MonitorDirect · Growth
Union Money Market Fund
Union Mutual FundDebt Scheme - Money Market Fund5.1 years
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
- NAV
- 1,371.3123
- 15 Sept 2026
- 1Y
- +6.8%
- Trailing CAGR
- AUM
- ₹1,481.72 Cr
- 31 Aug 2026
- Volatility
- Low
- 0.3% 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+6.8%
- 3Y+7.2%
- 5Y+6.5%
- 10Yn/a
- SI+6.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+7.2%
- 3Y+7.2%
- 5Y+7.0%
- 10Yn/a
- Since inception
- +6.4%
- Calendar-day CAGR
- Excess 1Y
- +0.2%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 25
- Vs comparable share classes
- Worst rolling 3Y
- +5.9%
- 499 daily-ending windows
- Median rolling 3Y
- +7.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 13 daily-ending windows
- SIP 3Y XIRR
- +7.2%
- 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
- 3 days
- 24 recovered episodes
- Longest recovery
- 9 days
- Trough to prior peak
- Current spell
- 6 days
- Days below latest peak
- Time below peak
- +5%
- NAV observations
6 Jul 2026 – 17 Jul 2026
Trough 8 Jul 2026 · recovered in 9 days
-0.1%
19 May 2026 – 29 May 2026
Trough 22 May 2026 · recovered in 7 days
-0.1%
2 May 2022 – 12 May 2022
Trough 5 May 2022 · recovered in 7 days
-0.1%
19 Aug 2026 – 24 Aug 2026
Trough 21 Aug 2026 · recovered in 3 days
-0.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
25
Vs category
51
Consistency
6
Risk-adjusted
100
Drawdown
100
Mean
56
Portfolio
31 Aug 2026 · 48 holdings · top 10 are 40.3%.
- Top 5
- 24.0%
- Top 10
- 40.3%
- Largest holding
- 6.5%
- Effective holdings
- 33.4
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 18MAR27
Financial
6.5%
CANARA BANK CD 04MAR27
Financial
4.9%
LIC HOUSING FINANCE LTD 351D CP 11MAR27
Financial
4.9%
BANK OF BARODA CD 08MAR27
Financial
4.4%
INDIAN BANK CD 04DEC26
Financial
3.3%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Bandhan Money Market Fund
Bandhan Mutual Fund
- 1Y
- +6.7%
- 3Y
- +7.4%
- Vol
- 0.6%
- Max DD
- -1.3%
- Sharpe
- 3.30
- 3Y win
- +36%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Edelweiss Money Market Fund
Edelweiss Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.3%
- Vol
- 1.8%
- Max DD
- -2.2%
- Sharpe
- 0.79
- 3Y win
- +43%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Franklin India Money Market Fund
Franklin Templeton Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.4%
- Vol
- 0.6%
- Max DD
- -1.2%
- Sharpe
- 3.58
- 3Y win
- +72%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
HDFC Money Market Fund
HDFC Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.4%
- Vol
- n/a
- Max DD
- -1.4%
- Sharpe
- n/a
- 3Y win
- +86%
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown
ICICI Prudential Money Market Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.4%
- Vol
- 0.5%
- Max DD
- -1.2%
- Sharpe
- 2.87
- 3Y win
- +31%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown