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Fund Overview
Fund Size
₹5,784 Cr
Expense Ratio
0.07%
ISIN
INF582M01674
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Union Liquid Direct Growth is a Liquid mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 12 years, 8 months and 14 days, having been launched on 01-Jan-13.
As of 14-Sep-25, it has a Net Asset Value (NAV) of ₹2573.48, Assets Under Management (AUM) of 5783.65 Crores, and an expense ratio of 0.07%.
As of 14-Sep-25, it has a Net Asset Value (NAV) of ₹2573.48, Assets Under Management (AUM) of 5783.65 Crores, and an expense ratio of 0.07%.
- Union Liquid Direct Growth has given a CAGR return of 6.54% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 2.56% in debts, and 97.27% in cash & cash equivalents.
- You can start investing in Union Liquid Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.98%
+6.00% (Cat Avg.)
3 Years
+7.11%
+6.30% (Cat Avg.)
5 Years
+5.73%
+5.05% (Cat Avg.)
10 Years
+5.87%
+5.26% (Cat Avg.)
Since Inception
+6.54%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2025
| Debt | ₹148.13 Cr | 2.56% |
| Others | ₹5,635.51 Cr | 97.44% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 91 Days Tbill (Md 28/08/2025) | Bond - Gov't/Treasury | ₹200 Cr | 3.46% |
| Treps | Cash - Repurchase Agreement | ₹181.18 Cr | 3.13% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹149.81 Cr | 2.59% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹149.58 Cr | 2.59% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹148.09 Cr | 2.56% |
| Indian Oil Corporation Ltd. | Cash - Commercial Paper | ₹124.64 Cr | 2.16% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹99.97 Cr | 1.73% |
| Reliance Jio Infocomm Ltd. | Bond - Corporate Bond | ₹99.78 Cr | 1.73% |
| Canara Bank | Cash - CD/Time Deposit | ₹99.73 Cr | 1.72% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹99.65 Cr | 1.72% |
| 91 Days Tbill Red 30-10-2025 | Bond - Gov't/Treasury | ₹99.13 Cr | 1.71% |
| Reliance Retail Ventures Ltd.** | Cash | ₹98.85 Cr | 1.71% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹98.85 Cr | 1.71% |
| Pnb Housing Finance Ltd.** | Cash | ₹98.75 Cr | 1.71% |
| 5.50% Reverse Repo | Cash - Repurchase Agreement | ₹92.72 Cr | 1.60% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹74.9 Cr | 1.30% |
| L & T Finance Holdings Limited | Cash - Commercial Paper | ₹74.79 Cr | 1.29% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹74.78 Cr | 1.29% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹74.75 Cr | 1.29% |
| Godrej Industries Ltd. | Cash - Commercial Paper | ₹74.45 Cr | 1.29% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹74.42 Cr | 1.29% |
| National Bk For Agriculture & Rural Dev. | Cash - Commercial Paper | ₹74.42 Cr | 1.29% |
| Small Industries Development Bk Of India | Cash - Commercial Paper | ₹74.37 Cr | 1.29% |
| 91 Day Treasury Bills | Bond - Gov't/Treasury | ₹74.11 Cr | 1.28% |
| 91 Day Treasury Bills | Bond - Gov't/Treasury | ₹74.02 Cr | 1.28% |
| Godrej Industries Ltd.** | Cash | ₹74.02 Cr | 1.28% |
| Kotak Securities Ltd.** | Cash | ₹73.98 Cr | 1.28% |
| 91 Days Tbill (Md 28/08/2025) | Bond - Gov't/Treasury | ₹51.48 Cr | 0.89% |
| 07.96 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹50.13 Cr | 0.87% |
| 08.24 Tn SDL 2025sep | Bond - Gov't/Treasury | ₹50.03 Cr | 0.86% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹49.98 Cr | 0.86% |
| Indian Oil Corporation Limited | Cash - Commercial Paper | ₹49.98 Cr | 0.86% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹49.94 Cr | 0.86% |
| HDB Financial Services Ltd. | Cash - Commercial Paper | ₹49.94 Cr | 0.86% |
| Axis Securities Limited | Cash - Commercial Paper | ₹49.94 Cr | 0.86% |
| Indian Overseas Bank | Cash - CD/Time Deposit | ₹49.94 Cr | 0.86% |
| Bank Of India | Cash - CD/Time Deposit | ₹49.93 Cr | 0.86% |
| 364 Days Tbill 2025 | Bond - Gov't/Treasury | ₹49.93 Cr | 0.86% |
| Sikka Ports And Terminals Limited 2025 ** | Cash - Commercial Paper | ₹49.92 Cr | 0.86% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.88 Cr | 0.86% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.87 Cr | 0.86% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.87 Cr | 0.86% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.87 Cr | 0.86% |
| Aditya Birla Housing Finance Limited | Cash - Commercial Paper | ₹49.86 Cr | 0.86% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.86 Cr | 0.86% |
| Bank Of India | Cash - CD/Time Deposit | ₹49.86 Cr | 0.86% |
| Bob Financial Solutions Limited | Cash - Commercial Paper | ₹49.86 Cr | 0.86% |
| LIC Housing Finance Limited | Cash - Commercial Paper | ₹49.86 Cr | 0.86% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.83 Cr | 0.86% |
| Bharti Airtel Ltd. | Cash - Commercial Paper | ₹49.82 Cr | 0.86% |
| 91 Days Tbill (Md 28/08/2025) | Bond - Gov't/Treasury | ₹49.82 Cr | 0.86% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.82 Cr | 0.86% |
| Larsen & Toubro Ltd. | Cash - Commercial Paper | ₹49.8 Cr | 0.86% |
| Godrej Agrovet Ltd. | Cash - Commercial Paper | ₹49.8 Cr | 0.86% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.75 Cr | 0.86% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.69 Cr | 0.86% |
| Bank of Baroda | Bond - Corporate Bond | ₹49.67 Cr | 0.86% |
| Small Industries Development Bank of India | Cash - CD/Time Deposit | ₹49.59 Cr | 0.86% |
| Bajaj Housing Finance Ltd. | Cash - Commercial Paper | ₹49.58 Cr | 0.86% |
| ICICI Home Finance Company Limited | Cash - Commercial Paper | ₹49.57 Cr | 0.86% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹49.55 Cr | 0.86% |
| Icici Securities Limited | Cash - Commercial Paper | ₹49.54 Cr | 0.86% |
| SBICAP Securities Ltd | Cash - Commercial Paper | ₹49.54 Cr | 0.86% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹49.45 Cr | 0.85% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.43 Cr | 0.85% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹49.43 Cr | 0.85% |
| Bank Of Baroda** | Cash | ₹49.4 Cr | 0.85% |
