Q: What are the returns of this mutual fund scheme?

The Union Multi Asset Allocation Fund Direct-Growth is a 1 yrs 5 m old fund and has delivered average annual returns of 14.58% since inception. Union Multi Asset Allocation Fund Direct-Growth Returns 1-Year Since Inception 23.43% 14.58%

Question 1

What is the current NAV of Union Multi Asset Allocation Fund Direct-Growth?

Accepted Answer

The current Net Asset Value (NAV) of the Union Multi Asset Allocation Fund - Direct Growth plan is approximately ₹12.17 as of Feb 02, 2026.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Union Multi Asset Allocation Fund Direct-Growth is a 1 yrs 5 m old fund and has delivered average annual returns of 14.58% since inception.

Union Multi Asset Allocation Fund Direct-Growth Returns

1-Year	Since Inception
23.43%	14.58%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Union Multi Asset Allocation Fund - Direct Growth has an expense ratio of 0.99%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Union Multi Asset Allocation Fund currently has assets under management (AUM) or fund size valued at approximately 837 Cr as on Dec 31, 2025.

Question 5

What are the top stock holdings of Union Multi Asset Allocation Fund?

Accepted Answer

The Union Multi Asset Allocation Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.87%
ICICI Bank Ltd.	4.06%
Bharti Airtel Ltd.	3.88%
Reliance Industries Ltd.	3.54%
State Bank of India	3.39%
Infosys Ltd.	2.12%
Maruti Suzuki India Ltd.	1.91%
TVS Motor Company Ltd.	1.76%
Axis Bank Ltd.	1.7%
ITC Ltd.	1.68%

Question 6

What are the top sectors Union Multi Asset Allocation Fund has invested in?

Accepted Answer

The Union Multi Asset Allocation Fund's equity portion is primarily invested in the following sectors -

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.87%
ICICI Bank Ltd.	4.06%
Bharti Airtel Ltd.	3.88%
Reliance Industries Ltd.	3.54%
State Bank of India	3.39%
Infosys Ltd.	2.12%
Maruti Suzuki India Ltd.	1.91%
TVS Motor Company Ltd.	1.76%
Axis Bank Ltd.	1.7%
ITC Ltd.	1.68%

Question 7

To whom does Union Multi Asset Allocation Fund lend to?

Accepted Answer

The top 3 debt holdings of Union Multi Asset Allocation Fund are as follows

Holding Name	Percentage of Portfolio
Power Finance Corporation Ltd.	3.01%
Indian Railway Finance Corporation Ltd.	3.01%
Reserve Bank of India	0.83%

Question 8

What is the quality of borrowers this mutual fund scheme lends to?

Accepted Answer

The credit rating of the instruments in which the fund invests represents the quality of the borrower. The Union Multi Asset Allocation Fund's debt portion's allocation by credit quality is given below

Holding Name	Percentage of Portfolio
Power Finance Corporation Ltd.	3.01%
Indian Railway Finance Corporation Ltd.	3.01%
Reserve Bank of India	0.83%

Question 9

What is risk level of Union Multi Asset Allocation Fund?

Accepted Answer

This is a Multi Asset Allocation fund comes with Very High risk.

Question 10

Is there any lock-in period in this mutual fund?

Accepted Answer

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

Question 11

How do I invest in Union Multi Asset Allocation Fund Direct-Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

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 Multi Asset Allocation Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Union Multi Asset Allocation Fund is complete.

Question 12

How can I redeem my investments in Union Multi Asset Allocation Fund?

Accepted Answer

Redeeming your investments in the Union Multi Asset Allocation Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.99% as on Feb 02, 2026
Exit load	1.0% Exit load of 1%, if redeemed within 15 days.!
AUM (Fund size)	₹837 Cr
Lock-in Period	Nil
Age	1 yrs 5 m since Aug 20, 2024
Benchmark	NA
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Risk	Very High

Period	This fund	Category average
1 Month	-0.41%	-1.22%
3 Months	4.55%	2.21%
6 Months	13.21%	8.07%
1 Year	23.43%	16.73%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Multi Asset Allocation Fund	-0.41%	13.21%	23.43%	N.A.	N.A.	N.A.
ICICI Prudential Multi Asset Fund	-2.19%	7.57%	14.7%	19.7%	20.95%	17.82%
Nippon India Multi Asset Allocation Fund	-0.58%	11.43%	22.85%	21.84%	17.77%	10.04%
ICICI Prudential Dynamic Asset Allocation Active FoF	-2.04%	2.44%	9.92%	14.27%	13.42%	13.72%
Kotak Multi Asset Omni FoF	-2.27%	8.93%	16.46%	19.42%	18.74%	16.5%
SBI Multi Asset Allocation Fund	-0.48%	10.9%	19.94%	20.04%	15.69%	12.86%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Multi Asset Allocation Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Multi Asset Fund	6.64	0.7	1.93	2.93
Nippon India Multi Asset Allocation Fund	7.42	0.81	2.08	2.94
ICICI Prudential Dynamic Asset Allocation Active FoF	5.33	0.54	1.44	2.05
Kotak Multi Asset Omni FoF	7.92	0.89	1.75	2.12
SBI Multi Asset Allocation Fund	6.48	0.69	2.04	3.28

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Multi Asset Allocation Fund	N.A.	837 Cr	1 yrs 5 m	0.99%
ICICI Prudential Multi Asset Fund	N.A.	78,179 Cr	13 yrs 1 m	0.65%
Nippon India Multi Asset Allocation Fund	N.A.	10,661 Cr	5 yrs 5 m	0.26%
ICICI Prudential Dynamic Asset Allocation Active FoF	N.A.	29,170 Cr	13 yrs 1 m	0.25%
Kotak Multi Asset Omni FoF	N.A.	2,255 Cr	13 yrs 1 m	0.39%
SBI Multi Asset Allocation Fund	N.A.	13,033 Cr	13 yrs 1 m	0.58%

Union Multi Asset Allocation Fund Direct-Growth

Historical NAV & returns

Union Multi Asset Allocation Fund overview

Union Multi Asset Allocation Fund Returns calculator

Trailing returns as on Feb 03, 2026

Asset allocationas on Dec 31, 2025

Peer comparison

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

About this fund

About Union Multi Asset Allocation Fund

Fund managers

Investment objective

Union Mutual Fund details

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Frequently asked questions

Union Multi Asset Allocation Fund Direct-Growth Returns

ET Money rank

Fund AUM	837 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

No. of schemes	29 view all schemes
Total AUM	25,989 Cr as on Dec 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	1Y	5Y
Union Aggressive Hybrid Fund	N.A.	689 Cr	8.04%	12.54%
Union Balanced Advantage Fund	N.A.	1,347 Cr	7.16%	8.9%
Union Equity Savings Fund	N.A.	144 Cr	5.56%	6.96%
Union Arbitrage Fund	N.A.	274 Cr	6.48%	6.26%

Sector	Percentage of Portfolio
Financial	23.240000000000002%
Automobile	6.76%
Energy	5.130000000000001%
Capital Goods	4.73%
Technology	4.5%
Consumer Staples	3.99%
Communication	3.88%
Chemicals	3.14%
Services	2.8999999999999995%
Construction	2.1100000000000003%

Credit Quality	Percentage of Portfolio
AAA	7.21%
Cash & Call Money	4.36%
Cash	4.25%