What is the current price / NAV of Union Money Market Fund(M-IDCW Reinvest)?
The current NAV of Union Money Market Fund(M-IDCW Reinvest) is ₹1011.94, as of 22nd October 2026.What are the returns of Union Money Market Fund(M-IDCW Reinvest)?
The Union Money Market Fund(M-IDCW Reinvest) was launched on 26th August 2021. This mutual fund's past returns are as follows:- 1 Year Returns: -0.13%
- 3 Year Returns: 0.22%
- 5 Year Returns: 0.20%
What are the top 5 sectoral holdings of Union Money Market Fund(M-IDCW Reinvest)?
The top sectors Union Money Market Fund(M-IDCW Reinvest) has invested in are as follows:- Public Banks | 32.04%
- Private Banks | 26.06%
- Specialized Finance | 19.47%
- G-Sec | 12.15%
- Home Financing | 10.84%
What are the top 5 holdings of Union Money Market Fund(M-IDCW Reinvest)?
The top 5 holdings for Union Money Market Fund(M-IDCW Reinvest) are as follows:- LIC Housing Finance Ltd.** | 6.49%
- Indian Bank | 4.41%
- Axis Bank Ltd.** | 4.35%
- Mahindra Rural Housing Finance Ltd.** | 4.35%
- Axis Bank Ltd.** | 4.34%
What is the asset allocation of Union Money Market Fund(M-IDCW Reinvest)?
The asset allocation for Union Money Market Fund(M-IDCW Reinvest) is as follows:- Certificate of Deposit | 58.11%
- Commercial Paper | 36.77%
- Treasury Bills | 9.47%
- Government Securities | 2.69%
- N/A | 0.24%
What is the AUM of Union Money Market Fund(M-IDCW Reinvest)?
The AUM (i.e. assets under management) of Union Money Market Fund(M-IDCW Reinvest) is ₹1120.46 Cr as of 22nd October 2026.What is the base expense ratio of Union Money Market Fund(M-IDCW Reinvest)?
The base expense ratio of Union Money Market Fund(M-IDCW Reinvest) Plan is 0.14 as of 22nd October 2026.What is the alpha ratio of Union Money Market Fund(M-IDCW Reinvest)?
The alpha ratio for the Union Money Market Fund(M-IDCW Reinvest) is 0.89
Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.
What is the volatility or standard deviation of Union Money Market Fund(M-IDCW Reinvest)?
The volatility or standard deviation for the Union Money Market Fund(M-IDCW Reinvest) is 0.47
Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.
What is the sharpe ratio of Union Money Market Fund(M-IDCW Reinvest)?
The Sharpe ratio for the Union Money Market Fund(M-IDCW Reinvest) is 4.46
The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.
What is the Sortino ratio of Union Money Market Fund(M-IDCW Reinvest)?
The Sortino Ratio for the Union Money Market Fund(M-IDCW Reinvest) is 0.55
The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.
Union Money Market Fund(M-IDCW Reinvest) Direct IDCW
Scorecard
Performance
LowHasn’t fared well - amongst the low performers in sub-category
Risk
AvgAverage risk vs others in sub-category
Cost
AvgMarket standard costs, nothing exciting
Composition
AvgAverage allocation strategy, nothing exciting
Red flags
LowWe got you covered, no major red flags identified
How to use scorecard? Learn more
Union Money Market Fund(M-IDCW Reinvest) Direct IDCW
IDCW
₹1,011.940.03% (-0.32)
High
—
—
Low
—
—
Returns
—
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1M
6M
1Y
3Y
5Y
Max
SIP
Scorecard
Performance
LowHasn’t fared well - amongst the low performers in sub-category
Risk
AvgAverage risk vs others in sub-category
Cost
AvgMarket standard costs, nothing exciting
Composition
AvgAverage allocation strategy, nothing exciting
Red flags
LowWe got you covered, no major red flags identified
How to use scorecard? Learn more
Union Money Market Fund(M-IDCW Reinvest) Performance & Key Metrics
Union Money Market Fund(M-IDCW Reinvest) Performance & Key Metrics
| No LabelNo Label | Base Expense RatioBase Exp. Ratio | No LabelNo Label |
|---|---|---|
| 0.17 | 0.14 | 4.46 |
| No LabelNo Label | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.29 | 3.23 | 7.01 |
Union Money Market Fund(M-IDCW Reinvest) Scheme InfoUnion Money Market Fund(M-IDCW Reinvest) Scheme Info
| PlanPlan | Lock inLock in Lock in Period Period before which your investment can't be withdrawn from the MF scheme | Exit LoadExit Load Exit Load The fee that the AMC charges investors at the time of exiting or redeeming their fund units. |
|---|---|---|
| IDCW | 0 yrs | 0.00% |
| SIP Inv.SIP Inv. Sip Investment If SIP investments are allowed in the fund or not | Min. LumpsumMin. Lumpsum Minimum Lumpsum Inv Amount Minimum investment the AMC allows in the given scheme via lumpsum route |
|---|---|
| Allowed | ₹ 5,000 |
| BenchmarkBenchmark Benchmark Index Benchmark index wrt which performance of the fund is tracked |
|---|
| CRISIL Money Market Index |
About Money Market Fund
About Money Market Fund
Money market funds are debt funds. They invest in short-term sebt securities such as treasury bills and commercial papers. They generally maintain high levels of liquidity.
