MF Gyan
debtLow risk8 years oldSteady vs its 3-year pace

Union Corporate Bond Fund - Direct Plan - Growth Option

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Union Mutual Fund. It's been running since 1 Jun 2018.

Latest price per unit
₹16.5554
▲ 0.04% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.05 L
▲ ₹4.9k gain · 4.9% / year
Invested 3 years ago
₹1.23 L
▲ ₹22.8k gain · 7.1% / year
Invested 5 years ago
₹1.33 L
▲ ₹32.8k gain · 5.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.98 L
Gain / loss+₹17.6k
XIRR (annualised)6.46%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.99 L
Projected gain*+₹19.1k
*at this fund's historical rate of 6.46% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 89 other funds in Debt Scheme - Corporate Bond Fund

Same plan
1-year return
4.88%median 2.99% (+1.89%)
Rank #42 of 90Beats 53% of peers
3-year return
7.07%median 2.03% (+5.04%)
Rank #25 of 90Beats 66% of peers
5-year return
5.84%median 1.24% (+4.61%)
Rank #19 of 90Beats 67% of peers
Bumpiness (3Y)
1.21%median 2.81% (-1.60%)
Rank #23 of 90Less risky than 74% of peers
Worst-ever drop
-5.71%median -5.38% (-0.34%)
Rank #43 of 90Less risky than 52% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 7 of last 7 years were positive.

+11%
2020
+3%
2021
+3%
2022
+7%
2023
+8%
2024
+8%
2025
+3%
2026
Best year
2020 · 10.91%
Worst year
2022 · 2.73%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.2%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-5.71%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Union Corporate Bond Fund - Direct Plan - Growth Option against other debt funds.

Technical details (for the pros)
CAGR — 1 year4.88%
CAGR — 3 years7.07%
CAGR — 5 years5.84%
CAGR — since launch6.27%
Volatility — 1 year (annualised)1.49%
Volatility — 3 years (annualised)1.21%
Max drawdown — 1 year-0.87%
Max drawdown — 3 years-0.87%
Sharpe ratio — 1 year (rf=6%)-0.69
Sharpe ratio — 3 years (rf=6%)0.93

Fund info

Fund house
Union Mutual Fund
Category
Debt Scheme - Corporate Bond Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF582M01DU5
ISIN (Div re-invest)
—
Fund code
143241
First price on record
1 Jun 2018 · 1,999 daily prices

About Union Corporate Bond Fund - Direct Plan - Growth Option

Union Corporate Bond Fund - Direct Plan - Growth Option is a Debt Scheme - Corporate Bond Fund offered by Union Mutual Fund under the Direct plan with the Growth option. It has approximately 8 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of Union Corporate Bond Fund - Direct Plan - Growth Option is ₹16.5554 (as of 4 Sep 2026). Historically, it has delivered 4.87% over the last year, 7.07% CAGR over 3 years, 5.84% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.2% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 5.7%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Union Corporate Bond Fund - Direct Plan - Growth Option?+

The latest NAV of Union Corporate Bond Fund - Direct Plan - Growth Option is ₹16.5554 as of 4 Sep 2026, up 0.04% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Union Corporate Bond Fund - Direct Plan - Growth Option?+

Union Corporate Bond Fund - Direct Plan - Growth Option has delivered 1-year return 4.87%, 3-year CAGR 7.07%, 5-year CAGR 5.84%, since-inception CAGR 6.27%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Union Corporate Bond Fund - Direct Plan - Growth Option belong to?+

Union Corporate Bond Fund - Direct Plan - Growth Option is categorised as Debt Scheme - Corporate Bond Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Union Corporate Bond Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 1.2%, Union Corporate Bond Fund - Direct Plan - Growth Option sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Union Corporate Bond Fund - Direct Plan - Growth Option a direct plan?+

Union Corporate Bond Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Union Corporate Bond Fund - Direct Plan - Growth Option?+

Union Corporate Bond Fund - Direct Plan - Growth Option has NAV history available from 1 Jun 2018 — approximately 8 years of track record and 1,999 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.