Union Low Duration Fund Direct-Growth
Debt: Low Duration - Growth (Open ended) Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Low DurationBenchmark: NIFTY Low Duration Debt Index A-I
NAV: ₹10.59+0.05%
16 Jul 2026
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Expense ratio of the scheme (0.26%) is lower than average expense ratio of the category (0.65%), 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?
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
The scheme seeks 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.