ReviewDirect · GrowthPrefer peers first
Union Dynamic Term Fund
Union Mutual FundIncome/Debt Oriented Schemes - Dynamic Term Fund13.8 years
- NAV
- 24.4935
- 29 Oct 2026
- 1Y
- -0.6%
- Trailing CAGR
- AUM
- ₹62 Cr
- 30 Sept 2026
- Volatility
- Low
- 3.3% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer Baroda BNP Paribas Dynamic Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
1.31% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -6.8%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-0.6%
- 3Y+4.7%
- 5Y+4.0%
- 10Y+5.1%
- SI+6.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-0.9%
- 3Y+2.2%
- 5Y+3.8%
- 10Y+4.7%
- Since inception
- +6.1%
- Calendar-day CAGR
- Excess 1Y
- -3.6%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- +2.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.7%
- 2619 daily-ending windows
- Median rolling 3Y
- +6.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2136 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -6.8%
- Worst peak-to-trough
- Current
- -3.2%
- Below last peak
- Current spell
- 76 days
- Days below latest peak
- Time below peak
- +81%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 212 recovered episodes
- Longest recovery
- 277 days
- Trough to prior peak
27 May 2013 – 23 May 2014
Trough 19 Aug 2013 · recovered in 277 days
-6.8%
28 May 2025 – 25 Jun 2026
Trough 2 Apr 2026 · recovered in 84 days
-4.9%
24 Nov 2016 – 1 Sept 2017
Trough 10 Mar 2017 · recovered in 175 days
-4.3%
14 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-3.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
28
Consistency
6
Risk-adjusted
29
Drawdown
83
Mean
29
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
- AUM fell by 30% or more versus the prior observation.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 9 holdings · top 10 are 100.0%.
- Top 5
- 90.6%
- Top 10
- 100.0%
- Largest holding
- 43.4%
- Effective holdings
- 3.8
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
Entities
43.4%
GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100
Entities
23.0%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SERIES 134 8.30 LOA 25MR29 FVRS10LAC
Financial
8.2%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC
Financial
8.0%
REC LIMITED SR 228-B 7.71 BD 30NV33 FVRS1LAC
Financial
8.0%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Baroda BNP Paribas Dynamic Term Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +1.8%
- 3Y
- +6.1%
- Vol
- 2.1%
- Max DD
- -2.5%
- Sharpe
- 0.12
- 3Y win
- +35%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Canara Robeco Dynamic Term Fund
Canara Robeco Mutual Fund
- 1Y
- +1.1%
- 3Y
- +5.5%
- Vol
- 3.3%
- Max DD
- -6.2%
- Sharpe
- 0.42
- 3Y win
- +10%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Groww Dynamic Term Fund
Groww Mutual Fund
- 1Y
- +2.7%
- 3Y
- +5.8%
- Vol
- 1.9%
- Max DD
- -2.3%
- Sharpe
- 0.06
- 3Y win
- +0%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
HSBC Dynamic Term Fund
HSBC Mutual Fund
- 1Y
- +2.2%
- 3Y
- +6.5%
- Vol
- 2.1%
- Max DD
- -2.0%
- Sharpe
- 0.21
- 3Y win
- +4%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
ICICI Prudential Dynamic Term Fund
ICICI Prudential Mutual Fund
- 1Y
- +3.5%
- 3Y
- +7.1%
- Vol
- 2.5%
- Max DD
- -3.6%
- Sharpe
- 1.31
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns