A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Past data
31 Mar 2019 - Present
0.29%
31 Dec 2018 - 31 Mar 2019
0.30%
30 Nov 2018 - 31 Dec 2018
0.30%
31 Oct 2018 - 30 Nov 2018
0.30%
30 Sep 2018 - 31 Oct 2018
0.25%
31 Aug 2018 - 30 Sep 2018
0.25%
31 Jul 2018 - 31 Aug 2018
0.25%
30 Jun 2018 - 31 Jul 2018
0.25%
31 May 2018 - 30 Jun 2018
0.25%
30 Apr 2018 - 31 May 2018
0.25%
31 Mar 2018 - 30 Apr 2018
0.25%
28 Feb 2018 - 31 Mar 2018
0.25%
31 Jan 2018 - 28 Feb 2018
0.25%
31 Dec 2017 - 31 Jan 2018
0.25%
30 Nov 2017 - 31 Dec 2017
0.25%
31 Oct 2017 - 30 Nov 2017
0.25%
NAV: 18 Jan '19
₹1,663.25
Min. SIP amount
Not Supported
Fund size
₹15.91 Cr
Expense ratio
0.29%
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
Name
1Y
3Y
5Y
All
Fund returns
+6.4%
+6.3%
+7.3%
+7.6%
Category average (Debt Short Term)
+7.4%
+7.1%
+5.9%
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Rank (Debt Short Term)
26
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit Load
21 Mar 2013
NA
01 Jan 2013
Exit load of 0.25% if redeemed within 3 days.
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
About Union Short Term Fund Direct Growth
Union Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. The fund currently has an Asset Under Management(AUM) of ₹24,759 Cr and the Latest NAV as of 18 Jan 2019 is ₹1,663.25.
The Union Short Term Fund Direct Growth is rated Moderately Low risk.
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Investment Objective
The Scheme seeks to provide regular income for their investment through an allocation of the investment corpus in a diversified portfolio of money market and debt instruments.