MF Gyan
debtUnknown risk5 years old

Union Money Market Fund - Direct Plan - Daily IDCW 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 27 Aug 2021.

Latest price per unit
₹1,000.0024
▲ 0.00% today
As of 17 Sep 2021 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 86 other funds in Debt Scheme - Money Market Fund

Same plan
Worst-ever drop
0.00%median -1.23% (+1.23%)
Rank #87 of 87Less risky than 0% of peers

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.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
—

Not enough history to measure.

Worst drop ever
0.00%

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 Money Market Fund - Direct Plan - Daily IDCW Option against other debt funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch0.00%
Volatility — 1 year (annualised)—
Volatility — 3 years (annualised)—
Max drawdown — 1 year0.00%
Max drawdown — 3 years0.00%
Sharpe ratio — 1 year (rf=6%)—
Sharpe ratio — 3 years (rf=6%)—

Fund info

Fund house
Union Mutual Fund
Category
Debt Scheme - Money Market Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
149119
First price on record
27 Aug 2021 · 15 daily prices

About Union Money Market Fund - Direct Plan - Daily IDCW Option

Union Money Market Fund - Direct Plan - Daily IDCW Option is a Debt Scheme - Money Market Fund offered by Union Mutual Fund under the Direct plan with the IDCW option. It has approximately 5 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 Money Market Fund - Direct Plan - Daily IDCW Option is ₹1000.0024 (as of 17 Sep 2021). Returns are historical and don't predict future performance.

its deepest peak-to-trough fall on record was 0.0%. 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 Money Market Fund - Direct Plan - Daily IDCW Option?+

The latest NAV of Union Money Market Fund - Direct Plan - Daily IDCW Option is ₹1000.0024 as of 17 Sep 2021, up 0.00% from the previous day. NAV is updated once a business day after the market close.

What category does Union Money Market Fund - Direct Plan - Daily IDCW Option belong to?+

Union Money Market Fund - Direct Plan - Daily IDCW Option is categorised as Debt Scheme - Money Market Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

Is Union Money Market Fund - Direct Plan - Daily IDCW Option a direct plan?+

Union Money Market Fund - Direct Plan - Daily IDCW 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 Money Market Fund - Direct Plan - Daily IDCW Option?+

Union Money Market Fund - Direct Plan - Daily IDCW Option has NAV history available from 27 Aug 2021 — approximately 5 years of track record and 15 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.