January 16, 2025
mayank
Union Short 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 Short Duration Fund Open Date, Close Date?
NFO opens on January 15, 2025
NFO will close on January 29, 2025
Investment Strategy for this NFO?
The scheme seeks to an actively managed scheme with an investment objective 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.
Basic Details
| Fund House | Union Mutual Fund |
| Issue Open | 15 January 2025 |
| Issue Close | 29 January 2025 |
| Type | Open-ended |
| Category | Debt: Short Duration |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
| Riskometer | Moderate |
| Benchmark | CRISIL Short Duration Debt A-II Index |
About Benchmark Index for this NFO?
Fund Managers of Union Short Duration Fund
1) Shrenuj Parekh
Education: Mr. Parekh has done B.Com and CA
Experience: Prior to joining Union Mutual Fund, Crisil Ltd, Axis Bank and Deloitte
2) 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.
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 Short Duration Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of CRISIL Short Duration Debt A-II Index
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Study about Benchmark Index in details
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Shrenuj Parekh
| Fund | Union Corporate Bond Fund | It’s Benchmark |
| 1 Year | 8.00 | 7.96 |
| 3 Year | 5.92 | 6.34 |
| 5 Year | 6.30 | 5.71 |
| 7 Year | — | — |
| 10 Year | — | — |
As on 16-1-2025
Past Performance of Anindya Sarkar
| Fund | Union Medium Duration Fund | It’s Benchmark | Union Gilt Fund | It’s Benchmark |
| 1 Year | 7.19 | 7.96 | 7.81 | 10.04 |
| 3 Year | 5.26 | 6.34 | – | – |
| 5 Year | — | — | – | – |
| 7 Year | — | — | – | – |
| 10 Year | — | — | – | – |
As on 16-1-2025
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in Union Short Duration Fund NFO?
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