UTI Corporate Bond Fund Direct Growth
NAV as on 09-05-2025
₹ 16.61
Inception Returns
7.8%
/yr
Historical NAV & Returns
Absolute
▲
▼
84 people have invested ₹ 13.2L in UTI Corporate Bond Fund Direct Growth in the last three months
About UTI Corporate Bond Fund Direct Growth
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 ₹5007 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 7.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.60%, 7.71% and 6.85% respectively.
Holdings
UTI Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 6.79% Govt Stock 2034, 7.1% Govt Stock 2034, LIC Housing Finance Limited, Export-Import Bank Of India, National Bank For Agriculture And Rural Development
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:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.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.
UTI Corporate Bond Fund Direct Growth Overview
| Expense ratio | 0.29% |
Benchmark | NIFTY Corporate Bond A-II TR INR |
| AUM | ₹5007 Cr |
| Inception Date | 8 August, 2018 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 131.09% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (09-May-25)
Fund Distribution
as on (31-Dec-69)
AAA
100%
Sector Allocation
Corporate
52.2%
Government
44.8%
Cash Equivalent
3.1%
All changes are between Oct'69 and Dec'69
- AUM of the fund stands at 5K Cr as of Mar'25
- AUM increased by 159.1 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Indian Oil Corporation Limited's allocation increased from 0.53% to 2.25%
Small Industries Development Bank Of India's allocation increased from 0.62% to 2.14%
Small Industries Development Bank Of India's allocation increased from 0.21% to 1.61%
Top Stocks sold last month
LIC Housing Finance Limited's allocation decreased from 5.26 % to 3.76 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 3.53 %
LIC Housing Finance Limited's allocation decreased from 5.26 % to 2.13 %
Cash allocation has gone down from 7% to 3.1%
Debt allocation has gone up from 92.8% to 96.7%
Top 2 Sectors in March were Corporate, Government
Mar'25
Corporate
52%
Government
45%
Feb'25
Corporate
49%
Government
44%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 6.79% Govt Stock 2034 | 15.85% | 13.2% | |
7.1% Govt Stock 2034 | 7.51% | 0% | |
LIC Housing Finance Limited | 3.52% | 0% | |
Export-Import Bank Of India | 3.49% | 0% | |
National Bank For Agriculture And Rural Development | 3.28% | 0% | |
National Bank For Agriculture And Rural Development | 2.98% | 0% | |
Indian Oil Corporation Limited | 2.1% | 0% | |
Power Finance Corporation Ltd. | 2% | 0% | |
LIC Housing Finance Limited | 1.99% | 0% | |
Small Industries Development Bank Of India | 1.99% | 0% | |
Bajaj Finance Ltd. | 1.59% | 60% | |
Rural Electrification Corporation Limited | 1.53% | 0% | |
7.26% Ntpc Limited | 1.52% | 0% | |
Indian Railway Finance Corporation Limited | 1.51% | 0% | |
Indian Railway Finance Corporation Limited | 1.5% | 0% | |
Rec Limited | 1.49% | 0% | |
Small Industries Development Bank Of India | 1.49% | 0% | |
Small Industries Development Bank Of India | 1.49% | 0% | |
Summit Digitel Infrastructure Limited | 1.48% | 0% | |
Kotak Mahindra Prime Limited | 1.48% | 0% | |
Hdb Financial Services Limited | 1.45% | 0% | |
INDIA UNIVERSAL TRUST AL1 | 1.43% | 0% | |
7.18% Govt Stock 2037 | 1.25% | 0% | |
Power Finance Corporation Limited | 1.2% | 0% | |
Power Finance Corporation Limited | 1.02% | 0% | |
7.4% Power Finance Corporation Limited** | 1.01% | 100% | |
Indian Oil Corporation Limited | 1% | 100% | |
Rural Electrification Corporation Limited | 1% | 0% | |
Kotak Mahindra Prime Limited | 1% | 0% | |
Indian Railway Finance Corporation Limited | 1% | 0% | |
Small Industries Development Bank Of India | 1% | 100% | |
Power Finance Corporation Ltd. | 1% | 0% | |
Bajaj Finance Limited | 1% | 0% | |
8.098% Tata Capital Limited (23/09/2027) ** | 1% | 0% | |
Export-Import Bank Of India | 1% | 0% | |
Ncd Small Industries Development Bank Of India | 1% | 0% | |
Small Industries Development Bank Of India | 1% | 0% | |
Rural Electrification Corporation Limited | 0.99% | 0% | |
Aditya Birla Housing Finance Limited | 0.99% | 0% | |
Bajaj Finance Limited | 0.99% | 100% | |
Export-Import Bank of India | 0.99% | 100% | |
Rural Electrification Corporation Limited | 0.99% | 0% | |
LIC Housing Finance Limited | 0.99% | 0% | |
Kotak Mahindra Prime Limited | 0.98% | 0% | |
Small Industries Development Bank Of India | 0.98% | 0% | |
LIC Housing Finance Ltd | 0.97% | 0% | |
