Name: Union Short Term Fund IDCW Fortnightly
Brand: Union Mutual Fund

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Union Short Term Fund IDCW Fortnightly
Debt
Short Duration
Moderately Low Risk
6.26%
1Y return
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 18 Jan 2019₹1,009.03
Min. SIP amountNA
RatingNA
Fund size₹15.91 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.3%6.2%7.2%7.7%
Category average4.3%6.4%6.4%NA
Rank with in category14NANANA
Understand termsinfo
Understand termsExpense ratioA 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.
TaxA 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 loadA 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 dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Mar 2019 - Present
0.44%
31 Dec 2018 - 31 Mar 2019
0.45%
30 Nov 2018 - 31 Dec 2018
0.45%
31 Oct 2018 - 30 Nov 2018
0.45%
30 Sep 2018 - 31 Oct 2018
0.40%
31 Aug 2018 - 30 Sep 2018
0.40%
31 Jul 2018 - 31 Aug 2018
0.40%
30 Jun 2018 - 31 Jul 2018
0.40%
31 May 2018 - 30 Jun 2018
0.40%
30 Apr 2018 - 31 May 2018
0.40%
31 Mar 2018 - 30 Apr 2018
0.35%
28 Feb 2018 - 31 Mar 2018
0.34%
31 Jan 2018 - 28 Feb 2018
0.34%
31 Dec 2017 - 31 Jan 2018
0.34%
30 Nov 2017 - 31 Dec 2017
0.34%
31 Oct 2017 - 30 Nov 2017
0.34%
Expense ratio, exit load and taxExpense ratio: 0.44%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementDevesh Thacker
Apr 2012 - Present
View details
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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
Union Liquid Fund Growth
Union Liquid Fund IDCW Monthly
Union Dynamic Bond Fund Growth
Union Dynamic Bond Fund IDCW
Union Short Term Fund IDCW Fortnightly
Union Short Term Fund Growth
Union Short Term Fund IDCW Monthly
Union Liquid Fund Direct Growth
Union Dynamic Bond Fund Direct Growth
Union Short Term Fund Direct Growth
Union Arbitrage Fund Regular  Growth
Union Arbitrage Fund Regular IDCW
Union Arbitrage Fund Direct Growth
Fund house & investment objective
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Union Mutual Fund
Rank (total assets)#27 in India
Total AUM5,207.10 Cr
Date of Incorporation23 Mar 2011
Union Short Term Fund IDCW Fortnightly is a Debt Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 23 M
Union Short Term Fund IDCW Fortnightly is a Debt Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 23 Mar 2011. Devesh Thacker is the Current Fund Manager of Union Short Term Fund IDCW Fortnightly fund. The fund currently has an Asset Under Management(AUM) of ₹5,207 Cr and the Latest NAV as of 18 Jan 2019 is ₹1,009.03.
The Union Short Term Fund IDCW Fortnightly is rated Moderately Low risk. ...Read more
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 mar
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.
...Read more
Fund benchmarkCRISIL Short-Term Bond Index
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Unit 802, 8th Floor, Tower ‘A’, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel (West) Mumbai - 400013
Phone
022-24833300
Launch Date
23 Mar 2011
E-mail
[email protected]
Website
NA
Union Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	6.3%	6.2%	7.2%	7.7%
Category average	4.3%	6.4%	6.4%	NA
Rank with in category	14	NA	NA	NA

Rating	NA
Fund size	₹15.91 Cr

Rank (total assets)	#27 in India
Total AUM	5,207.10 Cr