|Min SIP Amount||Not Supported|
|NAV||₹1654.00 (18 Jan 2019)|
|Fund Started||24 Apr 2012|
|Fund Size||₹16 Cr|
|ICICI Bank Ltd.||Financial||CD||8.3%|
|Kotak Mahindra Bank Ltd.||Financial||CD||8.3%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||8.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||8.1%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||5.7%|
|LIC Housing Finance Ltd.||Financial||Debenture||5.6%|
Union Short Term Fund Growth is a Debt Mutual Fund Scheme launched by Union KBC 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.
To provide reasonable returns commensurate with low to moderate risk and high level of liquidity through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be achieved.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.