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Union Short Duration Fund - Direct Plan - Growth 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
TopFund Score: 78/100 · Good
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.35%
- AUM (15%)₹101 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Union Mutual Fund · Income/Debt Oriented · Ultra Short Term Fund
₹11.07
AUM: ₹100 Cr
NAV updated 15 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.35%
Exit Load
Nil
Fund Manager
Anindya Sarkar
Inception
Jan 2025
Benchmark
CRISIL Short Duration Debt A-II Index
Sharpe Ratio
-1.01
Std Dev (1Y)
1.23%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.04%
3m
+1.32%
6m
+2.55%
1y
+5.13%
3y
—
5y
—
10y
—
since inception
+6.48%
TopFund's Take on Union Short Duration Fund - Direct Plan - Growth Option
Union Short Duration Fund - Direct Plan - Growth Option holds up reasonably well within the Ultra Short Term Fund 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 78/100.
Cost: At 0.35%, the expense ratio is roughly in line with the Ultra Short Term Fund category average of 0.33% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.01 — 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 1.23% is on the lower side for a Ultra Short Term Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented 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
Asset Allocation
Fund Snapshot
Tools & Guides for This Fund
Frequently Asked Questions about Union Short Duration Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Union Short Duration Fund - Direct Plan - Growth Option is ₹11.07. NAV is updated every business day after market close by AMFI.
1Y: 5.13%
The expense ratio of Union Short Duration Fund - Direct Plan - Growth Option is 0.35% per annum. This is the annual fee charged by the fund to manage your investment.
Union Short Duration Fund - Direct Plan - Growth Option is managed by Anindya Sarkar at Union Mutual Fund.
Union Short Duration Fund - Direct Plan - Growth Option is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Union Short Duration Fund - Direct Plan - Growth Option is a Ultra Short Term Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Union Short Duration Fund - Direct Plan - Growth 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 Short Duration Fund - Direct Plan - Growth Option is ₹101 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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