Union Gilt Fund Direct - Growth

Q: What are the returns of Union Gilt Fund?

The Union Gilt Fund is a 3 yrs old fund and has delivered average annual returns of 7.68% since inception. Union Gilt Fund Returns 1-Year Since Inception 8.23% 7.68%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹12.4936+0.14% 1 day change	7.68% p.a.	#NA View Ranked Funds	₹100 Cr

Historical NAV & returns

NAV: ₹12.4936 as on Jul 21, 2025

This fund Category average

Union Gilt Fund overview

Expense ratio	0.65% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹100 Cr
Lock-in Period	Nil
Age	3 yrs since Jul 18, 2022
Benchmark	CRISIL Dynamic Gilt TRI
Min. investment	This scheme is currently not buyable
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Union Gilt 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 Jun 06, 2025

Period	This fund	Category average
1 Month	1.24%	1.11%
3 Months	-0.48%	-0.04%
6 Months	3.98%	4.52%
1 Year	8.23%	8.87%
2 Years	8.24%	8.72%

Asset allocationas on May 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 97.05%

Cash & Call Money 2.95%

Top Debt Holdings

GOI 97.05%

Allocation by Instruments

GOI Securities 97.05%

Net Receivables 1.48%

Repo 1.47%

Other Holdings

Others 1.47%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Gilt Fund	N.A.	100 Cr	3 yrs	0.65%
SBI Magnum Gilt Fund	N.A.	12,573 Cr	12 yrs 6 m	0.46%
PGIM India Gilt Fund	N.A.	117 Cr	12 yrs 6 m	0.55%
DSP Gilt Fund	N.A.	1,904 Cr	12 yrs 6 m	0.57%
Axis Gilt Fund	N.A.	836 Cr	12 yrs 6 m	0.41%
LIC MF Gilt Fund	N.A.	87 Cr	12 yrs 6 m	0.75%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Gilt Fund	1.24%	3.98%	8.23%	N.A.	N.A.	N.A.
SBI Magnum Gilt Fund	0.9%	4.5%	8.74%	8.89%	6.63%	8.72%
PGIM India Gilt Fund	0.95%	4.86%	9.24%	8.52%	6.49%	7.81%
DSP Gilt Fund	1.25%	4.5%	8.78%	8.86%	6.61%	8.66%
Axis Gilt Fund	0.85%	4.68%	9.41%	8.65%	6.54%	8.1%
LIC MF Gilt Fund	1.31%	4.14%	8.3%	7.7%	5.7%	7.8%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Gilt Fund	N.A.	N.A.	N.A.	N.A.
SBI Magnum Gilt Fund	2.72	0.75	0.75	1.13
PGIM India Gilt Fund	2.58	0.74	0.68	1.02
DSP Gilt Fund	3.23	0.92	0.63	0.96
Axis Gilt Fund	2.66	0.75	0.75	1.32
LIC MF Gilt Fund	2.96	0.83	0.29	0.41

View all Gilt funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Union Gilt Fund in detail with

About this fund

About Union Gilt Fund

Union Gilt Fund Direct - Growth is a Gilt mutual fund scheme from Union Mutual Fund. This fund has been in existence for 3 yrs, having been launched on 18/07/2022. Union Gilt Fund Direct - Growth has ₹100 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Gilt Fund Direct - Growth as of 21/07/2025 is ₹12.49. The fund has an expense ratio of 0.65%, which is higher than what most other Gilt funds charge.

Union Gilt Fund Direct - Growth returns of last 1-year are 8.26%. Since launch, it has delivered 7.83% average annual returns.
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.

...

Fund AUM	100 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

Anindya Sarkar

Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.

Investment objective

The scheme seeks to generate income through investment in a portfolio comprising of government securities of various maturities.

Union Mutual Fund details

No. of schemes	26 view all schemes
Total AUM	21,203 Cr as on Jun 30, 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.	337 Cr	9.8%	7.75%
Union Dynamic Bond Fund	N.A.	109 Cr	8.47%	7.54%
Union Money Market Fund	N.A.	179 Cr	7.85%	7.23%
Union Liquid Fund	N.A.	4,208 Cr	7.18%	7.1%
Union Overnight Fund	N.A.	474 Cr	6.3%	6.45%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Union Gilt Fund?

The current Net Asset Value (NAV) of the Union Gilt Fund - Direct Growth plan is approximately ₹12.4936 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Union Gilt Fund is a 3 yrs old fund and has delivered average annual returns of 7.68% since inception.

Union Gilt Fund Returns

1-Year	Since Inception
8.23%	7.68%

How much does this mutual fund charge as expense ratio?

The Union Gilt Fund - Direct Growth has an expense ratio of 0.65%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Union Gilt Fund currently has assets under management (AUM) or fund size valued at approximately 100 Cr as on May 31, 2025.

To whom does Union Gilt Fund lend to?

The top 3 debt holdings of Union Gilt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	97.05%

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 Gilt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	97.05%
Cash & Call Money	2.95%

What is risk level of Union Gilt Fund?

This is a Gilt 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 do I invest in Union Gilt Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Union Gilt Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Union Gilt Fund is complete.

How can I redeem my investments in Union Gilt Fund?

Redeeming your investments in Union Gilt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

in Gilt

#NA

Return Outperformance: This fund has generated highest return amongst Gilt funds in the last 1 Year.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.