UTI - Corporate Bond Fund vs UTI Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
UTI - Corporate Bond Fund is a Corporate Bond fund and UTI Short Term Fund is a Short Duration fund. In the 3 years to 30-10-2026, UTI - Corporate Bond Fund (Direct) returned 7.1% a year and UTI Short Term Fund (Direct) returned 7.1% a year. UTI - Corporate Bond Fund charges 0.32% a year and UTI Short Term Fund 0.41% (Direct plans). Their portfolios overlap 20.1%: they hold 12 of the same securities.
UTI - Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.1%
- Expense ratio
- 0.32%
- NAV
- ₹17.85
UTI Short Term Fund
Short Duration
- 3 year return
- 7.1%
- Expense ratio
- 0.41%
- NAV
- ₹35.99
Which is better, UTI - Corporate Bond or UTI Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Short Term returned more over 5 years: 6.4% a year against 6.2%.
- UTI Short Term returned more over 3 years: 7.1% a year against 7.1%.
- UTI - Corporate Bond costs less: 0.32% a year against 0.41% (Direct plans).
- UTI Short Term swung less over 3 years: a standard deviation of 0.9% a year against 1.1%.
- UTI - Corporate Bond fell less in its worst fall since 09-08-2018: −3.0% against −13.2%.
- UTI - Corporate Bond is the larger fund: ₹4,569 Cr against ₹1,770 Cr.
- Their portfolios overlap 20.1%: 12 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 | UTI - Corporate Bond Fund | UTI Short Term Fund |
|---|---|---|
| Fund house | UTI Mutual Fund | UTI Mutual Fund |
| Category | Corporate Bond | Short Duration |
| AUM | ₹4,569 Cr (30-09-2026) | ₹1,770 Cr (30-09-2026) |
| NAV | ₹17.85 (Direct) | ₹35.99 (Direct) |
| Expense ratio (Direct) | 0.32% | 0.41% |
| Expense ratio (Regular) | 0.61% | 0.81% |
| Riskometer | Moderate | Moderate |
| Benchmark | NIFTY Corporate Bond Index A-II | CRISIL Short Duration Debt A-II Index |
| Launch date | 08-08-2018 | 29-08-2003 |
| Minimum investment | 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 | Regular Plan-Monthly Reinvestment of IDCW- Rs.20000, Regular Plan-Monthly Payout of IDCW- Rs.20000, Regular Plan-Quarterly Reinvestment of IDCW- Rs.20000, Regular Plan-Quarterly Payout of IDCW- Rs.20000, Regular Plan-Growth- Rs.500, Regular Plan-Half-year |
| Lock in | None | None |
| Fund managers | Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 | Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Nil | Nil |
UTI - Corporate Bond vs UTI Short Term: 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 |
|---|---|---|---|---|---|---|---|
| UTI - Corporate Bond Fund (Direct) | −0.19% | +0.19% | +2.35% | +4.06% | +7.06% | +6.23% | -- |
| UTI Short Term Fund (Direct) | −0.19% | +0.15% | +2.34% | +4.24% | +7.09% | +6.43% | +6.26% |
| Corporate Bond average | −0.24% | +0.05% | +2.31% | +4.00% | +7.02% | +6.20% | -- |
| Short Duration average | −0.14% | +0.30% | +2.50% | +4.11% | +6.88% | +6.62% | +6.89% |
Category average: the average of the 21 Corporate Bond funds and the 25 Short Duration funds, same plan type.
UTI - Corporate Bond vs UTI Short Term: Year-wise Returns
| Year | - Corporate BondUTI - Corporate Bond | Short TermUTI Short Term |
|---|---|---|
| 2026to date | +3.33% | +3.49% |
| 2025 | +8.13% | +7.81% |
| 2024 | +8.22% | +8.42% |
| 2023 | +7.22% | +7.59% |
| 2022 | +3.73% | +4.41% |
| 2021 | +3.77% | +9.04% |
UTI - Corporate Bond vs UTI Short Term: 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.
