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Union Mutual Fund

Union Liquid Fund

Union Mutual Fund · Direct plan · Growth

3-year returns
7%
a year
NAV
₹2,743.73
▲ 0.03% · 20 Sept 2026
Fund size
₹7,578 Cr
Expense ratio
0.06%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹2,707.29 and has returned 6.87% a year over 3 years.

Returns, and where it stands

Against the average liquid fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year6.5%6.4%ahead14 of 36
3 years7%6.9%ahead14 of 33
5 years6.4%6.3%ahead7 of 31
10 years5.7%6.1%behind24 of 26
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.5%0.5%
3 months1.6%1.6%
6 months3.5%3.4%
1 year6.5%6.4%
2 yearsp.a.6.7%6.6%
3 yearsp.a.7%6.9%
5 yearsp.a.6.4%6.3%
7 yearsp.a.5.7%5.6%
10 yearsp.a.5.7%5.6%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 6.5% in the last 1Y

2,5782,6602,74220 Sept 202521 Mar 202620 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹19,348
XIRR (per year)
6.76%
Value today
₹1,99,348

36 monthly instalments from 24 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
0.1% a year
about the same as the liquid fund average
Worst fall so far
−3.3%
Sept 2018 to Sept 2018, against −0.2% for the category.
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
3.9% to 7.1%
A year, at worst and at best. Typically 5.5%.

Fund details

Minimum lumpsum
₹5,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
1 Jan 2013
Expense ratio
0.06%
as of 31 Jul 2026

Managed by Parijat Agrawal, Devesh Thacker

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Union Liquid Fund against other funds in the Liquid Fund category
Fund1Y3Y5YExpenseFund size
Aditya Birla Sun Life Liquid Fund6.57%7.02%6.42%0.18%₹69,830 Cr
Edelweiss Liquid Fund6.54%7.01%6.4%0.1%₹13,272 Cr
Axis Liquid Fund6.58%7.01%6.41%0.12%₹56,438 Cr
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund)6.57%7%0.12%₹9,094 Cr
Franklin India Liquid Fund6.54%7%6.37%0.14%₹6,082 Cr
DSP Liquid Fund6.54%6.99%6.38%0.12%₹27,920 Cr
Union Liquid Fund6.5%6.97%6.39%0.06%₹7,578 Cr

About Union Liquid Fund

Union Liquid Fund is a liquid fund managed by Union Mutual Fund. Invest in debt and money market securities maturing within 91 days. Low risk, withdrawals usually reach your bank the next working day; an alternative to a savings account for short-term money.

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.

The scheme's stated objective, as published by Union Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth Option₹2,743.7273119303
DirectDaily IDCW Option₹1,002.8302119301
DirectFortnightly IDCW Option₹1,002.5382119305
DirectMonthly IDCW Option₹1,005.4447119302
DirectWeekly IDCW Option₹1,001.9487119304
RegularGrowth Option₹2,707.2919115398
RegularDaily IDCW Option₹1,001.4576115401
RegularFortnightly IDCW Option₹1,002.5024115399
RegularMonthly IDCW Option₹1,004.956115400
RegularWeekly IDCW Option₹1,002.1989115402

Frequently asked questions

What is the NAV of Union Liquid Fund today?

The NAV of Union Liquid Fund (Direct plan, Growth) is ₹2,743.7273 and the Regular plan NAV is ₹2,707.2919, as of 20 Sept 2026.

What returns has Union Liquid Fund given?

Over the last year the Direct plan returned 6.5%, and 6.97% a year over 3 years and 6.39% a year over 5 years. That places it 14 of 33 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Union Liquid Fund?

The Direct plan charges 0.06% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Union Liquid Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.

How much has Union Liquid Fund fallen in the past?

Its deepest fall was 3.3% from 13 Sept 2018 to 18 Sept 2018. Of every one-year stretch in its history, 100% ended in a gain.

Which category does Union Liquid Fund belong to?

It is a Liquid Fund from Union Mutual Fund. Invest in debt and money market securities maturing within 91 days. Low risk, withdrawals usually reach your bank the next working day; an alternative to a savings account for short-term money.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Union Liquid Fund taxed?

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.