Sharpe ratio
-0.10Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+3.29%1Y Absolute Return
-0.10%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Union Corporate Bond Fund - Direct Plan - Growth OptionFund 5Y annualised return | ₹8,42,106 | ₹7,32,612 | ₹1,09,494 | +5.79% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age8.5 yrs
Fund information
Scheme code143241
ISININF582M01DU5
BenchmarkCRISIL Corporate Debt A-II
CategoryDebt Scheme - Corporate Bond Fund
Expense ratio0.41%
Exit loadNil
Minimum SIP₹500 SIP
Return comparison
81st / 165 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +7.49% | — | — |
| 3M | -1.07% | — | — |
| 6M | +5.03% | — | — |
| 1Y | +3.29% | — | +1.25% |
| 3Y | +6.74% | — | +3.56% |
| 5Y | +5.79% | — | +2.78% |
| Since Launch | +6.12% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-0.12Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
1.64%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
1.07How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt94.47%
Cash5.53%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 29 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| MANKIND PHARMA LIMITED SR 3 7.97 NCD 16NV27 FVRS1LAC | Healthcare | Bonds/Debentures | 8.87% |
| BAJAJ HOUSING FINANCE LIMITED 7.08 NCD 12JU30 FVRS1LAC | Financial | Debenture | 7.22% |
| GOVERNMENT OF INDIA 37080 GOI 16FB31 6.36 FV RS 100 | Entities | GOI Securities | 5.86% |
| GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 | Entities | GOI Securities | 5.73% |
| KOTAK MAHINDRA PRIME LIMITED 7.781 NCD 17SP29 FVRS1LAC | Financial | Non Convertible Debenture | 4.42% |
| REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC | Financial | Debenture | 4.37% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 6.74 BD 10JN29 FVRS1LAC | Financial | Debenture | 4.36% |
| GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 | Entities | GOI Securities | 4.1% |
| RELIANCE INDUSTRIES LIMITED SR P 7.79 NCD 10NV33 PPRS50000 | Energy & Utilities | Bonds | 3.01% |
| 7.62% Power Finance Corporation Ltd. 15-Jul-2033 | Financial | Debenture | 2.99% |
Fund management
SH
Shrenuj Parekh
Since 2023 · Prior to joining Union Mutual Fund, Crisil Ltd, Axis Bank and Deloitte
Mr. Parekh has done B.Com and CA
PA
Parijat Agrawal
Since 2018 · Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
AN
Anindya Sarkar
Since 2018 · Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.
Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM
Compare similar funds
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Summary
A moderate-risk debt scheme - corporate bond fund. Recovered from its worst fall in 5 months. Financial makes up 63% — trouble in that sector hits the whole fund.
Strengths
- Recovered from its worst fall in 5 months.
- Same fund manager for 8+ years — the strategy has not chopped and changed.
Weaknesses
- None
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its moderate risk level.
Risk drivers
- Financial makes up 63% — trouble in that sector hits the whole fund.