Union Short Duration Fund Direct Growth
NAV as on 15-04-2025
₹ 10.23
▲0.1%
1D
Inception Returns
2.3%
/yr
Historical NAV & Returns
About Union Short Duration Fund Direct Growth
Union Short Duration Fund Direct Growth is a debt fund. This fund was started on 31 January, 2025. The fund is managed by Anindya Sarkar. This fund is suitable to keep your money safe.
Key Parameters
- Union Short Duration Fund Direct Growth has ₹543 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Union Short Duration Fund Direct Growth has given a CAGR return of 2.33% since inception.
Holdings
Union Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.04% Govt Stock 2029, Larsen And Toubro Limited, HDFC Bank Limited, Jamnagar Utilities And Power Private Limited, Small Industries Development Bank Of India
Taxation
As it is a short duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Union Short Duration Fund Direct Growth
The Scheme is an actively managed Scheme with an investment objective 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. There is no assurance that the investment objective of the Scheme will be achieved
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Short Duration Fund Direct Growth has no lock in period.
Union Short Duration Fund Direct Growth Overview
| Expense ratio | 0.33% |
Benchmark | CRISIL Short Duration Debt A-II TR INR |
| AUM | ₹543 Cr |
| Inception Date | 31 January, 2025 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low Risk |
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.04% Govt Stock 2029 | 6.59% | -12.5% | |
Larsen And Toubro Limited | 4.77% | 0% | |
HDFC Bank Limited | 4.72% | 100% | |
Jamnagar Utilities And Power Private Limited | 4.67% | 0% | |
Indian Railway Finance Corporation Limited | 4.65% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Union Short Duration Fund Direct Growth | - | - | - | 2.33% |
 Bank of India Short Term Income Fund Direct Plan Growth | 10.71% | 9.85% | 8.74% | 6.96% |
 Kotak Bond Short Term Plan Direct Growth | 9.71% | 7.55% | 7.23% | 8.14% |
 Mahindra Manulife Short Duration Fund Direct Growth | 9.63% | 7.57% | - | 6.72% |
Union Short Duration Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹543 Cr
Expense Ratio 0.33%
More funds from Union
1Y CAGR
▲ 11.33
5Y CAGR
▲ 6.18
5Y CAGR
▲ 6.77
3Y CAGR
▲ 6.93
5Y CAGR
▲ 5.56
Frequently Asked Questions for Union Short Duration Fund Direct Growth
Union Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.71% | 1.71% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |