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Union Liquid Fund - Direct Plan - Fortnightly IDCW Option
★★★★★ monitor_heart Health Score: 74/100 · GoodUnion Mutual Fund · Debt · Liquid
₹1,003.57
AUM: ₹6,649 Cr
NAV updated 6 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
-5.76
Std Dev (1Y)
1.11%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.54%
3m
+1.59%
6m
+3.36%
1y
+6.39%
3y
+7.0%
5y
+6.27%
10y
+5.75%
since inception
+0.01%
rate_review 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 53% below the Liquid category average of 0.15% (based on 347 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 -5.76 — 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 1.11% is on the lower side, 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates 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 ₹1003.57. NAV is updated every business day after market close by AMFI.
1Y: 6.39% · 3Y CAGR: 7.0% · 5Y CAGR: 6.27%
The expense ratio is 0.07% per annum — the annual fee deducted from your investment to cover fund management costs.
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 a Low risk fund. 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.
The Assets Under Management (AUM) of Union Liquid Fund - Direct Plan - Fortnightly IDCW Option is ₹6,650 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.