Union Dynamic Term Fund
Union Mutual Fund · Dynamic Bond · Direct plan, growth option
NAV (₹), 1 Oct 2026
24.7422
1-day change
-0.06%
1Y return
0.5%
3Y CAGR
5.0%
5Y CAGR
4.1%
Max drawdown, 5Y
−4.9%
NAV history month-end NAV, ₹ · 2 Jan 2013 to 1 Oct 2026
Returns vs Dynamic Bond median (22 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -0.6% | -0.3% |
| 3 months | -1.5% | -0.1% |
| 6 months | 3.4% | 3.1% |
| Year to date | 0.3% | 2.8% |
| 1 year | 0.5% | 3.9% |
| 3 years (CAGR) | 5.0% | 6.8% |
| 5 years (CAGR) | 4.1% | 6.1% |
| 7 years (CAGR) | 5.0% | 6.4% |
| 10 years (CAGR) | 5.3% | 6.8% |
| Since first NAV (CAGR) | 6.2% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 6.5% | 7.8% |
| 3Y rolling median | 6.3% | 7.5% |
| 3Y rolling worst | 2.6% | 4.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 6.3% | 7.0% |
| 5Y rolling worst | 4.0% | 5.5% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 4.3% | 2.6% |
| Sharpe ratio | -0.33 | 0.13 |
| Sortino ratio | -0.42 | 0.19 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −6.8% | −4.3% |
| Maximum drawdown, last 10Y | −4.9% | −3.8% |
| Maximum drawdown, last 5Y | −4.9% | −2.3% |
| Current drawdown | −2.2% | −1.0% |
| Recovery time of worst fall | 277 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
- 1Y +2.2% · 3Y +6.3% p.a. · 5Y +5.2% p.a. (index fund NAV, after costs)
- −2.2% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.54% a year and the Direct plan's 1.31%, a gap of 0.23%; over the last 3 years the Direct plan returned 0.29 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹5,31,591.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER increased from 1.25% to 1.31% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Parijat Agrawal | comanage | 13 Feb 2012 |
| Devesh Thacker | comanage | 28 Jun 2018 |
Objective: To actively manage a portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and liquidity to the investors. However, there can be no assurance that the investment objective of the scheme will be achieved.
Stated asset allocation: Debt* Instruments including Government Securities and Corporate Debt: 0%- 100% of net assets; Money Market Instruments: 0% - 100% of net assets. *Investments in securitized debt including Pass Through Certificates (PTCs) not to exceed 25% of the net assets of the Scheme as at the time of purchase. (Circular Reference - Paragraph 13.1.2 of the SEBI Master Circular for Mutual Funds dated March 20, 2026.) Please refer the Scheme Information Document for complete details.
Benchmark (tier 1): CRISIL Dynamic Bond A-III Index. CRISIL Benchmark Disclaimer: CRISIL Indices are the sole property of CRISIL Limited (CRISIL). CRISIL Indices shall not be copied, transmitted or distributed in any manner for any commercial use. CRISIL has taken due care and caution in computation of the Indices, based on the data obtained from sources, which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of the Indices and is not responsible for any errors or for the results obtained from the use of the Indices. CRISIL especially states that it has no financial liability whatsoever to the users of CRISIL Indices.
