Union Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 17
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹1187.33(R) +0.01% ₹1215.64(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.66% 5.61% -% -% -%
LumpSum (D) 7.44% 6.36% -% -% -%
SIP (R) -38.4% 0.84% -% -% -%
SIP (D) -37.91% 1.64% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.83 -0.65 0.55 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.43% 0.0% 0.0% - 0.34%
Top Money Market Fund
Fund Name Rank Rating
Aditya Birla Sun Life Money Manager Fund 1
Nippon India Money Market Fund 2
Uti Money Market Fund 3
Axis Money Market Fund 4

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Union Money Market Fund - Regular Plan - Daily IDCW Option 1002.16
0.0000
0.0000%
Union Money Market Fund - Regular Plan - Monthly IDCW Option 1005.4
0.1400
0.0100%
Union Money Market Fund - Direct Plan - Monthly IDCW Option 1005.49
0.1600
0.0200%
Union Money Market Fund - Regular Plan - Growth Option 1187.33
0.1700
0.0100%
Union Money Market Fund - Direct Plan - Growth Option 1215.64
0.2000
0.0200%

Review Date: 20-12-2024

Union Money Market Fund has shown poor performance in the Money Market Fund category. The fund has rank of 17 out of 18 funds in the category. The fund has delivered return of 6.66% in 1 year and 5.61% in 3 years. The category average for the same periods is 7.33% and 6.22% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 0.43. The category average for the same parameter is 0.52 The fund has low risk in the category.
  • Sharpe ratio of the fund is -2.83 which shows poor performance of fund in the money market fund category.


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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.48
    0.51
    		0.44 | 0.54 19 | 22 Poor
    3M Return % 1.61
    1.73
    		1.38 | 1.82 20 | 22 Poor
    6M Return % 3.26
    3.52
    		2.80 | 3.69 20 | 22 Poor
    1Y Return % 6.66
    7.33
    		6.07 | 7.75 20 | 22 Poor
    3Y Return % 5.61
    6.22
    		5.31 | 6.65 16 | 18 Poor
    1Y SIP Return % -38.40
    -38.03
    		-38.89 | -37.79 20 | 22 Poor
    3Y SIP Return % 0.84
    1.55
    		0.71 | 1.94 17 | 18 Poor
    Standard Deviation 0.43
    0.52
    		0.43 | 0.68 1 | 18 Very Good
    Semi Deviation 0.34
    0.42
    		0.34 | 0.58 1 | 18 Very Good
    Max Drawdown % 0.00
    -0.05
    		-0.40 | 0.00 12 | 18 Average
    Average Drawdown % 0.00
    -0.05
    		-0.40 | 0.00 12 | 18 Average
    Sharpe Ratio -2.83
    -1.21
    		-2.83 | -0.47 18 | 18 Poor
    Sterling Ratio 0.55
    0.61
    		0.50 | 0.66 16 | 18 Poor
    Sortino Ratio -0.65
    -0.34
    		-0.65 | -0.15 18 | 18 Poor
    Return data last Updated On : Dec. 20, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.54 0.53 0.51 | 0.55 10 | 22
    3M Return % 1.79 1.81 1.49 | 1.87 19 | 22
    6M Return % 3.64 3.68 3.03 | 3.81 21 | 22
    1Y Return % 7.44 7.68 6.53 | 7.99 21 | 22
    3Y Return % 6.36 6.58 6.30 | 6.86 15 | 18
    1Y SIP Return % -37.91 -37.82 -38.60 | -37.66 21 | 22
    3Y SIP Return % 1.64 1.91 1.64 | 2.17 18 | 18
    Standard Deviation 0.43 0.52 0.43 | 0.68 1 | 18
    Semi Deviation 0.34 0.42 0.34 | 0.58 1 | 18
    Max Drawdown % 0.00 -0.05 -0.40 | 0.00 12 | 18
    Average Drawdown % 0.00 -0.05 -0.40 | 0.00 12 | 18
    Sharpe Ratio -2.83 -1.21 -2.83 | -0.47 18 | 18
    Sterling Ratio 0.55 0.61 0.50 | 0.66 16 | 18
    Sortino Ratio -0.65 -0.34 -0.65 | -0.15 18 | 18
    Return data last Updated On : Dec. 20, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
    KPIs: Key Performance Indicators

    Investment Period Regular Direct
    Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
    1D 0.01 ₹ 10,001.00 0.02 ₹ 10,002.00
    1W 0.11 ₹ 10,011.00 0.12 ₹ 10,012.00
    1M 0.48 ₹ 10,048.00 0.54 ₹ 10,054.00
    3M 1.61 ₹ 10,161.00 1.79 ₹ 10,179.00
    6M 3.26 ₹ 10,326.00 3.64 ₹ 10,364.00
    1Y 6.66 ₹ 10,666.00 7.44 ₹ 10,744.00
    3Y 5.61 ₹ 11,780.00 6.36 ₹ 12,033.00
    5Y ₹ ₹
    7Y ₹ ₹
    10Y ₹ ₹
    15Y ₹ ₹

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

    Investment Period Invested Amount Regular Direct
    XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
    1Y ₹ 12000 -38.40 ₹ 9,321.47 -37.91 ₹ 9,358.88
    3Y ₹ 36000 0.84 ₹ 36,471.24 1.64 ₹ 36,918.29
    5Y ₹ 60000 ₹ ₹
    7Y ₹ 84000 ₹ ₹
    10Y ₹ 120000 ₹ ₹
    15Y ₹ 180000 ₹ ₹


    Date Union Money Market Fund NAV Regular Growth Union Money Market Fund NAV Direct Growth
    20-12-2024 1187.327 1215.6447
    19-12-2024 1187.1578 1215.4468
    18-12-2024 1187.0359 1215.2973
    17-12-2024 1186.8696 1215.1024
    16-12-2024 1186.6737 1214.8771
    13-12-2024 1186.0165 1214.1303
    12-12-2024 1185.9555 1214.0432
    11-12-2024 1185.8393 1213.8996
    10-12-2024 1185.6369 1213.6678
    09-12-2024 1185.4363 1213.4378
    06-12-2024 1184.849 1212.7619
    05-12-2024 1184.5878 1212.4699
    04-12-2024 1184.2948 1212.1453
    03-12-2024 1184.0883 1211.9095
    02-12-2024 1183.9247 1211.7175
    29-11-2024 1183.2957 1210.9995
    28-11-2024 1183.0418 1210.7152
    27-11-2024 1182.8742 1210.5191
    26-11-2024 1182.666 1210.2816
    25-11-2024 1182.4668 1210.0532
    22-11-2024 1181.8837 1209.3826
    21-11-2024 1181.6858 1209.1555

    Fund Launch Date: 25/Aug/2021
    Fund Category: Money Market Fund
    Investment Objective: The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising of money market instruments. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
    Fund Description: An open ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk
    Fund Benchmark: CRISIL Money Market Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.