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UTI Corporate Bond Fund

UTI Corporate Bond Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.32

as on 07 Jun 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,685 today.

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NAV Performance

UTI Corporate Bond Fund performance graph for last 3 years
Performance of UTI Corporate Bond Fund for last 3 Years

Fund Information

  • ₹ 14.043

    as on 07 Jun 2023
  • Regular - Growth

  • 6 / 17

  • ₹ 5,000

  • ₹ 3,255 Cr.

    as on 31 Mar 2023
  • 0.59%

  • 08 Aug 2018

  • Debt - Corporate Bond Fund

  • CRISIL 10 Year Gilt Index

  • UTI Mutual Fund

    Show All Funds

Highlights of this fund

UTI Corporate Bond Fund is an Open-ended Debt Fund. The fund belongs to Corporate Bond Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 08 Aug 2018. This fund is offered by one of the top AMC (Assets Management Company) UTI Mutual Fund. You can also view here all other Debt funds offered by UTI Mutual Fund.

Latest NAV of the fund is ₹ 14.043 as on 07 Jun 2023.

This fund has 4 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.59%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

to generate optimal returns by investing predominantly in AA+ and above rated corporate bonds.

List of Fund Managers of UTI Corporate Bond Fund

  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.
  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.
  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.
  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.
  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.22% 0.90% 3.44% 4.53% 8.58% 5.39% 6.23% 8.01% 8.00% 8.75% 6.33% 5.94% 6.65% 7.51%
Category Average 0.17% 0.72% 2.52% 3.69% 6.61% 3.99% 5.03% 6.94% 7.23% 7.55% 5.43% 4.99% 6.01% 6.90%
UTI Corporate Bond Fund 0.19%₹ 10,018 0.76%₹ 10,075 2.58%₹ 10,258 3.74%₹ 10,374 6.72%₹ 10,672 7.35%₹ 12,470 4.48%₹ 10,916 5.43%₹ 25,368 5.32%₹ 11,685 4.99%₹ 38,836 - - - -
ICICI Prudential Corporate Bond Fund 0.19%₹ 10,018 0.75%₹ 10,074 2.44%₹ 10,244 3.91%₹ 10,390 7.72%₹ 10,771 8.00%₹ 12,511 5.27%₹ 11,081 6.26%₹ 25,578 5.91%₹ 11,882 5.73%₹ 39,268 7.42%₹ 14,303 6.59%₹ 70,863 7.73%₹ 21,070 7.27%₹ 1,74,513
Aditya Birla Sun Life Corporate Bond Fund 0.19%₹ 10,018 0.80%₹ 10,080 2.49%₹ 10,248 3.85%₹ 10,385 7.55%₹ 10,755 7.78%₹ 12,497 4.94%₹ 11,013 5.91%₹ 25,490 5.97%₹ 11,902 5.52%₹ 39,147 7.65%₹ 14,457 6.65%₹ 70,959 8.00%₹ 21,607 7.51%₹ 1,76,665
Kotak Corporate Bond Fund Standard 0.16%₹ 10,015 0.74%₹ 10,073 2.64%₹ 10,263 3.73%₹ 10,373 6.95%₹ 10,695 7.48%₹ 12,478 4.73%₹ 10,969 5.60%₹ 25,410 5.48%₹ 11,739 5.18%₹ 38,948 6.94%₹ 13,987 6.04%₹ 69,885 - -
Invesco India Corporate Bond Fund 0.16%₹ 10,015 0.70%₹ 10,070 2.55%₹ 10,255 3.67%₹ 10,366 6.66%₹ 10,666 7.21%₹ 12,461 4.09%₹ 10,834 5.09%₹ 25,280 5.04%₹ 11,591 4.66%₹ 38,645 7.03%₹ 14,049 5.84%₹ 69,538 6.46%₹ 18,700 6.38%₹ 1,66,545
IDFC Corporate Bond Fund 0.16%₹ 10,016 0.67%₹ 10,067 2.15%₹ 10,215 3.46%₹ 10,346 6.35%₹ 10,635 6.67%₹ 12,427 3.89%₹ 10,792 4.72%₹ 25,187 5.18%₹ 11,639 4.50%₹ 38,550 6.83%₹ 13,915 5.75%₹ 69,379 - -

Portfolio Holdings

Portfolio holdings pattern of UTI Corporate Bond Fund as on 08 Jun 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    189.50%
  • Others Holdings:

    10.50%

Top Debt Instrument Type holdings of UTI Corporate Bond Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 140.40% ₹ 4,570.07 Cr.
GOI 24.54% ₹ 798.05 Cr.
CD 19.48% ₹ 634.01 Cr.
T-Bills 4.48% ₹ 145.42 Cr.
CP 0.60% ₹ 19.39 Cr.
Others -89.50% -

Top Debt Holdings of UTI Corporate Bond Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 24.54% ₹ 798.05 Cr.
Bond - Rural Electrification Corporation Limited 18.30% ₹ 595.52 Cr.
Bond - Power Finance Corporation Ltd. 15.94% ₹ 518.99 Cr.
Bond - National Housing Bank 15.24% ₹ 495.57 Cr.
Bond - Housing Development Finance Corporation Ltd. 13.12% ₹ 427.33 Cr.
Others 12.86%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 5.43%
TREPS 5.03%
Margin 0.04%