• Mutual Funds
  • Union Mutual Fund
  • Union Money Market Fund (PIDCW-M)
Union Mutual Fund

Union Money Market Fund (PIDCW-M)

DebtMoney Market

1001.4156

NAV (Mar 27)

0.1%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

Invest in this fund
Scripbox Recommended Money Market Funds
Want the most stable money market funds for your portfolio?Learn more

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

1001.4156

NAV (Mar 27)

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
0.1%
6 Month CAGR
0%

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
1.04
Launched (2y ago)
Jun 27, 2022
AUM in Crores
174.273
ISIN
INF582M01HS0
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
7.5
Fund Managers

Parijat Agrawal

Fund Manager

Devesh Thacker

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Union Money Market Fund (PIDCW-M)70%NaN NaN%
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 2024-03-27

Top Debt Holdings

6.80% reverse repo

12%
12%

6.82% reverse repo

8.9%
8.9%

india (republic of)

8.3%
8.3%

net receivable / payable

5.8%
5.8%

364 Days Treasury Bill 02-05-2024

5.6%
5.6%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 45,349 cr

₹ 14,455 cr

₹ 13,853 cr

₹ 12,072 cr

₹ 11,011 cr

amc-img

About the AMC

Union Asset Management Co. Pvt. Ltd.

Union Asset Management Co. Pvt. Ltd. manages assets worth 15,377 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

19.7%

15.1%

19.3%

12.5%

19.7%

15%

19.3%

12.3%

19.3%

12.3%

Union Money Market Fund (PIDCW-M) Review

Union Money Market Fund (PIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 0.1% over a period of 1 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 (PIDCW-M) as of 3/27/2024 is ₹1001.42 with the total AUM as of 3/28/2024 is ₹174.273. With Scripbox you can compare and check the latest nav for all mutual funds in India. Union Money Market Fund (PIDCW-M) was launched on Jun 27, 2022. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Union Money Market Fund (PIDCW-M) 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 (PIDCW-M) 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 (PIDCW-M) is rated as a 0 fund in Debt and delivered null% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Union Money Market Fund (PIDCW-M).

Frequently Asked Questions

What is Union Money Market Fund (PIDCW-M)?

Union Money Market Fund (PIDCW-M) 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 (PIDCW-M)?

You can invest in Union Money Market Fund (PIDCW-M) 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 (PIDCW-M)?

The minimum sip amount for Union Money Market Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is Union Money Market Fund (PIDCW-M) good to invest in?

As per Scripbox experts, Union Money Market Fund (PIDCW-M) is a Not Reviewed Yet fund. You can investUnion Money Market Fund (PIDCW-M) 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 (PIDCW-M)?

The expense ratio of the Union Money Market Fund (PIDCW-M) is 1.04% for regular plan.