
Union Multi Asset Allocation Fund Direct Growth
Union Multi Asset Allocation Fund Direct Growth
as on 02 Nov 2026
Union Multi Asset Allocation Fund Direct Growth is a Hybrid mutual fund scheme launched on 10 Sep 2024. The current NAV stands at ₹11.9900 as of 02 Nov 2026. From the funds total AUM, its top holdings include Union Gold ETF at 15.95%, Treps at 5.48%, HDFC Bank at 3.83%, Reliance Industries at 3.59%, Cash Offset For Derivatives at 3.39%
Scheme Overview
- Inception Date : 10 Sep 2024
- AUM : ₹988.70 Cr
- 1Y Returns (CAGR) : 3.36%
- Expense Ratio : 1.30%
- Min. SIP : ₹500
- Min. Lumpsum : ₹1,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 6.11 L
3.36%
Total Investment
₹ 6,00,000
Returns
₹ 11,033 (3.36%)
Maturity Value
₹ 6,11,033
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
₹ 988.70 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹988.70 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 30.61% | ||
| Financial Services | 21.76% | ||
| Industrials | 11.76% | ||
| Consumer Cyclical | 8.49% | ||
| Basic Materials | 5.39% | ||
| Energy | 4.51% | ||
| Healthcare | 4.40% | ||
| Technology | 4.08% | ||
| Consumer Defensive | 3.03% | ||
| Communication Services | 2.93% | ||
| Utilities | 2.53% | ||
| Real Estate | 0.52% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
₹ 12.8800
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 1,000.00
AUM (in Cr.)
₹ 988.70
Expense Ratio
1.30%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 11.2800
Inception Date
10 Sep 2024
Fund Age
2 Yrs
Benchmark
65% Nifty 50 TRI + 20% Nifty Composite Debt Index
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 1%, if redeemed within 15 days.
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 |
|---|---|
| Anindya Sarkar | BE Civil, MBA (Finance), MBA (Risk & Insurance) and FRM |
| Sanjay Bembalkar | B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder |
| Vinod Malviya | Bachelors of Management Studies, Masters in Financial Management, CFA (USA) - Level III cleared |
Fund Objective
The Scheme seeks to generate long-term capital appreciation by investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments, units of Gold Exchange Traded Funds (ETFs) and / or Silver ETFs and units of REITs & InvITs as per the asset allocation pattern of the Scheme.
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
₹ 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 Multi Asset Allocation Fund launched?
What is the current NAV of Union Multi Asset Allocation Fund?
What is the AUM of Union Multi Asset Allocation Fund?
What is the rate of return of Union Multi Asset Allocation Fund?
- In the past 1Y: 3.36%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Union Multi Asset Allocation Fund?
What is exit load of Union Multi Asset Allocation Fund?
What is the portfolio of Union Multi Asset Allocation Fund?
- HDFC Bank: 3.83%
- Reliance Industries: 3.59%
- ICICI Bank: 3.30%
- State Bank of India: 2.94%
- Bharti Airtel: 2.93%
Top 3 sectoral holdings include:
- Others: 41.08%
- Financial Services: 21.76%
- Industrials: 11.76%
How risky is investing in Union Multi Asset Allocation Fund?
Who is the fund manager Union Multi Asset Allocation Fund?
What is the minimum investment required in Union Multi Asset Allocation Fund?
How to invest in Union Multi Asset Allocation 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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