| Investment Objective The investment objective of the scheme is to generate optimal returns by investing predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objective of the scheme will be realized. The Scheme does not guarantee / indicate any returns. |
|
| Inception Date |
8th August, 2018 |
| Fund Manager |
Mr. Anurag Mittal, Deputy Head- Fixed Income & Fund Manager: C.A., Msc in Accounting & Finance, London School of Economics, UK Managing the scheme since Dec 2021 |
| Fund AUM |
Fund size monthly average : 3116.04 Crore Closing AUM : 3124.42 Crore |
| High/Low NAV in the month |
High Growth Option : 14.6028 Low Growth Option : 14.5121 |
Total expense ratio (%) |
Regular : 0.58 Direct : 0.28 |
Minimum Investment Amount |
Minimum initial investment under Growth option is Rs.500/- and in multiples of Re.1/-. & under IDCW option is Rs.20,000/- and in multiples of Re.1/- |
Plans/Options
(Regular / Direct) |
Growth Option Quarterly IDCW Option Half Yearly IDCW Option Annual IDCW Option Flexi IDCW Option both payout & reinvestment facilities |
| Portfolio Parameters | Weighted Average Maturity :3.73 Yrs Yield to Maturity* : 7.67% Modified Duration : 2.77 Yrs Macaulay Duration : 2.93 Yrs *Annualized Portfolio YTM – Yields of all securities are annualized |
Load Structure |
Entry Load : Nil Exit Load : Nil |
NAV per unit as on 31st January, 2024 |
Regular Growth Option 14.6028 Regular IDCW Option 12.8585 Direct Growth Option 14.8583 Direct IDCW Option 13.0958 |
| Options Available | SIP & SWP |
Benchmark Index |
CRISIL Corporate Bond B-II Index |
| SIP/SWP/STRIP |  |
| Fund Size | 3116.04 Crore (Monthly Average as on 31/1/2024) |
UTI Corporate Bond Fund |
||||||
Year |
IDCW |
Per unt |
NAV (Cum Div ) |
Face Value (per unit) |
NAV Date |
Record Date |
2019 |
1.00% |
0.1000 |
10.3906 |
10.00 |
18-03-2019 |
25-03-2019 |
2019 |
1.00% |
0.100 |
10.6154 |
10.00 |
20-06-2019 |
27-06-2019 |
2019 |
2.00% |
0.200 |
10.8035 |
10.00 |
18-09-2019 |
25-09-2019 |
2019 |
1.00% |
0.100 |
10.8624 |
10.00 |
19-12-2019 |
26-12-2019 |
2020 |
0.50% |
0.050 |
10.8026 |
10.00 |
19-03-2019 |
26-03-2020 |
2020 |
1.00% |
0.100 |
11.3735 |
10.00 |
17-06-2020 |
24-06-2020 |
2020 |
1.00% |
0.100 |
11.5203 |
10.00 |
16-09-2020 |
23-09-2020 |
2020 |
1.00% |
0.100 |
11.6996 |
10.00 |
14-12-2020 |
21-12-2020 |
2021 |
0.75% |
0.075 |
11.4847 |
10.00 |
16-06-2021 |
23-06-2021 |
2021 |
1.50% |
0.150 |
11.5750 |
10.00 |
15-09-2021 |
22-09-2021 |
2021 |
1.75% |
0.075 |
11.4923 |
10.00 |
16-12-2021 |
23-12-2021 |
2022 |
2.50% |
0.250 |
11.4110 |
10.00 |
15-03-2022 |
22-03-2022 |
The scheme IDCW details under regular plan.
