Union Short Duration Fund Direct Growth
DebtShort DurationLow to Moderate Risk
Direct
NAV (19-Jun-26)
Returns (Since Inception)
Fund Overview
Fund Size
₹110 Cr
Expense Ratio
0.28%
ISIN
INF582M01KO3
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
31 Jan 2025
About this fund
As of 19-Jun-26, it has a Net Asset Value (NAV) of ₹10.96, Assets Under Management (AUM) of 109.66 Crores, and an expense ratio of 0.28%.
- Union Short Duration Fund Direct Growth has given a CAGR return of 6.86% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 56.47% in debts, and 42.15% in cash & cash equivalents.
- You can start investing in Union Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
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
+5.16%
+4.66% (Cat Avg.)
Since Inception
+6.86%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2026
| Debt | ₹61.92 Cr | 56.47% |
| Others | ₹47.74 Cr | 43.53% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹9.87 Cr | 9.00% |
| Jio Credit Limited | Bond - Corporate Bond | ₹9.82 Cr | 8.96% |
| 6.36% Govt Stock 2031 | Bond - Gov't/Treasury | ₹9.82 Cr | 8.95% |
| Rec Limited | Bond - Corporate Bond | ₹9.8 Cr | 8.94% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹9.73 Cr | 8.87% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹9.44 Cr | 8.61% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹7.94 Cr | 7.24% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹7.55 Cr | 6.88% |
| Canara Bank | Cash - CD/Time Deposit | ₹7.54 Cr | 6.88% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹7.54 Cr | 6.88% |
| Treps | Cash - Repurchase Agreement | ₹7.14 Cr | 6.52% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹4.94 Cr | 4.50% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹4.72 Cr | 4.30% |
| Net Receivable / Payable | Cash - Collateral | ₹2.29 Cr | 2.09% |
| Corporate Debt Mkt Devp. Fund-A2 | Mutual Fund - Unspecified | ₹1.52 Cr | 1.38% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹52.11 Cr | 47.52% |
| Cash - CD/Time Deposit | ₹36.79 Cr | 33.55% |
| Bond - Gov't/Treasury | ₹9.82 Cr | 8.95% |
| Cash - Repurchase Agreement | ₹7.14 Cr | 6.51% |
| Cash - Collateral | ₹2.29 Cr | 2.09% |
| Mutual Fund - Unspecified | ₹1.52 Cr | 1.38% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
1.44%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.19
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.38
Higher the better
Fund Managers
Anindya Sarkar
Since January 2025
Shrenuj Parekh
Since January 2025
Additional Scheme Detailsas of 31st May 2026
ISIN INF582M01KO3 | Expense Ratio 0.28% | Exit Load No Charges | Fund Size ₹110 Cr | Age 1 year 4 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Short Duration Debt A-II 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 Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| JioBlackRock Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹143.30 Cr | - |
| Union Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹109.66 Cr | 5.2% |
| Union Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹109.66 Cr | 4.8% |
| HSBC Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹3844.35 Cr | 5.3% |
| Groww Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹93.62 Cr | 5.3% |
| Groww Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹93.62 Cr | 4.5% |
| Invesco India Short Term Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹728.36 Cr | 5.4% |
| ICICI Prudential Short Term Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹21228.52 Cr | 6.3% |
| Sundaram Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹186.76 Cr | 5.5% |
| Bandhan Bond Fund - Short Term Plan Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹8326.50 Cr | 5.8% |
| Nippon India Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹7246.59 Cr | 5.8% |
| Kotak Bond Fund Short Term Plan Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹15287.24 Cr | 5.3% |
| LIC MF Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹129.66 Cr | 5.6% |
| LIC MF Short Duration Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹129.66 Cr | 4.7% |
| Canara Robeco Short Duration Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹295.94 Cr | 4.5% |
| SBI Short Term Debt Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹13839.20 Cr | 5.0% |
| Bank of India S/T Income Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹266.69 Cr | 4.7% |
| Baroda BNP Paribas Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹258.67 Cr | 4.6% |
| JM Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹79.59 Cr | 5.3% |
| JM Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹79.59 Cr | 4.5% |
| Invesco India Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹728.36 Cr | 4.6% |
| Axis Short Term Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹8734.20 Cr | 6.0% |
| UTI Short Term Income Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹2405.20 Cr | 5.3% |
| HDFC Short Term Debt Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹14864.06 Cr | 5.7% |
| Aditya Birla Sun Life Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹6824.55 Cr | 5.8% |
| Bank of India S/T Income Direct Growth Low to Moderate Risk | 0.5% | 0.0% | ₹266.69 Cr | 5.3% |
| Baroda BNP Paribas Short Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹258.67 Cr | 5.2% |
| SBI Short Term Debt Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹13839.20 Cr | 5.4% |
| Tata Short Term Bond Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2989.09 Cr | 5.1% |
| Canara Robeco Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹295.94 Cr | 5.2% |
| DSP Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹3244.91 Cr | 5.2% |
| PGIM India Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹27.94 Cr | 6.7% |
| HSBC Short Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹3844.35 Cr | 5.0% |
| UTI Short Term Income Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹2405.20 Cr | 4.9% |
| TrustMF Short Term Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹57.56 Cr | 4.6% |
| TrustMF Short Term Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹57.56 Cr | 5.1% |
| Aditya Birla Sun Life Short Term Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹6824.55 Cr | 5.2% |
| Kotak Bond Fund Short Term Plan Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹15287.24 Cr | 4.5% |
| Sundaram Short Duration Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹186.76 Cr | 4.9% |
| DSP Short Term Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹3244.91 Cr | 4.6% |
| PGIM India Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹27.94 Cr | 6.1% |
| HDFC Short Term Debt Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹14864.06 Cr | 5.4% |
| Nippon India Short Term Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹7246.59 Cr | 5.2% |
| Mahindra Manulife Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹83.31 Cr | 6.2% |
| Mahindra Manulife Short Duration Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹83.31 Cr | 5.2% |
| ICICI Prudential Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹21228.52 Cr | 5.6% |
| Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹543.59 Cr | 5.2% |
| Bandhan Bond Fund - Short Term Plan Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹8326.50 Cr | 5.3% |
| Tata Short Term Bond Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹2989.09 Cr | 4.2% |
| Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹543.59 Cr | 4.3% |
About the AMC
Union Mutual Fund
Total AUM
₹27,884 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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Who manages the Union Short Duration Fund Direct Growth?
- Anindya Sarkar
- Shrenuj Parekh
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