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Union Corporate Bond Fund - Direct Plan - Growth Option
★★★★★ monitor_heart Health Score: 57/100 · AverageUnion Mutual Fund · Debt · Corporate Bond Fund
₹16.49
AUM: ₹434 Cr
NAV updated about 1 month ago
Plan
Direct
Option
Growth
Risk
Moderate
Expense Ratio
0.41%
Exit Load
Nil
Fund Manager
Parijat Agrawal, Anindya Sarkar
Inception
May 2018
Benchmark
CRISIL Corporate Debt A-II Index
Sharpe Ratio
-1.42
Std Dev (1Y)
1.49%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+1.33%
3m
+1.47%
6m
+2.1%
1y
+4.49%
3y
+7.11%
5y
+5.9%
10y
—
since inception
+6.29%
rate_review TopFund's Take on Union Corporate Bond Fund - Direct Plan - Growth Option
Union Corporate Bond Fund - Direct Plan - Growth Option sits in the middle of the pack for Corporate Bond Fund funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 57/100.
Cost: At 0.41%, the expense ratio runs 24% above the Corporate Bond Fund category average of 0.33%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.42 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.49% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Union Corporate Bond Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Union Corporate Bond Fund - Direct Plan - Growth Option is ₹16.49. NAV is updated every business day after market close by AMFI.
1Y: 4.49% · 3Y CAGR: 7.11% · 5Y CAGR: 5.9%
The expense ratio is 0.41% per annum — the annual fee deducted from your investment to cover fund management costs.
Union Corporate Bond Fund - Direct Plan - Growth Option is managed by Parijat Agrawal, Anindya Sarkar at Union Mutual Fund.
Union Corporate Bond Fund - Direct Plan - Growth Option is a Moderate risk fund. Suitable for investors with a moderate risk appetite.
Union Corporate Bond Fund - Direct Plan - Growth Option is a Corporate Bond Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Union Corporate Bond Fund - Direct Plan - Growth Option is ₹434 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.