Union Money Market Fund(M-IDCW Reinvest) Peers
Union Money Market Fund(M-IDCW Reinvest) Peers & Comparison
Comparing 3 mutual funds from
DebtMoney Market Fund
DebtMoney Market Fund
Returns
Scheme
Ratios
| Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
|---|---|---|---|
| Union Money Market Fund(M-IDCW Reinvest) | -0.13% | 0.22% | 0.23% |
| Tata Money Market Fund(DD-IDCW) | -0.09% | -0.03% | -0.01% |
| ICICI Pru Money Market Fund(IDCW-Payout) | 6.33% | 7.30% | 5.21% |
| SBI Money Market Fund(W-IDCW Payout) | 3.15% | 6.37% | 2.82% |
Union Money Market Fund(M-IDCW Reinvest) Returns Comparison
Compare Union Money Market Fund(M-IDCW Reinvest) with any MF, ETF, stock or indexCompare Union Money Market Fund(M-IDCW Reinvest) with any MF, ETF, stock or index
Union Money Market Fund(M-IDCW Reinvest)
Hmm, looks like data is unavailable here. Please come back after some timeUnion Money Market Fund(M-IDCW Reinvest) Portfolio
Union Money Market Fund(M-IDCW Reinvest) Asset Allocation
Union Money Market Fund(M-IDCW Reinvest) Asset Allocation
Actual
Target
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Union Money Market Fund(M-IDCW Reinvest) Sector Distribution
Union Money Market Fund(M-IDCW Reinvest) Sector Distribution
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Union Money Market Fund(M-IDCW Reinvest) Sector Weightage
Union Money Market Fund(M-IDCW Reinvest) Sector Weightage
Public Banks
Public Banks as a % of total holdings for last six quarters
Union Money Market Fund(M-IDCW Reinvest) Current Holdings
Union Money Market Fund(M-IDCW Reinvest) Current Holdings
Debt
Others
- ConstituentHolding Weight3M Change
Holdings
6.49 %
1.61 %Holdings
4.41 %
-0.56 %Holdings
4.35 %
-0.55 %
AMC Profile of Union Money Market Fund(M-IDCW Reinvest)
AMC Profile of Union Money Market Fund(M-IDCW Reinvest)
Union Asset Management Company Pvt. Ltd (the AMC) is the approved Asset Management Company of Union Mutual Fund which was granted a Certificate of Registration by the SEBI in March 2011.
Union Asset Management Company Pvt. Ltd (the AMC) is the approved Asset Management Company of Union Mutual Fund which was granted a Certificate of Registration by the SEBI in March 2011.
No.of Schemes
31
Total AUM
₹ 25,690.43 Cr.
Union Money Market Fund(M-IDCW Reinvest) Manager Details
Union Money Market Fund(M-IDCW Reinvest) Manager Details
Union Money Market Fund(M-IDCW Reinvest) Manager Profile
Union Money Market Fund(M-IDCW Reinvest) Manager Profile
Union Money Market Fund(M-IDCW Reinvest) Manager Performance (0)
Union Money Market Fund(M-IDCW Reinvest) Manager Performance (0)
Debt: Money Market Fund
Union Money Market Fund(M-IDCW Reinvest) Review & Opinions
Union Money Market Fund(M-IDCW Reinvest) Review & Opinions
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