Union Corporate Bond Fund Overview
Category Corporate Bond Fund
BMSMONEY Rank 12
BMSMONEY Rating
Growth Option As On: 23-04-2024
NAV ₹13.8 (R) +0.06% ₹14.07 (D) +0.06%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 6.26% 4.56% 5.28% -% -%
LumpSum Dir. P 6.58% 4.9% 5.63% -% -%
SIP Reg. P 6.58% 3.46% 4.67% -% -%
SIP Dir. P 6.92% 3.79% 4.99% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.21 -0.56 0.42 0.64% -0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.23% -0.78% -1.1% 0.7 0.99%

NAV Date: 23-04-2024

Scheme Name NAV Rupee Change Percent Change
Union Corporate Bond Fund - Regular Plan - Growth Option 13.8
0.0100
0.0600%
Union Corporate Bond Fund - Regular Plan - IDCW Option 13.8
0.0100
0.0600%
Union Corporate Bond Fund - Direct Plan - Growth Option 14.07
0.0100
0.0600%
Union Corporate Bond Fund - Direct Plan - IDCW Option 14.07
0.0100
0.0600%

Review Date: March 28, 2024

The Corporate Bond Fund category has 18 funds. Performance of the Union Corporate Bond Fund has been analyzed on 20 performance parameters. Out of eight return parameters, the fund has one return parameter in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved 12th (out of 18 funds), which is ok rank in the Corporate Bond Fund category.
Using a composite performance score, our ranking methodology takes into account the fund's return, the risk it carries, and its risk-adjusted performance during the last three years. This composite performance score then becomes the basis for ranking funds within the category.

The Union Corporate Bond Fund has poor return performance, as all 1 year and above return parameters are below average in Corporate Bond Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Union Corporate Bond Fund has given return of 0.74% in last one month which is very good as it is in the top quartile in Corporate Bond Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Union Corporate Bond Fund has given return of 2.04% in last three month which is good as it is above average in Corporate Bond Fund.
  3. 1 Year Return%: The Union Corporate Bond Fund has given return of 7.12% in last one year which is poor as it is in the below average in Corporate Bond Fund. The one year return rank of Union Corporate Bond Fund is 13 in 19 funds. The investment of ₹ 10,000 in this fund would have become ₹ 10712.0 in one year.
  4. 3 Year Return%: The Union Corporate Bond Fund has given return of 4.74% in last three year which is very poor as it is in the fourth quartile with rank of 15 in 17 funds. in Corporate Bond Fund.
  5. 5 Year Return%: The Union Corporate Bond Fund has given return of 5.21% in last five year which is very poor as it is in the fourth quartile with rank of 16 in 16 funds. in Corporate Bond Fund.
  6. 1 Year SIP Return%: The Union Corporate Bond Fund has given return of -8.67% in last one year which is poor as it is in the below average with return rank of 11 in 19 funds. in Corporate Bond Fund.
  7. 3 Year SIP Return%: The Union Corporate Bond Fund has given return of 3.71% in last three year which is very poor as it is in the fourth quartile with rank of 15 in 17 funds. in Corporate Bond Fund.
  8. 5 Year SIP Return%: The Union Corporate Bond Fund has given return of 4.78% in last five year which is very poor as it is in the fourth quartile with rank of 14 in 16 funds. in Corporate Bond Fund.
  9. '
'

The Union Corporate Bond Fund has poor risk performance, as non of above risk paramerters are above average Corporate Bond Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Union Corporate Bond Fund has standard deviation of 1.23 which is very poor as it is in the fourth quartile with risk rank of 10 in 12 funds. in Corporate Bond Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Union Corporate Bond Fund has semi deviation of 0.99 which is very poor as it is in the fourth quartile with risk rank of 10 in 12 funds. in Corporate Bond Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Union Corporate Bond Fund has max drawdown of -1.1% which is very poor as it is in the fourth quartile with risk rank of 11 in 12 funds. in Corporate Bond Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Union Corporate Bond Fund has 1Y VaR at 95% of -0.78% which is very poor as it is in the fourth quartile with risk rank of 11 in 12 funds. in Corporate Bond Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Union Corporate Bond Fund has average drawdown of -0.49% which is good as it is above average with risk rank of 9 in 12 funds. in Corporate Bond Fund.
