Nippon India Corporate Bond Fund vs UTI - Corporate Bond Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Corporate Bond Fund and UTI - Corporate Bond Fund are both Corporate Bond funds. In the 3 years to 30-10-2026, Nippon India Corporate Bond Fund (Direct) returned 7.3% a year and UTI - Corporate Bond Fund (Direct) returned 7.1% a year. Nippon India Corporate Bond Fund charges 0.37% a year and UTI - Corporate Bond Fund 0.32% (Direct plans). Their portfolios overlap 12.3%: they hold 13 of the same securities.
Nippon India Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.3%
- Expense ratio
- 0.37%
- NAV
- ₹67.03
UTI - Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.1%
- Expense ratio
- 0.32%
- NAV
- ₹17.85
Which is better, Nippon India Corporate Bond or UTI - Corporate Bond? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Corporate Bond returned more over 5 years: 6.7% a year against 6.2%.
- Nippon India Corporate Bond returned more over 3 years: 7.3% a year against 7.1%.
- UTI - Corporate Bond costs less: 0.32% a year against 0.37% (Direct plans).
- UTI - Corporate Bond swung less over 3 years: a standard deviation of 1.1% a year against 1.1%.
- Nippon India Corporate Bond fell less in its worst fall since 09-08-2018: −1.7% against −3.0%.
- Nippon India Corporate Bond is the larger fund: ₹8,907 Cr against ₹4,569 Cr.
- Their portfolios overlap 12.3%: 13 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Nippon India Corporate Bond Fund | UTI - Corporate Bond Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | UTI Mutual Fund |
| Category | Corporate Bond | Corporate Bond |
| AUM | ₹8,907 Cr (30-09-2026) | ₹4,569 Cr (30-09-2026) |
| NAV | ₹67.03 (Direct) | ₹17.85 (Direct) |
| Expense ratio (Direct) | 0.37% | 0.32% |
| Expense ratio (Regular) | 0.75% | 0.61% |
| Riskometer | Moderate | Moderate |
| Benchmark | NIFTY Corporate Bond Index A-II | NIFTY Corporate Bond Index A-II |
| Launch date | 14-09-2000 | 08-08-2018 |
| Minimum investment | 5000, 1000 | Regular Plan-Quarterly Reinvestment of IDCW- Rs.20000, Regular Plan-Quarterly Payout of IDCW- Rs.20000, Direct Plan-Quarterly Reinvestment of IDCW- Rs.20000, Direct Plan-Quarterly Payout of IDCW- Rs.20000, Regular Plan-Half-yearly Reinvestment of IDCW- Rs |
| Lock in | None | None |
| Fund managers | Vivek Sharma | Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Nil | Nil |
Nippon India Corporate Bond vs UTI - Corporate Bond: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Nippon India Corporate Bond Fund (Direct) | −0.29% | −0.02% | +2.36% | +4.02% | +7.28% | +6.65% | +7.16% |
| UTI - Corporate Bond Fund (Direct) | −0.19% | +0.19% | +2.35% | +4.06% | +7.06% | +6.23% | -- |
| Corporate Bond average | −0.24% | +0.05% | +2.31% | +4.00% | +7.02% | +6.20% | -- |
Category average: the average of the 21 Corporate Bond funds, same plan type.
Nippon India Corporate Bond vs UTI - Corporate Bond: Year-wise Returns
| Year | Nippon IndiaNippon India Corporate Bond | UTI -UTI - Corporate Bond |
|---|---|---|
| 2026to date | +3.32% | +3.33% |
| 2025 | +8.18% | +8.13% |
| 2024 | +8.83% | +8.22% |
| 2023 | +7.51% | +7.22% |
| 2022 | +4.70% | +3.73% |
| 2021 | +5.13% | +3.77% |
Nippon India Corporate Bond vs UTI - Corporate Bond: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,265 of them, one for each trading day from 09-08-2021 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Nippon India Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
to
Jan 2022Nov 2019
to
Nov 2022Oct 2020
to
Oct 2023Sept 2021
to
Sept 2024Jul 2022
to
Jul 2025May 2023
to
May 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Corporate Bond | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.1% | 7.0% | 5.6% | 8.8% |
| UTI - Corporate Bond | 0.0 | 7.1 | 92.9 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 6.8% | 4.7% | 9.8% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 09-08-2018. Past returns do not promise future returns.
