Union Ultra Short to Short Term Fund Direct-Growth
Debt: Ultra Short to Short Term - Growth (Open ended) Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Ultra Short to Short TermBenchmark: NIFTY Low Duration Debt Index A-ICheck Portfolio Overlap →
NAV: ₹10.7+0.05%
07 Sept 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Union Ultra Short to Short Term Fund Direct-Growth.
Historical Asset Allocation
| Asset | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 |
|---|---|---|---|---|---|---|
| Equity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Debt | 88.10% | 93.69% | 90.88% | 94.90% | 94.82% | 87.61% |
| Others (incl. cash) | 11.90% | 6.31% | 9.12% | 5.10% | 5.18% | 12.39% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
16
Top Holding %
11.90%
Top 5 Holdings %
39.58%
Top 10 Holdings %
73.43%
Modified Duration
0.91 yrs
Avg. Maturity
1.03 yrs
Yield to Maturity
7.03%
AUM
₹361 Cr
Expense Ratio
0.26%
Since Inception
6.07%
Max Drawdown
-0.00%
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 25,00,00,000 | 25.06 | 6.95% | -0.37%↓ |
| Bajaj Finance Ltd. | Financial | 25,00,00,000 | 24.95 | 6.92% | -0.36%↓ |
| National Bank For Agriculture & Rural Development | Financial | 25,00,00,000 | 24.93 | 6.91% | -0.37%↓ |
| Tata Capital Housing Finance Ltd. | Financial | 25,00,00,000 | 24.87 | 6.90% | -0.35%↓ |
| Power Finance Corporation Ltd. | Financial | 25,00,00,000 | 24.78 | 6.87% | -0.37%↓ |
| REC Ltd. | Financial | 25,00,00,000 | 24.67 | 6.84% | - |
| Punjab National Bank | Financial | 25,00,00,000 | 24.3 | 6.74% | -0.29%↓ |
| Canara Bank | Financial | 25,00,00,000 | 24.15 | 6.70% | -0.28%↓ |
| Axis Bank Ltd. | Financial | 25,00,00,000 | 24.17 | 6.70% | -0.29%↓ |
| HDFC Bank Ltd. | Financial | 25,00,00,000 | 24.17 | 6.70% | -0.29%↓ |
| ICICI Bank Ltd. | Financial | 25,00,00,000 | 24.12 | 6.69% | -0.28%↓ |
| Export-Import Bank Of India | Financial | 20,00,00,000 | 20.02 | 5.55% | - |
| Kotak Mahindra Bank Ltd. | Financial | 15,00,00,000 | 14.51 | 4.02% | -0.17%↓ |
| Reserve Bank of India | Financial | 10,00,00,000 | 9.97 | 2.76% | -0.13%↓ |
Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| AAA | 46.94% | 31.59% |
| A1+ | 37.55% | 25.06% |
| Cash & Call Money | 11.90% | 8.29% |
| SOV | 2.76% | 14.53% |
| Others | 0.85% | 1.14% |
| A | - | 0.01% |
| A+ | - | 0.45% |
| A- | - | 0.00% |
| AA | - | 5.23% |
| AA+ | - | 4.92% |
| AA- | - | 0.53% |
| B+ | - | 1.22% |
| BBB | - | 0.32% |
| Cash | - | -0.41% |
| D | - | 0.15% |
| Term Deposits | - | 0.02% |
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Jamnagar Utilities and Power Pvt. Ltd. | Debenture | 7.90% | 10/08/2028 | CRISIL AAA | 6.95% |
| Bajaj Finance Ltd. | Debenture | 7.80% | 10/12/2027 | CRISIL AAA | 6.92% |
| National Bank For Agriculture & Rural Development | Bonds | 7.48% | 15/09/2028 | CRISIL AAA | 6.91% |
| Tata Capital Housing Finance Ltd. | Non Convertible Debenture | 7.12% | 21/07/2027 | CRISIL AAA | 6.90% |
| Power Finance Corporation Ltd. | Debenture | 6.96% | 02/03/2028 | CRISIL AAA | 6.87% |
| REC Ltd. | Debenture | 6.52% | 31/01/2028 | [ICRA]AAA | 6.84% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 04/02/2027 | CRISIL A1+ | 6.74% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 05/03/2027 | CRISIL A1+ | 6.70% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 05/03/2027 | CRISIL A1+ | 6.70% |
| Canara Bank | Certificate of Deposit | 0.00% | 11/03/2027 | CRISIL A1+ | 6.70% |
| ICICI Bank Ltd. | Certificate of Deposit | 0.00% | 19/03/2027 | [ICRA]A1+ | 6.69% |
| Export-Import Bank Of India | Debenture | 7.45% | 12/04/2028 | CRISIL AAA | 5.55% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 05/03/2027 | CRISIL A1+ | 4.02% |
| Reserve Bank of India | Treasury Bills | 0.00% | 364-D 24/09/2026 | SOV | 2.76% |
Frequently Asked Questions
What are the top holdings of Union Ultra Short to Short Term Fund Direct-Growth?
The top holdings of Union Ultra Short to Short Term Fund Direct-Growth as of 31 Aug 2026 are Others (11.90%), Jamnagar Utilities and Power Pvt. Ltd. (6.95%), Bajaj Finance Ltd. (6.92%), National Bank For Agriculture & Rural Development (6.91%), Tata Capital Housing Finance Ltd. (6.90%). These top 5 stocks together account for 39.58% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does Union Ultra Short to Short Term Fund Direct-Growth hold in its portfolio?
Union Ultra Short to Short Term Fund Direct-Growth holds 16 stocks in its portfolio as of 31 Aug 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.
What is the sector allocation of Union Ultra Short to Short Term Fund Direct-Growth?
The sector allocation of Union Ultra Short to Short Term Fund Direct-Growth is shown in the Sector Allocation section above.
What is the equity and debt allocation of Union Ultra Short to Short Term Fund Direct-Growth?
As of 31 Aug 2026, Union Ultra Short to Short Term Fund Direct-Growth has 0.00% allocated to equity, and 88.10% to debt. You can also check the historical trends above.
What is the market cap allocation of Union Ultra Short to Short Term Fund Direct-Growth?
The market cap allocation of Union Ultra Short to Short Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the PE ratio of Union Ultra Short to Short Term Fund Direct-Growth's portfolio?
The portfolio PE ratio of Union Ultra Short to Short Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the credit quality of Union Ultra Short to Short Term Fund Direct-Growth?
As of 31 Aug 2026, Union Ultra Short to Short Term Fund Direct-Growth's debt portfolio has 46.94% in AAA-rated instruments, - in AA-rated, and 2.76% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.
When is the latest portfolio disclosure for Union Ultra Short to Short Term Fund Direct-Growth?
The latest portfolio disclosure for Union Ultra Short to Short Term Fund Direct-Growth is as of 31 Aug 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.