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Union Multi Asset Allocation Fund - Direct (IDCW)

Multi Asset Allocation
Invest Now

  • NAV

    10.73(-0.46%)

  • Fund Size (CR)

    ₹798.02

  • Expense Ratio

    1.01

  • 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 Exit Load: 1% if units are redeemed/switched out on or before completion of 15 days from the date of allotment. Nil if redeemed or switched out after completion of 15 days from the date of allotment of units.

    1%

  • Return Since Launch

    7.80%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 3.97%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Sanjay Bembalkar

Bench Mark

65% NIFTY 50 TRI + 20% NIFTY Composite Debt Index + 15% Domestic prices of Gold

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 July 20259889.91-1.10%--0.95%70/114
1 Month30 June 20259972.25-0.28%--0.06%81/114
3 Month30 April 202510425.534.26%-4.69%70/110
6 Month30 January 202511045.0810.45%-8.97%25/106
1 Year----6.86%-/-
3 Year--0%-16.99%-/-
5 Year--0%-18.35%-/-
Since Inception10 September 202410780.007.80%7.80%13.29%106/114

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 October 20241,00,000106019.236.02% 6.02%
3 Year-----
5 Year-----
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%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

2.94%

Standard Deviation

0.67%

Beta

0.25%

Sharpe Ratio

0.05%

Treynor's Ratio

6.76%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
HDFC Bank5.44%21685043.40EquityBanks
ICICI Bank4.11%22710032.83EquityBanks
Reliance Industr3.55%18857328.30EquityRefineries
Bharti Airtel2.44%9700019.49EquityTelecomm-Service
Infosys2.40%11940019.13EquityIT - Software
St Bk of India2.35%22860018.75EquityBanks
ITC1.82%34900014.53EquityTobacco Products
Axis Bank1.68%11212513.45EquityBanks
Hind. Unilever1.58%5500012.62EquityFMCG
Larsen & Toubro1.47%3200011.74EquityInfrastructure Developers & Operators

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Union Multi Asset Allocation Fund - Direct (IDCW)
798.02-0.28%4.26%10.45%--
WhiteOak Capital Multi Asset Allocation-Dir (G)
2585.540.66%4.12%9.62%16.90%-
DSP Multi Asset Allocation Fund - Direct (G)
3377.030.57%5.91%11.43%13.90%-
DSP Multi Asset Allocation Fund - Direct (IDCW)
3377.030.57%5.91%11.43%13.90%-
Mirae Asset Multi Asset Allocation Fund-Dir (G)
2091.650.02%5.06%10.52%11.10%-
Mirae Asset Multi Asset Allocation Fund-Dir (IDCW)
2091.650.02%5.05%10.51%11.08%-

List of Schemes under Union Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Union Arbitrage FundHybridLow7.26%2₹334.66
Union Large & Midcap FundEquityVery High1.37%2₹905.87
Union Midcap FundEquityVery High1.51%2₹1,519.88
Union Aggressive Hybrid FundHybridVery High4.34%2₹669.76
Union Largecap FundEquityVery High-0.8%2₹465.30
Union Balanced Advantage FundHybridHigh3.42%3₹1,395.31
Union Corporate Bond FundDebtModerate9.52%2₹442.88
Union Gold ETF Fund of FundOtherHigh0%0₹66.78
Union Low Duration FundDebtModerately Low0%0₹0.00
Union Money Market FundDebtModerately Low7.82%1₹207.45
Union Liquid FundDebtModerately Low7.15%4₹4,514.61
Union Overnight FundDebtLow6.29%3₹362.16
Union Small Cap FundEquityVery High0.35%2₹1,671.86
Union Income Plus Arbitrage Active FOFOtherModerate0%0₹184.70
Union Value FundEquityVery High1.62%2₹333.24
Union ELSS Tax Saver FundEquityVery High1.62%3₹927.40
Union Focused FundEquityVery High1.47%2₹426.93
Union Retirement FundSolution OrientedVery High2.14%0₹177.36
Union Children's FundSolution OrientedVery High4.78%0₹72.46
Union Flexi Cap FundEquityVery High1.8%3₹2,401.11
Union Active Momentum FundEquityVery High0%0₹476.48
Union Innovation & Opportunities FundEquityVery High5.22%0₹998.13
Union Business Cycle FundEquityVery High-2.59%0₹591.18
Union Short Duration FundDebtModerate0%0₹715.40
Union Multicap FundEquityVery High1.49%0₹1,173.54
Union Multi Asset Allocation FundHybridVery High0%0₹798.02
Union Dynamic Bond FundDebtModerate7.71%1₹107.43
Union FMP - Series 13DebtModerately Low7.61%0₹26.23
Union Gilt FundDebtModerate7.25%2₹133.17
Union Equity Savings FundHybridModerate4.04%1₹139.17

