Dezerv

Fund Overview

Fund Size

Fund Size

₹722 Cr

Expense Ratio

Expense Ratio

0.33%

ISIN

ISIN

INF582M01KO3

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

31 Jan 2025

About this fund

This fund has been in existence for 4 months and 19 days, having been launched on 31-Jan-25.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹10.43, Assets Under Management (AUM) of 721.97 Crores, and an expense ratio of 0.33%.
  • Union Short Duration Fund Direct Growth has given a CAGR return of 4.25% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 85.03% in debts, and 14.97% 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.

Since Inception

+4.25%

(Cat Avg.)

Portfolio Summaryas of 15th May 2025

Debt613.87 Cr85.03%
Others108.1 Cr14.97%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Jamnagar Utilities And Power Private LimitedBond - Corporate Bond51.15 Cr7.20%
TrepsCash - Repurchase Agreement28.9 Cr4.07%
Larsen And Toubro LimitedBond - Corporate Bond26.23 Cr3.69%
HDFC Bank LimitedBond - Corporate Bond25.85 Cr3.64%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt25.71 Cr3.62%
Rural Electrification Corporation LimitedBond - Corporate Bond25.64 Cr3.61%
Indian Railway Finance Corporation LimitedBond - Corporate Bond25.56 Cr3.60%
Export-Import Bank Of IndiaBond - Corporate Bond25.49 Cr3.59%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.46 Cr3.59%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.42 Cr3.58%
Power Finance Corporation Ltd.Bond - Corporate Bond25.42 Cr3.58%
Tata Capital LimitedBond - Corporate Bond25.42 Cr3.58%
Rec LimitedBond - Corporate Bond25.41 Cr3.58%
7.74% LIC Housing Finance LimitedBond - Corporate Bond25.39 Cr3.58%
Sikka Ports & Terminals LimitedBond - Corporate Bond25.38 Cr3.57%
LIC Housing Finance LimitedBond - Corporate Bond25.37 Cr3.57%
Bajaj Housing Finance LimitedBond - Corporate Bond25.36 Cr3.57%
Bajaj Finance LimitedBond - Corporate Bond25.32 Cr3.57%
Indian Railway Finance Corp Ltd.Bond - Gov't Agency Debt24.99 Cr3.52%
Indian Bank (12/03/2026)Cash - CD/Time Deposit23.71 Cr3.34%
The Federal Bank Limited**Cash - CD/Time Deposit23.69 Cr3.34%
Canara Bank**Cash - CD/Time Deposit23.69 Cr3.34%
7.32% Govt Stock 2030Bond - Gov't/Treasury21.19 Cr2.98%
7.1% Govt Stock 2034Bond - Gov't/Treasury21.07 Cr2.97%
7.04% Govt Stock 2029Bond - Gov't/Treasury20.77 Cr2.92%
Bajaj Finance LimitedBond - Corporate Bond20.57 Cr2.90%
Power Finance Corporation LimitedBond - Corporate Bond15.16 Cr2.14%
Kotak Mahindra Prime LimitedBond - Corporate Bond10.21 Cr1.44%
7.48% National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond10.19 Cr1.44%
Net Receivable / PayableCash - Collateral6.32 Cr0.89%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond490 Cr69.01%
Cash - CD/Time Deposit71.09 Cr10.01%
Bond - Gov't/Treasury63.03 Cr8.88%
Bond - Gov't Agency Debt50.7 Cr7.14%
Cash - Repurchase Agreement28.9 Cr4.07%
Cash - Collateral6.32 Cr0.89%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

1.43%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.82

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.29

Higher the better

Fund Managers

Anindya Sarkar

Anindya Sarkar

Since January 2025

Shrenuj Parekh

Shrenuj Parekh

Since January 2025

Additional Scheme Detailsas of 15th May 2025

ISIN
INF582M01KO3
Expense Ratio
0.33%
Exit Load
No Charges
Fund Size
₹722 Cr
Age
4 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
CRISIL Short Duration Debt A-II TR INR

Investment ObjectiveInvestment 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 Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
Union Short Duration Fund Direct Growth

Low Risk

0.3%0.0%₹721.97 Cr-
Union Short Duration Fund Regular Growth

Low Risk

0.7%0.0%₹721.97 Cr-
HSBC Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3928.37 Cr9.9%
Groww Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹71.52 Cr9.9%
Groww Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹71.52 Cr8.7%
Invesco India Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹1051.40 Cr9.8%
ICICI Prudential Short Term Fund Direct Growth

Moderate Risk

0.5%0.0%₹21283.50 Cr9.7%
Sundaram Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹214.18 Cr9.9%
Bandhan Bond Fund - Short Term Plan Direct Growth

Low to Moderate Risk

0.3%0.0%₹10116.37 Cr10.0%
Nippon India Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹7057.73 Cr10.3%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Union Short Duration Fund Direct Growth, as of 18-Jun-2025, is ₹10.43.
The fund's allocation of assets is distributed as 0.00% in equities, 85.03% in bonds, and 14.97% in cash and cash equivalents.
The fund managers responsible for Union Short Duration Fund Direct Growth are:-
  1. Anindya Sarkar
  2. Shrenuj Parekh