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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹1000

AUM (Fund size)

₹774 Cr

Lock In Period

N/A

Expense Ratio

0.97

Benchmark

NIFTY Low Duration Debt Index A-I

Exit Load

Nil

Summary

Latest details for Union Low Duration Fund Growth include a ₹10.3822 NAV as of Apr 22,2026 and returns since inception of --%. Minimum investments start at SIP ₹500. The Union Low Duration Fund Growth AUM is ₹774 Cr, with a lock-in of N/A years, expense ratio of 0.97%, and benchmark NIFTY Low Duration Debt Index A-I. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.63% returns, against a category average of 0.69% and a category best of 259.97%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.630.69259.97
6M2.341.34281.41
1Y0.005.11309.46
3Y0.0013.86219.54

Portfolio Analysis

  • Equity:
  • Debt: 99.64%
  • Others
As on: 2026-03-31
View allocation % by

1. Power Finance Corporation Ltd.9.15%
2. REC Ltd.6.02%
3. Indian Railway Finance Corporation Ltd.3.05%

1. HDFC Bank Ltd.5.99%
2. National Housing Bank3.05%
3. Small Industries Development Bank of India2.99%
4. Axis Bank Ltd.2.95%
5. ICICI Bank Ltd.2.85%

1. TREPS9.42%
2. Radhakrishna Securitisation Trust2.99%
3. Net Receivable / Payable2.97%
4. State Government of West Bengal 7.86% 20260.61%

1. PNB Housing Finance Ltd.6.11%
2. LIC Housing Finance Ltd.3.06%
3. Tata Capital Housing Finance Ltd.3.03%

1. Punjab National Bank3.43%
2. National Bank for Agriculture and Rural Development2.99%
3. Bank of Baroda2.86%

1. Cholamandalam Investment & Finance Co. Ltd.6.12%
2. Bajaj Finance Ltd.3.04%

1. 364 Day Treasury Bills6.05%
2. 91 Day Treasury Bills3.02%

1. Bharti Telecom Ltd.4.83%

1. Jamnagar Utilities & Power Pvt. Ltd.3.06%

About Fund

Union Low Duration Fund Growth managed by Union Mutual Fund,is a Debt - Short Termscheme with Assets Under Management of ₹774 Crore. The fund benchmarks its performance against the NIFTY Low Duration Debt Index A-I while maintaining an expense ratio of 0.97. Under the expert guidance of Devesh Thacker ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Devesh Thacker

Mr. Devesh holds a degree in commerce and is a post graduate in Finance from University of Pune. He has over nine years of experience in the financial services with around 4 years experience in the Fixed Income segment. His previous work experience also includes working in a Bank and debt segment of financial intermediaries.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundFranklin India Short Term Income Plan -Segregated Portfolio 2-Institutionl Growth00 CR
This FundUnion Low Duration Fund Growth0774.48 CR0.97
This FundFranklin India Short Term Income Plan - Institutional Plan Growth00 CR1.18
Fund Name1Y3Y
This FundFranklin India Short Term Income Plan -Segregated Portfolio 2-Institutionl Growth282.71280
This FundUnion Low Duration Fund Growth00
This FundFranklin India Short Term Income Plan - Institutional Plan Growth192.0255219.2677

FAQs

Union Low Duration Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Union Low Duration Fund Growth is 0.97. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Union Low Duration Fund Growth’s fund performance is as follows:
  • 1 Month : 0.63%
  • 6 Months : 2.34%
  • 1 Year : 0.00%
  • 3 Years : 0.00%
Returns of Union Low Duration Fund Growth are updated daily based on NAV of ₹ 10.3822 as on Apr 22,2026. Since inception, the return has been 0.00%.

You can invest in Union Low Duration Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Union Low Duration Fund Growth is ₹774 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Union Low Duration Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500