
Union Innovation & Opportunities Fund Direct Growth
Union Innovation & Opportunities Fund Direct Growth
as on 30 Oct 2026
Union Innovation & Opportunities Fund Direct Growth is a Equity mutual fund scheme launched on 06 Sep 2023. The current NAV stands at ₹16.0200 as of 30 Oct 2026. From the funds total AUM, its top holdings include Eternal at 4.56%, Treps at 4.51%, Acutaas Chemicals at 3.77%, GE Vernova T&D at 3.69%, One 97 Communications at 3.68%
Scheme Overview
- Inception Date : 06 Sep 2023
- AUM : ₹1,306.52 Cr
- 3Y Returns (CAGR) : 18.28%
- Expense Ratio : 1.01%
- Min. SIP : ₹500
- Min. Lumpsum : ₹1,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
3Y
₹ 18.95 L
3.50%
₹ 20.40 L
8.00%
₹ 24.10 L
18.28%
Total Investment
₹ 18,00,000
Returns
₹ 6,10,372 (18.28%)
Maturity Value
₹ 24,10,372
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
₹ 1,306.52 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹1,306.52 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Consumer Cyclical | 26.05% | ||
| Industrials | 15.50% | ||
| Healthcare | 12.09% | ||
| Technology | 10.55% | ||
| Financial Services | 10.02% | ||
| Basic Materials | 6.87% | ||
| Communication Services | 6.14% | ||
| Other | 5.07% | ||
| Utilities | 3.07% | ||
| Real Estate | 2.57% | ||
| Consumer Defensive | 2.07% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 1,000.00
AUM (in Cr.)
₹ 1,306.52
Expense Ratio
1.01%
Lock-in Period
No Lock in Period
52W Low NAV
-
Inception Date
06 Sep 2023
Fund Age
3 Yrs
Benchmark
Nifty 500 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 1%, if redeemed within 1 year.
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 |
|---|---|
| Sanjay Bembalkar | B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder |
| Gaurav Chopra | B.Com, Chartered Accountant and CFA (USA) - Level III cleared |
Fund Objective
The investment objective of the Scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies.. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Union Mutual Fund
No. of Schemes
29
Total AUM
₹ 25,345.42 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 Innovation & Opportunities Fund launched?
What is the current NAV of Union Innovation & Opportunities Fund?
What is the AUM of Union Innovation & Opportunities Fund?
What is the rate of return of Union Innovation & Opportunities Fund?
- In the past 1Y: 4.16%
- In the past 3Y: 18.28%
- In the past 5Y: 0.00%
What is the expense ratio of Union Innovation & Opportunities Fund?
What is exit load of Union Innovation & Opportunities Fund?
What is the portfolio of Union Innovation & Opportunities Fund?
- Eternal: 4.56%
- Acutaas Chemicals: 3.77%
- GE Vernova T&D: 3.69%
- One 97 Communications: 3.68%
- Federal Bank: 3.62%
Top 3 sectoral holdings include:
- Consumer Cyclical: 26.05%
- Industrials: 15.50%
- Healthcare: 12.09%
How risky is investing in Union Innovation & Opportunities Fund?
Who is the fund manager Union Innovation & Opportunities Fund?
What is the minimum investment required in Union Innovation & Opportunities Fund?
How to invest in Union Innovation & Opportunities 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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