Union Money Market Fund Direct-IDCW Daily

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : 1.46%
NAV: ₹ as on
Fund NAV

Fund Overview of Union Money Market Fund Direct-IDCW Daily

  • ₹1,056.6 Cr
    AUM
  • 0.17%
    Expense Ratio
  • Debt
    Fund Category
As on
Calculate your Returns
How much do you want to invest monthly?
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Minimum amount you can invest: ₹500

Maximum amount you can invest: ₹1,00,000

We have used a return rate of 15% for our calculations.

The total value of your investment after 10 years will be
₹ 1,39,328.64
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Union Money Market Fund Direct-IDCW Daily Return Comparison

Tenure Absolute(%) Annualised(%) Category Average(%)
3 Months 1.46% NA 1.75%
6 Months 3.38% NA 4.16%
1 Year 6.67% 6.67% 7.96%
2 Years 14.55% 7.03% 7.76%
3 Years 23.01% 7.15% 7.48%
5 Years 37.20% 6.53% 6.08%
View More
As on

Asset Allocation of Union Money Market Fund Direct-IDCW Daily

debt instruments

97.76%

other assets or cash equivalents

2.24%
Top Holdings
National Bank For Agriculture And Rural Development Cd 18mar27
6.51%
National Bank For Agriculture And Rural Development Cd 18mar27
6.51%
National Bank For Agriculture And Rural Development Cd 18mar27
6.51%
Reverse Repo
20.70%
Lic Housing Finance Ltd 351d Cp 11mar27
6.49%
 
Top Sectors
Financial
110.78%
Unspecified
20.70%
Detailed Portfolio Analysis
As on
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About Fund

About Union Money Market Fund Direct-IDCW Daily

Union Money Market Fund Direct-IDCW Daily is one Debt mutual fund offered by Union Mutual Fund. Launched on 26 Aug 2021, the fund aims Regular income over short term. Investments in money market instruments with maturity upto one year. It manages assets worth ₹1,056.6 crore as on Sat Oct 31, 2026. The expense ratio stands at 0.17%.
The portfolio allocation consists of 97.76% in debt instruments, 2.24% in other assets or cash equivalents.Managed by Devesh Thacker, it has delivered a return of 6.67% in the last year, a total return since inception of 6.41%.
Choosing a suitable best sip in india plays an important part for financial planning.

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  • Parijat Agrawal

    Fund Manager

  • Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.

    Manager Education

  • Devesh Thacker

    Fund Manager

  • Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.

    Manager Education

Key Metrics of Union Money Market Fund Direct-IDCW Daily

  • Standard Deviation
    0.49%
  • Mean
    6.90%
  • Sharpe Ratio
    2.71%
  • Sortino Ratio
    4.33%

Union Money Market Fund Direct-IDCW Daily Fund Details

Fund Names Union Money Market Fund Direct-IDCW Daily
Inception Date 26 Aug 2021
Lock In No Lock-in
 
Risk Principal at low to moderate risk
Category Average Annual Returns 7.96
More Details
Highest NAV in last 52 weeks & Lowest NAV in last 52 weeks

Compare Mutual Funds
Union Money Market Fund Direct-IDCW Daily Fund Returns Comparison

Compare Union Money Market Fund Direct-IDCW Daily with other mutual funds in the same category

