MonitorDirect · Growth
Union Short Term Fund
Union Mutual FundIncome/Debt Oriented Schemes - Ultra Short Term Fund1.6 years
- NAV
- 11.0556
- 15 Sept 2026
- 1Y
- +5.1%
- Trailing CAGR
- AUM
- ₹112.31 Cr
- 31 Aug 2026
- Volatility
- Low
- 1.2% 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+5.1%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+6.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.0%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +6.5%
- Calendar-day CAGR
- Excess 1Y
- -1.5%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- n/a
- 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
- 5 days
- 40 recovered episodes
- Longest recovery
- 43 days
- Trough to prior peak
- Current spell
- 28 days
- Days below latest peak
- Time below peak
- +54%
- NAV observations
11 Mar 2026 – 9 Apr 2026
Trough 2 Apr 2026 · recovered in 7 days
-0.5%
6 Jun 2025 – 3 Jul 2025
Trough 13 Jun 2025 · recovered in 20 days
-0.5%
8 May 2026 – 2 Jun 2026
Trough 21 May 2026 · recovered in 12 days
-0.4%
5 Dec 2025 – 4 Feb 2026
Trough 23 Dec 2025 · recovered in 43 days
-0.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
34
Vs category
40
Consistency
20
Risk-adjusted
77
Drawdown
99
Mean
54
Portfolio
31 Aug 2026 · 14 holdings · top 10 are 87.4%.
- Top 5
- 49.3%
- Top 10
- 87.4%
- Largest holding
- 14.2%
- Effective holdings
- 11.8
Repo
Unspecified
14.2%
INDIAN OIL CORPORATION LIMITED SR XXVII 7.25 NCD 06JN30 FVRS1LAC
Energy & Utilities
8.9%
JIO CREDIT LIMITED SR II 7.08 NCD 26MY28 FVRS1LAC
Financial
8.8%
REC LIMITED SR 255 7.17 BD 01JL31 FVRS1LAC
Financial
8.7%
POWER FINANCE CORPORATION LTD. SR 207 7.04 BD 16DC30 FVRS10LAC
Financial
8.7%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- AUM fell by 30% or more versus the prior observation.
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.
Franklin India Ultra Short Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +6.6%
- 3Y
- n/a
- Vol
- 0.4%
- Max DD
- -0.1%
- Sharpe
- 4.77
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Mahindra Manulife Ultra Short Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +6.7%
- 3Y
- +7.3%
- Vol
- 0.5%
- Max DD
- -0.5%
- Sharpe
- 2.28
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Mirae Asset Ultra Short-Term Fund
Mirae Asset Mutual Fund
- 1Y
- +6.8%
- 3Y
- +7.4%
- Vol
- 0.3%
- Max DD
- -0.2%
- Sharpe
- 2.90
- 3Y win
- +95%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund)
Sundaram Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.3%
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 4.53
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Aditya Birla Sun Life Ultra Short Term Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +6.7%
- 3Y
- +7.5%
- Vol
- 0.6%
- Max DD
- -1.2%
- Sharpe
- 3.79
- 3Y win
- +100%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown