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Union Medium Duration Fund Direct IDCW

Debt
Medium Duration
Moderate Risk
Payout
0.29%
1M return
+0.07% 1D
1M
6M
1Y
All
NAV: 30 Jun 2022₹10.51
Min. SIP amountNA
Rating2
Fund size₹196.80Cr

Returns and rankings

Category: Debt Medium Duration
Absolute returns
3M6M1YAll
Fund returns-2.0%-1.3%1.3%5.1%
Category averageNANA6.2%NA
Rank with in category191916NA
Understand terms

Holdings (14)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec16.8%
GOI
SovereignGOI Sec14.0%
GOI
SovereignGOI Sec9.8%
Housing Development Finance Corpn. Ltd.FinancialDebenture9.6%
NHPC Ltd.
EnergyNCD7.4%
Power Finance Corporation Ltd.FinancialNCD7.0%
GOI
SovereignGOI Sec6.1%
Muthoot Finance Ltd.FinancialDebenture4.8%
Bajaj Finance Ltd.FinancialDebenture4.8%
Sundaram Finance Ltd.
FinancialDebenture4.7%
See All

Expense ratio, exit load and tax

Expense ratio: 0.59%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 15 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Anindya Sarkar
Aug 2020 - 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

Fund house & investment objective

Fund house contact details

Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
022-67483300 / 1800-200-2268
Launch Date
30 Dec 2009
Website
NA
Amc Image
Union Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

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FAQs

How to Invest in Union Medium Duration Fund Direct IDCW?

You can easily invest in Union Medium Duration Fund Direct IDCW 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 Medium Duration Fund Direct IDCW 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 Medium Duration Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union Medium Duration Fund Direct IDCW provide?

The Union Medium Duration Fund Direct IDCW has been there from 14 Sep 2020 and the average annual returns provided by this fund is 1.32% since its inception.

How much expense ratio is charged by Union Medium Duration Fund Direct IDCW?

The term Expense Ratio used for Union Medium Duration Fund Direct IDCW 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 Medium Duration Fund Direct IDCW is 0.59% as of 01 Jul 2022...

What is the AUM of Union Medium Duration Fund Direct IDCW?

The AUM, short for Assets Under Management of Union Medium Duration Fund Direct IDCW is ₹196.80Cr as of 01 Jul 2022.

How to Redeem Union Medium Duration Fund Direct IDCW?

If you want to sell your Union Medium Duration Fund Direct IDCW 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 Medium Duration Fund Direct IDCW?

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

What is the NAV of Union Medium Duration Fund Direct IDCW?

The NAV of Union Medium Duration Fund Direct IDCW is ₹10.51 as of 30 Jun 2022.

What is the PE and PB ratio of Union Medium Duration Fund Direct IDCW?

The PE ratio ratio of Union Medium Duration Fund Direct IDCW 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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