Tata Corporate Bond Fund vs UTI - Corporate Bond Fund
Direct Plan, Growth option · Data as on 30-10-2026
Tata Corporate Bond Fund and UTI - Corporate Bond Fund are both Corporate Bond funds. In the 3 years to 30-10-2026, Tata Corporate Bond Fund (Direct) returned 7.0% a year and UTI - Corporate Bond Fund (Direct) returned 7.1% a year. Tata Corporate Bond Fund charges 0.32% a year and UTI - Corporate Bond Fund 0.32% (Direct plans). Their portfolios overlap 20.0%: they hold 13 of the same securities.
Tata Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.0%
- Expense ratio
- 0.32%
- NAV
- ₹13.40
UTI - Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.1%
- Expense ratio
- 0.32%
- NAV
- ₹17.85
Which is better, Tata 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.
- UTI - Corporate Bond returned more over 3 years: 7.1% a year against 7.0%.
- UTI - Corporate Bond returned more over 1 year: 4.1% against 3.9%.
- UTI - Corporate Bond swung less over 3 years: a standard deviation of 1.1% a year against 1.1%.
- UTI - Corporate Bond fell less in its worst fall since 07-12-2021: −0.9% against −1.7%.
- UTI - Corporate Bond is the larger fund: ₹4,569 Cr against ₹2,676 Cr.
- Their portfolios overlap 20.0%: 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 | Tata Corporate Bond Fund | UTI - Corporate Bond Fund |
|---|---|---|
| Fund house | Tata Mutual Fund | UTI Mutual Fund |
| Category | Corporate Bond | Corporate Bond |
| AUM | ₹2,676 Cr (30-09-2026) | ₹4,569 Cr (30-09-2026) |
| NAV | ₹13.40 (Direct) | ₹17.85 (Direct) |
| Expense ratio (Direct) | 0.32% | 0.32% |
| Expense ratio (Regular) | 0.82% | 0.61% |
| Riskometer | Moderate | Moderate |
| Benchmark | CRISIL Corporate Debt A-II Index | NIFTY Corporate Bond Index A-II |
| Launch date | 01-12-2021 | 08-08-2018 |
| Minimum investment | ₹5,000 | 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 | Puja Kasat, Amit Somani | Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | NIL | Nil |
Tata 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 |
|---|---|---|---|---|---|---|---|
| Tata Corporate Bond Fund (Direct) | −0.26% | +0.03% | +2.34% | +3.93% | +7.03% | -- | -- |
| 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.
Tata Corporate Bond vs UTI - Corporate Bond: Year-wise Returns
| Year | TataTata Corporate Bond | UTI -UTI - Corporate Bond |
|---|---|---|
| 2026to date | +3.15% | +3.33% |
| 2025 | +7.68% | +8.13% |
| 2024 | +8.83% | +8.22% |
| 2023 | +7.50% | +7.22% |
| 2022 | +2.89% | +3.73% |
| 2021 | -- | +3.77% |
Tata Corporate Bond vs UTI - Corporate Bond: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 459 of them, one for each trading day from 09-12-2024 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.
Tata Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
to
Feb 2025May 2022
to
May 2025Sept 2022
to
Sept 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tata Corporate Bond | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.6% | 6.3% | 8.4% |
| UTI - Corporate Bond | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.5% | 6.3% | 8.1% |
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 07-12-2021. Past returns do not promise future returns.
Tata 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 07-12-2021 to 30-10-2026: 59 instalments, ₹5,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Tata Corporate BondTata Corporate Bond Fund (Direct) | ₹5,90,000 | ₹6,92,208 | ₹1,02,208 | 6.4% |
| UTI - Corporate BondUTI - Corporate Bond Fund (Direct) | ₹5,90,000 | ₹6,93,377 | ₹1,03,377 | 6.5% |
Tata Corporate BondTata 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.
Tata 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 | Tata Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.93% | +4.06% |
| Standard deviation | 1.41% | 1.29% |
| Sharpe ratio | -0.93 | -0.92 |
| Sortino ratio | -1.26 | -1.24 |
| Maximum drawdown | −0.8% (02-04-2026) | −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 | Tata Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.03% | +7.06% |
| Standard deviation | 1.15% | 1.08% |
| Sharpe ratio | 0.87 | 0.96 |
| Sortino ratio | 1.27 | 1.43 |
| Maximum drawdown | −0.8% (02-04-2026) | −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 | Tata Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.15% | +7.29% |
| Standard deviation | 1.12% | 1.65% |
| Sharpe ratio | 0.27 | 1.22 |
| Sortino ratio | 0.35 | 1.94 |
| Maximum drawdown | −1.7% (09-05-2022) | −3.0% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-12-2021 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.
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.
Tata 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 |
|---|---|---|---|---|---|---|
| Tata Corporate Bond Fund (Direct) | −1.7% | 07-04-2022 | 09-05-2022 | 17-08-2022 | 3 months | −0.5% |
| UTI - Corporate Bond Fund (Direct) | −0.9% | 07-04-2022 | 06-05-2022 | 06-07-2022 | 2 months | −0.4% |
From daily values since 07-12-2021, 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.
Tata 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.
