Sharpe ratio
-0.03Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.73%1Y Absolute Return
+0.01%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Union Money Market Fund - Direct Plan - Growth OptionFund 5Y annualised return | ₹8,58,466 | ₹7,32,612 | ₹1,25,854 | +6.57% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age5.2 yrs
Fund information
Scheme code149117
ISININF582M01HG5
BenchmarkCRISIL Money Market A-I Index
CategoryDebt Scheme - Money Market Fund
Expense ratio0.19%
Exit loadNil
Minimum SIP₹500 SIP
Return comparison
1st / 186 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.42% | — | — |
| 3M | +5.99% | — | — |
| 6M | +7.21% | — | — |
| 1Y | +6.73% | — | +2.65% |
| 3Y | +7.18% | — | +3.43% |
| 5Y | +6.57% | — | +3.19% |
| Since Launch | +6.42% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-0.16Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
0.47%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
52.58How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio114%
Debt114.12%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 39 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 18MAR27 | Financial | Certificate of Deposit | 7.31% |
| BANK OF BARODA CD 08MAR27 | Financial | Certificate of Deposit | 6.55% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 04DEC26 | Financial | Certificate of Deposit | 4.97% |
| INDIAN BANK CD 04DEC26 | Financial | Certificate of Deposit | 4.97% |
| HDFC BANK LIMITED CD 14DEC26 | Financial | Certificate of Deposit | 4.96% |
| AXIS BANK LIMITED CD 12FEB27 | Financial | Certificate of Deposit | 4.91% |
| THE FEDERAL BANK LIMITED CD 04MAR27 | Financial | Certificate of Deposit | 4.89% |
| CANARA BANK CD 04MAR27 | Financial | Certificate of Deposit | 4.89% |
| HDFC BANK LIMITED CD 09MAR27 | Financial | Certificate of Deposit | 4.89% |
| LIC HOUSING FINANCE LTD 351D CP 11MAR27 | Financial | Commercial Paper | 4.88% |
Fund management
PA
Parijat Agrawal
Since 2021 · Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
DE
Devesh Thacker
Since 2021 · Prior to joining Union AMC in 2011 he has worked with Sahara AMC.
Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.
Compare similar funds
No comparable category funds are available yet.
Summary
A low to moderate-risk debt scheme - money market fund. NAV has been stable for its category — worst fall -0.12% with 0.5% volatility.
Strengths
- NAV has been stable for its category — worst fall -0.12% with 0.5% volatility.
- Same fund manager for 5+ years — the strategy has not chopped and changed.
- Ranks 1 of 186 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None