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Fund Overview of Union Money Market Fund Direct-growth
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₹1,135.8 CrAUM
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₹1,345.90NAV
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0.19%Expense Ratio
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DebtFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Union Money Market Fund Direct-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.82% | NA | 1.75% |
| 6 Months | 3.26% | NA | 4.16% |
| 1 Year | 6.37% | 6.37% | 7.96% |
| 2 Years | 14.81% | 7.15% | 7.76% |
| 3 Years | 22.97% | 7.14% | 7.48% |
Compare Union Money Market Fund Direct-growth with other mutual funds in the same category
Union Money Market Fund Direct-growth
Tata Money Market Fund Direct-growth
Tata Money Market Fund Direct-idcw Daily
Asset Allocation
debt instruments
92.71%other assets or cash equivalents
7.29%Union Money Market Fund Direct-growth is one Debt mutual fund offered by Union Mutual Fund. Launched on 26 Aug 2021, the fund aims Regular income over short term. Investments in money market instruments with maturity upto one year. It manages assets worth ₹1,135.8 crore as on Sun May 31, 2026. The expense ratio stands at 0.19%. Fund Manager Manager Education Fund Manager Manager EducationAbout Union Money Market Fund Direct-growth
The portfolio allocation consists of 92.71% in debt instruments, 7.29% in other assets or cash equivalents.Managed by Devesh Thacker, it has delivered a return of 6.37% in the last year, a total return since inception of 6.37%.
Investors frequently analyze different best sip in order to build long-term investment portfolios.
Key Metrics of Union Money Market Fund Direct-growth
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Standard Deviation0.36%
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Sharpe Ratio2.65%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Tata Money Market Fund Direct-growth  |
₹33,030 | 0.73% | 1.76% | 6.35% | 7.49% | 6.68% |
| Tata Money Market Fund Direct-idcw Daily |
₹33,030 | 0.73% | 1.76% | 6.35% | 7.49% | 6.68% |
| Nippon India Money Market Fund Direct-growth |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Nippon India Money Market Fund Direct-idcw Daily |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Nippon India Money Market Fund Direct-idcw Monthly |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Nippon India Money Market Fund Direct-idcw Quarterly |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Nippon India Money Market Fund Direct-idcw Weekly |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Axis Money Market Fund Direct-growth |
₹18,185 | 0.73% | 1.73% | 6.29% | 7.41% | 6.58% |
| Axis Money Market Fund Direct-idcw Daily |
₹18,185 | 0.73% | 1.73% | 6.29% | 7.41% | 6.58% |
| Axis Money Market Fund Direct-idcw Monthly |
₹18,185 | 0.73% | 1.73% | 6.29% | 7.41% | 6.58% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Union Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
|
Union Money Market Fund Regular-growth
|
₹1,136 | 0.63% | 1.64% | 2.92% | 5.64% | 6.37% |
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Union Money Market Fund Regular-idcw Daily
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₹1,136 | 0.63% | 1.64% | 2.92% | 5.64% | 6.37% |
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Union Money Market Fund Direct-idcw Monthly
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₹1,136 | 0.69% | 1.82% | 3.26% | 6.37% | 7.14% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| SBI Savings Fund-growth |
₹34,349 | ₹43.81 | 6.79% | 5.96% | 6.24% |
| SBI Savings Fund Direct-growth |
₹34,349 | ₹47.18 | 7.28% | 6.47% | 6.84% |
| SBI Savings Fund-idcw Daily |
₹34,349 | ₹14.28 | 6.79% | 5.96% | 6.24% |
| SBI Savings Fund Direct-idcw Daily |
₹34,349 | ₹14.73 | 7.28% | 6.47% | 6.84% |
| SBI Savings Fund-idcw Monthly |
₹34,349 | ₹17.27 | 6.79% | 5.96% | 6.24% |
| SBI Savings Fund Direct-idcw Monthly |
₹34,349 | ₹18.70 | 7.28% | 6.47% | 6.84% |
| SBI Savings Fund-idcw Weekly |
₹34,349 | ₹16.22 | 6.79% | 5.96% | 6.24% |
| SBI Savings Fund Direct-idcw Weekly |
