Union Medium Duration Fund Direct Growth
Debt
Direct
Medium Duration
NAV: ₹ 11.81 as on 18-04-2024
Fund Performance
4 people have invested ₹ 1.8L in Union Medium Duration Fund Direct Growth in the last three months
About the Union Medium Duration Fund Direct Growth
Union Medium Duration Fund Direct Growth is a debt fund. This fund was started on 14 September, 2020. The fund is managed by Anindya Sarkar. This fund is suitable to keep your money safe.
Key Parameters
- Union Medium Duration Fund Direct Growth has ₹227 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.7.
Union Medium Duration Fund Direct Growth Overview
 | 0.68% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹227 Cr |
 | 14 September, 2020 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 88.56% |
Union Medium Duration Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
50.5%
Corporate
36.8%
Cash Equivalent
12.6%
Top Holdings of Union Medium Duration Fund Direct Growth as on (31-Mar-24)
Debt Holdings11
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2029 | 22.88% | 0% | |
Rural Electrification Corporation Limited | 9.26% | 0% | |
Power Finance Corporation Ltd. | 9.21% | 0% | |
National Bank For Agriculture And Rural Development | 9.17% | 0% | |
HDFC Bank Limited | 9.17% | 0% |
See all
Union Medium Duration Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 223.5 Cr as of Mar'24
- AUM increased by 1.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Union Medium Duration Fund Direct Growth Fund Manager
Anindya Sarkar
Fund Manager of Union Medium Duration Fund Direct Growth, since 14 September 2020
Top funds managed
Union Medium Duration Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 4.74% since inception which is more than its category average return of 4.39%
AUM size ₹227 Cr
This fund has AUM of ₹227 Cr which is less than its category average of ₹ 1550 Cr
Expense Ratio 0.68%
This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.01%
Frequently Asked Questions
The current NAV of Union Medium Duration Fund Direct Growth is ₹11.81 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Union Medium Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.16% | 0.16% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 6.49% | 6.49% |
3 Years Returns | 15.08% | 4.79% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.68% as on March 2024
₹227 Cr as on March 2024
7.1% Govt Stock 2029(22.88%), Rural Electrification Corporation Limited(9.26%), Power Finance Corporation Ltd.(9.21%), HDFC Bank Limited(9.17%), National Bank For Agriculture And Rural Development(9.17%) as on March 2024
Government(50.55%), Corporate(36.83%), Cash Equivalent(12.63%) as on March 2024
Yield to Maturity is 7.37 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.68 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Anindya Sarkar is the fund manager of Union Medium Duration Fund Direct Growth
The Exit load of Union Medium Duration Fund Direct Growth is 1%