Union Medium Duration Fund
NAV : ₹ 11.867 as of 28 June, 2024
3Y Returns
▲4.71%
Overview
₹ 106.69 Cr
Fund size
₹ 500
Min SIP
₹ 1000
Lumpsum
24 August 2020
Launch date
Growth
Fund plan
Regular
Scheme type
2
Rating by Value Research
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,10,879 (+3.50%)
Disclaimer: Past performance is not an indicator of future returns
Top Holdings
| Name | Weight(%) |
|---|---|
Debenture | 45.85% |
GOI Securities | 32.06% |
Bonds/NCDs | 9.12% |
Alternative Investment Fund | 0.41% |
Treasury Bills | 0.13% |
| Name | Weight(%) |
|---|---|
CASH | 12.43% |
Other Scheme Info
Expense Ratio
Inclusive of GST
0.9%
Stamp Duty
0.005%
Exit Load
Exit load of 1%, if redeemed within 15 days.
0
Fund Managers
Anindya Sarkar
Aug 2020 - Present
Fund House
Union Mutual Fund
Total AUM: 14446.51Cr
Union Mutual Fund, the investment arm of Union Bank of India, has been a significant player in India's asset management sector for over a decade. Established in December 2009, the AMC aimed to build a robust asset management portfolio in India. Leveraging the extensive client base of Union Bank of India, the AMC capitalized on its established network. It initially operated in collaboration with KB...View Union Medium Duration Fund AMC
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
Still have questions?
What is the NAV of Union Medium Duration Fund
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Union Medium Duration Fund is ₹11.87
What is the AUM of Union Medium Duration Fund?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Union Medium Duration Fund is ₹106.69 Cr.
What is the minimum SIP amount for Union Medium Duration Fund?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Union Medium Duration Fund is ₹500
What is the Expense Ratio of Union Medium Duration Fund?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Union Medium Duration Fund is 0.9%
What is the Exit load of Union Medium Duration Fund?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of Union Medium Duration Fund is Exit load of 1%, if redeemed within 15 days..