| Canara Bank** | Cash | ₹49.38 Cr | 0.85% |
| National Bank For Agriculture And Rural Development** | Cash | ₹49.37 Cr | 0.85% |
| Mahindra & Mahindra Financial Services Ltd.** | Cash | ₹49.37 Cr | 0.85% |
| Kotak Securities Ltd.** | Cash | ₹49.37 Cr | 0.85% |
| Poonawalla Fincorp Ltd.** | Cash | ₹49.36 Cr | 0.85% |
| Federal Bank Ltd. | Cash - CD/Time Deposit | ₹49.32 Cr | 0.85% |
| Axis Securities Ltd.** | Cash | ₹49.32 Cr | 0.85% |
| Axis Finance Ltd.** | Cash | ₹49.31 Cr | 0.85% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹49.31 Cr | 0.85% |
| Aditya Birla Capital Ltd.** | Cash | ₹49.28 Cr | 0.85% |
| 5.48% Reverse Repo | Cash - Repurchase Agreement | ₹44 Cr | 0.76% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹29.99 Cr | 0.52% |
| 07.99 MH Sdl 2025 | Bond - Gov't/Treasury | ₹25.09 Cr | 0.43% |
| 08.17 Wb SDL 2025sep | Bond - Gov't/Treasury | ₹25.04 Cr | 0.43% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.99 Cr | 0.43% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹24.99 Cr | 0.43% |
| 91 Days Tbill (Md 28/08/2025) | Bond - Gov't/Treasury | ₹24.96 Cr | 0.43% |
| LIC Housing Finance Ltd | Cash - Commercial Paper | ₹24.96 Cr | 0.43% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹24.94 Cr | 0.43% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹24.93 Cr | 0.43% |
| Indian Oil Corporation Ltd. | Cash - Commercial Paper | ₹24.92 Cr | 0.43% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹24.91 Cr | 0.43% |
| Icici Securities Limited | Cash - Commercial Paper | ₹24.9 Cr | 0.43% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.76 Cr | 0.43% |
| Indian Bank | Cash - CD/Time Deposit | ₹24.75 Cr | 0.43% |
| Godrej Finance Ltd.** | Cash | ₹24.64 Cr | 0.43% |
| Aseem Infrastructure Finance Ltd.** | Cash | ₹24.61 Cr | 0.43% |
| 5.55% Reverse Repo | Cash - Repurchase Agreement | ₹24.43 Cr | 0.42% |
| 07.96 MH Sdl 2025 | Bond - Gov't/Treasury | ₹18.07 Cr | 0.31% |
| 5.60% Reverse Repo | Cash - Repurchase Agreement | ₹16.13 Cr | 0.28% |
| 07.98 KA Sdl 2025 | Bond - Gov't/Treasury | ₹15.04 Cr | 0.26% |
| 07.47 GJ Sgs 2025 | Bond - Gov't/Treasury | ₹10.03 Cr | 0.17% |
| 91 Days Tbill Red 23-10-2025 | Bond - Gov't/Treasury | ₹9.92 Cr | 0.17% |
| Corporate Debt Mkt Devp. Fund-A2 | Mutual Fund - Open End | ₹9.76 Cr | 0.17% |
| Net Receivable / Payable | Cash - Collateral | ₹7.83 Cr | 0.14% |
| 91 Days Tbill Red 16-10-2025 | Bond - Gov't/Treasury | ₹4.97 Cr | 0.09% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹1,966.87 Cr | 34.01% |
| Cash - CD/Time Deposit | ₹1,570.79 Cr | 27.16% |
| Bond - Gov't/Treasury | ₹856.74 Cr | 14.81% |
| Cash | ₹839.01 Cr | 14.51% |
| Cash - Repurchase Agreement | ₹358.45 Cr | 6.20% |
| Bond - Corporate Bond | ₹149.45 Cr | 2.58% |
| Bond - Short-term Government Bills | ₹24.76 Cr | 0.43% |
| Mutual Fund - Open End | ₹9.76 Cr | 0.17% |
| Cash - Collateral | ₹7.83 Cr | 0.14% |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.17%
Cat. avg.
0.33%
Lower the better
Sharpe Ratio
This fund
3.31
Cat. avg.
