Overview
Union Liquid Fund Direct Growth
Union Mutual 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.
Investments in Union Liquid Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 2512.7199
Fund Size (AUM)
₹3206.36 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
01-Jan-2013
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.
Benchmark
CRISIL Liquid Debt A-I Index
Standard Deviation
0.3
History
Performance & Ratios
1-Year SIP Return
7.27%
3-Year SIP Return
7.21%
5-Year SIP Return
6.34%
Mean Return
4.44%
Alpha
1.84
Beta
0.65
Sharpe Ratio
1.6
Sortino Ratio
1.57
Information Ratio
12.02
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.41% | 6.92% | 5.55% | 4.71% |
| Category Average | 7.1% | 6.67% | 5.32% | N/A |
| Rank Within Category | 9 | 6 | 6 | N/A |
Holdings (52)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.23% |
| Reserve Bank of India | Financial | T-Bills | 4.62% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 4.62% |
| Bank Of Baroda | Financial | CD | 3.1% |
| Reserve Bank of India | Financial | T-Bills | 3.1% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.09% |
| HDFC Bank Ltd. | Financial | CD | 3.09% |
| PNB Housing Finance Ltd. | Financial | CP | 3.09% |
| Punjab National Bank | Financial | CD | 3.09% |
| ICICI Home Finance Company Ltd. | Financial | CP | 3.07% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct Growth | 41051.49 | 7.44 | 6.94 | 0.21 | N/A |
| Mahindra Manulife Liquid Fund Direct Growth | 1025.78 | 7.4 | 6.93 | 0.14 | N/A |
| Union Liquid Fund Direct Growth | 3206.36 | 7.41 | 6.92 | 0.07 | N/A |
| Edelweiss Liquid Direct Growth | 5243.37 | 7.43 | 6.92 | 0.09 | N/A |
| Bajaj Finserv Liquid Fund Direct Growth | 4200.75 | 7.4 | N/A | 0.11 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
AMC Details
Asset Management Company
Union Mutual Fund
Union KBC Mutual Fund started their mutual fund on 23/03/2011 and its managing total assets of ₹3,811 Cr. Its ranked at 30 as per total assets at end of 30th Sep 2017. Union Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Union Mutual Fund is sponsored by Union Bank of India and is therefore a trusted brand for investors.
Union Mutual Fund visions to obtain prosperity by responsibly investing in the capital market. Their aim is to provide the right client, the right product at the right time. The asset management company aims at understanding the investor's needs better and customizes products in a way that will be beneficial to them.
It believes in creating an investment platform which is sustainable for the long-term and helps investors to create wealth systematically. The fund house provides various mutual funds across different market capitalization and categories, in order to apppeal to investors with various needs. Union Mutual Fund targets to give its investors a brilliant investing experience and choose mutual fund as an instrument for the long haul.
Launch Date
2009-12-30T00:00:00.944Z
Total AUM
₹ 18837.14 Cr
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
(022) 6748 3300
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Union Liquid Fund Direct Growth
Union Mutual Fund
You May Be Interested In
Mahindra Manulife Liquid Fund Direct Growth
Liquid
ICICI Prudential Banking & PSU Debt Direct Growth
Banking and PSU
Axis Overnight Fund Direct Growth
Overnight
Aditya Birla Sun Life Short Term Direct Fund Direct Growth
Short Duration
ICICI Prudential Gilt Fund Direct Plan Growth
Gilt
Tata Money Market Fund Direct Growth
Money Market
Quant Overnight Fund Direct Growth
Overnight
ICICI Prudential Debt Management Fund (FOF) Direct Plan Growth
Medium to Long Duration
Aditya Birla Sun Life Low Duration Fund Direct Growth
Low Duration
Quant Gilt Fund Direct Growth
Gilt
Explore More Mutual Funds
Mid Cap Equity Funds
Find top mid cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Small Cap Equity Funds
Find top small cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Multi Cap Equity Funds
Find top multi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Flexi Cap Equity Funds
Find top flexi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Low Duration Debt Funds
Find top low duration debt funds. Filter by AMC, NAV, and fund size to choose the best funds.
Corporate Bond Debt Funds
Find top corporate bond debt funds. Filter by AMC, NAV, and fund size to choose the best funds.
Aggressive Hybrid Funds
Find top aggressive hybrid funds. Filter by AMC, NAV, and fund size to choose the best funds.
Conservative Hybrid Funds
Find top conservative hybrid funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Union Liquid Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Union Liquid Fund Direct Growth?
The top stocks held by Union Liquid Fund Direct Growth include Reserve Bank of India, Reserve Bank of India, Small Industries Devp. Bank of India Ltd..
Which industries does Union Liquid Fund Direct Growth invest in?
Union Liquid Fund Direct Growth primarily invests in the following industries: Financial, Services, Others.
Who are the fund managers of Union Liquid Fund Direct Growth?
The fund managers of Union Liquid Fund Direct Growth are Parijat Agrawal and Devesh Thacker.
How many years has the fund manager been managing Union Liquid Fund Direct Growth?
Parijat Agrawal:
Calculating...
Devesh Thacker:
Calculating...
What is the minimum investment for Union Liquid Fund Direct Growth?
The minimum investment for Union Liquid Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Union Liquid Fund Direct Growth?
Calculating...
What are the average 3-year returns for Union Liquid Fund Direct Growth?
Calculating...
What is the expense ratio of Union Liquid Fund Direct Growth, and how does it compare to its category?
The expense ratio of Union Liquid Fund Direct Growth is 0.07%. The average expense ratio for similar funds in the Debt is Calculating....