Disclaimer:Pursuant to payment of Dividend/Bonus, the Nav of the income distribution cum capital withdrawal options of the schemes would fall to the extent of payout and statutory levy (if applicable)
Portfolio |
% of Nav |
Rating |
| CP / CDs | ||
| Kotak Mahindra Bank Ltd. | 0.80 |
CRISIL AAA/A1+ |
| Govt Securities | ||
| 07.18% GSEC MAT -14/08/2033 | 13.63 |
SOV |
| 7.38% GSEC 20/06/2027 | 1.29 |
SOV |
| 7.66% HARYANA SDL MAT - 23/03/2029 | 0.96 |
SOV |
| 07.32% GSEC MAT -13/11/2030 | 0.81 |
SOV |
| 07.18% GSEC MAT -24/07/2037 | 0.80 |
SOV |
| IGB- CPN STRIPS-MAT-12/09/2024 | 0.77 |
SOV |
| 8.24% G-SEC 15/02/2027 | 0.66 |
SOV |
| GS - C STRIP MAT- 16/06/2027 | 0.51 |
SOV |
| 8.15% TN SDL MAT - 09/05/28 | 0.33 |
SOV |
| GS - C STRIP MAT- 15/06/2027 | 0.26 |
SOV |
| GS - C STRIP MAT- 15/12/2027 | 0.22 |
SOV |
| 5.74% GS 2026-MAT-15/11/2026 | 0.15 |
SOV |
| GOI FRB - MAT 22/09/2033 | 0.02 |
SOV |
| Long Term Debt | ||
| Small Industries Development Bank Of India | 9.21 |
CARE AAA/A1+ |
| Power Finance Corporation Ltd. | 9.08 |
CRISIL AAA/A1+ |
| National Bank For Agriculture And Rural Development | 8.74 |
CRISIL AAA/A1+ |
| Indian Railway Finance Corporation Ltd. | 8.62 |
CRISIL AAA/A1+ |
| REC Ltd | 7.97 |
CRISIL AAA/A1+ |
| National Housing Bank | 4.95 |
CRISIL AAA/A1+ |
| HDFC Bank Ltd. | 4.70 |
CRISIL AAA/A1+ |
| Larsen And Toubro Ltd. | 3.99 |
CRISIL AAA/A1+ |
| LIC Housing Finance Ltd. | 3.91 |
CRISIL AAA/A1+ |
| Summit Digitel Infrastructure Ltd | 2.34 |
CRISIL AAA/A1+ |
| Export Import Bank Of India | 1.29 |
CRISIL AAA/A1+ |
| NTPC Ltd. | 1.08 |
CRISIL AAA/A1+ |
| ICICI Bank Ltd | 0.95 |
ICRA AAA/A1+ |
| Bajaj Finance Ltd. | 0.80 |
CRISIL AAA/A1+ |
| India Grid Trust | 0.80 |
CRISIL AAA/A1+ |
| NHPC Ltd. | 0.03 |
ICRA AAA/A1+ |
| Corporate Debt Market Development Fund | ||
| Corporate Debt Market Devt Fund - A2 Units | 0.25 |
|
| Net Current assets | 10.05 |
|
Total |
100.00 |
| Fund Performance Vs Benchmark (CAGR) as on 31st January, 2024 Growth of 10000 |
||||||
| Period | NAV Growth (%) |
CRISIL Corporate Bond B-II Index (%) |
CRISIL 10 Year Gilt Index (%) |
NAV Growth () |
CRISIL Corporate Bond B-II Index () |
CRISIL 10 Year Gilt () |
| 1 Y | 7.11 |
7.82 |
8.25 |
10,711 |
10,782 |
10,825 |
| 3 Y | 4.84 |
5.77 |
3.39 |
11,523 |
11,833 |
11,052 |
| 5 Y | 7.16 |
7.49 |
5.98 |
14,133 |
14,352 |
13,372 |
| SI* | 7.15 |
7.53 |
6.50 |
14,605 |
14,891 |
14,126 |
Different plans have a different expense structure. The performance details provided herein are of regular plan.
The current fund manager is managing the scheme since August 2018.
*Compounded annualized Growth Rate.
For performance details of other Schemes managed by the Fund Manager, please refer the respective Scheme sheets as listed in Please click here in ‘Fund Manager Summary’.
Schemes Managed by Mr. Anurag Mittal. Load is not taken into consideration for computation of performance.
| Period | |||||||
|
Investment Amount ()
|
Value- Fund
() |
CRISIL Corporate
Bond Fund B-II Index () |
CRISIL 10 Year
Gilt Index () |
Yield (%) Fund
|
Yield (%)
CRISIL Corporate Bond Fund B-II Index |
Yield (%)
CRISIL 10 Year Gilt Index |
|
| 1 Y | 120,000 |
124,458 |
124,865 |
124,901 |
6.94 |
7.58 |
7.63 |
3 Y |
360,000 |
391,926 |
396,807 |
390,039 |
5.59 |
6.42 |
5.27 |
| 5 Y | 600,000 |
696,875 |
710,218 |
678,251 |
5.92 |
6.68 |
4.85 |
SI |
640,000 |
754,658 |
768,852 |
733,365 |
6.11 |
6.81 |
5.05 |
Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account. Past performance may or may not be sustained in future.
*Investors should consult their Mutual Fund Distributor if in doubt about whether the product is suitable for them.:
- Optimal returns over the medium to long term
- To invest predominantly in AA+ and above rated corporate debt
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