Nippon India Corporate Bond vs UTI - Corporate Bond: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Corporate BondNippon India Corporate Bond Fund (Direct) | ₹9,90,000 | ₹13,19,465 | ₹3,29,465 | 6.8% |
| UTI - Corporate BondUTI - Corporate Bond Fund (Direct) | ₹9,90,000 | ₹13,08,197 | ₹3,18,197 | 6.6% |
Nippon India Corporate BondNippon India Corporate Bond Fund (Direct)
UTI - Corporate BondUTI - Corporate Bond Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Corporate Bond vs UTI - Corporate Bond: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.02% | +4.06% |
| Standard deviation | 1.36% | 1.29% |
| Sharpe ratio | -0.91 | -0.92 |
| Sortino ratio | -1.24 | -1.24 |
| Maximum drawdown | −0.7% (23-10-2026) | −0.6% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.28% | +7.06% |
| Standard deviation | 1.14% | 1.08% |
| Sharpe ratio | 1.10 | 0.96 |
| Sortino ratio | 1.64 | 1.43 |
| Maximum drawdown | −0.7% (23-10-2026) | −0.6% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.65% | +6.23% |
| Standard deviation | 1.05% | 1.00% |
| Sharpe ratio | 0.81 | 0.44 |
| Sortino ratio | 1.14 | 0.61 |
| Maximum drawdown | −0.9% (06-05-2022) | −0.9% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.75% | +7.29% |
| Standard deviation | 1.09% | 1.65% |
| Sharpe ratio | 1.57 | 1.22 |
| Sortino ratio | 2.27 | 1.94 |
| Maximum drawdown | −1.7% (24-03-2020) | −3.0% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Nippon India Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Corporate Bond Fund (Direct) | −1.7% | 05-03-2020 | 24-03-2020 | 30-03-2020 | 6 days | −0.5% |
| UTI - Corporate Bond Fund (Direct) | −3.0% | 06-03-2020 | 23-03-2020 | 22-04-2020 | 30 days | −0.4% |
From daily values since 09-08-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
Nippon India Corporate Bond vs UTI - Corporate Bond: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Corporate Bond Fund, September 2026; UTI - Corporate Bond Fund, September 2026
Holdings in common
- Overlap
- 12.3%
- Held by both
- 13
- Only in Nippon India Corporate Bond
- 103
- Only in UTI - Corporate Bond
- 60
| Security | % of Nippon India Corporate Bond | % of UTI - Corporate Bond |
|---|---|---|
| 7.48% National Bank For Agriculture and Rural Development | 5.02% | 2.18% |
| 7.34% Small Industries Dev Bank of India | 1.44% | 1.62% |
| Mahindra & Mahindra Financial Services Limited | 1.12% | 1.64% |
| 7.44% Power Finance Corporation Limited | 1.11% | 1.08% |
| Siddhivinayak Securitisation Trust | 1.07% | 3.24% |
| 7.4% Summit Digitel Infrastructure Limited | 1.00% | 1.63% |
| 7.59% Power Finance Corporation Limited | 0.93% | 1.09% |
| 7.74% Power Finance Corporation Limited | 0.90% | 1.31% |
| 7.35% Export Import Bank of India | 0.78% | 1.64% |
| 7.08% JIO Credit Limited | 0.72% | 1.07% |
| Shivshakti Securitisation Trust | 2.14% | 0.52% |
| Corporate Debt Market Development Fund Class A2 | 0.33% | 0.35% |
| 6.61% Power Finance Corporation Limited | 0.28% | 0.54% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 12.3% means 12.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Nippon India Corporate Bond Fund
| Security | % of fund |
|---|---|
| 8.45% Indian Railway Finance Corporation Limited | 2.46% |
| 7.79% Bajaj Finance Limited | 2.16% |
| 6.6% REC Limited | 1.95% |
| 7.49% Small Industries Dev Bank of India | 1.95% |
| 7.54% Knowledge Realty Trust | 1.78% |
Largest holdings only in UTI - Corporate Bond Fund
| Security | % of fund |
|---|---|
| 7.24% GSEC MAT- 18/08/2055 | 5.19% |
| NCD BAJAJ FINANCE LTD. | 4.32% |
| NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 3.27% |
| NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 3.25% |
| NCD EXPORT IMPORT BANK OF INDIA | 2.79% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Corporate Bond | UTI - Corporate Bond |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 89.4% | 89.4% |
| Cash and others | 10.6% | 10.6% |
Nippon India Corporate Bond vs UTI - Corporate Bond: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Corporate Bond Fund | UTI - Corporate Bond Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.37% | 0.32% |
| Base expense ratio (Direct) | 0.31% | 0.27% |
| Total expense ratio (Regular) | 0.75% | 0.61% |
| Base expense ratio (Regular) | 0.63% | 0.52% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Nippon India Corporate Bond with
Nippon India Corporate Bond Fund vs UTI - Corporate Bond Fund: Frequently Asked Questions
What is the difference between Nippon India Corporate Bond Fund and UTI - Corporate Bond Fund?
Both are Corporate Bond funds, run by Nippon India Mutual Fund and UTI Mutual Fund. Their portfolios overlap 12.3%. Nippon India Corporate Bond Fund charges 0.37% a year and UTI - Corporate Bond Fund 0.32%.
Which has given higher returns, Nippon India Corporate Bond Fund or UTI - Corporate Bond Fund?
Over 1 year: Nippon India Corporate Bond Fund +4.02%, UTI - Corporate Bond Fund +4.06%. Over 3 years: Nippon India Corporate Bond Fund +7.28% a year, UTI - Corporate Bond Fund +7.06% a year. Over 5 years: Nippon India Corporate Bond Fund +6.65% a year, UTI - Corporate Bond Fund +6.23% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Corporate Bond Fund or UTI - Corporate Bond Fund?
UTI - Corporate Bond Fund charges less: 0.32% a year against 0.37%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Corporate Bond Fund and UTI - Corporate Bond Fund overlap?
12.3%. They hold 13 of the same securities, the largest shared ones being 7.48% National Bank For Agriculture and Rural Development, 7.34% Small Industries Dev Bank of India, Mahindra & Mahindra Financial Services Limited. From each fund's latest monthly portfolio.
Which is riskier, Nippon India Corporate Bond Fund or UTI - Corporate Bond Fund?
On SEBI's riskometer, Nippon India Corporate Bond Fund is rated Moderate and UTI - Corporate Bond Fund Moderate. Over 3 years, the standard deviation of daily returns was 1.14% and 1.08% a year.
Which is better for SIP, Nippon India Corporate Bond Fund or UTI - Corporate Bond Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,24,850 in Nippon India Corporate Bond Fund (XIRR 6.7% a year) and ₹7,20,452 in UTI - Corporate Bond Fund (XIRR 6.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India Corporate Bond Fund and UTI - Corporate Bond Fund?
Yes. 12.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Nippon India Corporate Bond Fund and UTI - Corporate Bond Fund?
Nippon India Corporate Bond Fund: Vivek Sharma. UTI - Corporate Bond Fund: Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.