GMP IPO Watch
Union Money Market Fund
Direct Plan · Monthly IDCW Option · Union Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.16% | +0.10% | 10 of 28 |
| 1M | +0.09% | +0.27% | 20 of 28 |
| 3M | +0.01% | +1.03% | 20 of 28 |
| 6M | +0.21% | +2.34% | 19 of 28 |
| YTD | +0.20% | +3.78% | 16 of 28 |
| 1Y | +0.16% | +4.39% | 16 of 26 |
| 2Y | +0.47% | +4.79% | 16 of 24 |
| 3Y | +0.31% | +5.03% | 16 of 24 |
| 5Y | +0.22% | +4.25% | 12 of 20 |
| INCEPTION | +0.22% | — | — |
Ranked among: Debt Scheme - Money Market Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.06% | +1.09% | -0.87% | 63% | 25% |
| 6M | +0.12% | +1.37% | -0.72% | 73% | 29% |
| 1Y | +0.25% | +1.04% | -0.57% | 90% | 36% |
| 2Y | +0.25% | +0.82% | -0.22% | 98% | 39% |
| 3Y | +0.24% | +0.55% | -0.06% | 99% | 40% |
| 5Y | +0.23% | +0.26% | +0.20% | 100% | 40% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt107.26%
- Cash-7.26%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| LIC Housing Finance Ltd.** | Money Market | 6.49% | +1.60% |
| Indian Bank | Money Market | 4.41% | +1.09% |
| MRHFL-12-2-27-CP | Money Market | 4.35% | +1.08% |
| Axis Bank Ltd.** | Money Market | 4.35% | +1.08% |
| Axis Bank Ltd.** | Money Market | 4.34% | +1.08% |
| Mahindra & Mahindra Financial Services Ltd.** | Money Market | 4.33% | +1.08% |
| The Federal Bank Ltd.** | Money Market | 4.33% | +1.07% |
| Punjab National Bank** | Money Market | 4.33% | +1.07% |
| HDFC Bank Ltd.** | Money Market | 4.33% | +1.07% |
| Canara Bank** | Money Market | 4.33% | +2.70% |
| ICICI Securities Ltd.** | Debt | 4.31% | +1.07% |
| Muthoot Fincorp Ltd.** | Money Market | 4.29% | — |
| 364TB40327 | Money Market | 3.92% | +0.97% |
| UCO Bank** | Money Market | 2.21% | +0.55% |
| Bank of Baroda** | Money Market | 2.21% | +0.55% |
View all 43 holdings
| 364T171226 | Money Market | 2.21% | +0.55% |
| Muthoot Finance Ltd.** | Money Market | 2.20% | +0.54% |
| HDFC Bank Ltd.** | Money Market | 2.20% | +0.54% |
| Bank of Baroda** | Money Market | 2.20% | — |
| Punjab National Bank** | Money Market | 2.20% | +0.54% |
| ICICI Bank Ltd.** | Money Market | 2.18% | +0.54% |
| Aditya Birla Capital Ltd.** | Money Market | 2.17% | +0.54% |
| Small Industries Development Bank of India** | Money Market | 2.17% | +0.54% |
| Punjab National Bank** | Money Market | 2.17% | +0.54% |
| National Bank for Agriculture and Rural Development** | Money Market | 2.17% | +0.54% |
| Cholamandalam Investment & Finance Co. Ltd.** | Money Market | 2.16% | +0.54% |
| BFL-19-3-27-CP | Money Market | 2.16% | +0.54% |
| Muthoot Finance Ltd.** | Money Market | 2.16% | +0.54% |
| AU Small Finance Bank Ltd.** | Money Market | 2.16% | +0.53% |
| ICICI Bank Ltd.** | Money Market | 2.16% | +0.53% |
| Small Industries Development Bank of India** | Money Market | 2.16% | +0.54% |
| Infina Finance Pvt. Ltd.** | Money Market | 2.15% | +0.53% |
| Bank of Baroda | Money Market | 1.47% | -2.90% |
| 364TB31126 | Money Market | 1.33% | -0.33% |
| 364TB19327 | Money Market | 1.15% | +0.29% |
| State Government of Gujarat 7.05% 2026 | Debt | 0.89% | +0.21% |
| 364TB11327 | Money Market | 0.87% | +0.21% |
| State Government of West Bengal 7.92% 2027 | Debt | 0.45% | +0.11% |
| State Government of Bihar 7.10% 2026 | Debt | 0.45% | +0.11% |
| State Government of Karnataka 7.08% 2026 | Debt | 0.45% | +0.11% |
