Union Retirement Fund

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

The Union Retirement Fund is a 3 yrs 1 m old fund and has delivered average annual returns of 18.21% since inception. Union Retirement Fund Returns 1-Year 3-Year Since Inception 6.16% 17.23% 18.21%

Q: How much does this mutual fund charge as expense ratio?

The Union Retirement Fund has an expense ratio of 2.39% , 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.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹16.06+0.31% 1 day change	18.21% p.a.	App exclusive #NA View Ranked Funds	₹178 Cr

Historical NAV & returns

NAV: ₹16.06 as on Oct 20, 2025

This fund Category average

Union Retirement Fund overview

AUM (Fund size)	₹178 Cr
Exit load	0%
Lock-in Period	5 Years
Age	3 yrs 1 m since Sep 01, 2022
Benchmark	BSE 500 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Expense ratio	2.39% as on Sep 30, 2025
Plan type	Regular
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, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

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 Oct 17, 2025

Period	This fund	Category average
1 Month	2.23%	2.58%
3 Months	3.49%	2.85%
6 Months	10.32%	10.22%
1 Year	6.16%	5.89%
2 Years	18.95%	19.82%
3 Years	17.23%	17.91%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 55.68%

Mid Cap 23.75%

Small Cap 18.24%

Other Cap 0%

Top holdings

HDFC Bank Ltd.6.95%

ICICI Bank Ltd.5.93%

Reliance Industries Ltd.3.27%

Infosys Ltd.2.78%

Top sectors

Financial 29.37%

Capital Goods 12.649999999999999%

Automobile 9.45%

Healthcare 7.130000000000001%

Cash & Call Money 3.53%

SOV 0.07%

Top Debt Holdings

Reserve Bank of India 0.08%

Allocation by Instruments

Repo 2.35%

Treasury Bills 0.08%

Other Holdings

Others 2.35%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Union Retirement Fund	2.23%	10.32%	6.16%	17.23%	N.A.	N.A.
ICICI Prudential Retirement Fund - Pure Equity Plan	3.15%	16.01%	13.48%	24.8%	27.99%	12.93%
HDFC Retirement Savings Fund - Equity Plan	2.49%	7.2%	4.78%	19.28%	24.48%	17.89%
Nippon India Retirement Fund - Wealth Creation Scheme	1.65%	7.88%	3.73%	18.09%	20.74%	11.23%
Tata Retirement Savings Progressive	3.35%	8.37%	3.49%	16.21%	16.05%	13.26%
Aditya Birla Sun Life Retirement Fund - The 30s Plan	2.84%	12.77%	7.0%	15.88%	15.07%	7.47%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Union Retirement Fund	12.36	0.91	0.8	1.09
ICICI Prudential Retirement Fund - Pure Equity Plan	14.6	1.06	1.08	1.62
HDFC Retirement Savings Fund - Equity Plan	10.93	0.81	1.06	1.55
Nippon India Retirement Fund - Wealth Creation Scheme	13.15	0.98	0.83	1.16
Tata Retirement Savings Progressive	13.32	0.94	0.62	0.81
Aditya Birla Sun Life Retirement Fund - The 30s Plan	13.2	0.96	0.66	0.98

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Union Retirement Fund	N.A.	178 Cr	3 yrs 1 m	2.39%
ICICI Prudential Retirement Fund - Pure Equity Plan	N.A.	1,410 Cr	6 yrs 8 m	2.07%
HDFC Retirement Savings Fund - Equity Plan	N.A.	6,693 Cr	9 yrs 8 m	1.77%
Nippon India Retirement Fund - Wealth Creation Scheme	N.A.	3,179 Cr	10 yrs 9 m	1.93%
Tata Retirement Savings Progressive	N.A.	2,048 Cr	14 yrs	2.0%
Aditya Birla Sun Life Retirement Fund - The 30s Plan	N.A.	411 Cr	6 yrs 8 m	2.41%

View all Retirement Solutions funds

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

Alpha	1.25 vs. 5.38 Underperformed at beating benchmark
Sharpe	0.8 vs. 5.56 Poor risk-adjusted returns
Beta	0.91 vs. 1.02 Less sensitive to market ups & downs
Standard deviation	12.36 vs. 12.76 More stable returns

Compare Union Retirement Fund in detail with

About this fund

About Union Retirement Fund

Union Retirement Fund is a Retirement Solutions mutual fund scheme from Union Mutual Fund. This fund has been in existence for 3 yrs 1 m, having been launched on 01/09/2022. Union Retirement Fund has ₹178 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Union Retirement Fund as of 20/10/2025 is ₹16.06. The fund has an expense ratio of 2.39%, which is higher than what most other Retirement Solutions funds charge.

Union Retirement Fund returns of last 1-year are 2.15%. Since launch, it has delivered 16.63% average annual returns.
Union Retirement Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Capital Goods, Automobile, Healthcare, Technology sectors. It has taken less exposure in Financial, Capital Goods 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., Infosys Ltd., Tata Consumer Products Ltd..

...

Fund AUM	178 Cr as on Sep 30, 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	29 view all schemes
Total AUM	23,799 Cr as on Sep 30, 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	1Y	5Y
Union Small Cap Fund	N.A.	1,710 Cr	4.9%	25.76%
Union Midcap Fund	N.A.	1,551 Cr	6.55%	25.08%
Union Value Fund	N.A.	340 Cr	5.46%	21.91%
Union ELSS Tax Saver Fund	N.A.	895 Cr	5.93%	20.31%
Union Large & Midcap Fund	N.A.	914 Cr	5.96%	19.75%
Union Flexi Cap Fund	N.A.	2,338 Cr	6.42%	19.61%

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 plan is approximately ₹16.06 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Union Retirement Fund is a 3 yrs 1 m old fund and has delivered average annual returns of 18.21% since inception.

Union Retirement Fund Returns

1-Year	3-Year	Since Inception
6.16%	17.23%	18.21%

How much does this mutual fund charge as expense ratio?

The Union Retirement Fund has an expense ratio of 2.39%, 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.

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 178 Cr as on Sep 30, 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.	6.95%
ICICI Bank Ltd.	5.93%
Reliance Industries Ltd.	3.27%
Infosys Ltd.	2.78%
Tata Consumer Products Ltd.	2.35%
State Bank of India	2.16%
Bharat Electronics Ltd.	2.16%
Larsen & Toubro Ltd.	2.06%
Muthoot Finance Ltd.	1.92%
Mphasis Ltd.	1.91%

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	29.37%
Capital Goods	12.649999999999999%
Automobile	9.45%
Healthcare	7.130000000000001%
Technology	6.549999999999999%
Services	6.0200000000000005%
Energy	5.16%
Consumer Staples	4.81%
Metals & Mining	3.39%
Construction	3.33%

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 can I redeem my investments in Union Retirement Fund?

Redeeming your investments in the Union Retirement 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.

ET Money rank

App exclusive

in Retirement Solutions

#NA

Return Outperformance: This fund has generated highest return amongst Retirement Solutions funds in the last 3 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.