-1.14
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
3.52
Higher the better
Fund Managers
PA
Parijat Agrawal
Since June 2021
Devesh Thacker
Since September 2010
Additional Scheme Detailsas of 31st August 2025
ISIN INF582M01674 | Expense Ratio 0.07% | Exit Load No Charges | Fund Size ₹5,784 Cr | Age 12 years 8 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Liquid Debt A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| JioBlackRock Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | - | - |
| Unifi Liquid Fund Regular Growth Moderate Risk | 0.2% | 0.0% | ₹251.85 Cr | - |
| Unifi Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹251.85 Cr | - |
| Angel One Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.3% | - | ₹232.59 Cr | - |
| ICICI Prudential BSE Liquid Rate ETF - Growth Low Risk | 0.3% | - | ₹723.19 Cr | - |
| HDFC Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.5% | - | ₹48.44 Cr | 5.3% |
| Mirae Asset Nifty 1D Rate Liquid ETF Low Risk | 0.1% | - | ₹292.04 Cr | - |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹185.54 Cr | - |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹185.54 Cr | - |
| Groww Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹61.95 Cr | - |
| Bajaj Finserv Nifty 1D Rate Liquid ETF Low to Moderate Risk | 0.2% | - | ₹871.82 Cr | 4.8% |
| DSP S&P BSE Liquid Rate ETF Low Risk | 0.3% | - | ₹2154.24 Cr | 5.9% |
| HDFC Nifty 1D Rate Liquid ETF Low Risk | 0.5% | - | ₹29.44 Cr | 5.3% |
| Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 12 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Mirae Asset Cash Management Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹13633.83 Cr | 7.0% |
| LIC MF Liquid Plan Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹12211.17 Cr | 6.9% |
| ICICI Prudential Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹49438.50 Cr | 6.9% |
| ITI Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹59.00 Cr | 6.7% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹59.00 Cr | 6.9% |
| Navi Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹69.33 Cr | 6.6% |
| Sundaram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹7258.66 Cr | 7.0% |
| Bandhan Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹14391.30 Cr | 6.9% |
| Groww Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹302.82 Cr | 7.1% |
| Nippon India Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹35161.83 Cr | 7.0% |
| Union Liquid Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹5783.65 Cr | 6.9% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3044.10 Cr | 6.9% |
| Edelweiss Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹8898.03 Cr | 7.0% |
| Invesco India Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹14077.41 Cr | 7.0% |
| Kotak Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹40674.68 Cr | 7.0% |
| WhiteOak Capital Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹577.86 Cr | 6.9% |
| WhiteOak Capital Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹577.86 Cr | 6.8% |
| Mahindra Manulife Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹1133.95 Cr | 6.9% |
| Mahindra Manulife Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹1133.95 Cr | 7.0% |
| Quantum Liquid Fund Regular Growth Low Risk | 0.3% | 0.0% | ₹540.55 Cr | 6.4% |
| Mirae Asset Cash Management Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹13633.83 Cr | 6.9% |
| Axis Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹37122.11 Cr | 6.9% |
| Bajaj Finserv Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹5095.54 Cr | 6.8% |
| Bajaj Finserv Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5095.54 Cr | 7.0% |
| SBI Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹63824.38 Cr | 6.8% |
| UTI Liquid Fund Cash Plan Direct Growth Moderate Risk | 0.1% | 0.0% | ₹29013.49 Cr | 7.0% |
| Axis Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹37122.11 Cr | 7.0% |
| Baroda BNP Paribas Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹10107.81 Cr | 6.9% |
| Aditya BSL Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹49720.60 Cr | 7.0% |
| HDFC Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹67611.62 Cr | 6.9% |
| HSBC Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹14895.62 Cr | 7.0% |
| Bank of India Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹1824.27 Cr | 7.0% |
| SBI Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹63824.38 Cr | 6.9% |
About the AMC
Union Mutual Fund
Total AUM
₹21,581 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
Take control of your wealth
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We're here to help.
What is the current NAV of Union Liquid Direct Growth?
The NAV of Union Liquid Direct Growth, as of 14-Sep-2025, is ₹2573.48.
What are the returns of Union Liquid Direct Growth?
The fund has generated 6.98% over the last 1 year and 7.11% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Union Liquid Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 2.56% in bonds, and 97.27% in cash and cash equivalents.
Who manages the Union Liquid Direct Growth?
