Union Dynamic Term Fund - Direct Plan - Growth Option
The investment objective of the Scheme is to actively manage a portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and liquidity to the investors. However, there can be no assurance that the investment objective of the scheme will be achieved.Read more
- Current NAV₹24.5808
- Fund Size (AUM)₹ 62 Cr.
- Expense Ratio1.25 %
- 1Y Return-0.94%
- 3Y Return (CAGR)+4.93%
- 5Y Return (CAGR)+4.04%
- Category Rank (3Y)—
- RiskometerModerate Risk
- Min. SIP / Lump sum₹ 500 / ₹ 1,000
More figures (11)
- Since Launch (CAGR)+6.12%
- Benchmark—
- Volatility (3Y)3.30 %
- Sharpe Ratio (3Y)-0.48
- Beta (3Y)—
- 52-week High / Low₹25.3041 / ₹23.8171
- Max Drawdown-6.8 %
- Launched1 Jan 2013
- Lock-inNone
- Portfolio Turnover—
- Fund ManagersParijat Agrawal, Devesh Thacker
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 4.0% a year.
- Volatility over 3 years was 3.3% a year, with a Sharpe ratio of -0.48.
- Its biggest fall from a peak was 6.8% (27 May 2013 to 19 Aug 2013).
- Across all 3-year periods since launch, yearly returns ranged from 2.7% to 12.0% and were positive 100% of the time.
- Expense ratio 1.25%, fund size ₹62 crore.
Pros
AI- Every 3-year period since launch gave a positive return (lowest 2.7% a year).
- Long track record of 13.8 years since 2 Jan 2013.
Cons
AI- Expense ratio of 1.25% is above the category median of 0.54%.
- Small fund size of ₹62 crore.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -0.50% | -0.91% | -2.07% | +0.28% | -0.37% | -0.94% | +2.30% | +4.93% | +4.04% | +4.90% | +5.12% | +6.12% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Dynamic Bond Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -0.37% | +4.30% | +8.80% | +6.75% | +0.53% | +2.24% | +11.06% | +10.43% | +4.43% | +1.89% | +12.80% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.4 | 0.5 | -3.0 | 1.8 | 0.0 | 3.3 | -0.8 | -0.3 | -0.5 | -0.7 | |||
| 2025 | 0.7 | -0.3 | 2.4 | 2.4 | 0.5 | -1.5 | 0.4 | -2.3 | 1.6 | 0.3 | -0.3 | 0.7 | 4.3 |
| 2024 | 1.0 | 1.0 | 0.7 | -0.7 | 1.7 | 0.7 | 0.8 | 1.0 | 1.4 | -0.2 | 0.5 | 0.5 | 8.8 |
| 2023 | 0.4 | 0.1 | 1.2 | 1.3 | 1.1 | -0.3 | 0.3 | 0.5 | 0.0 | -0.2 | 0.8 | 1.2 | 6.8 |
| 2022 | -0.6 | -0.3 | 0.3 | -1.0 | -0.6 | 0.3 | 0.6 | 0.7 | -0.5 | 0.3 | 1.2 | 0.2 | 0.5 |
| 2021 | -0.3 | -2.1 | 1.1 | 0.9 | 0.5 | -0.1 | 0.3 | 1.0 | 0.8 | -0.3 | 0.9 | -0.4 | 2.2 |
| 2020 | 0.5 | 2.2 | 0.6 | 1.0 | 1.8 | 1.1 | 1.3 | -1.3 | 0.6 | 1.9 | 0.6 | 0.3 | 11.1 |
| 2019 | 0.2 | 0.2 | 1.6 | -0.1 | 2.6 | 1.1 | 2.3 | 0.5 | -0.2 | 1.1 | 0.8 | 0.0 | 10.4 |
| 2018 | -0.2 | -0.7 | 1.7 | -1.3 | 0.2 | 0.2 | 1.0 | 0.0 | -0.3 | 0.9 | 1.5 | 1.3 | 4.4 |
| 2017 | 1.0 | -2.3 | 0.8 | -0.1 | 1.0 | 1.0 | 0.7 | 0.4 | -0.2 | 0.0 | 0.0 | -0.5 | 1.9 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 82 of 118 months shown (69%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 3.30% | 2.84% |
| Sharpe ratio ? | -0.48 | -0.87 |
| Sortino ratio ? | -0.64 | -1.15 |
| Maximum drawdown | -4.92% | -4.92% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
How it handled market falls
Biggest falls in this fund's NAV
| Peak | Bottom | Fall | Back to the peak on | Time to recover |
|---|---|---|---|---|
| 27 May 2013 | 19 Aug 2013 | -6.8% | 23 May 2014 | 9 months |
Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,19,583 | ₹-417 | -0.64% |
| 3Y | ₹3,60,000 | ₹3,74,194 | ₹14,194 | +2.53% |
| 5Y | ₹6,00,000 | ₹6,63,259 | ₹63,259 | +3.96% |
| 10Y | ₹12,00,000 | ₹15,34,990 | ₹3,34,990 | +4.81% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Dynamic Bond Funds (22)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | 360 ONE Dynamic Term Fund360 ONE Mutual Fund | ₹25.3589 | — | — | — | — | — | 0.34 | 549 | Moderately High Risk |
| 2. | Aditya Birla Sun Life Dynamic Term FundAditya Birla Sun Life Mutual Fund | ₹52.8671 | — | — | — | — | — | 0.64 | 1,370 | Moderately High Risk |
| 3. | Axis Dynamic Term FundAxis Mutual Fund | ₹34.6939 | — | — | — | — | — | 0.34 | 969 | Moderate Risk |
| 4. | BANDHAN Dynamic Term FundBandhan Mutual Fund | ₹40.2990 | — | — | — | — | — | 0.79 | 1,910 | Moderate Risk |
| 5. | Baroda BNP Paribas Dynamic Term FundBaroda BNP Paribas Mutual Fund | ₹52.1998 | — | — | — | — | — | 0.71 | 114 | Moderate Risk |
