Union Liquid Fund
The scheme seeks to provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities.
Growthvine rating: 3/5 — ranked #17 of 42 in category.
Fund basics
| Category | Debt: Liquid |
|---|---|
| NAV | ₹2712.99 (as of 2026-10-03) |
| AUM | ₹7,564 Cr |
| Expense ratio | 0.15% |
| Riskometer | Low to Moderate |
| Fund manager | Devesh Thacker |
| 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. |
Performance & risk
| 5-year annualised return | 6.30% |
|---|---|
| Sharpe ratio | 4.95 |
| Standard deviation | 0.20% |
| Max drawdown | −3.30% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 97.9% of NIFTY Liquid Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.9% | Q2 | #16 of 41 |
| 2025 | 6.5% | Q1 (Top) | #10 of 37 |
| 2024 | 7.4% | Q2 | #10 of 36 |
| 2023 | 7.1% | Q1 (Top) | #2 of 35 |
| 2022 | 4.8% | Q2 | #13 of 34 |