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Sectoral / Thematicregulargrowth📊 NIFTY 500 TRI(SEBI default)

Union Innovation & Opportunities Fund - Regular Plan - Growth Option

Union Mutual Fund

#102 of 213 (1Y)

₹14.2000

0.10 (-0.70%)

NAV as of 29 May 2026

Today's NAV — all variants

Regular · Growth

₹₹14.2000

0.10 (-0.70%)

29 May 2026

AMFI: 151903

Direct · Growth

₹₹14.7800

0.10 (-0.67%)

29 May 2026

AMFI: 151905

Regular · IDCW

₹₹14.2000

0.10 (-0.70%)

29 May 2026

AMFI: 151906

Direct · IDCW

₹₹14.7800

0.10 (-0.67%)

29 May 2026

AMFI: 151904

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-4.83%
1 Month-0.22%
3 Months+0.00%
6 Months-6.91%
1 Year+2.87%
3 Years (CAGR)
5 Years (CAGR)
10 Years (CAGR)
Since Inception (Aug 2023)+11.84%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP-1.46%
3 Year SIP
5 Year SIP
Since Inception (Aug 2023)+5.86%

SIP since inception — what ₹100/month became

Real NAV backtest from day one

₹3,200

Invested

₹3,586

Value today

8.5%

XIRR (p.a.)

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

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,420

Value today

13.7%

CAGR (p.a.)

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

Try Lumpsum Calculator

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹7,97,141

Value today

-6.4%

vs lumpsum

Direct lumpsum would have beaten STP by 6.4% — but STP reduced timing risk

Model your own STP with real NAV

Beat the benchmark — ₹100/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹3,586

Benchmark

₹3,392

+₹194 extra wealth vs the benchmark index

Backtest this SIP yourself

Direct vs Regular — ₹500/month over 2 years

Expense ratio drag on your actual returns

Direct plan

₹13,394

Regular plan

₹13,185

Direct earns ₹209 more on a ₹12K investment0.87% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseUnion Mutual Fund
CategorySectoral / Thematic
Plan Typeregular
Optiongrowth
AUM₹1,048 Cr
Expense Ratio2.21%
Min SIP₹100
Min Lumpsum₹1,000
BenchmarkNIFTY 500 TRI ✓
Launch Date16 Aug 2023
AMFI Code151903

Risk Metrics

Trailing 1 year, annualised

-0.37

Sharpe Ratio

-0.05

Alpha

0.57

Beta

-0.34

Sortino

19.34%

Std Dev

-24.26%

Max Drawdown

Portfolio Holdings

Holdings data not yet available for this fund.

Performance Comparison

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Investment Objective

Union Innovation & Opportunities Fund - Regular Plan - Growth Option invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.

About This Fund

Union Innovation & Opportunities Fund - Regular Plan - Growth Option is a Sectoral / Thematic mutual fund offered by Union Mutual Fund. The fund has been operational for over 2 years. It manages assets worth ₹1,048 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.21%.

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