Returns (Lumpsum)
CAGR for periods ≥ 1 year1 Week+0.16%
1 Month+0.43%
3 Months+1.32%
6 Months+2.60%
1 Year+5.96%
3 Years (CAGR)+6.38%
5 Years (CAGR)—
10 Years (CAGR)—
Since Inception (Aug 2021)+5.57%
SIP Returns (XIRR)
₹1,000/month SIP, annualised1 Year SIP+5.53%
3 Year SIP+6.26%
5 Year SIP—
Since Inception (Aug 2021)+6.10%
Fund Details
Fund HouseUnion Mutual Fund
CategoryMoney Market
Plan Typeregular
Optiongrowth
AUM₹399 Cr
Expense Ratio0.91%
Min SIP₹100
Min Lumpsum₹5,000
Launch Date27 Aug 2021
AMFI Code149116
Risk Metrics
—
Sharpe Ratio
—
Alpha
—
Beta
—
Sortino
—
Std Dev
—
Max Drawdown
Performance Comparison
Performance Comparison
Interested in This Fund?
Our experts will help you decide if this fund fits your goals.
Investment Objective
Union Money Market Fund - Regular Plan - Growth Option 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 Plan - Growth Option is a Money Market mutual fund offered by Union Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹399 Cr, reflecting investor confidence in the fund's strategy. 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