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Union Short Term Fund Growth+0.02%

6.26%
1 Year Return
Debt
Short Duration
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Union Short Term Fund Growth

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.44%
NAV₹1654.00 (18 Jan 2019)
Fund Started24 Apr 2012
Fund Size16 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.3%
6.3%
7.2%
7.8%
Category Average
7.0%
6.2%
6.5%
-
Rank Within Category
14
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 6.3% returns per annum

Comparison

Data not available
Pros
1. Age is more than 3 years
2. 5Y Returns are higher than the category average returns
3. Exit load is zero
Cons
1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 0.437776%
3. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
GOISovereignCGL19.8%
GOISovereignGOI Sec13.7%
ICICI Bank Ltd.FinancialCD8.3%
Kotak Mahindra Bank Ltd.FinancialCD8.3%
REC Ltd.FinancialDebenture8.2%
Small Industries Devp. Bank of India Ltd.FinancialDebenture8.2%
Housing Development Finance Corpn. Ltd.FinancialDebenture8.1%
Power Grid Corporation of India Ltd.EnergyBonds5.7%
LIC Housing Finance Ltd.FinancialDebenture5.6%

Union Short Term Fund Growth Details

Union Short Term Fund Growth is a Debt Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 24 Apr 2012. Devesh Thacker is the Current Fund Manager of Union Short Term Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹16 Cr and the Latest NAV as of 18 Jan 2019 is ₹1654.00.

The Union Short Term Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000.

Investment Objective

The Scheme seeks to provide regular income for their investment through an allocation of the investment corpus in a diversified portfolio of money market and debt instruments.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About Union Mutual Fund

Address
Unit 802, 8th Floor, Tower ‘A’, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel (West) Mumbai - 400013
Phone
022-24833300
Launch Date
23 Mar 2011
Union Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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