Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.04% | 0.23% | 1.47% | 3.17% | 6.53% | 7.12% | 6.49% | – | – |
NAV history
About this fund
Union Money Market Fund is a liquid/money-market debt fund offered by Union Mutual Fund, classified under Debt as Debt Scheme - Money Market Fund. These funds are generally among the lowest-volatility fund types. Its latest NAV is ₹1,376.36, with assets under management of about ₹998 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Union Money Market Fund has recorded a return of about 6.5%, with a three-year return of 7.1% and a five-year return of 6.5%. Its annualised volatility is 0.3% — relatively low fluctuations — and its Sharpe ratio is 0.09, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.14%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 6.73 | 7.08 | 3.76 | 8.11 | 100% | 0% |
| 3Y | 6.95 | 7.18 | 5.92 | 7.32 | 100% | 0% |
| 5Y | 6.49 | 6.49 | 6.44 | 6.53 | 100% | 0% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| LIC MF Money Market Fund Debt Scheme - Money Market Fund | 0.28 | 1.50 | 3.23 | 6.43 | 6.72 | – | – | 0.14 |
| TRUSTMF Money Market Fund Debt Scheme - Money Market Fund | 0.30 | 1.51 | 3.17 | 6.29 | 7.09 | – | – | 0.14 |
| HSBC Money Market Fund Debt Scheme - Money Market Fund | 0.27 | 1.50 | 3.13 | 6.27 | 7.22 | – | – | 0.12 |
| Bajaj Finserv Money Market Fund Debt Scheme - Money Market Fund | 0.26 | 1.46 | 3.11 | 6.30 | 7.28 | – | – | 0.10 |
| Bank of India Money Market Fund Debt Scheme - Money Market Fund | 0.24 | 1.47 | 3.08 | 6.37 | – | – | – | 0.14 |
| JioBlackRock Money Market Fund Debt Scheme - Money Market Fund | 0.25 | 1.46 | 3.03 | 6.21 | – | – | – | 0.13 |
| Groww Money Market Fund Debt Scheme - Money Market Fund | 0.33 | 1.46 | 3.02 | – | – | – | – | 0.20 |
| Shriram Money Market Fund Debt Scheme - Money Market Fund | 0.26 | 1.41 | 2.93 | – | – | – | – | 0.09 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Union Multicap Fund Equity Scheme - Multi Cap Fund | -7.29 | -3.73 | 1.67 | 0.65 | 13.36 | – | – | 0.83 |
| Union Innovation & Opportunities Fund Sectoral/Thematic - Innovation | -10.58 | -3.11 | 6.33 | 0.46 | 16.70 | – | – | 0.67 |
| Union Children's Fund Solution Oriented Scheme - Children's Fund | -7.88 | -6.39 | -3.49 | -7.39 | – | – | – | 1.12 |
| Union Business Cycle Fund Sectoral/Thematic - Business Cycle | -7.92 | -5.74 | -3.46 | -5.18 | – | – | – | 1.03 |
| Union Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund | -5.94 | -4.49 | -4.64 | 0.69 | – | – | – | 0.89 |
| Union Active Momentum Fund Equity Scheme - Sectoral/Thematic | -10.33 | -2.09 | 5.87 | 8.06 | – | – | – | 0.91 |
| Union Short Term Fund Debt Scheme - Ultra Short Duration Fund | -0.34 | 0.25 | 2.08 | 3.80 | – | – | – | – |
| Union Gold ETF Other Scheme - Gold ETF | -6.71 | -2.20 | -6.22 | 13.27 | – | – | – | 0.42 |