Union Low Duration Fund Direct Growth
Get the latest NAV of Union Low Duration Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.09
NAV as on 15 Sep 2025
0.89%/per year
Since Inception
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58 people have invested ₹ 5.2L in Union Low Duration Fund Direct Growth in the last three months
Union Low Duration Fund Performance vs. Low Duration Index
Fund returns vs Benchmark returns vs Category Average returns as on (15-Sep-25)
The fund has underperformed the benchmark (Low Duration Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Union Low Duration Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Union Low Duration Fund Asset Allocation
See fund asset allocation details as on (14-Sep-25)
Fund Distribution
as on (14-Sep-25)
Union Low Duration Fund Sector Allocation
See fund sector allocation details as on (14-Sep-25)
Sector Allocation
Union Low Duration Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.25% |
Benchmark | NIFTY Low Duration Debt Idx A-I TR INR |
| AUM | ₹758 Cr |
| Inception Date | 16 July, 2025 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Low to Moderate Risk |
About Union Low Duration Fund
Union Low Duration Fund Direct Growth is a debt fund. This fund was started on 16 July, 2025. The fund is managed by Devesh Thacker, Anindya Sarkar. This fund is suitable to keep your money safe.
Key Parameters
- Union Low Duration Fund Direct Growth has ₹758 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Union Low Duration Fund Direct Growth has given a CAGR return of 0.89% since inception.
Holdings
Union Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Jamnagar Utilities & Power Private Limited, Pnb Housing Finance Limited, National Bank For Agriculture And Rural Development, Power Finance Corporation Limited, Small Industries Development Bank Of India
Taxation
As it is a low duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Union Low Duration Fund Direct Growth
The Investment objective of the scheme is to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns such that the Macaulay Duration of the portfolio is between 6 months to 12 months.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Low Duration Fund Direct Growth has no lock in period.
Fund Manager
Devesh Thacker
Fund Manager of Union Low Duration Fund Direct Growth, since 16 July 2025
Anindya Sarkar
Fund Manager of Union Low Duration Fund Direct Growth, since 1 August 2025
Frequently Asked Questions for Union Low Duration Fund Direct Growth
How do I invest in Union Low Duration Fund?
- Download the INDmoney app.
- Search for ‘Union Low Duration Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.