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Arbitrage📊 NIFTY 50 Arbitrage Index(SEBI default)

Union Arbitrage Fund · Regular · Growth

Union Mutual Fund

#24 of 32 (1Y)

NAV

₹14.7889

as of 16 Jun 2026

Expense Ratio

0.97%

AUM

₹279 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.63%
3Y
+6.72%
5Y
+5.77%
Since Inception
+5.49%

SIP returns (XIRR)

1Y
+5.68%
3Y
+6.28%
5Y
+6.26%
Since Inception
+5.80%

SIP since inception — what ₹100/month became

Real NAV backtest from day one

₹8,800

Invested

₹10,895

Value today

5.8%

XIRR (p.a.)

100/month SIP from fund inception · Current value as of today

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1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,478

Value today

5.5%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹4,40,000

Withdrawn

₹9,33,128

Corpus left

+₹3,73,128 net gain — withdrew ₹4,40,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,38,088

Value today

1.4×

Multiple

Staying invested through that crash turned ₹1L into ₹1,38,088 — a 1.4× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

-0.43

Sharpe Ratio

Alpha

Beta

-0.44

Sortino

0.91%

Std Dev

-0.26%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseUnion Mutual Fund
CategoryArbitrage
BenchmarkNIFTY 50 Arbitrage Index
Launch Date30 Jan 2019
AMFI Code146294
Transaction facts
Min. Lumpsum₹1,000
Min. SIP₹100

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Union Arbitrage Fund · Regular · Growth aims to generate returns by exploiting price differentials between cash and derivatives markets. These funds offer equity taxation benefits with relatively low volatility, making them suitable as an alternative to liquid funds.

About This Fund

Union Arbitrage Fund · Regular · Growth is a Arbitrage mutual fund offered by Union Mutual Fund. The fund has been operational for over 7 years. It manages assets worth ₹279 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 Arbitrage Index. The current expense ratio is 0.97%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations