Union Arbitrage Fund - Direct (IDCW)

Arbitrage Fund

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NAV
14.87(0.06%)
Fund Size (CR)
₹275.51
Expense Ratio
0.37
Scheme Type
Active Fund
Value Research
-

Min. investment
₹1,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1,000
Exit Load
0.25%
Return Since Launch
6.03%

Absolute Return: 1.61%

Annualized Return: 0%

Basic Details

Scheme Manager

Vishal Thakker

Bench Mark

Nifty 50 Arbitrage TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	April 2, 2026	10009.49	0.09%	-	0.12%	123/183
1 Month	March 10, 2026	10068.22	0.68%	-	0.63%	33/175
3 Month	January 9, 2026	10159.69	1.60%	-	1.56%	70/175
6 Month	October 10, 2025	10329.70	3.30%	-	3.25%	70/166
1 Year	April 9, 2025	10631.25	6.31%	6.31%	6.23%	65/164
3 Year	April 10, 2023	12407.17	24.07%	7.45%	7.12%	47/142
5 Year	April 9, 2021	13615.70	36.16%	6.36%	6.07%	47/140
Since Inception	February 20, 2019	15186.00	51.86%	6.03%	5.58%	97/183

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	May 2, 2025	1,20,000	126284.32	5.24%	5.24%
3 Year	May 2, 2023	3,60,000	407452.32	13.18%	4.21%
5 Year	May 3, 2021	6,00,000	726953.67	21.16%	3.91%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.13%

Standard Deviation

0.72%

Beta

0.55%

Sharpe Ratio

-0.73%

Treynor's Ratio

-0.08%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	4.47%	147400	10.78	Equity	Banks
Reliance Industr	3.31%	59500	8.00	Equity	Refineries
Bharti Airtel	2.70%	36575	6.52	Equity	Telecom-Service
Kotak Mah. Bank	2.08%	142000	5.02	Equity	Banks
Max Financial	1.85%	30000	4.47	Equity	Miscellaneous
IndusInd Bank	1.83%	58800	4.42	Equity	Banks
Tata Steel	1.71%	214500	4.12	Equity	Steel
Hindalco Inds.	1.69%	46200	4.09	Equity	Non Ferrous Metals
JSW Steel	1.66%	35775	4.02	Equity	Steel
Eternal	1.61%	169750	3.89	Equity	E-Commerce/App based Aggregator

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Union Arbitrage Fund - Direct (IDCW)	275.51	0.68%	1.60%	3.30%	6.31%	7.45%
Quant Arbitrage Fund - Direct (G)	293.93	0.69%	1.83%	3.83%	7.41%	-
Quant Arbitrage Fund - Direct (IDCW)	293.93	0.68%	1.80%	3.78%	7.34%	-
Motilal Oswal Arbitrage Fund - Direct (G)	2392.39	0.71%	1.72%	3.70%	7.31%	-
Motilal Oswal Arbitrage Fund - Direct (IDCW)	2392.39	0.70%	1.71%	3.69%	7.31%	-
Bandhan Arbitrage - Direct (IDCW-M)	8650.08	0.65%	1.59%	3.86%	7.04%	7.79%

List of Schemes under Union Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Union Multicap Fund	Equity	Very High	16.64%	0	₹1,184.05
Union Largecap Fund	Equity	Very High	8.7%	3	₹402.94
Union Large & Midcap Fund	Equity	Very High	15.17%	2	₹832.94
Union Midcap Fund	Equity	Very High	20.7%	3	₹1,497.77
Union Small Cap Fund	Equity	Very High	24.4%	2	₹1,665.52
Union Value Fund	Equity	Very High	15.42%	2	₹337.13
Union Focused Fund	Equity	Very High	14.18%	2	₹377.78
Union Innovation & Opportunities Fund	Equity	Very High	16.57%	0	₹972.08
Union Business Cycle Fund	Equity	Very High	12.53%	0	₹456.30
Union Active Momentum Fund	Equity	Very High	11.1%	0	₹389.60
Union Consumption Fund	Equity	Very High	0%	0	₹286.44
Union ELSS Tax Saver Fund	Equity	Very High	11.81%	3	₹772.09
Union Overnight Fund	Debt	Low	5.45%	4	₹398.33
Union Liquid Fund	Debt	Moderately Low	6.36%	3	₹5,755.60
Union Low Duration Fund	Debt	Moderately Low	0%	0	₹819.91
Union Money Market Fund	Debt	Moderately Low	6.74%	1	₹682.95
Union Short Duration Fund	Debt	Moderate	5.81%	0	₹97.85
Union Dynamic Bond Fund	Debt	Moderate	-0.48%	1	₹92.26
Union Corporate Bond Fund	Debt	Moderate	5.31%	2	₹545.79
Union Gilt Fund	Debt	Moderate	-1.6%	2	₹90.65
Union Aggressive Hybrid Fund	Hybrid	Very High	10.76%	2	₹652.00
Union Balanced Advantage Fund	Hybrid	High	7.81%	3	₹1,191.64
Union Multi Asset Allocation Fund	Hybrid	Very High	23.39%	0	₹888.12
Union Arbitrage Fund	Hybrid	Low	6.31%	2	₹241.25
Union Equity Savings Fund	Hybrid	Moderate	5.81%	1	₹138.33
Union Retirement Fund	Solution Oriented	Very High	16.37%	3	₹177.42
Union Children's Fund	Solution Oriented	Very High	13.36%	0	₹74.62
Union Gold ETF Fund of Fund	Other	High	61.55%	0	₹157.94
Union Income Plus Arbitrage Active FOF	Other	Moderate	0%	0	₹69.96
Union Diversified Equity All Cap Active FOF	Other	Very High	0%	0	₹167.88
Union Flexi Cap Fund	Equity	Very High	10.74%	3	₹2,078.58

News

Union Mutual Fund announces Income Distribution cum capital withdrawal (IDCW)
Union Mutual Fund has announced 26 February 2026 as the record date for declaration of IDCW Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:
Union Balanced Advantage Fund ' Regular Plan ' IDCW Option: 0.17
Union Balanced Advantage Fund ' Direct Plan ' IDCW Option: 0.17
Union Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: 0.15
Union Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: 0.15
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Fund House Details & Investment Objective

Date of Incorporation

January 30, 2019

Total AUM (Cr)

₹241.25

Union Arbitrage Fund - Direct (IDCW) is an Arbitrage Fund-oriented fund from the renowned AMC, Union Mutual Fund. Launched in January 30, 2019, this fund is managed by Vishal Thakker. With assets under management (AUM) worth ₹241.25 (Cr), as of April 10, 2026, Union Arbitrage Fund - Direct (IDCW) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 6.03% since its launch.
The current NAV of Union Arbitrage Fund - Direct (IDCW) is ₹14.87, as on April 10, 2026. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in Union Arbitrage Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 7.45% and 6.36% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 67.18% in Equity, 9.11% in Debt and 23.71% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 15.51% in Banks, 15.11% in Others, 9.64% in Finance, 6.25% in Debt, 5.64% in Ferrous Metals

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