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2 star

UTI Corporate Bond Fund - Direct Plan


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"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

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.58 0.03 0.12 0.46 0.62 2.28 4.00 9.23 -- -- --
VR Bond 2.64 0.01 0.03 0.57 1.35 2.09 3.02 6.34 -- -- --
Debt: Corporate Bond 3.81 0.03 0.14 0.50 0.76 2.36 4.25 8.38 -- -- --
Rank within category 13 13 14 14 14 12 13 2 -- -- --
Number of funds in category 20 21 21 21 21 21 20 17 13 12 0

As on 02-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Corporate Bond Fund - Direct Plan  | Invest Online
2 star
Aug-18 4.00 9.23 -- 0.22% 4,764
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.59 8.89 7.81 0.30% 20,980
ICICI Prudential Corporate Bond Fund - Direct Plan  | Invest Now
5 star
Jan-13 4.92 8.72 7.65 0.27% 20,838
Kotak Corporate Bond Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 4.47 8.22 7.73 0.32% 10,858
Nippon India Corporate Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.31 7.94 7.49 0.22% 4,030

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.75 24-Mar-2020 - 31-Mar-2020 -2.21 12-Mar-2020 - 19-Mar-2020
Month 3.34 24-Mar-2020 - 23-Apr-2020 -2.27 18-Feb-2020 - 19-Mar-2020
Quarter 6.85 13-Apr-2020 - 13-Jul-2020 -0.41 27-Nov-2020 - 26-Feb-2021
Year 13.49 01-Nov-2018 - 01-Nov-2019 3.82 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.91 2.51 2.04 4.14 0.87 3.03
VR Bond 6.20 2.04 1.18 1.59 -- --
Debt: Corporate Bond 8.11 2.50 1.96 3.64 0.64 2.78
Rank within category 2 12 11 8 16 8
Number of funds in category 17 17 17 17 17 17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 80 82 65 89
Modified Duration (yrs) 1.73 2.65 1.58 --
Average Maturity (yrs) 2.29 3.27 1.99 --
Yield to Maturity (%) 5.01 5.26 4.55 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 11/11/2021 Treasury Bills SOV 0.00 - 6.29 6.29
new 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 3.09 3.09
equal 7.89% Gujarat State 15/05/2025 State Development Loan SOV 0.00 - 3.23 2.81
up 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.60 - 2.69 2.69
equal 5.74% REC 20/06/2024 Debenture AAA 0.00 - 3.02 2.64
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 3.22 2.36
equal 5.35% National Housing Bank 2024 Debenture AAA 0.00 - 2.42 2.11
equal 5.27% National Bank Agr. Rur. Devp 29/04/2024 Debenture AAA 0.00 - 2.94 2.10
new HDFC 30/09/2024 Debenture AAA 0.00 - 2.10 2.10
new 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 3.08 2.10
equal 6.09% Power Finance Corporation 27/08/2026 Non Convertible Debenture AAA 0.00 - 2.41 2.09
equal 4.71% HDFC 2023 Non Convertible Debenture AAA 0.00 - 2.39 2.08
equal 7.40% Summit Digitel Infrastructure 28/09/2028 Debenture AAA 0.00 - 2.40 2.08
equal 8.29% Rajasthan State 13/05/2025 State Development Loan SOV 0.00 - 1.96 1.70
equal 8.27% Uttar Pradesh State 13/05/2025 State Development Loan SOV 0.00 - 1.95 1.70
equal 7.25% Larsen & Toubro 24/04/2023 Non Convertible Debenture AAA 1.63 - 3.14 1.63
equal 6.79% Housing & Urban Development Corporation 14/04/2023 Non Convertible Debenture AAA 0.00 - 2.28 1.62
equal 6.55% NTPC 17/04/2023 Debenture AAA 0.00 - 2.21 1.61
equal 5.47% Power Finance Corporation 19/08/2023 Debenture AAA 1.40 - 2.33 1.59
equal 5.11% HDB Financial Services 26/07/2022 Zero Coupon Bonds AAA 0.00 - 1.81 1.58
equal 5.24% SIDBI 26/03/2024 Debenture AAA 0.00 - 1.69 1.47
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 1.24 - 3.82 1.43
equal 6.72% Power Finance Corporation 2023 Debenture AAA 1.40 - 2.38 1.40
equal 8.22% Tamilnadu State 13/05/2025 State Development Loan SOV 0.00 - 1.54 1.13
equal 8.50% Export-Import Bank 26/04/2023 Bonds AAA 0.00 - 1.57 1.10

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Sudhir Agrawal since 23-Jul-2018

Education: Mr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA.

Experience: Prior to joining UTI he has worked with TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.

Interviews:

Funds Managed:

— Sunil Patil since 23-Jul-2018

Education: Mr. Sunil Patil is an M.Com, MFM and CA LLB-I.

Experience: He joined UTI AMC in October 1989. He has overall 31 years of experience in Primary Market Investment / Dealing and Fund Management.

Funds Managed:


0.03%

Change from previous, NAV as on 02-Dec-2021

Growth: ₹ 13.2497

IDCW Yearly: ₹ 11.9255

More

IDCW Quarterly: ₹ 11.6630

IDCW Half Yearly: ₹ 11.5691

Flexi IDCW: ₹ 11.9256


Investment Strategy

The scheme seeks to generate optimal returns by investing predominantly in AA+ and above rated corporate bonds.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 08-Aug-2018
Return Since Launch: 8.84%
Benchmark: CRISIL Corporate Bond Fund
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 4,764 Cr (As on 31-Oct-2021)
Expense: 0.22% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Half Yearly22-Sep-20210.2250

 22-Mar-20210.4000
 23-Sep-20200.2000
 26-Mar-20200.2161
 25-Sep-20190.1441
 25-Mar-20190.1441
IDCW Quarterly22-Sep-20210.1500

 23-Jun-20210.0750
 22-Mar-20210.3000
 21-Dec-20200.1000
 23-Sep-20200.1000
 24-Jun-20200.1000
 26-Dec-20190.0720
 25-Sep-20190.1441
 27-Jun-20190.0720
 25-Mar-20190.0720
 26-Dec-20180.0720
Flexi IDCW22-Mar-20210.6000

 26-Mar-20200.2881
 25-Mar-20190.1441
IDCW Yearly22-Mar-20210.6000

 26-Mar-20200.2881
 25-Mar-20190.1441

Contact Information

AMC: UTI Asset Management Company Ltd

Address: UTI Tower, 'GN' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022- 66786666 / 66786354 / 1800-22-1230

Fax: 022-26523031

Email: [email protected]

Website: http://www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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