October 20, 2026
mayank
Union Short Term Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 11.06 |
| NAV IDCW (Rs.) | 11.06 |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 6 |
| Benchmark |
CRISIL Short Duration Debt A-II Index
|
| AUM Rs. | 111 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.28% |
| 1 Year Return (%) | 4.12 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 6.10% |
Suitable For Which Investors?
Short Term funds are suitable for:
1. Debt allocation in your long-term portfolio
2. Earning marginally higher returns than fixed deposits, with low-to-moderate volatility and flexibility to redeem anytime
3. Investment horizon of 1-3 years
Note:
• Unlike FD, there is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
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.
Fund Manager:
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.
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 Short Term Fund
| Fund House | Union Mutual Fund |
| Launch Date | 31-Jan-25 |
| Return Since Launch | 6.10% |
| Benchmark | CRISIL Short Duration Debt A-II Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | 111 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.28% |
| (As on 30-Sep-2026) | |
| Risk Grade | High |
| Return Grade | Below Average |
Union Short Term Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Short Term Dir | 3.35 | -0.06 | 0.06 | 0.49 | 2.22 | 4.12 | — | — | — | — |
| Debt: Short Term | 3.54 | -0.02 | -0.04 | 0.56 | 2.32 | 4.48 | — | — | — | — |
| Rank within category | 20 | 29 | 8 | 19 | 20 | 23 | — | — | — | — |
| Number of funds in category | 26 | 29 | 29 | 28 | 28 | 26 | 25 | 23 | 21 | 17 |
Peer Comparison of Union Short Term 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 Short Term Dir | 1 out of 5 stars | 4.12 | — | — | 0.28 | 111 | 6.10 | — | 1Y 8M |
| ICICI Pru Short Term Dir | 5 out of 5 stars | 5.18 | 7.58 | 7.03 | 0.38 | 18,890 | 8.32 | — | 13Y 9M |
| Bandhan Short Term Dir | 4 out of 5 stars | 5.58 | 7.69 | 6.47 | 0.31 | 8,680 | 7.74 | — | 13Y 9M |
| Axis Short Term Dir | 5 out of 5 stars | 5.06 | 7.66 | 6.72 | 0.32 | 7,425 | 8.01 | — | 13Y 9M |
| Nippon India Short Term Dir | 4 out of 5 stars | 4.69 | 7.52 | 6.60 | 0.33 | 6,364 | 7.94 | — | 13Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 10 | 58 |
| Macaulay Duration (yrs) | 1.60 | 2.03 |
| Average Maturity (yrs) | 1.77 | 2.56 |
| Yield to Maturity (%) | 7.09 | 7.54 |
| 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/
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