Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl
Debt
Direct
Money Market
NAV: ₹ 1001.8 as on 29-09-2023
Fund Performance
About the Fund
Union Money Market Fund Direct Monthly Payout 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
- Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl has ₹176 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl Overview
 | 0.29% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹176 Cr |
 | 26 August, 2021 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 297.02% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
43.6%
Government
36.1%
Cash Equivalent
20.3%
Top Holdings of Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)
Debt Holdings23
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 364 DTB 07032024 | 8.26% | 0% | |
ICICI Bank Limited | 5.62% | 100% | |
Bank Of Baroda | 5.62% | 0% | |
Small Industries Development Bank Of India | 5.62% | 100% | |
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 5.6% | 0% |
See all
Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 172.9 Cr as of Aug'23
- AUM decreased by 14.2 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl Fund Manager
Devesh Thacker
Fund Manager of Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl, since 26 August 2021
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 0.09% since inception which is less than its category average return of 4.84%
AUM size ₹176 Cr
This fund has AUM of ₹176 Cr which is less than its category average of ₹ 5733 Cr
Expense Ratio 0.29%
This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.35%
Frequently Asked Questions
The current NAV of Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl is ₹1001.83 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.06% | 0.06% |
6 Month Returns | 0.1% | 0.1% |
1 Year Returns | 0.12% | 0.12% |
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 August 2023
₹176 Cr as on August 2023
364 DTB 07032024(8.26%), Bank Of Baroda(5.62%), ICICI Bank Limited(5.62%), Small Industries Development Bank Of India(5.62%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(5.6%) as on August 2023
Corporate(38.83%), Government(35.4%), Cash Equivalent(25.77%) as on August 2023
Yield to Maturity is 7.16 as on August 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 0.41 as on August 2023. 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 Monthly Payout Inc Dist cum Cap Wdrl
The Exit load of Union Money Market Fund Direct Monthly Payout Inc Dist cum Cap Wdrl is 0%