The fund managers responsible for Union Liquid Direct Growth are:-
- Parijat Agrawal
- Devesh Thacker
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
NAV (14-Sep-25)
₹2573.480.02%1D
Returns (Since Inception)
6.54%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹5,784 Cr
Expense Ratio
0.07%
ISIN
INF582M01674
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
Risk Level
Your principal amount will be at Low to Moderate Risk
About this fund
Union Liquid Direct Growth is a Liquid mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 12 years, 8 months and 14 days, having been launched on 01-Jan-13.
As of 14-Sep-25, it has a Net Asset Value (NAV) of ₹2573.48, Assets Under Management (AUM) of 5783.65 Crores, and an expense ratio of 0.07%.
As of 14-Sep-25, it has a Net Asset Value (NAV) of ₹2573.48, Assets Under Management (AUM) of 5783.65 Crores, and an expense ratio of 0.07%.
- Union Liquid Direct Growth has given a CAGR return of 6.54% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 2.56% in debts, and 97.27% in cash & cash equivalents.
- You can start investing in Union Liquid Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.98%
+6.00% (Cat Avg.)
3 Years
+7.11%
+6.30% (Cat Avg.)
5 Years
+5.73%
+5.05% (Cat Avg.)
10 Years
+5.87%
+5.26% (Cat Avg.)
Since Inception
+6.54%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2025
| Debt | ₹148.13 Cr | 2.56% |
| Others | ₹5,635.51 Cr | 97.44% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| 91 Days Tbill (Md 28/08/2025) | Bond - Gov't/Treasury | ₹200 Cr | 3.46% |
| Treps | Cash - Repurchase Agreement | ₹181.18 Cr | 3.13% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹149.81 Cr | 2.59% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹149.58 Cr | 2.59% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹148.09 Cr | 2.56% |
| Indian Oil Corporation Ltd. | Cash - Commercial Paper | ₹124.64 Cr | 2.16% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹99.97 Cr | 1.73% |
| Reliance Jio Infocomm Ltd. | Bond - Corporate Bond | ₹99.78 Cr | 1.73% |
| Canara Bank | Cash - CD/Time Deposit | ₹99.73 Cr | 1.72% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹99.65 Cr | 1.72% |
| 91 Days Tbill Red 30-10-2025 | Bond - Gov't/Treasury | ₹99.13 Cr | 1.71% |
| Reliance Retail Ventures Ltd.** | Cash | ₹98.85 Cr | 1.71% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹98.85 Cr | 1.71% |
| Pnb Housing Finance Ltd.** | Cash | ₹98.75 Cr | 1.71% |
| 5.50% Reverse Repo | Cash - Repurchase Agreement | ₹92.72 Cr | 1.60% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹74.9 Cr | 1.30% |
| L & T Finance Holdings Limited | Cash - Commercial Paper | ₹74.79 Cr | 1.29% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹74.78 Cr | 1.29% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹74.75 Cr | 1.29% |
| Godrej Industries Ltd. | Cash - Commercial Paper | ₹74.45 Cr | 1.29% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹74.42 Cr | 1.29% |
| National Bk For Agriculture & Rural Dev. | Cash - Commercial Paper | ₹74.42 Cr | 1.29% |
| Small Industries Development Bk Of India | Cash - Commercial Paper | ₹74.37 Cr | 1.29% |
