Union Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 17
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹1192.97(R) +0.02% ₹1222.1(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.65% 5.7% -% -% -%
LumpSum (D) 7.43% 6.46% -% -% -%
SIP (R) -9.65% 4.47% -% -% -%
SIP (D) -9.01% 5.24% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.86 -0.65 0.56 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.41% 0.0% 0.0% - 0.33%
Top Money Market Fund
Fund Name Rank Rating
Uti Money Market Fund 1
Nippon India Money Market Fund 2
Aditya Birla Sun Life Money Manager Fund 3
Axis Money Market Fund 4

NAV Date: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
Union Money Market Fund - Regular Plan - Daily IDCW Option 1002.17
0.0000
0.0000%
Union Money Market Fund - Regular Plan - Monthly IDCW Option 1005.18
0.1900
0.0200%
Union Money Market Fund - Direct Plan - Monthly IDCW Option 1005.23
0.2100
0.0200%
Union Money Market Fund - Regular Plan - Growth Option 1192.97
0.2300
0.0200%
Union Money Market Fund - Direct Plan - Growth Option 1222.1
0.2500
0.0200%

Review Date: 17-01-2025

Union Money Market Fund has exhibited 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 6.65% in 1 year and 5.7% in 3 years. The category average for the same periods is 7.29% and 6.3% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 0.41. The category average for the same parameter is 0.51 The fund has low risk in the category.
  • Sharpe ratio of the fund is -2.86 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
    0.56
    		0.47 | 0.60 20 | 22 Poor
    3M Return % 1.55
    1.68
    		1.40 | 1.77 20 | 22 Poor
    6M Return % 3.21
    3.46
    		2.79 | 3.64 20 | 22 Poor
    1Y Return % 6.65
    7.29
    		5.99 | 7.70 20 | 22 Poor
    3Y Return % 5.70
    6.30
    		5.39 | 6.73 16 | 18 Poor
    1Y SIP Return % -9.65
    -9.20
    		-10.30 | -8.89 20 | 22 Poor
    3Y SIP Return % 4.47
    5.15
    		4.33 | 5.52 17 | 18 Poor
    Standard Deviation 0.41
    0.51
    		0.41 | 0.67 1 | 18 Very Good
    Semi Deviation 0.33
    0.42
    		0.33 | 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 -2.86
    -1.18
    		-2.86 | -0.45 18 | 18 Poor
    Sterling Ratio 0.56
    0.62
    		0.51 | 0.67 16 | 18 Poor
    Sortino Ratio -0.65
    -0.33
    		-0.65 | -0.15 18 | 18 Poor
    Return data last Updated On : Jan. 17, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.58 0.58 0.50 | 0.62 18 | 22
    3M Return % 1.74 1.76 1.51 | 1.82 15 | 22
    6M Return % 3.59 3.63 3.01 | 3.76 18 | 22
    1Y Return % 7.43 7.63 6.45 | 7.94 21 | 22
    3Y Return % 6.46 6.66 6.38 | 6.93 15 | 18
    1Y SIP Return % -9.01 -8.92 -9.92 | -8.71 21 | 22
    3Y SIP Return % 5.24 5.50 5.24 | 5.76 18 | 18
    Standard Deviation 0.41 0.51 0.41 | 0.67 1 | 18
    Semi Deviation 0.33 0.42 0.33 | 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 -2.86 -1.18 -2.86 | -0.45 18 | 18
    Sterling Ratio 0.56 0.62 0.51 | 0.67 16 | 18
    Sortino Ratio -0.65 -0.33 -0.65 | -0.15 18 | 18
    Return data last Updated On : Jan. 17, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 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 0.13 ₹ 10,013.00 0.14 ₹ 10,014.00
    1M 0.51 ₹ 10,051.00 0.58 ₹ 10,058.00
    3M 1.55 ₹ 10,155.00 1.74 ₹ 10,174.00
    6M 3.21 ₹ 10,321.00 3.59 ₹ 10,359.00
    1Y 6.65 ₹ 10,665.00 7.43 ₹ 10,743.00
    3Y 5.70 ₹ 11,811.00 6.46 ₹ 12,065.00
    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 -9.65 ₹ 11,362.57 -9.01 ₹ 11,404.98
    3Y ₹ 36000 4.47 ₹ 38,540.27 5.24 ₹ 38,994.08
    5Y ₹ 60000 ₹ ₹
    7Y ₹ 84000 ₹ ₹
    10Y ₹ 120000 ₹ ₹
    15Y ₹ 180000 ₹ ₹


    Date Union Money Market Fund NAV Regular Growth Union Money Market Fund NAV Direct Growth
    17-01-2025 1192.9714 1222.0976
    16-01-2025 1192.7458 1221.843
    15-01-2025 1192.4529 1221.5196
    14-01-2025 1192.1636 1221.1998
    13-01-2025 1192.0042 1221.0131
    10-01-2025 1191.4653 1220.3905
    09-01-2025 1191.1936 1220.0888
    08-01-2025 1191.1906 1220.0622
    07-01-2025 1191.1859 1220.0338
    06-01-2025 1191.0184 1219.8389
    03-01-2025 1190.4059 1219.1404
    02-01-2025 1190.2445 1218.9517
    01-01-2025 1189.9454 1218.622
    31-12-2024 1189.6989 1218.3461
    30-12-2024 1189.1123 1217.722
    27-12-2024 1188.4854 1217.0059
    26-12-2024 1188.1975 1216.6865
    24-12-2024 1187.7968 1216.2244
    23-12-2024 1187.7372 1216.1388
    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

    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.