October 20, 2026
mayank
Union Money Market Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 1,377.00 |
| Monthly NAV IDCW (Rs.) | 1,012.58 |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 6 |
| Benchmark |
CRISIL Money Market A-I Index
|
| AUM Rs. | 1,120 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.14% |
| 1 Year Return (%) | 6.70 |
| 3 Year Return (%) | 7.18 |
| 5 Year Return (%) | 6.51 |
| 10 Year Return (%) | — |
| Return Since Launch | 6.42% |
Suitable For Which Investors?
Money Market funds are suitable for:
1. Parking emergency corpus or idle money for capital preservation
2. Earning slightly higher returns than savings bank account, with low volatility
3. Investment horizon of 1-1.5 years
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Fund Manager:
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| 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 Money Market Fund
| Fund House | Union Mutual Fund |
| Launch Date | 26-Aug-21 |
| Return Since Launch | 6.42% |
| Benchmark | CRISIL Money Market A-I Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | 1,120 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.14% |
| (As on 30-Sep-2026) | |
| Risk Grade | Low |
| Return Grade | Above Average |
Union Money Market Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Money Market Dir | 5.38 | -0.06 | 0.41 | 1.71 | 3.31 | 6.70 | 7.18 | 6.51 | — | — |
| Debt: Money Market | 5.09 | -0.04 | 0.45 | 1.71 | 3.22 | 6.40 | 7.21 | 6.59 | — | — |
| Rank within category | 1 | 27 | 27 | 19 | 2 | 1 | 20 | 16 | — | — |
| Number of funds in category | 26 | 27 | 27 | 27 | 27 | 25 | 23 | 20 | 16 | 12 |
Peer Comparison of Union Money Market 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 Money Market Dir | 5 out of 5 stars | 6.70 | 7.18 | 6.51 | 0.14 | 1,120 | 6.42 | — | 5Y 1M |
| Tata Money Market Dir | 5 out of 5 stars | 6.55 | 7.48 | 6.87 | 0.15 | 31,690 | 6.77 | — | 13Y 9M |
| Kotak Money Market Dir | 4 out of 5 stars | 6.50 | 7.35 | 6.73 | 0.14 | 27,513 | 7.22 | — | 13Y 9M |
| Axis Money Market Dir | 4 out of 5 stars | 6.53 | 7.41 | 6.79 | 0.15 | 19,012 | 6.47 | — | 7Y 2M |
| Bandhan Money Market Dir | 4 out of 5 stars | 6.57 | 7.38 | 6.71 | 0.09 | 13,129 | 7.20 | — | 13Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 41 | 76 |
| Macaulay Duration (yrs) | 0.41 | 0.39 |
| Average Maturity (yrs) | 0.41 | 0.39 |
| Yield to Maturity (%) | 7.01 | 6.95 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.unionmf.com/investorlogin/
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance: https://sahifund.com/category/nfos/
Quicklinks