Union Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
7.21%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
All
NAV: 11 Jul 2025₹1,271.29
Min. SIP amount₹500
Rating1
Fund size₹182.37Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (15)

NameSectorInstrumentAssets
Bank Of Baroda
FinancialCD8.01%
Kotak Mahindra Bank Ltd.
FinancialCD7.89%
Axis Bank Ltd.
FinancialCD7.89%
Punjab National Bank
FinancialCD7.88%
Aditya Birla Capital Ltd.
FinancialCP7.85%
Reserve Bank of India
FinancialT-Bills5.43%
Axis Finance Ltd.
FinancialCP5.42%
Reserve Bank of India
FinancialT-Bills5.36%
Bank of India
FinancialCD5.35%
LIC Housing Finance Ltd.
FinancialCP5.33%
Canara Bank
FinancialCD5.33%
HDFC Bank Ltd.
FinancialCD5.26%
Small Industries Devp. Bank of India Ltd.
FinancialCP5.24%
Cholamandalam Investment and Finance Company Ltd.
FinancialCP5.15%
Canara Bank
FinancialCD2.63%
See All

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.9%7.2%6.4%
Category averageNA7.8%7.2%NA
Rank with in categoryNA2120NA
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Peer Comparison

Expense ratio, exit load and tax

Expense ratio: 0.16%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Fund management

Devesh Thacker
Aug 2021 - Present
View details

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) 6748 3300
Launch Date
30 Dec 2009
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,

Pros and cons

Category: Debt Money Market

Pros

Consistently higher annualised returns than category average for the past 1Y and 3Y
Exit load is zero
Lower expense ratio: 0.16%

Cons

Low rating: 1

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