PA
Parijat AgrawalFund Manager Since 26 Aug 2021
Money MarketMoney Market
Union Money Market Fund Direct Growth
3Y Annualised
7.23%
0.01% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
0.58%
0.01% 1D
Benchmark
HDFC NIFTY 500 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
9 years 11 months
NIFTY 50
4 years 4 months
FD
9 years 7 months
Fund info
Fund size
₹182.37 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹5000
Exit load
0%
Nil
Risk Profile
Low to Moderate Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Money Market Fund Direct Plan Bonus
2.25%
2nd
ICICI Prudential Money Market Fund Retail Growth
2.21%
3rd
UTI Money Market Fund - Regular Plan - Daily Reinvestment Inc Dist cum Cap Wdrl
1.86%
4th
Edelweiss Money Market Fund Institutional Reinvestment of Income Dis cum Cptl Wdrl Opt
1.51%
5th
UTI Money Market Fund - Direct Plan - Daily Reinvestment Inc Dist cum Cap Wdrl Option
0.83%
183rd
Union Money Market Fund Direct Growth
0.58%
Fund Managers
DT
Devesh ThackerFund Manager Since 26 Aug 2021
About Union Money Market Fund Direct Growth
Union Money Market Fund Direct Growth is a Money Market mutual fund scheme from Union Asset Management Co. Pvt. Ltd.. This fund has been in existence for 3 years, having been launched on 2021-08-26. Union Money Market Fund Direct Growth has ₹182.37 Cr worth of assets under management (AUM) as of Thu Jul 17 2025. The latest Net Asset Value (NAV) of Union Money Market Fund Direct Growth as of Wed Jul 16 2025 is ₹1272.4107. The fund has an expense ratio of 0.16%, which is medium comparable to most other Money Market funds.
Union Money Market Fund Direct Growth returns for the last 1 year are 7.90%. Since launch, it has delivered 6.39% average annual returns.
The Union Money Market Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Union Money Market Fund Direct Growth.
- Kotak Mahindra Bank Ltd.: 7.89%
- 364 Days Tbill 2025: 5.43%
- 364 DTB 04122025: 5.36%
- Corporate Debt Mkt Devp. Fund-A2: 0.29%
AMC Information
| Name | Union Asset Management Co. Pvt. Ltd. |
|---|---|
| Founding Date | 2021-08-26 |
| investorcare@unionmf.com | |
| Phone | +91 022 67483333 |
| Website | www.unionmf.com/ |
| Address | Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West) |
Tax Implications of Union Money Market Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Union Asset Management Co. Pvt. Ltd.
Union Small Cap Fund Direct Growth
EquitySmall-Cap
3Y CAGR
23.17%
expense ratio
0.96%
fund size
₹1671.86 Cr
Union Dynamic Bond Fund Direct Growth Option
Fixed IncomeDynamic Bond
3Y CAGR
7.45%
expense ratio
1.26%
fund size
₹107.75 Cr
Union Small Cap Fund Regular Growth
EquitySmall-Cap
3Y CAGR
21.76%
expense ratio
2.12%
fund size
₹1671.86 Cr
Union Flexi Cap Fund Growth
EquityFlexi Cap
3Y CAGR
19.18%
expense ratio
2.02%
fund size
₹2401.11 Cr
Union Flexi Cap Fund Direct Growth Option
EquityFlexi Cap
3Y CAGR
20.56%
expense ratio
0.91%
fund size
₹2401.11 Cr
FAQs
What is the current NAV of Union Money Market Fund Direct Growth?
What are the average returns of Union Money Market Fund Direct Growth?
How do I invest in Union Money Market Fund Direct Growth?
What is the expense ratio of Union Money Market Fund Direct Growth?
What are net assets under management (AUM) of Union Money Market Fund Direct Growth?
What is the PE and PB ratio of Union Money Market Fund Direct Growth?
What are the top 5 holdings of Union Money Market Fund Direct Growth?
What are the top 3 sectors that Union Money Market Fund Direct Growth has invested in?
Who is the manager of Union Money Market Fund Direct Growth?
What is the exit load of Union Money Market Fund Direct Growth?
How to Redeem Union Money Market Fund Direct Growth?
Can I invest in SIP and a Lump Sum of Union Money Market Fund Direct Growth?
