- Home
- Mutual Funds
- Union Mutual Fund
- Union Short Duration Fund Direct-growth
Fund Overview of Union Short Duration Fund Direct-growth
-
₹109.7 CrAUM
-
₹10.95NAV
-
0.36%Expense Ratio
-
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 Short Duration Fund Direct-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.63% | NA | 1.00% |
| 6 Months | 2.57% | NA | 4.64% |
| 1 Year | 5.09% | 5.09% | 8.71% |
Compare Union Short Duration Fund Direct-growth with other mutual funds in the same category
Union Short Duration Fund Direct-growth
Bank Of India Short Term Income Fund Direct-growth
Bank Of India Short Term Income Fund Direct-idcw Monthly
Asset Allocation
debt instruments
91.39%other assets or cash equivalents
8.61%Union Short Duration Fund Direct-growth is one Debt mutual fund offered by Union Mutual Fund. Launched on 31 Jan 2025, the fund aims Short term income generation and capital appreciation solution. A debt fund that aims to generate income by investing in a range of debt and money market instruments of various maturities. It manages assets worth ₹109.7 crore as on Sun May 31, 2026. The expense ratio stands at 0.36%. Fund Manager Manager Education Fund Manager Manager EducationAbout Union Short Duration Fund Direct-growth
The portfolio allocation consists of 91.39% in debt instruments, 8.61% in other assets or cash equivalents.Managed by Shrenuj Parekh, it has delivered a return of 5.09% in the last year, a total return since inception of 6.84%.
Considering individual goals individuals may compare best sip in india as part of the long-term financial strategy.
Fund Details
|
|
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Bank Of India Short Term Income Fund Direct-growth  |
₹267 | 1.21% | 1.55% | 5.25% | 7.55% | 10.68% |
| Bank Of India Short Term Income Fund Direct-idcw Monthly |
₹267 | 1.21% | 1.55% | 5.25% | 7.55% | 10.68% |
| Bank Of India Short Term Income Fund Direct-idcw Quarterly |
₹267 | 1.21% | 1.55% | 5.25% | 7.55% | 10.68% |
| Bank Of India Short Term Income Fund Regular-growth |
₹267 | 1.15% | 1.39% | 4.65% | 6.97% | 10.16% |
| Bank Of India Short Term Income Fund Regular-idcw Monthly |
₹267 | 1.15% | 1.39% | 4.65% | 6.97% | 10.16% |
| Bank Of India Short Term Income Fund Regular-idcw Quarterly |
₹267 | 1.15% | 1.39% | 4.65% | 6.97% | 10.16% |
| Sundaram Short Duration Fund Direct-growth |
₹187 | 1.10% | 1.61% | 5.41% | 7.47% | 7.97% |
| Sundaram Short Duration Fund Direct-idcw Monthly |
₹187 | 1.10% | 1.61% | 5.41% | 7.47% | 7.97% |
| UTI Short Duration Direct-flexi Idcw |
₹2,405 | 1.15% | 1.58% | 5.23% | 7.44% | 7.57% |
| UTI Short Duration Direct-growth |
₹2,405 | 1.15% | 1.58% | 5.23% | 7.44% | 7.57% |
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 Short Duration Fund Regular-growth
|
₹110 | 1.24% | 1.52% | 2.41% | 4.72% | - |
|
Union Short Duration Fund Direct-idcw
|
₹110 | 1.28% | 1.63% | 2.57% | 5.09% | - |
|
Union Short Duration Fund Regular-idcw
|
₹110 | 1.24% | 1.52% | 2.41% | 4.72% | - |
growth is based on 1-month returns of the fundsMutual Fund Calculator
- 1
- 2
- 3
- 4
- 6
- 7
- 8
- 9
- 11
- 12
- 13
- 14
- 16
- 17
- 18
- 19
- 21
- 22
- 23
- 24
- 26
- 27
- 28
- 29
- 31
- 32
- 33
- 34
- 36
- 37
- 38
- 39
- 40
- 1
- 2
- 3
- 4
- 6
- 7
- 8
- 9
- 11
- 12
- 13
- 14
- 16
- 17
- 18
- 19
- 21
- 22
- 23
- 24
- 26
- 27
- 28
- 30
- 1
- 2
- 3
- 4
- 6
- 7
- 8
- 9
- 11
- 12
- 13
- 14
