Union Innovation & Opportunities Fund Direct Growth

Fund Overview

Fund Size

₹792 Cr

Expense Ratio

0.87%

ISIN

INF582M01JE6

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

06 Sep 2023

About this fund

Union Innovation & Opportunities Fund Direct Growth is a Global - Other mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 1 years, 6 months and 22 days, having been launched on 06-Sep-23.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹12.86, Assets Under Management (AUM) of 791.61 Crores, and an expense ratio of 0.87%.

Union Innovation & Opportunities Fund Direct Growth has given a CAGR return of 17.56% since inception.
The fund's asset allocation comprises around 95.76% in equities, 0.07% in debts, and 4.16% 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

+15.34%

— (Cat Avg.)

Since Inception

+17.56%

— (Cat Avg.)

Portfolio Summaryas of 28th February 2025

Equity	₹758.06 Cr	95.76%
Debt	₹0.59 Cr	0.07%
Others	₹32.95 Cr	4.16%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Info Edge (India) Ltd	Equity	₹40.92 Cr	5.17%
Zomato Ltd	Equity	₹39.62 Cr	5.01%
Treps	Cash - Repurchase Agreement	₹34.86 Cr	4.40%
Ami Organics Ltd	Equity	₹27.64 Cr	3.49%
Awfis Space Solutions Ltd	Equity	₹24.88 Cr	3.14%
Affle India Ltd	Equity	₹24.49 Cr	3.09%
Suzlon Energy Ltd	Equity	₹23.87 Cr	3.01%
PB Fintech Ltd	Equity	₹22.62 Cr	2.86%
Phoenix Mills Ltd	Equity	₹22.01 Cr	2.78%
L&T Technology Services Ltd	Equity	₹21.47 Cr	2.71%
The Federal Bank Ltd	Equity	₹20.36 Cr	2.57%
GE Vernova T&D India Ltd	Equity	₹20.03 Cr	2.53%
Home First Finance Co India Ltd ---	Equity	₹19.79 Cr	2.50%
CG Power & Industrial Solutions Ltd	Equity	₹18.58 Cr	2.35%
TVS Motor Co Ltd	Equity	₹18.58 Cr	2.35%
Bharat Electronics Ltd	Equity	₹18.45 Cr	2.33%
CarTrade Tech Ltd	Equity	₹18.32 Cr	2.31%
FSN E-Commerce Ventures Ltd	Equity	₹18.25 Cr	2.30%
UNO Minda Ltd	Equity	₹18.17 Cr	2.29%
Krishna Institute of Medical Sciences Ltd	Equity	₹17.85 Cr	2.25%
Trent Ltd	Equity	₹17.74 Cr	2.24%
Dixon Technologies (India) Ltd	Equity	₹17.06 Cr	2.15%
Kaynes Technology India Ltd	Equity	₹16.59 Cr	2.10%
International Gemmological Institute (India) Ltd	Equity	₹16.28 Cr	2.06%
Garware Hi-Tech Films Ltd	Equity	₹15.98 Cr	2.02%
Neogen Chemicals Ltd	Equity	₹15.77 Cr	1.99%
CE Info Systems Ltd	Equity	₹14.79 Cr	1.87%
JSW Energy Ltd	Equity	₹14.65 Cr	1.85%
Sona BLW Precision Forgings Ltd	Equity	₹14.36 Cr	1.81%
SJS Enterprises Ltd	Equity	₹14.33 Cr	1.81%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹14 Cr	1.77%
Inventurus Knowledge Solutions Ltd	Equity	₹13.73 Cr	1.73%
NTPC Green Energy Ltd	Equity	₹13.07 Cr	1.65%
Ethos Ltd	Equity	₹12.44 Cr	1.57%
Jubilant Foodworks Ltd	Equity	₹12.17 Cr	1.54%
KFin Technologies Ltd	Equity	₹12.05 Cr	1.52%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹11.83 Cr	1.49%
Delhivery Ltd	Equity	₹9.78 Cr	1.24%
Praj Industries Ltd	Equity	₹9.2 Cr	1.16%
Avantel Ltd	Equity	₹9.12 Cr	1.15%
KPIT Technologies Ltd	Equity	₹7.91 Cr	1.00%
ABB India Ltd	Equity	₹6.61 Cr	0.84%
Saregama India Ltd	Equity	₹6.52 Cr	0.82%
Rategain Travel Technologies Ltd	Equity	₹6.39 Cr	0.81%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹5.68 Cr	0.72%
Quick Heal Technologies Ltd	Equity	₹5.29 Cr	0.67%
Jio Financial Services Ltd	Equity	₹4.98 Cr	0.63%
Tube Investments of India Ltd Ordinary Shares	Equity	₹3.86 Cr	0.49%
Net Receivable / Payable	Cash - Collateral	₹-1.91 Cr	0.24%
182 DTB 05062025	Bond - Gov't/Treasury	₹0.59 Cr	0.07%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Consumer Cyclical	₹195.8 Cr	24.74%
Industrials	₹157.54 Cr	19.90%
Technology	₹94.09 Cr	11.89%
Basic Materials	₹75.66 Cr	9.56%
Communication Services	₹71.93 Cr	9.09%
Financial Services	₹67.75 Cr	8.56%
Healthcare	₹45.57 Cr	5.76%
Utilities	₹27.71 Cr	3.50%
Real Estate	₹22.01 Cr	2.78%

