Q: What are the returns of Union Innovation & Opportunities Fund?

The Union Innovation & Opportunities Fund is a 1 yrs 9 m old fund and has delivered average annual returns of 21.49% since inception. Union Innovation & Opportunities Fund Returns 1-Year Since Inception 16.26% 21.49%

Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the Union Innovation & Opportunities Fund - Direct Growth plan is approximately ₹13.94 as of Jun 05, 2025.

Question 2

What are the returns of Union Innovation & Opportunities Fund?

Accepted Answer

The Union Innovation & Opportunities Fund is a 1 yrs 9 m old fund and has delivered average annual returns of 21.49% since inception.

Union Innovation & Opportunities Fund Returns

1-Year	Since Inception
16.26%	21.49%

Question 3

How much does Union Innovation & Opportunities Fund charge as the expense ratio?

Accepted Answer

The Union Innovation & Opportunities Fund - Direct Growth has an expense ratio of 0.73%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

Question 4

What is the AUM or size of Union Innovation & Opportunities Fund?

Accepted Answer

The Union Innovation & Opportunities Fund currently has assets under management (AUM) or fund size valued at approximately ₹884 Crs crore as of Mar 31, 2025.

Question 5

What are the top stock holdings of Union Innovation & Opportunities Fund?

Accepted Answer

The Union Innovation & Opportunities Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Eternal Ltd.	4.25%
Info Edge (India) Ltd.	4.14%
Suzlon Energy Ltd.	3.64%
Affle (India) Ltd.	3.32%
The Federal Bank Ltd.	3.22%
GE Vernova T&D India Ltd.	3.17%
Acutaas Chemicals Ltd.	3.11%
Awfis Space Solutions Ltd.	3.1%
TVS Motor Company Ltd.	3.07%
Dixon Technologies (India) Ltd.	3.05%

Question 6

What are the top sectors Union Innovation & Opportunities Fund has invested in?

Accepted Answer

The Union Innovation & Opportunities Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
Eternal Ltd.	4.25%
Info Edge (India) Ltd.	4.14%
Suzlon Energy Ltd.	3.64%
Affle (India) Ltd.	3.32%
The Federal Bank Ltd.	3.22%
GE Vernova T&D India Ltd.	3.17%
Acutaas Chemicals Ltd.	3.11%
Awfis Space Solutions Ltd.	3.1%
TVS Motor Company Ltd.	3.07%
Dixon Technologies (India) Ltd.	3.05%

Question 7

What is the risk level of Union Innovation & Opportunities Fund?

Accepted Answer

This is a Thematic fund comes with Very High risk.

Question 8

Is there any lock-in period in Union Innovation & Opportunities Fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Union Innovation & Opportunities Fund?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Union Innovation & Opportunities Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Union Innovation & Opportunities Fund is complete.

Question 10

How can I redeem my investments in Union Innovation & Opportunities Fund?

Accepted Answer

Redeeming your investments in Union Innovation & Opportunities Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Union Innovation & Opportunities Fund from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.73% as on May 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 1 year.!
AUM (Fund size)	₹884 Crs
Lock-in	No Lockin
Age	1 yrs 9 m since Aug 16, 2023
Benchmark	NIFTY 500 TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Period	This fund	Category average
1 Month	9.76%	7.24%
3 Months	12.24%	12.96%
6 Months	-8.77%	-3.03%
1 Year	16.26%	7.25%

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Union Innovation & Opportunities Fund	N.A.	₹884 Crs	1 yrs 9 m	0.73%
ICICI Prudential Manufacturing Fund	N.A.	₹6,231 Crs	6 yrs 8 m	0.73%
Sundaram Services Fund	N.A.	₹3,998 Crs	6 yrs 9 m	0.75%
ICICI Prudential Commodities Fund	N.A.	₹2,620 Crs	5 yrs 8 m	0.99%
ICICI Prudential Exports and Services Fund	N.A.	₹1,362 Crs	12 yrs 5 m	1.69%
UTI Transportation and Logistics Fund	N.A.	₹3,292 Crs	12 yrs 5 m	0.84%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Innovation & Opportunities Fund	9.76%	-8.77%	16.26%	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	8.53%	-0.7%	4.09%	28.93%	31.52%	13.9%
Sundaram Services Fund	4.39%	2.13%	20.32%	22.25%	27.91%	13.99%
ICICI Prudential Commodities Fund	6.24%	-0.88%	1.86%	21.82%	37.15%	15.91%
ICICI Prudential Exports and Services Fund	4.18%	2.52%	15.42%	23.15%	27.01%	15.15%
UTI Transportation and Logistics Fund	4.55%	-0.96%	-1.32%	25.2%	29.06%	13.26%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Innovation & Opportunities Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	16.93	1.08	1.17	1.71
Sundaram Services Fund	13.51	0.87	1.05	1.79
ICICI Prudential Commodities Fund	16.79	1.03	0.83	1.27
ICICI Prudential Exports and Services Fund	11.63	0.76	1.28	2.59
UTI Transportation and Logistics Fund	16.46	0.98	1.02	1.45

Union Innovation & Opportunities Fund Direct - Growth

Historical NAV & returns

Union Innovation & Opportunities Fund overview

Union Innovation & Opportunities Fund Returns calculator

Trailing returns as on Jun 01, 2025

Asset allocationas on Apr 30, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

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About this fund

About Union Innovation & Opportunities Fund

Fund managers

Investment objective

Union Mutual Fund details

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Union Innovation & Opportunities Fund Returns

ET Money rank

Fund AUM	₹884 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

No. of schemes	26 view all schemes
Total AUM	₹19,972 Crs as on Mar 31, 2025
Address	Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai, 400059
Email	investorcare@unionmf.com
Phone	(022) 6748 3300

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Union Small Cap Fund	N.A.	₹1,468 Crs	9.22%	32.26%
Union Midcap Fund	N.A.	₹1,347 Crs	12.02%	31.77%
Union Value Fund	N.A.	₹302 Crs	8.61%	24.98%
Union Large & Midcap Fund	N.A.	₹824 Crs	9.15%	24.4%
Union Flexi Cap Fund	N.A.	₹2,227 Crs	9.43%	23.97%
Union ELSS Tax Saver Fund	N.A.	₹872 Crs	8.98%	23.93%

Sector	Percentage of Portfolio
Services	27.12%
Capital Goods	21.2%
Automobile	10.16%
Financial	10.01%
Healthcare	9.45%
Technology	8.46%
Construction	2.68%
Consumer Discretionary	1.81%
Energy	1.7%
Chemicals	1.08%