Union Corporate Bond Fund Overview
Category Corporate Bond Fund
BMSMONEY Rank 16
Rating
Growth Option 21-05-2025
NAV ₹15.32(R) +0.18% ₹15.66(D) +0.18%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 10.17% 7.45% 6.21% -% -%
Direct 10.51% 7.77% 6.54% -% -%
Benchmark
SIP (XIRR) Regular 11.54% 8.68% 6.94% -% -%
Direct 11.88% 9.01% 7.27% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.4 0.17 0.62 1.01% 0.01
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.4% 0.0% -0.85% 0.75 1.02%

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
Union Corporate Bond Fund - Regular Plan - Growth Option 15.32
0.0300
0.1800%
Union Corporate Bond Fund - Regular Plan - IDCW Option 15.32
0.0300
0.1800%
Union Corporate Bond Fund - Direct Plan - Growth Option 15.66
0.0300
0.1800%
Union Corporate Bond Fund - Direct Plan - IDCW Option 15.66
0.0300
0.1800%

Review Date: 21-05-2025

Beginning of Analysis

Union Corporate Bond Fund is the 16th ranked fund in the Corporate Bond Fund category. The category has total 19 funds. The 2 star rating shows a poor past performance of the Union Corporate Bond Fund in Corporate Bond Fund. The fund has a Jensen Alpha of 1.01% which is lower than the category average of 1.74%, showing poor performance. The fund has a Sharpe Ratio of 0.4 which is lower than the category average of 0.7.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Corporate Bond Mutual Funds are a good option for investors seeking higher returns than traditional debt instruments while maintaining moderate risk. However, they are not entirely risk-free and are subject to credit risk, interest rate risk, and market risk. Investors should carefully assess their risk appetite, investment horizon, and tax implications before investing in these funds.

Union Corporate Bond Fund Return Analysis

  • The fund has given a return of 1.3%, 4.08 and 5.89 in last one, three and six months respectively. In the same period the category average return was 1.23%, 3.92% and 5.79% respectively.
  • Union Corporate Bond Fund has given a return of 10.51% in last one year. In the same period the Corporate Bond Fund category average return was 10.38%.
  • The fund has given a return of 7.77% in last three years and ranked 16.0th out of 19 funds in the category. In the same period the Corporate Bond Fund category average return was 8.08%.
  • The fund has given a return of 6.54% in last five years and ranked 14th out of 16 funds in the category. In the same period the Corporate Bond Fund category average return was 6.97%.
  • The fund has given a SIP return of 11.88% in last one year whereas category average SIP return is 11.62%. The fund one year return rank in the category is 8th in 20 funds
  • The fund has SIP return of 9.01% in last three years and ranks 14th in 19 funds. Nippon India Corporate Bond Fund has given the highest SIP return (9.59%) in the category in last three years.
  • The fund has SIP return of 7.27% in last five years whereas category average SIP return is 7.58%.

Union Corporate Bond Fund Risk Analysis

  • The fund has a standard deviation of 1.4 and semi deviation of 1.02. The category average standard deviation is 1.31 and semi deviation is 0.94.
  • The fund has a Value at Risk (VaR) of 0.0 and a maximum drawdown of -0.85. The category average VaR is -0.02 and the maximum drawdown is -0.71. The fund has a beta of 0.71 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Corporate Bond Fund Category
  • Good Performance in Corporate Bond Fund Category
  • Poor Performance in Corporate Bond Fund Category
  • Very Poor Performance in Corporate Bond Fund Category

  • 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.


    Date Union Corporate Bond Fund NAV Regular Growth Union Corporate Bond Fund NAV Direct Growth
    21-05-2025 15.3197 15.6643
    20-05-2025 15.2924 15.6362
    19-05-2025 15.2775 15.6208
    16-05-2025 15.2624 15.605
    15-05-2025 15.2338 15.5756
    14-05-2025 15.2126 15.5539
    13-05-2025 15.194 15.5347
    09-05-2025 15.1358 15.4747
    08-05-2025 15.1433 15.4823
    07-05-2025 15.1782 15.5179
    06-05-2025 15.1719 15.5112
    02-05-2025 15.1615 15.5002
    30-04-2025 15.1576 15.4959
    28-04-2025 15.1419 15.4796
    25-04-2025 15.1386 15.4759
    24-04-2025 15.1478 15.4851
    23-04-2025 15.1479 15.4851
    22-04-2025 15.1361 15.473
    21-04-2025 15.1261 15.4626

    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.