Union Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 17
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹1181.33(R) +0.02% ₹1208.74(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.62% 5.51% -% -% -%
LumpSum (D) 7.4% 6.26% -% -% -%
SIP (R) -24.31% 2.61% -% -% -%
SIP (D) -23.74% 3.39% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.88 -0.65 0.54 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.45% 0.0% 0.0% - 0.35%
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
Tata Money Market Fund 4

NAV Date: 19-11-2024

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 1005.34
0.1500
0.0200%
Union Money Market Fund - Direct Plan - Monthly IDCW Option 1005.43
0.1700
0.0200%
Union Money Market Fund - Regular Plan - Growth Option 1181.33
0.1800
0.0200%
Union Money Market Fund - Direct Plan - Growth Option 1208.74
0.2100
0.0200%

Review Date: 19-11-2024

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 6.62% in 1 year and 5.51% in 3 years. The category average for the same periods is 7.32% and 6.13% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 0.45. The category average for the same parameter is 0.53 The fund has low risk in the category.
  • Sharpe ratio of the fund is -2.88 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 % 0.51
    0.55
    		0.42 | 0.57 20 | 22 Poor
    3M Return % 1.66
    1.79
    		1.37 | 1.88 20 | 22 Poor
    6M Return % 3.27
    3.54
    		2.77 | 3.72 20 | 22 Poor
    1Y Return % 6.62
    7.32
    		6.07 | 7.73 21 | 22 Poor
    3Y Return % 5.51
    6.13
    		5.23 | 6.57 16 | 18 Poor
    1Y SIP Return % -24.31
    -23.85
    		-24.89 | -23.56 20 | 22 Poor
    3Y SIP Return % 2.61
    3.31
    		2.50 | 3.71 17 | 18 Poor
    Standard Deviation 0.45
    0.53
    		0.45 | 0.68 1 | 18 Very Good
    Semi Deviation 0.35
    0.42
    		0.35 | 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 -2.88
    -1.29
    		-2.88 | -0.55 18 | 18 Poor
    Sterling Ratio 0.54
    0.60
    		0.50 | 0.65 16 | 18 Poor
    Sortino Ratio -0.65
    -0.36
    		-0.65 | -0.18 18 | 18 Poor
    Return data last Updated On : Nov. 19, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.56 0.57 0.45 | 0.59 19 | 22
    3M Return % 1.84 1.87 1.48 | 1.93 20 | 22
    6M Return % 3.64 3.70 2.99 | 3.83 21 | 22
    1Y Return % 7.40 7.67 6.53 | 7.97 21 | 22
    3Y Return % 6.26 6.49 6.20 | 6.77 16 | 18
    1Y SIP Return % -23.74 -23.59 -24.56 | -23.39 21 | 22
    3Y SIP Return % 3.39 3.68 3.39 | 3.94 18 | 18
    Standard Deviation 0.45 0.53 0.45 | 0.68 1 | 18
    Semi Deviation 0.35 0.42 0.35 | 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 -2.88 -1.29 -2.88 | -0.55 18 | 18
    Sterling Ratio 0.54 0.60 0.50 | 0.65 16 | 18
    Sortino Ratio -0.65 -0.36 -0.65 | -0.18 18 | 18
    Return data last Updated On : Nov. 19, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
    KPIs: Key Performance Indicators

    Investment Period Regular Direct
    Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
    1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
    1W 0.12 ₹ 10,012.00 0.13 ₹ 10,013.00
    1M 0.51 ₹ 10,051.00 0.56 ₹ 10,056.00
    3M 1.66 ₹ 10,166.00 1.84 ₹ 10,184.00
    6M 3.27 ₹ 10,327.00 3.64 ₹ 10,364.00
    1Y 6.62 ₹ 10,662.00 7.40 ₹ 10,740.00
    3Y 5.51 ₹ 11,747.00 6.26 ₹ 11,999.00
    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 -24.31 ₹ 10,348.21 -23.74 ₹ 10,388.29
    3Y ₹ 36000 2.61 ₹ 37,471.68 3.39 ₹ 37,919.95
    5Y ₹ 60000 ₹ ₹
    7Y ₹ 84000 ₹ ₹
    10Y ₹ 120000 ₹ ₹
    15Y ₹ 180000 ₹ ₹


    Date Union Money Market Fund NAV Regular Growth Union Money Market Fund NAV Direct Growth
    19-11-2024 1181.3302 1208.7425
    18-11-2024 1181.1497 1208.5333
    14-11-2024 1180.3868 1207.654
    13-11-2024 1180.1534 1207.3907
    12-11-2024 1179.9314 1207.1393
    11-11-2024 1179.727 1206.9057
    08-11-2024 1179.1508 1206.2426
    07-11-2024 1178.9606 1206.0236
    06-11-2024 1178.7106 1205.7434
    05-11-2024 1178.4932 1205.4966
    04-11-2024 1178.2148 1205.1873
    31-10-2024 1177.3851 1204.2519
    30-10-2024 1177.1241 1203.9607
    29-10-2024 1176.9245 1203.7321
    28-10-2024 1176.7236 1203.5023
    25-10-2024 1176.1456 1202.8641
    24-10-2024 1175.9597 1202.6496
    23-10-2024 1175.7553 1202.4162
    22-10-2024 1175.5972 1202.2301
    21-10-2024 1175.3608 1201.964

    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.