Union Short Duration Fund Direct-Growth

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹10.5026+0.03% 1 day change	4.93%	App exclusive #NA View Ranked Funds	₹681 Cr

Historical NAV & returns

NAV: ₹10.5026 as on Sep 03, 2025

This fund Category average

Union Short Duration Fund overview

Expense ratio	0.33% as on Aug 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
AUM (Fund size)	₹681 Cr
Lock-in Period	Nil
Age	7 m since Jan 15, 2025
Benchmark	CRISIL Short Duration Debt A-II Index
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 Short Duration 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 Sep 01, 2025

Period	This fund	Category average
1 Month	-0.11%	-0.09%
3 Months	0.84%	0.83%
6 Months	4.57%	4.59%

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

AAA 78.93%

Cash & Call Money 7.14%

A1+ 6.98%

SOV 6.95%

Top Debt Holdings

Jamnagar Utilities and Power Pvt. Ltd. 7.55%

LIC Housing Finance Ltd. 7.48%

GOI 6.95%

Larsen & Toubro Ltd. 3.88%

Allocation by Instruments

Debenture 46.63000000000001%

Bonds 23.249999999999996%

Non Convertible Debenture 9.049999999999999%

Certificate of Deposit 6.98%

Other Holdings

Others 4.73%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Short Duration Fund	N.A.	681 Cr	7 m	0.33%
ICICI Prudential Short Term Fund	N.A.	21,284 Cr	12 yrs 8 m	0.45%
UTI Short Duration Fund	N.A.	2,822 Cr	12 yrs 8 m	0.36%
Sundaram Short Duration Fund	N.A.	214 Cr	12 yrs 8 m	0.3%
Baroda BNP Paribas Short Duration Fund	N.A.	199 Cr	12 yrs 8 m	0.44%
Aditya Birla Sun Life Short Term Fund	N.A.	8,343 Cr	12 yrs 8 m	0.36%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Short Duration Fund	-0.11%	4.57%	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Short Term Fund	0.05%	4.83%	8.75%	8.3%	7.11%	8.29%
UTI Short Duration Fund	-0.03%	4.51%	8.3%	7.88%	7.51%	6.88%
Sundaram Short Duration Fund	-0.07%	4.46%	8.62%	7.86%	7.71%	7.01%
Baroda BNP Paribas Short Duration Fund	-0.11%	4.72%	8.7%	8.0%	6.46%	7.73%
Aditya Birla Sun Life Short Term Fund	-0.08%	4.68%	8.72%	8.01%	6.99%	8.09%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Short Duration Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Short Term Fund	0.79	1.76	2.16	3.8
UTI Short Duration Fund	0.92	2.31	1.4	2.6
Sundaram Short Duration Fund	1.04	2.53	1.21	2.2
Baroda BNP Paribas Short Duration Fund	1.07	2.72	1.33	2.55
Aditya Birla Sun Life Short Term Fund	1.0	2.43	1.42	2.36

View all Short Duration 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 Short Duration Fund in detail with

About this fund

About Union Short Duration Fund

Union Short Duration Fund Direct-Growth is a Short Duration mutual fund scheme from Union Mutual Fund. This fund has been in existence for 7 m, having been launched on 15/01/2025. Union Short Duration Fund Direct-Growth has ₹681 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 Short Duration Fund Direct-Growth as of 03/09/2025 is ₹10.50. The fund has an expense ratio of 0.33%, which is close to what most other Short Duration funds charge.

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 similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Jamnagar Utilities and Power Pvt. Ltd., LIC Housing Finance Ltd., GOI, Larsen & Toubro Ltd., HDFC Bank Ltd..

...

Fund AUM	681 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

Shrenuj Parekh

Mr. Parekh has done B.Com and CA Prior to joining Union Mutual Fund, Crisil Ltd, Axis Bank and Deloitte

Investment objective

The scheme seeks to an actively managed scheme with an investment objective to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns.

Union Mutual Fund details

No. of schemes	28 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	8.45%	7.44%
Union Money Market Fund	N.A.	179 Cr	7.66%	7.23%
Union Liquid Fund	N.A.	4,208 Cr	7.0%	7.1%
Union Gilt Fund	N.A.	100 Cr	3.58%	6.49%
Union Overnight Fund	N.A.	474 Cr	6.17%	6.46%
Union Dynamic Bond Fund	N.A.	109 Cr	4.6%	6.45%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Union Short Duration Fund?

The current Net Asset Value (NAV) of the Union Short Duration Fund - Direct Growth plan is approximately ₹10.5026 as of Sep 03, 2025.

How much does this mutual fund charge as expense ratio?

The Union Short Duration Fund - Direct Growth has an expense ratio of 0.33%, 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 Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 681 Cr as on May 31, 2025.

To whom does Union Short Duration Fund lend to?

The top 3 debt holdings of Union Short Duration Fund are as follows

Holding Name	Percentage of Portfolio
Jamnagar Utilities and Power Pvt. Ltd.	7.55%
LIC Housing Finance Ltd.	7.48%
GOI	6.95%

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 Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	78.93%
Cash & Call Money	7.14%
A1+	6.98%

What is risk level of Union Short Duration Fund?

This is a Short Duration 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 Short Duration 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 Short Duration 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 Short Duration Fund is complete.

How can I redeem my investments in Union Short Duration Fund?

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