Union Money Market Fund - Direct (IDCW-D) RI


Money Market Fund
  • NAV 1000.00 (0%)
  • Fund Size (Cr) ₹181.37
  • Expense Ratio 0.27
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹1000
  • Exit Load 0%
  • Return Since Launch 0%

Basic Details

Scheme Manager
Parijat Agrawal
Bench Mark
CRISIL Money Market A-I Index
Type
OPEN

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Sep-21
  • 10000
  • 10022.02
  • 0.22%
  • 0.22%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 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

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  • Expected Returns Rate

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  • Time Period

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Total of your Investment will be

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70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
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  • Investment Type

  • Monthly Investment

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Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

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* The calculator shows annualized returns.
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Risk Ratios

  • Standard Deviation
    -
  • Beta
    -
  • Sharpe Ratio
    -
  • Treynor’s Ratio
    0%
  • Jension’s Alpha
    -

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • TBILL-364D
  • 7.64%
  • 150000000
  • 14.23
  • T Bills
  • T Bills
  • TBILL-364D
  • 5.28%
  • 100000000
  • 9.82
  • T Bills
  • T Bills
  • TBILL-364D
  • 5.2%
  • 100000000
  • 9.68
  • T Bills
  • T Bills
  • TBILL-364D
  • 5.11%
  • 100000000
  • 9.51
  • T Bills
  • T Bills
  • TBILL-364D
  • 2.6%
  • 50000000
  • 4.83
  • T Bills
  • T Bills
  • TREPS
  • 4.31%
  • 0
  • 8.02
  • Reverse Repo
  • Debt Others
  • LIC Housing Fin.
  • 5.37%
  • 100000000
  • 9.99
  • Commercial Paper
  • Debt Others
  • Bajaj Finance
  • 5.29%
  • 100000000
  • 9.85
  • Commercial Paper
  • Debt Others
  • S I D B I
  • 5.1%
  • 100000000
  • 9.49
  • Commercial Paper
  • Debt Others
  • A Birla Finance
  • 5.07%
  • 100000000
  • 9.44
  • Commercial Paper
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Union Money Market Fund - Direct (IDCW-D) RI
  • Stars
  • 181.37
  • -
  • -
  • -
  • -
  • -
  • ICICI Pru Money Market Fund - Direct (IDCW-D)
  • Stars
  • 22485.24
  • 0.64%
  • 103.84%
  • 107.80%
  • 115.10%
  • 33.58%
  • Bandhan Money Manager Fund - Direct (IDCW-D)
  • Stars
  • 5068.9
  • 0.65%
  • 1.93%
  • 3.88%
  • 9.40%
  • 6.53%
  • Aditya Birla SL Money Manager Fund - Dir (IDCW-W)
  • Stars
  • 23737.6
  • 0.51%
  • 2.87%
  • 5.40%
  • 8.88%
  • 6.94%
  • Kotak Money Market Fund - Direct (IDCW-M)
  • Stars
  • 20244.6
  • 0.66%
  • 3.40%
  • 4.69%
  • 8.34%
  • 6.32%
  • UTI-Money Market Fund - Direct (IDCW-W)
  • Stars
  • 14121.21
  • 0.53%
  • 1.82%
  • 4.56%
  • 8.11%
  • 6.32%

News

  • Union MF Announces change in benchmark index under its schemes Union Mutual Fund has announced change the benchmark index for the following schemes, with effect from 01 June 2024. Accordingly, the revised benchmark index will be:

    Changes in the Schemes Benchmark Index:

    Scheme Name Existing Benchmark Revised Benchmark
    Union Flexi Cap Fund S&P BSE 500 Index (TRI) BSE 500 Index (TRI)
    Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund) S&P BSE 500 Index (TRI) BSE 500 (TRI)
    Union Small Cap Fund S&P BSE 250 SmallCap Index (TRI) BSE 250 SmallCap Index (TRI)
    Union Largecap Fund S&P BSE 100 Index (TRI) BSE 100 Index (TRI)
    Union Value Fund (Formerly Union Value Discovery Fund) S&P BSE 500 Index (TRI)BSE 500 Index (TRI)
    Union Focused Fund S&P BSE 500 Index (TRI) BSE 500 Index (TRI)
    Union Midcap Fund S&P BSE 150 MidCap Index (TRI) BSE 150 MidCap Index (TRI)
    Union Children?s Fund S&P BSE 500 Index (TRI) BSE 500 Index (TRI)
    Union Retirement Fund S&P BSE 500 Index (TRI) BSE 500 Index (TRI)

