Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal
Get the latest NAV of Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹15.82
NAV as on 12 Sep 2025
6.5%/per year
Since Inception
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Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal Performance vs. Corporate Bond Index
Fund returns vs Benchmark returns vs Category Average returns as on (12-Sep-25)
The fund has outperformed the benchmark (Corporate Bond Index) over 1Y, 3Y, but underperformed over 5Y.
Peer comparison
Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal Asset Allocation
See fund asset allocation details as on (14-Aug-25)
Fund Distribution
as on (14-Aug-25)
Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal Sector Allocation
See fund sector allocation details as on (14-Aug-25)
Sector Allocation
Top 2 Sectors in July were Corporate, Government
Corporate
63%
Government
27%
Corporate
61%
Government
29%
Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.41% |
Benchmark | CRISIL Corporate Bond A-II TR INR |
| AUM | ₹525 Cr |
| Inception Date | 31 May, 2018 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 77.77% |
| Risk |   Moderate Risk |
About Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal
Union Corporate Bond Fund Direct Payout 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, Shrenuj Parekh, Parijat Agrawal. This fund is suitable to keep your money safe.
Key Parameters
- Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal has ₹525 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal has given a CAGR return of 6.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.55%, 7.51% and 6.03% respectively.
Holdings
Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Mankind Pharma Limited, Power Grid Corporation Of India Limited, Jio Credit Limited, 6.33% Govt Stock 2035, Jamnagar Utilities & Power Private Limited
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 Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal
To achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities. However, there is no assurance that the Investment Objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal has no lock in period.
Fund Manager
Anindya Sarkar
Fund Manager of Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal, since 1 November 2018
Shrenuj Parekh
Fund Manager of Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal, since 14 July 2023
Parijat Agrawal
Fund Manager of Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal, since 31 May 2018
- AUM of the fund stands at 465.8 Cr as of Jul'25
- AUM increased by 39.5 Cr between Jul'25 and Jun'25
Frequently Asked Questions for Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal
How do I invest in Union Corporate Bond Fund Direct Payout of Income Distribution cum capital withdrawal?
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