August 19, 2025
RA Jainee
Union Low Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.0532
NAV IDCW: Rs 10.0532
Suitable For Which Investors?
Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here’s why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there’s a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don’t need for up to a year in a Liquid fund.
Fund’s Investment Strategy:
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.
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) 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.
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 Low Duration Fund
| Fund House | Union Mutual Fund |
| Launch Date | 16-Jul-25 |
| Return Since Launch | 0.53% |
| Benchmark | NIFTY Low Duration Debt Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 767 Cr |
| (As on 31-Jul-2025) | |
| Expense | 0.25% |
| (As on 31-Jul-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Union Low Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Low Duration Dir | — | 0.05 | 0.41 | — | — | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | — | 0.02 | 0.32 | — | — | — | — | — | — | — |
| Debt: Low Duration | — | 0.06 | 0.44 | — | — | — | — | — | — | — |
| Rank within category | — | 21 | 21 | — | — | — | — | — | — | — |
| Number of funds in category | 20 | 25 | 25 | 23 | 20 | 20 | 20 | 20 | 20 | 19 |
Peer Comparison of Union Low Duration 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 Low Duration Dir | Unrated | — | — | — | 0.25 | 767 | 0.53 | — | 1M |
| SBI Magnum Low Duration Dir | 4 star | 8.11 | 7.57 | 6.15 | 0.43 | 15,812 | 7.48 | — | 12Y 7M |
| ABSL Low Duration Dir | 4 star | 8.30 | 7.74 | 6.55 | 0.43 | 14,426 | 8.01 | — | 12Y 7M |
| Axis Treasury Advantage Dir | 4 star | 8.35 | 7.67 | 6.32 | 0.35 | 7,155 | 7.74 | — | 12Y 7M |
| Mirae Asset Low Duration Dir | 4 star | 8.29 | 7.59 | 6.17 | 0.17 | 1,972 | 5.66 | — | 12Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 17 | 83 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Union Low Duration Fund
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