Risk & Performance Ratios

Fund Managers

Sanjay Bembalkar

Since September 2023

Gaurav Chopra

Since November 2024

Additional Scheme Detailsas of 28th February 2025

ISIN

INF582M01JE6

Expense Ratio

0.87%

Exit Load

1.00%

Fund Size

₹792 Cr

Age

1 year 6 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY 500 Index TR IDR

Investment 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

Capital Gains Taxation:

Dividend Taxation:

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 Global - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Aditya Birla Sun Life Commodity Equity Global Agricultural Regular Growth Very High Risk	1.7%	1.0%	₹13.04 Cr	-3.0%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Regular Growth Very High Risk	1.9%	1.0%	₹8.25 Cr	12.5%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.6%	1.0%	₹8.25 Cr	12.9%
Franklin Asian Equity Fund Regular Growth Very High Risk	2.5%	1.0%	₹239.90 Cr	10.9%
DSP Global Innovation Fund of Fund Direct Growth Very High Risk	0.4%	0.0%	₹966.95 Cr	10.3%
DSP Global Innovation Fund of Fund Regular Growth Very High Risk	1.3%	0.0%	₹966.95 Cr	9.3%
Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth Very High Risk	2.1%	0.0%	₹255.64 Cr	4.6%
Edelweiss US Value Equity Offshore Fund Regular Growth Very High Risk	2.3%	1.0%	₹180.66 Cr	10.7%
Edelweiss US Value Equity Offshore Fund Direct Growth Very High Risk	1.4%	1.0%	₹180.66 Cr	11.7%
ICICI Prudential Global Advantage Fund (FOF) Regular Growth Very High Risk	2.6%	1.0%	₹340.36 Cr	21.5%

About the AMC

Union Mutual Fund

+91 022 67483333

https://www.unionmf.com/

Total AUM

₹22,892 Cr

Address

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

Other Funds by Union Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Union Children's Fund Direct Growth Very High Risk	1.1%	0.0%	₹56.70 Cr	10.0%
Union Innovation & Opportunities Fund Direct Growth Very High Risk	0.9%	1.0%	₹791.61 Cr	15.3%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk	-	0.0%	₹25.17 Cr	7.7%
Union Small Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹5311.92 Cr	8.1%
Union Hybrid Equity Fund Direct Growth Very High Risk	0.9%	1.0%	₹575.71 Cr	7.5%
Union Medium Duration Fund Direct Growth Moderate Risk	0.6%	1.0%	₹80.25 Cr	8.2%
Union Value Discovery Fund Direct Growth Very High Risk	1.1%	1.0%	₹268.43 Cr	8.3%
Union Multicap Fund Direct Growth Very High Risk	1.0%	1.0%	₹959.13 Cr	9.9%
Union Balanced Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1318.79 Cr	6.9%
Union Equity Savings Fund Direct Growth Moderate Risk	1.4%	1.0%	₹393.07 Cr	6.2%
Union Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹231.08 Cr	7.7%
Union Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.5%	0.0%	₹800.30 Cr	6.8%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.2%	1.0%	₹78.06 Cr	8.8%
Union Flexi Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹1994.95 Cr	6.1%
Union Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹5287.85 Cr	7.4%
Union Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1195.82 Cr	12.1%
Union Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹111.74 Cr	9.2%
Union Largecap Fund Direct Growth Very High Risk	1.4%	1.0%	₹401.13 Cr	4.4%
Union Retirement Fund Direct Growth Very High Risk	0.9%	0.0%	₹141.93 Cr	8.1%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.4%	1.0%	₹328.33 Cr	8.6%
Union Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹194.50 Cr	6.6%
Union Focused Fund Direct Growth Very High Risk	1.4%	1.0%	₹363.49 Cr	4.8%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹197.96 Cr	7.5%
Union Large & Midcap Fund Direct Growth Very High Risk	1.1%	1.0%	₹17818.19 Cr	8.6%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Union Innovation & Opportunities Fund Direct Growth?

The NAV of Union Innovation & Opportunities Fund Direct Growth, as of 27-Mar-2025, is ₹12.86.

What is the portfolio composition of Union Innovation & Opportunities Fund Direct Growth?

The fund's allocation of assets is distributed as 95.76% in equities, 0.07% in bonds, and 4.16% in cash and cash equivalents.

Who manages the Union Innovation & Opportunities Fund Direct Growth?

The fund managers responsible for Union Innovation & Opportunities Fund Direct Growth are:-

Sanjay Bembalkar
Gaurav Chopra

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹792 Cr

Expense Ratio

0.87%

ISIN

INF582M01JE6

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

06 Sep 2023

Risk Level

Your principal amount will be at Very High Risk