AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in

Union Money Market Fund - Direct Plan - Daily IDCW Option

Union Mutual FundMoney Market FundsDirect · IDCW (income distribution)Riskometer: Low to Moderate Risk
NAV · 17 Sep 2021₹1,000.00▲ 0.00% (1 day)
Fund size (AUM) ₹1,120 Cr
Expense ratio 0.18%
1Y return—
3Y return (CAGR)—
5Y return (CAGR)—
Since launch (CAGR)0.00%
Category rank (3Y) —
Volatility (3Y) —
Sharpe ratio (3Y) —
Beta (3Y) —
52-week range₹1,000.00 – ₹1,000.00
Min. SIP / lump sum₹500 / ₹5,000
Launched26 Aug 2021
Lock-inNone
Portfolio turnover —
Max drawdown —

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Expense ratio 0.18%, fund size ₹1,120 crore.

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund0.00%——————————0.00%

Point-to-point NAV returns as on 17 Sep 2021; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Money Market Funds. Q1 = top quarter by return over that period.

Compare with all Money Market Funds (28)

About Money Market Funds
Scheme (Direct plans, Growth)NAV1M6M1Y3Y5Y
Aditya Birla Sun Life Money Market Fund - Direct Plan - GROWTHAditya Birla Sun Life Mutual Fund₹407.4102—————
Axis Money Market Fund - Direct Plan - Growth OptionAxis Mutual Fund₹1,570.47—————
Bajaj Finserv Money Market Fund - Direct Plan - GrowthBajaj Finserv Mutual Fund₹1,261.11—————
Bandhan Money Market Fund - Direct Plan - GrowthBandhan Mutual Fund₹47.4773—————
Bank of India Money Market Fund - Direct Plan - GrowthBank of India Mutual Fund₹11.2393—————
Baroda BNP Paribas Money Market Fund - Direct Plan - Growth OptionBaroda BNP Paribas Mutual Fund₹1,519.81—————
DSP Money Market Fund - Direct Plan - GrowthDSP Mutual Fund₹58.9188—————
Edelweiss Money Market Fund - Direct Plan - GrowthEdelweiss Mutual Fund₹34.0582—————
Franklin India Money Market Fund - Direct Plan - Retail Plan GrowthFranklin Templeton Mutual Fund₹56.3503—————
Groww Money Market Fund - Direct Plan - GrowthGroww Mutual Fund₹10.5366—————
HDFC Money Market Fund - Direct Plan - Growth OptionHDFC Mutual Fund₹6,334.78—————
HSBC Money Market Fund - Direct Plan - GrowthHSBC Mutual Fund₹30.0601—————
ICICI Prudential Money Market Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹417.2927—————
Invesco India Money Market Fund - Direct Plan - GrowthInvesco Mutual Fund₹3,420.29—————
JioBlackRock Money Market Fund - Direct Plan - Growth OptionJio BlackRock Mutual Fund₹1,081.38—————
Kotak Money Market Fund - Direct Plan - (Growth)Kotak Mahindra Mutual Fund₹4,926.04—————
LIC MF Money Market Fund - Direct Plan - GrowthLIC Mutual Fund₹1,309.05—————
Mirae Asset Money Market Fund - Direct Plan - GrowthMirae Asset Mutual Fund₹1,387.43—————
Nippon India Money Market Fund - Direct Plan - Growth OptionNippon India Mutual Fund₹4,568.26—————
PGIM India Money Market Fund - Direct Plan - Direct GrowthPGIM India Mutual Fund₹1,482.01—————
PGIM India Money Market Fund - Direct Plan - Direct GrowthPGIM India Mutual Fund₹0.0000—————
SBI Money Market Fund - Direct Plan - GrowthSBI Mutual Fund₹48.2472—————
Shriram Money Market Fund - Direct Plan - GrowthShriram Mutual Fund₹1,047.06—————
Sundaram Money Market Fund - Direct Plan - GROWTHSundaram Mutual Fund₹16.3954—————
Tata Money Market Fund - Direct Plan - Growth OptionTata Mutual Fund₹5,233.31—————
TRUSTMF Money Market Fund - Direct Plan - GrowthTrust Mutual Fund₹1,329.52—————
Union Money Market Fund - Direct Plan - Growth OptionUnion Mutual Fund₹1,377.00—————
UTI - Money Market Fund - Direct Plan - GrowthUTI Mutual Fund₹3,391.26—————

Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).

Scheme details

Investment objective
The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising of money market instruments. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Fund managers
Parijat Agrawal, Devesh Thacker
Fund house
Union Mutual Fund
Category
Money Market Funds · Debt
Plan / option
Direct · IDCW (income distribution)
AMFI scheme code
149119
ISIN
INF582M01HH3
Scheme documents
SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.

Questions about this scheme

What is the NAV of Union Money Market Fund today?
The latest NAV of Union Money Market Fund - Direct Plan - Daily IDCW Option is ₹1,000.00 as on 17 Sep 2021, as published by AMFI. NAVs are updated every business day evening.
What returns has Union Money Market Fund given?
Return figures are shown on this page once enough NAV history is available.
What is the expense ratio of Union Money Market Fund?
The expense ratio of the Direct plan is 0.18% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Low to Moderate Risk. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Money Market Funds?
Money Market Funds invest in money-market instruments maturing within one year.
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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