Union Corporate Bond Fund

Corporate BondDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Union Corporate Bond Fund is a Corporate Bond fund run by Union Mutual Fund. On 30-09-2026, it managed ₹284 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.6% a year and its Regular plan returned 6.3% a year.

NAV (Direct plan): ₹16.44; ▲ 0.02%30-10-2026
NAV (Regular plan): ₹16.01; ▲ 0.02%30-10-2026
Expense ratio: 0.41%Direct0.71%Regular; 0.41%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 6.6%Direct6.3%Regular; 6.6%; A year

Union Corporate Bond Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹16.44 (up 0.02% that day); Regular Plan Growth ₹16.01 (up 0.02% that day).

This fund (Direct plan)

₹16.4409

Union Corporate Bond Fund Returns vs Corporate Bond Funds

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.37%	−0.44%	+1.73%	+2.86%	+6.63%	+5.69%	--
This fund (Regular)	−0.39%	−0.52%	+1.57%	+2.56%	+6.31%	+5.36%	--
Corporate Bond average	−0.24%	+0.05%	+2.31%	+4.00%	+7.02%	+6.20%	--
Best in Corporate Bond	+0.29%	+1.38%	+3.12%	+5.71%	+7.80%	+6.72%	--
Worst in Corporate Bond	−0.60%	−0.87%	+1.72%	+2.83%	+6.50%	+5.69%	--
Rank in Corporate Bond	17/21	18/21	20/21	20/21	19/21	17/17	--

Category rows compare the Direct plans of 21 Corporate Bond funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Corporate Debt A-II Index. CRISIL Benchmark Disclaimer: CRISIL Indices are the sole property of CRISIL Limited (C. Returns of that index are not available to us, so the category average is the comparison.

Union Corporate Bond Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+2.26%	+2.00%
2025	+7.91%	+7.61%
2024	+8.33%	+7.98%
2023	+6.74%	+6.44%
2022	+2.76%	+2.40%
2021	+3.19%	+2.91%

Union Corporate Bond Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,313 periods, one for each trading day from 01-06-2021 to 30-10-2026.

0%2%4%6%8%10%

Nov 2018
to
Nov 2021Oct 2019
to
Oct 2022Sept 2020
to
Sept 2023Aug 2021
to
Aug 2024Jul 2022
to
Jul 2025May 2023
to
May 2026

Union Corporate Bond Fund (Direct)Category average, 21 Corporate Bond funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	1,795	6.2%	1.4%	13.7%	0%	7.5%	15%
2 years	1,558	7.0%	2.8%	9.9%	0%	7.5%	5%
3 years	1,313	6.0%	4.0%	8.0%	0%	6.7%	2%
5 years	826	5.9%	5.5%	7.0%	0%	6.8%	0%
7 years	344	6.5%	5.9%	7.0%	0%	7.3%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	89	6.4%	−2.3%	13.7%	1%	7.4%	13%
2 years	77	6.6%	2.5%	9.9%	0%	7.0%	4%
3 years	65	6.1%	3.8%	9.0%	0%	6.7%	0%
5 years	41	6.2%	5.2%	7.3%	0%	6.7%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 21 Corporate Bond funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Union Corporate Bond Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Union Corporate Bond Fund (Direct)This fund	Category average
Return (CAGR)	+2.86%	+3.99%
Standard deviation	1.55%	1.28%
Sharpe ratio	-1.54	-0.98
Sortino ratio	-2.01	-1.33
Maximum drawdown	−1.1% (23-10-2026)	−0.60% (23-10-2026)

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.

Measure	Union Corporate Bond Fund (Direct)This fund	Category average
Return (CAGR)	+6.63%	+7.02%
Standard deviation	1.22%	1.05%
Sharpe ratio	0.50	0.95
Sortino ratio	0.70	1.41
Maximum drawdown	−1.1% (23-10-2026)	−0.60% (23-10-2026)

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.

Measure	Union Corporate Bond Fund (Direct)This fund	Category average
Return (CAGR)	+5.69%	+6.19%
Standard deviation	1.16%	1.01%
Sharpe ratio	-0.10	0.38
Sortino ratio	-0.13	0.52
Maximum drawdown	−1.5% (06-05-2022)	−1.2% (09-05-2022)

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.

Measure	Union Corporate Bond Fund (Direct)This fund	Category average
Return (CAGR)	+6.06%	+7.12%
Standard deviation	2.71%	1.48%
Sharpe ratio	0.28	1.24
Sortino ratio	0.34	2.00
Maximum drawdown	−5.7% (10-06-2019)	−2.7% (23-03-2020)

From daily NAVs, 01-06-2018 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.

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.

