Union Liquid Fund
NAV : ₹ 2,420.228 as of 15 December, 2024
3Y Returns
▲6.34%
Overview
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Rating by Value Research
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,12,260 (+3.93%)
Disclaimer: Past performance is not an indicator of future returns
Top Holdings
| Name | Weight(%) |
|---|---|
Certificate of Deposit | 43.49% |
Commercial Paper | 35.93% |
Treasury Bills | 20.69% |
Money Market | 2.87% |
Alternative Investment Fund | 0.16% |
| Name | Weight(%) |
|---|---|
CASH | -3.14% |
Other Scheme Info
Inclusive of GST
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
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Union Liquid Fund Managers
Devesh Thacker
Aug 2021 - Present
List of Union Mutual Fund’s top performing schemes
Fund House
Union Mutual Fund
Total AUM: 14446.51Cr
Union Mutual Fund, the investment arm of Union Bank of India, has been a significant player in India's asset management sector for over a decade. Established in December 2009, the AMC aimed to build a robust asset management portfolio in India. Leveraging the extensive client base of Union Bank of India, the AMC capitalized on its established network. It initially operated in collaboration with KBC Asset Management NV, a Belgium-based AMC, under the name Union KBC Mutual Fund, where Union Bank maintained the majority stake of 51%, and with KBC holding a 49% share.
The partnership concluded in 2016 as KBC withdrew from the agreement, leading to Union Bank of India acquiring their shares, thus making Union Mutual Fund its wholly-owned subsidiary. In 2017, Dai-ichi Life, a prominent Japanese financial services company, acquired a 39.62% stake in the AMC.
As of December 2023, the fund house reported assets under management (AUM) averaging Rs. 13,594 crores.
Learn more about Union Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
FAQ for Union Liquid Fund
How to start an SIP in Union Liquid Fund?
To start an SIP in Union Liquid Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Union Liquid Fund.
3. On the Union Liquid Fund details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.
This simplified process helps you start your SIP quickly and efficiently.
How to invest in Union Liquid Fund?
To invest in Union Liquid Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Union Liquid Fund.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank’s e-banking page.
Your order will be successfully placed upon payment confirmation.
How do I automate an SIP in Union Liquid Fund?
To automate an SIP in Union Liquid Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Union Liquid Fund automatically, ensuring consistent contributions without manual intervention.
How can I withdraw/redeem my investment in Union Liquid Fund?
To withdraw or redeem your investment in Union Liquid Fund:
1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the Union Liquid Fund, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.
This streamlined process will help you redeem your investment quickly.
What is the NAV of Union Liquid Fund
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Union Liquid Fund is ₹2,420.23
What is the AUM of Union Liquid Fund?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Union Liquid Fund is ₹4,336.59 Cr.
What is the minimum SIP amount for Union Liquid Fund?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Union Liquid Fund is ₹500
What is the Expense Ratio of Union Liquid Fund?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Union Liquid Fund is 0.17%
What is the Exit load of Union Liquid Fund?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of Union Liquid Fund is Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days..