| 91 Day Treasury Bills | Bond - Gov't/Treasury | ₹74.11 Cr | 1.28% |
| 91 Day Treasury Bills | Bond - Gov't/Treasury | ₹74.02 Cr | 1.28% |
| Godrej Industries Ltd.** | Cash | ₹74.02 Cr | 1.28% |
| Kotak Securities Ltd.** | Cash | ₹73.98 Cr | 1.28% |
| 91 Days Tbill (Md 28/08/2025) | Bond - Gov't/Treasury | ₹51.48 Cr | 0.89% |
| 07.96 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹50.13 Cr | 0.87% |
| 08.24 Tn SDL 2025sep | Bond - Gov't/Treasury | ₹50.03 Cr | 0.86% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹49.98 Cr | 0.86% |
| Indian Oil Corporation Limited | Cash - Commercial Paper | ₹49.98 Cr | 0.86% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹49.94 Cr | 0.86% |
| HDB Financial Services Ltd. | Cash - Commercial Paper | ₹49.94 Cr | 0.86% |
| Axis Securities Limited | Cash - Commercial Paper | ₹49.94 Cr | 0.86% |
| Indian Overseas Bank | Cash - CD/Time Deposit | ₹49.94 Cr | 0.86% |
| Bank Of India | Cash - CD/Time Deposit | ₹49.93 Cr | 0.86% |
| 364 Days Tbill 2025 | Bond - Gov't/Treasury | ₹49.93 Cr | 0.86% |
| Sikka Ports And Terminals Limited 2025 ** | Cash - Commercial Paper | ₹49.92 Cr | 0.86% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.88 Cr | 0.86% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.87 Cr | 0.86% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.87 Cr | 0.86% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.87 Cr | 0.86% |
| Aditya Birla Housing Finance Limited | Cash - Commercial Paper | ₹49.86 Cr | 0.86% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.86 Cr | 0.86% |
| Bank Of India | Cash - CD/Time Deposit | ₹49.86 Cr | 0.86% |
| Bob Financial Solutions Limited | Cash - Commercial Paper | ₹49.86 Cr | 0.86% |
| LIC Housing Finance Limited | Cash - Commercial Paper | ₹49.86 Cr | 0.86% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.83 Cr | 0.86% |
| Bharti Airtel Ltd. | Cash - Commercial Paper | ₹49.82 Cr | 0.86% |
| 91 Days Tbill (Md 28/08/2025) | Bond - Gov't/Treasury | ₹49.82 Cr | 0.86% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.82 Cr | 0.86% |
| Larsen & Toubro Ltd. | Cash - Commercial Paper | ₹49.8 Cr | 0.86% |
| Godrej Agrovet Ltd. | Cash - Commercial Paper | ₹49.8 Cr | 0.86% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.75 Cr | 0.86% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.69 Cr | 0.86% |
| Bank of Baroda | Bond - Corporate Bond | ₹49.67 Cr | 0.86% |
| Small Industries Development Bank of India | Cash - CD/Time Deposit | ₹49.59 Cr | 0.86% |
| Bajaj Housing Finance Ltd. | Cash - Commercial Paper | ₹49.58 Cr | 0.86% |
| ICICI Home Finance Company Limited | Cash - Commercial Paper | ₹49.57 Cr | 0.86% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹49.55 Cr | 0.86% |
| Icici Securities Limited | Cash - Commercial Paper | ₹49.54 Cr | 0.86% |
| SBICAP Securities Ltd | Cash - Commercial Paper | ₹49.54 Cr | 0.86% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹49.45 Cr | 0.85% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.43 Cr | 0.85% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹49.43 Cr | 0.85% |