Tata Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
Tata Corporate Bond vs UTI - Corporate Bond: Portfolio Overlap
From each fund's latest monthly portfolio: Tata Corporate Bond Fund, September 2026; UTI - Corporate Bond Fund, September 2026
Holdings in common
- Overlap
- 20.0%
- Held by both
- 13
- Only in Tata Corporate Bond
- 47
- Only in UTI - Corporate Bond
- 60
| Security | % of Tata Corporate Bond | % of UTI - Corporate Bond |
|---|---|---|
| ** 07.58 % SIDDHIVINAYAK SECURITISATION TRUST - 27/09/2030 | 3.57% | 3.24% |
| ** 07.38 % BAJAJ FINANCE LTD - 26/06/2028 | 2.77% | 4.32% |
| ** 07.48 % NABARD - 15/09/2028 | 3.72% | 2.18% |
| ** 07.74 % LIC HOUSING FINANCE LTD - 11/02/2028 | 2.80% | 2.18% |
| ** 06.74 % SMALL INDUST DEVLOP BANK OF INDIA - 10/01/2029 | 3.65% | 2.14% |
| ** 07.34 % SMALL INDUST DEVLOP BANK OF INDIA - 26/02/2029 | 1.85% | 1.62% |
| ** 06.47 % INDIAN RAILWAYS FINANCE CORPORATION LTD - 30/05/2028 | 5.87% | 1.61% |
| ** 08.20 % INDIA UNIVERSAL TRUST AL1 - 20/09/2030 | 1.47% | 1.38% |
| ** 07.44 % NABARD - 24/02/2028 | 0.93% | 3.27% |
| ** 07.38 % REC LTD - 28/02/2029 | 5.56% | 0.54% |
| ** 07.45 % POWER FINANCE CORPORATION - 15/07/2028 | 3.72% | 0.54% |
| ** 06.52 % REC LTD - 31/01/2028 | 1.84% | 0.54% |
| SBIMF AIF - CAT I (CDMDF)27/10/2038 | 0.44% | 0.35% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.0% means 20.0% 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 Tata Corporate Bond Fund
| Security | % of fund |
|---|---|
| ** 06.59 % POWER FINANCE CORPORATION - 15/10/2030 | 3.58% |
| SGS MAHARASHTRA 7.55% (22/04/2034) | 3.33% |
| GOI - 7.71% (18/05/2066) | 2.80% |
| ** 07.20 % MINDSPACE BUSINESS PARKS REIT - 10/05/2030 | 2.74% |
| ** - NABARD - CD - 04/02/2027 | 2.74% |
Largest holdings only in UTI - Corporate Bond Fund
| Security | % of fund |
|---|---|
| 7.24% GSEC MAT- 18/08/2055 | 5.19% |
| NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 3.25% |
| NCD EXPORT IMPORT BANK OF INDIA | 2.79% |
| NCD EXPORT IMPORT BANK OF INDIA | 2.73% |
| NCD POWER FINANCE CORPORATION LTD. | 2.16% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Tata Corporate Bond | UTI - Corporate Bond |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 95.3% | 89.4% |
| Cash and others | 4.7% | 10.6% |
Tata Corporate Bond vs UTI - Corporate Bond: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Tata Corporate Bond Fund | UTI - Corporate Bond Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.32% | 0.32% |
| Base expense ratio (Direct) | 0.26% | 0.27% |
| Total expense ratio (Regular) | 0.82% | 0.61% |
| Base expense ratio (Regular) | 0.74% | 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 Tata Corporate Bond with
Tata Corporate Bond Fund vs UTI - Corporate Bond Fund: Frequently Asked Questions
What is the difference between Tata Corporate Bond Fund and UTI - Corporate Bond Fund?
Both are Corporate Bond funds, run by Tata Mutual Fund and UTI Mutual Fund. Their portfolios overlap 20.0%. Tata Corporate Bond Fund charges 0.32% a year and UTI - Corporate Bond Fund 0.32%.
Which has given higher returns, Tata Corporate Bond Fund or UTI - Corporate Bond Fund?
Over 1 year: Tata Corporate Bond Fund +3.93%, UTI - Corporate Bond Fund +4.06%. Over 3 years: Tata Corporate Bond Fund +7.03% a year, UTI - Corporate Bond Fund +7.06% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Tata Corporate Bond Fund or UTI - Corporate Bond Fund?
Both charge 0.32% a year.
How much do Tata Corporate Bond Fund and UTI - Corporate Bond Fund overlap?
20.0%. They hold 13 of the same securities, the largest shared ones being ** 07.58 % SIDDHIVINAYAK SECURITISATION TRUST - 27/09/2030, ** 07.38 % BAJAJ FINANCE LTD - 26/06/2028, ** 07.48 % NABARD - 15/09/2028. From each fund's latest monthly portfolio.
Which is riskier, Tata Corporate Bond Fund or UTI - Corporate Bond Fund?
On SEBI's riskometer, Tata Corporate Bond Fund is rated Moderate and UTI - Corporate Bond Fund Moderate. Over 3 years, the standard deviation of daily returns was 1.15% and 1.08% a year.
Which is better for SIP, Tata Corporate Bond Fund or UTI - Corporate Bond Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,05,619 in Tata Corporate Bond Fund (XIRR 5.9% a year) and ₹4,06,699 in UTI - Corporate Bond Fund (XIRR 6.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Tata Corporate Bond Fund and UTI - Corporate Bond Fund?
Yes. 20.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Tata Corporate Bond Fund and UTI - Corporate Bond Fund?
Tata Corporate Bond Fund: Puja Kasat, Amit Somani. 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.