June 19, 2025
mayank
Union Low Duration Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Union Low Duration Fund Open Date, Close Date?
NFO opens on June 26, 2025
NFO will close on July 03, 2025
Investment Strategy for this NFO?
The scheme seeks to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns such that the Macaulay Duration of the portfolio is between 6 months to 12 months.
Basic Details
| Fund House | Union Mutual Fund |
| Issue Open | 26 June 2025 |
| Issue Close | 03 July 2025 |
| Type | Open-ended |
| Category | Debt: Low Duration |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Low to Moderate |
| Benchmark | NIFTY Low Duration Debt Index A-I |
About Benchmark Index for this NFO?
The Nifty Fixed Income PRC (Potential Risk Class) Indices are based on SEBI guidelines on Potential Risk Class Matrix for debt schemes based on Interest Rate Risk and Credit Risk and have been prepared for various categories of MFs as per SEBI guidelines on ‘Categorization and Rationalization of Mutual Fund Schemes’ with respect to Macaulay’s Duration and Credit Rating range for each debt fund category. The indices are rebalanced on a monthly basis.
Index Characteristics
| Launch Date | April 04, 2022 |
| Base Date | September 03, 2001 |
| Base Value | 1000 |
| Calculation Frequency | Daily – End of day |
| Reconstitution Frequency | Monthly |
Fund Managers of Union Low Duration Fund
1) Devesh Thacker
Education: Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.
Experience: Prior to joining Union AMC in 2011 he has worked with Sahara AMC.
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.
AMC
Union Asset Management Company Pvt. Ltd.
Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai – 400059
Website: https://www.unionmf.com
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for Union Low Duration Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY Low Duration Debt Index A-I
Statistics (( Returns as onMay 31, 2025 ))
| Index Name | Avg Yield %* | Avg. Macaulay Duration* | Avg. Maturity* | Avg. Modified Duration* | 3 M | 6 M | 1 Yr. | 3 Yr. | Since Inception |
| NIFTY Low Duration Debt Index A-I | 6.36 | 0.59 | 0.60 | 0.56 | 2.31 | 4.06 | 7.91 | 7.23 | 7.32 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Devesh Thacker
| Fund | Union Dynamic Bond Fund | It’s Benchmark | Union Arbitrage Fund | It’s Benchmark |
| 1 Year | 8.30 | 7.61 | 6.73 | 5.30 |
| 3 Year | 7.25 | 7.75 | 6.70 | 4.54 |
| 5 Year | 5.04 | 5.49 | 5.31 | 3.53 |
| 7 Year | 6.64 | 6.45 | — | — |
| 10 Year | 6.19 | 6.49 | — | — |
As on 19-6-2025
Past Performance of Parijat Agrawal
| Fund | Union Balanced Advantage Fund | It’s Benchmark | Union Equity Savings Fund | It’s Benchmark |
| 1 Year | 3.91 | 4.57 | 4.64 | 6.29 |
| 3 Year | 12.27 | 16.74 | 9.70 | 13.48 |
| 5 Year | 12.72 | 16.70 | 9.18 | 12.89 |
| 7 Year | 10.33 | 11.94 | — | — |
| 10 Year | — | — | — | — |
As on 19-6-2025
Note on Fund Managers’ performance
[ C ] Our NFO Review
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Union Low Duration Fund NFO?
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
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