| Launch date | 26 Jun 2025 |
| Allotment date | 10 Jul 2025 |
| End date | 10 Jul 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.25%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Anindya SarkarAug 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #27 in India |
|---|---|
| Total AUM | ₹26,541.09Cr |
| Date of Incorporation | 30 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 ₹26,541 Cr and the Latest NAV as of 16 Dec 2025 is ₹10.25. 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. ;
Investment Objective
The 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. ;
| Fund benchmark | NIFTY Low Duration Debt Index A-I |
|---|
Fund house contact details
Peer Comparison
| Debt, Low Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Mahindra Manulife Low Duration Fund Direct Growth | 4 | 7.7% | 7.7% | 613.76 |
Mirae Asset Low Duration Fund Direct Growth | 4 | 7.8% | 7.7% | 2,842.13 |
Sundaram Low Duration Fund Direct Growth | 5 | 7.6% | 7.7% | 382.90 |
LIC MF Low Duration Fund Direct Growth | 5 | 7.6% | 7.5% | 1,986.91 |
Tata Treasury Advantage Direct Plan Growth | 4 | 7.5% | 7.5% | 3,655.75 |