Union Money Market Fund Direct-IDCW Daily

Tata Money Market Fund Direct-Growth

Tata Money Market Fund Direct-IDCW Daily

Compare more funds

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Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
Tata Money Market Fund Direct-Growth trend ₹32,701 0.39% 1.51% 6.54% 7.45% 6.91%
Tata Money Market Fund Direct-IDCW Daily trend ₹32,701 0.39% 1.51% 6.54% 7.45% 6.91%
Nippon India Money Market Fund Direct-Growth trend ₹19,357 0.38% 1.48% 6.41% 7.34% 6.82%
Nippon India Money Market Fund Direct-IDCW Daily trend ₹19,357 0.38% 1.48% 6.41% 7.34% 6.82%
Nippon India Money Market Fund Direct-IDCW Monthly trend ₹19,357 0.38% 1.48% 6.41% 7.34% 6.82%
Nippon India Money Market Fund Direct-IDCW Quarterly trend ₹19,357 0.38% 1.48% 6.41% 7.34% 6.82%
Nippon India Money Market Fund Direct-IDCW Weekly trend ₹19,357 0.38% 1.48% 6.41% 7.34% 6.82%
Axis Money Market Fund Direct-Growth trend ₹19,507 0.40% 1.51% 6.52% 7.38% 6.82%
Axis Money Market Fund Direct-IDCW Daily trend ₹19,507 0.40% 1.51% 6.52% 7.38% 6.82%
Axis Money Market Fund Direct-IDCW Monthly trend ₹19,507 0.40% 1.51% 6.52% 7.38% 6.82%
View More
increase growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns

More funds from Union Mutual Fund

Fund Names AUM (Cr) 1M 3M 6M 1Yr 3Yr
Union Money Market Fund Regular-Growth increase ₹1,057 0.33% 1.33% 3.08% 6.01% 6.41%
Union Money Market Fund Direct-Growth increase ₹1,057 0.36% 1.46% 3.38% 6.67% 7.15%
Union Money Market Fund Regular-IDCW Daily increase ₹1,057 0.33% 1.33% 3.08% 6.01% 6.41%
Union Money Market Fund Direct-IDCW Monthly increase ₹1,057 0.36% 1.46% 3.38% 6.67% 7.15%
Union Money Market Fund Regular-IDCW Monthly increase ₹1,057 0.33% 1.33% 3.08% 6.01% 6.41%
Union Money Market Fund Regular-IDCW Weekly increase ₹1,057 0.33% 1.33% 3.08% 6.01% 6.41%
Union Money Market Fund Direct-IDCW Weekly increase ₹1,057 0.36% 1.46% 3.38% 6.67% 7.15%
View More
increase growth is based on 1-month returns of the funds

Union Money Market Fund Direct-IDCW Daily Calculator

I want to invest Pro Tip
Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth
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I want to invest for Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
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I want to invest for Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
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Monthly Investment
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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
ICICI Prudential Money Market Direct-Growth trend ₹32,880 ₹418.49 7.30% 6.74% 6.68%
ICICI Prudential Money Market-Growth trend ₹32,880 ₹412.73 7.18% 6.62% 6.56%
ICICI Prudential Money Market Direct-IDCW Daily trend ₹32,880 ₹100.14 7.30% 6.74% 6.68%
ICICI Prudential Money Market-IDCW Daily trend ₹32,880 ₹100.13 7.18% 6.62% 6.56%
ICICI Prudential Money Market Direct-IDCW Others trend ₹32,880 ₹191.75 7.30% 6.74% 6.68%
ICICI Prudential Money Market-IDCW Others trend ₹32,880 ₹189.56 7.18% 6.62% 6.56%
ICICI Prudential Money Market-IDCW Weekly trend ₹32,880 ₹100.81 7.18% 6.62% 6.56%
ICICI Prudential Money Market Direct-IDCW Weekly trend ₹32,880 ₹100.87 7.30% 6.74% 6.68%
Tata Money Market Fund Direct-Growth trend ₹32,701 ₹5,249.43 7.45% 6.91% 6.03%
Tata Money Market Fund Regular-Growth trend ₹32,701 ₹5,135.79 7.18% 6.64% 5.83%
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Top funds are based on Fund AUM

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Union Money Market Fund Direct-IDCW Daily Detailed Portfolio