  6. '
'

The Union Corporate Bond Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Corporate Bond Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Union Corporate Bond Fund has Sterling Ratio of 0.42 which is very poor as it is in the fourth quartile with risk rank of 11 in 12 funds. in Corporate Bond Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Union Corporate Bond Fund has Sortino Ratio of -0.56 which is poor as it is in the below average with risk rank of 8 in 12 funds. in Corporate Bond Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Union Corporate Bond Fund has Jensen Alpha of 0.64% which is very poor as it is in the fourth quartile with risk rank of 9 in 12 funds. in Corporate Bond Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Union Corporate Bond Fund has Treynor Ratio of -0.04 which is good as it is above average with risk rank of 8 in 12 funds. in Corporate Bond Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Union Corporate Bond Fund has Modigliani Square Measure of 6.14% which is very poor as it is in the fourth quartile with risk rank of 9 in 12 funds. in Corporate Bond Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Union Corporate Bond Fund has Alpha of -0.75% which is very poor as it is in the fourth quartile with risk rank of 9 in 12 funds. in Corporate Bond Fund.
  7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.36
0.40
0.22 | 0.53 15 | 19
No
No
Yes
3M Return % 1.74
1.80
1.37 | 2.05 13 | 19
No
No
No
6M Return % 3.73
3.72
3.07 | 4.06 12 | 19
Yes
No
No
1Y Return % 6.26
6.56
6.10 | 7.43 16 | 19
No
No
Yes
3Y Return % 4.56
5.04
4.37 | 5.88 15 | 17
No
No
Yes
5Y Return % 5.28
6.53
5.28 | 7.25 16 | 16
No
No
Yes
1Y SIP Return % 6.58
6.75
6.23 | 7.38 12 | 19
No
No
No
3Y SIP Return % 3.46
3.90
3.41 | 4.77 16 | 17
No
No
Yes
5Y SIP Return % 4.67
5.17
4.56 | 5.89 14 | 16
No
No
Yes
Standard Deviation 1.23
1.11
0.87 | 1.86 10 | 12
No
No
Yes
Semi Deviation 0.99
0.87
0.68 | 1.48 10 | 12
No
No
Yes
Max Drawdown % -1.10
-0.81
-2.49 | -0.09 11 | 12
No
No
Yes
VaR 1 Y % -0.78
-0.39
-2.51 | 0.00 11 | 12
No
No
Yes
Average Drawdown % -0.49
-0.60
-2.49 | -0.07 9 | 12
Yes
No
Yes
Sharpe Ratio -2.21
-2.15
-2.82 | -1.52 8 | 12
No
No
No
Sterling Ratio 0.42
0.47
0.35 | 0.58 11 | 12
No
No
Yes
Sortino Ratio -0.56
-0.54
-0.65 | -0.43 8 | 12
No
No
No
Jensen Alpha % 0.64
1.37
-1.09 | 2.73 9 | 12
No
No
Yes
Treynor Ratio -0.04
-0.04
-0.07 | -0.02 8 | 12
Yes
No
No
Modigliani Square Measure % 6.14
7.55
4.32 | 10.72 9 | 12
No
No
Yes
Alpha % -0.75
-0.34
-1.37 | 0.52 9 | 12
No
No
Yes
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.38 0.43 0.25 | 0.56 16 | 19
No
No
Yes
3M Return % 1.82 1.89 1.45 | 2.10 14 | 19
No
No
No
6M Return % 3.90 3.92 3.23 | 4.19 12 | 19
No
No
No
1Y Return % 6.58 6.98 6.50 | 7.66 17 | 19
No
No
Yes