UTI - Corporate Bond Fund (Direct)
UTI Short Term 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| UTI Short Term | 0.0 | 6.1 | 93.9 | 0.0 | 0.0 | 0.0 | 0.0 | 7.2% | 7.6% | 4.1% | 9.5% |
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.
UTI - Corporate Bond vs UTI Short Term: 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 09-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| UTI - Corporate BondUTI - Corporate Bond Fund (Direct) | ₹9,90,000 | ₹13,08,197 | ₹3,18,197 | 6.6% |
| UTI Short TermUTI Short Term Fund (Direct) | ₹9,90,000 | ₹13,17,422 | ₹3,27,422 | 6.8% |
UTI - Corporate BondUTI - Corporate Bond Fund (Direct)
UTI Short TermUTI Short Term 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.
UTI - Corporate Bond vs UTI Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | UTI - Corporate Bond Fund (Direct) | UTI Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.06% | +4.24% |
| Standard deviation | 1.29% | 1.13% |
| Sharpe ratio | -0.92 | -0.89 |
| Sortino ratio | -1.24 | -1.19 |
| Maximum drawdown | −0.6% (02-04-2026) | −0.6% (23-10-2026) |
| 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 | UTI - Corporate Bond Fund (Direct) | UTI Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.06% | +7.09% |
| Standard deviation | 1.08% | 0.92% |
| Sharpe ratio | 0.96 | 1.15 |
| Sortino ratio | 1.43 | 1.73 |
| Maximum drawdown | −0.6% (02-04-2026) | −0.6% (23-10-2026) |
| 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 | UTI - Corporate Bond Fund (Direct) | UTI Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.23% | +6.43% |
| Standard deviation | 1.00% | 0.87% |
| Sharpe ratio | 0.44 | 0.72 |
| Sortino ratio | 0.61 | 1.02 |
| Maximum drawdown | −0.9% (06-05-2022) | −0.7% (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 | UTI - Corporate Bond Fund (Direct) | UTI Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.29% | +7.25% |
| Standard deviation | 1.65% | 3.18% |
| Sharpe ratio | 1.22 | 0.38 |
| Sortino ratio | 1.94 | 0.42 |
| Maximum drawdown | −3.0% (23-03-2020) | −13.2% (10-06-2019) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 09-08-2018 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.
UTI - Corporate Bond Fund (Direct)
UTI Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| UTI - Corporate Bond Fund (Direct) | −3.0% | 06-03-2020 | 23-03-2020 | 22-04-2020 | 30 days | −0.4% |
| UTI Short Term Fund (Direct) | −13.2% | 03-06-2019 | 10-06-2019 | 03-07-2020 | 13 months | −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.
UTI - Corporate Bond Fund (Direct)
UTI Short Term 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.
UTI - Corporate Bond Fund (Direct)
UTI Short Term 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.
