Income-oriented debt or money-market exposure
The Investment objective of the scheme is to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns such that the Macaulay Duration of the portfolio is between 6 months to 12 months.There is no assurance that the investment objective of the Scheme will be achieved
Investors matching the scheme's duration and credit profile to their time horizon.
Interest-rate, credit, liquidity and reinvestment risk; debt funds are not fixed deposits.
How the money may be invested
Debt and Money Market Instruments including Government Securities* : 0%-100% of total assets *Debt instruments shall be deemed to include securitised debt and investment in securitised debts shall be upto 50% of the net assets of the Scheme. Please refer the Scheme Information Document for more details.
- SEBI category
- Debt Scheme - Ultra Short to Short Term Fund
- Fund type
- An open ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months. Please refer Page No. 21 of the SID for concept of Macaulay Duration. A relatively high interest rate risk and moderate credit risk.
- Primary benchmark
- Nifty Low Duration Debt Index A-I $ $ Nifty Benchmark Disclaimer: The Product(s) are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited ("IISL")). NSE INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the Nifty Low Duration Debt Index A-I to track general stock market performance in India. The relationship of NSE INDICES LIMITED to the Issuer is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NSE INDICES LIMITED without regard to the Issuer or the Product(s). NSE INDICES LIMITED does not have any obligation to take the needs of the Issuer or the owners of the Product(s) into consideration in determining, composing or calculating the Nifty Low Duration Debt Index A-I Index. NSE INDICES LIMITED is not responsible for or has participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. NSE INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Product(s). Please refer the Scheme Information Document for more details.
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Anindya Sarkar · Mr. Devesh Thacker
- Manager tenure on this scheme
- Mr. Anindya Sarkar — since 01-08-2025 · Mr. Devesh Thacker — since since inception of the fund (16-07-2025)
- Role / co-management
- Mr. Anindya Sarkar — Co-manage · Mr. Devesh Thacker — Co-manage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Union Ultra Short to Short Term Fund - Direct Plan - Growth Option | ₹10.6922 | 04 Sep 2026 |
| Union Ultra Short to Short Term Fund - Direct Plan - IDCW Option | ₹10.2395 | 04 Sep 2026 |
| Union Ultra Short to Short Term Fund - Regular Plan - Growth Option | ₹10.6046 | 04 Sep 2026 |
| Union Ultra Short to Short Term Fund - Regular Plan - IDCW Option | ₹10.1539 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.98%, Direct 0.26%
- Exit load
- NIL
- Minimum application
- 1000 · multiples of 1
- SIP frequency
- SIP - Daily, Weekly, Fortnightly and Monthly STP - Daily, Weekly, Fortnightly, Monthly ,Quarterly and Half yearly SWP - Daily, Monthly ,Quarterly, Half yearly and Yearly
- Minimum SIP amount
- SIP - Rs. 100 for daily SIP, Rs. 500 for weekly SIP, Rs. 500 for fortnightly SIP, Rs. 500 for monthly SIP STP - Rs. 100 for all frequencies SWP - Rs. 500 for all frequencies
- Minimum instalments
- SIP - 6 instalments for all frequencies STP - 6 instalments for all frequenciesSWP - 6 instalments for all frequencies
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.