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Money Market📊 NIFTY Money Market Index(SEBI default)

Union Money Market Fund · Regular · Growth

Union Mutual Fund

#22 of 27 (1Y)

NAV

₹1309.1335

as of 17 Jul 2026

Expense Ratio

0.91%

AUM

₹294 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.75%
3Y
+6.42%
5Y
Since Inception
+5.66%

SIP returns (XIRR)

1Y
+6.10%
3Y
+6.38%
5Y
Since Inception
+6.21%

What history actually did — last 4 years (Jul 2022 – Jul 2026)

A ₹5,000 monthly SIP for the last 4 years (Jul 2022 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹2,71,947 today ₹2,40,000 invested, 6.4% XIRR.

₹2,40,000

Invested

₹2,71,947

Value today

6.4%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 4 years (Jul 2022 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 4 years ago would be ₹1,27,515 today (6.3% CAGR).

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 4 years (Jul 2022 – Jul 2026) (3 Jun 2024) would be ₹1,14,187 today (1.14×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.44

Sharpe Ratio

Alpha

Beta

0.60

Sortino

0.41%

Std Dev

-0.13%

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
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