Key metrics
Latest NAV
₹11.04
Day change
-0.11%
Volatility
1.2%
Sharpe
-2.27
Max drawdown
-0.5%
Category rank
26 / 27
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 | -0.17% | -0.30% | 0.25% | 2.03% | 3.80% | – | – | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Union Short Term Fund is a debt fund offered by Union Mutual Fund, classified under Debt as Debt Scheme - Ultra Short Duration Fund. Debt funds are sensitive to interest-rate moves and the credit quality of holdings. Its latest NAV is ₹11.04.
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Union Short Term Fund has recorded a return of about 3.8%. Its annualised volatility is 1.2% — relatively low fluctuations — and its Sharpe ratio is -2.27, a measure of return per unit of risk taken.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 5.46 | 5.25 | 3.80 | 7.47 | 100% | 0% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
What does Union Short Term Fund invest in?
It invests primarily in fixed-income instruments such as bonds and money-market securities.
How is this fund classified?
It is a Debt Scheme - Ultra Short Duration Fund fund in the Debt group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Further reading: Every fund measured against the best performer in its own category
Similar Debt Scheme - Ultra Short Duration Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Edelweiss Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.27 | – | – | – | – | – | – | – |
| Canara Robeco Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.24 | 1.43 | 3.04 | 6.31 | 6.98 | 6.33 | 6.09 | 0.30 |
| DSP Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.25 | 1.43 | 3.06 | 6.44 | 7.27 | 6.67 | 6.38 | – |
| BANK OF INDIA ULTRA SHORT TERM FUND Debt Scheme - Ultra Short Duration Fund | 0.23 | 1.37 | 2.93 | 6.26 | 6.84 | 6.23 | 6.43 | – |
| Aditya Birla Sun Life Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.26 | 1.45 | 3.15 | 6.39 | 7.41 | 6.77 | 6.94 | – |
| Kotak Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.25 | 1.36 | 3.01 | 6.28 | 7.14 | 6.58 | 6.67 | – |
| SBI ULTRA SHORT TERM FUND Debt Scheme - Ultra Short Duration Fund | 0.31 | 1.46 | 3.02 | 6.29 | 7.10 | 6.48 | 6.55 | – |
| Invesco India Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund | 0.28 | 1.50 | 3.17 | 6.54 | 7.26 | 6.64 | 6.70 | – |
More funds from Union
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Union Gold ETF Other Scheme - Gold ETF | -5.85 | -1.31 | -5.82 | 11.70 | – | – | – | 0.42 |
| Union Gold ETF Fund of Fund Other Scheme - FoF Domestic | -5.94 | -1.64 | -5.94 | 12.09 | – | – | – | 0.25 |
| Union Income Plus Arbitrage Active FOF Other Scheme - FoF Domestic | -0.30 | 0.29 | 1.95 | 3.57 | – | – | – | 0.11 |
| Union Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.03 | 1.06 | 2.56 | 5.35 | – | – | – | – |
| Union Diversified Equity All Cap Active FOF Other Scheme - FoF Domestic | -6.09 | -3.69 | 2.21 | 2.04 | – | – | – | 0.43 |
| Union Consumption Fund Sectoral/Thematic - Consumption | -5.28 | -3.81 | 0.11 | – | – | – | – | 0.97 |
| Union Flexi Cap Fund Equity Scheme - Flexi Cap Fund | -5.30 | -4.16 | -1.45 | -4.82 | 9.41 | 8.63 | 12.64 | 0.83 |
| Union Liquid Fund Debt Scheme - Liquid Fund | 0.42 | 1.51 | 3.13 | 6.45 | 6.92 | 6.42 | 5.73 | 0.06 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.