3Y Return % 4.90 5.45 4.63 | 6.20 16 | 17
No
No
Yes
5Y Return % 5.63 6.95 5.63 | 7.46 16 | 16
No
No
Yes
1Y SIP Return % 6.92 7.16 6.55 | 7.62 15 | 19
No
No
Yes
3Y SIP Return % 3.79 4.30 3.76 | 5.03 16 | 17
No
No
Yes
5Y SIP Return % 4.99 5.58 4.89 | 6.18 15 | 16
No
No
Yes
Standard Deviation 1.23 1.11 0.87 | 1.86 10 | 12
No
No
Yes
Semi Deviation 0.99 0.87 0.68 | 1.48 10 | 12
No
No
Yes
Max Drawdown % -1.10 -0.81 -2.49 | -0.09 11 | 12
No
No
Yes
VaR 1 Y % -0.78 -0.39 -2.51 | 0.00 11 | 12
No
No
Yes
Average Drawdown % -0.49 -0.60 -2.49 | -0.07 9 | 12
Yes
No
Yes
Sharpe Ratio -2.21 -2.15 -2.82 | -1.52 8 | 12
No
No
No
Sterling Ratio 0.42 0.47 0.35 | 0.58 11 | 12
No
No
Yes
Sortino Ratio -0.56 -0.54 -0.65 | -0.43 8 | 12
No
No
No
Jensen Alpha % 0.64 1.37 -1.09 | 2.73 9 | 12
No
No
Yes
Treynor Ratio -0.04 -0.04 -0.07 | -0.02 8 | 12
Yes
No
No
Modigliani Square Measure % 6.14 7.55 4.32 | 10.72 9 | 12
No
No
Yes
Alpha % -0.75 -0.34 -1.37 | 0.52 9 | 12
No
No
Yes
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.06 ₹ 10006.0 0.06 ₹ 10006.0
1W 0.06 ₹ 10006.0 0.06 ₹ 10006.0
1M 0.36 ₹ 10036.0 0.38 ₹ 10038.0
3M 1.74 ₹ 10174.0 1.82 ₹ 10182.0
6M 3.73 ₹ 10373.0 3.9 ₹ 10390.0
1Y 6.26 ₹ 10626.0 6.58 ₹ 10658.0
3Y 4.56 ₹ 11431.0 4.9 ₹ 11543.0
5Y 5.28 ₹ 12937.0 5.63 ₹ 13148.0
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 6.5786 ₹ 12422.664 6.9157 ₹ 12444.108
3Y ₹ 36000 3.4636 ₹ 37956.708 3.7874 ₹ 38143.188
5Y ₹ 60000 4.6651 ₹ 67520.34 4.9933 ₹ 68080.92
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
23-04-2024 13.804 14.0681
22-04-2024 13.7964 14.0603
19-04-2024 13.7838 14.047
18-04-2024 13.7959 14.0593
16-04-2024 13.7896 14.0526
15-04-2024 13.8029 14.066
12-04-2024 13.7949 14.0574
08-04-2024 13.7944 14.0565
05-04-2024 13.7972 14.059
04-04-2024 13.8007 14.0624
03-04-2024 13.7986 14.0602
02-04-2024 13.7959 14.0573
28-03-2024 13.7848 14.0454
27-03-2024 13.7609 14.0209
26-03-2024 13.7549 14.0147
22-03-2024 13.748 14.0071
21-03-2024 13.7529 14.0119
20-03-2024 13.7433 14.002
19-03-2024 13.7403 13.9988
18-03-2024 13.743 14.0014
15-03-2024 13.7413 13.9993
14-03-2024 13.737 13.9948
13-03-2024 13.7374 13.9951
12-03-2024 13.7368 13.9944
11-03-2024 13.736 13.9935
07-03-2024 13.7197 13.9763
06-03-2024 13.7117 13.9681
05-03-2024 13.7009 13.9569
04-03-2024 13.7006 13.9564
01-03-2024 13.6919 13.9473
29-02-2024 13.6925 13.9477
28-02-2024 13.6901 13.9451
27-02-2024 13.6841 13.9389
26-02-2024 13.6813 13.9359
23-02-2024 13.6723 13.9264
22-02-2024 13.6701 13.924
21-02-2024 13.6677 13.9215
20-02-2024 13.6599 13.9134
16-02-2024 13.6446 13.8972
15-02-2024 13.6408 13.8933
14-02-2024 13.6315 13.8837
13-02-2024 13.6371 13.8893
12-02-2024 13.6368 13.8888
09-02-2024 13.6309 13.8825
08-02-2024 13.6346 13.8861
07-02-2024 13.632 13.8833
06-02-2024 13.6282 13.8793
05-02-2024 13.6234 13.8743
