Union Corporate Bond Fund
- NAV as on 25 Sep 2026
- ₹16.08-0.07%1 day
- Return since launch
- 5.8%
- 52-week range
- ₹15.50 — ₹16.18
- AUM
- ₹289 Cr
Union Corporate Bond Fund is a Corporate Bond debt fund from Union Mutual Fund with ₹289 Cr under management, launched in 2018. Over three years it has returned 5.7% a year, against 6.8% for its category. The expense ratio is 0.73% and the SEBI riskometer reading is Moderate.
Performance
Union Corporate Bond Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.8% against +4.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.5% | −1.1 pts | 4.6% | 4.5% |
| 2Y | 4.7% | −0.6 pts | 5.3% | 5.3% |
| 3Y | 5.7% | −1.0 pts | 6.8% | 6.2% |
| 5Y | 6.0% | +0.2 pts | 5.8% | 6.4% |
| 7Y | 5.8% | −0.4 pts | 6.2% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.2% | −0.2 pts | 0.0% | 0.0% |
| 3M | 0.1% | −0.4 pts | 0.5% | 0.5% |
| 6M | 2.6% | −0.4 pts | 3.0% | 2.9% |
| 1Y | 3.8% | −0.8 pts | 4.6% | 4.6% |
| 2Y | 5.8% | −0.3 pts | 6.1% | 6.2% |
| 3Y | 6.5% | −0.2 pts | 6.8% | 6.8% |
| 5Y | 5.5% | −0.4 pts | 5.8% | 5.8% |
| 7Y | 6.1% | −0.4 pts | 6.4% | 6.4% |
Since launch (4 May 2018): 5.8%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.6% | −0.4 pts | 8.0% |
| 2024 | 7.9% | −0.4 pts | 8.4% |
| 2023 | 6.4% | −0.7 pts | 7.2% |
| 2022 | 2.4% | −1.1 pts | 3.5% |
| 2021 | 2.9% | −1.1 pts | 4.0% |
| 2020 | 10.7% | −0.3 pts | 11.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.73%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.61%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.11%
- Exit load
- Exit load of 1%, if redeemed within 15 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Corporate Debt A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.46 | 0.98 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.73 | 1.65 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.78 | 1.35 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Union Corporate Bond Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt88.0%
- Other12.0%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 12.67% | ₹36.62 Cr | +1.29% | +0.93% | +1.02% |
| Bajaj Housing Finance Ltd. | Financial | 8.38% | ₹24.22 Cr | +5.57% | +4.20% | +1.90% |
| Indian Railway Finance Corporation Ltd. | Financial | 6.93% | ₹20.03 Cr | +4.58% | +3.44% | +3.88% |
| Bajaj Finance Ltd. | Financial | 6.90% | ₹19.97 Cr | +4.58% | +3.44% | +3.88% |
| LIC Housing Finance Ltd. | Financial | 6.89% | ₹19.94 Cr | +4.58% | +3.44% | +3.88% |
| Kotak Mahindra Prime Ltd. | Financial | 5.16% | ₹14.92 Cr | +3.42% | +2.58% | +2.91% |
| Small Industries Devp. Bank of India Ltd. | Financial | 5.09% | ₹14.70 Cr | +3.37% | +1.72% | +1.94% |
| Reliance Industries Ltd. | Energy | 3.50% | ₹10.11 Cr | +2.31% | +1.75% | +1.98% |
| Larsen & Toubro Ltd. | Construction | 3.47% | ₹10.04 Cr | +2.30% | +1.73% | +1.95% |
| REC Ltd. | Financial | 3.47% | ₹10.03 Cr | +2.30% | +1.73% | +1.95% |
| Export-Import Bank Of India | Financial | 3.46% | ₹9.99 Cr | +2.29% | +1.72% | +1.93% |
| National Bank For Agriculture & Rural Development | Financial | 3.45% | ₹9.98 Cr | +2.29% | +1.73% | +1.95% |
| Power Finance Corporation Ltd. | Financial | 3.44% | ₹9.96 Cr | +2.28% | +1.73% | +1.96% |
| GOI | Sovereign | 3.33% | ₹9.63 Cr | +3.11% | +0.87% | +0.98% |
| Mankind Pharma Ltd. | Healthcare | 1.73% | ₹5.01 Cr | +6.90% | +5.16% | +4.84% |
| Jio Credit Ltd. | Financial | 1.70% | ₹4.93 Cr | +1.13% | +0.84% | +4.74% |
| Reserve Bank of India | Financial | 0.11% | ₹0.31 Cr | +0.07% | +0.05% | +0.06% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GOI | 4.69% | 3.33% | -1.36% |
| Kotak Mahindra Prime Ltd. | 5.12% | 5.16% | +0.04% |
| Small Industries Devp. Bank of India Ltd. | 5.05% | 5.09% | +0.04% |
| Bajaj Finance Ltd. | 3.42% | 3.45% | +0.03% |
| Larsen & Toubro Ltd. | 3.44% | 3.47% | +0.03% |
| REC Ltd. | 3.44% | 3.47% | +0.03% |
| Export-Import Bank Of India | 3.43% | 3.46% | +0.03% |
| LIC Housing Finance Ltd. | 3.43% | 3.46% | +0.03% |
| Indian Railway Finance Corporation Ltd. | 3.44% | 3.46% | +0.02% |
| Jio Credit Ltd. | 1.68% | 1.70% | +0.02% |
| Power Finance Corporation Ltd. | 3.46% | 3.44% | -0.02% |
| National Bank For Agriculture & Rural Development | 3.44% | 3.45% | +0.01% |
| Mankind Pharma Ltd. | 1.72% | 1.73% | +0.01% |
| Others | 0.64% | 0.65% | +0.01% |
| Reliance Industries Ltd. | 3.49% | 3.50% | +0.01% |
| Bajaj Housing Finance Ltd. | 8.38% | 8.38% | 0.00% |
| Reserve Bank of India | 0.11% | 0.11% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹10,492 Cr | 0.58% | 5.4% | 6.6% | 6.7% |
 ICICI Prudential Corporate Bond Fund | ₹29,688 Cr | 0.60% | 5.0% | 6.6% | 6.9% |
 Bandhan Corporate Bond Fund | ₹13,626 Cr | 0.68% | 5.4% | 6.4% | 6.5% |
 HSBC Corporate Bond Fund | ₹6,058 Cr | 0.60% | 4.7% | 6.4% | 6.5% |
 DSP Corporate Bond Fund | ₹2,816 Cr | 0.53% | 6.0% | 6.8% | 6.7% |
 Baroda BNP Paribas Corporate Bond Fund | ₹275 Cr | 0.50% | 5.6% | 6.9% | 6.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities.
Fund managers
- Anindya SarkarMr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRMPrior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.
- Parijat AgrawalMr. Agrawal is a B.Tech and MBA from IIM Bangalore.Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
- Shrenuj ParekhMr. Parekh has done B.Com and CAPrior to joining Union Mutual Fund, Crisil Ltd, Axis Bank and Deloitte
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.58% absolute | ₹60,000 | ₹61,548 | 2.58% | |
| 1 year3.77% annualised | ₹1,20,000 | ₹1,22,479 | 2.07% | |
| 3 years6.54% annualised | ₹3,60,000 | ₹3,98,716 | 10.75% | |
| 5 years5.46% annualised | ₹6,00,000 | ₹6,91,234 | 15.21% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.