Union Money Market Fund - Direct (G)
Money Market FundNAV
1265.10(0.05%)Fund Size (CR)
₹178.56Expense Ratio
0.16Scheme Type
Active FundValue Research
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹100Minimum Withdrawal
₹1,000Exit Load
0%Return Since Launch
6.37%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Parijat Agrawal
Bench Mark
CRISIL Money Market A-I Index
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 6 June 2025 | 10004.63 | 0.05% | - | 0.00% | 8/192 |
| 1 Month | 13 May 2025 | 10074.68 | 0.75% | - | 0.73% | 160/192 |
| 3 Month | 13 March 2025 | 10241.15 | 2.41% | - | 2.39% | 146/192 |
| 6 Month | 13 December 2024 | 10414.62 | 4.15% | - | 4.11% | 133/185 |
| 1 Year | 13 June 2024 | 10794.77 | 7.95% | 7.95% | 7.80% | 119/184 |
| 3 Year | 13 June 2022 | 12304.73 | 23.05% | 7.15% | 7.14% | 111/165 |
| 5 Year | - | - | 0% | - | 5.73% | -/- |
| Since Inception | 26 August 2021 | 12644.71 | 26.45% | 6.37% | 6.43% | 130/192 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 July 2024 | 1,20,000 | 124852.25 | 4.04% | 4.04% |
| 3 Year | 1 July 2022 | 3,60,000 | 402559.31 | 11.82% | 3.79% |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
0.10%
Standard Deviation
0.00%
Beta
2.21%
Sharpe Ratio
31.31%
Treynor's Ratio
0.73%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| There's no data available of Stock Holdings | |||||
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Union Money Market Fund - Direct (G) | 178.56 | 0.75% | 2.41% | 4.15% | 7.95% | 7.15% | |
| DSP Savings Fund - Direct (IDCW-D) | 4517.13 | 0.76% | 3.79% | 7.37% | 11.17% | 8.41% | |
| Aditya Birla SL Money Manager Fund - Dir (IDCW-W) | 26590.38 | 0.79% | 2.53% | 4.35% | 9.15% | 8.84% | |
| Tata Money Market Fund - Direct (IDCW-D) | 31975.32 | 0.87% | 2.63% | 4.45% | 8.47% | 7.75% | |
| Franklin India Money Market Fund - Direct (IDCW-D) | 3472.40 | 0.93% | 2.67% | 4.48% | 8.43% | 7.48% | |
| Mirae Asset Money Market Fund - Direct (G) | 2658.65 | 0.82% | 2.59% | 4.42% | 8.42% | 7.40% |
List of Schemes under Union Mutual Fund
News
Union Mutual Fund announces change in Exit Load Structure
Union Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 26 May 2025Change in Exit Load:
Name of the Scheme Existing Exit Load Revised Exit Load Union Corporate Bond Fund : 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter Nil Union Dynamic Bond Fund : 1 % if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter. Nil Union Short Duration Fund : ' 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment of units. ' Nil if redeemed or switched out after completion of 15 days from the date of allotment of units.
Nil Powered by Capital Market - Live News
Union Short Duration Fund announces Extension of NFO period
Union Mutual Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:Name of the Scheme Existing closing date of NFO Revised closing date of NFO Union Short Duration Fund 28 January 2025 29 January 2025 Powered by Capital Market - Live News
Union Mutual Fund announces merger of Union Medium Duration Fund Merger into Union Corporate Bond Fund
Union Mutual Fund has approved the merger of Union Medium Duration Fund Merger into Union Corporate Bond Fund, with effect from 29 January 2025.Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
24 August 2021
Total AUM (Cr)
₹178.56
Union Money Market Fund - Direct (G) is an Money Market Fund-oriented fund from the renowned AMC, Union Mutual Fund. Launched in 24 August 2021, this fund is managed by Parijat Agrawal. With assets under management (AUM) worth ₹178.56 (Cr), as of 16 June 2025, Union Money Market Fund - Direct (G) is categorized as a Money Market Fund within its segment. The fund has generated a return of 6.37% since its launch.
The current NAV of Union Money Market Fund - Direct (G) is ₹1,265.1, as on 16 June 2025. The fund's benchmark index is CRISIL Money Market A-I Index. You can invest in Union Money Market Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 7.15% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.59% in Debt and 0.41% in cash and cash equivalents.
FAQs
How to Invest in Union Money Market Fund - Direct (G) Direct Growth?
Union Money Market Fund - Direct (G) is a popular fund in the Money Market Fund segment. The fund has generated a return of 6.37% since inception. Looking to invest in Union Money Market Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Money Market Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Union Money Market Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Union Money Market Fund - Direct (G) today and reap the benefits of this Money Market Fund fund!
How much returns has Union Money Market Fund - Direct (G) Direct Growth generated?
What is the expense ratio of Union Money Market Fund - Direct (G) Direct Growth?
What is the AUM of Union Money Market Fund - Direct (G) Fund Direct Growth?
How to redeem or withdraw money from Union Money Market Fund - Direct (G) Direct Growth?
Redeeming or selling units of Union Money Market Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Union Money Market Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Union Money Market Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).