- Mutual Funds
- Union Mutual Fund
- Union Money Market Fund (Growth)
Union Money Market Fund (Growth)
₹ 1110.9011
NAV (Dec 07)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1110.9011
NAV (Dec 7)
Fund Returns
Last 1Y | 6.3% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 4.7% |
6 Month CAGR | 3% |
Scheme Information
The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising of money market instruments. However,there is no assurance that the Investment Objective of the Scheme will be achieved.
Expense Ratio | 1.03 |
Launched (2y ago) | Aug 26, 2021 |
AUM in Crores | 174.993 |
ISIN | INF582M01HO9 |
Lock-in | No Lock-in |
Benchmark | CRISIL Money Market B-I TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | 0 |
YTM | 7.21 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Union Money Market Fund (Growth) | NaN | NaN | % | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
treps
10.8%6.90% reverse repo
8.8%kotak mahindra bank limited (formerly kotak mahindra finance limited)
5.7%small industries development bank of india
5.7%364 Days Treasury Bill 07-03-2024
5.6%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 40,756 cr | ||
₹ 16,858 cr | ||
₹ 11,945 cr | ||
₹ 13,754 cr | ||
₹ 10,873 cr |
About the AMC
Union Asset Management Co. Pvt. Ltd.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
21.3% | 15% | ||
20.7% | 12.2% | ||
21.3% | 14.8% | ||
20.7% | 12% | ||
20.7% | 12% |
Union Money Market Fund (G) Review
Union Money Market Fund (G) is a Money Market Debt fund and has delivered an annualised return of 4.7% over a period of 2 years. The fund is managed by Union Asset Management Co. Pvt. Ltd.. The fund managers are Devesh Thacker, Parijat Agrawal.
Nav of Union Money Market Fund (G) as of 12/7/2023 is ₹1110.90 with the total AUM as of 12/8/2023 is ₹174.993. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Money Market Fund (G) was launched on Aug 26, 2021. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Union Money Market Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Union Money Market Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Money Market B-I TR INR.
Union Money Market Fund (G) is rated as a 0 fund in Debt and delivered 6.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Union Money Market Fund (G).
Frequently Asked Questions
What is Union Money Market Fund (G)?
How to invest in Union Money Market Fund (G)?
You can invest in Union Money Market Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Union Money Market Fund (G)?
The minimum sip amount for Union Money Market Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Union Money Market Fund (G) good to invest in?
As per Scripbox experts, Union Money Market Fund (G) is a Not Reviewed Yet fund. You can investUnion Money Market Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Union Money Market Fund (G)?
The expense ratio of the Union Money Market Fund (G) is 1.03% for regular plan.