    Powered by Capital Market - Live News

  • Union MF Announces Change In the Benchmark Union Mutual Fund has announced Change in the Benchmark of Union Large & Midcap Fund under the following scheme, with effect from May 02, 2024

    Name of the Scheme Existing Risk-o-meter of the Benchmark Revised Risk-o-meter of the Benchmark
    Union Large & Midcap Fund S&P BSE 250 LargeMidCap Index (TRI) ^^ NIFTY LargeMidcap 250 Index (TRI) @@@

    Powered by Capital Market - Live News

  • Union MF Announces change in fund managers under its schemes Union Mutual Fund has announced change in fund managers under the following schemes, with effect from 02 May 2024.

    Change in Fund Management Responsibilities:

    <
    Name of the Scheme Existing Fund Managers/ Co-Fund Managers New Fund Managers/ Co-Fund Managers
    Union Large & Midcap Fund Mr. Sanjay Bembalkar and
    Mr. Hardick Bora
    Mr. Hardick Bora and
    Mr. Vinod Malviya
    Union Largecap Fund Mr. Hardick Bora,
    Mr. Sanjay Bembalkar and
    Mr. Vinod Malviya
    Mr. Sanjay Bembalkar and
    Mr. Vinod Malviya
    Union Midcap Fund Mr. Sanjay Bembalkar,
    Mr. Hardick Bora and
    Mr. Gaurav Chopra
    Mr. Hardick Bora and
    Mr. Gaurav Chopra

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 24-Aug-2021
  • Total AUM (Cr) ₹186.18

Union Money Market Fund - Direct (IDCW-D) RI is an Money Market Fund-oriented fund from the renowned AMC, Union Mutual Fund. Launched in Aug 2021, this fund is managed by Parijat Agrawal. With assets under management (AUM) worth ₹186.18 (Cr), as of 17-Sep-2021, Union Money Market Fund - Direct (IDCW-D) RI is categorized as a Money Market Fund within its segment. The fund has generated a return of 0% since its launch.
The current NAV of Union Money Market Fund - Direct (IDCW-D) RI is ₹1000.00, as on 17-Sep-2021. The fund’s benchmark index is CRISIL Money Market A-I Index. You can invest in Union Money Market Fund - Direct (IDCW-D) RI via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated and 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 , 100.02% in Debt and -0.02% in cash and cash equivalents

FAQs on Union Money Market Fund - Direct (IDCW-D) RI

Union Money Market Fund - Direct (IDCW-D) RI is a popular fund in the Money Market Fund segment. The fund has generated a return of 0% since inception. Looking to invest in Union Money Market Fund - Direct (IDCW-D) RI? How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Money Market Fund - Direct (IDCW-D) RI 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 across products for life.
  • 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 (IDCW-D) RI
  • 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: Enter amount, select payment 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, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Union Money Market Fund - Direct (IDCW-D) RI today and reap the benefits of this Money Market Fund fund!

In the short term, i.e., 1 year, Union Money Market Fund - Direct (IDCW-D) RI has generated annualised return of . In the long-term, the fund has generated and in 3 and 5 years respectively. Since its inception, the fund has generated 0% returns.

The expense ratio of Union Money Market Fund - Direct (IDCW-D) RI Direct Growth is 0.27%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Union Money Market Fund - Direct (IDCW-D) RI is ₹186.18 (Cr) as of 17 September 2021. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Union Money Market Fund - Direct (IDCW-D) RI 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 (IDCW-D) RI:

  • 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 (IDCW-D) RI).
  • 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).

Yes, you can invest both lumpsum and SIP in Union Money Market Fund - Direct (IDCW-D) RI. Minimum lumpsum investment Union Money Market Fund - Direct (IDCW-D) RI is ₹5000 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Union Money Market Fund - Direct (IDCW-D) RI is ₹1000.00 as on 17 September 2021.

The 5 biggest stock holdings of Union Money Market Fund - Direct (IDCW-D) RI are:
TBILL-364D (7.64%), TBILL-364D (5.28%), TBILL-364D (5.2%), TBILL-364D (5.11%), TBILL-364D (2.6%)

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