Union Short Duration Fund
Short Duration Fund · Union Asset Management Company Private Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹99,490. Its ride has historically been comparatively steady.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Union Short Duration Fund is a short duration fund from Union Asset Management Company Private Limited. It has a track record of about 1.6 years. As of the latest data it carries an RS rating of 56/99 (its recent momentum versus category peers). The current NAV is ₹11.06 (as of 2026-09-16).
Growth of ₹100 - last 2 years
Union Short Duration Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -0.16% | -0.05% |
| 3 months | 1.04% | 1.33% |
| 6 months | 2.65% | 2.93% |
| 1 year | 5.05% | 5.66% |
Its trailing one-year return is 5.05%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Union Short Duration F | Benchmark |
|---|---|---|
| 2026 | +3.4% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -0.51% | -3.48% |
| Worst drawdown (3Y) | -0.51% | -0.52% |
| Volatility (1Y) | 1.57% | 1.48% |
| Sharpe (3Y) | -0.07 | 0.83 |
| Bull-market return | 9.3% | 7.56% |
| Bear-market return | 9.1% | 8.33% |
The worst peak-to-bottom fall Union Short Duration Fund has ever put investors through is -0.51% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about 9.1% annualised, versus 9.3% in rising markets.
How Union Short Duration Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Union Short Duration Fund has historically returned about 9.1% annualised, versus roughly 9.3% when the market is rising. Its deepest fall on record is -0.51%. Right now it sits about 0.16% below its all-time high (last hit 2026-08-14). The real question isn't the average year - it's whether you could hold on through the worst one.
How Union Short Duration Fund ranks in its category
Percentile versus its ~148 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
Who manages Union Short Duration Fund - and how good are they?
Union Short Duration Fund is managed by Anindya Sarkar and Shrenuj Parekh. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Anindya Sarkar's full record
Anindya Sarkar currently runs 3 funds, across FoF Domestic, Multi Asset Allocation, Short Duration Fund, with about ₹1,057 Cr under management.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Union Multi Asset Allocation Fund | 62 | n/a | 0.2% | 1.8% | 10.2% | n/a | n/a | n/a | 0.31 | n/a | -10.0% |
| 2 | Union Short Duration Fund (this page) | 56 | n/a | 1.0% | 2.6% | 5.0% | n/a | n/a | n/a | -0.07 | n/a | -0.5% |
| 3 | Union Income Plus Arbitrage Active FOF | 40 | n/a | 1.3% | 2.5% | 4.7% | n/a | n/a | n/a | -1.21 | n/a | -1.0% |
Shrenuj Parekh's full record
Shrenuj Parekh currently runs 2 funds, across FoF Domestic, Short Duration Fund, with about ₹94 Cr under management.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Union Short Duration Fund (this page) | 56 | n/a | 1.0% | 2.6% | 5.0% | n/a | n/a | n/a | -0.07 | n/a | -0.5% |
| 2 | Union Income Plus Arbitrage Active FOF | 40 | n/a | 1.3% | 2.5% | 4.7% | n/a | n/a | n/a | -1.21 | n/a | -1.0% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.28% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹1000 |
| Fund size (AUM) | ₹29 Cr |
| Age | 1.6 years |
| Plan / Option | Direct · Growth |
How Union Short Duration Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| Mahindra Manulife Short Duration Fund | 94 | 89 | 7.7% |
| Axis Short Duration Fund | 96 | 86 | 7.8% |
| Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) | 87 | 86 | 7.4% |
| Bandhan Short Duration Fund | 99 | 85 | 7.7% |
| Baroda BNP Paribas Short Duration Fund | 95 | 84 | 7.5% |
| ICICI Prudential Short Term Fund | 97 | 83 | 7.8% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Union Short Duration Fund review: the bottom line
Related
Frequently asked questions
Is Union Short Duration Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Union Short Duration Fund scores RS 56/99 within its category, and its worst drawdown was -0.51%. Compare those against your needs and the peer table above.
What is the NAV of Union Short Duration Fund today?
The latest NAV is ₹11.06 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Union Short Duration Fund?
The Direct-plan expense ratio is 0.28% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Union Short Duration Fund?
Union Short Duration Fund is managed by Anindya Sarkar; Shrenuj Parekh.
Is Union Short Duration Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -0.51% - ₹1 lakh briefly becoming about ₹99,490. As a debt fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Union Short Duration Fund tax-efficient / what about capital gains?
As a debt fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Union Short Duration Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.