Should I invest in Union Corporate Bond Fund?

We don't give personal investment advice. Union Corporate Bond Fund - Direct Plan - IDCW 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: 5.66%.

Union

Union Corporate Bond Fund - Direct Plan - IDCW Option

Latest NAV

₹16.1838

As of

3 Jun 2026

1,934 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	+0.08%	+14.97%	-14.89	21 / 72	Q2
1W	+0.27%	+15.14%	-14.87	26 / 72	Q2
2W	+0.39%	+15.28%	-14.89	29 / 72	Q2
1M	+0.07%	+15.20%	-15.13	56 / 72	Q4
3M	+0.01%	+14.82%	-14.81	39 / 72	Q3
6M	+0.73%	+15.94%	-15.21	30 / 71	Q2
YTD	+0.63%	+15.04%	-14.40	30 / 71	Q2
1Y	+3.15%	+17.89%	-14.74	26 / 71	Q2
2Y	+6.68%	+5.94%	+0.74	23 / 71	Q2
3Y	+6.74%	+2.32%	+4.42	16 / 66	Q1
4Y	+6.64%	+2.56%	+4.08	16 / 61	Q2
5Y	+5.66%	+1.49%	+4.18	8 / 52	Q1
7Y	+6.81%	+1.91%	+4.91	3 / 50	Q1
10Y	—	—	—	—	—
Inception	+6.17%	+6.36%	-0.19	15 / 67	Q1

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	+0.63%	-0.52%	+1.15	22 / 58
2025	+7.91%	+3.04%	+4.87	10 / 61
2024	+8.28%	+3.39%	+4.89	14 / 62
2023	+6.74%	+2.73%	+4.02	15 / 60
2022	+2.76%	+19.77%	-17.01	18 / 61
2021	+3.09%	-1.89%	+4.98	7 / 54
2020	+10.91%	+4.23%	+6.68	5 / 50
2019	+4.73%	+2.75%	+1.98	15 / 47
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

+6.40%

86 windows

min 1.7% · max 13.5%

100% positive

3-Year rolling

+6.05%

62 windows

min 4.2% · max 7.9%

100% positive

5-Year rolling

+6.01%

37 windows

min 5.6% · max 6.8%

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%

13 windows

min 5.9% · 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

1.64%

3-year · annualised

Sharpe ratio

0.03

vs risk-free 6.5%

Sortino ratio

0.10

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 - IDCW Option - Direct Plan	HDFC	₹21.0823	3 Jun 2026
NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹17.0800	3 Jun 2026
SBI Corporate Bond Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹15.6984	3 Jun 2026
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.2250	3 Jun 2026
Invesco India Corporate Bond Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,216.0142	3 Jun 2026
BANDHAN Corporate Bond Fund - Direct Annual IDCW	Bandhan	₹10.3094	3 Jun 2026
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - IDCW	Aditya Birla Sun Life	₹10.4102	3 Jun 2026
Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW	Franklin India	₹18.7176	3 Jun 2026
Mirae Asset Corporate Bond Fund Direct IDCW	Mirae Asset	₹13.5152	3 Jun 2026
Kotak Corporate Bond Fund- Direct Plan- Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹1,071.7888	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹16.1838
2 Jun 2026	₹16.1871
1 Jun 2026	₹16.1748
29 May 2026	₹16.1696
27 May 2026	₹16.1536
26 May 2026	₹16.1443
25 May 2026	₹16.1440
22 May 2026	₹16.1101
21 May 2026	₹16.0986
20 May 2026	₹16.1225

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 03 Jun 2026, the NAV of Union Corporate Bond Fund - Direct Plan - IDCW Option is ₹16.1838. It's a Corporate Bond Fund from Union, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Union Corporate Bond Fund - Direct Plan - IDCW Option has NAV history starting from 01 Jun 2018, a track record of about 8 years. 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 - IDCW 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 - IDCW Option has delivered a absolute return of 3.15% — -14.74 pp behind the Corporate Bond Fund category average of 17.89%. The fund ranks #26 of 71 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Union Corporate Bond Fund - Direct Plan - IDCW Option has delivered a CAGR of 6.74% — +4.42 pp ahead of the Corporate Bond Fund category average of 2.32%. The fund ranks #16 of 66 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Union Corporate Bond Fund - Direct Plan - IDCW Option has delivered a CAGR of 5.66% — +4.18 pp ahead of the Corporate Bond Fund category average of 1.49%. The fund ranks #8 of 52 in its category — the top (Q1) quartile.

₹1 lakh invested in Union Corporate Bond Fund - Direct Plan - IDCW Option exactly 5 years ago would be worth approximately ₹131,720 today — a multiplier of 1.32×, based on the 5-year CAGR of 5.66%. The category average over the same window would have grown ₹1 lakh to ₹107,656.

A ₹10,000 monthly SIP in Union Corporate Bond Fund - Direct Plan - IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹702,422 today. That's an XIRR (money-weighted annualised return) of 6.24%.

Union Corporate Bond Fund - Direct Plan - IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,043,875 — XIRR 6.11%.

On a 5-year basis, Union Corporate Bond Fund - Direct Plan - IDCW Option ranks #8 out of 52 funds in the Corporate Bond Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 1.49%; this fund delivered 5.66%.

The worst peak-to-trough decline Union Corporate Bond Fund - Direct Plan - IDCW 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 - IDCW Option averaged 6.01% (best 6.77%, worst 5.59%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.59 — negative risk-adjusted performance.

In calendar year 2025, Union Corporate Bond Fund - Direct Plan - IDCW Option returned 7.91% — beating the Corporate Bond Fund category average of 3.04% by 4.87 pp. It ranked #10 of 61 in its category that year.

Union Corporate Bond Fund - Direct Plan - IDCW 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 - IDCW 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: 5.66%.

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 - IDCW 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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