Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Union Liquid Fund - Direct Plan - Fortnightly IDCW Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 74/100 · Good
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)6.98%
- Expense ratio (20%)0.07%
- AUM (15%)₹7,578 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Union Mutual Fund · Debt · Liquid
₹2,741.75
AUM: ₹7,577 Cr
NAV updated 12 days ago
Plan
Direct
Option
Idcw
Risk
Low
Expense Ratio
0.07%
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.
Fund Manager
Devesh Thacker, Deep Mehta
Inception
Jan 2013
Benchmark
CRISIL Liquid Debt A-I Index
Sharpe Ratio
-5.78
Std Dev (1Y)
1.12%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.53%
3m
+1.64%
6m
+3.46%
1y
+6.52%
3y
+6.98%
5y
+6.38%
10y
+5.74%
since inception
+0.0%
TopFund's Take on Union Liquid Fund - Direct Plan - Fortnightly IDCW Option
Union Liquid Fund - Direct Plan - Fortnightly IDCW Option holds up reasonably well within the Liquid category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 74/100.
Cost: At 0.07%, the expense ratio is meaningfully cheaper — about 50% below the Liquid category average of 0.14% (based on 396 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -5.78 — 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 1.12% is on the lower side for a Liquid fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
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
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Union Liquid Fund - Direct Plan - Fortnightly IDCW Option
The current NAV (Net Asset Value) of Union Liquid Fund - Direct Plan - Fortnightly IDCW Option is ₹2741.75. NAV is updated every business day after market close by AMFI.
1Y: 6.52% · 3Y CAGR: 6.98% · 5Y CAGR: 6.38%
The expense ratio of Union Liquid Fund - Direct Plan - Fortnightly IDCW Option is 0.07% per annum. This is the annual fee charged by the fund to manage your investment.
Union Liquid Fund - Direct Plan - Fortnightly IDCW Option is managed by Devesh Thacker, Deep Mehta at Union Mutual Fund.
Union Liquid Fund - Direct Plan - Fortnightly IDCW Option is classified as a Low risk fund. It is suitable for investors with a moderate risk appetite.
Union Liquid Fund - Direct Plan - Fortnightly IDCW Option is a Liquid fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Union Liquid Fund - Direct Plan - Fortnightly IDCW Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Union Liquid Fund - Direct Plan - Fortnightly IDCW Option is ₹7,578 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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