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Union Mutual Fund

Union Gilt Fund - Direct Plan - Half-yearly IDCW Option

★★★★★ TopFund est.

TopFund Score (fallback rating)

  • Calculated by: TopFund — used only when no third-party rating exists for this fund
  • Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis

Full rating methodology →

TopFund Score: 49/100 · Weak

How this score is calculated

  • Star rating (35%)2/5
  • 3Y CAGR (30%)3.97%
  • Expense ratio (20%)0.32%
  • AUM (15%)₹172 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Union Mutual Fund · Commodities · Gold

₹17.25

+5.22 (+43.34%)

AUM: ₹171 Cr

NAV updated 11 days ago

Plan

Direct

Option

Idcw

Expense Ratio

0.32%

Exit Load

Exit load of 1%, if redeemed within 1 year.

Fund Manager

Vinod Malviya

Inception

Feb 2025

Benchmark

Domestic Price of Gold

Sharpe Ratio

-1.5

Std Dev (1Y)

5.82%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

+0.11%

3m

+0.82%

6m

-1.26%

1y

+34.9%

3y

+3.97%

5y

—

10y

—

since inception

+4.51%

TopFund's Take on Union Gilt Fund - Direct Plan - Half-yearly IDCW Option

Union Gilt Fund - Direct Plan - Half-yearly IDCW Option lags behind most of its peers in the Gold category, currently carrying a 2-star rating. Returns have been soft relative to what the category has offered — worth checking if this is a temporary phase or a longer pattern. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 49/100.

Cost: At 0.32%, the expense ratio runs 68% above the Gold category average of 0.19%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.5 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 5.82% is on the lower side for a Gold fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Commodities fund.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Unspecified 100.03%

Asset Allocation

Mutual Fund 99.25%
Repo 0.87%

Frequently Asked Questions about Union Gilt Fund - Direct Plan - Half-yearly IDCW Option

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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