−6%−5%−4%−3%−2%−1%0%

20192020202120222023202420252026

Union Corporate Bond Fund (Direct)Category average, 21 Corporate Bond funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Union Corporate Bond Fund (Direct)	−5.7%	03-06-2019	10-06-2019	29-10-2019	5 months	−0.98%
Category average	−2.7%	06-03-2020	23-03-2020	17-04-2020	25 days	−0.46%

From the Direct plan's daily NAV since 01-06-2018, adjusted for unit splits, and the average of the 21 Corporate Bond funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Union Corporate Bond Fund vs Other Corporate Bond Funds

The five Corporate Bond funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Franklin India Corporate Bond Fund	1/21	1,409	0.26%	+5.32%	+7.80%	--	--	1.49	2.92	Compare
Baroda BNP Paribas Corporate Bond Fund	2/21	269	0.21%	+4.83%	+7.62%	--	--	1.43	2.18	Compare
AXIS Corporate Bond Fund	3/21	7,453	0.36%	+4.31%	+7.44%	--	--	1.29	1.94	Compare
DSP Corporate Bond Fund	4/21	2,647	0.29%	+5.71%	+7.40%	--	--	2.21	3.77	Compare
Nippon India Corporate Bond Fund	5/21	8,907	0.37%	+4.02%	+7.28%	--	--	1.10	1.64	Compare
Union Corporate Bond Fund	19/21	284	0.41%	+2.86%	+6.63%	--	--	0.50	0.70

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Union Corporate Bond Fund Expense Ratio and Costs

What each plan charges a year, in force from 22-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Corporate Bond median	Cost rank (1 = cheapest)
Direct	0.34%	0.01%	0.00%	0.06%	0.41%	0.34%	21/21
Regular	0.61%	0.01%	0.00%	0.09%	0.71%	0.68%	14/21

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Corporate Bond funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	2.56%	2.86%	0.30%	₹1,02,560	₹1,02,860
3 years	6.31%	6.63%	0.32% a year	₹1,20,150	₹1,21,238
5 years	5.36%	5.69%	0.33% a year	₹1,29,831	₹1,31,877

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Union Corporate Bond Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 01-06-2018 to 30-10-2026: 101 instalments, ₹10,10,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planUnion Corporate Bond Fund (Direct)	₹10,10,000	₹13,00,889	₹2,90,889	5.9%
Regular planUnion Corporate Bond Fund (Regular)	₹10,10,000	₹12,82,827	₹2,72,827	5.6%
Category averageCategory average, 21 Corporate Bond funds	₹10,10,000	₹13,37,941	₹3,27,941	6.6%

₹0₹5.0 L₹10.0 L₹15.0 L

20192020202120222023202420252026

Direct planUnion Corporate Bond Fund (Direct)Regular planUnion Corporate Bond Fund (Regular)Category averageCategory average, 21 Corporate Bond fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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.

Union Corporate Bond Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

86.8%Debt

Asset	Fund	Category
Debt	86.8%	91.2%
Cash and others	13.2%	8.8%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 21 Corporate Bond funds.

Rating	Fund	Category
Sovereign	13.4%	10.8%
AAA and A1+	71.6%	78.7%
AA	1.8%	1.7%

Union Corporate Bond Fund Portfolio Holdings

As on 30-09-2026 · 22 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
GOI 6.68% 2040 · Government security	Sovereign	9.98%
Small Industries Development Bank of India · Bond	CRISIL AAA	8.94%
Bajaj Housing Finance Ltd. · Bond	CRISIL AAA	8.47%
Kotak Mahindra Prime Ltd.	CRISIL AAA	5.21%
Larsen & Toubro Ltd. · Bond	CRISIL AAA	3.52%
REC Ltd. · Bond	CRISIL AAA	3.52%
Power Finance Corporation Ltd. · Bond	CRISIL AAA	3.52%
Reliance Industries Ltd. · Bond	CRISIL AAA	3.51%
Export-Import Bank of India · Bond	CRISIL AAA	3.51%
Indian Railway Finance Corporation Ltd. · Bond	CRISIL AAA	3.51%
Indian Railway Finance Corporation Ltd. · Bond	CRISIL AAA	3.51%
LIC Housing Finance Ltd. · Bond	CRISIL AAA	3.51%
National Bank for Agriculture and Rural Development · Bond	[ICRA]AAA	3.51%
National Bank for Agriculture and Rural Development · Bond	[ICRA]AAA	3.50%
Bajaj Finance Ltd. · Bond	CRISIL AAA	3.50%
LIC Housing Finance Ltd. · Bond	CRISIL AAA	3.49%
Power Finance Corporation Ltd. · Bond	CRISIL AAA	3.47%
REC Ltd. · Bond	CRISIL AAA	3.43%
GOI 7.24% 2055 · Government security	Sovereign	3.34%
Mankind Pharma Ltd. · Bond	CRISIL AA+	1.76%
Corporate Debt Mkt Devp. Fund-A2	Alternative Investment Fund	0.66%
91 Day Treasury Bills · Government security	Sovereign	0.11%

