
Union Multi Asset Allocation Fund - Direct (IDCW)
Multi Asset AllocationNAV
10.77(-0.74%)Fund Size (CR)
₹771.94Expense Ratio
1.02Scheme Type
Active FundValue Research
Min. investment
₹1,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹100Minimum Withdrawal
₹1,000Exit Load
1%Return Since Launch
8.50%
- 3M
- 6M
- 1Y
- 3Y
- All
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 on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
---|---|---|---|---|---|---|
1 Week | 18 August 2025 | 10046.30 | 0.46% | - | 0.57% | 64/116 |
1 Month | 25 July 2025 | 10074.28 | 0.74% | - | 0.34% | 32/112 |
3 Month | 23 May 2025 | 10274.62 | 2.75% | - | 2.93% | 53/108 |
6 Month | 25 February 2025 | 11220.27 | 12.20% | - | 10.66% | 20/108 |
1 Year | - | - | - | - | 6.99% | -/- |
3 Year | - | - | 0% | - | 17.03% | -/- |
5 Year | - | - | 0% | - | 17.68% | -/- |
Since Inception | 10 September 2024 | 10850.00 | 8.50% | 8.50% | 12.43% | 100/120 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
---|---|---|---|---|---|
1 Year | 1 October 2024 | 1,10,000 | 116517.65 | 5.93% | 5.93% |
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
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
2.81%
Standard Deviation
0.66%
Beta
0.15%
Sharpe Ratio
0.03%
Treynor's Ratio
7.45%
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 | 5.67% | 216850 | 43.76 | Equity | Banks |
ICICI Bank | 4.36% | 227100 | 33.64 | Equity | Banks |
Reliance Industr | 3.40% | 188573 | 26.22 | Equity | Refineries |
Bharti Airtel | 2.41% | 97000 | 18.57 | Equity | Telecomm-Service |
SBI | 2.36% | 228600 | 18.21 | Equity | Banks |
Infosys | 2.33% | 119400 | 18.02 | Equity | IT - Software |
ITC | 1.86% | 349000 | 14.38 | Equity | Tobacco Products |
Axis Bank | 1.55% | 112125 | 11.98 | Equity | Banks |
Larsen & Toubro | 1.51% | 32000 | 11.64 | Equity | Infrastructure Developers & Operators |
TVS Motor Co. | 1.43% | 39500 | 11.07 | Equity | Automobile |
Peer Comparison
Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Union Multi Asset Allocation Fund - Direct (IDCW) | 771.94 | 0.74% | 2.75% | 12.20% | - | - | |
WhiteOak Capital Multi Asset Allocation-Dir (G) | 3039.83 | 0.85% | 2.95% | 10.17% | 15.75% | - | |
DSP Multi Asset Allocation Fund - Direct (G) | 3645.39 | -0.51% | 3.10% | 8.99% | 11.57% | - | |
DSP Multi Asset Allocation Fund - Direct (IDCW) | 3645.39 | -0.51% | 3.10% | 8.99% | 11.57% | - | |
Mirae Asset Multi Asset Allocation Fund-Dir (G) | 2187.26 | 0.22% | 2.52% | 11.75% | 10.30% | - | |
Nippon India Multi Asset Allocation Fund-Dir (G) | 6649.41 | 0.22% | 4.80% | 12.50% | 10.29% | 19.89% |
List of Schemes under Union Mutual Fund
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 2025Change 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 2025Change 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)
₹771.94
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 ₹771.94 (Cr), as of 26 August 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 8.50% since its launch.
The current NAV of Union Multi Asset Allocation Fund - Direct (IDCW) is ₹10.77, as on 26 August 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 66.96% in Equity, 11.28% in Debt and 21.76% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 20.59% in Others, 16.68% in Banks, 11.28% in Debt, 5.08% in IT-Software, 4.59% in Automobiles