Union Money Market Fund Direct - Idcw Monthly

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : 1.44%
NAV: ₹1,012.83 as on Wed Nov 19, 2025
Fund NAV

Fund Overview of Union Money Market Fund Direct - Idcw Monthly

  • ₹175.5 Cr
    AUM
  • ₹1,012.83
    NAV
  • 0.16%
    Expense Ratio
  • Debt
    Fund Category
As on Wed Nov 19, 2025

Returns of Union Money Market Fund Direct - Idcw Monthly

Tenure Absolute(%) Annualised(%) Category Average(%)
3 Months 1.44% NA 1.75%
6 Months 3.42% NA 4.16%
1 Year 7.48% 7.48% 7.96%
2 Years 15.41% 7.43% 7.76%
3 Years 23.52% 7.30% 7.48%
View More
As on Wed Nov 19, 2025

Dividend of Union Money Market Fund Direct - Idcw Monthly : 0.55%

Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision

Asset Allocation

debt instruments

98.29%

other assets or cash equivalents

1.71%
Top Holdings
Indian Bank Cd 04dec25
9.01%
Indian Bank Cd 04dec25
9.01%
National Bank For Agriculture And Rural Development 155d Cp 10dec25
9.00%
National Bank For Agriculture And Rural Development 155d Cp 10dec25
9.00%
Indian Bank Cd 04dec25
9.20%
 
Top Sectors
Financial
390.30%
Unspecified
6.86%
Technology
2.84%
Detailed Portfolio Analysis
As on Wed Nov 19, 2025
Invest Now

About Fund

About Union Money Market Fund Direct - Idcw Monthly

Union Money Market Fund Direct - Idcw Monthly 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 ₹175.5 crore as on Thu Jul 31, 2025. The expense ratio stands at 0.16%.
The portfolio allocation consists of 98.29% in debt instruments, 1.71% in other assets or cash equivalents. Managed by Devesh Thacker, it has delivered a return of 7.48% in the last year, a total return since inception of 6.36%.

The latest dividend was declared on 28 Oct 2025 at 0.55% of face value. Read more
  • 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 Monthly

  • Standard Deviation
    0.30%
  • Sharpe Ratio
    2.25%
  • Alpha
    2.10%
  • Beta
    0.77%

Fund Details

Fund Names Union Money Market Fund Direct - Idcw Monthly
Inception Date 26 Aug 2021
Lock In No Lock-in
SIP Minimum Investment amount ₹ 500
SWP Minimum Investment amount ₹ 500
STP Minimum Investment amount ₹ 100
 
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

Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
Nippon India Money Market Fund Direct-growth trend ₹22,461 0.56% 1.53% 7.74% 7.70% 6.32%
Aditya Birla Sun Life Money Manager Fund Direct-growth trend ₹29,515 0.56% 1.54% 7.69% 7.71% 6.31%
UTI Money Market Fund Direct-flexi Idcw trend ₹20,554 0.56% 1.53% 7.71% 7.67% 6.27%
ICICI Prudential Money Market Direct-growth trend ₹36,942 0.55% 1.51% 7.68% 7.65% 6.23%
UTI Money Market Fund Regular Plan-flexi Idcw trend ₹20,554 0.55% 1.51% 7.62% 7.59% 6.19%
Aditya Birla Sun Life Money Manager Fund Regular-growth trend ₹29,515 0.55% 1.51% 7.55% 7.57% 6.18%
Invesco India Money Market Fund Direct-discretionary Idcw trend ₹5,998 0.56% 1.51% 7.56% 7.51% 6.03%
Invesco India Money Market Fund-discretionary Idcw trend ₹5,998 0.54% 1.44% 7.28% 7.25% 5.73%
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 Direct - Growth increase ₹176 0.54% 1.49% 3.22% 7.37% 7.27%
Union Money Market Fund Regular - Growth increase ₹176 0.48% 1.30% 2.84% 6.59% 6.49%
increase growth is based on 1-month returns of the funds