UTI - Corporate Bond Fund (Direct)
UTI Short Term Fund (Direct)
UTI - Corporate Bond vs UTI Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: UTI - Corporate Bond Fund, September 2026; UTI Short Term Fund, September 2026
Holdings in common
- Overlap
- 20.1%
- Held by both
- 12
- Only in UTI - Corporate Bond
- 61
- Only in UTI Short Term
- 24
| Security | % of UTI - Corporate Bond | % of UTI Short Term |
|---|---|---|
| NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 3.25% | 4.20% |
| NCD EXPORT IMPORT BANK OF INDIA | 2.79% | 6.93% |
| 07.80% XIRR PTC- SIDDHIVINAYAK SECURITISATION TRUST-28/09/2030 | 3.24% | 2.70% |
| NCD LIC HOUSING FINANCE LTD. | 2.18% | 4.23% |
| NCD INDIAN RAILWAY FINANCE CORPORATION LIMITED | 1.64% | 2.82% |
| NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 1.62% | 2.79% |
| NCD SUMMIT DIGITEL INFRASTRUCTURE LTD | 1.63% | 1.40% |
| NCD INDIAN RAILWAY FINANCE CORPORATION LIMITED | 1.61% | 1.39% |
| 08.20% PTC- INDIA UNIVERSAL TRUST AL1-SERIES A3 | 1.38% | 1.42% |
| NCD EXPORT IMPORT BANK OF INDIA | 0.86% | 1.39% |
| NCD REC LTD | 0.54% | 2.80% |
| CORPORATE DEBT MARKET DEVT FUND - A2 UNITS | 0.35% | 0.53% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.1% means 20.1% 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 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 EXPORT IMPORT BANK OF INDIA | 2.73% |
| NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2.18% |
Largest holdings only in UTI Short Term Fund
| Security | % of fund |
|---|---|
| NCD VEDANTA LTD | 5.56% |
| NCD POONAWALLA FINCORP LTD. | 4.23% |
| NCD 360 ONE PRIME LTD | 4.22% |
| NCD LIC HOUSING FINANCE LTD. | 2.87% |
| NCD REC LTD | 2.86% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | UTI - Corporate Bond | UTI Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 89.4% | 84.0% |
| Cash and others | 10.6% | 16.0% |
UTI - Corporate Bond vs UTI Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | UTI - Corporate Bond Fund | UTI Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.32% | 0.41% |
| Base expense ratio (Direct) | 0.27% | 0.34% |
| Total expense ratio (Regular) | 0.61% | 0.81% |
| Base expense ratio (Regular) | 0.52% | 0.69% |
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 UTI - Corporate Bond with
UTI - Corporate Bond Fund vs UTI Short Term Fund: Frequently Asked Questions
What is the difference between UTI - Corporate Bond Fund and UTI Short Term Fund?
UTI - Corporate Bond Fund is a Corporate Bond fund, UTI Short Term Fund is a Short Duration fund, run by UTI Mutual Fund. Their portfolios overlap 20.1%. UTI - Corporate Bond Fund charges 0.32% a year and UTI Short Term Fund 0.41%.
Which has given higher returns, UTI - Corporate Bond Fund or UTI Short Term Fund?
Over 1 year: UTI - Corporate Bond Fund +4.06%, UTI Short Term Fund +4.24%. Over 3 years: UTI - Corporate Bond Fund +7.06% a year, UTI Short Term Fund +7.09% a year. Over 5 years: UTI - Corporate Bond Fund +6.23% a year, UTI Short Term Fund +6.43% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, UTI - Corporate Bond Fund or UTI Short Term Fund?
UTI - Corporate Bond Fund charges less: 0.32% a year against 0.41%. These are the Direct plans' total expense ratios reported to AMFI.
How much do UTI - Corporate Bond Fund and UTI Short Term Fund overlap?
20.1%. They hold 12 of the same securities, the largest shared ones being NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, NCD EXPORT IMPORT BANK OF INDIA, 07.80% XIRR PTC- SIDDHIVINAYAK SECURITISATION TRUST-28/09/2030. From each fund's latest monthly portfolio.
Which is riskier, UTI - Corporate Bond Fund or UTI Short Term Fund?
On SEBI's riskometer, UTI - Corporate Bond Fund is rated Moderate and UTI Short Term Fund Moderate. Over 3 years, the standard deviation of daily returns was 1.08% and 0.92% a year.
Which is better for SIP, UTI - Corporate Bond Fund or UTI Short Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,20,452 in UTI - Corporate Bond Fund (XIRR 6.5% a year) and ₹7,22,480 in UTI Short Term Fund (XIRR 6.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both UTI - Corporate Bond Fund and UTI Short Term Fund?
Yes. 20.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages UTI - Corporate Bond Fund and UTI Short Term Fund?
UTI - Corporate Bond Fund: Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4. UTI Short Term 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.