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union gilt fund directgrowth
Union Mutual Fund

Union Gilt Fund Direct-Growth

Debt: Gilt - Growth (Open ended)
Union Gilt Fund Direct-GrowthNAV: 12.43 as on 06 Sep, 2026
Risk levelCategoryBenchmark
Copyright © 2026 sharpely. All rights reserved.
Factsheet
SEBI Riskometer: ModerateCategory: Debt: GiltBenchmark: CRISIL Dynamic Gilt IndexCheck Portfolio Overlap →
NAV: ₹12.43+0.08%
07 Sept 2026
1 Week returns: -0.07 %
Category rank: 25/27
1 Month returns: -1.13 %
Category rank: 27/27
1 Year CAGR: 1.26 %
Category rank: 27/27
3 Years CAGR: 5.13 %
Category rank: 23/23
5 Years CAGR: -
Category rank: -
52 week high/low
₹11.81
₹12.69
AUM
81.29
Expense Ratio
0.65
Inception
1660694.00
Credit Risk
Low
IR Risk
-
YTM
7.54
Duration
11.30
Maturity
-
Return 1M
-1.13
Return 1Y
1.26
Return 3Y
5.13
Return 5Y
-

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Relatively low expense ratio

Expense ratio of the scheme (0.65%) is lower than average expense ratio of the category (0.95%), excluding index funds and ETFs

This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Negative
3-year performance is in the bottom 25th percentile

3-year CAGR of 5.13% is in the bottom 25th percentile in its category - Debt: Gilt

This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category

What is CAGR (3Y)?

Relatively high volatility

Volatility of scheme returns is significantly higher than average volatility of the category

This measures the volatility of monthly returns of the scheme (in the last 3 years) with respect to average volatility of the category. Higher number implies that scheme has been riskier that average category risk

What is Volatility (3Y)?

Neutral
Moderate performance consistency

The scheme was a top-quartile (25%) performer in 6.0 out of last 12 quarters

This is measured as the number of quarters, in the last 12 quarters, that the scheme was in the top quartile (25th percentile). Higher number implies that scheme has been a consistent performer

What is Consistency (quarterly)?

Scheme Overview

The scheme seeks to generate income through investment in a portfolio comprising of government securities of various maturities.

Scheme Category Overview →

Plan Variants

Union Gilt Fund Direct-IDCW Half Yearly
Plan
IDCW Half Yearly
Payout
Half-Yearly
Union Gilt Fund Direct-IDCW Yearly
Plan
IDCW Yearly
Payout
Annual

Fund Managers

Parijat Agrawal
Since: 18 Jul 2022
View details
Anindya Sarkar
Since: 18 Jul 2022
View details
Education
Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM
Past Experience
Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.

Key Scheme Details

Inception
16 Aug 2022
Expense Ratio
0.65%
AUM
₹81.29 Cr
Lock in
No lock in
Taxation
Debt
Min. Investment
₹1,000
Min. Addl Investment
-
Min. SIP Investment
₹500
Exit load
-

