Income/Debt Oriented Schemes - Ultra Short to Short Term Fund

Union Ultra Short to Short Term Fund

Direct Plan · IDCW Option · Union Mutual Fund

Risk: Low to Moderate Risk

52W Low ₹10.14 17 Jul 2026 52W High ₹10.59 6 Jul 2026

₹10.2789 NAV as of 4 Nov 2026 +0.04% day change

Other Plans of This Fund

Direct Plan · Growth Option Regular Plan · Growth Option Regular Plan · IDCW Option

ISININF582M01LR4

Scheme Code153655

StructureOpen Ended Schemes

Fund HouseUnion Asset Management Company Private Limited

AUM (avg. July - September 2026)₹0.01 Cr

Expense Ratio (as of 4 Nov 2026)0.27%

Min. InvestmentRs. 1000 and in multiples of Rs 1 thereafter

Inception Date26 Jun 2025

BenchmarkNifty 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.

NFO Period26 Jun 2025 – 10 Jul 2025

Returns

1Y +0.87%

Since Inception +2.04%

Annualised (CAGR) returns for periods over a year.

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Rank in Category

Period	This Fund	Category Avg.	Rank
1W	+0.14%	+0.18%	22 of 25
1M	+0.27%	+0.21%	17 of 25
3M	+0.98%	+0.76%	17 of 25
6M	-1.56%	+2.06%	18 of 25
YTD	+0.01%	+3.34%	17 of 25
1Y	+0.87%	+3.93%	16 of 23
INCEPTION	+2.04%	—	—

Ranked among: Income/Debt Oriented Schemes - Ultra Short to Short Term Fund.

Rolling Returns

Period	Average	Best	Worst	Positive Periods	Consistency
3M	+0.36%	+2.08%	-3.12%	75%	30%
6M	+1.10%	+3.04%	-1.78%	61%	25%
1Y	+1.32%	+1.66%	+0.82%	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%
Debt81.15%
Cash18.85%
Other0.00%

Market Cap Split

Large Cap0.00%
Mid Cap0.00%
Small Cap0.00%
Others100.00%

Holdings9

Top 5 Stocks0.00%

Top 10 Stocks0.00%

Top 3 Sectors0.00%

Holdings · Sep 2026

Holding	Sector	Weight	Change (1M)
TREPS	Reverse Repo / TREPS	17.20%	—
Jamnagar Utilities & Power Pvt. Ltd.**	Debt	10.94%	+3.99%
Tata Capital Housing Finance Ltd.**	Debt	10.88%	+3.98%
Power Finance Corporation Ltd.**	Debt	10.84%	+3.97%
REC Ltd.**	Debt	10.79%	+3.95%
Bank of Baroda	Money Market	10.63%	—
ICICI Bank Ltd.**	Money Market	10.61%	+3.92%
EXIM 7.45% 2028 SR Z01	Debt	8.74%	+3.19%
Kotak Mahindra Bank Ltd.**	Money Market	6.38%	+2.36%
Net Receivable / Payable	Net Current Assets	1.65%	—
Corporate Debt Mkt Devp. Fund-A2	Alternative Investment Fund	1.34%	+0.49%

Risk Metrics

Standard Deviation

Period	Fund	Category
1Y	4.34	0.67	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	-1.12	-10.97	Above Average
3Y	-0.96	-8.73	Above 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	0.23	13.71	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	1.71	1.33	Poor 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
Franklin India Ultra Short to Short Term Fund Direct Plan · Growth	+6.10%	—	—	+7.17%
Mahindra Manulife Ultra Short to Short Term Fund Direct Plan · Growth	+5.98%	+7.32%	+6.69%	+6.84%
Edelweiss Ultra Short to Short Term Fund Direct Plan · Growth	+5.92%	—	—	+6.68%
Nippon India Ultra Short to Short Term Fund Regular Plan · Retail Plan - Bonus Option	+5.84%	+6.77%	+6.10%	+5.20%
UTI Ultra Short to Short Term Fund Regular Plan · Discontinued Annual IDCW	+5.67%	+6.88%	+6.13%	+6.01%
Canara Robeco Ultra Short to Short Term Fund Regular Plan · GROWTH OPTION	+5.63%	+6.82%	+6.18%	+7.30%
Axis Ultra Short to Short Term Fund Regular Plan · Growth Option	+5.63%	+6.99%	+6.36%	+7.33%
HSBC Ultra Short to Short Term Fund Regular Plan · Growth	+5.53%	+7.24%	—	+7.20%
BANDHAN ULTRA SHORT TO SHORT TERM FUND Regular Plan · Growth	+5.45%	+6.73%	+6.12%	+7.21%
BARODA BNP PARIBAS ULTRA SHORT TO SHORT TERM FUND Defunct Plan · Growth Option	+5.24%	+6.45%	—	+6.09%

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 Money Market Fund Direct Plan · Growth Option	+6.62%	+7.14%	+6.53%	+6.40%
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%

About This Scheme

Investment 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.

Exit Load

NIL

Fund Managers

FM 1 - Mr. Anindya Sarkar, FM 2 - Mr. Devesh Thacker

FM 1 - Co-manage, FM 2 - Co-manage

Official Documents Scheme Information Document (PDF) Scheme Summary (PDF) Scheme Summary (XLS) Union Asset Management Company Private Limited website

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.