DebtIncomeDirectGrowthModerate

Union Fixed Maturity Plan - Series 13

Q: What is the NAV of Union Fixed Maturity Plan - Series 13?

The last published NAV of Union Fixed Maturity Plan - Series 13 was ₹12.31 per unit, on 15 Apr 2026. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

Q: What is the expense ratio of Union Fixed Maturity Plan - Series 13?

Union Fixed Maturity Plan - Series 13 charges an expense ratio of 0.25% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: How risky is Union Fixed Maturity Plan - Series 13?

Union Fixed Maturity Plan - Series 13 is rated moderate on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -0.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: Who manages Union Fixed Maturity Plan - Series 13?

Union Fixed Maturity Plan - Series 13 is managed by Devesh Thacker and Anindya Sarkar at Union.

Q: How is Union Fixed Maturity Plan - Series 13 taxed?

Union Fixed Maturity Plan - Series 13 is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Union Mutual Fund

NAV

₹12.31

as of 15 Apr 2026

This is the Direct plan of Union Fixed Maturity Plan - Series 13 — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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This scheme hasn’t published a NAV since 15 Apr 2026 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.

NAV history

+5.99%absolute

52-week rangePrev NAV ₹12.31

Latest ₹12.31

Low ₹11.62100th percentile of its 52-week rangeHigh ₹12.31

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Income peers to rank yet

Risk—

Volatility not available yet

CostHigh

0.3% expense vs 0.1% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 100% of rolling 3-year windows

Concerns

High expense ratio (0.25%) vs the Income average of 0.12%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.25%

Category 0.12%▲0.13%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 1.22

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Benchmark

—

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

31 Mar 2023

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

—

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

Absolute return since 1 Jan of this year (not annualized)

—

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

—

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

—

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-0.16%

Benchmark ratios

Not shown for Income — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.97L

Absolute

+10.17%

XIRR

+6.75%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Union Fixed Maturity Plan - Series 13, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+1.52%
2025	+6.95%
2024	+7.59%
2023part	+5.28%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

731

Expense ratio

0.25%

AUM

₹4.19Cr

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Income

Compare all


Union Fixed Maturity Plan - Series 13This fund Union · Direct · Growth	—	—	—	—	—	—	₹4.19Cr
IL&FS Infrastructure Debt Fund Series 2C IL&FS Mutual Fund (IDF) · Direct · Growth	★★★★★	+7.62%	+22.14%	+16.79%	—	—	—
IL&FS Infrastructure Debt Fund Series 2B IL&FS Mutual Fund (IDF) · Direct · Growth	★★★★★	+6.97%	+21.69%	+20.67%	—	—	—
IL&FS Infrastructure Debt Fund Series 2A IL&FS Mutual Fund (IDF) · Direct · Growth	★★★★★	+9.15%	+21.57%	+30.94%	—	—	—
Nippon India Fixed Maturity Plan - XLV - Series 5 Nippon India · Direct · Growth	★★★★★	+7.66%	+8.58%	—	—	0.10%	₹182.14Cr
Nippon India Fixed Maturity Plan - XLIII - Series 5 Nippon India · Direct · Growth	★★★★☆	+5.51%	+7.66%	—	—	0.15%	₹186.24Cr

Fund size over time

Quarterly average AUM · AMFI

₹4.19Cr

April - June 2026

-85%

since January - March 2026

Down +85% from its peak of ₹27.04Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

AMC Profile

Union Mutual Fund is sponsored by Union Bank of India, and was branded Union KBC until its Belgian joint-venture partner exited. It runs a small equity, hybrid and debt line-up.

Launched

29 Dec 2009

Total AUM

₹28,552Cr+1.6% QoQ

Avg AUM · July - September 2026

Website

unionmf.com

Fund Managers

DTDevesh ThackerManaging since 29 Mar 2023

Role

Fund Manager - Fixed Income

Education

B.Com (Bachelor of Commerce) & M.B.A (Masters of Business Administration)

Experience

Mr. Thacker has an overall work experience of over 18 years in Fund Management & Banking Industry. November 2010 till date with Union Asset Management Company Pvt. Ltd. (AMC) as Fund Manager - Fixed Income. June 2008 to November 2010 with Sahara Asset Management Co. Pvt. Ltd. as Fund Manager - Fixed Income. December 2004 to May 2008 with ICICI Bank Limited, Retail Operations and Branch Banking. October 2002 to December 2004 with Dolat Capital Markets Limited as a Dealer in Fixed Income, handling institutional client's deals and queries. January 2002 to September 2002 with Orbis Securities (India Bulls) Limited, as Dealer in Fixed Income. October 1999 to January 2002 with ASK Financial Services Ltd (NSE Broking Firm), Equity and Derivative Dealer.

Funds managed (7)

All schemes Devesh Thacker runs →

ASAnindya SarkarManaging since 29 Mar 2023

Role

Fund Manager - Fixed Income

Education

BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM

Experience

Industry experience: Over 22 years of experience in Financial Services Sector. Appointed as Co-Fund Manager at Union Asset Management Company Private Limited with effect from November 01, 2018. September 01, 2010 to October 31, 2018 with Union Asset Management Private Limited (last position held: Vice President – Risk Management). November 2009 till August 2010 with Sarcon Blockbuild Ltd (Family business). June 2009 till September 2009 with Navigators Inc. and from September 2007 till May 2009 with St. John's University (part time employment while pursuing MBA – Risk and Insurance). February 2000 till March 2007 with ICAP India Private Limited as Dealer – Fixed Income.

Funds managed (5)

All schemes Anindya Sarkar runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Devesh Thacker Anindya Sarkar

Union in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of Union Fixed Maturity Plan - Series 13?

The last published NAV of Union Fixed Maturity Plan - Series 13 was ₹12.31 per unit, on 15 Apr 2026. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

What is the expense ratio of Union Fixed Maturity Plan - Series 13?

Union Fixed Maturity Plan - Series 13 charges an expense ratio of 0.25% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

How risky is Union Fixed Maturity Plan - Series 13?

Union Fixed Maturity Plan - Series 13 is rated moderate on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -0.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Who manages Union Fixed Maturity Plan - Series 13?

Union Fixed Maturity Plan - Series 13 is managed by Devesh Thacker and Anindya Sarkar at Union.

How is Union Fixed Maturity Plan - Series 13 taxed?

Union Fixed Maturity Plan - Series 13 is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.