₹ 12.0249
NAV (Apr 16)
Neutral
However, Scripbox does not recommend investing in corporate bond mutual funds.
Corporate Bond Funds are mandated to invest a minimum of 80% of total assets in Corporate Bonds of the highest ratings.The category is one of the largest categories within the Debt Segment(9 % of total debt funds assets).We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Track Record
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
Relative Size
336 Cr. Small within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
To achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities. However,there is no assurance that the Investment Objective of the scheme will be achieved.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
1.04 %
Expense Ratio
May 31, 2018
Launched (3y ago)
₹ 336
AUM in Crores
INF582M01DY7
ISIN
No Lock-in
Lock-in
Benchmark
₹ 2,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
Union Asset Management Co. Pvt. Ltd.
Union Asset Management Co. Pvt. Ltd. manages assets worth 5,917 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,30 debt and 16 hybrid funds.
Diversified
Top Ranked
₹ 465 Cr
Fund Size
12.1%
3Y returns
Liquid
Top Ranked
₹ 846 Cr
Fund Size
4.4%
3Y returns
Liquid
Top Ranked
₹ 846 Cr
Fund Size
N/A
3Y returns
Liquid
Top Ranked
₹ 846 Cr
Fund Size
4.1%
3Y returns
Liquid
Top Ranked
₹ 846 Cr
Fund Size
N/A
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Union Corporate Bond Fund (G) is a corporate bond debt fund and has delivered an annualised return of 6.6% over a period of 3 years ..The fund is managed by Union Asset Management Co. Pvt. Ltd..The fund managers are Anindya Sarkar, Parijat Agrawal
To achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities. However,there is no assurance that the Investment Objective of the scheme will be achieved. However, there is no assurance that the objective of the scheme will be realized.
The Union Corporate Bond Fund (G) fund was launched on May 31, 2018. The NAV (Net Asset Value) of this corporate bond debt as of 2021-04-16 is ₹ 12.0249. The total AUM (Asset Under Management) of the fund as of 2021-04-18 is ₹ 335.590. The category risk of the Union Corporate Bond Fund (G) fund is Moderate Risk. The fund charges 1.04 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 83.5% in this asset class. The top three holdings of the fund are power finance corporation limited,reliance industries limited and indian railway finance corporation limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 2000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to .
Union Corporate Bond Fund (G) has a score of 2 on a scale of 5. The fund scores 2 out of 5 based on historical performance. As compared to the other funds in its category, Union Corporate Bond Fund (G) has a score of 2 out of 5. The credit risk of the fund is 3 out of 5 as compared to other debt funds.