Union Low Duration Fund Direct Growth

Union Low Duration Fund Direct Growth
Debt
Low Duration
Low to Moderate Risk
Launch date26 Jun 2025
Allotment date17 Jul 2025
End date10 Jul 2025
NAV₹10.00
NFO will close in 2 days
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
Exit load
26 Jun 2025
NA
Expense ratio, exit load and taxExpense ratio: NAInclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementParijat Agrawal
Jun 2025 - 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
Union Liquid Fund Direct Growth
Union Dynamic Bond Fund Direct Growth
Union Asset Allocation Fund Direct Growth
Union Balanced Advantage Fund Direct Growth
Union Corporate Bond Fund Direct Growth
Union Equity Savings Fund Direct Growth
Union Medium Duration Fund Direct Growth
Union Aggressive Hybrid Fund Direct Growth
Union Money Market Fund Direct Growth
Union Gilt Fund Direct Growth
Union Low Duration Fund Direct Growth
Devesh Thacker
Jun 2025 - 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
Union Liquid Fund Direct Growth
Union Dynamic Bond Fund Direct Growth
Union Short Term Fund Direct Growth
Union Arbitrage Fund Direct Growth
Union Overnight Fund Direct Growth
Union Money Market Fund Direct Growth
Union Fixed Maturity Plan Series 13 (1114 Days) Direct Growth
Union Low Duration Fund Direct Growth
Fund house & investment objective
Union Mutual Fund
Rank (total assets)#27 in India
Total AUM₹21,086.11Cr
Date of Incorporation30 Dec 2009
    Union Low Duration 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.     Parijat Agrawal is the Current Fund Manager of Union Low Duration Fund Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹21,086 Cr and     the Latest NAV as of 26 Jun 2025 is ₹10.00.  

    The Union Low Duration Fund Direct Growth is rated Low to Moderate risk.     Minimum SIP Investment is set to ₹500.     Minimum Lumpsum Investment is ₹1,000.     
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Investment ObjectiveThe scheme seeks to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns such that the Macaulay Duration of the portfolio is between 6 months to 12 months. 
 
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Fund benchmarkNIFTY Low Duration Debt Index A-I
Scheme Information Document(SID)
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
 [email protected]
Website
www.unionmf.com
Peer ComparisonDebt, Low Duration fundsRating1Y3YFund Size(Cr)
Aditya Birla Sun Life Low Duration Fund Direct Growth
4
8.6%7.8%13,528.18
Axis Treasury Advantage Fund Direct Growth
4
8.6%7.7%6,599.64
Sundaram Low Duration Fund Direct Growth
5
8.7%7.7%398.40
SBI Magnum Low Duration Fund Direct Plan Growth
4
8.4%7.6%14,729.39
LIC MF Low Duration Fund Direct Growth
5
8.4%7.4%2,100.35

Rank (total assets)	#27 in India
Total AUM	₹21,086.11Cr

Date of Incorporation	30 Dec 2009

Fund benchmark	NIFTY Low Duration Debt Index A-I

Debt, Low Duration funds	Rating	1Y	3Y	Fund Size(Cr)
Aditya Birla Sun Life Low Duration Fund Direct Growth	4	8.6%	7.8%	13,528.18
Axis Treasury Advantage Fund Direct Growth	4	8.6%	7.7%	6,599.64
Sundaram Low Duration Fund Direct Growth	5	8.7%	7.7%	398.40
SBI Magnum Low Duration Fund Direct Plan Growth	4	8.4%	7.6%	14,729.39
LIC MF Low Duration Fund Direct Growth	5	8.4%	7.4%	2,100.35