UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl

Debt
Direct
Corporate Bond
UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl

About the Fund

UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl 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

  1. UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl has ₹3724 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl has given a CAGR return of 5.34% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.40%, 4.31% and 4.69% respectively.

Holdings

UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl 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 Half Yearly Payout Inc Dist cum Cap Wdrl

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 20000.00 and for SIP is INR 500.00. UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.28%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹3724 Cr
Inception Date8 August, 2018
Min Lumpsum/SIP₹20000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
143.27%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Government
48.7%
Corporate
46.2%
Cash Equivalent
5.1%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
21.48%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
4.71%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
4.44%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
3.9%
0%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
3.39%
0%

Anurag Mittal
Anurag Mittal
Fund Manager of UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl, since 1 December 2021

UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.34% since inception which is less than its category average return of 5.53%
AUM size ₹3724 Cr

AUM size ₹3724 Cr

This fund has AUM of ₹3724 Cr which is less than its category average of ₹ 6101 Cr
Expense Ratio 0.28%

Expense Ratio 0.28%

This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions

The current NAV of UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl is ₹13.16 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.67%
0.67%
6 Month Returns
3.87%
3.87%
1 Year Returns
7.4%
7.4%
3 Years Returns
13.48%
4.31%
5 Years Returns
25.78%
4.69%
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.
0.28% as on June 2024
₹3724 Cr as on June 2024
7.1% Govt Stock 2034(21.48%), LIC Housing Finance Limited(4.71%), National Bank For Agriculture And Rural Development(4.44%), Indian Railway Finance Corporation Limited(3.9%), Power Finance Corporation Ltd.(3.39%) as on June 2024
Government(48.68%), Corporate(46.2%), Cash Equivalent(5.11%) as on June 2024
Yield to Maturity is 7.53 as on June 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 3.2 as on June 2024. 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 Half Yearly Payout Inc Dist cum Cap Wdrl
The Exit load of UTI Corporate Bond Fund Direct Half Yearly Payout Inc Dist cum Cap Wdrl is 0%