹3796 Cr
Expense Ratio 0.28%
Frequently Asked Questions
UTI Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.66% | 0.66% |
6 Month Returns | 4.04% | 4.04% |
1 Year Returns | 7.39% | 7.39% |
3 Years Returns | 18.27% | 5.75% |
5 Years Returns | 39.58% | 6.9% |
- 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.
AAA | 100 |