Should I invest in Union Corporate Bond Fund?

We don't give personal investment advice. Union Corporate Bond Fund - Direct Plan - Growth Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.5%. 5-year CAGR: 5.99%.

Union

Union Corporate Bond Fund - Direct Plan - Growth Option

Latest NAV

₹16.4902

As of

17 Jul 2026

1,965 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.01%	+0.01%	-0.03	21 / 22	Q4
1W	-0.08%	-0.04%	-0.04	19 / 22	Q4
2W	-0.17%	-0.10%	-0.07	20 / 22	Q4
1M	+0.73%	+0.75%	-0.02	14 / 22	Q3
3M	+1.69%	+1.86%	-0.17	20 / 22	Q4
6M	+2.87%	+3.23%	-0.36	22 / 22	Q4
YTD	+2.52%	+2.98%	-0.46	22 / 22	Q4
1Y	+4.60%	+5.28%	-0.68	22 / 22	Q4
2Y	+7.19%	+7.48%	-0.28	20 / 22	Q4
3Y	+7.17%	+7.44%	-0.27	19 / 22	Q4
4Y	+6.93%	+7.35%	-0.43	18 / 20	Q4
5Y	+5.99%	+6.45%	-0.46	16 / 18	Q4
7Y	+6.73%	+7.02%	-0.30	15 / 17	Q4
10Y	—	—	—	—	—
Inception	+6.32%	+7.39%	-1.07	20 / 21	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.52%	+2.98%	-0.46	22 / 22
2025	+7.91%	+8.00%	-0.09	14 / 22
2024	+8.28%	+8.40%	-0.12	14 / 22
2023	+6.74%	+7.17%	-0.42	19 / 21
2022	+2.76%	+3.71%	-0.95	18 / 19
2021	+3.09%	+4.05%	-0.96	17 / 17
2020	+10.91%	+10.76%	+0.15	8 / 17
2019	+4.73%	+9.59%	-4.87	16 / 16
2018	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+6.34%

87 windows

min 1.8% · max 13.1%

100% positive

3-Year rolling

+6.07%

63 windows

min 4.0% · max 8.0%

100% positive

5-Year rolling

+6.02%

39 windows

min 5.6% · max 7.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+6.41%

14 windows

min 6.0% · max 6.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.63%

3-year · annualised

Sharpe ratio

0.30

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.87%

Mar 2026 → Apr 2026

% positive months

91.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Corporate Bond Fund

Scheme	Fund house	NAV	As of
HDFC Corporate Bond Fund - Growth Option - Direct Plan	HDFC	₹35.1786	17 Jul 2026
Nippon India Corporate Bond Fund - Direct Plan Growth Plan - Bonus	Nippon India	₹47.7824	17 Jul 2026
SBI Corporate Bond Fund - Direct Plan - Growth	SBI	₹16.9438	17 Jul 2026
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth	ICICI Prudential	₹33.3928	17 Jul 2026
Invesco India Corporate Bond Fund - Direct Plan - Growth	Invesco	₹3,612.3962	17 Jul 2026
BANDHAN Corporate Bond Fund - Direct Growth	Bandhan	₹21.0929	17 Jul 2026
Aditya Birla Sun Life Corporate Bond Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹121.5081	17 Jul 2026
Franklin India Corporate Debt Fund - Direct - GROWTH	Franklin India	₹115.3450	17 Jul 2026
Mirae Asset Corporate Bond Fund Direct Growth Plan	Mirae Asset	₹13.7647	17 Jul 2026
Kotak Corporate Bond Fund- Direct Plan- Growth Option	Kotak	₹4,186.0394	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹16.4902
16 Jul 2026	₹16.4925
15 Jul 2026	₹16.4778
14 Jul 2026	₹16.4685
13 Jul 2026	₹16.5085
10 Jul 2026	₹16.5029
9 Jul 2026	₹16.4880
8 Jul 2026	₹16.4754
7 Jul 2026	₹16.5225
6 Jul 2026	₹16.5251

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Union Corporate Bond Fund - Direct Plan - Growth Option is ₹16.4902. It's a Corporate Bond Fund from Union, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Union Corporate Bond Fund - Direct Plan - Growth Option has NAV history starting from 01 Jun 2018, a track record of about 8 years 1 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Union Corporate Bond Fund - Direct Plan - Growth Option is managed by Union. It's classified by AMFI under the 'Corporate Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Union Corporate Bond Fund - Direct Plan - Growth Option has delivered a absolute return of 4.60% — -0.68 pp behind the Corporate Bond Fund category average of 5.28%. The fund ranks #22 of 22 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Union Corporate Bond Fund - Direct Plan - Growth Option has delivered a CAGR of 7.17% — -0.27 pp behind the Corporate Bond Fund category average of 7.44%. The fund ranks #19 of 22 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Union Corporate Bond Fund - Direct Plan - Growth Option has delivered a CAGR of 5.99% — -0.46 pp behind the Corporate Bond Fund category average of 6.45%. The fund ranks #16 of 18 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Union Corporate Bond Fund - Direct Plan - Growth Option exactly 5 years ago would be worth approximately ₹133,733 today — a multiplier of 1.34×, based on the 5-year CAGR of 5.99%. The category average over the same window would have grown ₹1 lakh to ₹136,657.

A ₹10,000 monthly SIP in Union Corporate Bond Fund - Direct Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹710,709 today. That's an XIRR (money-weighted annualised return) of 6.71%.

Union Corporate Bond Fund - Direct Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,055,665 — XIRR 6.43%.

On a 5-year basis, Union Corporate Bond Fund - Direct Plan - Growth Option ranks #16 out of 18 funds in the Corporate Bond Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 6.45%; this fund delivered 5.99%.

The worst peak-to-trough decline Union Corporate Bond Fund - Direct Plan - Growth Option has experienced over the last 5-year window is 1.50% — its NAV fell from a high on 05 Apr 2022 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Union Corporate Bond Fund - Direct Plan - Growth Option averaged 6.02% (best 6.97%, worst 5.55%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.41 — negative risk-adjusted performance.

In calendar year 2025, Union Corporate Bond Fund - Direct Plan - Growth Option returned 7.91% — lagging the Corporate Bond Fund category average of 8.00% by 0.09 pp. It ranked #14 of 22 in its category that year.

Union Corporate Bond Fund - Direct Plan - Growth Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Union Corporate Bond Fund - Direct Plan - Growth Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.5%. 5-year CAGR: 5.99%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Union Corporate Bond Fund - Direct Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Corporate Bond Fund

Recent NAVs

Frequently asked questions

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