3 Year return
4.68%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderate Risk
Asset Under Management
₹107.17 Cr.
Expense Ratio
0.64% (inclusive of GST)
Exit Load
1% - if redeemed or switched out on or before 15 days from the date of allotment. Nil - if redeemed or switched out after 15 days from the date of allotment.
Tax Implications
Withdrawal within 3 years
Tax based on your income tax bracket
Withdrawal after 3 years
20% tax after indexation (adjusting for inflation)
Fund Holdings
Union Mutual Fund Managers
PA
Parijat Agrawal
Fund Manager since Jul 2022
Fund House Details
Union Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Aditya Birla Sun Life Medium Term Plan Direct Quarterly IDCW Payout |
13.03% |
4 |
Aditya Birla Sun Life Medium Term Plan Direct Half Yearly IDCW Payout |
13.03% |
4 |
Aditya Birla Sun Life Medium Term Plan Direct IDCW Payout |
13.03% |
4 |
Schemes by Union Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Union Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Union Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Union Arbitrage Fund Direct Plan Growth
About Union Medium Duration Fund Direct Plan Growth
The Union Medium Duration Fund Direct Plan Growth is a debt fund managed by Union Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. Medium-duration funds invest in debt securities with a maturity of 3 to 5 years. These funds offer a balance between risk and return. The Union Medium Duration Fund Direct Plan Growth invests in a diversified portfolio of medium-duration debt securities. The fund aims to generate income by investing in these securities.
Investment Objectives of the Scheme
The investment objective of the Union Medium Duration Fund Direct Plan Growth is to generate income by investing in a diversified portfolio of medium-duration debt securities. The fund will invest at least 80% of its assets in medium-duration debt securities.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.64% |
Fund Manager | Parijat Agrawal |
Fund Size | ₹107.17 Cr |
Risk Profile | Moderate |
Is This Scheme Right for Me?
The Union Medium Duration Fund Direct Plan Growth is a good option for investors who are looking for a balance between risk and return. The fund invests in medium-duration debt securities, which offer the potential for higher returns than short-term debt securities. However, the fund is not suitable for investors who are looking for a safe investment. Medium-duration debt securities are more risky than short-term debt securities and there is a risk of losing money.
AMC Contact Details
Name | Union Mutual Fund |
Launch Date | 23rd March 2011 |
Addresss | Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059 |
Contact | (022) 6748 3300 |
investorcare@unionmf.com | |
Website | https://www.unionmf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Planning Tool at You Fingertips Now – SIP Calculator
FAQs
What is today's NAV of Union Medium Duration Fund?
What is the AUM of Union Medium Duration Fund?
What is the expense ratio of Union Medium Duration Fund?
What are the returns of Union Medium Duration Fund since inception?
What is the minimum SIP amount to invest in Union Medium Duration Fund?
How do I invest in Union Medium Duration Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Union Medium Duration Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Union Medium Duration Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Union Medium Duration Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.