October 19, 2026
mayank
Union Gilt Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 12.23 |
| Half Yearly NAV IDCW (Rs.) | 11.88 |
| Yearly NAV IDCW (Rs.) | 11.55 |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark |
CRISIL Dynamic Gilt Index
|
| AUM Rs. | 75 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.55% |
| 1 Year Return (%) | -2.09 |
| 3 Year Return (%) | 4.69 |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 4.94% |
Suitable For Which Investors?
Gilt funds are suitable for investors:
1. Looking to invest in government securities, which carry no credit risk
2. Who understand these funds can swing sharply as interest rates move
3. Who can withstand higher volatility and risk in their debt portfolio
Note:
• Most investors can skip these funds and stick to core debt funds instead
• Unlike FD, there is no guarantee of returns
• Not suitable for long term wealth creation
Fund’s Investment Strategy:
The scheme seeks to generate income through investment in a portfolio comprising of government securities of various maturities.
Fund Manager:
1) Anindya Sarkar
Education: Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM
Experience: Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.
2) Parijat Agrawal
Education: Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience: Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Union Gilt Fund
| Fund House | Union Mutual Fund |
| Launch Date | 08-Aug-22 |
| Return Since Launch | 4.94% |
| Benchmark | CRISIL Dynamic Gilt Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | 75 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.55% |
| (As on 30-Sep-2026) | |
| Risk Grade | High |
| Return Grade | Low |
Union Gilt Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Gilt Dir | -0.94 | 0.20 | -0.90 | -2.58 | 0.14 | -2.09 | 4.69 | — | — | — |
| Debt: Gilt | 1.53 | 0.07 | -0.67 | -1.32 | 1.22 | 1.15 | 6.05 | — | — | — |
| Rank within category | 27 | 2 | 21 | 27 | 24 | 27 | 23 | — | — | — |
| Number of funds in category | 27 | 27 | 27 | 27 | 27 | 27 | 23 | 21 | 20 | 20 |
Peer Comparison of Union Gilt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Union Gilt Dir | 1 out of 5 stars | -2.09 | 4.69 | — | 0.55 | 75 | 4.94 | — | 4Y 2M |
| ICICI Pru Gilt Dir | 5 out of 5 stars | 1.67 | 6.39 | 6.23 | 0.49 | 9,118 | 8.14 | — | 13Y 9M |
| SBI Gilt Dir | 4 out of 5 stars | 2.41 | 6.53 | 6.20 | 0.40 | 8,067 | 8.62 | — | 13Y 9M |
| Bandhan Gilt Dir | 5 out of 5 stars | 6.96 | 8.27 | 6.38 | 0.45 | 1,686 | 8.58 | — | 13Y 9M |
| UTI Gilt Dir | 4 out of 5 stars | 2.96 | 6.37 | 5.43 | 0.38 | 415 | 7.80 | — | 13Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 3 | 15 |
| Macaulay Duration (yrs) | 11.23 | 7.29 |
| Average Maturity (yrs) | — | 14.48 |
| Yield to Maturity (%) | 7.62 | 7.06 |
| Avg Credit Rating | GOI/Cash | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.unionmf.com/investorlogin/
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