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Union Innovation & Opportunities Fund Regular Growth
EquityGlobal - OtherVery High Risk
Regular
NAV (21-Nov-24)
₹13.73-0.36%1D
Returns (Since Inception)
29.95%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹848 Cr
Expense Ratio
2.24%
ISIN
INF582M01JA4
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
06 Sep 2023
About this fund
Union Innovation & Opportunities Fund Regular Growth is a Global - Other mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 1 years, 2 months and 16 days, having been launched on 06-Sep-23.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹13.73, Assets Under Management (AUM) of 847.59 Crores, and an expense ratio of 2.24%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹13.73, Assets Under Management (AUM) of 847.59 Crores, and an expense ratio of 2.24%.
- Union Innovation & Opportunities Fund Regular Growth has given a CAGR return of 29.95% since inception.
- The fund's asset allocation comprises around 94.59% in equities, 0.00% in debts, and 5.41% in cash & cash equivalents.
- You can start investing in Union Innovation & Opportunities Fund Regular 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
+35.14%
— (Cat Avg.)
Since Inception
+29.95%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹801.7 Cr | 94.59% |
| Others | ₹45.89 Cr | 5.41% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹51.56 Cr | 6.08% |
| Info Edge (India) Ltd | Equity | ₹43.86 Cr | 5.17% |
| Zomato Ltd | Equity | ₹31.31 Cr | 3.69% |
| Dixon Technologies (India) Ltd | Equity | ₹26.76 Cr | 3.16% |
| Ami Organics Ltd | Equity | ₹25.2 Cr | 2.97% |
| Trent Ltd | Equity | ₹24.47 Cr | 2.89% |
| SJS Enterprises Ltd | Equity | ₹23.76 Cr | 2.80% |
| Sona BLW Precision Forgings Ltd | Equity | ₹23.63 Cr | 2.79% |
| Kaynes Technology India Ltd | Equity | ₹23.01 Cr | 2.71% |
| Garware Hi-Tech Films Ltd | Equity | ₹22.72 Cr | 2.68% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹21.81 Cr | 2.57% |
| Netweb Technologies India Ltd | Equity | ₹21.04 Cr | 2.48% |
| PB Fintech Ltd | Equity | ₹21.04 Cr | 2.48% |
| Neogen Chemicals Ltd | Equity | ₹20.49 Cr | 2.42% |
| Phoenix Mills Ltd | Equity | ₹19.15 Cr | 2.26% |
| Sonata Software Ltd | Equity | ₹18.81 Cr | 2.22% |
| CarTrade Tech Ltd | Equity | ₹18.66 Cr | 2.20% |
| KFin Technologies Ltd | Equity | ₹18.66 Cr | 2.20% |
| Varun Beverages Ltd | Equity | ₹17.55 Cr | 2.07% |
| CE Info Systems Ltd | Equity | ₹17.36 Cr | 2.05% |
| Affle India Ltd | Equity | ₹16.86 Cr | 1.99% |
| CG Power & Industrial Solutions Ltd | Equity | ₹16.78 Cr | 1.98% |
| Quick Heal Technologies Ltd | Equity | ₹16.28 Cr | 1.92% |
| FSN E-Commerce Ventures Ltd | Equity | ₹15.95 Cr | 1.88% |
| KPIT Technologies Ltd | Equity | ₹15.79 Cr | 1.86% |
| TVS Motor Co Ltd | Equity | ₹15.71 Cr | 1.85% |
| Home First Finance Co India Ltd --- | Equity | ₹15.54 Cr | 1.83% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹15.44 Cr | 1.82% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹15.37 Cr | 1.81% |
| Awfis Space Solutions Ltd | Equity | ₹14.63 Cr | 1.73% |
| Ethos Ltd | Equity | ₹14.58 Cr | 1.72% |
| JSW Energy Ltd | Equity | ₹14.39 Cr | 1.70% |
| Avantel Ltd | Equity | ₹14.2 Cr | 1.68% |
| Praj Industries Ltd | Equity | ₹13.92 Cr | 1.64% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹13.02 Cr | 1.54% |
| UNO Minda Ltd | Equity | ₹12.95 Cr | 1.53% |
| Bharat Electronics Ltd | Equity | ₹12.72 Cr | 1.50% |
| Happiest Minds Technologies Ltd Ordinary Shares | Equity | ₹10.63 Cr | 1.25% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹10.15 Cr | 1.20% |
| Tata Power Co Ltd | Equity | ₹10 Cr | 1.18% |
| ABB India Ltd | Equity | ₹9.95 Cr | 1.17% |
| Escorts Kubota Ltd | Equity | ₹9.22 Cr | 1.09% |
| Gravita India Ltd | Equity | ₹8.72 Cr | 1.03% |
| Delhivery Ltd | Equity | ₹8.71 Cr | 1.03% |
| Motherson Sumi Wiring India Ltd | Equity | ₹8.41 Cr | 0.99% |
| Saregama India Ltd | Equity | ₹7.91 Cr | 0.93% |
| Jio Financial Services Ltd | Equity | ₹7.74 Cr | 0.91% |
| Glenmark Life Sciences Ltd | Equity | ₹6.95 Cr | 0.82% |
| Net Receivable / Payable | Cash - Collateral | ₹-6.4 Cr | 0.76% |
| L&T Technology Services Ltd | Equity | ₹5.94 Cr | 0.70% |
| Premier Energies Ltd | Equity | ₹3.96 Cr | 0.47% |