Stocks Sector % of Holding Value
National Bank For Agriculture And Rural Development Cd 18mar27Financial6.51%₹96.41 Cr
National Bank For Agriculture And Rural Development Cd 18mar27Financial6.51%₹96.41 Cr
National Bank For Agriculture And Rural Development Cd 18mar27Financial6.51%₹96.41 Cr
Reverse RepoUnspecified20.70%₹82.67 Cr
Lic Housing Finance Ltd 351d Cp 11mar27Financial6.49%₹72.75 Cr
Lic Housing Finance Ltd 351d Cp 11mar27Financial6.49%₹72.75 Cr
Canara Bank Cd 04mar27Financial4.90%₹72.53 Cr
Canara Bank Cd 04mar27Financial4.90%₹72.53 Cr
Canara Bank Cd 04mar27Financial4.90%₹72.53 Cr
Lic Housing Finance Ltd 351d Cp 11mar27Financial4.89%₹72.40 Cr
Lic Housing Finance Ltd 351d Cp 11mar27Financial4.89%₹72.40 Cr
Lic Housing Finance Ltd 351d Cp 11mar27Financial4.89%₹72.40 Cr
National Bank For Agriculture And Rural Development Cd 18mar27Financial7.31%₹71.49 Cr
National Bank For Agriculture And Rural Development Cd 18mar27Financial7.31%₹71.49 Cr
National Bank For Agriculture And Rural Development Cd 18mar27Financial7.31%₹71.49 Cr
National Bank For Agriculture And Rural Development Cd 18mar27Financial7.31%₹71.49 Cr
Bank Of Baroda Cd 08mar27Financial4.37%₹64.75 Cr
Bank Of Baroda Cd 08mar27Financial4.37%₹64.75 Cr
Bank Of Baroda Cd 08mar27Financial4.37%₹64.75 Cr
Bank Of Baroda Cd 08mar27Financial6.55%₹64.03 Cr
View More

Top Debt Funds

Fund Names NAV 3Yr 5Yr 52 weeks high
Tata Money Market Fund Direct-Growth increase ₹5,249.43 7.45% 6.91% -
Tata Money Market Fund Direct-IDCW Daily increase ₹1,114.52 7.45% 6.91% -
Nippon India Money Market Fund Direct-Growth increase ₹4,581.67 7.34% 6.82% -
Nippon India Money Market Fund Direct-IDCW Daily increase ₹1,006.23 7.34% 6.82% -
Nippon India Money Market Fund Direct-IDCW Monthly increase ₹1,028.23 7.34% 6.82% -
Nippon India Money Market Fund Direct-IDCW Quarterly increase ₹1,017.38 7.34% 6.82% -
Nippon India Money Market Fund Direct-IDCW Weekly increase ₹1,008.59 7.34% 6.82% -
Axis Money Market Fund Direct-Growth increase ₹1,575.22 7.38% 6.82% -
Axis Money Market Fund Direct-IDCW Daily increase ₹1,005.61 7.38% 6.82% -
Axis Money Market Fund Direct-IDCW Monthly increase ₹1,011.25 7.38% 6.82% -
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increase growth is based on 5Y returns of the funds

Frequently Asked Questions

Union Money Market Fund Direct-IDCW Daily

What is the current AUM of Union Money Market Fund Direct-IDCW Daily?

As of Sat Oct 31, 2026, Union Money Market Fund Direct-IDCW Daily manages assets worth ₹1,056.6 crore

How has Union Money Market Fund Direct-IDCW Daily performed recently?

  • 3 Months: 1.46%
  • 6 Months: 3.38%

What is the long-term performance of Union Money Market Fund Direct-IDCW Daily?

  • 3 Years CAGR: 7.15%
  • 5 Years CAGR: 6.53%
  • Since Inception: 6.41%

What is the portfolio composition of Union Money Market Fund Direct-IDCW Daily?

Debt: 97.76%, Others: 2.24%.

Who manages Union Money Market Fund Direct-IDCW Daily?

Union Money Market Fund Direct-IDCW Daily is managed by Devesh Thacker from Union Mutual Fund.

Which are the top companies Union Money Market Fund Direct-IDCW Daily has invested in?

  • NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 18MAR27 – 6.51% of the fund's portfolio
  • NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 18MAR27 – 6.51% of the fund's portfolio
  • NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 18MAR27 – 6.51% of the fund's portfolio
  • Reverse Repo – 20.70% of the fund's portfolio
  • LIC HOUSING FINANCE LTD 351D CP 11MAR27 – 6.49% of the fund's portfolio

Which are the major sectors Union Money Market Fund Direct-IDCW Daily focuses on?

  • Financial – 110.78% of the fund's portfolio
  • Unspecified – 20.70% of the fund's portfolio
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