Union Low Duration Fund
NAV
₹10.65
as of 21 Aug 2026
Union Low Duration Fund is an open-ended Low Duration Fund scheme from Union Mutual Fund managing ₹344 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹10.65 as of 21 Aug 2026. The expense ratio is 0.21% a year. Managed by Devesh Thacker. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.21% / yr
- as of 30 Jun 2026
- Fund size
- ₹344 crore
- as of 31 Jul 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 16 Jul 2025
- ISIN
- INF582M01LQ6
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026
Union Low Duration Fund
₹106
+6% on ₹100 over 1.1 yrs
Low Duration Fund average
₹105
+5% on ₹100 over 1.1 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 2.14% | – | – |
| 6 months | 2.93% | – | – |
| 1 year | 5.92% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- 5.7%
- Median
- 5.8%
- Best
- 5.9%
2 windows over the last 13 months, stepped monthly; 100% ended positive. Worst window began 18 Jul 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
Where the money actually is
Bonds
45.1%
Cash
54.1%
Other
0.8%
Whole-portfolio split, as of 15 Jul 2026.
What it owns
17 positions · top 10 = 39.4%
Top holdings
- Treps19.36%
- Jamnagar Utilities & Power Private Limitedmatures 10 Aug 20286.50%
- National Housing Bankmatures 14 Jul 20276.49%
- Bajaj Finance Limitedmatures 10 Dec 20276.46%
- National Bank For Agriculture And Rural Developmentmatures 15 Sep 20286.46%
- Power Finance Corporation Limitedmatures 2 Mar 20286.43%
- Tata Capital Housing Finance Limitedmatures 21 Jul 20276.43%
- RADHAKRISHNA SECURITISATION TRUSTmatures 28 Sep 20286.28%
- Bank Of Barodamatures 15 Dec 20266.28%
- HDFC Bank Limitedmatures 3 May 20276.18%
Holdings as of 15 Jul 2026.
The debt it holds
- Yield to maturity
- 7.02% vs category 7.11%
- Modified duration
- 1.06 yrs vs category 0.89 yrs
- Average maturity
- 1.21 yrs vs category 1.09 yrs
- Average coupon
- 7.50%
- Government securities
- 6.5%
Credit quality
- AAA
- 91.4%
- AA
- 8.6%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.
Portfolio characteristics as of 15 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- −₹460 cr
- Net flow, 3 months
- −₹240 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Union Low Duration Fund?
- ₹10.65 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union Low Duration Fund?
- 0.21% a year for the Direct plan, as of 30 Jun 2026.
- How large is Union Low Duration Fund?
- ₹344 crore under management as of 31 Jul 2026, in the Low Duration Fund category.
- How risky is Union Low Duration Fund?
- Its SEBI Riskometer reading is "Low to Moderate Risk". Three months to three years of lending. Where sensible near-term money quietly sits.
- Who manages Union Low Duration Fund?
- Devesh Thacker, managing this fund for 1 year.
Where this fund sits
Its shelf, all funds
Sd · Short duration →
Three months to three years of lending. Where sensible near-term money quietly sits.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Low Duration Fund funds
- ICICI Prudential Savings Fund₹21,735 crore
- HDFC Low Duration Fund₹18,420 crore
- SBI LOW DURATION FUND₹13,102 crore
- Kotak Low Duration Fund₹12,083 crore
- Aditya Birla Sun Life Low Duration Fund₹9,914 crore
- Franklin India Low Duration Fund₹420 crore
- BARODA BNP PARIBAS LOW DURATION FUND₹391 crore
- JM Low Duration Fund₹219 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.