1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.99 | 0.04 | 0.32 | 1.10 | 5.17 | 6.87 | 12.28 | -- | -- | -- | -- |
| VR Bond | 5.81 | -0.01 | -0.04 | 0.78 | 2.32 | 5.33 | 7.22 | -- | -- | -- | -- |
| Debt: Corporate Bond | 7.63 | 0.04 | 0.28 | 0.99 | 4.80 | 6.46 | 10.88 | -- | -- | -- | -- |
| Rank within category | 7 | 6 | 3 | 4 | 5 | 6 | 2 | -- | -- | -- | -- |
| Number of funds in category | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 11 | 9 | 8 | 7 |
As on 04-Aug-2020
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Union Corporate Bond Fund - Regular Plan |  |
May-18 | 12.28 | -- | -- | 1.00 | 313 |
| Aditya Birla Sun Life Corporate Bond Fund | Invest Online |  |
Mar-97 | 11.73 | 8.94 | 9.10 | 0.45 | 20,061 |
| HDFC Corporate Bond Fund | Invest Online |  |
Jun-10 | 11.57 | 8.94 | 9.17 | 0.60 | 18,360 |
| ICICI Prudential Corporate Bond Fund | Invest Now | |
Jun-09 | 11.16 | 8.44 | 8.67 | 0.59 | 15,799 |
| Kotak Corporate Bond Fund - Standard Plan | Invest Online | |
Sep-07 | 10.07 | 8.60 | 8.58 | 0.61 | 4,607 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 3.52 (24-Mar-2020 - 31-Mar-2020) | -5.72 (03-Jun-2019 - 10-Jun-2019) |
| Month | 4.33 (24-Mar-2020 - 23-Apr-2020) | -4.82 (31-May-2019 - 01-Jul-2019) |
| Quarter | 7.19 (26-Mar-2020 - 25-Jun-2020) | -4.31 (02-Apr-2019 - 02-Jul-2019) |
| Year | 13.11 (12-Jul-2019 - 13-Jul-2020) | 0.92 (25-Mar-2019 - 24-Mar-2020) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| VR Bond* | 6.81 | 1.95 | 0.81 | 1.77 | -- | -- |
| Debt: Corporate Bond* | 7.25 | 2.85 | 1.10 | 2.20 | 0.60 | 1.07 |
| Rank within category | -- | -- | -- | -- | -- | -- |
| Number of funds in category | -- | -- | -- | -- | -- | -- |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 31-Jul-2020
| Fund | 1Y High | 1Y Low | Category | |
|---|---|---|---|---|
| Number of Securities | 15 | 19 | 13 | 73 |
| Modified Duration (yrs) | 3.28 | 3.33 | 2.54 | 2.74 |
| Average Maturity (yrs) | 4.18 | 4.26 | 3.22 | 3.45 |
| Yield to Maturity (%) | 5.52 | 7.72 | 5.52 | 6.18 |
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| Company | Instrument | Credit Rating | 1Y Range | % Assets | |
|---|---|---|---|---|---|
|
8.30% IRFC 25/03/2029 | Debenture | AAA | 0.00 - 9.30 | 8.87 |
|
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7.70% Nat. Highways Authority 13/09/2029 | Non Convertible Debenture | AAA | 0.00 - 8.67 | 8.45 |
|
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7.42% Power Finance Corp. 19/11/2024 | Non Convertible Debenture | AAA | 0.00 - 8.84 | 8.43 |
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7.35% HDFC 2025 | Debenture | AAA | 0.00 - 8.73 | 8.32 |
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6.55% NTPC 17/04/2023 | Debenture | AAA | 0.00 - 8.37 | 8.32 |
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6.50% National Bank Agr. Rur. Devp 17/04/2023 | Debenture | AAA | 0.00 - 8.34 | 8.27 |
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5.80% National Housing Bank 15/05/2023 | Debenture | AAA | 0.00 - 8.20 | 8.16 |
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6.88% REC 20/03/2025 | Debenture | AAA | 0.00 - 8.62 | 8.15 |
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7.05% Reliance Industries 13/09/2023 | Debenture | AAA | 0.00 - 6.67 | 6.67 |
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7.25% The Ramco Cements 20/12/2021 | Debenture | AA+ | 0.00 - 6.98 | 6.52 |
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7.27% GOI 2026 | GOI Securities | SOV | 0.00 - 3.55 | 3.48 |
|
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8.81% SIDBI 25/01/2022 | Debenture | AAA | 0.00 - 3.46 | 3.41 |
|
Britannia Inds. 28/08/2022 | Non Convertible Debenture | AAA | 0.00 - 3.36 | 3.36 |
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6.39% Indian Oil Corp. 2025 | Debenture | AAA | 0.00 - 3.32 | 3.31 |
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|
Reserve Bank of India 182-D 13/08/2020 | Treasury Bills | SOV | 0.00 - 0.68 | 0.64 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Jun-2020
— Parijat Agrawal since 04-May-2018
Education: Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience: Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Funds Managed:
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The scheme seeks to achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities.
| Minimum Investment (₹) | 5,000 |
| Minimum Addl Investment (₹) | 1,000 |
| Minimum SIP Investment (₹) | 2,000 |
| Minimum No of Cheques | 6 |
| Minimum Withdrawal (₹) | 1,000 |
| Minimum Balance (₹) | 1 |
| Exit Load | 1% for redemption within 15 days |
| Fund House: | Union Mutual Fund |
| Launch Date: | 25-May-2018 |
| Return Since Launch: | 7.63% |
| Benchmark: | CRISIL Corporate Bond Fund |
| Riskometer: | Moderate |
| Type: | Open-ended |
| Assets: | ₹ 313 Cr (As on 30-Jun-2020) |
| Expense: | 1.00% (As on 30-Jun-2020) |
| Risk Grade: | Above Average |
| Return Grade: | Below Average |
AMC: Union Asset Management Company Pvt.Ltd.
Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059
Phone: 022-67483300 / 1800-200-2268
Fax: 022-67483400/3401/3402
Email: [email protected]
Website: http://www.unionmf.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com
Friday, 14-Aug-2020
12:30 PM - 01:00 PM