Markets / Mutual funds / Ultra Short Duration
Union Mutual Fund · Debt fund · Regular plan · IDCW
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.
Bars: this plan; the thin mark is the Ultra Short Duration average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.2 | +1.0 | +1.3 | +1.2 | +0.1 | +0.6 | +0.0 | +0.5 | +0.8 | +0.5 | -0.1 | |
| 2026 | -0.0 | +0.8 | -0.3 | +0.4 | +0.2 | +1.7 | +0.1 | +0.1 | +0.2 | -0.1 | +0.5 |
Each month's change in NAV (the current month to the latest NAV).
Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.
| Share of fund | 31 Oct 2026 | 30 Sept 2026 | Change |
|---|---|---|---|
| Debt | 58.5% | 55.9% | +2.64 |
| Money market | 26.5% | 22.8% | +3.68 |
| Cash & others | 15.0% | 21.3% | -6.32 |
Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.
| Holding | % of fund |
|---|---|
| TREPS | 11.48% |
| Indian Oil Corporation Ltd.** INE242A08569 | 9.50% |
| Jio Credit Ltd.** INE282H07026 | 9.49% |
| Small Industries Development Bank of India** INE556F08LA4 | 9.41% |
| REC Ltd. INE020B08GF9 | 9.32% |
| Power Finance Corporation Ltd.** INE134E08LC9 | 9.31% |
| Bank of Baroda INE028A16LS0 | 7.56% |
| Canara Bank INE476A16H84 | 7.56% |
| National Bank for Agriculture and Rural Development INE261F08EO7 | 6.70% |
| ICICI Bank Ltd.** INE090AD6295 | 6.62% |
| Export-Import Bank of India** INE514E08GB4 | 4.81% |
| Kotak Mahindra Bank Ltd.** INE237AD6174 | 4.73% |
| Net Receivable / Payable | 2.01% |
| Corporate Debt Mkt Devp. Fund-A2 INF0RQ622028 | 1.50% |
From the fund house's monthly portfolio (unionmf.com), as on 31 Oct 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.
Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 7 Feb 2025).
The ranges the fund is allowed to hold, not what it holds today.
| Fund size (average AUM, July - September 2026) | ₹107 cr across all plans · this plan ₹0.02 cr |
| Fund house | Union Mutual Fund |
| Category | Debt · Ultra Short Duration |
| Plan | Regular |
| Option | IDCW |
| Expense ratio (TER) | Direct 0.41% · Regular 0.80% (6 Nov 2026) |
| Minimum investment | ₹1,000 · additional ₹1,000 |
| Scheme code (AMFI) | 153241 |
| ISIN | INF582M01KL9 |
| NAV date | 6 Nov 2026 |
Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.
| Plan | NAV | 1 year |
|---|---|---|
| Direct · Growth | ₹11.1207 | +4.27% |
| Direct · IDCW | ₹11.1207 | +4.27% |
| Regular · Growth | ₹11.0436 | +3.88% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| Tata Ultra Short Term Fund | +6.92% | +7.48% |
| Mirae Asset Ultra Short to Short Term Fund | +6.12% | +7.42% |
| Axis Ultra Short Term Fund | +6.65% | +7.41% |
| Axis Ultra Short to Short Term Fund | +6.08% | +7.40% |
| Mirae Asset Ultra Short-Term Fund | +6.63% | +7.40% |
| HSBC Ultra Short to Short Term Fund | +5.56% | +7.27% |
| ICICI Prudential Ultra Short to Short Term Fund | +5.90% | +7.25% |
| Tata Ultra Short to Short Term Fund | +6.12% | +7.25% |
All Ultra Short Duration funds ranked › · Compare with others ›
Information only, not investment advice.
₹11.0436 as of 6 Nov 2026, from AMFI's official NAV data.
1 year: 3.88%
Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.