| State Government of Tamil Nadu 7.07% 2026 | Debt | 0.45% | +0.11% |
| Corporate Debt Mkt Devp. Fund-A2 | Alternative Investment Fund | 0.24% | +0.06% |
| Net Receivable / Payable | Net Current Assets | -7.26% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.94 | 0.76 | High Volatility |
| 3Y | 1.99 | 0.68 | High Volatility |
| 5Y | 1.86 | 0.66 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -24.71 | -7.24 | Below Average |
| 3Y | -12.96 | -3.16 | Below Average |
| 5Y | -15.97 | -7.03 | Below Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.10 | 22.97 | Below Average |
| 3Y | 0.18 | 42.69 | Below Average |
| 5Y | 0.14 | 33.34 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.44 | 1.46 | Good Risk Adjusted Returns |
| 3Y | 1.45 | 1.50 | Good Risk Adjusted Returns |
| 5Y | 1.34 | 1.52 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
LIC MF Money Market Fund
Direct Plan · Growth
|
+6.50% | +6.74% | — | +6.58% |
|
Axis Money Market Fund
Direct Plan · Growth Option
|
+6.47% | +7.38% | +6.82% | +6.44% |
|
Bajaj Finserv Money Market Fund
Direct Plan · Growth
|
+6.36% | +7.29% | — | +7.38% |
|
Mirae Asset Money Market Fund
Direct Plan · Growth
|
+6.30% | +7.32% | +6.66% | +6.50% |
|
JioBlackRock Money Market Fund
Direct Plan · Growth Option
|
+6.27% | — | — | +6.17% |
|
UTI - Money Market Fund
Regular Plan · Discontinued Growth
|
+6.27% | +7.03% | +6.38% | +6.89% |
|
Tata Money Market Fund
Regular Plan · Growth Option
|
+6.22% | +7.17% | +6.63% | +6.95% |
|
ICICI Prudential Money Market Fund - Cash Option
Regular Plan · Growth
|
+6.22% | +7.17% | +6.62% | +7.10% |
|
Sundaram Money Market Fund
Regular Plan · GROWTH
|
+6.21% | +7.07% | +6.46% | +6.20% |
|
HDFC Money Market Fund
Regular Plan · Growth Option
|
+6.19% | +7.12% | +6.57% | +7.30% |
More From Union Asset Management Company Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Union Gold ETF Fund of Fund
Direct Plan · Growth Option
|
+17.00% | — | — | +31.55% |
|
Union Gold ETF
Direct Plan · Growth Option
|
+16.73% | — | — | +31.97% |
|
Union Active Momentum Fund
Direct Plan · IDCW Option
|
+15.74% | — | — | +0.32% |
|
Union Small Cap Fund
Direct Plan · Growth Option
|
+14.82% | +15.43% | +16.22% | +16.18% |
|
Union Innovation & Opportunities Fund
Direct Plan · Growth Option
|
+8.71% | +19.25% | — | +17.75% |
|
Union Arbitrage Fund
Direct Plan · IDCW Option
|
+6.65% | +7.17% | +6.60% | +5.78% |
|
Union Liquid Fund
Direct Plan · Growth Option
|
+6.49% | +6.92% | +6.45% | +6.53% |
|
Union Diversified Equity All Cap Active FOF
Direct Plan · IDCW Option
|
+5.99% | — | — | +7.33% |
|
Union Multicap Fund
Direct Plan · Growth Option
|
+5.87% | +15.07% | — | +17.37% |
|
Union Multi Asset Allocation Fund
Direct Plan · Growth Option
|
+5.71% | — | — | +9.50% |
About This Scheme
Investment Objective
The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising of money market instruments. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Stated Asset Allocation
Money Market Instruments ^: 0% - 100% of net assets, ^having maturity upto 1 year. Please refer the Scheme Information Document for complete details.
Exit Load
Nil
Fund Managers
FM 1 - Mr. Devesh Thacker FM 2 - Mr. Parijat Agrawal
FM 1 - comanage, FM 2 - comanage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.