National Bank For Agriculture And Rural Development | 0.7% | 0% | |
Indian Railway Finance Corporation Limited | 0.59% | 0% | |
Export-Import Bank of India | 0.5% | 0% | |
Power Finance Corporation Limited | 0.5% | 0% | |
National Bank For Agriculture And Rural Development | 0.5% | 0% | |
Kotak Mahindra Prime Limited | 0.5% | 0% | |
Rec Limited | 0.5% | 0% | |
National Housing Bank | 0.5% | 0% | |
Export Import Bank Of India | 0.49% | 0% | |
Power Finance Corporation Ltd. | 0.49% | 0% | |
LIC Housing Finance Limited | 0.49% | 0% | |
Export Import Bank Of India | 0.49% | 0% | |
Indian Oil Corporation Limited | 0.49% | 0% | |
Indian Oil Corporation Limited | 0.49% | 0% | |
Power Finance Corporation Ltd. | 0.49% | 0% | |
Power Grid Corporation Of India Limited | 0.4% | 100% | |
Goi Strips - Mat 160627 | 0.35% | 0% | |
Export Import Bank Of India | 0.29% | 0% | |
CORPORATE DEBT MARKET DEVT FUND - A2 UNITS | 0.25% | 0% | |
7.17% State Government Securities | 0.22% | 0% | |
Export Import Bank Of India | 0.2% | 0% | |
Reserve Bank Of India | 0.18% | 0% | |
Reserve Bank Of India | 0.15% | 100% | |
7.81% Govt Stock 2033 | 0.01% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
UTI Corporate Bond Fund Direct Growth | 9.6% | 7.71% | 6.85% | 7.8% |
 Franklin India Corporate Debt Direct Growth | 10.43% | 7.91% | 7.2% | 8.5% |
 Axis Corporate Bond Fund Direct Growth | 10.06% | 8.16% | 7.56% | 7.72% |
 Nippon India Corporate Bond Fund Direct Plan Growth Plan | 10.06% | 8.29% | 7.45% | 8.09% |
 Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth | 9.87% | 8.14% | 7.23% | 8.31% |
 SBI Corporate Bond Fund Direct Growth | 9.74% | 7.72% | 6.68% | 7.6% |
 HDFC Corporate Bond Fund -Direct Plan - Growth Option | 9.67% | 8.11% | 7.13% | 8.21% |
 Mirae Asset Corporate Bond Fund Direct Growth | 9.65% | 7.6% | - | 6.35% |
 ICICI Prudential Corporate Bond Fund Direct Plan Growth | 9.24% | 8.13% | 7.23% | 8.27% |
 Canara Robeco Corporate Bond Fund Direct Growth | 8.88% | 7.28% | 6.35% | 7.73% |
 DSP Corporate Bond Direct Growth | 8.75% | 7.58% | 6.09% | 7.37% |
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Anurag Mittal
Fund Manager of UTI Corporate Bond Fund Direct Growth, since 1 December 2021
Top funds managed
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.21L Cr
as on 31-Mar-2025
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
pms_care@uti.co.in
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.29% which is lower than the category average expense ratio of 0.5%.
Over the last 3 months, this fund has experienced a 4.8% growth in AUM moving from 4.77K Cr to 5.00K Cr.
In the last 1 year, Axis Corporate Bond Fund Direct Growth has given 10.06% return, outperforming this fund by 0.46%.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 8.29% return, outperforming this fund by 0.58% per annum.
Over the last 3 months, this fund has increased expense ratio by 3.6% moving from 0.28 to 0.29.
In the last 5 years, Axis Corporate Bond Fund Direct Growth has given 7.56% return, outperforming this fund by 0.71% per annum.
UTI Corporate Bond Fund Direct Growth 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 7.8% since inception which is more than its category average return of 6.46%
AUM size ₹5007 Cr
This fund has AUM of ₹5007 Cr which is less than its category average of ₹ 7976 Cr
Expense Ratio 0.29%
This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.51%
More funds from UTI
1Y CAGR
▲ 10.78
5Y CAGR
▲ 9.54
5Y CAGR
▲ 5.95
Frequently Asked Questions for UTI Corporate Bond Fund Direct Growth
The current NAV of UTI Corporate Bond Fund Direct Growth is ₹16.61 as on 09-May-2025.
Existing (Absolute + CAGR) as on 09-May-2025.
UTI Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.77% | 0.77% |
6 Month Returns | 4.92% | 4.92% |
1 Year Returns | 9.6% | 9.6% |
3 Years Returns | 24.97% | 7.71% |
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.
0.29% as on April 2025
₹5007 Cr as on April 2025
6.79% Govt Stock 2034(15.85%), 7.1% Govt Stock 2034(7.51%), LIC Housing Finance Limited(3.52%), Export-Import Bank Of India(3.49%), National Bank For Agriculture And Rural Development(3.28%) as on April 2025
Corporate(52.23%), Government(44.26%), Cash Equivalent(3.51%) as on April 2025
Yield to Maturity is 7.16 as on April 2025. 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 3.77 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Anurag Mittal is the fund manager of UTI Corporate Bond Fund Direct Growth
The Exit load of UTI Corporate Bond Fund Direct Growth is 0%