AMC Overview

Union Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Jul 31, 2026
Total AUM: ₹ 27,930 Cr
Equity
₹ 14,182 Cr
Debt
₹ 10,137 Cr
Hybrid
₹ 3,339 Cr
Commodities
₹ 272 Cr
Dec 31, 2021Jan 31, 2022Feb 28, 2022Mar 31, 2022Apr 30, 2022May 31, 2022Jun 30, 2022Jul 31, 2022Aug 31, 2022Sep 30, 2022Oct 31, 2022Nov 30, 2022Dec 31, 2022Jan 31, 2023Feb 28, 2023Mar 31, 2023Apr 30, 2023May 31, 2023Jun 30, 2023Jul 31, 2023Aug 31, 2023Sep 30, 2023Oct 31, 2023Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Jul 31, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026Jul 31, 2026
equity3,299 Cr3,292 Cr3,237 Cr3,483 Cr3,543 Cr3,524 Cr3,518 Cr4,161 Cr4,447 Cr4,571 Cr4,801 Cr4,458 Cr4,785 Cr4,719 Cr4,751 Cr4,783 Cr5,035 Cr5,302 Cr5,584 Cr5,903 Cr6,086 Cr6,708 Cr6,716 Cr7,316 Cr7,712 Cr8,054 Cr8,241 Cr8,687 Cr9,171 Cr9,327 Cr10,129 Cr10,513 Cr11,001 Cr11,246 Cr10,815 Cr11,030 Cr11,632 Cr10,797 Cr9,902 Cr10,763 Cr11,042 Cr11,606 Cr12,141 Cr11,997 Cr11,905 Cr12,242 Cr12,729 Cr12,719 Cr12,916 Cr12,518 Cr12,784 Cr11,505 Cr12,947 Cr13,246 Cr13,860 Cr14,182 Cr
hybrid2,617 Cr2,618 Cr2,605 Cr2,658 Cr2,646 Cr2,624 Cr2,649 Cr2,763 Cr2,752 Cr2,702 Cr2,731 Cr2,707 Cr2,569 Cr2,507 Cr2,478 Cr2,448 Cr2,462 Cr2,478 Cr2,503 Cr2,522 Cr2,454 Cr2,464 Cr2,411 Cr2,487 Cr2,622 Cr2,640 Cr2,651 Cr2,635 Cr2,663 Cr2,682 Cr2,782 Cr2,788 Cr2,585 Cr3,449 Cr3,333 Cr3,336 Cr3,287 Cr3,195 Cr3,047 Cr3,216 Cr3,250 Cr3,221 Cr3,337 Cr3,266 Cr3,233 Cr3,213 Cr3,297 Cr3,291 Cr3,290 Cr3,326 Cr3,391 Cr3,111 Cr3,293 Cr3,273 Cr3,339 Cr3,339 Cr
debt2,436 Cr2,379 Cr1,896 Cr1,693 Cr1,984 Cr1,951 Cr2,053 Cr2,158 Cr2,553 Cr2,152 Cr2,380 Cr2,576 Cr2,490 Cr2,763 Cr2,767 Cr2,431 Cr2,668 Cr3,356 Cr3,265 Cr3,822 Cr4,293 Cr3,741 Cr4,229 Cr3,837 Cr3,295 Cr3,752 Cr3,915 Cr3,242 Cr3,592 Cr4,188 Cr3,966 Cr5,502 Cr6,170 Cr4,496 Cr6,514 Cr5,285 Cr4,865 Cr6,314 Cr6,539 Cr4,722 Cr6,420 Cr6,114 Cr4,927 Cr7,228 Cr8,470 Cr7,290 Cr9,164 Cr10,339 Cr8,352 Cr10,038 Cr10,639 Cr8,511 Cr10,808 Cr11,893 Cr9,101 Cr10,137 Cr
commodities--------------------------------------61 Cr136 Cr139 Cr145 Cr137 Cr141 Cr148 Cr163 Cr182 Cr192 Cr201 Cr261 Cr264 Cr312 Cr315 Cr328 Cr279 Cr272 Cr
Total8,353 Cr8,289 Cr7,738 Cr7,834 Cr8,173 Cr8,099 Cr8,220 Cr9,083 Cr9,752 Cr9,425 Cr9,912 Cr9,741 Cr9,844 Cr9,989 Cr9,996 Cr9,662 Cr10,165 Cr11,136 Cr11,352 Cr12,247 Cr12,833 Cr12,913 Cr13,356 Cr13,640 Cr13,630 Cr14,447 Cr14,808 Cr14,564 Cr15,426 Cr16,197 Cr16,877 Cr18,804 Cr19,756 Cr19,191 Cr20,662 Cr19,651 Cr19,784 Cr20,306 Cr19,549 Cr18,837 Cr20,851 Cr21,086 Cr20,541 Cr22,632 Cr23,755 Cr22,908 Cr25,372 Cr26,541 Cr24,759 Cr26,143 Cr27,079 Cr23,439 Cr27,363 Cr28,740 Cr26,579 Cr27,930 Cr

AMC Details

AMC
Union Mutual Fund
CEO
Rajkamal Tiwari(Chief Executive Officer)
CIO
Harshad Patwardhan(Chief Investment Officer)
Trustee
Union Trustee Company Pvt.Ltd.
Address
Unit 503, 5th Floor,, Leela Business Park, Andheri Kurla Road,, Andheri (East), Mumbai

Frequently Asked Questions

What is the current NAV of Union Gilt Fund Direct-Growth?
The current NAV of Union Gilt Fund Direct-Growth is ₹12.43 as of 6 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of Union Gilt Fund Direct-Growth?
The AUM (Assets Under Management) of Union Gilt Fund Direct-Growth is ₹81.29 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Union Gilt Fund Direct-Growth?
The expense ratio of Union Gilt Fund Direct-Growth is 0.65% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of Union Gilt Fund Direct-Growth?
Union Gilt Fund Direct-Growth is managed by Parijat Agrawal, Anindya Sarkar. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Union Gilt Fund Direct-Growth?
The benchmark of Union Gilt Fund Direct-Growth is CRISIL Dynamic Gilt Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Union Gilt Fund Direct-Growth launched?
Union Gilt Fund Direct-Growth was launched on 16 Aug 2022. The fund has been in existence for 4 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Union Gilt Fund Direct-Growth?
The minimum investment in Union Gilt Fund Direct-Growth is ₹1,000 for a lump sum and ₹500 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on Union Gilt Fund Direct-Growth?
The exit load on Union Gilt Fund Direct-Growth is shown in the Scheme Overview section above. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does Union Gilt Fund Direct-Growth belong to?
Union Gilt Fund Direct-Growth belongs to the Debt: Gilt category. You can view other funds in this category.