Union Corporate Bond Fund Direct Growth

Fund Overview

Fund Size

₹333 Cr

Expense Ratio

0.34%

ISIN

INF582M01DU5

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

31 May 2018

About this fund

Union Corporate Bond Fund Direct Growth is a Corporate Bond mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 8 years, 3 months and 3 days, having been launched on 31-May-18.
As of 02-Sep-26, it has a Net Asset Value (NAV) of ₹16.52, Assets Under Management (AUM) of 333.27 Crores, and an expense ratio of 0.34%.

Union Corporate Bond Fund Direct Growth has given a CAGR return of 6.27% since inception.
The fund's asset allocation comprises around 0.00% in equities, 95.51% in debts, and 3.85% in cash & cash equivalents.
You can start investing in Union Corporate Bond Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+4.78%

+5.03% (Cat Avg.)

3 Years

+7.01%

+6.86% (Cat Avg.)

5 Years

+5.80%

+5.92% (Cat Avg.)

Since Inception

+6.27%

— (Cat Avg.)

Portfolio Summaryas of 15th August 2026

Debt	₹318.31 Cr	95.51%
Others	₹14.96 Cr	4.49%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
6.68% Govt Stock 2040	Bond - Gov't/Treasury	₹29.28 Cr	10.04%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹24.51 Cr	8.40%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹14.99 Cr	5.14%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹14.81 Cr	5.08%
6.9% Govt Stock 2065	Bond - Gov't/Treasury	₹13.96 Cr	4.78%
Reliance Industries Limited	Bond - Corporate Bond	₹10.23 Cr	3.51%
Power Finance Corporation Limited	Bond - Corporate Bond	₹10.13 Cr	3.47%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹10.11 Cr	3.47%
Larsen And Toubro Limited	Bond - Corporate Bond	₹10.09 Cr	3.46%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹10.08 Cr	3.46%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹10.08 Cr	3.45%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹10.07 Cr	3.45%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹10.07 Cr	3.45%
Bajaj Finance Limited	Bond - Corporate Bond	₹10.06 Cr	3.45%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹10.06 Cr	3.45%
Export Import Bank Of India	Bond - Corporate Bond	₹10.05 Cr	3.45%
Power Finance Corporation Limited	Bond - Corporate Bond	₹10.05 Cr	3.45%
Rec Limited	Bond - Corporate Bond	₹10.04 Cr	3.44%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹10.03 Cr	3.44%
Bajaj Finance Limited	Bond - Corporate Bond	₹10.02 Cr	3.44%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹10 Cr	3.43%
Rec Limited	Bond - Corporate Bond	₹9.95 Cr	3.41%
Net Receivable / Payable	Cash - Collateral	₹8.74 Cr	2.99%
Mankind Pharma Limited	Bond - Corporate Bond	₹5.03 Cr	1.72%
Jio Credit Limited	Bond - Corporate Bond	₹4.94 Cr	1.69%
Treps	Cash - Repurchase Agreement	₹2.17 Cr	0.74%
Corporate Debt Mkt Devp. Fund-A2	Mutual Fund - Unspecified	₹1.88 Cr	0.64%
India (Republic of)	Bond - Short-term Government Bills	₹0.31 Cr	0.11%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹235.4 Cr	80.69%
Bond - Gov't/Treasury	₹43.24 Cr	14.82%
Cash - Collateral	₹8.74 Cr	2.99%
Cash - Repurchase Agreement	₹2.17 Cr	0.74%
Mutual Fund - Unspecified	₹1.88 Cr	0.64%
Bond - Short-term Government Bills	₹0.31 Cr	0.11%

