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Union Ultra Short to Short Term Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

Union Mutual Fund · Debt fund · Direct plan · Growth

Ultra Short DurationDirect · GrowthRisk: Low to Moderate
NAV · 6 Nov 2026
₹10.7427 ▼ 0.01%
Union Mutual Fund
Fund size₹351 crJuly - September 2026
1-month range₹10.71 – 10.74
1 year+5.38%rank 37 of 39
Expense ratio0.27%direct plan, a year
5 years–a year

What the fund does

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.There is no assurance that the investment objective of the Scheme will be achieved

BenchmarkNifty Low Duration Debt Index A-I $ $ Nifty Benchmark Disclaimer: The Product(s) are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited ("IISL")). NSE INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the Nifty Low Duration Debt Index A-I to track general stock market performance in India. The relationship of NSE INDICES LIMITED to the Issuer is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NSE INDICES LIMITED without regard to the Issuer or the Product(s). NSE INDICES LIMITED does not have any obligation to take the needs of the Issuer or the owners of the Product(s) into consideration in determining, composing or calculating the Nifty Low Duration Debt Index A-I Index. NSE INDICES LIMITED is not responsible for or has participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. NSE INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Product(s). Please refer the Scheme Information Document for more details.
Launched16 Jul 2025
Fund houseUnion Mutual Fund
Fund managersFM 1 - Mr. Anindya SarkarFM 2 - Mr. Devesh Thacker

NAV history

111111 2026-08-112026-08-242026-09-072026-09-212026-10-052026-10-162026-10-30

Returns

1 week
+0.23%avg 0.2%
1 month
+0.24%avg 0.4%
3 months
+0.95%avg 1.1%
6 months
+2.75%avg 3.0%
This year
+4.55%avg 4.9%
1 year
+5.38%avg 5.8% · #37/39

Bars: this plan; the thin mark is the Ultra Short Duration average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDec
2025+0.1+0.4+0.4+0.7+0.5+0.4
2026+0.2+0.6+0.2+0.5+0.2+1.2+0.4+0.4+0.4+0.1+0.2

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

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.

Portfolio as on 31 Oct 2026

Holdings710 lines in all
Top 10 holdings72.5%of the fund
Debt33.8%bonds, government securities
Money market38.8%CDs, CPs, treasury bills

Where the money is

Debt 33.8%Money market 38.8%Cash & others 27.5%

Credit quality (debt and money market)

A1+
38.8%
AAA
33.8%

Changes since 30 Sept 2026

Share of fund31 Oct 202630 Sept 2026Change
Debt33.8%52.2%-18.41
Money market38.8%27.6%+11.14
Cash & others27.5%20.2%+7.27

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.

Bonds, money market and cash 10

HoldingSector / type% of fund
TREPS–23.06%
Export-Import Bank of India**
INE514E08GB4		CRISIL AAA12.14%
Kotak Mahindra Bank Ltd.**
INE237AD6174		CRISIL A1+11.93%
Power Finance Corporation Ltd.**
INE134E08OA7		CRISIL AAA10.84%
REC Ltd.**
INE020B08FW6		[ICRA]AAA10.80%
ICICI Bank Ltd.**
INE090AD6295		[ICRA]A1+10.74%
Punjab National Bank
INE160A16UV6		CRISIL A1+8.34%
Bank of Baroda
INE028A16LS0		IND A1+7.75%
Net Receivable / Payable–2.51%
Corporate Debt Mkt Devp. Fund-A2
INF0RQ622028		Alternative Investment Fund1.89%

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.

Risk

Volatility0.7%yearly, from daily NAVs
Worst fall-0.27%8 May 2026 → 21 May 2026
RiskometerLow to ModerateLow to Moderate

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 18 Jul 2025).

Where it can invest (limits from the scheme document)

Debt and Money Market Instruments including Government Securities*
0–100%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)₹351 cr across all plans · this plan ₹188 cr
Fund houseUnion Mutual Fund
CategoryDebt · Ultra Short Duration
PlanDirect
OptionGrowth
Expense ratio (TER)Direct 0.27% · Regular 0.87% (5 Nov 2026)
Minimum investment₹1,000 · additional ₹1,000
Scheme code (AMFI)153654
ISININF582M01LQ6
NAV date6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

PlanNAV1 year
Direct · IDCW₹10.2879+0.92%
Regular · Growth₹10.6450+4.67%
Regular · IDCW₹10.1925+0.22%

Top Ultra Short Duration funds (direct plans)

Fund1 year3 years (a year)
HSBC Ultra Short to Short Term Fund+6.00%+7.76%
Nippon India Ultra Short Term Fund+6.87%+7.55%
Aditya Birla Sun Life Ultra Short Term Fund+6.44%+7.45%
Nippon India Ultra Short to Short Term Fund+6.13%+7.41%
Kotak Ultra Short to Short Term Fund+5.85%+7.39%
ICICI Prudential Ultra Short to Short Term Fund+6.04%+7.38%
Mahindra Manulife Ultra Short to Short Term Fund+6.08%+7.38%
ICICI Prudential Ultra Short term Fund+6.46%+7.36%
Union Ultra Short to Short Term Fund+5.38%–

All Ultra Short Duration funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Union Ultra Short to Short Term Fund - Direct Plan - Growth today?

₹10.7427 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Union Ultra Short to Short Term Fund - Direct Plan - Growth?

1 year: 5.38%

How does Union Ultra Short to Short Term Fund rank in its category?

37 of 39 Ultra Short Duration funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

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.