Union Short Term 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 #40 of 42 in category.
Fund basics
| Category | Debt: Short Duration |
|---|---|
| NAV | ₹10.97 (as of 2026-10-26) |
| AUM | ₹111 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 98.5% of NIFTY Short Duration Debt 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) | 2.9% | Q3 | #29 of 39 |