Union Liquid Fund - Direct Plan - Fortnightly IDCW Option
To provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be achieved.Read more
- Current NAV₹1,001.36
- Fund Size (AUM)₹ 5,014 Cr.
- Expense Ratio0.07 %
- 1Y Return-0.05%
- 3Y Return (CAGR)-0.01%
- 5Y Return (CAGR)+0.01%
- Category Rank (3Y)—
- RiskometerLow to Moderate Risk
- Min. SIP / Lump sum₹ 500 / ₹ 5,000
More figures (11)
- Since Launch (CAGR)0.00%
- Benchmark—
- Volatility (3Y)1.26 %
- Sharpe Ratio (3Y)-5.16
- Beta (3Y)—
- 52-week High / Low₹1,005.92 / ₹1,001.08
- Max Drawdown-3.8 %
- Launched1 Jan 2013
- Lock-inNone
- Portfolio Turnover—
- Fund ManagersParijat Agrawal, Devesh Thacker
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 0.0% a year.
- Volatility over 3 years was 1.3% a year, with a Sharpe ratio of -5.16.
- Its biggest fall from a peak was 3.8% (12 Aug 2013 to 18 Sep 2018).
- Across all 3-year periods since launch, yearly returns ranged from -1.2% to 1.1% and were positive 39% of the time.
- Expense ratio 0.07%, fund size ₹5,014 crore.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -0.25% | -0.06% | -0.06% | -0.11% | -0.05% | -0.05% | -0.02% | -0.01% | +0.01% | 0.00% | 0.00% | 0.00% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Liquid Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -0.05% | 0.00% | +0.02% | +0.06% | +0.02% | 0.00% | -0.02% | +1.39% | -1.39% | 0.00% | +0.03% |
January to December each year; the current year is to date.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 1.26% | 1.20% |
| Sharpe ratio ? | -5.16 | -5.40 |
| Sortino ratio ? | -4.96 | -5.16 |
| Maximum drawdown | -0.46% | -0.46% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,19,927 | ₹-73 | -0.11% |
| 3Y | ₹3,60,000 | ₹3,59,869 | ₹-131 | -0.02% |
| 5Y | ₹6,00,000 | ₹5,99,891 | ₹-109 | -0.01% |
| 10Y | ₹12,00,000 | ₹12,00,918 | ₹918 | +0.02% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
Compare with all Liquid Funds (44)
Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).
Scheme details
- Investment objective
- To provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be achieved.
- Fund managers
- Parijat Agrawal, Devesh Thacker
- Fund house
- Union Mutual Fund
- Category
- Liquid Funds · Debt
- Plan / option
- Direct · IDCW (income distribution)
- AMFI scheme code
- 119305
- ISIN
- INF582M01724, INF582M01708
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Liquid Funds
Liquid Funds invest in debt and money-market securities maturing within 91 days. They are commonly used for emergency funds and short-term parking.
Generally used by money needed within weeks to a few months.
Other plans of this scheme
- Union Liquid Fund - Direct Plan - Growth Option
- Union Liquid Fund - Regular Plan - Growth Option
- Union Liquid Fund - Direct Plan - Daily IDCW Option
- Union Liquid Fund - Direct Plan - Monthly IDCW Option
- Union Liquid Fund - Direct Plan - Weekly IDCW Option
- Union Liquid Fund - Regular Plan - Daily IDCW Option
- Union Liquid Fund - Regular Plan - Fortnightly IDCW Option
- Union Liquid Fund - Regular Plan - Monthly IDCW Option
Questions about this scheme
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