Which funds are similar to Union Corporate Bond Fund Direct-Growth?
Funds similar to Union Corporate Bond Fund Direct-Growth in the Debt: Corporate Bond category include HDFC Corporate Bond Fund Direct Plan-Growth, ICICI Prudential Corporate Bond Fund Direct Plan-Growth, and Aditya Birla Sun Life Corporate Bond Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Union Corporate Bond Fund Direct-Growth in its category?
On a 3-year return basis Union Corporate Bond Fund Direct-Growth is ranked 18 out of 21 funds in the Debt: Corporate Bond category as of 16 Jul 2026. On a 5-year return basis it ranks 17 out of 19. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Union Corporate Bond Fund Direct-Growth's expense ratio compare to similar funds?
Union Corporate Bond Fund Direct-Growth has an expense ratio of 0.41%. The peers HDFC Corporate Bond Fund Direct Plan-Growth has an expense ratio of 0.38% and ICICI Prudential Corporate Bond Fund Direct Plan-Growth has 0.36%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Union Corporate Bond Fund Direct-Growth's AUM compare to similar funds?
Union Corporate Bond Fund Direct-Growth has an AUM of ₹340.33 crore. The peers HDFC Corporate Bond Fund Direct Plan-Growth has an AUM of ₹30,721.4 crore and ICICI Prudential Corporate Bond Fund Direct Plan-Growth has ₹30,030.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Corporate Bond?
The top performing fund in the Debt: Corporate Bond category on a 3-year basis is Franklin India Corporate Debt Fund Direct-Growth with a CAGR of 8.05% as of 16 Jul 2026. Union Corporate Bond Fund Direct-Growth has delivered 7.21% CAGR over the same period, ranking 18 out of 21 funds. You can view and compare the full category ranking on sharpely.
How does Union Corporate Bond Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Union Corporate Bond Fund Direct-Growth has a Sharpe ratio of 0.77 compared to the Debt: Corporate Bond average of 1.02 as of 16 Jul 2026. It ranks 19 out of 21 funds in its category on Sharpe ratio.
