
Union Arbitrage Fund Direct Growth
Union Arbitrage Fund Direct Growth
as on 03 Nov 2026
Union Arbitrage Fund Direct Growth is a Hybrid mutual fund scheme launched on 27 Feb 2019. The current NAV stands at ₹15.8174 as of 03 Nov 2026. From the funds total AUM, its top holdings include Cash Offset For Derivatives at 71.78%, Union Money Market Dir Gr at 16.33%, Treps at 6.16%, Bank Of Baroda at 5.84%, HDFC Bank at 4.53%
Scheme Overview
- Inception Date : 27 Feb 2019
- AUM : ₹219.69 Cr
- 5Y Returns (CAGR) : 6.62%
- Expense Ratio : 1.55%
- Min. SIP : ₹500
- Min. Lumpsum : ₹1,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 35.64 L
6.62%
Total Investment
₹ 30,00,000
Returns
₹ 5,64,211 (6.62%)
Maturity Value
₹ 35,64,211
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 219.69 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹219.69 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 28.86% | ||
| Financial Services | 27.21% | ||
| Basic Materials | 8.64% | ||
| Consumer Cyclical | 7.04% | ||
| Industrials | 5.67% | ||
| Communication Services | 5.16% | ||
| Consumer Defensive | 4.85% | ||
| Energy | 3.67% | ||
| Healthcare | 3.12% | ||
| Utilities | 2.90% | ||
| Technology | 1.81% | ||
| Real Estate | 1.07% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() C Cash Offset For Derivatives | 71.78% | |
![]() U Union Money Market Dir Gr | 16.33% | |
![]() T Treps | 6.16% | |
![]() B Bank Of Baroda | 5.84% | |
![]() H HDFC Bank | 4.53% | |
![]() F Future on HDFC Bank Ltd | 4.50% | |
![]() F Future on Max Financial Services Ltd | 3.34% | |
![]() M Max Financial Services | 3.31% | |
![]() F Future on Reliance Industries Ltd | 3.26% | |
![]() R Reliance Industries | 3.24% | |
![]() F Future on Bharti Airtel Ltd | 2.78% | |
![]() B Bharti Airtel | 2.76% | |
![]() F Future on Vodafone Idea Ltd | 2.35% | |
![]() V Vodafone Idea | 2.31% | |
![]() F Future on Kotak Mahindra Bank Ltd | 2.27% | |
![]() K Kotak Bank | 2.25% | |
![]() F Future on Bharat Heavy Electricals Ltd | 2.00% | |
![]() B Bharat Heavy Electricals | 1.99% | |
![]() F Future on JSW Steel Ltd | 1.91% | |
![]() F Future on Patanjali Foods Ltd | 1.89% | |
![]() J JSW Steel | 1.89% | |
![]() P Patanjali Foods | 1.88% | |
![]() F Future on Eternal Ltd | 1.78% | |
![]() E Eternal | 1.75% | |
![]() F Future on Grasim Industries Ltd | 1.60% | |
![]() T Tata Steel | 1.58% | |
![]() F Future on Tata Steel Ltd. | 1.58% | |
![]() G Grasim Industries | 1.58% | |
![]() F Future on Cholamandalam Investment and Finance Co Ltd | 1.52% | |
![]() C Cholamandalam Investment | 1.51% | |
![]() F Future on RBL Bank Ltd | 1.37% | |
![]() F Future on HDFC Life Insurance Co Ltd | 1.36% | |
![]() R RBL Bank | 1.36% | |
![]() F Future on State Bank of India | 1.35% | |
![]() H HDFC Life Insurance | 1.35% | |
![]() S State Bank of India | 1.34% | |
![]() F Future on Axis Bank Ltd | 1.32% | |
![]() F Future on Maruti Suzuki India Ltd | 1.29% | |
![]() A Axis Bank | 1.29% | |
![]() F Future on NTPC Ltd | 1.28% | |
![]() M Maruti Suzuki | 1.27% | |
![]() N NTPC | 1.27% | |
![]() P Power Grid Corporation of India | 1.25% | |
![]() F Future on Eicher Motors Ltd | 1.23% | |
![]() E Eicher Motors | 1.21% | |
![]() F Future on Sun Pharmaceuticals Industries Ltd | 1.19% | |
