How to Invest in Union Gilt Fund Direct Growth?

You can easily invest in Union Gilt Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Union Gilt Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Union Gilt Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union Gilt Fund Direct Growth provide?

The Union Gilt Fund Direct Growth has been there from 08 Aug 2022 and the average annual returns provided by this fund is 1.36% since its inception.

How much expense ratio is charged by Union Gilt Fund Direct Growth?

The term Expense Ratio used for Union Gilt Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Union Gilt Fund Direct Growth is 0.65% as of 03 Feb 2026...

What is the AUM of Union Gilt Fund Direct Growth?

The AUM, short for Assets Under Management of Union Gilt Fund Direct Growth is ₹106.57Cr as of 03 Feb 2026.

How to Redeem Union Gilt Fund Direct Growth?

If you want to sell your Union Gilt Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Union Gilt Fund Direct Growth?

You can select either SIP or Lumpsum investment of Union Gilt Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Union Gilt Fund Direct Growth?

The NAV of Union Gilt Fund Direct Growth is ₹12.19 as of 02 Feb 2026.

What is the PE and PB ratio of Union Gilt Fund Direct Growth?

The PE ratio ratio of Union Gilt Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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Union Gilt Fund Direct Growth

Name: Union Gilt Fund Direct Growth
Brand: Union Mutual Fund

Debt

Gilt

Moderate Risk

+5.85%

3Y annualised

-0.93% 1D

All

NAV: 02 Feb '26

₹12.19

Min. SIP amount

₹500

Fund size

₹106.57 Cr

Expense ratio

0.65%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Historic returns	Returns
1 year	₹60,000	₹61,450		+2.42%
3 years	₹1,80,000	₹2,01,065		+11.70%

Holdings (3)

Name	Sector	Instruments	Assets
GOI	Sovereign	GOI Sec	68.18%
GOI	Sovereign	GOI Sec	22.94%
GOI	Sovereign	GOI Sec	4.68%

Minimum investments

Min. for 1st investment

₹1,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	6M	1Y	3Y	All
Fund returns	-1.8%	+1.4%	+5.8%	+5.8%
Category average (Debt Gilt)	+0.8%	+5.2%	+6.8%	--
Rank (Debt Gilt)	--	24	23	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	ICICI Prudential Gilt Fund Direct Plan Growth	+6.33%	+8.04%	9,181.38
	Baroda BNP Paribas Gilt Fund Direct Growth	+4.26%	+7.28%	1,183.68
	Tata Gilt Securities Fund Direct Growth	+3.98%	+7.25%	1,246.79
	HDFC Gilt Fund Direct Growth	+4.32%	+7.00%	2,914.19
	Franklin India Government Securities Fund Direct Growth	+5.10%	+6.36%	186.64
Compare

Fund management

PA
Parijat Agrawal
Jul 2022 - Present
View details

Education

Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.

Experience

Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.

Also manages these schemes

Union Equity Savings Fund Direct Growth

Union Children's Fund Direct Growth

Union Corporate Bond Fund Direct Growth

Union Dynamic Bond Fund Direct Growth

Union Gilt Fund Direct Growth

Union Liquid Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

Union Money Market Fund Direct Growth

AS
Anindya Sarkar
Jul 2022 - Present
View details

Education

Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM

Experience

Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.

Also manages these schemes

Union Income Plus Arbitrage Active FoF Direct Growth

Union Low Duration Fund Direct Growth

Union Fixed Maturity Plan Series 13 (1114 Days) Direct Growth

Union Short Duration Fund Direct Growth

Union Corporate Bond Fund Direct Growth

Union Gilt Fund Direct Growth

Union Multi Asset Allocation Fund Direct Growth

About Union Gilt Fund Direct Growth

Union Gilt Fund Direct Growth is a Debt Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Parijat Agrawal is the Current Fund Manager of Union Gilt Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹24,759 Cr and the Latest NAV as of 02 Feb 2026 is ₹12.19. The Union Gilt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;