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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
ICICI Prudential Money Market Direct-growth trend ₹36,942 ₹394.26 7.65% 6.23% 6.82%
Aditya Birla Sun Life Money Manager Fund Direct-growth trend ₹29,515 ₹384.84 7.71% 6.31% 6.97%
Aditya Birla Sun Life Money Manager Fund Regular-growth trend ₹29,515 ₹379.70 7.57% 6.18% 6.84%
Nippon India Money Market Fund Direct-growth trend ₹22,461 ₹4,316.96 7.70% 6.32% 6.87%
UTI Money Market Fund Regular Plan-flexi Idcw trend ₹20,554 ₹1,224.60 7.59% 6.19% 6.75%
UTI Money Market Fund Direct-flexi Idcw trend ₹20,554 ₹1,642.44 7.67% 6.27% 6.85%
Invesco India Money Market Fund Direct-discretionary Idcw trend ₹5,998 ₹2,896.48 7.51% 6.03% 6.68%
Invesco India Money Market Fund-discretionary Idcw trend ₹5,998 ₹3,125.99 7.25% 5.73% 6.39%
Lic Mf Money Market Fund Direct - Growth trend ₹2,056 ₹1,235.61 6.78% - -
Lic Mf Money Market Fund Regular - Growth trend ₹2,056 ₹1,219.28 6.36% - -
View More
Top funds are based on Fund AUM