| Bank Of Baroda** | Cash | ₹49.4 Cr | 0.85% |
| Canara Bank** | Cash | ₹49.38 Cr | 0.85% |
| National Bank For Agriculture And Rural Development** | Cash | ₹49.37 Cr | 0.85% |
| Mahindra & Mahindra Financial Services Ltd.** | Cash | ₹49.37 Cr | 0.85% |
| Kotak Securities Ltd.** | Cash | ₹49.37 Cr | 0.85% |
| Poonawalla Fincorp Ltd.** | Cash | ₹49.36 Cr | 0.85% |
| Federal Bank Ltd. | Cash - CD/Time Deposit | ₹49.32 Cr | 0.85% |
| Axis Securities Ltd.** | Cash | ₹49.32 Cr | 0.85% |
| Axis Finance Ltd.** | Cash | ₹49.31 Cr | 0.85% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹49.31 Cr | 0.85% |
| Aditya Birla Capital Ltd.** | Cash | ₹49.28 Cr | 0.85% |
| 5.48% Reverse Repo | Cash - Repurchase Agreement | ₹44 Cr | 0.76% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹29.99 Cr | 0.52% |
| 07.99 MH Sdl 2025 | Bond - Gov't/Treasury | ₹25.09 Cr | 0.43% |
| 08.17 Wb SDL 2025sep | Bond - Gov't/Treasury | ₹25.04 Cr | 0.43% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.99 Cr | 0.43% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹24.99 Cr | 0.43% |
| 91 Days Tbill (Md 28/08/2025) | Bond - Gov't/Treasury | ₹24.96 Cr | 0.43% |
| LIC Housing Finance Ltd | Cash - Commercial Paper | ₹24.96 Cr | 0.43% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹24.94 Cr | 0.43% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹24.93 Cr | 0.43% |
| Indian Oil Corporation Ltd. | Cash - Commercial Paper | ₹24.92 Cr | 0.43% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹24.91 Cr | 0.43% |
| Icici Securities Limited | Cash - Commercial Paper | ₹24.9 Cr | 0.43% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.76 Cr | 0.43% |
| Indian Bank | Cash - CD/Time Deposit | ₹24.75 Cr | 0.43% |
| Godrej Finance Ltd.** | Cash | ₹24.64 Cr | 0.43% |
| Aseem Infrastructure Finance Ltd.** | Cash | ₹24.61 Cr | 0.43% |
| 5.55% Reverse Repo | Cash - Repurchase Agreement | ₹24.43 Cr | 0.42% |
| 07.96 MH Sdl 2025 | Bond - Gov't/Treasury | ₹18.07 Cr | 0.31% |
| 5.60% Reverse Repo | Cash - Repurchase Agreement | ₹16.13 Cr | 0.28% |
| 07.98 KA Sdl 2025 | Bond - Gov't/Treasury | ₹15.04 Cr | 0.26% |
| 07.47 GJ Sgs 2025 | Bond - Gov't/Treasury | ₹10.03 Cr | 0.17% |
| 91 Days Tbill Red 23-10-2025 | Bond - Gov't/Treasury | ₹9.92 Cr | 0.17% |
| Corporate Debt Mkt Devp. Fund-A2 | Mutual Fund - Open End | ₹9.76 Cr | 0.17% |
| Net Receivable / Payable | Cash - Collateral | ₹7.83 Cr | 0.14% |
| 91 Days Tbill Red 16-10-2025 | Bond - Gov't/Treasury | ₹4.97 Cr | 0.09% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹1,966.87 Cr | 34.01% |
| Cash - CD/Time Deposit | ₹1,570.79 Cr | 27.16% |
| Bond - Gov't/Treasury | ₹856.74 Cr | 14.81% |
| Cash | ₹839.01 Cr | 14.51% |
| Cash - Repurchase Agreement | ₹358.45 Cr | 6.20% |
| Bond - Corporate Bond | ₹149.45 Cr | 2.58% |
| Bond - Short-term Government Bills | ₹24.76 Cr | 0.43% |
| Mutual Fund - Open End | ₹9.76 Cr | 0.17% |
| Cash - Collateral | ₹7.83 Cr | 0.14% |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.17%
Cat. avg.
0.33%
Lower the better
Sharpe Ratio
This fund
3.31
Cat. avg.
