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Fund Overview of Union Short Term Fund Direct-Growth
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₹103.0 CrAUM
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₹11.12NAV
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0.41%Expense Ratio
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DebtFund Category
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.
Union Short Term Fund Direct-Growth Return Comparison
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 0.53% | NA | 1.00% |
| 6 Months | 2.83% | NA | 4.64% |
| 1 Year | 4.29% | 4.29% | 8.71% |
Asset Allocation of Union Short Term Fund Direct-Growth
debt instruments
83.45%other assets or cash equivalents
16.55%Union Short Term Fund Direct-Growth is one Debt mutual fund offered by Union Mutual Fund. Launched on 31 Jan 2025, the fund aims Short term income generation and capital appreciation solution. A debt fund that aims to generate income by investing in a range of debt and money market instruments of various maturities. It manages assets worth ₹103.0 crore as on Sat Oct 31, 2026. The expense ratio stands at 0.41%. Fund Manager Manager Education Fund Manager Manager EducationAbout Union Short Term Fund Direct-Growth
The portfolio allocation consists of 83.45% in debt instruments, 16.55% in other assets or cash equivalents.Managed by Shrenuj Parekh, it has delivered a return of 4.29% in the last year, a total return since inception of 6.19%.
To make better investment decisions it makes sense to also explore best sip plan suited to individual risk appetite.
Union Short Term Fund Direct-Growth Fund Details
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Compare Union Short Term Fund Direct-Growth with other mutual funds in the same category
Union Short Term Fund Direct-Growth
Bank Of India Short Term Fund Direct-Growth
Bank Of India Short Term Fund Direct-IDCW Monthly
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Bank Of India Short Term Fund Direct-Growth  |
₹254 | 0.52% | 0.87% | 5.00% | 7.67% | 10.89% |
| Bank Of India Short Term Fund Direct-IDCW Monthly |
₹254 | 0.52% | 0.87% | 5.00% | 7.67% | 10.89% |
| Bank Of India Short Term Fund Direct-IDCW Quarterly |
₹254 | 0.52% | 0.87% | 5.00% | 7.67% | 10.89% |
| Bank Of India Short Term Fund Regular-Growth |
₹254 | 0.46% | 0.72% | 4.38% | 7.06% | 10.34% |
| Bank Of India Short Term Fund Regular-IDCW Monthly |
₹254 | 0.46% | 0.72% | 4.38% | 7.06% | 10.34% |
| Bank Of India Short Term Fund Regular-IDCW Quarterly |
₹254 | 0.46% | 0.72% | 4.38% | 7.06% | 10.34% |
| ICICI Prudential Short Term Fund Direct Plan-Growth |
₹18,468 | 0.46% | 0.72% | 5.63% | 7.67% | 7.14% |
| ICICI Prudential Short Term Fund Direct Plan-IDCW Monthly |
₹18,468 | 0.46% | 0.72% | 5.63% | 7.67% | 7.14% |
| Aditya Birla Sun Life Short Term Direct Fund Direct-Growth |
₹5,269 | 0.38% | 0.58% | 5.03% | 7.55% | 6.87% |
| Aditya Birla Sun Life Short Term Direct Fund Direct-IDCW |
₹5,269 | 0.38% | 0.58% | 5.03% | 7.55% | 6.87% |
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 Short Term Fund Regular-Growth
|
₹103 | 0.23% | 0.42% | 2.60% | 3.90% | - |
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Union Short Term Fund Regular-IDCW
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₹103 | 0.23% | 0.42% | 2.60% | 3.90% | - |
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Union Short Term Fund Direct-IDCW
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₹103 | 0.27% | 0.53% | 2.83% | 4.29% | - |
growth is based on 1-month returns of the fundsUnion Short Term Fund Direct-Growth Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Short Term Fund Direct Plan-Growth |
₹18,468 | ₹71.14 | 7.67% | 7.14% | 7.71% |
| ICICI Prudential Short Term Fund-Growth |
₹18,468 | ₹64.70 | 7.04% | 6.46% | 6.94% |
| ICICI Prudential Short Term Fund Direct Plan-IDCW Monthly |
₹18,468 | ₹12.74 | 7.67% | 7.14% | 7.71% |
| ICICI Prudential Short Term Fund-IDCW Monthly |
₹18,468 | ₹12.12 | 7.04% | 6.46% | 6.94% |
| HDFC Short Term Fund Direct Plan-Growth |
₹13,967 | ₹35.55 | 7.39% | 6.59% | 7.30% |
| HDFC Short Term Fund-Growth |
₹13,967 | ₹34.30 | 7.08% | 6.22% | 6.98% |
| HDFC Short Term Fund Direct Plan-IDCW |
₹13,967 | ₹21.06 | 7.39% | 6.59% | 7.30% |
| HDFC Short Term Fund-IDCW |
₹13,967 | ₹20.38 | 7.08% | 6.22% | 6.98% |
| HDFC Short Term Fund-IDCW Fortnightly |
₹13,967 | ₹10.22 | 7.08% | 6.22% | 6.98% |
