Union Liquid Fund Direct-Growth

Q: What are the returns of Union Liquid Fund?

The Union Liquid Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 6.54% since inception. Union Liquid Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.32% 7.04% 5.59% 5.93% 6.54%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹2532.7256+0.02% 1 day change	6.54% p.a.	#NA View Ranked Funds	₹4,684 Crs

Historical NAV & returns

NAV: ₹2532.7256 as on Jun 05, 2025

This fund Category average

Union Liquid Fund overview

Expense ratio	0.07% as on May 31, 2025
Exit load	0.007% Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.!
AUM (Fund size)	₹4,684 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	CRISIL Liquid Debt A-I Index
Min. investment	This scheme is currently not buyable
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Union Liquid 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	0.55%	0.54%
3 Months	1.82%	1.8%
6 Months	3.6%	3.56%
1 Year	7.32%	7.24%
2 Years	7.35%	7.27%
3 Years	7.04%	6.95%
4 Years	6.16%	6.09%
5 Years	5.59%	5.53%
7 Years	5.36%	5.83%
10 Years	5.93%	6.28%

Asset allocationas on Apr 30, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 81.38%

SOV 17.83%

Cash & Call Money 0.59%

Others 0.2%

Top Debt Holdings

Reserve Bank of India 17.83%

Bank of India 5.29%

Axis Bank Ltd. 4.75%

Indian Bank 4.24%

Allocation by Instruments

Commercial Paper 46.57000000000001%

Certificate of Deposit 34.809999999999995%

Treasury Bills 17.83%

Reverse Repo 0.45%

Other Holdings

Others 0.45%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Union Liquid Fund	N.A.	₹4,684 Crs	12 yrs 5 m	0.07%
Mirae Asset Liquid Fund	N.A.	₹12,485 Crs	12 yrs 5 m	0.09%
Sundaram Liquid Fund	N.A.	₹5,946 Crs	12 yrs 5 m	0.13%
Navi Liquid Fund	N.A.	₹74 Crs	12 yrs 5 m	0.15%
JM Liquid Fund	N.A.	₹2,680 Crs	12 yrs 5 m	0.16%
Mahindra Manulife Liquid Fund	N.A.	₹1,314 Crs	8 yrs 11 m	0.14%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Liquid Fund	0.55%	3.6%	7.32%	7.04%	5.59%	5.93%
Mirae Asset Liquid Fund	0.55%	3.59%	7.31%	7.02%	5.59%	6.29%
Sundaram Liquid Fund	0.55%	3.63%	7.35%	7.03%	5.6%	6.24%
Navi Liquid Fund	0.51%	3.3%	6.85%	6.66%	5.39%	6.22%
JM Liquid Fund	0.54%	3.53%	7.2%	6.95%	5.53%	6.33%
Mahindra Manulife Liquid Fund	0.55%	3.59%	7.32%	7.05%	5.63%	5.51%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Liquid Fund	0.22	0.47	2.35	2.31
Mirae Asset Liquid Fund	0.23	0.48	2.19	2.33
Sundaram Liquid Fund	0.23	0.47	2.29	2.42
Navi Liquid Fund	0.18	0.34	0.91	1.02
JM Liquid Fund	0.21	0.44	2.11	2.06
Mahindra Manulife Liquid Fund	0.21	0.45	2.49	2.5

View all Liquid funds

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

Alpha	1.41 vs. 2.87 Underperformed at beating benchmark
Sharpe	2.35 vs. 2.98 Poor risk-adjusted returns
Beta	0.47 vs. 1.06 Less sensitive to market ups & downs
Standard deviation	0.22 vs. 0.21 More volatile performance

Compare Union Liquid Fund in detail with

About this fund

About Union Liquid Fund

Union Liquid Fund Direct-Growth is a Liquid mutual fund scheme from Union Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. Union Liquid Fund Direct-Growth has ₹4,684 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Liquid Fund Direct-Growth as of 05/06/2025 is ₹2532.73. The fund has an expense ratio of 0.07%, which is close to what most other Liquid funds charge.

Union Liquid Fund Direct-Growth returns of last 1-year are 7.34%. Since launch, it has delivered 6.55% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Union Liquid Fund Direct-Growth 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 above 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 Reserve Bank of India, Bank of India, Axis Bank Ltd., Indian Bank, Punjab National Bank.

...

Fund AUM	₹4,684 Crs as on Mar 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.

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.

Investment objective

The scheme seeks to provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities.

Union Mutual Fund details

No. of schemes	26 view all schemes
Total AUM	₹19,972 Crs as on Mar 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 (in Crs.)	1Y	3Y
Union Dynamic Bond Fund	N.A.	₹87 Crs	10.67%	8.06%
Union Corporate Bond Fund	N.A.	₹364 Crs	10.53%	7.83%
Union Gilt Fund	N.A.	₹134 Crs	10.55%	N.A.
Union Money Market Fund	N.A.	₹176 Crs	7.92%	7.13%
Union Overnight Fund	N.A.	₹228 Crs	6.47%	6.42%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Union Liquid Fund?

The current Net Asset Value (NAV) of the Union Liquid Fund - Direct Growth plan is approximately ₹2532.7256 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Union Liquid Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 6.54% since inception.

Union Liquid Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.32%	7.04%	5.59%	5.93%	6.54%

How much does this mutual fund charge as expense ratio?

The Union Liquid Fund - Direct Growth has an expense ratio of 0.07%, 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 Liquid Fund currently has assets under management (AUM) or fund size valued at approximately ₹4,684 Crs crore as of Mar 31, 2025.

To whom does Union Liquid Fund lend to?

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

Holding Name	Percentage of Portfolio
Reserve Bank of India	17.83%
Bank of India	5.29%
Axis Bank Ltd.	4.75%

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 Liquid Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	81.38%
SOV	17.83%
Cash & Call Money	0.59%

What is risk level of Union Liquid Fund?

This is a Liquid fund comes with Low to 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 Liquid 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 Liquid 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 Liquid Fund is complete.

How can I redeem my investments in Union Liquid Fund?

Redeeming your investments in Union Liquid 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 Liquid Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Liquid

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Liquid funds in the last 5 Years.
Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Liquid funds.
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 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.