Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Debt
Direct
Medium Duration
NAV: ₹ 11.5 as on 04-12-2023
Fund Performance
About the Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal has ₹241 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 Reinvestment of Income Distribution cum capital withdrawal Overview
 | 0.67% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹241 Cr |
 | 14 September, 2020 |
 | ₹1000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 88.56% |
Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
70.9%
Corporate
23.8%
Cash Equivalent
5.3%
Top Holdings of Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal as on (30-Nov-23)
Debt Holdings11
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2029 | 24.39% | -25% | |
7.38% Govt Stock 2027 | 12.35% | 0% | |
7.06% Govt Stock 2028 | 12.22% | 0% | |
Power Finance Corporation Ltd. | 8.2% | 0% | |
HDFC Bank Limited | 8.14% | 0% |
See all
Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 239.9 Cr as of Oct'23
- AUM increased by 106.1 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Peer Analysis
Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal Fund Manager
Anindya Sarkar
Fund Manager of Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 14 September 2020
Top funds managed
Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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 4.36% since inception which is less than its category average return of 4.38%
AUM size ₹241 Cr
This fund has AUM of ₹241 Cr which is less than its category average of ₹ 1579 Cr
Expense Ratio 0.67%
This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.01%
Frequently Asked Questions
The current NAV of Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal is ₹11.48 as on 04-Dec-2023.
Existing (Absolute + CAGR) as on 04-Dec-2023.
Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.67% | 0.67% |
6 Month Returns | 2.06% | 2.06% |
1 Year Returns | 6.13% | 6.13% |
3 Years Returns | 11.99% | 3.85% |
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.
0.67% as on November 2023
₹241 Cr as on November 2023
7.1% Govt Stock 2029(24.39%), 7.38% Govt Stock 2027(12.35%), 7.06% Govt Stock 2028(12.22%), Power Finance Corporation Ltd.(8.2%), HDFC Bank Limited(8.14%) as on November 2023
Government(65.35%), Corporate(28.61%), Cash Equivalent(6.04%) as on November 2023
Yield to Maturity is 7.54 as on November 2023. 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 3.42 as on November 2023. 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 Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Union Medium Duration Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 1%