ReviewDirect · Growth
Union Gilt Fund
Union Mutual FundDebt Scheme - Gilt Fund4.1 years
The scheme seeks to generate income through investment in a portfolio comprising of government securities of various maturities.
- NAV
- 12.3472
- 15 Sept 2026
- 1Y
- +0.9%
- Trailing CAGR
- AUM
- ₹81.29 Cr
- 31 Aug 2026
- Volatility
- Low
- 3.6% annualized
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+0.9%
- 3Y+4.9%
- 5Yn/a
- 10Yn/a
- SI+5.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.6%
- 3Y+2.8%
- 5Yn/a
- 10Yn/a
- Since inception
- +5.2%
- Calendar-day CAGR
- Excess 1Y
- -3.4%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- Worst rolling 3Y
- +4.4%
- 261 daily-ending windows
- Median rolling 3Y
- +6.1%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- +2.8%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 7 days
- 79 recovered episodes
- Longest recovery
- 89 days
- Trough to prior peak
- Current spell
- 32 days
- Days below latest peak
- Time below peak
- +80%
- NAV observations
28 May 2025 – 30 Jun 2026
Trough 2 Apr 2026 · recovered in 89 days
-6.5%
14 Aug 2026 – open
Trough 15 Sept 2026 · not recovered
-2.7%
2 Jul 2026 – 13 Aug 2026
Trough 23 Jul 2026 · recovered in 21 days
-1.7%
13 Sept 2022 – 11 Nov 2022
Trough 26 Sept 2022 · recovered in 46 days
-1.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
29
Consistency
0
Risk-adjusted
25
Drawdown
84
Mean
28
Portfolio
31 Aug 2026 · 5 holdings · top 10 are 100.0%.
- Top 5
- 97.2%
- Top 10
- 100.0%
- Largest holding
- 37.2%
- Effective holdings
- 3.2
7.71% GOI 18-May-2066
Entities
37.2%
GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100
Entities
35.5%
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
Entities
20.1%
Repo
Unspecified
4.9%
Net Receivables
Unspecified
2.3%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Review
Engine status
Review
Closer look
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.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
PGIM India Gilt Fund
PGIM India Mutual Fund
- 1Y
- +2.5%
- 3Y
- +6.1%
- Vol
- 2.8%
- Max DD
- -3.2%
- Sharpe
- 0.67
- 3Y win
- +7%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Bajaj Finserv Gilt Fund
Bajaj Finserv Mutual Fund
- 1Y
- +4.8%
- 3Y
- n/a
- Vol
- 3.4%
- Max DD
- -3.9%
- Sharpe
- -0.17
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
JM G-Sec Fund - (Direct) Annual
JM Financial Asset Management Limited
- 1Y
- +13.0%
- 3Y
- +7.2%
- Vol
- 4.4%
- Max DD
- -5.2%
- Sharpe
- 0.88
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
JM G-Sec Fund - (Direct) Half Yearly
JM Financial Asset Management Limited
- 1Y
- +13.0%
- 3Y
- +7.2%
- Vol
- 4.4%
- Max DD
- -5.2%
- Sharpe
- 0.88
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
JM G-Sec Fund - Annual
JM Financial Asset Management Limited
- 1Y
- +12.2%
- 3Y
- +6.4%
- Vol
- 4.4%
- Max DD
- -5.6%
- Sharpe
- 0.70
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility