With an AUM of Rs 12,603 crores, Union Mutual Fund offers 23 schemes across different categories including 9 equity, 9 debt, and 3 hybrid mutual funds. Know the UNION MF scheme details, historical returns, compare and invest in Best Union Mutual Funds. Invest in mutual fund schemes that suit your investment objectives, risk level, and fund options.
Union Asset Management Co. Pvt. Ltd.
₹ 12,603 Crores
23 March 2011
30 December 2009
Dai-ichi Life Holdings, Inc. / Union Bank of India
Mr. Vinay Paharia
MD & CEO
Mr. G. Pradeepkumar
Union Trustee Company Private Limited (formerly Union KBC Trustee Company Private Limited)
Unit No. 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059
|Fund name||AUM||NAV||3Y Returns|
|Union Tax saver ELSS Fund (G)||₹695.72 Cr||₹49.41||25.1%|
|Union Flexi Cap Fund (G)||₹1608.78 Cr||₹38.94||24.1%|
|Union Value Discovery Fund (G)||₹174.13 Cr||₹20.68||26.4%|
|Union Balanced Advantage Fund (G)||₹1600.25 Cr||₹16.56||11.9%|
|Union Liquid Fund (G)||₹2649.41 Cr||₹2221.94||4.7%|
|Union Small Cap Fund (G)||₹1071.59 Cr||₹38.24||34.6%|
|Union Dynamic Bond fund (G)||₹92.13 Cr||₹20.31||3.3%|
|Union Largecap Fund (G)||₹255.89 Cr||₹18.58||21.5%|
|Union Equity Savings Fund (G)||₹120.84 Cr||₹14.43||8.8%|
|Union Arbitrage Fund (G)||₹99.93 Cr||₹12.44||4.4%|
|Union Medium Duration Fund (G)||₹135.12 Cr||₹11.26||4%|
|Union Money Market Fund (G)||₹175.85 Cr||₹1098.90||-|
|Union Midcap Fund (G)||₹816.49 Cr||₹33.84||30%|
|Union Overnight Fund (G)||₹437.29 Cr||₹1213.52||4.4%|
|Union Gilt Fund (G)||₹122.53 Cr||₹10.63||-|
|Union Retirement Fund (G)||₹89.05 Cr||₹11.71||-|
|Union Hybrid Equity Fund (G)||₹543.80 Cr||₹14.10||-|
|Union Focused Fund (G)||₹354.74 Cr||₹20.26||22.5%|
|Union Large & Midcap Fund (G)||₹521.79 Cr||₹19.37||23.9%|
|Union Multicap Fund (G)||₹586.85 Cr||₹11.84||-|
Know the latest NAV, Asset Under Management, and 3-year Return of Best Union Mutual Funds. Invest in Scripbox Recommended High Return Mutual Funds Best Suited According To Your Investment Objectives.
One can invest in Union Asset mutual funds with Scripbox. Scripbox is an online platform that enables mutual fund investment at a click of a mouse. Following the below steps will help in investing in mutual funds.
KYC stands for Know Your Customer. It is used to identify a client/investor. According to SEBI regulations, all investors need to be KYC compliant. Only then they can invest in SEBI registered mutual funds. Furthermore, SEBI prescribes all the KYC requirements. A KYC form includes the following details: address, financial status, demographics, occupation and identity.
Also, one can get their KYC done with Scripbox. The following documents are needed by Resident Indians and PIOs residing in India for the purpose of KYC:
You can upload clear colour scanned copies of your KYC documents during the registration itself. Or,
If you are an existing Scripbox user, you can message on Scripbox’s WhatsApp number +91-8884448026 or email your KYC documents to email@example.com. Other users can send “Hi” on Union Mutual Fund WhatsApp number 9321403687.
The following steps will guide you to download your mutual fund investment statement using the Scripbox App:
The excel statement will have the following details:
|Fund Manager||Number of Schemes||Type of Scheme|
|Vinay Paharia||11||Equity & Debt|
Explore: Top Fund Managers
Mr. Devesh Thacker is a B.Com. and MBA (Finance). In his professional career of more than 20 years, he has worked with several big fund houses like ICICI Bank Limited. He was also the Fund Manager for Fixed Income Funds at Sahara Asset Management Co. Pvt. Ltd. Some other fund houses are Dolat Capital Markets Limited, Orbis Securities (India Bulls) Limited, and ASK Financial Services Limited.
Mr. Anindya Sarkar is a B.E.-Civil, MBA (Finance), MBA (Risk & Insurance), and FRM. He has an overall experience of over 17 years in the financial services sector. In his earlier assignments, he was associated with Union Asset Management Company Private Limited as Vice President – Risk Management. He was also associated with ICAP India Pvt. Ltd as Dealer – Fixed Income and Sarcon Blockbuild Ltd. Mr. Sarkar was working in various capacities at Navigators Inc. and School of Risk Management and Actuarial Science, St. John’s University.
Mr. Hardick Bora is a CFA® charter holder with the CFA Institute, USA. His experience in the financial services sector is over 12 years. In his earlier assignments, he was associated with Motilal Oswal Securities Ltd., and Dolat Capital Markets Pvt. Ltd. He has also worked at Khandwala Securities Ltd., Yen Management Consultants Pvt. Ltd., and 3 Global Services Pvt. Ltd. in various capacities.
Mr. Bembalkar is a CFA® charter holder with the CFA Institute, USA, and a Chartered Accountant from the Institute of Chartered Accountants of India (ICAI). He has also done M.Sc. (Accounting and Finance) from the London School of Economics. In his professional career of more than 14 years, he has worked with Canara Robeco Asset Management Company Limited as Fund Manager –Equities and Research Analyst. Further, he has also worked with LIC Mutual Fund Asset Management Limited and Quantum Advisors Private Limited in various capacities.
Mr. Vinay Paharia is the Chief Investment Officer (CIO) of Union Asset Management Company Private Limited. He is a B.Com and M.M.S. In his professional career of more than 18 years, he has worked with Invesco Asset Management (India) Private Limited as Fund Manager – Equity. Further, he has also worked with DBS Cholamandalam AMC, K. R. Choksey Shares and Securities Pvt Ltd., and First Global Stockbroking Pvt. Ltd. as an Equity Research Analyst.
Mr. Parijat Agrawal is the Head – Fixed Income of Union Asset Management Company Private Limited. He is a B.E. (Electronics & Communications), PGDM from IIM Bangalore. His professional career spans over 24 years. During which he worked with SBI Mutual Fund as Head – Fixed Income, State Bank of Mauritius Limited with responsibilities of managing the entire Treasury functions of the Bank. He was also associated with SUN F&C Asset Management as Fund Manager managing Fixed Income and Hybrid Funds.
Mr. Tarun Singh is the Dealer- Fixed Income at Union Asset Management Company Private Limited. He is a B.Sc. with a professional career of more than 25 years. In his earlier roles, he has worked with SBI Funds Management Pvt. Ltd. as Fixed Income – Dealer, Prebon Yamane India Ltd., and Enron India Pvt. Ltd.
Mr. Vishal Thakker is the Dealer- Equity of Union Asset Management Company Private Limited. He is a Master of Finance Management with more than 10 years of experience. During which he has worked with Elara Capital as Sales Trader and with Emkay Shares & Stock Broking as a Dealer.
Union Mutual Fund follows a well-defined investment and risk management process. Their fund managers conduct extensive research for portfolio construction. The asset allocation of schemes is strategically designed to maximize returns and minimize risks. The Fund is sponsored by Union Bank of India. It has a wide presence in over 4300 branches and offers 12+ funds.
Union Mutual Fund has 12+ funds catering to a wide variety of investor needs. Therefore, you must evaluate all components of the fund including market risk to select a suitable fund. The fund should align with your financial goals and match your investment objectives.
You can easily start SIP in Union Mutual Fund online through Scripbox. Simply, access your investment account through the Scripbox app and start your SIP. You can also invest in the fund through AMC’s website. Alternatively, you can also create an account on any platform offering mutual funds to invest in Union mutual funds.
You can stop SIP in Union Mutual Fund online by visiting the Union mutual fund website. You must log in with a folio number to access your investment details. If you have initiated the investment through any online portal, you can visit it. After logging in to your account you can select to stop the SIP.
You can visit the nearest Union Mutual Fund office to withdraw money. You must fill and submit a form for withdrawal from the scheme. Alternatively, you can redeem your investment online by visiting the Union Mutual Fund website. It can also be done through the online portal from where you invested first.