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Union Corporate Bond Fund - Direct Plan Unrated

Value Research
0.04%
Change from previous, NAV as on Aug 23, 2019
Category: Debt: Corporate Bond
Assets: R 331 crore (As on Jul 31, 2019)
Expense: 0.85% (As on Jul 31, 2019)
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Basic Details
Fund House: Union Mutual Fund
Launch Date: May 25, 2018
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Risk Grade: -
Return Grade: -
Type: Open-ended
Investment Details
Return since Launch: 5.19%
Minimum Investment (R) 5,000
Minimum Addl Investment (R) 1,000
Minimum Withdrawal (R) 1,000
Minimum SWP Withdrawal (R) 1,000
Minimum Balance (R) 1
Exit Load (%) 3% for redemption within 90 days
2% for redemption between 91 - 180 days
1% for redemption between 181 - 365 days
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 1.90 2.03 -0.82 4.32 - - -
VR Bond 6.20 -0.00 3.34 10.61 - - -
Category 3.25 1.02 0.01 5.84 - - -
Rank within Category 16 1 18 15 - - -
Number of funds in category 19 21 21 18 - - -
As on Aug 23, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
Union Corporate Bond Fund - Direct Plan Unrated May-2018 4.32 - - 0.85 331
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan Jan-2013 10.53 8.12 8.91 0.27 15,968
Franklin India Corporate Debt Fund - Direct Plan Jan-2013 11.10 9.29 9.66 0.32 951
ICICI Prudential Corporate Bond Fund - Direct Plan Jan-2013 9.91 7.95 8.72 0.25 7,771
Kotak Corporate Bond Fund - Standard Plan - Direct Plan Jan-2013 9.96 8.44 9.61 0.32 2,334
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 19 19 15 54
Modified Duration (yrs) 3.05 3.05 1.64 2.42
Average Maturity (yrs) 4.21 4.21 2.01 3.15
Yield to Maturity (%) 7.72 8.93 7.44 7.64
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  8.65% Reliance Industries 2028 Non Convertible Debenture AAA 0.00 - 7.93 7.93
  8.5% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 7.80 7.80
  8.58% HDFC 2022 Debenture AAA 0.00 - 7.71 7.71
  8.57% REC 2024 Bonds AAA 0.00 - 7.69 7.69
  8.5383% Bajaj Finance 2022 Debenture AAA 0.00 - 7.65 7.65
  7.24% IRFC 2021 Bonds AAA 6.29 - 7.60 7.60
  7.5% Power Finance Corp. 2021 Debenture AAA 6.33 - 7.53 7.53
  8.24% Power Grid Corporation 2029 Debenture AAA 0.00 - 6.46 6.46
  7.89% SIDBI 2022 Non Convertible Debenture AAA 0.00 - 7.56 6.11
  8.37% Nat. Highways Authority 2029 Debenture AAA 0.00 - 4.80 4.80
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jul 31, 2019
News and Analysis
Contact Information

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/ 18002002268 | Fax: 022- 67483400/3401/3402

Email: [email protected]

Website: www.unionmf.com



Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002 | Phone: 180030106767/18004197676 | Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Related Funds 1-Year
Return
Franklin India Corporate Debt Fund - Direct Plan
11.10%
Canara Robeco Corporate Bond Fund - Direct Plan
10.62%
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan
10.53%
Kotak Corporate Bond Fund - Standard Plan - Direct Plan
9.96%
ICICI Prudential Corporate Bond Fund - Direct Plan
9.91%
IDFC Corporate Bond Fund - Direct Plan
9.15%
Reliance Prime Debt Fund - Direct Plan
8.48%
Axis Corporate Debt Fund - Direct Plan
7.34%
BNP Paribas Corporate Bond Fund - Direct Plan
0.64%
Edelweiss Corporate Bond Fund - Direct Plan
-5.39%
As on Aug 23, 2019