1M
6M
1Y
3Y
All
| NAV: 31 Mar 2025 | ₹1,242.02 |
| Min. SIP amount | ₹500 |
| Rating | 1 |
| Fund size | ₹188.75Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
6 months
1 year
3 years
Total investment of ₹30,000
Would have become ₹30,488 (+1.63%)
Holdings (18)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Money Mkt | 7.92% |
IDFC First Bank Ltd. | Financial | CD | 7.81% |
Bank Of Baroda | Financial | CD | 5.29% |
Kotak Mahindra Bank Ltd. | Financial | CD | 5.29% |
Indian Bank | Financial | CD | 5.29% |
Punjab National Bank | Financial | CD | 5.29% |
Export-Import Bank Of India | Financial | CD | 5.28% |
ICICI Securities Ltd. | Financial | CP | 5.28% |
Aditya Birla Finance Ltd. | Financial | CP | 5.28% |
National Bank For Agriculture & Rural Development | Financial | CD | 5.27% |
Indusind Bank Ltd. | Financial | CD | 5.19% |
Reserve Bank of India | Financial | T-Bills | 5.12% |
Axis Finance Ltd. | Financial | CP | 5.10% |
Reserve Bank of India | Financial | T-Bills | 5.05% |
Bank of India | Financial | CD | 5.01% |
LIC Housing Finance Ltd. | Financial | CP | 4.99% |
Canara Bank | Financial | CD | 4.99% |
Muthoot Finance Ltd. | Financial | CP | 2.64% |
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
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 7.5% | 6.8% | 6.2% |
| Category average | NA | 7.4% | 6.7% | NA |
| Rank with in category | NA | 21 | 15 | NA |
Understand terms
Peer Comparison
| Debt, Money Market funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Tata Money Market Fund Direct Growth | 5 | 8.0% | 7.2% | 28,157.29 |
Aditya Birla Sun Life Money Manager Fund Direct Growth | 5 | 7.9% | 7.1% | 26,752.16 |
Nippon India Money Market Fund Direct Growth | 4 | 7.9% | 7.1% | 16,856.31 |
HDFC Money Market Fund Direct Plan Growth | 4 | 7.9% | 7.1% | 27,399.00 |
Kotak Money Market Fund Direct Growth | 4 | 7.8% | 7.1% | 27,942.82 |
Expense ratio, exit load and tax
Expense ratio: 0.19%
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
Parijat AgrawalAug 2021 - PresentView details
Parijat Agrawal
Aug 2021 - 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
Devesh ThackerAug 2021 - PresentView details
Devesh Thacker
Aug 2021 - Present
View details
Education
Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.
Experience
Prior to joining Union AMC in 2011 he has worked with Sahara AMC.
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) 6748 3300
Launch Date
30 Dec 2009
E-mail
investorcare@unionmf.comWebsite
www.unionmf.com
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,
Email
enq_h@camsonline.comWebsite
www.camsonline.comPros 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: 0.19%
Cons
Low rating: 1
Compare funds
Union Money Market Fund Direct Growth
VS
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