Union Money Market Fund
NAV
₹1,364.09
as of 21 Aug 2026
Union Money Market Fund is an open-ended Money Market Fund scheme from Union Mutual Fund managing ₹1,073 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹1,364.09 as of 21 Aug 2026. The expense ratio is 0.14% a year. Managed by Parijat Agrawal. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.14% / yr
- as of 30 Jun 2026
- Fund size
- ₹1,073 crore
- as of 31 Jul 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 26 Aug 2021
- ISIN
- INF582M01HG5
₹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 Money Market Fund
₹136
+36% on ₹100 over 5.0 yrs
Money Market Fund average
₹132
+32% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 2.12% | – | – |
| 6 months | 3.52% | – | – |
| 1 year | 6.66% | – | – |
| 3 years (CAGR) | 7.22% | – | – |
| 5 years (CAGR) | 6.43% | – | – |
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
- 3.4%
- Median
- 7.1%
- Best
- 7.9%
49 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 27 Aug 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 5.8%
- Median
- 7.2%
- Best
- 7.3%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 27 Aug 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 1.49
- Sortino ratio (3Y)
- 4.90 vs category 2.19
- Standard deviation (3Y)
- 0.47%
Where the money actually is
Bonds
23.2%
Cash
76.6%
Other
0.2%
Whole-portfolio split, as of 15 Jul 2026.
What it owns
41 positions · top 10 = 13.5%
Top holdings
- National Bank for Agriculture and Rural Development6.06%
- Bank Of Barodamatures 3 Aug 20275.43%
- Indian Bank4.13%
- Small Industries Development Bank Of India4.12%
- HDFC Bank Limitedmatures 14 Dec 20264.12%
- Axis Bank Ltd.4.07%
- Canara Bankmatures 3 Apr 20274.06%
- The Federal Bank Limitedmatures 3 Apr 20274.05%
- HDFC Bank Limitedmatures 3 Sep 20274.05%
- LIC Housing Finance Ltdmatures 11 Mar 20274.05%
Holdings as of 15 Jul 2026. Portfolio turnover 202.0% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The debt it holds
- Yield to maturity
- 6.94% vs category 6.83%
- Modified duration
- 0.65 yrs vs category 0.52 yrs
- Average maturity
- 0.69 yrs vs category 0.54 yrs
- Government securities
- 17.1%
Credit quality
- AAA
- 100.0%
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
- +₹868 cr
- Net flow, 3 months
- +₹178 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Union Money Market Fund?
- ₹1,364.09 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union Money Market Fund?
- 0.14% a year for the Direct plan, as of 30 Jun 2026.
- How large is Union Money Market Fund?
- ₹1,073 crore under management as of 31 Jul 2026, in the Money Market Fund category.
- How risky is Union Money Market Fund?
- Its SEBI Riskometer reading is "Low to Moderate Risk". Parking money for days to months. Much of it is corporate treasuries, not households.
- What are the 5-year returns of Union Money Market Fund?
- 6.43% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
- What is the worst 3-year return of Union Money Market Fund?
- 5.8% a year — the weakest of 25 overlapping 3-year holding periods, beginning 27 Aug 2021. The median was 7.2% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Union Money Market Fund?
- Parijat Agrawal, managing this fund for 4.9 years.
Where this fund sits
Its shelf, all funds
Ln · Liquid & money market →
Parking money for days to months. Much of it is corporate treasuries, not households.
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 Money Market Fund funds
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.