₹34,349 | ₹16.95 | 7.28% | 6.47% | 6.84% |
| Tata Money Market Fund Regular-growth |
₹33,030 | ₹5,009.94 | 7.23% | 6.41% | 5.85% |
| Tata Money Market Fund Direct-growth |
₹33,030 | ₹5,115.75 | 7.49% | 6.68% | 6.05% |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Reverse Repo | Unspecified | 4.78% | ₹54.31 Cr |
| Repo | Unspecified | 4.48% | ₹50.83 Cr |
| Axis Bank Limited Cd 10sep26 | Financial | 4.31% | ₹48.97 Cr |
| Punjab National Bank Cd 15sep26 | Financial | 4.31% | ₹48.94 Cr |
| Canara Bank Cd 15sep26 | Financial | 4.31% | ₹48.94 Cr |
| Hdfc Bank Limited Cd 21sep26 | Financial | 4.30% | ₹48.85 Cr |
| Indian Bank Cd 04dec26 | Financial | 4.24% | ₹48.11 Cr |
| Small Industries Development Bank Of India Cd 04dec26 | Financial | 4.23% | ₹48.07 Cr |
| Hdfc Bank Limited Cd 14dec26 | Financial | 4.22% | ₹47.98 Cr |
| The Federal Bank Limited Cd 04mar27 | Financial | 4.15% | ₹47.18 Cr |
| Lic Housing Finance Ltd 351d Cp 11mar27 | Financial | 4.15% | ₹47.10 Cr |
| Export Import Bank Of India Cd 11jun26 | Financial | 2.20% | ₹24.96 Cr |
| National Bank For Agriculture And Rural Development 91d Cp 15jun26 | Financial | 2.20% | ₹24.94 Cr |
| Godrej Industries Limited 161d Cp 15jun26 | Diversified | 2.20% | ₹24.94 Cr |
| Bank Of Baroda Cd 17jun26 | Financial | 2.20% | ₹24.93 Cr |
| Bank Of Baroda Cd 16sep26 | Financial | 2.15% | ₹24.46 Cr |
| Small Industries Development Bank Of India Cd 24sep26 | Financial | 2.15% | ₹24.41 Cr |
| Bharti Telecom Limited 365d Cp 18sep26 | Technology | 2.15% | ₹24.41 Cr |
| Axis Finance Limited 208d Cp 21sep26 | Financial | 2.15% | ₹24.39 Cr |
| Icici Securities Limited 328d Cp 22sep26 | Financial | 2.15% | ₹24.38 Cr |
Top Debt Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Tata Money Market Fund Direct-growth |
₹5,115.75 | 7.49% | 6.68% | - |
| Tata Money Market Fund Direct-idcw Daily |
₹1,114.52 | 7.49% | 6.68% | - |
| Nippon India Money Market Fund Direct-growth |
₹4,466.07 | 7.38% | 6.58% | - |
| Nippon India Money Market Fund Direct-idcw Daily |
₹1,006.24 | 7.38% | 6.58% | - |
| Nippon India Money Market Fund Direct-idcw Monthly |
₹1,031.29 | 7.38% | 6.58% | - |
| Nippon India Money Market Fund Direct-idcw Quarterly |
₹1,028.66 | 7.38% | 6.58% | - |
| Nippon India Money Market Fund Direct-idcw Weekly |
₹1,008.63 | 7.38% | 6.58% | - |
| Axis Money Market Fund Direct-growth |
₹1,534.96 | 7.41% | 6.58% | - |
| Axis Money Market Fund Direct-idcw Daily |
₹1,005.61 | 7.41% | 6.58% | - |
| Axis Money Market Fund Direct-idcw Monthly |
₹1,016.37 | 7.41% | 6.58% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Union Money Market Fund Direct-growth
What is the current AUM of Union Money Market Fund Direct-growth?
As of Sun May 31, 2026, Union Money Market Fund Direct-growth manages assets worth ₹1,135.8 crore
How has Union Money Market Fund Direct-growth performed recently?
- 3 Months: 1.82%
- 6 Months: 3.26%
What is the long-term performance of Union Money Market Fund Direct-growth?
- 3 Years CAGR: 7.14%
- Since Inception: 6.37%
What is the portfolio composition of Union Money Market Fund Direct-growth?
Debt: 92.71%, Others: 7.29%.
Who manages Union Money Market Fund Direct-growth?
Union Money Market Fund Direct-growth is managed by Devesh Thacker from Union Mutual Fund.
Which are the top companies Union Money Market Fund Direct-growth has invested in?
- Reverse Repo – 4.78% of the fund's portfolio
- Repo – 4.48% of the fund's portfolio
- AXIS BANK LIMITED CD 10SEP26 – 4.31% of the fund's portfolio
- PUNJAB NATIONAL BANK CD 15SEP26 – 4.31% of the fund's portfolio
- CANARA BANK CD 15SEP26 – 4.31% of the fund's portfolio
Which are the major sectors Union Money Market Fund Direct-growth focuses on?
- Financial – 53.42% of the fund's portfolio
- Unspecified – 9.26% of the fund's portfolio
- Diversified – 2.20% of the fund's portfolio
- Technology – 2.15% of the fund's portfolio
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^Returns as on 10th Jan’25. Tata AIA Life Top 200 ULIP Fund has delivered 18% returns over the last 10 years. Past performance is not necessarily indicative of future results. This disclaimer is specifically regarding a ULIP fund and is not related to mutual funds. Source: Morningstar.