| HDFC Short Term Fund Direct Plan-IDCW Fortnightly |
₹13,967 | ₹10.33 | 7.39% | 6.59% | 7.30% |
Union Short Term Fund Direct-Growth Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Repo | Unspecified | 24.41% | ₹54.03 Cr |
| Net Receivables | Unspecified | 6.12% | ₹40.45 Cr |
| Repo | Unspecified | 30.17% | ₹29.52 Cr |
| Larsen And Toubro Limited Sr 4 8 Ncd 23ap30 Fvrs10lac | Industrials | 4.00% | ₹26.32 Cr |
| Larsen And Toubro Limited Sr 4 8 Ncd 23ap30 Fvrs10lac | Industrials | 4.94% | ₹26.18 Cr |
| Larsen And Toubro Limited Sr 4 8 Ncd 23ap30 Fvrs10lac | Industrials | 4.94% | ₹26.18 Cr |
| Larsen And Toubro Limited Sr 4 8 Ncd 23ap30 Fvrs10lac | Industrials | 5.45% | ₹26.15 Cr |
| Larsen And Toubro Limited Sr 4 8 Ncd 23ap30 Fvrs10lac | Industrials | 7.17% | ₹26.08 Cr |
| National Bank For Agriculture And Rural Development Sr F24 7.68 Bd 30ap29 Fvrs1lac | Financial | 3.91% | ₹25.72 Cr |
| Indian Oil Corporation Limited Sr Xxvii 7.25 Ncd 06jn30 Fvrs1lac | Energy & Utilities | 3.89% | ₹25.64 Cr |
| Indian Railway Finance Corporation Limited Series 142 7.50 Loa 09sp29 Fvrs10lac | Financial | 4.84% | ₹25.62 Cr |
| Indian Railway Finance Corporation Limited Series 142 7.50 Loa 09sp29 Fvrs10lac | Financial | 4.84% | ₹25.62 Cr |
| Indian Railway Finance Corporation Limited Series 142 7.50 Loa 09sp29 Fvrs10lac | Financial | 5.34% | ₹25.62 Cr |
| Jamnagar Utilities & Power Private Limited Sr Ppd7 7.90 Loa 10ag28 Fvrs1lac | Industrials | 4.83% | ₹25.62 Cr |
| Jamnagar Utilities & Power Private Limited Sr Ppd7 7.90 Loa 10ag28 Fvrs1lac | Industrials | 4.83% | ₹25.62 Cr |
| Jamnagar Utilities & Power Private Limited Sr Ppd7 7.90 Loa 10ag28 Fvrs1lac | Industrials | 5.34% | ₹25.62 Cr |
| Indian Railway Finance Corporation Limited Sr 181 7.37 Bd 31jl29 Fvrs1lac | Financial | 3.89% | ₹25.61 Cr |
| Indian Oil Corporation Limited Sr Xxvii 7.25 Ncd 06jn30 Fvrs1lac | Energy & Utilities | 5.33% | ₹25.57 Cr |
| National Bank For Agriculture And Rural Development Sr 25d 7.40 Bd 29ap30 Fvrs1lac | Financial | 5.32% | ₹25.53 Cr |
| Indian Oil Corporation Limited Sr Xxvii 7.25 Ncd 06jn30 Fvrs1lac | Energy & Utilities | 4.82% | ₹25.52 Cr |
Top Debt Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Bank Of India Short Term Fund Direct-Growth |
₹31.27 | 7.67% | 10.89% | - |
| Bank Of India Short Term Fund Direct-IDCW Monthly |
₹15.14 | 7.67% | 10.89% | - |
| Bank Of India Short Term Fund Direct-IDCW Quarterly |
₹14.41 | 7.67% | 10.89% | - |
| Bank Of India Short Term Fund Regular-Growth |
₹28.54 | 7.06% | 10.34% | - |
| Bank Of India Short Term Fund Regular-IDCW Monthly |
₹14.58 | 7.06% | 10.34% | - |
| Bank Of India Short Term Fund Regular-IDCW Quarterly |
₹14.43 | 7.06% | 10.34% | - |
| ICICI Prudential Short Term Fund Direct Plan-Growth |
₹71.14 | 7.67% | 7.14% | - |
| ICICI Prudential Short Term Fund Direct Plan-IDCW Monthly |
₹12.74 | 7.67% | 7.14% | - |
| Aditya Birla Sun Life Short Term Direct Fund Direct-Growth |
₹55.50 | 7.55% | 6.87% | - |
| Aditya Birla Sun Life Short Term Direct Fund Direct-IDCW |
₹10.52 | 7.55% | 6.87% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Union Short Term Fund Direct-Growth
What is the current AUM of Union Short Term Fund Direct-Growth?
As of Sat Oct 31, 2026, Union Short Term Fund Direct-Growth manages assets worth ₹103.0 crore
How has Union Short Term Fund Direct-Growth performed recently?
- 3 Months: 0.53%
- 6 Months: 2.83%
What is the long-term performance of Union Short Term Fund Direct-Growth?
- Since Inception: 6.19%
What is the portfolio composition of Union Short Term Fund Direct-Growth?
Debt: 83.45%, Others: 16.55%.
Who manages Union Short Term Fund Direct-Growth?
Union Short Term Fund Direct-Growth is managed by Shrenuj Parekh from Union Mutual Fund.
Which are the top companies Union Short Term Fund Direct-Growth has invested in?
- Repo – 24.41% of the fund's portfolio
- Net Receivables – 6.12% of the fund's portfolio
- Repo – 30.17% of the fund's portfolio
- LARSEN AND TOUBRO LIMITED SR 4 8 NCD 23AP30 FVRS10LAC – 4.00% of the fund's portfolio
- LARSEN AND TOUBRO LIMITED SR 4 8 NCD 23AP30 FVRS10LAC – 4.94% of the fund's portfolio
Which are the major sectors Union Short Term Fund Direct-Growth focuses on?
- Unspecified – 60.70% of the fund's portfolio
- Industrials – 41.50% of the fund's portfolio
- Financial – 28.14% of the fund's portfolio
- Energy & Utilities – 14.04% of the fund's portfolio
