Fund Overview
Fund Size
₹5,103 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, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹2538.43, Assets Under Management (AUM) of 5103.13 Crores, and an expense ratio of 0.07%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹2538.43, Assets Under Management (AUM) of 5103.13 Crores, and an expense ratio of 0.07%.
- Union Liquid Direct Growth has given a CAGR return of 6.55% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.81% 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
+7.32%
+7.26% (Cat Avg.)
3 Years
+7.07%
+6.85% (Cat Avg.)
5 Years
+5.61%
+5.49% (Cat Avg.)
10 Years
+5.93%
+5.50% (Cat Avg.)
Since Inception
+6.55%
— (Cat Avg.)
Portfolio Summaryas of 15th May 2025
| Others | ₹5,103.13 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 5.90% Reverse Repo | Cash - Repurchase Agreement | ₹318.75 Cr | 6.25% |
| 91 Days Tbill Red 19-06-2025 | Bond - Gov't/Treasury | ₹298.39 Cr | 5.85% |
| Bank of India Ltd. | Bond - Corporate Bond | ₹173.93 Cr | 3.41% |
| 91 Days Tbill Red 12-06-2025 | Bond - Gov't/Treasury | ₹149.36 Cr | 2.93% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹149.33 Cr | 2.93% |
| India (Republic of) | Bond - Short-term Government Bills | ₹148.38 Cr | 2.91% |
| Alembic Pharmaceuticals ltd | Cash - Commercial Paper | ₹148.11 Cr | 2.90% |
| PNb Housing Finance Limited | Cash - Commercial Paper | ₹99.93 Cr | 1.96% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹99.82 Cr | 1.96% |
| Indian Bank ** # | Cash - CD/Time Deposit | ₹99.45 Cr | 1.95% |
| Indian Oil Corp Ltd. | Cash - Commercial Paper | ₹99.45 Cr | 1.95% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹99.39 Cr | 1.95% |
| ICICI Home Finance Company Limited | Cash - Commercial Paper | ₹99.39 Cr | 1.95% |
| Redington Ltd. | Cash - Commercial Paper | ₹99.36 Cr | 1.95% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹99.32 Cr | 1.95% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹99.31 Cr | 1.95% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹99.28 Cr | 1.95% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹99.27 Cr | 1.95% |
| UCO Bank | Bond - Gov't Agency Debt | ₹98.78 Cr | 1.94% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹74.92 Cr | 1.47% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹74.85 Cr | 1.47% |
| Bank Of India | Cash - CD/Time Deposit | ₹74.64 Cr | 1.46% |
| HDB Financial Services Ltd. | Bond - Corporate Bond | ₹74.55 Cr | 1.46% |
| SBICAP Securities Ltd | Cash - Commercial Paper | ₹74.52 Cr | 1.46% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹74.05 Cr | 1.45% |
| Axis Bank Ltd.** | Cash | ₹73.83 Cr | 1.45% |
| Axis Finance Ltd. | Cash - Commercial Paper | ₹73.78 Cr | 1.45% |
| Net Receivable / Payable | Cash - Collateral | ₹-71.18 Cr | 1.39% |
| 5.85% Reverse Repo | Cash - Repurchase Agreement | ₹63.09 Cr | 1.24% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹49.97 Cr | 0.98% |
| Indian Bank | Cash - CD/Time Deposit | ₹49.97 Cr | 0.98% |
| Axis Securities Limited | Cash - Commercial Paper | ₹49.96 Cr | 0.98% |
| Axis Finance Limited | Cash - Commercial Paper | ₹49.94 Cr | 0.98% |
| Indian Bank | Cash - CD/Time Deposit | ₹49.94 Cr | 0.98% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹49.93 Cr | 0.98% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹49.9 Cr | 0.98% |
| Bobcard Ltd | Cash - Commercial Paper | ₹49.9 Cr | 0.98% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹49.81 Cr | 0.98% |
| HDFC Bank Ltd. ** # | Cash - CD/Time Deposit | ₹49.77 Cr | 0.98% |
| National Bk For Agriculture & Rural Dev. ** | Cash - Commercial Paper | ₹49.77 Cr | 0.98% |
| Canara Bank 12-Jun-2025 # ** | Cash - CD/Time Deposit | ₹49.76 Cr | 0.98% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹49.75 Cr | 0.97% |
| Punjab National Bank ** # | Cash - CD/Time Deposit | ₹49.72 Cr | 0.97% |
| Canara Bank (17/06/2025) | Cash - CD/Time Deposit | ₹49.72 Cr | 0.97% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹49.71 Cr | 0.97% |
| Kotak Securities Limited** | Cash - Commercial Paper | ₹49.71 Cr | 0.97% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.65 Cr | 0.97% |
| IDFC First Bank Ltd. | Bond - Corporate Bond | ₹49.64 Cr | 0.97% |
| Godrej Agrovet Ltd. | Cash - Commercial Paper | ₹49.62 Cr | 0.97% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.46 Cr | 0.97% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.4 Cr | 0.97% |
| ICICI Home Finance Company Limited | Cash - Commercial Paper | ₹49.37 Cr | 0.97% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹49.37 Cr | 0.97% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹49.36 Cr | 0.97% |
| Bank of Baroda | Bond - Corporate Bond | ₹49.35 Cr | 0.97% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹49.34 Cr | 0.97% |
| NTPC Ltd. | Cash - Commercial Paper | ₹49.34 Cr | 0.97% |
| Bank Of Baroda** | Cash | ₹49.22 Cr | 0.96% |
| ICICI Home Finance Company Limited | Cash - Commercial Paper | ₹49.2 Cr | 0.96% |
| Treps | Cash - Repurchase Agreement | ₹46.06 Cr | 0.90% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹44.91 Cr | 0.88% |
| L & T Finance Ltd | Cash - Commercial Paper | ₹24.97 Cr | 0.49% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹24.92 Cr | 0.49% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.91 Cr | 0.49% |
