October 20, 2026
mayank
Union Ultra Short to Short Term Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 10.71 |
| NAV IDCW (Rs.) | 10.26 |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 6 |
| Benchmark |
NIFTY Low Duration Debt Index A-I
|
| AUM Rs. | 228 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.21% |
| 1 Year Return (%) | 5.51 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 5.69% |
Suitable For Which Investors?
Ultra Short to Short Term funds are suitable for investors:
1. Looking to park money for short periods of up to one year
2. Looking to earn marginally higher returns than savings account
3. Who can withstand volatility and risk in their debt portfolio
Note:
• There is no guarantee of returns
• Not suitable for long term wealth creation
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 Ultra Short to Short Term Fund
| Fund House | Union Mutual Fund |
| Launch Date | 16-Jul-25 |
| Return Since Launch | 5.69% |
| Benchmark | NIFTY Low Duration Debt Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | 228 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.21% |
| (As on 30-Sep-2026) | |
| Risk Grade | — |
| Return Grade | — |
Union Ultra Short to Short Term Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Ultra Short to Short Term Dir | 4.29 | -0.03 | 0.23 | 1.26 | 2.71 | 5.51 | — | — | — | — |
| Debt: Ultra Short to Short Term | 4.71 | -0.02 | 0.32 | 1.44 | 2.99 | 5.98 | — | — | — | — |
| Rank within category | 26 | 16 | 31 | 30 | 30 | 26 | — | — | — | — |
| Number of funds in category | 26 | 31 | 31 | 31 | 30 | 26 | 20 | 20 | 20 | 19 |
Peer Comparison of Union Ultra Short to 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 Ultra Short to Short Term Dir | Unrated | 5.51 | — | — | 0.21 | 228 | 5.69 | — | 1Y 3M |
| ICICI Pru Ultra Short to Short Term Dir | 5 out of 5 stars | 6.09 | 7.37 | 6.64 | 0.36 | 18,781 | 7.70 | — | 13Y 9M |
| Kotak Ultra Short to Short Term Dir | 4 out of 5 stars | 6.00 | 7.41 | 6.70 | 0.35 | 12,566 | 7.83 | — | 13Y 9M |
| Nippon India Ultra Short to Short Term Dir | 4 out of 5 stars | 6.16 | 7.40 | 6.73 | 0.32 | 7,096 | 7.58 | — | 13Y 9M |
| Axis Ultra Short to Short Term Dir | 4 out of 5 stars | 6.13 | 7.39 | 6.69 | 0.30 | 4,563 | 7.61 | — | 13Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 8 | 64 |
| Macaulay Duration (yrs) | 0.85 | 0.84 |
| Average Maturity (yrs) | 0.88 | 0.94 |
| Yield to Maturity (%) | 7.00 | 7.46 |
| 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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