Union Gilt Fund

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

The Union Gilt Fund is a 3 yrs 3 m old fund and has delivered average annual returns of 6.25% since inception. Union Gilt Fund Returns 1-Year 3-Year Since Inception 4.31% 6.8% 6.25%

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

The Union Gilt Fund has an expense ratio of 1.12% , 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 Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹12.215-0.19% 1 day change	6.25% p.a.	App exclusive #NA View Ranked Funds	₹127 Cr

Historical NAV & returns

NAV: ₹12.215 as on Oct 20, 2025

This fund Category average

Union Gilt Fund overview

AUM (Fund size)	₹127 Cr
Exit load	0%
Lock-in Period	Nil
Age	3 yrs 3 m since Jul 18, 2022
Benchmark	CRISIL Dynamic Gilt Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Expense ratio	1.12% as on Sep 30, 2025
Plan type	Regular
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 Oct 17, 2025

Period	This fund	Category average
1 Month	0.84%	0.73%
3 Months	-0.5%	-0.1%
6 Months	-1.33%	-0.55%
1 Year	4.31%	5.15%
2 Years	7.24%	7.63%
3 Years	6.8%	7.1%

Asset allocationas on Sep 30, 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 96.52%

Cash & Call Money 3.48%

Top Debt Holdings

GOI 96.52%

Allocation by Instruments

GOI Securities 96.52000000000001%

Net Receivables 2.98%

Repo 0.5%

Other Holdings

Others 2.98%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Gilt Fund	0.84%	-1.33%	4.31%	6.8%	N.A.	N.A.
SBI Magnum Gilt Fund	0.58%	-0.26%	5.65%	7.66%	5.8%	7.73%
Axis Gilt Fund	0.9%	0.14%	6.31%	7.74%	5.55%	7.19%
ICICI Prudential Gilt Fund	0.73%	1.79%	7.77%	7.98%	6.19%	7.86%
UTI Gilt Fund	0.53%	-0.34%	5.49%	7.13%	5.1%	7.18%
DSP Gilt Fund	0.79%	-0.39%	5.37%	7.77%	5.64%	7.64%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Gilt Fund	3.65	1.0	0.05	0.05
SBI Magnum Gilt Fund	3.05	0.83	0.32	0.44
Axis Gilt Fund	2.98	0.8	0.31	0.46
ICICI Prudential Gilt Fund	1.92	0.48	0.62	0.73
UTI Gilt Fund	2.95	0.8	0.17	0.2
DSP Gilt Fund	3.54	0.98	0.3	0.41

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Gilt Fund	N.A.	127 Cr	3 yrs 3 m	1.12%
SBI Magnum Gilt Fund	N.A.	11,308 Cr	21 yrs 10 m	0.94%
Axis Gilt Fund	N.A.	679 Cr	13 yrs 9 m	0.82%
ICICI Prudential Gilt Fund	N.A.	9,109 Cr	26 yrs 3 m	1.09%
UTI Gilt Fund	N.A.	566 Cr	23 yrs 9 m	0.93%
DSP Gilt Fund	N.A.	1,494 Cr	26 yrs 1 m	1.17%

View all Gilt funds

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

Alpha	-1.85 vs. 1.41 Underperformed at beating benchmark
Sharpe	0.05 vs. 2.03 Poor risk-adjusted returns
Beta	1.0 vs. 0.45 More sensitive to market's ups & downs
Standard deviation	3.65 vs. 2.62 More volatile performance

Compare Union Gilt Fund in detail with

About this fund

About Union Gilt Fund

Union Gilt Fund is a Gilt mutual fund scheme from Union Mutual Fund. This fund has been in existence for 3 yrs 3 m, having been launched on 18/07/2022. Union Gilt Fund has ₹127 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Gilt Fund as of 20/10/2025 is ₹12.21. The fund has an expense ratio of 1.12%, which is higher than what most other Gilt funds charge.

Union Gilt Fund returns of last 1-year are 4.38%. Since launch, it has delivered 6.45% average annual returns.
Union Gilt Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
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	127 Cr as on Sep 30, 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	29 view all schemes
Total AUM	23,799 Cr as on Sep 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.	553 Cr	8.2%	7.6%
Union Liquid Fund	N.A.	5,008 Cr	6.69%	7.01%
Union Dynamic Bond Fund	N.A.	106 Cr	5.18%	6.89%
Union Money Market Fund	N.A.	215 Cr	6.64%	6.5%
Union Overnight Fund	N.A.	220 Cr	5.9%	6.33%

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 plan is approximately ₹12.215 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Union Gilt Fund is a 3 yrs 3 m old fund and has delivered average annual returns of 6.25% since inception.

Union Gilt Fund Returns

1-Year	3-Year	Since Inception
4.31%	6.8%	6.25%

How much does this mutual fund charge as expense ratio?

The Union Gilt Fund has an expense ratio of 1.12%, 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 Gilt Fund currently has assets under management (AUM) or fund size valued at approximately 127 Cr as on Sep 30, 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	96.52%

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	96.52%
Cash & Call Money	3.48%

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 can I redeem my investments in Union Gilt Fund?

Redeeming your investments in the Union Gilt 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 Gilt

#NA

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