Union Short Duration Fund Direct Growth
DebtShort DurationLow Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹543 Cr
Expense Ratio
0.45%
ISIN
INF582M01KO3
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
31 Jan 2025
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹10.25, Assets Under Management (AUM) of 542.68 Crores, and an expense ratio of 0.45%.
- Union Short Duration Fund Direct Growth has given a CAGR return of 2.53% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 76.56% in debts, and 23.44% in cash & cash equivalents.
- You can start investing in Union Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+2.53%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Debt | ₹415.45 Cr | 76.56% |
| Others | ₹127.23 Cr | 23.44% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivable / Payable | Cash - Collateral | ₹38.46 Cr | 7.09% |
| 7.04% Govt Stock 2029 | Bond - Gov't/Treasury | ₹35.74 Cr | 6.59% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹25.89 Cr | 4.77% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.59 Cr | 4.72% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹25.32 Cr | 4.67% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.24 Cr | 4.65% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.23 Cr | 4.65% |
| Export-Import Bank Of India | Bond - Corporate Bond | ₹25.23 Cr | 4.65% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹25.17 Cr | 4.64% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹25.11 Cr | 4.63% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹25.1 Cr | 4.62% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹25.08 Cr | 4.62% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹24.99 Cr | 4.61% |
| Indian Bank (12/03/2026) | Cash - CD/Time Deposit | ₹23.42 Cr | 4.31% |
| Canara Bank** | Cash - CD/Time Deposit | ₹23.39 Cr | 4.31% |
| The Federal Bank Limited** | Cash - CD/Time Deposit | ₹23.38 Cr | 4.31% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹20.77 Cr | 3.83% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹20.65 Cr | 3.81% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹20.06 Cr | 3.70% |
| Treps | Cash - Repurchase Agreement | ₹18.58 Cr | 3.42% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹15.12 Cr | 2.79% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹15.11 Cr | 2.79% |
| 7.48% National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹10.04 Cr | 1.85% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹338.3 Cr | 62.34% |
| Bond - Gov't/Treasury | ₹77.16 Cr | 14.22% |
| Cash - CD/Time Deposit | ₹70.19 Cr | 12.93% |
| Cash - Collateral | ₹38.46 Cr | 7.09% |
| Cash - Repurchase Agreement | ₹18.58 Cr | 3.42% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
1.61%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.21
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.04
Higher the better
Fund Managers
Anindya Sarkar
Since January 2025
Shrenuj Parekh
Since January 2025
Additional Scheme Detailsas of 31st March 2025
ISIN INF582M01KO3 | Expense Ratio 0.45% | Exit Load 1.00% | Fund Size ₹543 Cr | Age 2 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Short Duration Debt A-II TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Union Short Duration Fund Direct Growth Low Risk | 0.5% | 1.0% | ₹542.68 Cr | - |
| Union Short Duration Fund Regular Growth Low Risk | 0.8% | 1.0% | ₹542.68 Cr | - |
| HSBC Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹3688.20 Cr | 9.7% |
| Groww Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹67.44 Cr | 9.6% |
| Groww Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹67.44 Cr | 8.3% |
| Invesco India Short Term Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹714.71 Cr | 9.7% |
| ICICI Prudential Short Term Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹20427.68 Cr | 9.7% |
| Sundaram Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹201.91 Cr | 9.9% |
| Bandhan Bond Fund - Short Term Plan Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹9674.05 Cr | 10.0% |
| Nippon India Short Term Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹6232.07 Cr | 10.0% |
Risk Level
Your principal amount will be at Low Risk
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Related Articles
Still got questions?
We're here to help.
What is the current NAV of Union Short Duration Fund Direct Growth?
What is the portfolio composition of Union Short Duration Fund Direct Growth?
Who manages the Union Short Duration Fund Direct Growth?
- Anindya Sarkar
- Shrenuj Parekh
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Compare your portfolio's performance with benchmarks
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Union Short Duration Fund Direct Growth
DebtShort DurationLow Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹543 Cr
Expense Ratio
0.45%
ISIN
INF582M01KO3
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
31 Jan 2025
Risk Level
Your principal amount will be at Low Risk
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹10.25, Assets Under Management (AUM) of 542.68 Crores, and an expense ratio of 0.45%.
- Union Short Duration Fund Direct Growth has given a CAGR return of 2.53% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 76.56% in debts, and 23.44% in cash & cash equivalents.
- You can start investing in Union Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+2.53%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Debt | ₹415.45 Cr | 76.56% |
| Others | ₹127.23 Cr | 23.44% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Net Receivable / Payable | Cash - Collateral | ₹38.46 Cr | 7.09% |
| 7.04% Govt Stock 2029 | Bond - Gov't/Treasury | ₹35.74 Cr | 6.59% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹25.89 Cr | 4.77% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.59 Cr | 4.72% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹25.32 Cr | 4.67% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.24 Cr | 4.65% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.23 Cr | 4.65% |
| Export-Import Bank Of India | Bond - Corporate Bond | ₹25.23 Cr | 4.65% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹25.17 Cr | 4.64% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹25.11 Cr | 4.63% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹25.1 Cr | 4.62% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹25.08 Cr | 4.62% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹24.99 Cr | 4.61% |
| Indian Bank (12/03/2026) | Cash - CD/Time Deposit | ₹23.42 Cr | 4.31% |
| Canara Bank** | Cash - CD/Time Deposit | ₹23.39 Cr | 4.31% |
| The Federal Bank Limited** | Cash - CD/Time Deposit | ₹23.38 Cr | 4.31% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹20.77 Cr | 3.83% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹20.65 Cr | 3.81% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹20.06 Cr | 3.70% |
| Treps | Cash - Repurchase Agreement | ₹18.58 Cr | 3.42% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹15.12 Cr | 2.79% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹15.11 Cr | 2.79% |
| 7.48% National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹10.04 Cr | 1.85% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹338.3 Cr | 62.34% |
| Bond - Gov't/Treasury | ₹77.16 Cr | 14.22% |
| Cash - CD/Time Deposit | ₹70.19 Cr | 12.93% |
| Cash - Collateral | ₹38.46 Cr | 7.09% |
| Cash - Repurchase Agreement | ₹18.58 Cr | 3.42% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
1.61%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.21
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.04
Higher the better
Fund Managers
Anindya Sarkar
Since January 2025
Shrenuj Parekh
Since January 2025
Additional Scheme Detailsas of 31st March 2025
ISIN INF582M01KO3 | Expense Ratio 0.45% | Exit Load 1.00% | Fund Size ₹543 Cr | Age 2 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Short Duration Debt A-II TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Union Short Duration Fund Direct Growth Low Risk | 0.5% | 1.0% | ₹542.68 Cr | - |
| Union Short Duration Fund Regular Growth Low Risk | 0.8% | 1.0% | ₹542.68 Cr | - |
| HSBC Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹3688.20 Cr | 9.7% |
| Groww Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹67.44 Cr | 9.6% |
| Groww Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹67.44 Cr | 8.3% |
| Invesco India Short Term Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹714.71 Cr | 9.7% |
| ICICI Prudential Short Term Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹20427.68 Cr | 9.7% |
| Sundaram Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹201.91 Cr | 9.9% |
| Bandhan Bond Fund - Short Term Plan Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹9674.05 Cr | 10.0% |
| Nippon India Short Term Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹6232.07 Cr | 10.0% |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Union Short Duration Fund Direct Growth?
What is the portfolio composition of Union Short Duration Fund Direct Growth?
Who manages the Union Short Duration Fund Direct Growth?
- Anindya Sarkar
- Shrenuj Parekh
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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