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OmniAsset › Mutual funds › Union Innovation & Opportunities Fund

Union Innovation & Opportunities Fund

Sectoral / Thematic fund benchmarked to Nifty 500 Index (TRI) Nifty Benchmark Disclaimer: The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE Indices Limited (Formerly Indian Index Services & Products Limited) (IISL). NSE Indices Limited does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of “the Product” or any member of the public regarding the advisability of investing in securities generally or in the “the Product” linked to Nifty 500 Index or particularly in the ability of the Nifty 500 Index, to track general stock market performance in India.. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202616.84
CategorySectoral / Thematic
PlanDirect · Idcw
Launched16 Aug 2023
Risk labelthe scheme's own riskometerVery High Risk Note: The product labelling assigned during the New Fund Offer is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made.
Legal benchmarkSEBI Tier-1Nifty 500 Index (TRI) Nifty Benchmark Disclaimer: The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE Indices Limited (Formerly Indian Index Services & Products Limited) (IISL). NSE Indices Limited does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of “the Product” or any member of the public regarding the advisability of investing in securities generally or in the “the Product” linked to Nifty 500 Index or particularly in the ability of the Nifty 500 Index, to track general stock market performance in India.
Expense ratiodirect plan, a year0.98%
AUM₹0.27 Cr
Growth of ₹10,000₹16,94213 Sep 2023 to 2 Sep 2026
₹17,173₹15,299₹13,425₹11,551₹9,678Sep 2023Jun 2024Mar 2025Dec 2025Sep 2026
₹16,942 (+19.4% a year) Union Innovation & Opportunities Fund

Performance (trailing, annualised)

1Y annualised14.18%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,38,05328.91%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202442.90%
Calendar 2025-2.58%

Rolling returns

Rolling 1Y · average102 windows since 13 Sep 202414.76%
Rolling 1Y · median10.55%
Rolling 1Y · worst window-6.03%
Rolling 1Y · best window49.83%
Rolling 1Y · windows positive92%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)17.82%
Downside deviation (3Y)13.04%
Maximum drawdown-23.94%

Management

Fund managerMr. Gaurav Chopra, Mr. Sanjay Bembalkar
Managing since1 Nov 2024

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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