![]() S Sun Pharmaceutical | 1.17% | |
![]() F Future on Multi Commodity Exchange of India Ltd | 1.15% | |
![]() M MCX | 1.14% | |
![]() F Future on ICICI Bank Ltd | 1.14% | |
![]() F Future on Bajaj Finance Ltd | 1.13% | |
![]() I ICICI Bank | 1.12% | |
![]() B Bajaj Finance | 1.12% | |
![]() F Future on Adani Ports & Special Economic Zone Ltd | 1.11% | |
![]() A Adani Ports & SEZ | 1.10% | |
![]() F Future on Larsen & Toubro Ltd | 1.01% | |
![]() F Future on Tata Consumer Products Ltd | 1.00% | |
![]() L Larsen & Toubro | 1.00% | |
![]() T Tata Consumer Products | 0.99% | |
![]() F Future on Jio Financial Services Ltd | 0.96% | |
![]() J Jio Financial Services | 0.95% | |
![]() F Future on UPL Ltd | 0.95% | |
![]() U UPL | 0.94% | |
![]() F Future on IndusInd Bank Ltd | 0.91% | |
![]() I Indusind Bank | 0.90% | |
![]() F Future on Apollo Hospitals Enterprise Ltd | 0.90% | |
![]() F Future on Hindalco Industries Ltd | 0.89% | |
![]() A Apollo Hospitals | 0.89% | |
![]() H Hindalco Industries | 0.88% | |
![]() F Future on Bajaj Finserv Ltd | 0.87% | |
![]() B Bajaj Finserv | 0.86% | |
![]() F Future on Tata Motors Passenger Vehicles Ltd | 0.85% | |
![]() T Tata Motors Passenger Vehicles | 0.84% | |
![]() F Future on BSE Ltd | 0.84% | |
![]() B BSE | 0.83% | |
![]() F Future on ITC Ltd | 0.82% | |
![]() I ITC | 0.81% | |
![]() F Future on Tata Consultancy Services Ltd | 0.81% | |
![]() T Tata Consultancy Services | 0.80% | |
![]() F Future on Hindustan Unilever Ltd | 0.77% | |
![]() H Hindustan Unilever | 0.77% | |
![]() F Future on Solar Industries India Ltd | 0.76% | |
![]() S Solar Industries | 0.75% | |
![]() F Future on Ambuja Cements Ltd | 0.74% | |
![]() A Ambuja Cements | 0.74% | |
![]() F Future on DLF Ltd | 0.71% | |
![]() D DLF | 0.70% | |
![]() F Future on Aditya Birla Capital Ltd | 0.70% | |
![]() A Aditya Birla Capital | 0.70% | |
![]() P Power Grid Corporation of India Ltd. | 0.67% | |
![]() F Future on InterGlobe Aviation Ltd | 0.63% | |
![]() F Future on Cipla Ltd | 0.63% | |
![]() C Cipla | 0.63% | |
![]() I Interglobe Aviation | 0.63% | |
![]() F Future on Titan Co Ltd | 0.62% | |
![]() T Titan | 0.62% | |
![]() F Future on Power Grid Corp Of India Ltd | 0.60% | |
![]() F Future on Waaree Energies Ltd | 0.59% | |
![]() W Waaree Energies | 0.59% | |
![]() F Future on CG Power & Industrial Solutions Ltd | 0.55% | |
![]() C CG Power & Industrial Solutions | 0.55% | |
![]() F Future on Yes Bank Ltd | 0.54% | |
![]() F Future on Sammaan Capital Ltd | 0.54% | |
![]() Y Yes Bank | 0.53% | |
![]() S Sammaan Capital | 0.53% | |
![]() F Future on Mahindra & Mahindra Ltd | 0.53% | |
![]() M Mahindra & Mahindra | 0.53% | |
![]() F Future on Shriram Finance Ltd | 0.49% | |
![]() S Shriram Finance | 0.48% | |
![]() F Future on Divi's Laboratories Ltd | 0.45% | |
![]() D Divis Laboratories | 0.44% | |
![]() F Future on HDFC Asset Management Co Ltd | 0.44% | |
![]() H HDFC AMC | 0.43% | |
![]() F Future on Bank of Baroda | 0.43% | |
![]() F Future on Coforge Ltd | 0.42% | |
![]() B Bank of Baroda | 0.42% | |
![]() C Coforge | 0.42% | |
![]() F Future on Bharat Electronics Ltd | 0.42% | |
![]() F Future on Amber Enterprises India Ltd Ordinary Shares | 0.41% | |
![]() N Net Receivable / Payable | 0.41% | |
