Union Money Market Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl

Union Money Market Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl

Compare
Debt
Direct
Money Market
NAV: ₹ 1004.97 as on 17-05-2024

About the Fund

Union Money Market Fund Direct Monthly Transfer 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 Monthly Transfer Inc Dist cum Cap Wdrl has ₹169 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.
Fund Performance

Overview

Expense ratio
Expense ratio
0.29%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹169 Cr
Inception Date
Inception Date
26 August, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
297.02%

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

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
39.6%
Government
31.1%
Cash Equivalent
29.3%

Top Holdings of Union Money Market Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings14
Holdings
Weight%
1M Change
Axis Bank Limited
Axis Bank Limited
5.87%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
5.87%
0%
Bajaj Finance Limited
Bajaj Finance Limited
5.78%
0%
ICICI Bank Limited
ICICI Bank Limited
5.72%
0%
364 DTB 05122024
364 DTB 05122024
5.69%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 168.7 Cr
₹ 202.3 Cr
₹ 170.2 Cr
  • AUM of the fund stands at 168.7 Cr as of Apr'24
  • AUM decreased by 33.6 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

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

Union Money Market Fund Direct Monthly Transfer 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 0.18% since inception which is less than its category average return of 4.96%
AUM size ₹169 Cr

AUM size ₹169 Cr

This fund has AUM of ₹169 Cr which is less than its category average of ₹ 6891 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 Monthly Transfer Inc Dist cum Cap Wdrl is ₹1004.97 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Union Money Market Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.11%
-0.11%
6 Month Returns
-0.02%
-0.02%
1 Year Returns
0.01%
0.01%
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 April 2024
₹169 Cr as on April 2024
Axis Bank Limited(5.87%), LIC Housing Finance Limited(5.87%), Bajaj Finance Limited(5.78%), ICICI Bank Limited(5.72%), 364 DTB 05122024(5.69%) as on April 2024
Corporate(39.57%), Government(31.1%), Cash Equivalent(29.33%) as on April 2024
Yield to Maturity is 7.29 as on April 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 0.5 as on April 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 Monthly Transfer Inc Dist cum Cap Wdrl
The Exit load of Union Money Market Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl is 0%