Union Money Market Fund

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

The Union Money Market Fund is a 4 yrs 2 m old fund and has delivered average annual returns of 5.58% since inception. Union Money Market Fund Returns 1-Year 3-Year Since Inception 6.59% 6.49% 5.58%

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

The Union Money Market Fund has an expense ratio of 0.89% , 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)
₹1253.7858+0.04% 1 day change	5.58% p.a.	App exclusive #NA View Ranked Funds	₹215 Cr

Historical NAV & returns

NAV: ₹1253.7858 as on Oct 20, 2025

This fund Category average

Union Money Market Fund overview

AUM (Fund size)	₹215 Cr
Exit load	0%
Lock-in Period	Nil
Age	4 yrs 2 m since Aug 24, 2021
Benchmark	CRISIL Money Market A-I Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	0.89% as on Sep 30, 2025
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Union Money Market 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	0.4%	0.46%
3 Months	1.18%	1.32%
6 Months	2.82%	3.17%
1 Year	6.59%	7.31%
2 Years	6.62%	7.36%
3 Years	6.49%	7.24%
4 Years	5.72%	6.42%

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

A1+ 88.76%

SOV 11.37%

Others 0.25%

Cash & Call Money -0.38%

Top Debt Holdings

Reserve Bank of India 11.37%

Indian Bank 9.2%

National Bank For Agriculture & Rural Development 9.19%

HDFC Bank Ltd. 9.12%

Allocation by Instruments

Certificate of Deposit 50.17%

Commercial Paper 38.589999999999996%

Treasury Bills 11.370000000000001%

Alternative Investment Fund 0.25%

Other Holdings

Others 0.25%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Money Market Fund	0.4%	2.82%	6.59%	6.49%	N.A.	N.A.
UTI Money Market Fund	0.47%	3.28%	7.6%	7.59%	6.15%	6.76%
Sundaram Money Market Fund	0.47%	3.24%	7.47%	7.3%	5.86%	4.35%
Nippon India Money Market Fund	0.47%	3.28%	7.55%	7.56%	6.16%	6.76%
Tata Money Market Fund	0.47%	3.25%	7.54%	7.55%	6.14%	5.98%
Aditya Birla Sun Life Money Manager Fund	0.47%	3.27%	7.53%	7.58%	6.15%	6.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Money Market Fund	0.28	0.71	0.04	0.09
UTI Money Market Fund	0.32	0.8	3.21	6.79
Sundaram Money Market Fund	0.33	0.85	2.36	4.87
Nippon India Money Market Fund	0.33	0.82	3.04	6.25
Tata Money Market Fund	0.33	0.83	3.02	6.02
Aditya Birla Sun Life Money Manager Fund	0.31	0.78	3.29	6.39

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Money Market Fund	N.A.	215 Cr	4 yrs 2 m	0.89%
UTI Money Market Fund	N.A.	18,862 Cr	16 yrs 3 m	0.22%
Sundaram Money Market Fund	N.A.	1,761 Cr	7 yrs 1 m	0.29%
Nippon India Money Market Fund	N.A.	23,246 Cr	20 yrs 4 m	0.38%
Tata Money Market Fund	N.A.	38,808 Cr	22 yrs 5 m	0.4%
Aditya Birla Sun Life Money Manager Fund	N.A.	26,757 Cr	20 yrs	0.36%

View all Money Market funds

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

Alpha	1.29 vs. 3.39 Underperformed at beating benchmark
Sharpe	0.04 vs. 3.65 Poor risk-adjusted returns
Beta	0.71 vs. 2.49 Less sensitive to market ups & downs
Standard deviation	0.28 vs. 0.3 More stable returns

Compare Union Money Market Fund in detail with

About this fund

About Union Money Market Fund

Union Money Market Fund is a Money Market mutual fund scheme from Union Mutual Fund. This fund has been in existence for 4 yrs 2 m, having been launched on 24/08/2021. Union Money Market Fund has ₹215 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 Money Market Fund as of 20/10/2025 is ₹1253.79. The fund has an expense ratio of 0.89%, which is higher than what most other Money Market funds charge.

Union Money Market Fund returns of last 1-year are 6.68%. Since launch, it has delivered 5.60% average annual returns.
Union Money Market 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 Reserve Bank of India, Indian Bank, National Bank For Agriculture & Rural Development, HDFC Bank Ltd., Bank Of Baroda.

...

Fund AUM	215 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.

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 generate regular income through investment in a portfolio comprising of money market instruments.

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	8.21%	7.56%
Union Liquid Fund	N.A.	5,008 Cr	6.67%	7.0%
Union Dynamic Bond Fund	N.A.	106 Cr	5.3%	6.84%
Union Gilt Fund	N.A.	127 Cr	4.44%	6.75%
Union Overnight Fund	N.A.	220 Cr	5.88%	6.33%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Union Money Market Fund?

The current Net Asset Value (NAV) of the Union Money Market Fund plan is approximately ₹1253.7858 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Union Money Market Fund is a 4 yrs 2 m old fund and has delivered average annual returns of 5.58% since inception.

Union Money Market Fund Returns

1-Year	3-Year	Since Inception
6.59%	6.49%	5.58%

How much does this mutual fund charge as expense ratio?

The Union Money Market Fund has an expense ratio of 0.89%, 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 Money Market Fund currently has assets under management (AUM) or fund size valued at approximately 215 Cr as on Sep 30, 2025.

To whom does Union Money Market Fund lend to?

The top 3 debt holdings of Union Money Market Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	11.37%
Indian Bank	9.2%
National Bank For Agriculture & Rural Development	9.19%

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 Money Market Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	88.76%
SOV	11.37%
Others	0.25%

What is risk level of Union Money Market Fund?

This is a Money Market 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 can I redeem my investments in Union Money Market Fund?

Redeeming your investments in the Union Money Market 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.