02-02-2024 13.6225 13.873
01-02-2024 13.6124 13.8626
31-01-2024 13.5961 13.8459
30-01-2024 13.5865 13.836
29-01-2024 13.583 13.8323
25-01-2024 13.5693 13.8179
24-01-2024 13.5679 13.8163
23-01-2024 13.5651 13.8133
19-01-2024 13.5521 13.7996
18-01-2024 13.5575 13.8049
17-01-2024 13.56 13.8073
16-01-2024 13.5584 13.8056
15-01-2024 13.5569 13.804
12-01-2024 13.5399 13.7863
11-01-2024 13.533 13.7791
10-01-2024 13.5339 13.7799
09-01-2024 13.5267 13.7725
08-01-2024 13.5236 13.7692
05-01-2024 13.5125 13.7575
04-01-2024 13.5129 13.7578
03-01-2024 13.5148 13.7596
02-01-2024 13.5138 13.7585
01-01-2024 13.5148 13.7594
29-12-2023 13.5098 13.7539
28-12-2023 13.4977 13.7415
27-12-2023 13.4974 13.741
26-12-2023 13.4985 13.742
22-12-2023 13.4893 13.7321
21-12-2023 13.4868 13.7295
20-12-2023 13.4847 13.7273
19-12-2023 13.4835 13.7259
18-12-2023 13.4817 13.7239
15-12-2023 13.4717 13.7134
14-12-2023 13.4543 13.6956
13-12-2023 13.4342 13.6749
12-12-2023 13.4292 13.6698
11-12-2023 13.4324 13.6728
08-12-2023 13.4286 13.6687
07-12-2023 13.4312 13.6712
06-12-2023 13.4259 13.6657
05-12-2023 13.4179 13.6575
04-12-2023 13.4146 13.654
01-12-2023 13.4037 13.6425
30-11-2023 13.4071 13.6459
29-11-2023 13.4089 13.6476
28-11-2023 13.4001 13.6386
24-11-2023 13.3887 13.6265
23-11-2023 13.3973 13.6352
22-11-2023 13.3969 13.6346
21-11-2023 13.3953 13.6329
20-11-2023 13.4007 13.6383
17-11-2023 13.4006 13.6379
16-11-2023 13.3968 13.6338
15-11-2023 13.3928 13.6297
13-11-2023 13.3794 13.6158
10-11-2023 13.3712 13.6071
09-11-2023 13.3765 13.6124
08-11-2023 13.3698 13.6055
07-11-2023 13.3642 13.5996
06-11-2023 13.3573 13.5926
03-11-2023 13.3483 13.5831
02-11-2023 13.3422 13.5767
01-11-2023 13.3331 13.5673
31-10-2023 13.3316 13.5658
30-10-2023 13.3266 13.5606
27-10-2023 13.322 13.5555
26-10-2023 13.3186 13.5519
25-10-2023 13.3194 13.5526
23-10-2023 13.3076 13.5404
20-10-2023 13.3024 13.5348
19-10-2023 13.3023 13.5346
18-10-2023 13.3047 13.5369
17-10-2023 13.3059 13.5381
16-10-2023 13.3038 13.5358
13-10-2023 13.2983 13.5298
12-10-2023 13.2947 13.5261
11-10-2023 13.291 13.5222
10-10-2023 13.2796 13.5105
09-10-2023 13.2726 13.5033
06-10-2023 13.2717 13.502
05-10-2023 13.3093 13.5401
04-10-2023 13.2994 13.53
03-10-2023 13.2993 13.5297
29-09-2023 13.294 13.524
27-09-2023 13.2984 13.5282
26-09-2023 13.2965 13.5261
25-09-2023 13.2947 13.5242
22-09-2023 13.2903 13.5194
21-09-2023 13.2911 13.5201
20-09-2023 13.2891 13.518
18-09-2023 13.2787 13.5071
15-09-2023 13.2756 13.5037
14-09-2023 13.2857 13.5138
13-09-2023 13.2705 13.4982
12-09-2023 13.2557 13.483
11-09-2023 13.262 13.4894
08-09-2023 13.2618 13.4889
07-09-2023 13.2662 13.4932
06-09-2023 13.2574 13.4842
05-09-2023 13.2593 13.486
04-09-2023 13.2594 13.486
01-09-2023 13.2516 13.4777
31-08-2023 13.2491 13.475
30-08-2023 13.2433 13.469
