How to Invest in Union Money Market Fund Direct IDCW Monthly?

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

What kind of returns does Union Money Market Fund Direct IDCW Monthly provide?

The Union Money Market Fund Direct IDCW Monthly has been there from 26 Aug 2021 and the average annual returns provided by this fund is 7.44% since its inception.

How much expense ratio is charged by Union Money Market Fund Direct IDCW Monthly?

The term Expense Ratio used for Union Money Market Fund Direct IDCW Monthly 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 Money Market Fund Direct IDCW Monthly is 0.16% as of 30 Oct 2025...

What is the AUM of Union Money Market Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Union Money Market Fund Direct IDCW Monthly is ₹215.23Cr as of 30 Oct 2025.

How to Redeem Union Money Market Fund Direct IDCW Monthly?

If you want to sell your Union Money Market Fund Direct IDCW Monthly 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 Money Market Fund Direct IDCW Monthly?

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

What is the NAV of Union Money Market Fund Direct IDCW Monthly?

The NAV of Union Money Market Fund Direct IDCW Monthly is ₹1,009.26 as of 29 Oct 2025.

What is the PE and PB ratio of Union Money Market Fund Direct IDCW Monthly?

The PE ratio ratio of Union Money Market Fund Direct IDCW Monthly 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).

Name	Sector	Instrument	Assets
Indian Bank	Financial	CD	9.20%
National Bank For Agriculture & Rural Development	Financial	CP	9.19%
Bank Of Baroda	Financial	CD	6.89%
Kotak Mahindra Bank Ltd.	Financial	CD	6.79%
Axis Bank Ltd.	Financial	CD	6.79%
Punjab National Bank	Financial	CD	6.78%
Aditya Birla Capital Ltd.	Financial	CP	6.76%
Bank of India	Financial	CD	4.60%
HDFC Bank Ltd.	Financial	CD	4.60%
LIC Housing Finance Ltd.	Financial	CP	4.59%
Infina Finance Pvt. Ltd.	Financial	CP	4.59%
Reserve Bank of India	Financial	T-Bills	4.54%
Reserve Bank of India	Financial	T-Bills	4.53%
HDFC Bank Ltd.	Financial	CD	4.52%
Small Industries Devp. Bank of India Ltd.	Financial	CP	4.51%
ICICI Securities Ltd.	Financial	CP	4.51%
Cholamandalam Investment and Finance Company Ltd.	Financial	CP	4.44%
Reserve Bank of India	Financial	T-Bills	2.30%

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

	6M	1Y	3Y	All
Fund returns	NA	7.4%	7.3%	6.3%
Category average	NA	7.4%	7.3%	NA
Rank with in category	NA	22	21	NA

Debt, Money Market funds	Rating	1Y	3Y	Fund Size(Cr)
Union Money Market Fund Direct IDCW Monthly	1	7.4%	7.3%	215.23
Bajaj Finserv Money Market Fund Direct IDCW Monthly	3	7.8%	NA	5,177.96

Rank (total assets)	#27 in India
Total AUM	₹20,541.27Cr

Union Money Market Fund Direct IDCW Monthly

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Holdings (18)

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Expense ratio, exit load and tax

Expense ratio: 0.16%

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Parijat AgrawalAug 2021 - PresentView details

Devesh ThackerAug 2021 - PresentView details

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Parijat Agrawal
Aug 2021 - Present
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Devesh Thacker
Aug 2021 - Present
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