Item: Union Short Term Fund Weekly Dividend Reinvestment Option Direct Plan
Rating: 2
Author: Morningstar

Home › Mutual Funds › Union Mutual Fund › Union Short Term Fund Weekly Dividend Reinvestment Option Direct Plan

1008.845 (-0.091%)

NAV on January 14, 2019

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 16 cr

Turnover Ratio 431.68%

Expense Ratio 0.30%

Exit Load -

Returns

1M: 0.66%
1Y: 4.72%
3M: 1.88%
3Y: 4.56%
6M: 2.82%
5Y: 5.33%

Min Investment 5,000

This scheme has been closed last NAV updated on 18-01-2019

ADDITIONAL INFO

Fund Manager Devesh Thacker (Since almost 12 years)

ISIN INF582M01856

Fund Family Union

Launch Date January 01, 2013

Benchmark CRISIL Short Term Bond Fund TR INR

Avg. Maturity 0.76 years

Yield To Maturity (%) 6.63%

INVESTMENT OBJECTIVE

The investment objective of the Scheme is to provide reasonable returns commensurate with low to moderate risk and high level of liquidity through a portfolio of short to medium term debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Short Term Fund Direct Plan Growth Option	59.039	8.04%	17,997 cr	0.45%	Low
HDFC Short Term Debt Fund -Direct Plan - Growth Option	29.754	7.57%	12,915 cr	0.37%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	46.263	7.54%	7,282 cr	0.39%	Low
Nippon India Short Term Fund - Direct Plan - Growth Plan	51.491	7.49%	5,524 cr	0.37%	Average
Kotak Bond Short Term Plan Direct Growth	51.598	7.48%	13,826 cr	0.38%	Below Average
Baroda BNP Paribas Short Duration Fund Direct Growth Option	28.532	7.48%	219 cr	0.38%	Average
Axis Short Term Fund Direct Plan Growth Option	30.273	7.32%	7,797 cr	0.34%	Below Average

Best Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Sundaram Short Term Debt Fund - Direct Plan - Growth Option	39.099	13.62%	330 cr	0.28%	Above Average
Baroda BNP Paribas Short Duration Fund Direct Growth Option	28.532	7.48%	219 cr	0.38%	Average
IDBI Short Term Bond Fund Direct Growth	25.797	6.71%	25 cr	0.28%	High

Other Debt funds by Union

Union Corporate Bond Fund Direct Growth

Corporate Bond
Union Dynamic Bond Fund Direct Growth Option

Dynamic Bond

Union Short Term Fund Weekly Dividend Reinvestment Option Direct Plan

ADDITIONAL INFO

ASSET ALLOCATION

CREDIT QUALITY (%)

RISK MEASURES (3 yrs)

INVESTMENT OBJECTIVE

Top Short Duration Funds

Best Short Duration Funds

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