Union Corporate Bond Fund

Q: What are the returns of this mutual fund scheme?

The Union Corporate Bond Fund is a 7 yrs 8 m old fund and has delivered average annual returns of 5.98% since inception. Union Corporate Bond Fund Returns 1-Year 3-Year 5-Year Since Inception 6.49% 7.0% 5.58% 5.98%

Q: How much does this mutual fund charge as expense ratio?

The Union Corporate Bond Fund has an expense ratio of 0.68% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.6508-0.08% 1 day change	5.98% p.a.	App exclusive #NA View Ranked Funds	₹607 Cr

Historical NAV & returns

NAV: ₹15.6508 as on Feb 02, 2026

This fund Category average

Union Corporate Bond Fund overview

AUM (Fund size)	₹607 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
Lock-in Period	Nil
Age	7 yrs 8 m since May 04, 2018
Benchmark	CRISIL Corporate Debt A-II
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.68% as on Feb 02, 2026
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Union Corporate Bond Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-0.26%	-0.05%
3 Months	0.13%	0.49%
6 Months	1.17%	1.92%
1 Year	6.49%	7.04%
2 Years	7.18%	7.47%
3 Years	7.0%	7.32%
4 Years	6.01%	6.42%
5 Years	5.58%	5.96%
7 Years	5.91%	7.0%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 82.27%

SOV 12.93%

AA+ 5.0%

Others 0.3%

Top Debt Holdings

GOI 12.88%

National Bank For Agriculture & Rural Development 5.85%

Power Finance Corporation Ltd. 5.8%

Small Industries Devp. Bank of India Ltd. 5.0%

Allocation by Instruments

Debenture 40.6%

Bonds 17.57%

GOI Securities 12.879999999999999%

Non Convertible Debenture 11.629999999999999%

Other Holdings

Others 0.3%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Corporate Bond Fund	-0.26%	1.17%	6.49%	7.0%	5.58%	N.A.
ICICI Prudential Corporate Bond Fund	0.02%	2.14%	7.22%	7.66%	6.45%	7.42%
Nippon India Corporate Bond Fund	-0.02%	1.49%	6.87%	7.5%	6.51%	7.15%
Franklin India Corporate Debt Fund	0.13%	2.25%	8.59%	7.58%	6.13%	7.23%
Kotak Corporate Bond Fund	-0.06%	1.74%	6.92%	7.45%	6.16%	7.24%
UTI Corporate Bond Fund	-0.07%	1.68%	6.83%	7.28%	5.98%	5.36%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Corporate Bond Fund	1.34	0.67	0.54	0.85
ICICI Prudential Corporate Bond Fund	0.87	0.41	1.54	2.18
Nippon India Corporate Bond Fund	1.33	0.69	0.89	1.38
Franklin India Corporate Debt Fund	1.36	0.53	0.92	2.28
Kotak Corporate Bond Fund	1.18	0.6	0.96	1.47
UTI Corporate Bond Fund	1.19	0.6	0.81	1.37

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Corporate Bond Fund	N.A.	607 Cr	7 yrs 8 m	0.68%
ICICI Prudential Corporate Bond Fund	N.A.	33,871 Cr	16 yrs 7 m	0.57%
Nippon India Corporate Bond Fund	N.A.	10,431 Cr	25 yrs 5 m	0.78%
Franklin India Corporate Debt Fund	N.A.	1,338 Cr	28 yrs 8 m	0.71%
Kotak Corporate Bond Fund	N.A.	18,841 Cr	18 yrs 4 m	0.7%
UTI Corporate Bond Fund	N.A.	5,421 Cr	7 yrs 6 m	0.58%

View all Corporate Bond funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.46 vs. 2.79 Underperformed at beating benchmark
Sharpe	0.54 vs. 3.12 Poor risk-adjusted returns
Beta	0.67 vs. 0.74 Less sensitive to market ups & downs
Standard deviation	1.34 vs. 1.24 More volatile performance

Compare Union Corporate Bond Fund in detail with

About this fund

About Union Corporate Bond Fund

Union Corporate Bond Fund is a Corporate Bond mutual fund scheme from Union Mutual Fund. This fund has been in existence for 7 yrs 8 m, having been launched on 04/05/2018. Union Corporate Bond Fund has ₹607 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Corporate Bond Fund as of 02/02/2026 is ₹15.65. The fund has an expense ratio of 0.68%, which is higher than what most other Corporate Bond funds charge.

Union Corporate Bond Fund returns of last 1-year are 6.57%. Since launch, it has delivered 5.99% average annual returns.
Union Corporate Bond Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, National Bank For Agriculture & Rural Development, Power Finance Corporation Ltd., Small Industries Devp. Bank of India Ltd., Mankind Pharma Ltd..

...

Fund AUM	607 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Parijat Agrawal

Mr. 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.

Anindya Sarkar

Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.

Shrenuj Parekh

Mr. Parekh has done B.Com and CA Prior to joining Union Mutual Fund, Crisil Ltd, Axis Bank and Deloitte

Investment objective

The scheme seeks to achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities.

Union Mutual Fund details

No. of schemes	29 view all schemes
Total AUM	25,989 Cr as on Dec 31, 2025
Address	Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai, 400059
Email	investorcare@unionmf.com
Phone	(022) 6748 3300

More funds from Union Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Union Liquid Fund	N.A.	5,729 Cr	6.35%	6.94%
Union Money Market Fund	N.A.	120 Cr	6.32%	6.43%
Union Overnight Fund	N.A.	438 Cr	5.56%	6.26%
Union Dynamic Bond Fund	N.A.	103 Cr	1.95%	5.6%
Union Gilt Fund	N.A.	107 Cr	0.88%	5.32%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Union Corporate Bond Fund?

The current Net Asset Value (NAV) of the Union Corporate Bond Fund plan is approximately ₹15.6508 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Union Corporate Bond Fund is a 7 yrs 8 m old fund and has delivered average annual returns of 5.98% since inception.

Union Corporate Bond Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.49%	7.0%	5.58%	5.98%

How much does this mutual fund charge as expense ratio?

The Union Corporate Bond Fund has an expense ratio of 0.68%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Union Corporate Bond Fund currently has assets under management (AUM) or fund size valued at approximately 607 Cr as on Dec 31, 2025.

To whom does Union Corporate Bond Fund lend to?

The top 3 debt holdings of Union Corporate Bond Fund are as follows

Holding Name	Percentage of Portfolio
GOI	12.88%
National Bank For Agriculture & Rural Development	5.85%
Power Finance Corporation Ltd.	5.8%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Union Corporate Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	82.27%
SOV	12.93%
AA+	5.0%

What is risk level of Union Corporate Bond Fund?

This is a Corporate Bond fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Union Corporate Bond Fund?

Redeeming your investments in the Union Corporate Bond Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Corporate Bond

#NA

Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 15 days.