|Min SIP Amount||Not Supported|
|NAV||₹1010.71 (18 Jan 2019)|
|Fund Started||24 Apr 2012|
|Fund Size||₹16 Cr|
|ICICI Bank Ltd.||Financial||CD||8.3%|
|Kotak Mahindra Bank Ltd.||Financial||CD||8.3%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||8.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||8.1%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||5.7%|
|LIC Housing Finance Ltd.||Financial||Debenture||5.6%|
Union Short Term Fund IDCW Monthly is a Debt Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 24 Apr 2012. Devesh Thacker is the Current Fund Manager of Union Short Term Fund IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹16 Cr and the Latest NAV as of 18 Jan 2019 is ₹1010.71.
The Union Short Term Fund IDCW Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 500.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.