| 182 DTB 12062025 | Bond - Gov't/Treasury | ₹24.89 Cr | 0.49% |
| L&T Finance Limited (10/06/2025) ** | Cash - Commercial Paper | ₹24.89 Cr | 0.49% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹24.88 Cr | 0.49% |
| Indian Oil Corp Ltd. | Cash - Commercial Paper | ₹24.87 Cr | 0.49% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹24.85 Cr | 0.49% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.84 Cr | 0.49% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹24.83 Cr | 0.49% |
| Indian Oil Corp Ltd. | Cash - Commercial Paper | ₹24.81 Cr | 0.49% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹24.68 Cr | 0.48% |
| Icici Securities Limited | Cash - Commercial Paper | ₹24.59 Cr | 0.48% |
| India (Republic of) | Bond - Short-term Government Bills | ₹23.07 Cr | 0.45% |
| Corporate Debt Mkt Devp. Fund-A2 | Mutual Fund - Open End | ₹9.61 Cr | 0.19% |
| 364 Days Tbill 2025 | Bond - Gov't/Treasury | ₹1 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹2,259.15 Cr | 44.27% |
| Cash - CD/Time Deposit | ₹1,015.67 Cr | 19.90% |
| Bond - Gov't/Treasury | ₹523.24 Cr | 10.25% |
| Bond - Corporate Bond | ₹446.73 Cr | 8.75% |
| Cash - Repurchase Agreement | ₹427.91 Cr | 8.39% |
| Bond - Short-term Government Bills | ₹220.84 Cr | 4.33% |
| Bond - Gov't Agency Debt | ₹148.12 Cr | 2.90% |
| Cash | ₹123.05 Cr | 2.41% |
| Cash - Collateral | ₹-71.18 Cr | 1.39% |
| Mutual Fund - Open End | ₹9.61 Cr | 0.19% |
Risk & Performance Ratios
Standard Deviation
This fund
0.22%
Cat. avg.
0.45%
Lower the better
Sharpe Ratio
This fund
2.75
Cat. avg.
-1.09
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
4.23
Higher the better
Fund Managers
PA
Parijat Agrawal
Since June 2021
Devesh Thacker
Since September 2010
Additional Scheme Detailsas of 15th May 2025
ISIN | INF582M01674 | Expense Ratio | 0.07% | Exit Load | No Charges | Fund Size | ₹5,103 Cr | Age | 12 years 5 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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  |
|---|---|---|---|---|
| Unifi Liquid Fund Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Unifi Liquid Fund Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Angel One Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.3% | - | ₹120.12 Cr | - |
| ICICI Prudential BSE Liquid Rate ETF - Growth Low Risk | 0.3% | - | ₹59.53 Cr | - |
| HDFC Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.5% | - | ₹27.99 Cr | 5.3% |
| Mirae Asset Nifty 1D Rate Liquid ETF Low Risk | 0.1% | - | ₹277.02 Cr | - |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹177.17 Cr | - |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹177.17 Cr | - |
| Groww Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹80.00 Cr | - |
| Bajaj Finserv Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹846.26 Cr | 3.5% |
About the AMC
Total AUM
₹18,826 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Union Children's Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹68.72 Cr | 7.6% |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹883.96 Cr | 8.0% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | ₹25.17 Cr | 8.1% |
| Union Small Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1468.36 Cr | 2.9% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹651.94 Cr | 7.3% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹80.25 Cr | 8.2% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹302.40 Cr | 3.6% |
| Union Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1065.00 Cr | 3.7% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1383.05 Cr | 5.1% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.5% | 1.0% | ₹137.17 Cr | 5.2% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.5% | 0.0% | ₹301.73 Cr | 7.4% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.4% | 0.0% | ₹904.12 Cr | 4.4% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.3% | 0.0% | ₹109.21 Cr | 8.6% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹2262.92 Cr | 4.8% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5103.13 Cr | 7.3% |
| Union Midcap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1346.58 Cr | 4.3% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹133.97 Cr | 7.9% |
| Union Largecap Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹442.16 Cr | 0.9% |
| Union Retirement Fund Direct Growth Very High Risk | 1.0% | 0.0% | ₹160.70 Cr | 5.2% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹336.63 Cr | 10.1% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹316.87 Cr | 6.4% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹400.19 Cr | 1.7% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹187.18 Cr | 7.9% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹823.92 Cr | 2.7% |
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of Union Liquid Direct Growth?
The NAV of Union Liquid Direct Growth, as of 18-Jun-2025, is ₹2538.43.
What are the returns of Union Liquid Direct Growth?
The fund has generated 7.32% over the last 1 year and 7.07% 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, 0.00% in bonds, and 99.81% 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
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 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.