- 16
- 17
- 18
- 19
- 21
- 22
- 23
- 24
- 26
- 27
- 28
- 29
- 31
- 32
- 33
- 34
- 36
- 37
- 38
- 39
- 40
- 1
- 2
- 3
- 4
- 6
- 7
- 8
- 9
- 11
- 12
- 13
- 14
- 16
- 17
- 18
- 19
- 21
- 22
- 23
- 24
- 26
- 27
- 28
- 30
Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Short Term Fund-growth |
₹21,229 | ₹63.63 | 7.31% | 6.47% | 7.27% |
| ICICI Prudential Short Term Fund Direct Plan-growth |
₹21,229 | ₹69.79 | 7.95% | 7.17% | 8.04% |
| ICICI Prudential Short Term Fund-idcw Monthly |
₹21,229 | ₹12.19 | 7.31% | 6.47% | 7.27% |
| ICICI Prudential Short Term Fund Direct Plan-idcw Monthly |
₹21,229 | ₹12.81 | 7.95% | 7.17% | 8.04% |
| Kotak Bond Short Term Fund Direct-growth |
₹15,287 | ₹60.53 | 7.51% | 6.53% | 7.51% |
| Kotak Bond Short Term Fund Regular-growth |
₹15,287 | ₹54.60 | 6.70% | 5.70% | 6.65% |
| Kotak Bond Short Term Fund Direct-idcw |
₹15,287 | ₹16.06 | 7.51% | 6.53% | 7.51% |
| Kotak Bond Short Term Fund Regular-idcw |
₹15,287 | ₹12.12 | 6.70% | 5.70% | 6.65% |
| HDFC Short Term Debt Fund-growth |
₹14,864 | ₹33.79 | 7.31% | 6.28% | 7.22% |
| HDFC Short Term Debt Fund Direct Plan-growth |
₹14,864 | ₹34.98 | 7.64% | 6.66% | 7.53% |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Indian Oil Corporation Limited Sr Xxvii 7.25 Ncd 06jn30 Fvrs1lac | Energy & Utilities | 9.00% | ₹9.87 Cr |
| Jio Credit Limited Sr Ii 7.08 Ncd 26my28 Fvrs1lac | Financial | 8.96% | ₹9.82 Cr |
| Government Of India 37080 Goi 16fb31 6.36 Fv Rs 100 | Entities | 8.95% | ₹9.82 Cr |
| Rec Limited Sr 248a 6.52 Bd 31jn28 Fvrs1lac | Financial | 8.94% | ₹9.80 Cr |
| Power Finance Corporation Ltd. Sr 207 7.04 Bd 16dc30 Fvrs10lac | Financial | 8.87% | ₹9.73 Cr |
| Icici Bank Limited Cd 08mar27 | Financial | 8.61% | ₹9.44 Cr |
| National Bank For Agriculture And Rural Development Sr 25g 7.48 Bd 15sp28 Fvrs1lac | Financial | 7.24% | ₹7.94 Cr |
| Bank Of Baroda Cd 08mar27 | Financial | 6.88% | ₹7.55 Cr |
| Canara Bank Cd 11mar27 | Financial | 6.88% | ₹7.54 Cr |
| Hdfc Bank Limited Cd 09mar27 | Financial | 6.88% | ₹7.54 Cr |
| Repo | Unspecified | 6.52% | ₹7.14 Cr |
| Bharti Telecom Limited Sr Xxv 7.35 Ncd 15ot27 Fvrs1lac | Technology | 4.50% | ₹4.94 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 4.30% | ₹4.72 Cr |
| Net Receivables | Unspecified | 2.09% | ₹2.29 Cr |
| Others Class A2 Aif | Unspecified | 1.38% | ₹1.52 Cr |
Top Debt Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Bank Of India Short Term Income Fund Direct-growth |
₹30.65 | 7.55% | 10.68% | - |
| Bank Of India Short Term Income Fund Direct-idcw Monthly |
₹14.90 | 7.55% | 10.68% | - |
| Bank Of India Short Term Income Fund Direct-idcw Quarterly |
₹14.13 | 7.55% | 10.68% | - |
| Bank Of India Short Term Income Fund Regular-growth |
₹28.04 | 6.97% | 10.16% | - |
| Bank Of India Short Term Income Fund Regular-idcw Monthly |
₹14.39 | 6.97% | 10.16% | - |
| Bank Of India Short Term Income Fund Regular-idcw Quarterly |
₹14.18 | 6.97% | 10.16% | - |
| Sundaram Short Duration Fund Direct-growth |
₹50.63 | 7.47% | 7.97% | - |
| Sundaram Short Duration Fund Direct-idcw Monthly |
₹13.19 | 7.47% | 7.97% | - |
| UTI Short Duration Direct-flexi Idcw |
₹19.67 | 7.44% | 7.57% | - |
| UTI Short Duration Direct-growth |
₹35.60 | 7.44% | 7.57% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Union Short Duration Fund Direct-growth
What is the current AUM of Union Short Duration Fund Direct-growth?
