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Fund Overview

Fund Size

Fund Size

₹854 Cr

Expense Ratio

Expense Ratio

0.76%

ISIN

ISIN

INF582M01JE6

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

06 Sep 2023

About this fund

Union Innovation & Opportunities Fund Direct Growth is a Equity - Other mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 1 years, 7 months and 13 days, having been launched on 06-Sep-23.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹12.84, Assets Under Management (AUM) of 854.34 Crores, and an expense ratio of 0.76%.
  • Union Innovation & Opportunities Fund Direct Growth has given a CAGR return of 16.77% since inception.
  • The fund's asset allocation comprises around 95.96% in equities, 0.00% in debts, and 4.04% in cash & cash equivalents.
  • You can start investing in Union Innovation & Opportunities Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+12.73%

(Cat Avg.)

Since Inception

+16.77%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity819.81 Cr95.96%
Others34.53 Cr4.04%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Info Edge (India) LtdEquity42.03 Cr4.92%
Eternal LtdEquity35.98 Cr4.21%
TrepsCash - Repurchase Agreement35.62 Cr4.17%
Suzlon Energy LtdEquity30.24 Cr3.54%
Affle India LtdEquity29.85 Cr3.49%
Ami Organics LtdEquity29.64 Cr3.47%
Awfis Space Solutions LtdEquity28.35 Cr3.32%
The Federal Bank LtdEquity27.87 Cr3.26%
GE Vernova T&D India LtdEquity26.09 Cr3.05%
PB Fintech LtdEquity25.97 Cr3.04%
Krishna Institute of Medical Sciences LtdEquity24.49 Cr2.87%
TVS Motor Co LtdEquity24.42 Cr2.86%
Phoenix Mills LtdEquity23.37 Cr2.73%
Bharat Electronics LtdEquity22.57 Cr2.64%
L&T Technology Services LtdEquity22.42 Cr2.62%
Dixon Technologies (India) LtdEquity21.62 Cr2.53%
CG Power & Industrial Solutions LtdEquity20.72 Cr2.43%
FSN E-Commerce Ventures LtdEquity20.58 Cr2.41%
Home First Finance Co India Ltd ---Equity19.7 Cr2.31%
Trent LtdEquity19.47 Cr2.28%
JSW Energy LtdEquity19.46 Cr2.28%
UNO Minda LtdEquity19.26 Cr2.25%
Kaynes Technology India LtdEquity19.01 Cr2.22%
Praj Industries LtdEquity18.09 Cr2.12%
CarTrade Tech LtdEquity17.33 Cr2.03%
Max Healthcare Institute Ltd Ordinary SharesEquity15.7 Cr1.84%
SJS Enterprises LtdEquity15.18 Cr1.78%
Amber Enterprises India Ltd Ordinary SharesEquity15.15 Cr1.77%
NTPC Green Energy LtdEquity15.06 Cr1.76%
CE Info Systems LtdEquity15.01 Cr1.76%
Garware Hi-Tech Films LtdEquity14.31 Cr1.68%
KFin Technologies LtdEquity14.25 Cr1.67%
Sona BLW Precision Forgings LtdEquity13.41 Cr1.57%
Inventurus Knowledge Solutions LtdEquity12.97 Cr1.52%
Jubilant Foodworks LtdEquity12.92 Cr1.51%
Ethos LtdEquity12.27 Cr1.44%
Neogen Chemicals LtdEquity9.63 Cr1.13%
Avantel LtdEquity9.32 Cr1.09%
Jio Financial Services LtdEquity8.77 Cr1.03%
ZF Commercial Vehicle Control Systems India LtdEquity8.74 Cr1.02%
KPIT Technologies LtdEquity8.64 Cr1.01%
Delhivery LtdEquity8.62 Cr1.01%
Saregama India LtdEquity7.52 Cr0.88%
ABB India LtdEquity7.43 Cr0.87%
Hitachi Energy India Ltd Ordinary SharesEquity6.37 Cr0.75%
Net Receivable / PayableCash - Collateral-1.68 Cr0.20%
182 DTB 05062025Bond - Gov't/Treasury0.59 Cr0.07%

Allocation By Market Cap (Equity)