29-08-2023 13.2423 13.4679
28-08-2023 13.2408 13.4663
25-08-2023 13.2274 13.4523
24-08-2023 13.2236 13.4483
23-08-2023 13.2163 13.4408
22-08-2023 13.2046 13.4288
21-08-2023 13.207 13.4312
18-08-2023 13.2001 13.4238
17-08-2023 13.193 13.4164
14-08-2023 13.1986 13.4218
11-08-2023 13.1937 13.4165
10-08-2023 13.2 13.4228
09-08-2023 13.1957 13.4183
08-08-2023 13.1954 13.4179
07-08-2023 13.1938 13.4162
04-08-2023 13.1851 13.407
03-08-2023 13.1871 13.4089
02-08-2023 13.1928 13.4146
01-08-2023 13.1888 13.4104
31-07-2023 13.1815 13.4028
28-07-2023 13.1758 13.3967
27-07-2023 13.187 13.408
26-07-2023 13.1879 13.4089
25-07-2023 13.1806 13.4013
24-07-2023 13.1858 13.4065
21-07-2023 13.1771 13.3973
20-07-2023 13.1789 13.399
19-07-2023 13.1771 13.3971
18-07-2023 13.177 13.3968
17-07-2023 13.167 13.3866
14-07-2023 13.1583 13.3774
13-07-2023 13.1562 13.3751
12-07-2023 13.1399 13.3584
11-07-2023 13.1368 13.3552
10-07-2023 13.1247 13.3427
07-07-2023 13.1186 13.3362
06-07-2023 13.1219 13.3395
05-07-2023 13.1264 13.3439
04-07-2023 13.1225 13.3399
03-07-2023 13.1192 13.3364
30-06-2023 13.1153 13.3322
28-06-2023 13.1204 13.3371
27-06-2023 13.1143 13.3308
26-06-2023 13.1162 13.3326
23-06-2023 13.1093 13.3253
22-06-2023 13.1052 13.321
21-06-2023 13.1096 13.3254
20-06-2023 13.1159 13.3316
19-06-2023 13.1145 13.3301
16-06-2023 13.1073 13.3225
15-06-2023 13.1085 13.3236
14-06-2023 13.1095 13.3245
13-06-2023 13.1091 13.3239
12-06-2023 13.1059 13.3207
09-06-2023 13.098 13.3123
08-06-2023 13.1029 13.3172
07-06-2023 13.1112 13.3255
06-06-2023 13.1081 13.3222
05-06-2023 13.1026 13.3165
02-06-2023 13.0965 13.3099
01-06-2023 13.0984 13.3118
31-05-2023 13.0913 13.3045
30-05-2023 13.0873 13.3003
29-05-2023 13.0842 13.2971
26-05-2023 13.0819 13.2944
25-05-2023 13.081 13.2933
24-05-2023 13.078 13.2901
23-05-2023 13.0745 13.2865
22-05-2023 13.0801 13.2921
19-05-2023 13.0633 13.2747
18-05-2023 13.0588 13.2701
17-05-2023 13.0554 13.2664
16-05-2023 13.0504 13.2613
15-05-2023 13.0452 13.2559
12-05-2023 13.0372 13.2474
11-05-2023 13.0287 13.2387
10-05-2023 13.0268 13.2366
09-05-2023 13.0286 13.2384
08-05-2023 13.0277 13.2374
04-05-2023 13.0197 13.2287
03-05-2023 13.0205 13.2295
02-05-2023 13.0085 13.2172
28-04-2023 13.0029 13.211
27-04-2023 13.0035 13.2116
26-04-2023 12.9987 13.2065
25-04-2023 12.9913 13.199
24-04-2023 12.9845 13.1919

Fund Launch Date: 04/May/2018
Fund Category: Corporate Bond Fund
Investment Objective: To achieve long term capital appreciation by investing substantially in a portfolio of corporate debt securities. However, there is no assurance that the Investment Objective of the scheme will be achieved.
Fund Description: An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds
Fund Benchmark: CRISIL Corporate Bond Composite Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.