-1.14
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
3.52
Higher the better
Fund Managers
PA
Parijat Agrawal
Since June 2021
Devesh Thacker
Since September 2010
Additional Scheme Detailsas of 31st August 2025
ISIN INF582M01674 | Expense Ratio 0.07% | Exit Load No Charges | Fund Size ₹5,784 Cr | Age 12 years 8 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Liquid Debt A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| JioBlackRock Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | - | - |
| Unifi Liquid Fund Regular Growth Moderate Risk | 0.2% | 0.0% | ₹251.85 Cr | - |
| Unifi Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹251.85 Cr | - |
| Angel One Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.3% | - | ₹232.59 Cr | - |
| ICICI Prudential BSE Liquid Rate ETF - Growth Low Risk | 0.3% | - | ₹723.19 Cr | - |
| HDFC Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.5% | - | ₹48.44 Cr | 5.3% |
| Mirae Asset Nifty 1D Rate Liquid ETF Low Risk | 0.1% | - | ₹292.04 Cr | - |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹185.54 Cr | - |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹185.54 Cr | - |
| Groww Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹61.95 Cr | - |
| Bajaj Finserv Nifty 1D Rate Liquid ETF Low to Moderate Risk | 0.2% | - | ₹871.82 Cr | 4.8% |
| DSP S&P BSE Liquid Rate ETF Low Risk | 0.3% | - | ₹2154.24 Cr | 5.9% |
| HDFC Nifty 1D Rate Liquid ETF Low Risk | 0.5% | - | ₹29.44 Cr | 5.3% |
| Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 12 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Mirae Asset Cash Management Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹13633.83 Cr | 7.0% |
| LIC MF Liquid Plan Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹12211.17 Cr | 6.9% |
| ICICI Prudential Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹49438.50 Cr | 6.9% |
| ITI Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹59.00 Cr | 6.7% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹59.00 Cr | 6.9% |
| Navi Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹69.33 Cr | 6.6% |
| Sundaram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹7258.66 Cr | 7.0% |
| Bandhan Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹14391.30 Cr | 6.9% |
| Groww Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹302.82 Cr | 7.1% |
| Nippon India Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹35161.83 Cr | 7.0% |
| Union Liquid Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹5783.65 Cr | 6.9% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3044.10 Cr | 6.9% |
| Edelweiss Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹8898.03 Cr | 7.0% |
| Invesco India Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹14077.41 Cr | 7.0% |
| Kotak Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹40674.68 Cr | 7.0% |
| WhiteOak Capital Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹577.86 Cr | 6.9% |
| WhiteOak Capital Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹577.86 Cr | 6.8% |
| Mahindra Manulife Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹1133.95 Cr | 6.9% |
| Mahindra Manulife Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹1133.95 Cr | 7.0% |
| Quantum Liquid Fund Regular Growth Low Risk | 0.3% | 0.0% | ₹540.55 Cr | 6.4% |
| Mirae Asset Cash Management Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹13633.83 Cr | 6.9% |
| Axis Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹37122.11 Cr | 6.9% |
| Bajaj Finserv Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹5095.54 Cr | 6.8% |
| Bajaj Finserv Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5095.54 Cr | 7.0% |
| SBI Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹63824.38 Cr | 6.8% |
| UTI Liquid Fund Cash Plan Direct Growth Moderate Risk | 0.1% | 0.0% | ₹29013.49 Cr | 7.0% |
| Axis Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹37122.11 Cr | 7.0% |
| Baroda BNP Paribas Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹10107.81 Cr | 6.9% |
| Aditya BSL Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹49720.60 Cr | 7.0% |
| HDFC Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹67611.62 Cr | 6.9% |
| HSBC Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹14895.62 Cr | 7.0% |
| Bank of India Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹1824.27 Cr | 7.0% |
| SBI Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹63824.38 Cr | 6.9% |
About the AMC
Union Mutual Fund
Total AUM
₹21,581 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Union Liquid Direct Growth?
The NAV of Union Liquid Direct Growth, as of 14-Sep-2025, is ₹2573.48.
What are the returns of Union Liquid Direct Growth?
The fund has generated 6.98% over the last 1 year and 7.11% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Union Liquid Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 2.56% in bonds, and 97.27% in cash and cash equivalents.
Who manages the Union Liquid Direct Growth?
The fund managers responsible for Union Liquid Direct Growth are:-
- Parijat Agrawal
- Devesh Thacker
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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