Large Cap Stocks

25.27%

Mid Cap Stocks

35.87%

Small Cap Stocks

34.82%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical214.71 Cr25.13%
Industrials187.5 Cr21.95%
Technology91.26 Cr10.68%
Financial Services82.32 Cr9.63%
Communication Services79.39 Cr9.29%
Basic Materials53.58 Cr6.27%
Healthcare53.17 Cr6.22%
Utilities34.52 Cr4.04%
Real Estate23.37 Cr2.73%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

SB

Sanjay Bembalkar

Since September 2023

Gaurav Chopra

Gaurav Chopra

Since November 2024

Additional Scheme Detailsas of 31st March 2025

ISIN
INF582M01JE6
Expense Ratio
0.76%
Exit Load
1.00%
Fund Size
₹854 Cr
Age
1 year 7 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
NIFTY 500 Index TR IDR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Nifty Capital Market ETF

Very High Risk

0.3%-₹5.38 Cr-
Mirae Asset BSE Select IPO ETF

Very High Risk

--₹14.61 Cr-
Motilal Oswal Active Momentum Fund Direct Growth

Very High Risk

2.6%1.0%₹46.20 Cr-
Motilal Oswal Active Momentum Fund Regular Growth

Very High Risk

2.7%1.0%₹46.20 Cr-
Nippon India Active Momentum Fund Regular Growth

Very High Risk

-1.0%₹130.97 Cr-
Nippon India Active Momentum Fund Direct Growth

Very High Risk

-1.0%₹130.97 Cr-
Groww Nifty 200 ETF

Very High Risk

0.3%-₹13.49 Cr-
Invesco India Business Cycle Fund Direct Growth

Very High Risk

0.6%0.0%₹267.72 Cr-
Invesco India Business Cycle Fund Regular Growth

Very High Risk

2.3%0.0%₹267.72 Cr-
Kotak MSCI India ETF

Very High Risk

0.4%-₹1018.03 Cr-

About the AMC

Union Mutual Fund

Union Mutual Fund

Total AUM

₹38,926 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Union Children's Fund Direct Growth

Very High Risk

1.3%0.0%₹61.87 Cr10.1%
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹854.34 Cr12.7%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%₹25.17 Cr8.1%
Union Small Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1444.06 Cr4.4%
Union Hybrid Equity Fund Direct Growth

Very High Risk

0.9%1.0%₹618.56 Cr8.4%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.6%1.0%₹80.25 Cr8.2%
Union Value Discovery Fund Direct Growth

Very High Risk

1.1%1.0%₹292.17 Cr8.2%
Union Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹1041.99 Cr7.6%
Union Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹1365.41 Cr7.6%
Union Equity Savings Fund Direct Growth

Moderate Risk

1.5%1.0%₹135.91 Cr6.6%
Union Arbitrage Fund Direct Growth

Low Risk

0.5%0.0%₹302.61 Cr7.8%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.4%0.0%₹860.04 Cr5.9%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.3%1.0%₹77.84 Cr11.4%
Union Flexi Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹2158.70 Cr6.7%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹3206.36 Cr7.4%
Union Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1312.88 Cr8.6%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹128.97 Cr11.6%
Union Largecap Fund Direct Growth

Very High Risk

1.3%1.0%₹431.77 Cr4.1%
Union Retirement Fund Direct Growth

Very High Risk

0.9%0.0%₹154.84 Cr8.1%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹319.94 Cr9.8%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹252.95 Cr6.6%
Union Focused Fund Direct Growth

Very High Risk

1.4%1.0%₹389.30 Cr4.4%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹167.35 Cr7.8%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹807.41 Cr7.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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The NAV of Union Innovation & Opportunities Fund Direct Growth, as of 17-Apr-2025, is ₹12.84.
The fund's allocation of assets is distributed as 95.96% in equities, 0.00% in bonds, and 4.04% in cash and cash equivalents.
The fund managers responsible for Union Innovation & Opportunities Fund Direct Growth are:-
  1. Sanjay Bembalkar
  2. Gaurav Chopra

Fund Overview

Fund Size

Fund Size

₹854 Cr

Expense Ratio

Expense Ratio

0.76%

ISIN

ISIN

INF582M01JE6

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

06 Sep 2023

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

About this fund

Union Innovation & Opportunities Fund Direct Growth is a Equity - Other mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 1 years, 7 months and 13 days, having been launched on 06-Sep-23.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹12.84, Assets Under Management (AUM) of 854.34 Crores, and an expense ratio of 0.76%.
  • Union Innovation & Opportunities Fund Direct Growth has given a CAGR return of 16.77% since inception.
  • The fund's asset allocation comprises around 95.96% in equities, 0.00% in debts, and 4.04% in cash & cash equivalents.
  • You can start investing in Union Innovation & Opportunities Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+12.73%

(Cat Avg.)

