3 Year return

5.66%
Launched on July 2018 (6 years)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹3856.33 Cr.

Expense Ratio

0.28% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
2.5

Ratings by other agencies

3
3
0

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

UTI Mutual Fund Managers

AM

Anurag Mittal

Fund Manager since Dec 2021

View Details

Fund House Details

UTI Mutual Fund

UTI Mutual Fund Asset management company

AUM ₹290,993.03 Cr.
No. of Schemes 250
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by UTI Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
19.35%
scheme logo

Hybrid . Aggressive Hybrid Fund

UTI Aggressive Hybrid Fund Direct Plan Growth

19.34%
6.28%

About UTI Corporate Bond Fund Direct Plan Growth

UTI Corporate Bond Fund Direct Plan Growth is a debt mutual fund that invests primarily in high-quality corporate bonds. It aims to generate income by investing in a diversified portfolio of corporate bonds with a focus on credit quality. The fund has a duration of 3-5 years, which means that it is expected to generate returns that are more stable than equity funds, but with lower volatility than money market funds. UTI Corporate Bond Fund Direct Plan Growth is an open-ended fund. The expense ratio of UTI Corporate Bond Fund Direct Plan Growth is lower than the category average.

Investment Objectives of the Scheme

The investment objective of UTI Corporate Bond Fund Direct Plan Growth is to generate income by investing in a diversified portfolio of high-quality corporate bonds. The fund aims to achieve this objective by investing in a mix of government securities, high-rated corporate bonds, and low-rated corporate bonds. The fund's portfolio is managed by a team of experienced investment professionals who have a proven track record of managing debt funds.

Key Features of The Fund

5-year return 7.13%
Expense Ratio 0.28%
Fund Manager Anurag Mittal
Fund Size ₹3856.33 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

UTI Corporate Bond Fund Direct Plan Growth is suitable for investors who are looking for a relatively stable investment with the potential to generate income. The fund is also suitable for investors who have a medium to long-term investment horizon.

AMC Contact Details

Name UTI Mutual Fund
Launch Date January 2003
Addresss First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049.
Contact 1800 266 1230 (+91) 022 6227 8000 022 – 68990800
Email service@uti.co.in
Website https://www.utimf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Invest Smart, Start Your SIP Today

Take control of your financial future by using our systematic investment plan calculator. All you have to do is input your desired investment amount and time horizon into our SIP calculator. Witness firsthand the potential growth of your investments as you tailor your strategy to match your unique financial objectives. With a personalised approach, you can ensure steady wealth accumulation over time, bringing you closer to your financial goals.

FAQs

What is today's NAV of UTI Corporate Bond Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of UTI Corporate Bond Fund Jun 20 2024 is 15.3121

What is the AUM of UTI Corporate Bond Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of UTI Corporate Bond Fund is 3856.33 crore.

What is the expense ratio of UTI Corporate Bond Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of UTI Corporate Bond Fund is 0.28%

What are the returns of UTI Corporate Bond Fund since inception?

The UTI Corporate Bond Fund was launched on Jul 23 2018. The fund has delivered a CAGR of 7.53 since inception.

What is the minimum SIP amount to invest in UTI Corporate Bond Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for UTI Corporate Bond Fund is 500.

How do I invest in UTI Corporate Bond Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in UTI Corporate Bond Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in UTI Corporate Bond Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in UTI Corporate Bond Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.