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Money Market📊 NIFTY Money Market Index(SEBI default)

Union Money Market Fund · Regular · Growth

Union Mutual Fund

#24 of 28 (1Y)

NAV

₹1300.9364

as of 17 Jun 2026

Expense Ratio

0.91%

AUM

₹294 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.64%
3Y
+6.39%
5Y
Since Inception
+5.62%

SIP returns (XIRR)

1Y
+5.81%
3Y
+6.30%
5Y
Since Inception
+6.15%

SIP since inception — what ₹100/month became

Real NAV backtest from day one

₹5,800

Invested

₹6,714

Value today

6.1%

XIRR (p.a.)

100/month SIP from fund inception · Current value as of today

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5,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹5,000

Invested

₹6,491

Value today

5.6%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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Risk Metrics

Trailing 1 year, annualised

0.28

Sharpe Ratio

Alpha

Beta

0.41

Sortino

0.38%

Std Dev

-0.10%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseUnion Mutual Fund
CategoryMoney Market
BenchmarkNIFTY Money Market Index
Launch Date26 Aug 2021
AMFI Code149116
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹500
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Union Money Market Fund · Regular · Growth by Union Mutual Fund is a Money Market fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Money Market category.

About This Fund

Union Money Market Fund · Regular · Growth is a Money Market mutual fund offered by Union Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹294 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY Money Market Index. The current expense ratio is 0.91%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations