evenfolioFund Details
Union Mutual Fund·Ultra Short Duration·Direct plan, growth
Union Short Term Fund
- NAV
- ₹11.06
- —30 Oct 2026
- AUM (₹ Cr)
- 107
- Average, July - September 2026
- Expense ratio
- 0.35%
- Regular 0.80%
- Risk
- Moderate
- SEBI riskometer
- 1Y return
- 3.9%-0.4%
- Benchmark 4.3%
- 3Y CAGR
- —
- Category 7.2%
- 5Y CAGR
- —
- Category 6.6%
Loading NAV history…
Union Short Term Fund
Rank in category
Too young for a combined rank, which needs five years. On its 1-year return it is #49 of 49.
Fund
Aditya Birla Sun Life Ultra Short TermAditya Birla Sun Life Ultra Short Term Fund#4#136.4%#47.4%#46.8%
Nippon India Ultra Short to Short TermNippon India Ultra Short to Short Term Fund#9#296.0%#67.3%#76.7%
Mahindra Manulife Ultra Short to Short TermMahindra Manulife Ultra Short to Short Term Fund#15#335.9%#117.3%#146.7%
Mirae Asset Ultra Short to Short TermMirae Asset Ultra Short to Short Term Fund#16#325.9%#97.3%#186.6%
ICICI Prudential Ultra Short to Short TermICICI Prudential Ultra Short to Short Term Fund#19#345.9%#137.3%#166.7%
Aditya Birla Sun Life Ultra short to short termAditya Birla Sun Life Ultra short to short term Fund#22#445.6%#207.2%#66.8%
Canara Robeco Ultra Short to Short TermCanara Robeco Ultra Short to Short Term Fund#34#375.8%#347.1%#316.5%
Invesco India Ultra Short to Short TermInvesco India Ultra Short to Short Term Fund#39#465.6%#377.0%#346.4%
Baroda Bnp Paribas Ultra Short to Short TermBaroda Bnp Paribas Ultra Short to Short Term Fund—#286.0%#197.2%—
Ranked on 1Y, 3Y and 5Y together. 40 of 52 funds have a rank here; it needs a 5-year record. Direct plan, growth option. Click a column to rank by it.
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily NAVs. Risk-free rate 6.5% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.1% | +0.2% | +2.4% | +3.3% | +3.9% | — | — | — | +5.9% |
| CRISIL Short Duration Debt A-II Index | — | — | — | — | 4.3% | — | — | — | 6.1% |
| Ultra Short Duration average | 0.3% | 1.2% | 3.1% | 5.0% | 6.1% | 7.2% | 6.6% | 6.6% | 6.7% |
| Difference | — | — | — | — | -0.4% | — | — | — | -0.2% |
Portfolio
Fund details
- Fund house
- Union Mutual Fund
- Category
- Debt · Ultra Short Duration
- SEBI classification
- Debt / Short Term
- Benchmark
- CRISIL Short Duration Debt A-II Index
- Launch date
- 3 Feb 2025 (1.7 years)
- Structure
- Open Ended
- Plans and options
- Direct Growth, Regular Growth
- Fund manager
- Anindya Sarkar
- Minimum SIP
- ₹500
- Minimum lumpsum
- ₹1,000 (then ₹1,000)
- Exit load
- None
- Lock-in
- None
- Riskometer
- Moderate (benchmark Low to Moderate)
- Expense ratio as of
- 29 Oct 2026
- AUM period
- July - September 2026
- ISIN, Direct Growth
- INF582M01KO3
- ISIN, Regular Growth
- INF582M01KK1
- Scheme code
- 153242, 153240
NAV and returns as of 30 Oct 2026; returns are for the direct plan, growth option, before entry or exit costs. Not investment advice.
Other ultra short duration funds
Other funds in the Ultra Short Duration category.
- ICICI Prudential Ultra Short to Short Term FundICICI Prudential Mutual Fund · ₹21,021 Cr · ER 0.42%5Y 6.7%
- Aditya Birla Sun Life Ultra Short Term FundAditya Birla Sun Life Mutual Fund · ₹18,395 Cr · ER 0.32%5Y 6.8%
- HDFC Ultra Short to Short Term FundHDFC Mutual Fund · ₹17,861 Cr · ER 0.46%5Y 6.7%
- HDFC Ultra Short Term FundHDFC Mutual Fund · ₹17,067 Cr · ER 0.39%5Y 6.6%
- ICICI Prudential Ultra Short term FundICICI Prudential Mutual Fund · ₹15,759 Cr · ER 0.40%5Y 6.8%
- Kotak Ultra Short Term FundKotak Mahindra Mutual Fund · ₹15,663 Cr · ER 0.36%5Y 6.6%