Detailed Portfolio

Stocks Sector % of Holding Value
Indian Bank Cd 04dec25Financial9.01%₹19.89 Cr
Indian Bank Cd 04dec25Financial9.01%₹19.89 Cr
National Bank For Agriculture And Rural Development 155d Cp 10dec25Financial9.00%₹19.87 Cr
National Bank For Agriculture And Rural Development 155d Cp 10dec25Financial9.00%₹19.87 Cr
Indian Bank Cd 04dec25Financial9.20%₹19.80 Cr
National Bank For Agriculture And Rural Development 155d Cp 10dec25Financial9.19%₹19.78 Cr
Bank Of Baroda Cd 12dec25Financial6.75%₹14.90 Cr
Bank Of Baroda Cd 12dec25Financial6.75%₹14.90 Cr
Bank Of Baroda Cd 12dec25Financial6.89%₹14.83 Cr
Axis Bank Limited Cd 05mar26Financial6.65%₹14.70 Cr
Axis Bank Limited Cd 05mar26Financial6.65%₹14.70 Cr
Bank Of Baroda Cd 12dec25Financial8.37%₹14.68 Cr
Kotak Mahindra Bank Limited Cd 13mar26Financial6.64%₹14.68 Cr
Kotak Mahindra Bank Limited Cd 13mar26Financial6.64%₹14.68 Cr
Punjab National Bank Cd 18mar26Financial6.64%₹14.67 Cr
Punjab National Bank Cd 18mar26Financial6.64%₹14.67 Cr
Aditya Birla Capital Limited 315d Cp 18mar26Financial6.62%₹14.63 Cr
Aditya Birla Capital Limited 315d Cp 18mar26Financial6.62%₹14.63 Cr
Axis Bank Limited Cd 05mar26Financial6.79%₹14.62 Cr
Kotak Mahindra Bank Limited Cd 13mar26Financial6.79%₹14.61 Cr
Punjab National Bank Cd 18mar26Financial6.78%₹14.59 Cr
Aditya Birla Capital Limited 315d Cp 18mar26Financial6.76%₹14.56 Cr
Axis Bank Limited Cd 05mar26Financial8.25%₹14.48 Cr
Kotak Mahindra Bank Limited Cd 13mar26Financial8.24%₹14.47 Cr
Punjab National Bank Cd 18mar26Financial8.23%₹14.45 Cr
Aditya Birla Capital Limited 315d Cp 18mar26Financial8.22%₹14.42 Cr
Bank Of India Cd 28nov25Financial4.51%₹9.96 Cr
Bank Of India Cd 28nov25Financial4.51%₹9.96 Cr
Hdfc Bank Limited Cd 04dec25Financial4.50%₹9.95 Cr
Hdfc Bank Limited Cd 04dec25Financial4.50%₹9.95 Cr
Axis Finance Limited 365d Cp 03sep25Financial5.67%₹9.95 Cr
364 Days T-bill Mat 11-sep-2025Financial5.66%₹9.94 Cr
Infina Finance Private Limited 155d Cp 10dec25Financial4.49%₹9.93 Cr
Infina Finance Private Limited 155d Cp 10dec25Financial4.49%₹9.93 Cr
Lic Housing Finance Ltd 364d Cp 17dec25Financial4.49%₹9.92 Cr
Lic Housing Finance Ltd 364d Cp 17dec25Financial4.49%₹9.92 Cr
Bank Of India Cd 28nov25Financial4.60%₹9.91 Cr
Hdfc Bank Limited Cd 04dec25Financial4.60%₹9.90 Cr
Lic Housing Finance Ltd 364d Cp 17dec25Financial4.59%₹9.88 Cr
Infina Finance Private Limited 155d Cp 10dec25Financial4.59%₹9.87 Cr
Government Of India 36403 182 Days Tbill 05mr26 Fv Rs 100Financial4.44%₹9.82 Cr
Government Of India 36403 182 Days Tbill 05mr26 Fv Rs 100Financial4.44%₹9.82 Cr
Government Of India 35322 364 Days Tbill 04dc25 Fv Rs 100Financial5.59%₹9.82 Cr
Bank Of India Cd 28nov25Financial5.59%₹9.81 Cr
Government Of India 36515 182 Days Tbill 19mr26 Fv Rs 100Financial4.43%₹9.80 Cr
Government Of India 36515 182 Days Tbill 19mr26 Fv Rs 100Financial4.43%₹9.80 Cr
Hdfc Bank Limited Cd 12mar26Financial4.43%₹9.79 Cr
Hdfc Bank Limited Cd 12mar26Financial4.43%₹9.79 Cr
Canara Bank Cd 18dec25Financial5.57%₹9.78 Cr
Lic Housing Finance Ltd 364d Cp 17dec25Financial5.57%₹9.78 Cr
Government Of India 36403 182 Days Tbill 05mr26 Fv Rs 100Financial4.54%₹9.77 Cr
Icici Securities Limited 182d Cp 10mar26Financial4.42%₹9.77 Cr
Icici Securities Limited 182d Cp 10mar26Financial4.42%₹9.77 Cr
Small Industries Development Bank Of India Cd 25mar26Financial4.42%₹9.77 Cr
Small Industries Development Bank Of India Cd 25mar26Financial4.42%₹9.77 Cr
Government Of India 36515 182 Days Tbill 19mr26 Fv Rs 100Financial4.53%₹9.75 Cr
Hdfc Bank Limited Cd 12mar26Financial4.52%₹9.74 Cr
Small Industries Development Bank Of India Cd 25mar26Financial4.51%₹9.72 Cr
Icici Securities Limited 182d Cp 10mar26Financial4.51%₹9.71 Cr
Hdfc Bank Limited Cd 12mar26Financial5.49%₹9.64 Cr
Cholamandalam Investment And Finance Company Limited 363d Cp 26may26Financial4.36%₹9.62 Cr
Cholamandalam Investment And Finance Company Limited 363d Cp 26may26Financial4.36%₹9.62 Cr
Small Industries Development Bank Of India Cd 25mar26Financial5.48%₹9.62 Cr
Cholamandalam Investment And Finance Company Limited 363d Cp 26may26Financial4.44%₹9.56 Cr
Cholamandalam Investment And Finance Company Limited 363d Cp 26may26Financial5.40%₹9.47 Cr
Reliance Jio Infocomm Limited 36d Cp 20aug25Technology2.84%₹4.98 Cr
Government Of India 35322 364 Days Tbill 04dc25 Fv Rs 100Financial2.25%₹4.98 Cr
Government Of India 35322 364 Days Tbill 04dc25 Fv Rs 100Financial2.25%₹4.98 Cr
Government Of India 35322 364 Days Tbill 04dc25 Fv Rs 100Financial2.30%₹4.95 Cr
Canara Bank Cd 18mar26Financial2.74%₹4.82 Cr
Reverse RepoUnspecified2.34%₹4.11 Cr
Reverse RepoUnspecified1.46%₹3.23 Cr
Reverse RepoUnspecified1.46%₹3.23 Cr
RepoUnspecified0.35%₹0.77 Cr
RepoUnspecified0.35%₹0.77 Cr
Others Class A2 AifUnspecified0.24%₹0.53 Cr
Others Class A2 AifUnspecified0.24%₹0.53 Cr
Others Class A2 AifUnspecified0.25%₹0.53 Cr
Others Class A2 AifUnspecified0.30%₹0.52 Cr
Net ReceivablesUnspecified0.28%₹0.47 Cr
RepoUnspecified0.17%₹0.30 Cr
Net PayablesUnspecified-0.10%₹-0.24 Cr
Net PayablesUnspecified-0.10%₹-0.24 Cr
Net PayablesUnspecified-0.38%₹-0.85 Cr
View More