![]() B Bharat Electronics | 0.41% | |
![]() A Amber Enterprises | 0.41% | |
![]() F Future on Bharat Forge Ltd | 0.41% | |
![]() B Bharat Forge | 0.40% | |
![]() F Future on United Spirits Ltd | 0.40% | |
![]() U United Spirits | 0.40% | |
![]() F Future on Adani Energy Solutions Ltd | 0.38% | |
![]() A Adani Energy Solutions | 0.38% | |
![]() F Future on Lodha Developers Ltd | 0.37% | |
![]() L Lodha Developers | 0.37% | |
![]() F Future on Oil & Natural Gas Corp Ltd | 0.30% | |
![]() O Oil & Natural Gas Corporation | 0.30% | |
![]() F Future on ICICI Lombard General Insurance Co Ltd | 0.24% | |
![]() I ICICI Lombard General Insurance | 0.24% | |
![]() F Future on UltraTech Cement Ltd | 0.14% | |
![]() U UltraTech Cement | 0.14% | |
![]() F Future on Hindustan Petroleum Corp Ltd | 0.13% | |
![]() H Hindustan Petroleum | 0.13% | |
![]() 0 09/07/2026 Maturing 364 DTB | 0.12% | |
![]() F Future on APL Apollo Tubes Ltd | 0.11% | |
![]() A APL Apollo Tubes | 0.11% | |
![]() I Indus Towers Ltd. 30-Jun-26 | 0.09% | |
![]() I Indus Towers | 0.09% | |
![]() F Future on NMDC Ltd | 0.05% | |
![]() N NMDC | 0.05% | |
![]() N Nestle | 0.00% | |
![]() S SBI Life Insurance | 0.00% | |
![]() T TVS Motors | 0.00% | |
![]() U UNO Minda | 0.00% | |
![]() M Max Healthcare Institute | 0.00% | |
![]() A Asian Paints | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 15.8084
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 1,000.00
AUM (in Cr.)
₹ 219.69
Expense Ratio
1.55%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 14.8219
Inception Date
27 Feb 2019
Fund Age
7 Yrs
Benchmark
Nifty 50 Arbitrage TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 0.25% if redeemed within 1 months.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Devesh Thacker | B.Com, M.B.A |
| Vishal Thakker | Master Finance Management |
Fund Objective
The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments.
Risk-O-Meter
Investors understand that their principal will be at
Low Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Union Mutual Fund
No. of Schemes
29
Total AUM
₹ 28,433.93 Cr
Contact Details
Unit 503, 5th Floor, Leeela BusinessPark, Andheri Kurla Road,Andheri (East), Mumbai - 400059
Contact Details
Unit 503, 5th Floor, Leeela BusinessPark, Andheri Kurla Road,Andheri (East), Mumbai - 400059
FAQs
When was Union Arbitrage Fund launched?
What is the current NAV of Union Arbitrage Fund?
What is the AUM of Union Arbitrage Fund?
What is the rate of return of Union Arbitrage Fund?
- In the past 1Y: 6.82%
- In the past 3Y: 7.23%
- In the past 5Y: 6.62%
What is the expense ratio of Union Arbitrage Fund?
What is exit load of Union Arbitrage Fund?
What is the portfolio of Union Arbitrage Fund?
- HDFC Bank: 4.53%
- Max Financial Services: 3.31%
- Reliance Industries: 3.24%
- Bharti Airtel: 2.76%
- Vodafone Idea: 2.31%
Top 3 sectoral holdings include:
- Others: 172.43%
- Financial Services: 27.21%
- Basic Materials: 8.64%
How risky is investing in Union Arbitrage Fund?
Who is the fund manager Union Arbitrage Fund?
What is the minimum investment required in Union Arbitrage Fund?
How to invest in Union Arbitrage Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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