Union Short Term Fund Direct Growth
Get the latest NAV of Union Short Term 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.
₹11.06
1D
NAV as on 15 Oct 2026
6.11%/per year
Since Inception
▲▼
Union Short Term Fund Performance vs. Short Duration Index
Fund returns vs Benchmark returns vs Category Average returns as on (15-Oct-26)
The fund has outperformed the benchmark (Short Duration Index) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
Union Short Term Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Union Short Term Fund Asset Allocation
See fund asset allocation details as on (14-Oct-26)
Fund Distribution
as on (14-Oct-26)
Union Short Term Fund Sector Allocation
See fund sector allocation details as on (14-Oct-26)
Sector Allocation
Top 2 Sectors in September were Corporate, Government
Corporate
61%
Government
12%
Corporate
56%
Government
22%
Union Short Term Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.35% |
Benchmark | CRISIL Short Duration Debt A-II TR INR |
| AUM | ₹111 Cr |
| Inception Date | 31 January, 2025 |
| Min Lumpsum/SIP | ₹1,000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 41.55% |
| Risk |   Moderate Risk |
About Union Short Term Fund
Union Short Term Fund Direct Growth is a debt fund. This fund was started on 31 January, 2025. The fund is managed by Anindya Sarkar, Shrenuj Parekh. This fund is suitable to keep your money safe.
Key Parameters
- Union Short Term Fund has ₹111 Cr worth of assets under management (AUM) as on Oct 2026 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Union Short Term Fund has given a CAGR return of 6.11% since inception. Over the last 1 year the fund has given a CAGR return of 4.12%.
Holdings
Union Short Term Fund has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Jio Credit Limited, Small Industries Development Bank Of India, Indian Oil Corporation Limited, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), Power Finance Corporation Limited
Taxation
As it is a short 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 Short Term Fund
The Scheme is an actively managed Scheme with an investment objective 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. There is no assurance that the investment objective of the Scheme will be achieved
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Short Term Fund has no lock in period.
Fund Manager
Anindya Sarkar
Fund Manager of Union Short Term Fund, since 31 January 2025
Shrenuj Parekh
Fund Manager of Union Short Term Fund, since 31 January 2025
- AUM of the fund stands at 110.8 Cr as of Sep'26
- AUM decreased by 1.5 Cr between Sep'26 and Aug'26
Frequently Asked Questions for Union Short Term Fund Direct Growth
How do I invest in Union Short Term Fund?
- Download the INDmoney app.
- Search for ‘Union Short Term 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.