As of Sun May 31, 2026, Union Short Duration Fund Direct-growth manages assets worth ₹109.7 crore
How has Union Short Duration Fund Direct-growth performed recently?
- 3 Months: 1.63%
- 6 Months: 2.57%
What is the long-term performance of Union Short Duration Fund Direct-growth?
- Since Inception: 6.84%
What is the portfolio composition of Union Short Duration Fund Direct-growth?
Debt: 91.39%, Others: 8.61%.
Who manages Union Short Duration Fund Direct-growth?
Union Short Duration Fund Direct-growth is managed by Shrenuj Parekh from Union Mutual Fund.
Which are the top companies Union Short Duration Fund Direct-growth has invested in?
- INDIAN OIL CORPORATION LIMITED SR XXVII 7.25 NCD 06JN30 FVRS1LAC – 9.00% of the fund's portfolio
- JIO CREDIT LIMITED SR II 7.08 NCD 26MY28 FVRS1LAC – 8.96% of the fund's portfolio
- GOVERNMENT OF INDIA 37080 GOI 16FB31 6.36 FV RS 100 – 8.95% of the fund's portfolio
- REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC – 8.94% of the fund's portfolio
- POWER FINANCE CORPORATION LTD. SR 207 7.04 BD 16DC30 FVRS10LAC – 8.87% of the fund's portfolio
Which are the major sectors Union Short Duration Fund Direct-growth focuses on?
- Financial – 67.56% of the fund's portfolio
- Unspecified – 9.99% of the fund's portfolio
- Energy & Utilities – 9.00% of the fund's portfolio
- Entities – 8.95% of the fund's portfolio
- Technology – 4.50% of the fund's portfolio
Policybazaar does not endorse rates/returns or recommend any particular insurer, fund house, AMC (Asset Management Company), insurance and mutual fund product.
Please consult your financial advisor for an informed decision.
Past performance may not be indicative of future results.
The information presented on this page is not owned or generated by Policybazaar. The data has been collected from publicly available sources and online research. We do not claim any ownership or guarantee the accuracy, completeness, or timeliness of this information. It is shared solely for the informational purpose of the viewer and should not be considered as financial advice.
Policybazaar is not acting as a financial advisor, broker, or agent for any mutual fund mentioned here.
Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing.
Policybazaar shall not be held responsible or liable for any losses, damages, or decisions made based on the information provided on this page.
For a complete list of mutual funds registered in India, please refer to the Securities and Exchange Board of India (SEBI) website at www.sebi.gov.in. We do not sell, endorse, or recommend any mutual fund or investment product. For a complete list of mutual funds registered in India, please refer to the Securities and Exchange Board of India (SEBI) website at www.sebi.gov.in. We do not sell, endorse, or recommend any mutual fund or investment product.
For more details on risk factors, terms, and conditions, please read the sales brochure and benefit illustration carefully before concluding a sale.
Policybazaar is a registered Insurance Broker | Registration No. 742, Registration Code No. IRDA/ DB 797/ 19, Valid till 09/06/2024, License category- Direct Broker (Life & General) |CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 |Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.©️ Copyright 2008-2025 policybazaar.com. All Rights Reserved
^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.
