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union corporate bond fund direct growth
Union Corporate Bond Fund Direct Growth

Union Corporate Bond Fund Direct Growth

  • Moderate Risk
  • Fixed Income
  • Corporate Bond
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NAV as on Dec 19, 2025
i
Price per unit of the scheme.
₹ 16.03860.01%1 Day Change
-0.01%
Minimum Investment₹1000
Expense Ratio0.39%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
3
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Union Corporate Bond Fund Direct Growth
VS
Fixed Income: Corporate Bond Average NAV
    Topper in Fixed Income: Corporate Bond
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Union Corporate Bond Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    CRISIL Corporate Bond B-III TR INR
    Expense Ratio
    0.39%
    Category Avg Expense Ratio
    0.31%
    Minimum Investment (Lumpsum/SIP)
    ₹ 1000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 571.15 Cr(As on Nov, 2025)
    Inception Date
    May 31, 2018
    Turnover
    - %
    Exit Load
    NIL

    bt_logoABOUT THE FUND

    Objective: 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.

    Union Corporate Bond Fund Direct Growth is an Fixed Income - Corporate Bond fund. The fund was launched inMay 31, 2018. Its risk level is . The NAV of the fund as onDec 19, 2025 is ₹16.04. Its expense ratio is 0.39 %. The fund has an AUM of ₹571.15 Cr.The fund is managed byParijat Agrawal,Anindya Sarkar,Shrenuj Parekh.
    The minimum initial investment is  ₹1000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Parijat Agrawal
    Parijat Agrawal
    i
    Lead Fund Manager.
    May 31, 2018 - Present
    • Fund Manager Rank15Out of 20
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed9
    • Total AUM₹ 10,297.87 Cr
    • Highest Return In 1 Yr8.16 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Dynamic Bond Fund Direct Growth Option
    ₹ 24.58
    0.08%
    0.04%
    Moderate Risk
    ₹104.26Cr
    Union Corporate Bond Fund Direct Growth
    ₹ 16.04
    -0.01%
    -0.02%
    Moderate Risk
    ₹571.15Cr
    Union Liquid Fund Direct Plan Growth Option
    --
    ₹ 2,614.21
    0.47%
    0.38%
    Moderate Risk
    ₹7,051.99Cr
    Union Dynamic Bond Fund Direct Growth Option
    Moderate Risk
    • NAV₹ 24.58
    • Fund Size₹104.26Cr
    Fund Return0.08%
    Category Return0.04%
    Union Corporate Bond Fund Direct Growth
    Moderate Risk
    • NAV₹ 16.04
    • Fund Size₹571.15Cr
    Fund Return-0.01%
    Category Return-0.02%
    Union Liquid Fund Direct Plan Growth Option
    Moderate Risk--
    • NAV₹ 2,614.21
    • Fund Size₹7,051.99Cr
    Fund Return0.47%
    Category Return0.38%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Anindya Sarkar
    Anindya Sarkar
    i
    Lead Fund Manager.
    Nov 1, 2018 - Present
    • Schemes managed3
    • Total AUM₹ 763.10 Cr
    • Highest Return In 1 Yr8.16 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Corporate Bond Fund Direct Growth
    ₹ 16.04
    -0.01%
    -0.02%
    Moderate Risk
    ₹571.15Cr
    Union Medium Duration Fund Direct Growth
    --
    ₹ 12.59
    0.99%
    0.71%
    Moderate Risk
    ₹80.36Cr
    Union Gilt Fund Direct Growth
    --
    ₹ 12.29
    0.40%
    0.10%
    Moderate Risk
    ₹111.58Cr
    Union Corporate Bond Fund Direct Growth
    Moderate Risk
    • NAV₹ 16.04
    • Fund Size₹571.15Cr
    Fund Return-0.01%
    Category Return-0.02%
    Union Medium Duration Fund Direct Growth
    Moderate Risk--
    • NAV₹ 12.59
    • Fund Size₹80.36Cr
    Fund Return0.99%
    Category Return0.71%
    Union Gilt Fund Direct Growth
    Moderate Risk--
    • NAV₹ 12.29
    • Fund Size₹111.58Cr
    Fund Return0.40%
    Category Return0.10%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Shrenuj Parekh
    Shrenuj Parekh
    i
    Lead Fund Manager.
    Jul 14, 2023 - Present
    • Schemes managed1
    • Total AUM₹ 571.15 Cr
    • Highest Return In 1 Yr7.85 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Corporate Bond Fund Direct Growth
    ₹ 16.04
    -0.01%
    -0.02%
    Moderate Risk
    ₹571.15Cr
    Union Corporate Bond Fund Direct Growth
    Moderate Risk
    • NAV₹ 16.04
    • Fund Size₹571.15Cr
    Fund Return-0.01%
    Category Return-0.02%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Nov, 2025
    EQUITY (-%)
    DEBT (95.66%)
    CASH (4.03%)
    Allocation by Market Cap
    Other Cap(0.32%)
    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -0.45
      This Fund
      VS
      -0.46
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      84.87
      This Fund
      VS
      68.53
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      1.56
      This Fund
      VS
      1.46
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.86
      This Fund
      VS
      0.74
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.69
      This Fund
      VS
      1.55
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      1.22
      This Fund
      VS
      1.53
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Union Asset Management Co. Pvt. Ltd.
    Union Asset Management Co. Pvt. Ltd. manages assets worth ₹ 26,836.23 crores. It’s current offering of mutual fund schemes includes 13 equity, 8 debt and 10 hybrid schemes.
    phone icon
    Phone
    +91 022 67483333
    mail icon
    Email
    investorcare@unionmf.com
    aum
    AUM
    ₹ 26,836.23 Cr (
    As on Nov 30, 2025
    )
    location
    Address
    Unit 802, 8th Floor, Tower ‘A’, Mumbai,400013

    bt_logoFAQ's

    What is the category of Union Corporate Bond Fund Direct Growth ?
    The category of Union Corporate Bond Fund Direct Growth is Fixed Income - Corporate Bond
    What is the current NAV of Union Corporate Bond Fund Direct Growth ?
    The current NAV of Union Corporate Bond Fund Direct Growth as on Dec 19, 2025 is ₹16.04
    How safe is Union Corporate Bond Fund Direct Growth ?
    The risk level of Union Corporate Bond Fund Direct Growth is Moderate.
    What are short term returns given by Union Corporate Bond Fund Direct Growth ?
    The return given by Union Corporate Bond Fund Direct Growth in 1 month is -0.01%, 3 months is 1.28%, 6 months is 2.25%, and 1 year is 7.85%
    What are the long term returns given by Union Corporate Bond Fund Direct Growth ?
    The return given by Union Corporate Bond Fund Direct Growth in 3 years is 7.61% and 5 years is 5.75%.
    What is the expense ratio of Union Corporate Bond Fund Direct Growth ?
    The expense ratio of Union Corporate Bond Fund Direct Growth is 0.39%
    What is the AUM of Union Corporate Bond Fund Direct Growth ?
    The assets under Management (AUM) of Union Corporate Bond Fund Direct Growth is Rs 571.15 crores.
    What is the minimum investment in Union Corporate Bond Fund Direct Growth ?
    The minimum Lumpsum investment in Union Corporate Bond Fund Direct Growth is ₹1,000.00 and the minimum SIP investment in Union Corporate Bond Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Union Corporate Bond Fund Direct Growth?
    Union Corporate Bond Fund Direct Growth has an exposure of 95.66% in Debt and 4.03% in Cash & Money Market Securities

    bt_logoCALCULATORS

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