| 6. | Canara Robeco Dynamic Term FundCanara Robeco Mutual Fund | ₹32.8032 | — | — | — | — | — | 0.72 | 80 | Moderate Risk |
| 7. | DSP Dynamic Term FundDSP Mutual Fund | ₹3,645.44 | — | — | — | — | — | 0.54 | 607 | Moderate Risk |
| 8. | Groww Dynamic Term FundGroww Mutual Fund | ₹1,578.73 | — | — | — | — | — | 0.45 | 25 | Moderate Risk |
| 9. | HDFC Dynamic Term FundHDFC Mutual Fund | ₹102.7825 | — | — | — | — | — | 0.75 | 480 | Moderately High Risk |
| 10. | HSBC Dynamic Term FundHSBC Mutual Fund | ₹33.1945 | — | — | — | — | — | 0.30 | 119 | Moderate Risk |
| 11. | ICICI Prudential Dynamic Term FundICICI Prudential Mutual Fund | ₹42.2856 | — | — | — | — | — | 0.63 | 12,863 | Moderately High Risk |
| 12. | ITI Dynamic Term FundITI Mutual Fund | ₹13.3477 | — | — | — | — | — | 0.29 | 24 | Low to Moderate Risk |
| 13. | JM Dynamic Term FundJM Financial Mutual Fund | ₹46.3296 | — | — | — | — | — | 0.43 | 52 | Moderate Risk |
| 14. | Kotak Dynamic Term FundKotak Mahindra Mutual Fund | ₹43.4172 | — | — | — | — | — | 0.61 | 2,219 | Moderately High Risk |
| 15. | Mahindra Manulife Dynamic Term FundMahindra Manulife Mutual Fund | ₹16.2994 | — | — | — | — | — | 0.38 | 47 | Moderately High Risk |
| 16. | Mirae Asset Dynamic Term FundMirae Asset Mutual Fund | ₹18.5738 | — | — | — | — | — | 0.16 | 114 | Low to Moderate Risk |
| 17. | Nippon India Dynamic Term FundNippon India Mutual Fund | ₹42.2453 | — | — | — | — | — | 0.35 | 3,702 | Moderate Risk |
| 18. | PGIM India Dynamic Term FundPGIM India Mutual Fund | ₹3,095.66 | — | — | — | — | — | 0.49 | 78 | Moderate Risk |
| 19. | Quantum Dynamic Term FundQuantum Mutual Fund | ₹22.5624 | — | — | — | — | — | 0.48 | 84 | Moderate Risk |
| 20. | SBI DYNAMIC TERM FUNDSBI Mutual Fund | ₹41.5163 | — | — | — | — | — | 0.64 | 3,502 | Low to Moderate Risk |
| 21. | Union Dynamic Term FundUnion Mutual Fund | ₹24.5808 | — | — | — | — | — | 1.25 | 62 | Moderate Risk |
| 22. | UTI Dynamic Term FundUTI Mutual Fund | ₹35.4593 | — | — | — | — | — | 0.88 | 396 | Moderate Risk |
| Median: 22 schemes | — | — | — | — | — | — | 0.52 | 258 | — |
Detailed comparison with another fund About Dynamic Bond Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The investment objective of the Scheme is to actively manage a portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and liquidity to the investors. However, there can be no assurance that the investment objective of the scheme will be achieved.
- Fund managers
- Parijat Agrawal, Devesh Thacker
- Fund house
- Union Mutual Fund
- Category
- Dynamic Bond Funds · Debt
- Plan / option
- Direct · Growth
- AMFI scheme code
- 119311
- ISIN
- INF582M01799
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Dynamic Bond Funds
Dynamic Bond Funds move across short and long durations depending on the fund manager's view of interest rates.
Generally used by investors with a 3+ year horizon.
Other plans of this scheme
Tax on your gains
Tax treatment depends on what the fund holds: equity-oriented if at least 65% is in Indian shares (directly or through equity funds), debt-oriented if over 65% is in debt, otherwise the "other" rules.
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Union Mutual Fund
- Union Mutual Fund takes investor awareness campaign 'Tukka Nahi, Tareeka Chahiye' to Mumbai MetroMedia4Growth · Yesterday
- Union Mutual Fund Says: When It Comes to Investing, Don’t Just Take a ‘Tukka’IMPACT Magazine · 1 Oct
- ‘Tukka Nahi ,Tareeka Chahiye’ now has a tune: Union Mutual Fund adds a jingle to its investor awareness campaignAdgully · 1 Oct
- ‘Tukka Nahi, Tareeka Chahiye’ now has a tune: Union Mutual Fund adds a jingle to its investor awareness campaignPassionate In Marketing · 1 Oct
- Union AMC CEO Details three Triggers on When to exit underperforming SIPAlice Blue · 23 Sep
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
What is the NAV of Union Dynamic Term Fund today?
What returns has Union Dynamic Term Fund given?
What is the expense ratio of Union Dynamic Term Fund?
How risky is this fund?
What is the difference between Direct and Regular plans?
What are Dynamic Bond Funds?
How are gains from Union Dynamic Term Fund taxed?
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