Union Short Term Fund - Direct Plan - Daily Dividend Option
Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Union Mutual Fund. It's been running since 2 Jan 2013.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 83 other funds in Debt Scheme - Short Duration Fund
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 6 of last 7 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 0% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of Union Short Term Fund - Direct Plan - Daily Dividend Option against other debt funds.
Technical details (for the pros)
Fund info
- Fund house
- Union Mutual Fund
- Category
- Debt Scheme - Short Duration Fund
- Plan
- Direct
- Option
- Dividend
- ISIN (Growth)
- —
- ISIN (Div re-invest)
- —
- Fund code
- 119320
- First price on record
- 2 Jan 2013 · 1,455 daily prices
About Union Short Term Fund - Direct Plan - Daily Dividend Option
Union Short Term Fund - Direct Plan - Daily Dividend Option is a Debt Scheme - Short Duration Fund offered by Union Mutual Fund under the Direct plan with the Dividend option. It has approximately 14 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.
The current NAV of Union Short Term Fund - Direct Plan - Daily Dividend Option is ₹1008.9112 (as of 18 Jan 2019). Historically, it has delivered 0.71% over the last year, 0.24% CAGR over 3 years, 0.14% CAGR over 5 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 0.3% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of Union Short Term Fund - Direct Plan - Daily Dividend Option?+
The latest NAV of Union Short Term Fund - Direct Plan - Daily Dividend Option is ₹1008.9112 as of 18 Jan 2019, up 0.00% from the previous day. NAV is updated once a business day after the market close.
What are the returns of Union Short Term Fund - Direct Plan - Daily Dividend Option?+
Union Short Term Fund - Direct Plan - Daily Dividend Option has delivered 1-year return 0.71%, 3-year CAGR 0.24%, 5-year CAGR 0.14%, since-inception CAGR 0.12%. Returns are historical and don't predict future performance — markets move in cycles.
What category does Union Short Term Fund - Direct Plan - Daily Dividend Option belong to?+
Union Short Term Fund - Direct Plan - Daily Dividend Option is categorised as Debt Scheme - Short Duration Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.
How risky is Union Short Term Fund - Direct Plan - Daily Dividend Option?+
Based on its 3-year annualised volatility of 0.3%, Union Short Term Fund - Direct Plan - Daily Dividend Option sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Union Short Term Fund - Direct Plan - Daily Dividend Option a direct plan?+
Union Short Term Fund - Direct Plan - Daily Dividend Option is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).
How old is Union Short Term Fund - Direct Plan - Daily Dividend Option?+
Union Short Term Fund - Direct Plan - Daily Dividend Option has NAV history available from 2 Jan 2013 — approximately 14 years of track record and 1,455 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.