Minimum application: ₹1,000
Allotment date: 13 Feb 2012
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.31% | 0.52% |
| AUM, whole scheme (₹ crore) | 62 | 258 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 1.0% | 2.9% TRI |
| Return, 3 years (AMFI) | 5.0% | 6.2% TRI |
| Return, 5 years (AMFI) | 4.1% | 5.3% TRI |
| Month-ends above category median (3Y CAGR) | 0% | 42% median |
| Month-ends in category top quartile (3Y) | 0% | 21% median |
| 7Y rolling CAGR, median (monthly windows) | 6.3% | 7.3% median |
Official benchmark: CRISIL Dynamic Bond A-III Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Dynamic Bond Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 0.3% | n/a | – |
| 2025 | 4.3% | n/a | – |
| 2024 | 8.8% | n/a | – |
| 2023 | 6.7% | n/a | – |
| 2022 | 0.5% | n/a | – |
| 2021 | 2.2% | n/a | – |
| 2020 | 11.1% | n/a | – |
| 2019 | 10.4% | n/a | – |
| 2018 | 4.4% | n/a | – |
| 2017 | 1.9% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,20,837 | 1.3% |
| 3 years | ₹3,60,000 | ₹3,77,859 | 3.2% |
| 5 years | ₹6,00,000 | ₹6,69,063 | 4.3% |
| 10 years | ₹12,00,000 | ₹15,47,521 | 5.0% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Union Mutual Fund
Category: Dynamic Bond
Plan / option: Direct · Growth
AMFI scheme code: 119311
ISIN: INF582M01799
First NAV in MFIC data: 2 Jan 2013
History: 13.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Union Gilt Fund | Gilt | 0.99 | 4.9% |
| HDFC Gilt Fund | Gilt | 0.98 | 6.2% |
| HSBC Gilt Fund | Gilt | 0.98 | 5.9% |
| Aditya Birla Sun Life Gilt Fund | Gilt | 0.98 | 5.5% |
| Nippon India Gilt Fund | Gilt | 0.97 | 6.3% |
| PGIM India Gilt Fund | Gilt | 0.97 | 6.0% |
Questions about Union Dynamic Term Fund
- What is the latest NAV of Union Dynamic Term Fund?
- The NAV of the Direct plan (growth option) was ₹24.7422 on 1 Oct 2026, as published by AMFI.
- Which category is Union Dynamic Term Fund in?
- It is classified as Dynamic Bond in AMFI's daily NAV file. MFIC compares it with 22 Dynamic Bond schemes (Direct plans).
- What returns has Union Dynamic Term Fund delivered?
- Over one year the NAV changed by 0.5%. The 3-year CAGR is 5.0% (category median 6.8%) and the 5-year CAGR is 4.1% (category median 6.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 6.3%, the lowest was 2.6%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Union Dynamic Term Fund's NAV?
- The largest peak-to-trough fall in its available history was 6.8%; within the last five years it was 4.9% (category median 2.3%).
- How volatile is Union Dynamic Term Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 4.3%, which is above the Dynamic Bond category median of 2.6%.
- What would a monthly SIP in Union Dynamic Term Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,69,063 on 1 Oct 2026, an annualised return (XIRR) of 4.3%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Union Dynamic Term Fund?
- The total expense ratio of the Direct plan is 1.31% a year, as disclosed to AMFI (median of Dynamic Bond Direct plans: 0.52%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Union Dynamic Term Fund?
- Assets under management of the whole scheme were ₹62 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Union Dynamic Term Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Union Dynamic Term Fund and how has it compared?
- Its official benchmark is the CRISIL Dynamic Bond A-III Index. Over 3 years AMFI reports a return of 5.0% for this plan against 6.2% for the benchmark total return index; over 5 years 4.1% against 5.3%. Past performance does not indicate future results.
- How often has Union Dynamic Term Fund beaten its category?
- At 0% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Dynamic Bond schemes (Direct plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages Union Dynamic Term Fund?
- According to its Scheme Summary Document, Union Dynamic Term Fund is managed by Parijat Agrawal (since 13 Feb 2012), Devesh Thacker (since 28 Jun 2018).
- What is the minimum investment in Union Dynamic Term Fund?
- The minimum application amount is ₹1,000. SIP details: SIP - Rs. 100 for daily SIP, Rs. 500 for weekly SIP, Rs. 500 for fortnightly SIP, Rs. 500 for monthly SIP, STP - Rs. 100 for all frequenciesSWP - Rs. 500 for all frequencies.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 0.5% and the Regular plan's by 0.2%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.