Union Corporate Bond Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Union Short Term FundUltra Short · Union	16.4%	4	Compare
Invesco India Medium Term FundMedium Duration · Invesco	14.0%	3	Compare
UTI - Corporate Bond FundCorporate Bond · UTI	13.5%	9	Compare
JM Dynamic Term FundDynamic Bond · JM Financial	11.3%	3	Compare
Baroda BNP Paribas Dynamic Term FundDynamic Bond · Baroda BNP Paribas	10.9%	4	Compare
HSBC Medium Term FundMedium Duration · HSBC	10.6%	4	Compare
Invesco India Credit Risk FundCredit Risk · Invesco	10.3%	2	Compare
Bandhan Medium Term FundMedium Duration · Bandhan	10.0%	5	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Union Corporate Bond Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.41%
Expense ratio (Regular): 0.71%
Category: Corporate Bond
Risk: Moderate
Launch date: 25-05-2018
Minimum investment: ₹1,000
Minimum additional investment: ₹1,000
AUM: ₹284.04 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 143241
ISIN (Direct): INF582M01DU5
Scheme code (Regular): 143239
ISIN (Regular): INF582M01DY7
NAV history: From 01-06-2018, 8.4 years

Benchmark: CRISIL Corporate Debt A-II Index. CRISIL Benchmark Disclaimer: CRISIL Indices are the sole property of CRISIL Limited (C
Exit load: NIL

Tax on Union Corporate Bond Fund returns

Union Corporate Bond Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹16.4409	30-10-2026
direct	IDCW	₹16.4409	30-10-2026
regular	Growth	₹16.0118	30-10-2026
regular	IDCW	₹16.0118	30-10-2026

About Union Corporate Bond Fund

Union Corporate Bond Fund is a mutual fund from Union Mutual Fund. Its category is Corporate Bond. It was launched on 25-05-2018. Its benchmark is CRISIL Corporate Debt A-II Index. CRISIL Benchmark Disclaimer: CRISIL Indices are the sole property of CRISIL Limited (C. At the end of September 2026 it held 22 securities.

Fund Manager

Anindya Sarkar
Fund manager of Union Corporate Bond Fund, since 01-11-2018
Shrenuj Parekh
Fund manager of Union Corporate Bond Fund, since 14-07-2023
Parijat Agrawal
Fund manager of Union Corporate Bond Fund, since 25-05-2018

See all funds of Union Mutual Fund

AUM change

September 2026: ₹284.04 Cr; −1.76% from August 2026
August 2026: ₹289.12 Cr; −1.19% from July 2026
July 2026: ₹292.60 Cr; −14.02% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Union Corporate Bond Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Union Corporate Bond vs Franklin India Corporate BondCorporate Bond
Union Corporate Bond vs Baroda BNP Paribas Corporate BondCorporate Bond
Union Corporate Bond vs AXIS Corporate BondCorporate Bond
Union Corporate Bond vs DSP Corporate BondCorporate Bond
Union Corporate Bond vs Nippon India Corporate BondCorporate Bond
Union Corporate Bond vs Union Short Term16.4% overlap
Union Corporate Bond vs Invesco India Medium Term14.0% overlap
Union Corporate Bond vs UTI - Corporate Bond13.5% overlap

Compare with any other fund

Frequently Asked Questions for Union Corporate Bond Fund

What is the current NAV of Union Corporate Bond Fund?

The Direct plan NAV is ₹16.4409. The Regular plan NAV is ₹16.0118, as on 30-10-2026.

What are the returns of Union Corporate Bond Fund?

The Direct plan returned +2.86% in 1 year, +6.63% a year over 3 years, +5.69% a year over 5 years. The Regular plan returned +2.56% in 1 year, +6.31% a year over 3 years, +5.36% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Union Corporate Bond Fund?

The Direct plan charges 0.41% a year. The Regular plan charges 0.71% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.

What is the AUM of Union Corporate Bond Fund?

Union Corporate Bond Fund managed ₹284.04 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Union Corporate Bond Fund?

At the end of September 2026 the largest holdings were GOI 6.68% 2040 (9.98%), Small Industries Development Bank of India (8.94%), Bajaj Housing Finance Ltd. (8.47%), Kotak Mahindra Prime Ltd. (5.21%), Larsen & Toubro Ltd. (3.52%). The fund held 22 securities in all.

How do I invest in Union Corporate Bond Fund?

Through Union Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.

Who is the fund manager of Union Corporate Bond Fund?

Anindya Sarkar (since 01-11-2018), Shrenuj Parekh (since 14-07-2023), Parijat Agrawal (since 25-05-2018).

What is the exit load of Union Corporate Bond Fund?

NIL

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.