Union Dynamic Bond Fund

Q: What are the returns of this mutual fund scheme?

The Union Dynamic Bond Fund is a 14 yrs old fund and has delivered average annual returns of 6.14% since inception. Union Dynamic Bond Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 1.95% 5.6% 4.26% 5.74% 6.14%

Q: How much does this mutual fund charge as expense ratio?

The Union Dynamic Bond Fund has an expense ratio of 1.57% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹23.0367-0.8% 1 day change	6.14% p.a.	App exclusive #NA View Ranked Funds	₹103 Cr

Historical NAV & returns

NAV: ₹23.0367 as on Feb 02, 2026

This fund Category average

Union Dynamic Bond Fund overview

AUM (Fund size)	₹103 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
Lock-in Period	Nil
Age	14 yrs since Jan 23, 2012
Benchmark	CRISIL Dynamic Bond A-III Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.57% as on Feb 02, 2026
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Union Dynamic Bond Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-0.89%	-0.08%
3 Months	-0.79%	0.2%
6 Months	-1.77%	0.57%
1 Year	1.95%	4.84%
2 Years	4.76%	6.2%
3 Years	5.6%	6.57%
4 Years	4.81%	6.02%
5 Years	4.26%	5.41%
7 Years	5.85%	6.42%
10 Years	5.74%	6.72%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 77.63%

AAA 14.87%

Cash & Call Money 7.19%

Others 0.31%

Top Debt Holdings

GOI 77.58%

Indian Railway Finance Corporation Ltd. 5.06%

REC Ltd. 5.01%

Power Finance Corporation Ltd. 4.8%

Allocation by Instruments

GOI Securities 77.58000000000001%

Debenture 14.87%

Repo 5.21%

Net Receivables 1.98%

Other Holdings

Others 1.98%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Dynamic Bond Fund	-0.89%	-1.77%	1.95%	5.6%	4.26%	5.74%
ICICI Prudential All Seasons Bond Fund	-0.07%	1.36%	6.3%	7.43%	6.4%	8.21%
360 ONE Dynamic Bond Fund	0.13%	2.04%	7.52%	8.23%	6.91%	6.94%
Aditya Birla Sun Life Dynamic Bond Fund	-0.13%	0.88%	5.9%	7.21%	6.72%	6.4%
JM Dynamic Bond Fund	-0.2%	0.55%	5.47%	6.73%	5.64%	6.37%
UTI Dynamic Bond Fund	-0.13%	0.52%	5.15%	6.66%	8.42%	6.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Dynamic Bond Fund	3.26	1.91	-0.07	-0.09
ICICI Prudential All Seasons Bond Fund	1.39	0.77	0.86	1.14
360 ONE Dynamic Bond Fund	1.95	1.08	0.9	1.36
Aditya Birla Sun Life Dynamic Bond Fund	2.23	1.26	0.46	0.7
JM Dynamic Bond Fund	2.15	1.16	0.24	0.4
UTI Dynamic Bond Fund	2.11	1.19	0.21	0.28

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Dynamic Bond Fund	N.A.	103 Cr	14 yrs	1.57%
ICICI Prudential All Seasons Bond Fund	N.A.	14,929 Cr	16 yrs 8 m	1.28%
360 ONE Dynamic Bond Fund	N.A.	618 Cr	12 yrs 7 m	0.52%
Aditya Birla Sun Life Dynamic Bond Fund	N.A.	1,878 Cr	21 yrs 4 m	1.23%
JM Dynamic Bond Fund	N.A.	58 Cr	22 yrs 7 m	0.98%
UTI Dynamic Bond Fund	N.A.	430 Cr	15 yrs 7 m	1.56%

View all Dynamic Bond funds

Key risk & return ratios Compared to other funds in the category

Alpha	-1.0 vs. 2.04 Underperformed at beating benchmark
Sharpe	-0.07 vs. 2.15 Poor risk-adjusted returns
Beta	1.91 vs. 0.73 More sensitive to market's ups & downs
Standard deviation	3.26 vs. 2.44 More volatile performance

Compare Union Dynamic Bond Fund in detail with

About this fund

About Union Dynamic Bond Fund

Union Dynamic Bond Fund is a Dynamic Bond mutual fund scheme from Union Mutual Fund. This fund has been in existence for 14 yrs, having been launched on 23/01/2012. Union Dynamic Bond Fund has ₹103 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Dynamic Bond Fund as of 02/02/2026 is ₹23.04. The fund has an expense ratio of 1.57%, which is higher than what most other Dynamic Bond funds charge.

Union Dynamic Bond Fund returns of last 1-year are 2.03%. Since launch, it has delivered 6.15% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Union Dynamic Bond Fund scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, Indian Railway Finance Corporation Ltd., REC Ltd., Power Finance Corporation Ltd., Reserve Bank of India.

...

Fund AUM	103 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Devesh Thacker

Mr. Thacker is a B.Com (H) and Post graduate from University of Pune. Prior to joining Union AMC in 2011 he has worked with Sahara AMC.

Parijat Agrawal

Mr. Agrawal is a B.Tech and MBA from IIM Bangalore. 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 objective

The scheme seeks to actively manage a portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and liquidity to the investors.

Union Mutual Fund details

No. of schemes	29 view all schemes
Total AUM	25,989 Cr as on Dec 31, 2025
Address	Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai, 400059
Email	investorcare@unionmf.com
Phone	(022) 6748 3300

More funds from Union Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Union Corporate Bond Fund	N.A.	607 Cr	6.49%	7.0%
Union Liquid Fund	N.A.	5,729 Cr	6.35%	6.94%
Union Money Market Fund	N.A.	120 Cr	6.32%	6.43%
Union Overnight Fund	N.A.	438 Cr	5.56%	6.26%
Union Gilt Fund	N.A.	107 Cr	0.88%	5.32%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Union Dynamic Bond Fund?

The current Net Asset Value (NAV) of the Union Dynamic Bond Fund plan is approximately ₹23.0367 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Union Dynamic Bond Fund is a 14 yrs old fund and has delivered average annual returns of 6.14% since inception.

Union Dynamic Bond Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
1.95%	5.6%	4.26%	5.74%	6.14%

How much does this mutual fund charge as expense ratio?

The Union Dynamic Bond Fund has an expense ratio of 1.57%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Union Dynamic Bond Fund currently has assets under management (AUM) or fund size valued at approximately 103 Cr as on Dec 31, 2025.

To whom does Union Dynamic Bond Fund lend to?

The top 3 debt holdings of Union Dynamic Bond Fund are as follows

Holding Name	Percentage of Portfolio
GOI	77.58%
Indian Railway Finance Corporation Ltd.	5.06%
REC Ltd.	5.01%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Union Dynamic Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	77.63%
AAA	14.87%
Cash & Call Money	7.19%

What is risk level of Union Dynamic Bond Fund?

This is a Dynamic Bond fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Union Dynamic Bond Fund?

Redeeming your investments in the Union Dynamic Bond Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Dynamic Bond

#NA

Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 15 days.