Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

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Debt
Direct
Money Market
NAV: ₹ 1000 as on 17-09-2021
Fund Performance

About the Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 26 August, 2021. The fund is managed by Devesh Thacker. This fund is suitable to keep your money safe.

Key Parameters

  1. Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl has ₹189 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl Overview

Expense ratio
Expense ratio
0.29%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹189 Cr
Inception Date
Inception Date
26 August, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
297.02%

Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Cash Equivalent
39.7%
Government
36.9%
Corporate
23.3%

Top Holdings of Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl as on (31-Jan-24)

  • Debt & Cash

Debt Holdings22
Holdings
Weight%
1M Change
Bank Of Maharashtra
Bank Of Maharashtra
5.28%
0%
Redington (India) Limited
Redington (India) Limited
5.26%
0%
Export-Import Bank Of India
Export-Import Bank Of India
5.26%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
5.26%
0%
Cholamandalam Investment And Fin. Co. Ltd
Cholamandalam Investment And Fin. Co. Ltd
5.16%
0%

Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 183.8 Cr
₹ 185.8 Cr
₹ 178.1 Cr
  • AUM of the fund stands at 183.8 Cr as of Jan'24
  • AUM decreased by 2 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl Fund Manager

Devesh Thacker
Devesh Thacker
Fund Manager of Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl, since 26 August 2021

Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 0% since inception which is less than its category average return of 4.92%
AUM size ₹189 Cr

AUM size ₹189 Cr

This fund has AUM of ₹189 Cr which is less than its category average of ₹ 5829 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.34%

Frequently Asked Questions

The current NAV of Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl is ₹1000 as on 17-Sep-2021.
Existing (Absolute + CAGR) as on 17-Sep-2021.
Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
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.
0.29% as on January 2024
₹189 Cr as on January 2024
Bank Of Maharashtra(5.28%), National Bank For Agriculture And Rural Development(5.26%), Redington (India) Limited(5.26%), Export-Import Bank Of India(5.26%), Cholamandalam Investment And Fin. Co. Ltd(5.16%) as on January 2024
Cash Equivalent(38.99%), Government(35.79%), Corporate(25.22%) as on January 2024
Yield to Maturity is 7.6 as on January 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 0.38 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Devesh Thacker is the fund manager of Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Union Money Market Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl is 0%