Union Retirement Fund Direct - Growth

Q: What are the returns of Union Retirement Fund?

The Union Retirement Fund is a 2 yrs 9 m old fund and has delivered average annual returns of 20.76% since inception. Union Retirement Fund Returns 1-Year Since Inception 9.55% 20.76%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.94+0.69% 1 day change	20.76% p.a.	#NA View Ranked Funds	₹161 Crs

Historical NAV & returns

NAV: ₹15.94 as on Jun 05, 2025

This fund Category average

Union Retirement Fund overview

Expense ratio	1.0% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹161 Crs
Lock-in	5 Years
Age	2 yrs 9 m since Sep 01, 2022
Benchmark	BSE 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

Union Retirement Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 01, 2025

Period	This fund	Category average
1 Month	4.94%	5.76%
3 Months	12.17%	12.78%
6 Months	-1.48%	-1.49%
1 Year	9.55%	9.95%
2 Years	22.46%	23.22%

View returns in detail

Asset allocationas on Apr 30, 2025

Large Cap 61.461482%

Mid Cap 16.906364%

Small Cap 15.452153999999998%

Other Cap 0.0%

Top holdings

HDFC Bank Ltd.8.27%

ICICI Bank Ltd.6.95%

Reliance Industries Ltd.3.73%

Bharti Airtel Ltd.3.38%

Top sectors

Financial 27.469999999999995%

Healthcare 9.24%

Technology 7.63%

Energy 7.239999999999999%

Cash & Call Money 3.53%

SOV 0.07%

Top Debt Holdings

Reserve Bank of India 0.09%

Allocation by Instruments

Repo 6.21%

Treasury Bills 0.09%

Other Holdings

Others 6.21%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Union Retirement Fund	N.A.	₹161 Crs	2 yrs 9 m	1.0%
HDFC Retirement Savings Fund - Equity Plan	N.A.	₹5,983 Crs	9 yrs 4 m	0.74%
ICICI Prudential Retirement Fund - Pure Equity Plan	N.A.	₹1,129 Crs	6 yrs 4 m	0.74%
Nippon India Retirement Fund - Wealth Creation Scheme	N.A.	₹3,119 Crs	10 yrs 4 m	0.98%
Tata Retirement Savings Progressive	N.A.	₹1,978 Crs	12 yrs 5 m	0.54%
Aditya Birla Sun Life Retirement Fund - The 30s Plan	N.A.	₹380 Crs	6 yrs 3 m	1.16%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Retirement Fund	4.94%	-1.48%	9.55%	N.A.	N.A.	N.A.
HDFC Retirement Savings Fund - Equity Plan	3.23%	-0.75%	9.18%	23.02%	28.91%	18.96%
ICICI Prudential Retirement Fund - Pure Equity Plan	8.2%	1.75%	12.97%	26.69%	30.84%	13.29%
Nippon India Retirement Fund - Wealth Creation Scheme	4.16%	-4.67%	8.78%	21.31%	24.05%	12.75%
Tata Retirement Savings Progressive	7.22%	-2.0%	12.6%	20.42%	21.03%	15.52%
Aditya Birla Sun Life Retirement Fund - The 30s Plan	7.7%	-0.81%	11.89%	18.36%	18.1%	7.99%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Retirement Fund	N.A.	N.A.	N.A.	N.A.
HDFC Retirement Savings Fund - Equity Plan	11.87	0.8	1.28	1.95
ICICI Prudential Retirement Fund - Pure Equity Plan	14.68	0.95	1.18	1.74
Nippon India Retirement Fund - Wealth Creation Scheme	14.45	0.98	0.95	1.37
Tata Retirement Savings Progressive	13.76	0.88	0.92	1.2
Aditya Birla Sun Life Retirement Fund - The 30s Plan	14.36	0.95	0.79	1.25

View all Retirement Solutions funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Union Retirement Fund in detail with

About this fund

About Union Retirement Fund

Union Retirement Fund Direct - Growth is a Retirement Solutions mutual fund scheme from Union Mutual Fund. This fund has been in existence for 2 yrs 9 m, having been launched on 01/09/2022. Union Retirement Fund Direct - Growth has ₹161 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Retirement Fund Direct - Growth as of 05/06/2025 is ₹15.94. The fund has an expense ratio of 1.0%, which is higher than what most other Retirement Solutions funds charge.

Union Retirement Fund Direct - Growth returns of last 1-year are 11.47%. Since launch, it has delivered 18.82% average annual returns.
The fund has the majority of its money invested in Financial, Healthcare, Technology, Energy, Capital Goods sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., Infosys Ltd..

...

Fund AUM	₹161 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Vinod Malviya

Mr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared) Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.

Pratik Dharmshi

Mr. Dharmshi has done B. Com & CA Prior to joining Union AMC, he was associated with UTI Pension Fund Limited, Safe Enterprises, Girik Capital, Edelweiss AMC, JP Morgan India Pvt. Ltd., CRISIL Ltd. & Morgan Stanley Advantage Services Pvt. Ltd.

Investment objective

The Scheme seeks to generate long term capital gains by investing in a mix of securities comprising of equity, equity related securities and debt instruments as per the asset allocation pattern of the Scheme with a view to provide a retirement investment solution to investors.

Union Mutual Fund details

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

More funds from Union Mutual Fund

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%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Union Retirement Fund?

The current Net Asset Value (NAV) of the Union Retirement Fund - Direct Growth plan is approximately ₹15.94 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Union Retirement Fund is a 2 yrs 9 m old fund and has delivered average annual returns of 20.76% since inception.

Union Retirement Fund Returns

1-Year	Since Inception
9.55%	20.76%

How much does this mutual fund charge as expense ratio?

The Union Retirement Fund - Direct Growth has an expense ratio of 1.0%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Union Retirement Fund currently has assets under management (AUM) or fund size valued at approximately ₹161 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Union Retirement Fund?

The Union Retirement Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	8.27%
ICICI Bank Ltd.	6.95%
Reliance Industries Ltd.	3.73%
Bharti Airtel Ltd.	3.38%
Infosys Ltd.	3.2%
Tata Consumer Products Ltd.	2.68%
Larsen & Toubro Ltd.	2.64%
Axis Bank Ltd.	2.14%
State Bank of India	1.94%
Tata Consultancy Services Ltd.	1.63%

What are the top sectors Union Retirement Fund has invested in?

The Union Retirement Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	27.469999999999995%
Healthcare	9.24%
Technology	7.63%
Energy	7.239999999999999%
Capital Goods	7.159999999999999%
Automobile	6.24%
Consumer Staples	5.26%
Services	4.86%
Construction	4.0%
Chemicals	3.7300000000000004%

What is risk level of Union Retirement Fund?

This is a Retirement Solutions fund comes with Very High risk.

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

Yes, this fund comes with a mandatory lock-in period of 5 years.

How do I invest in Union Retirement Fund?

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 Retirement 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 Retirement Fund is complete.

How can I redeem my investments in Union Retirement Fund?

Redeeming your investments in Union Retirement 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 Retirement Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Retirement Solutions

#NA

Return Outperformance: This fund has generated highest return amongst Retirement Solutions funds in the last 2 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.