Union Short Duration Fund
The scheme seeks to an actively managed scheme with an investment objective to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns.
Growthvine rating: 1/5 — ranked #42 of 45 in category.
Fund basics
| Category | Debt: Short Duration |
|---|---|
| NAV | ₹10.98 (as of 2026-08-21) |
| AUM | ₹101 Cr |
| Expense ratio | 0.66% |
| Riskometer | Moderate |
| Fund manager | Shrenuj Parekh |
| Exit load | 0 |
Performance & risk
| Standard deviation | 0.00% |
|---|---|
| Max drawdown | -0.53% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 100.5% of NIFTY Short Duration Debt Index's upside and 143.2% 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) | 3.0% | Q4 (Bottom) | #32 of 41 |