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  • Union Money Market Fund (Growth)
Union Mutual Fund

Union Money Market Fund (Growth)

DebtMoney Market

1148.6315

NAV (Jun 14)

5.1%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1148.6315

NAV (Jun 14)

Fund Returns

Last 1Y
6.3%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
5.1%
6 Month CAGR
3.3%

Scheme Information

Investment Objective

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
1.01
Launched (3y ago)
Aug 26, 2021
AUM in Crores
183.034
ISIN
INF582M01HO9
Lock-in
No Lock-in
Benchmark
CRISIL Money Market A-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
7.29
Fund Managers

Parijat Agrawal

Fund Manager

Devesh Thacker

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Union Money Market Fund (Growth)70%8,52,757 1,20,1456.3%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-06-14

Top Debt Holdings

india (republic of)

8.1%
8.1%

india (republic of)

7.8%
7.8%

lic housing finance limited

5.5%
5.5%

axis bank limited

5.5%
5.5%

icici bank limited

5.4%
5.4%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 16,612 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,38 debt and 12 hybrid funds.amc-img
phone-img022-24833300
Fund NameScripbox Opinion
Till Date CAGR

17.8%

12.9%

5.7%

6.7%

6.4%

5.3%

5.6%

5.2%

17.8%

12.7%

Union Money Market Fund (G) Review

Union Money Market Fund (G) is a Money Market Debt fund and has delivered an annualised return of 5.1% 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 6/14/2024 is ₹1148.63 with the total AUM as of 6/15/2024 is ₹183.034. 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 A-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)?

Union Money Market Fund (G) is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

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 1.01% for regular plan.