Since Inception

+16.77%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity819.81 Cr95.96%
Others34.53 Cr4.04%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Info Edge (India) LtdEquity42.03 Cr4.92%
Eternal LtdEquity35.98 Cr4.21%
TrepsCash - Repurchase Agreement35.62 Cr4.17%
Suzlon Energy LtdEquity30.24 Cr3.54%
Affle India LtdEquity29.85 Cr3.49%
Ami Organics LtdEquity29.64 Cr3.47%
Awfis Space Solutions LtdEquity28.35 Cr3.32%
The Federal Bank LtdEquity27.87 Cr3.26%
GE Vernova T&D India LtdEquity26.09 Cr3.05%
PB Fintech LtdEquity25.97 Cr3.04%
Krishna Institute of Medical Sciences LtdEquity24.49 Cr2.87%
TVS Motor Co LtdEquity24.42 Cr2.86%
Phoenix Mills LtdEquity23.37 Cr2.73%
Bharat Electronics LtdEquity22.57 Cr2.64%
L&T Technology Services LtdEquity22.42 Cr2.62%
Dixon Technologies (India) LtdEquity21.62 Cr2.53%
CG Power & Industrial Solutions LtdEquity20.72 Cr2.43%
FSN E-Commerce Ventures LtdEquity20.58 Cr2.41%
Home First Finance Co India Ltd ---Equity19.7 Cr2.31%
Trent LtdEquity19.47 Cr2.28%
JSW Energy LtdEquity19.46 Cr2.28%
UNO Minda LtdEquity19.26 Cr2.25%
Kaynes Technology India LtdEquity19.01 Cr2.22%
Praj Industries LtdEquity18.09 Cr2.12%
CarTrade Tech LtdEquity17.33 Cr2.03%
Max Healthcare Institute Ltd Ordinary SharesEquity15.7 Cr1.84%
SJS Enterprises LtdEquity15.18 Cr1.78%
Amber Enterprises India Ltd Ordinary SharesEquity15.15 Cr1.77%
NTPC Green Energy LtdEquity15.06 Cr1.76%
CE Info Systems LtdEquity15.01 Cr1.76%
Garware Hi-Tech Films LtdEquity14.31 Cr1.68%
KFin Technologies LtdEquity14.25 Cr1.67%
Sona BLW Precision Forgings LtdEquity13.41 Cr1.57%
Inventurus Knowledge Solutions LtdEquity12.97 Cr1.52%
Jubilant Foodworks LtdEquity12.92 Cr1.51%
Ethos LtdEquity12.27 Cr1.44%
Neogen Chemicals LtdEquity9.63 Cr1.13%
Avantel LtdEquity9.32 Cr1.09%
Jio Financial Services LtdEquity8.77 Cr1.03%
ZF Commercial Vehicle Control Systems India LtdEquity8.74 Cr1.02%
KPIT Technologies LtdEquity8.64 Cr1.01%
Delhivery LtdEquity8.62 Cr1.01%
Saregama India LtdEquity7.52 Cr0.88%
ABB India LtdEquity7.43 Cr0.87%
Hitachi Energy India Ltd Ordinary SharesEquity6.37 Cr0.75%
Net Receivable / PayableCash - Collateral-1.68 Cr0.20%
182 DTB 05062025Bond - Gov't/Treasury0.59 Cr0.07%

Allocation By Market Cap (Equity)

