Union Ultra Short to Short Term Fund
Union Mutual Fund · Ultra Short to Short Term · Regular plan, growth option
NAV (₹), 1 Oct 2026
10.6117
1-day change
-0.01%
1Y return
5.0%
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 18 Jul 2025 to 1 Oct 2026
Returns vs Ultra Short to Short Term median (29 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.3% | 0.4% |
| 3 months | 1.0% | 1.2% |
| 6 months | 2.8% | 3.1% |
| Year to date | 3.6% | 4.2% |
| 1 year | 5.0% | 5.6% |
| 3 years (CAGR) | n/a | 6.8% |
| 5 years (CAGR) | n/a | 6.1% |
| 7 years (CAGR) | n/a | 6.0% |
| 10 years (CAGR) | n/a | 6.3% |
| Since first NAV (CAGR) | 4.9% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 5.2% | 7.1% |
| 3Y rolling median | n/a | 7.2% |
| 3Y rolling worst | n/a | 4.5% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 7.4% |
| 5Y rolling worst | n/a | 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.) | n/a | 0.7% |
| Sharpe ratio | n/a | 0.14 |
| Sortino ratio | n/a | 0.21 |
| 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 | −0.3% | −1.5% |
| Maximum drawdown, last 10Y | n/a | −1.5% |
| Maximum drawdown, last 5Y | n/a | −0.4% |
| Current drawdown | −0.1% | 0.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.86% a year and the Direct plan's 0.26%, a gap of 0.60%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹15,50,986.
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 reduced from 0.98% to 0.86% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Anindya Sarkar | Co-manage | 1 Aug 2025 |
| Devesh Thacker | Co-manage | 16 Jul 2025 |
Objective: The Investment objective of the scheme is 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 such that the Macaulay Duration of the portfolio is between 6 months to 12 months.There is no assurance that the investment objective of the Scheme will be achieved
Stated asset allocation: Debt and Money Market Instruments including Government Securities* : 0%-100% of total assets *Debt instruments shall be deemed to include securitised debt and investment in securitised debts shall be upto 50% of the net assets of the Scheme. Please refer the Scheme Information Document for more details.
Benchmark (tier 1): Nifty Low Duration Debt Index A-I $ $ Nifty Benchmark Disclaimer: The Product(s) are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited ("IISL")). NSE INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the Nifty Low Duration Debt Index A-I to track general stock market performance in India. The relationship of NSE INDICES LIMITED to the Issuer is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NSE INDICES LIMITED without regard to the Issuer or the Product(s). NSE INDICES LIMITED does not have any obligation to take the needs of the Issuer or the owners of the Product(s) into consideration in determining, composing or calculating the Nifty Low Duration Debt Index A-I Index. NSE INDICES LIMITED is not responsible for or has participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. NSE INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Product(s). Please refer the Scheme Information Document for more details.
Minimum application: ₹1,000
Allotment date: 16 Jul 2025
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), Regular plan | 0.86% | 0.87% |
| AUM, whole scheme (₹ crore) | 228 | 2,290 |
| Riskometer | Low to 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) | 5.0% | 6.3% TRI |
Official benchmark: NIFTY Low Duration Debt Index A-I (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Ultra Short to Short Term Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.6% | 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 | ₹1,23,250 | 5.1% |
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: Ultra Short to Short Term
Plan / option: Regular · Growth
AMFI scheme code: 153652
ISIN: INF582M01LU8
First NAV in MFIC data: 18 Jul 2025
History: 1.2 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Questions about Union Ultra Short to Short Term Fund
- What is the latest NAV of Union Ultra Short to Short Term Fund?
- The NAV of the Regular plan (growth option) was ₹10.6117 on 1 Oct 2026, as published by AMFI.
- Which category is Union Ultra Short to Short Term Fund in?
- It is classified as Ultra Short to Short Term in AMFI's daily NAV file. MFIC compares it with 29 Ultra Short to Short Term schemes (Regular plans).
- What was the largest fall in Union Ultra Short to Short Term Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.3%.
- What is the expense ratio (TER) of Union Ultra Short to Short Term Fund?
- The total expense ratio of the Regular plan is 0.86% a year, as disclosed to AMFI (median of Ultra Short to Short Term Regular plans: 0.87%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Union Ultra Short to Short Term Fund?
- Assets under management of the whole scheme were ₹228 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Union Ultra Short to Short Term Fund?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Union Ultra Short to Short Term Fund?
- According to its Scheme Summary Document, Union Ultra Short to Short Term Fund is managed by Anindya Sarkar (since 1 Aug 2025), Devesh Thacker (since 16 Jul 2025).
- What is the minimum investment in Union Ultra Short to Short 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 frequencies SWP - 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 5.7% and the Regular plan's by 5.0%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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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 Regular 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.