3 Year return
5.62%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderate Risk
Asset Under Management
₹289.73 Cr.
Expense Ratio
0.38% (inclusive of GST)
Exit Load
1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Union Mutual Fund Managers
PA
Parijat Agrawal
Fund Manager since Jul 2022
Fund House Details
Union Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Axis Corporate Debt Fund |
6.55% |
4.5 |
Aditya Birla Sun Life Corporate Bond Fund |
6.49% |
5 |
ICICI Prudential Corporate Bond Fund |
6.63% |
5 |
Schemes by Union Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Union Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Union Arbitrage Fund Direct Plan IDCW Payout
About Union Corporate Bond Fund Direct Plan Growth
Union Corporate Bond Fund Direct Plan Growth is a debt fund managed by Union Mutual Fund. It invests in a portfolio of corporate bonds, which are fixed-income securities issued by companies. The fund aims to generate income by investing in these bonds.
Investment Objectives of the Scheme
The key investment objectives of the Union Corporate Bond Fund Direct Plan Growth are to: -Generate returns by investing in a portfolio of corporate bonds. -Preserve capital by investing in a diversified portfolio of corporate bonds.
Key Features of The Fund
5-year return | 6.46% |
Expense Ratio | 0.38% |
Fund Manager | Parijat Agrawal |
Fund Size | ₹289.73 Cr |
Risk Profile | Moderate |
Is This Scheme Right for Me?
The Union Corporate Bond Fund Direct Plan Growth is a good option for investors who are looking for a regular income with a low-to-moderate risk appetite. The fund invests in corporate bonds, which are considered to be less risky than equity investments. However, it is important to note that all debt investments carry some risk of default. Investors should carefully consider their investment goals, risk tolerance, and investment horizon before investing in this fund. It is always advisable to consult with a financial advisor before investing in any mutual fund.
AMC Contact Details
Name | Union Mutual Fund |
Launch Date | 23rd March 2011 |
Addresss | Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059 |
Contact | (022) 6748 3300 |
investorcare@unionmf.com | |
Website | https://www.unionmf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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What is the minimum SIP amount to invest in Union Corporate Bond Fund?
How do I invest in Union Corporate Bond Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Union Corporate Bond Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Union Corporate Bond Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Union Corporate Bond Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.