• 1 Year Returns: 3.21%
• 3 Year Returns: 6.75%
• 5 Year Returns: 5.77%

• Public Banks | 25.95%
• Consumer Finance | 21.40%
• Home Financing | 15.80%
• G-Sec | 10.30%
• Specialized Finance | 8.92%

• Small Industries Development Bank of India | 9.16%
• Bajaj Housing Finance Ltd.** | 8.65%
• TREPS | 6.60%
• National Bank for Agriculture and Rural Development | 5.37%
• Kotak Mahindra Prime Ltd.** | 5.34%

• Corporate Debt | 75.01%
• Government Securities | 10.30%
• Cash & Equivalents | 9.75%
• Certificate of Deposit | 4.25%
• N/A | 0.69%

The alpha ratio for the Union Corporate Bond Fund(IDCW-Reinv) is -0.06

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Union Corporate Bond Fund(IDCW-Reinv) is 1.60

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Union Corporate Bond Fund(IDCW-Reinv) is -0.77

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Union Corporate Bond Fund(IDCW-Reinv) is -0.09

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.