News

  • Union Mutual Fund announces change in fund manager under its scheme

    Union Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 August 2025

    Change in Fund Manager:

    Name of the Scheme Name of Existing Fund Manager(s) Name of New Fund Manager(s)
    Union Low Duration Fund Mr. Devesh Thacker and Mr. Parijat Agrawal Mr. Anindya Sarkar and Mr. Devesh Thacker

    Powered by Capital Market - Live News

  • Union Mutual Fund announces change in fund manager under its schemes

    Union Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 July 2025

    Change in Fund Manager:

    Name of the Scheme(s) Names of the existing Fund Manager(s) Names of the new Fund Manager(s)
    Union Largecap Fund Mr. Vinod Malviya and Mr. Sanjay Bembalkar Mr. Pratik Dharmshi and Mr. Sanjay Bembalkar
    Union Retirement Fund Mr. Pratik Dharmshi and Mr. Vinod Malviya Mr. Pratik Dharmshi and Mr. Pratit Vajani

    Powered by Capital Market - Live News

  • Union Low Duration Fund announces Extension of NFO period

    Union Mutual Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

    Name of the Scheme Existing closing date of NFO Revised closing date of NFO
    Union Low Duration Fund July 03, 2025 July 10, 2025

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

20 August 2024

Total AUM (Cr)

₹798.01

Union Multi Asset Allocation Fund - Direct (IDCW) is an Multi Asset Allocation-oriented fund from the renowned AMC, Union Mutual Fund. Launched in 20 August 2024, this fund is managed by Sanjay Bembalkar. With assets under management (AUM) worth ₹798.02 (Cr), as of 31 July 2025, Union Multi Asset Allocation Fund - Direct (IDCW) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 7.80% since its launch.
The current NAV of Union Multi Asset Allocation Fund - Direct (IDCW) is ₹10.73, as on 31 July 2025. The fund's benchmark index is 65% NIFTY 50 TRI + 20% NIFTY Composite Debt Index + 15% Domestic prices of Gold. You can invest in Union Multi Asset Allocation 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:
Exit Load: 1% if units are redeemed/switched out on or before completion of 15 days from the date of allotment. Nil if redeemed or switched out after completion of 15 days from the date of allotment of units. The fund has generated undefined% and undefined% 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 67.20% in Equity, 11.47% in Debt and 21.33% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 21.34% in Others, 14.01% in Banks, 10.95% in Debt, 5.34% in Finance, 5.26% in IT-Software

FAQs

How to Invest in Union Multi Asset Allocation Fund - Direct (IDCW) Direct Growth?

Union Multi Asset Allocation Fund - Direct (IDCW) is a popular fund in the Multi Asset Allocation segment. The fund has generated a return of 7.80% since inception. Looking to invest in Union Multi Asset Allocation Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Union Multi Asset Allocation Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Union Multi Asset Allocation Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Union Multi Asset Allocation Fund - Direct (IDCW) today and reap the benefits of this Multi Asset Allocation fund!

How much returns has Union Multi Asset Allocation Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Union Multi Asset Allocation Fund - Direct (IDCW) has generated annualised return of undefined%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 7.80% returns.

What is the expense ratio of Union Multi Asset Allocation Fund - Direct (IDCW) Direct Growth?

The expense ratio of Union Multi Asset Allocation Fund - Direct (IDCW) Direct Growth is 1.01%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Union Multi Asset Allocation Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Union Multi Asset Allocation Fund - Direct (IDCW) is ₹798.02 (Cr) as of 2025-07-31 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Union Multi Asset Allocation Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Union Multi Asset Allocation Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Union Multi Asset Allocation Fund - Direct (IDCW):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Union Multi Asset Allocation Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.