Risk & Performance Ratios

Fund Managers

Parijat Agrawal

Since May 2018

Anindya Sarkar

Since November 2018

Shrenuj Parekh

Since July 2023

Additional Scheme Detailsas of 15th August 2026

ISIN

INF582M01DU5

Expense Ratio

0.34%

Exit Load

1.00%

Fund Size

₹333 Cr

Age

8 years 3 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Corporate Bond A-II TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Corporate Bond Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5951.33 Cr	5.7%
SBI Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹22152.85 Cr	5.5%
ICICI Prudential Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹30201.70 Cr	6.2%
SBI Corporate Bond Fund Regular Growth Moderate Risk	0.8%	0.0%	₹22152.85 Cr	5.1%
Nippon India Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹9432.44 Cr	5.8%
Invesco India Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹4221.62 Cr	5.3%
Canara Robeco Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹106.36 Cr	5.3%
Canara Robeco Corporate Bond Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹106.36 Cr	4.7%
Invesco India Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹4221.62 Cr	4.9%
Kotak Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹15170.62 Cr	5.6%
UTI Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹4799.67 Cr	5.2%
UTI Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4799.67 Cr	5.5%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹7747.95 Cr	5.9%
Axis Corporate Debt Fund Regular Growth Moderate Risk	1.0%	0.0%	₹7747.95 Cr	5.3%
HDFC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹30664.22 Cr	5.2%
Aditya BSL Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹23622.84 Cr	5.4%
Baroda BNP Paribas Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹269.54 Cr	6.4%
Sundaram Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹619.65 Cr	5.2%
Franklin India Corporate Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1344.85 Cr	6.6%
Tata Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3238.30 Cr	5.6%
Tata Corporate Bond Fund Regular Growth Moderate Risk	0.8%	0.0%	₹3238.30 Cr	5.0%
PGIM India Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹85.64 Cr	5.4%
Kotak Corporate Bond Fund Regular Growth Moderate Risk	0.7%	0.0%	₹15170.62 Cr	5.2%
Mirae Asset Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹44.29 Cr	5.0%
Mirae Asset Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹44.29 Cr	5.5%
DSP Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2947.71 Cr	6.2%
DSP Corporate Bond Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹2947.71 Cr	5.9%
ICICI Prudential Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹30201.70 Cr	6.0%
Aditya BSL Corporate Bond Fund Regular Growth Moderate Risk	0.4%	0.0%	₹23622.84 Cr	5.2%
HSBC Corporate Bond Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹5951.33 Cr	5.4%
PGIM India Corporate Bond Fund Regular Growth Moderate Risk	1.0%	0.0%	₹85.64 Cr	4.6%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.3%	1.0%	₹333.27 Cr	4.8%
Union Corporate Bond Fund Regular Growth Moderate Risk	0.6%	1.0%	₹333.27 Cr	4.5%
Nippon India Corporate Bond Fund Regular Growth Moderate Risk	0.8%	0.0%	₹9432.44 Cr	5.3%
Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹1344.85 Cr	6.0%
Sundaram Corporate Bond Fund Regular Growth Moderate Risk	0.5%	0.0%	₹619.65 Cr	5.0%
HDFC Corporate Bond Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹30664.22 Cr	4.9%
Bandhan Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹13708.84 Cr	5.7%
Bandhan Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13708.84 Cr	6.1%
Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk	0.4%	0.0%	₹269.54 Cr	6.1%
TrustMF Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹91.29 Cr	5.0%
TrustMF Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹91.29 Cr	4.6%

About the AMC

Union Mutual Fund

+91 022 67483333

https://www.unionmf.com/

Total AUM

₹28,567 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Arthaya Equity Long Short Fund Direct Growth Very High Risk	0.9%	1.0%	-	-
Union Consumption Fund Direct Growth Very High Risk	1.0%	1.0%	₹333.27 Cr	-
Union Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.4%	1.0%	₹195.63 Cr	-
Union Low Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹343.58 Cr	6.0%
Union Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹62.97 Cr	5.2%
Union Gold ETF Fund of Fund Direct Growth High Risk	0.3%	1.0%	₹156.86 Cr	41.6%
Union Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹100.71 Cr	5.3%
Union Active Momentum Fund Direct Growth Very High Risk	0.9%	1.0%	₹493.45 Cr	18.7%
Union Multi Asset Allocation Fund Direct Growth Very High Risk	0.9%	1.0%	₹1072.52 Cr	14.6%
Union Business Cycle Fund Direct Growth Very High Risk	1.0%	1.0%	₹509.93 Cr	8.3%
Union Children's Fund Direct Growth Very High Risk	1.1%	0.0%	₹91.80 Cr	5.6%
Union Innovation & Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1252.51 Cr	14.2%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Low Risk	-	0.0%	₹25.17 Cr	6.0%
Union Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹2401.95 Cr	24.0%
Union Hybrid Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹762.44 Cr	5.4%
Union Medium Duration Fund Direct Growth Moderate Risk	0.6%	1.0%	₹80.25 Cr	8.2%
Union Value Discovery Fund Direct Growth Very High Risk	1.1%	1.0%	₹395.49 Cr	4.1%
Union Multicap Fund Direct Growth Very High Risk	0.8%	1.0%	₹1467.28 Cr	14.0%
Union Balanced Advantage Fund Direct Growth Very High Risk	0.9%	1.0%	₹1238.19 Cr	3.7%
Union Equity Savings Fund Direct Growth Moderately High risk	1.3%	1.0%	₹114.80 Cr	4.5%
Union Arbitrage Fund Direct Growth Low Risk	1.4%	0.0%	₹225.98 Cr	6.6%
Union Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.2%	0.0%	₹861.46 Cr	2.6%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.1%	1.0%	₹64.16 Cr	2.8%
Union Flexi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹2404.14 Cr	5.5%
Union Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹7564.22 Cr	6.5%
Union Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1892.56 Cr	12.0%
Union Gilt Fund Direct Growth Moderate Risk	0.6%	0.0%	₹86.46 Cr	2.9%
Union Largecap Fund Direct Growth Very High Risk	1.3%	1.0%	₹438.06 Cr	0.2%
Union Retirement Fund Direct Growth Very High Risk	1.0%	0.0%	₹209.91 Cr	8.5%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.3%	1.0%	₹333.27 Cr	4.8%
Union Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹612.84 Cr	5.3%
Union Focused Fund Direct Growth Very High Risk	1.3%	1.0%	₹447.82 Cr	9.2%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1072.52 Cr	6.8%
Union Large & Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹982.67 Cr	7.7%

Risk Level

Your principal amount will be at Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of Union Corporate Bond Fund Direct Growth?

The NAV of Union Corporate Bond Fund Direct Growth, as of 02-Sep-2026, is ₹16.52.

What are the returns of Union Corporate Bond Fund Direct Growth?

The fund has generated 4.78% over the last 1 year and 7.01% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Union Corporate Bond Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 95.51% in bonds, and 3.85% in cash and cash equivalents.

Who manages the Union Corporate Bond Fund Direct Growth?

The fund managers responsible for Union Corporate Bond Fund Direct Growth are:-

Parijat Agrawal
Anindya Sarkar
Shrenuj Parekh

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Union Corporate Bond Fund Direct Growth

Fund Overview