Large Cap Stocks

25.27%

Mid Cap Stocks

35.87%

Small Cap Stocks

34.82%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical214.71 Cr25.13%
Industrials187.5 Cr21.95%
Technology91.26 Cr10.68%
Financial Services82.32 Cr9.63%
Communication Services79.39 Cr9.29%
Basic Materials53.58 Cr6.27%
Healthcare53.17 Cr6.22%
Utilities34.52 Cr4.04%
Real Estate23.37 Cr2.73%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

SB

Sanjay Bembalkar

Since September 2023

Gaurav Chopra

Gaurav Chopra

Since November 2024

Additional Scheme Detailsas of 31st March 2025

ISIN
INF582M01JE6
Expense Ratio
0.76%
Exit Load
1.00%
Fund Size
₹854 Cr
Age
1 year 7 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
NIFTY 500 Index TR IDR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Nifty Capital Market ETF

Very High Risk

0.3%-₹5.38 Cr-
Mirae Asset BSE Select IPO ETF

Very High Risk

--₹14.61 Cr-
Motilal Oswal Active Momentum Fund Direct Growth

Very High Risk

2.6%1.0%₹46.20 Cr-
Motilal Oswal Active Momentum Fund Regular Growth

Very High Risk

2.7%1.0%₹46.20 Cr-
Nippon India Active Momentum Fund Regular Growth

Very High Risk

-1.0%₹130.97 Cr-
Nippon India Active Momentum Fund Direct Growth

Very High Risk

-1.0%₹130.97 Cr-
Groww Nifty 200 ETF

Very High Risk

0.3%-₹13.49 Cr-
Invesco India Business Cycle Fund Direct Growth

Very High Risk

0.6%0.0%₹267.72 Cr-
Invesco India Business Cycle Fund Regular Growth

Very High Risk

2.3%0.0%₹267.72 Cr-
Kotak MSCI India ETF

Very High Risk

0.4%-₹1018.03 Cr-

About the AMC

Union Mutual Fund

Union Mutual Fund

Total AUM

₹38,926 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Union Children's Fund Direct Growth

Very High Risk

1.3%0.0%₹61.87 Cr10.1%
Union Innovation & Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹854.34 Cr12.7%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth

Moderate Risk

-0.0%₹25.17 Cr8.1%
Union Small Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1444.06 Cr4.4%
Union Hybrid Equity Fund Direct Growth

Very High Risk

0.9%1.0%₹618.56 Cr8.4%
Union Medium Duration Fund Direct Growth

Moderate Risk

0.6%1.0%₹80.25 Cr8.2%
Union Value Discovery Fund Direct Growth

Very High Risk

1.1%1.0%₹292.17 Cr8.2%
Union Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹1041.99 Cr7.6%
Union Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹1365.41 Cr7.6%
Union Equity Savings Fund Direct Growth

Moderate Risk

1.5%1.0%₹135.91 Cr6.6%
Union Arbitrage Fund Direct Growth

Low Risk

0.5%0.0%₹302.61 Cr7.8%
Union Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.4%0.0%₹860.04 Cr5.9%
Union Dynamic Bond Fund Direct Growth

Moderate Risk

1.3%1.0%₹77.84 Cr11.4%
Union Flexi Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹2158.70 Cr6.7%
Union Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹3206.36 Cr7.4%
Union Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1312.88 Cr8.6%
Union Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹128.97 Cr11.6%
Union Largecap Fund Direct Growth

Very High Risk

1.3%1.0%₹431.77 Cr4.1%
Union Retirement Fund Direct Growth

Very High Risk

0.9%0.0%₹154.84 Cr8.1%
Union Corporate Bond Fund Direct Growth

Moderate Risk

0.4%1.0%₹319.94 Cr9.8%
Union Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹252.95 Cr6.6%
Union Focused Fund Direct Growth

Very High Risk

1.4%1.0%₹389.30 Cr4.4%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹167.35 Cr7.8%
Union Large & Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹807.41 Cr7.2%

Still got questions?
We're here to help.

The NAV of Union Innovation & Opportunities Fund Direct Growth, as of 17-Apr-2025, is ₹12.84.
The fund's allocation of assets is distributed as 95.96% in equities, 0.00% in bonds, and 4.04% in cash and cash equivalents.
The fund managers responsible for Union Innovation & Opportunities Fund Direct Growth are:-
  1. Sanjay Bembalkar
  2. Gaurav Chopra
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