Union Ultra Short to Short Term Fund
NAV
₹10.72
as of 19 Oct 2026
Union Ultra Short to Short Term Fund is an open-ended Low Duration Fund scheme from Union Mutual Fund managing ₹228 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹10.72 as of 19 Oct 2026. The expense ratio is 0.26% a year. Managed by Devesh Thacker. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.26% / yr
- as of 31 Aug 2026
- Fund size
- ₹228 crore
- as of 30 Sept 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 19 Oct 2026
Union Ultra Short to Short Term Fund
₹107
+7% on ₹100 over 1.3 yrs
Low Duration Fund average
₹106
+6% on ₹100 over 1.3 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 1.16% | – | – |
| 6 months | 2.67% | – | – |
| 1 year | 5.47% | – | – |
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%
4 windows over the last 15 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
52.2%
Cash
46.5%
Other
1.3%
Whole-portfolio split, as of 15 Sept 2026.
What it owns
11 positions · top 10 = 41.6%
Top holdings
- Treps17.20%
- Jamnagar Utilities & Power Private Limitedmatures 10 Aug 202810.94%
- Tata Capital Housing Finance Limitedmatures 21 Jul 202710.88%
- Power Finance Corporation Limitedmatures 2 Mar 202810.84%
- Rec Limitedmatures 31 Jan 202810.79%
- Bank Of Barodamatures 3 Nov 202710.63%
- ICICI Bank Ltdmatures 19 Mar 202710.61%
- Export Import Bank Of Indiamatures 12 Apr 20288.74%
- Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)matures 3 May 20276.38%
- Net Receivable / Payable1.64%
Holdings as of 30 Sept 2026.
The debt it holds
- Yield to maturity
- 6.95% vs category 7.11%
- Modified duration
- 0.84 yrs vs category 0.89 yrs
- Average maturity
- 0.94 yrs vs category 1.09 yrs
- Average coupon
- 7.18%
- Government securities
- 8.7%
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 31 Aug 2026.
Portfolio characteristics as of 15 Sept 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
- −₹476 cr
- Net flow, 3 months
- −₹99 cr
as of 30 Sept 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Union Ultra Short to Short Term Fund?
- ₹10.72 per unit as of 19 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union Ultra Short to Short Term Fund?
- 0.26% a year for the Direct plan, as of 31 Aug 2026.
- How large is Union Ultra Short to Short Term Fund?
- ₹228 crore under management as of 30 Sept 2026, in the Low Duration Fund category.
- How risky is Union Ultra Short to Short Term 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 Ultra Short to Short Term Fund?
- Devesh Thacker, managing this fund for 1.2 years.
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 Ultra Short to Short Term Fund₹18,781 crore
- HDFC Ultra Short to Short Term Fund₹16,513 crore
- Kotak Ultra Short to Short Term Fund₹12,566 crore
- SBI Ultra Short to Short Term Fund₹10,942 crore
- Aditya Birla Sun Life Ultra short to short term Fund₹9,185 crore
- Nippon India Ultra Short to Short Term Fund₹7,096 crore
- BARODA BNP PARIBAS ULTRA SHORT TO SHORT TERM FUND₹330 crore
- JM Ultra Short to Short Term Fund₹236 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.