| 364 DTB 26122024 | Bond - Gov't/Treasury | ₹0.73 Cr | 0.09% |
Allocation By Market Cap (Equity)
Large Cap Stocks
18.17%
Mid Cap Stocks
33.13%
Small Cap Stocks
42.82%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Technology | ₹191.23 Cr | 22.56% |
| Consumer Cyclical | ₹189.42 Cr | 22.35% |
| Industrials | ₹133.11 Cr | 15.71% |
| Communication Services | ₹68.63 Cr | 8.10% |
| Basic Materials | ₹68.4 Cr | 8.07% |
| Financial Services | ₹54.46 Cr | 6.43% |
| Healthcare | ₹35.35 Cr | 4.17% |
| Utilities | ₹24.39 Cr | 2.88% |
| Real Estate | ₹19.15 Cr | 2.26% |
| Consumer Defensive | ₹17.55 Cr | 2.07% |
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
Since November 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF582M01JA4 | Expense Ratio 2.24% | Exit Load 1.00% | Fund Size ₹848 Cr | Age 1 year 2 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 | 2.1% | 1.0% | ₹7.62 Cr | 21.8% |
| HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk | 1.7% | 1.0% | ₹7.62 Cr | 22.2% |
| Franklin Asian Equity Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹250.36 Cr | 14.6% |
| DSP Global Innovation Fund of Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹881.85 Cr | 28.5% |
| DSP Global Innovation Fund of Fund Regular Growth Very High Risk | 2.0% | 0.0% | ₹881.85 Cr | 27.4% |
| Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth Very High Risk | 2.1% | 0.0% | ₹237.73 Cr | 25.5% |
| Edelweiss US Value Equity Offshore Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹121.56 Cr | 26.7% |
| Edelweiss US Value Equity Offshore Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹121.56 Cr | 27.8% |
| ICICI Prudential Global Advantage Fund (FOF) Regular Growth Very High Risk | 2.0% | 1.0% | ₹322.51 Cr | 20.0% |
About the AMC
Union Mutual Fund
Total AUM
₹21,661 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 | 0.9% | 0.0% | ₹59.22 Cr | - |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹847.59 Cr | 37.2% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | - | 8.0% |
| Union Small Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹5352.82 Cr | 19.0% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹630.99 Cr | 18.9% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹227.80 Cr | 8.0% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹294.54 Cr | 24.7% |
| Union Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1075.38 Cr | 24.5% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1462.37 Cr | 15.8% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹340.50 Cr | 11.5% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹245.03 Cr | 8.4% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹930.85 Cr | 22.0% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.2% | 1.0% | ₹79.52 Cr | 9.0% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1756.94 Cr | 21.1% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5349.95 Cr | 7.5% |
| Union Midcap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1350.50 Cr | 30.1% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹150.10 Cr | 9.7% |
| Union Largecap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹433.40 Cr | 20.0% |
| Union Retirement Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹151.21 Cr | 23.2% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹279.48 Cr | 8.5% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹371.73 Cr | 6.7% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹415.68 Cr | 20.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹173.97 Cr | 7.4% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹833.86 Cr | 23.6% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Union Innovation & Opportunities Fund Regular Growth?
The NAV of Union Innovation & Opportunities Fund Regular Growth, as of 21-Nov-2024, is ₹13.73.
What is the portfolio composition of Union Innovation & Opportunities Fund Regular Growth?
The fund's allocation of assets is distributed as 94.59% in equities, 0.00% in bonds, and 5.41% in cash and cash equivalents.
Who manages the Union Innovation & Opportunities Fund Regular Growth?
The fund managers responsible for Union Innovation & Opportunities Fund Regular 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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.