Top Debt Funds

Fund Names NAV 3Yr 5Yr 52 weeks high
Nippon India Money Market Fund Direct-growth increase ₹4,316.96 7.70% 6.32% -
Aditya Birla Sun Life Money Manager Fund Direct-growth increase ₹384.84 7.71% 6.31% -
UTI Money Market Fund Direct-flexi Idcw increase ₹1,642.44 7.67% 6.27% -
ICICI Prudential Money Market Direct-growth increase ₹394.26 7.65% 6.23% -
UTI Money Market Fund Regular Plan-flexi Idcw increase ₹1,224.60 7.59% 6.19% -
Aditya Birla Sun Life Money Manager Fund Regular-growth increase ₹379.70 7.57% 6.18% -
Invesco India Money Market Fund Direct-discretionary Idcw increase ₹2,896.48 7.51% 6.03% -
Invesco India Money Market Fund-discretionary Idcw increase ₹3,125.99 7.25% 5.73% -
View More
increase growth is based on 5Y returns of the funds

Frequently Asked Questions

Union Money Market Fund Direct - Idcw Monthly

What is the current AUM of Union Money Market Fund Direct - Idcw Monthly?

As of Thu Jul 31, 2025, Union Money Market Fund Direct - Idcw Monthly manages assets worth ₹175.5 crore

How has Union Money Market Fund Direct - Idcw Monthly performed recently?

  • 3 Months: 1.44%
  • 6 Months: 3.42%

What is the long-term performance of Union Money Market Fund Direct - Idcw Monthly?

  • 3 Years CAGR: 7.30%
  • Since Inception: 6.36%

What is the portfolio composition of Union Money Market Fund Direct - Idcw Monthly?

Debt: 98.29%, Others: 1.71%.

Who manages Union Money Market Fund Direct - Idcw Monthly?

Union Money Market Fund Direct - Idcw Monthly is managed by Devesh Thacker from Union Mutual Fund.

When was the last dividend declared by Union Money Market Fund Direct - Idcw Monthly?

Latest dividend was declared on 28 Oct 2025 at 0.55% of face value.

Which are the top companies Union Money Market Fund Direct - Idcw Monthly has invested in?

  • INDIAN BANK CD 04DEC25 – 9.01% of the fund's portfolio
  • INDIAN BANK CD 04DEC25 – 9.01% of the fund's portfolio
  • NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 155D CP 10DEC25 – 9.00% of the fund's portfolio
  • NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 155D CP 10DEC25 – 9.00% of the fund's portfolio
  • INDIAN BANK CD 04DEC25 – 9.20% of the fund's portfolio

Which are the major sectors Union Money Market Fund Direct - Idcw Monthly focuses on?

  • Financial – 390.30% of the fund's portfolio
  • Unspecified – 6.86% of the fund's portfolio
  • Technology – 2.84% of the fund's portfolio
View more FAQ's

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Past performance may not be indicative of future results.

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^Returns as on 10th Jan’25. Tata AIA Life Top 200 ULIP Fund has delivered 18% returns over the last 10 years. Past performance is not necessarily indicative of future results. This disclaimer is specifically regarding a ULIP fund and is not related to mutual funds. Source: Morningstar.

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