October 19, 2026
mayank
Union Corporate Bond Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 16.45 |
| NAV IDCW (Rs.) | 16.45 |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark |
CRISIL Corporate Debt A-II
|
| AUM Rs. | 284 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.34% |
| 1 Year Return (%) | 3.03 |
| 3 Year Return (%) | 6.72 |
| 5 Year Return (%) | 5.70 |
| 10 Year Return (%) | — |
| Return Since Launch | 6.11% |
Suitable For Which Investors?
Corporate Bond funds are suitable for:
1. Debt allocation in your long-term portfolio
2. Earning marginally higher returns than fixed deposits, with low-to-moderate volatility and flexibility to redeem anytime
3. Investment horizon of 2-3 years
Note:
• Unlike FD, there is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
The scheme seeks to achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities.
Fund Manager:
1) Parijat Agrawal
Education: Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience: Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
2) Shrenuj Parekh
Education: Mr. Parekh has done B.Com and CA
Experience: Prior to joining Union Mutual Fund, Crisil Ltd, Axis Bank and Deloitte
3) Anindya Sarkar
Education: Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM
Experience: Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Union Corporate Bond Fund
| Fund House | Union Mutual Fund |
| Launch Date | 25-May-18 |
| Return Since Launch | 6.11% |
| Benchmark | CRISIL Corporate Debt A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | 284 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.34% |
| (As on 30-Sep-2026) | |
| Risk Grade | Above Average |
| Return Grade | Low |
Union Corporate Bond Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Corporate Bond Dir | 2.34 | -0.03 | -0.34 | -0.14 | 1.51 | 3.03 | 6.72 | 5.70 | 6.26 | — |
| Debt: Corporate Bond | 3.30 | -0.02 | -0.11 | 0.40 | 2.19 | 4.14 | 7.05 | 6.14 | 6.57 | — |
| Rank within category | 21 | 19 | 18 | 18 | 21 | 21 | 20 | 19 | 17 | — |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 19 | 18 | 13 |
Peer Comparison of Union Corporate Bond Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Union Corporate Bond Dir | 1 out of 5 stars | 3.03 | 6.72 | 5.70 | 0.34 | 284 | 6.11 | — | 8Y 4M |
| ICICI Pru Corporate Bond Dir | 4 out of 5 stars | 4.48 | 7.13 | 6.62 | 0.32 | 28,385 | 7.96 | — | 13Y 9M |
| Bandhan Corporate Bond Dir | 4 out of 5 stars | 5.00 | 7.09 | 6.07 | 0.30 | 13,512 | 7.23 | — | 10Y 9M |
| Nippon India Corporate Bond Dir | 4 out of 5 stars | 4.19 | 7.37 | 6.68 | 0.31 | 8,907 | 7.78 | — | 13Y 9M |
| Axis Corporate Bond Dir | 4 out of 5 stars | 4.52 | 7.54 | 6.68 | 0.30 | 7,453 | 7.38 | — | 9Y 3M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 21 | 86 |
| Macaulay Duration (yrs) | 3.28 | 2.77 |
| Average Maturity (yrs) | 4.64 | 3.98 |
| Yield to Maturity (%) | 7.58 | 7.67 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
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