Union Retirement Fund - Direct Plan - Growth Option
Union Mutual Fund
Solution Oriented Scheme - Retirement Fund
Best SIP day: the 13th.
Best SIP day for this fund
The 13th
NoiseThe 13th had the highest full-history XIRR for this fund. But 48 months of history is too little to tell whether the date matters at all.
Why the 13th
- Highest return of all 28 dates10.302%
Full-history XIRR, 0.09 pp above the middle of the month (10.209%).
- How far apart the 28 dates are0.24 pp
From the 18th (10.059%) up to the 13th. A date effect needs more than 0.25 pp and an order of dates that holds. This fund's order scored -0.18, short of 0.6.
- What the spread is worth₹4,809
Between the highest- and lowest-value dates (the 1st and the 18th) on a notional ₹10,000 a month: 0.8% of the ₹5.9 lakh it grew to over 4.0 years.
Missing one instalment costs more than picking this date over a typical one.
Higher than todayLower than todayTodayBest dayNot a SIP date
Each SIP date shows its full-history XIRR. Dates shaded as “higher than today” beat today’s date; the other shade fell short. Weakest to strongest across all 28 is 0.24 pp, and the deeper the fill, the further from today’s figure that date sat. Tap a date (1–28) to compare it with the named day; that does not change the answer.
Loading the calendarDoes not change the named day.
What to keep in mind
The date with the highest return and the date that ended with the most money are not the same date here. When two measures of the same question disagree, the difference between the dates is noise.
This fund is marked reduced confidence: 48 months of history leaves too few independent 3-year stretches for the numbers above to settle.