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union retirement fund direct growth
Union Retirement Fund Direct Growth

Union Retirement Fund Direct Growth

  • Very High Risk
  • Allocation
  • Retirement
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NAV as on Jan 8, 2026
i
Price per unit of the scheme.
₹ 16.8700-1.35%1 Day Change
1.73%
Minimum Investment₹1000
Expense Ratio0.54%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Union Retirement Fund Direct Growth
VS
Allocation: Retirement Average NAV
    Topper in Allocation: Retirement
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Union Retirement Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    S&P BSE 500 India TR INR
    Expense Ratio
    0.54%
    Category Avg Expense Ratio
    0.89%
    Minimum Investment (Lumpsum/SIP)
    ₹ 1000 /₹ 1000
    Lock In (Years)
    5
    Fund Size
    ₹ 190.64 Cr(As on Nov, 2025)
    Inception Date
    Sep 22, 2022
    Turnover
    - %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    Objective: The investment objective of the Scheme is to generate long term capital gains by investing in a mix of securities comprising of equity, equity related securities and debt instruments as per the asset allocation pattern of the Scheme with a view to provide a retirement investment solution to investors. However, there is no assurance that the Investment Objective of the Scheme will be achieved.

    Union Retirement Fund Direct Growth is an Allocation - Retirement fund. The fund was launched inSep 22, 2022. Its risk level is . The NAV of the fund as onJan 08, 2026 is ₹16.87. Its expense ratio is 0.54 %. The fund has an AUM of ₹190.64 Cr.The fund is managed byHardick Bora,Sanjay Bembalkar,Vinod Malviya,Pratik Dharmshi,Pratit Vajani.
    The minimum initial investment is  ₹1000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Sanjay Bembalkar
    Sanjay Bembalkar
    i
    Lead Fund Manager.
    Sep 22, 2022 - Present
    • Fund Manager Rank--Out of 0
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed13
    • Total AUM₹ 12,713.81 Cr
    • Highest Return In 1 Yr9.13 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Multicap Fund Direct Growth
    --
    ₹ 16.81
    1.39%
    0.67%
    Very High Risk
    ₹1,338.22Cr
    Union Value Discovery Fund Direct Growth
    ₹ 30.84
    1.21%
    1.95%
    Very High Risk
    ₹369.58Cr
    Union Largecap Fund Direct Growth
    ₹ 25.52
    0.47%
    0.36%
    Very High Risk
    ₹478.93Cr
    Union Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.81
    • Fund Size₹1,338.22Cr
    Fund Return1.39%
    Category Return0.67%
    Union Value Discovery Fund Direct Growth
    Very High Risk
    • NAV₹ 30.84
    • Fund Size₹369.58Cr
    Fund Return1.21%
    Category Return1.95%
    Union Largecap Fund Direct Growth
    Very High Risk
    • NAV₹ 25.52
    • Fund Size₹478.93Cr
    Fund Return0.47%
    Category Return0.36%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Hardick Bora
    Hardick Bora
    i
    Lead Fund Manager.
    Jan 25, 2023 - Present
    • Schemes managed13
    • Total AUM₹ 12,713.81 Cr
    • Highest Return In 1 Yr9.13 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Multicap Fund Direct Growth
    --
    ₹ 16.81
    1.39%
    0.67%
    Very High Risk
    ₹1,338.22Cr
    Union Value Discovery Fund Direct Growth
    ₹ 30.84
    1.21%
    1.95%
    Very High Risk
    ₹369.58Cr
    Union Largecap Fund Direct Growth
    ₹ 25.52
    0.47%
    0.36%
    Very High Risk
    ₹478.93Cr
    Union Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.81
    • Fund Size₹1,338.22Cr
    Fund Return1.39%
    Category Return0.67%
    Union Value Discovery Fund Direct Growth
    Very High Risk
    • NAV₹ 30.84
    • Fund Size₹369.58Cr
    Fund Return1.21%
    Category Return1.95%
    Union Largecap Fund Direct Growth
    Very High Risk
    • NAV₹ 25.52
    • Fund Size₹478.93Cr
    Fund Return0.47%
    Category Return0.36%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Vinod Malviya
    Vinod Malviya
    i
    Lead Fund Manager.
    Nov 1, 2024 - Present
    • Schemes managed8
    • Total AUM₹ 6,441.95 Cr
    • Highest Return In 1 Yr9.13 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Largecap Fund Direct Growth
    ₹ 25.52
    0.47%
    0.36%
    Very High Risk
    ₹478.93Cr
    Union Large & Midcap Fund Direct Growth
    ₹ 27.98
    1.05%
    0.76%
    Very High Risk
    ₹949.08Cr
    Union Value Discovery Fund Direct Growth
    ₹ 30.84
    1.21%
    1.95%
    Very High Risk
    ₹369.58Cr
    Union Largecap Fund Direct Growth
    Very High Risk
    • NAV₹ 25.52
    • Fund Size₹478.93Cr
    Fund Return0.47%
    Category Return0.36%
    Union Large & Midcap Fund Direct Growth
    Very High Risk
    • NAV₹ 27.98
    • Fund Size₹949.08Cr
    Fund Return1.05%
    Category Return0.76%
    Union Value Discovery Fund Direct Growth
    Very High Risk
    • NAV₹ 30.84
    • Fund Size₹369.58Cr
    Fund Return1.21%
    Category Return1.95%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Pratik Dharmshi
    Pratik Dharmshi
    i
    Lead Fund Manager.
    Dec 9, 2024 - Present
    • Schemes managed6
    • Total AUM₹ 5,462.56 Cr
    • Highest Return In 1 Yr9.13 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Large & Midcap Fund Direct Growth
    ₹ 27.98
    1.05%
    0.76%
    Very High Risk
    ₹949.08Cr
    Union Focused Fund Direct Growth
    ₹ 26.90
    1.89%
    0.95%
    Very High Risk
    ₹427.52Cr
    Union Midcap Fund Direct Growth
    ₹ 52.41
    1.68%
    1.22%
    Very High Risk
    ₹1,638.06Cr
    Union Large & Midcap Fund Direct Growth
    Very High Risk
    • NAV₹ 27.98
    • Fund Size₹949.08Cr
    Fund Return1.05%
    Category Return0.76%
    Union Focused Fund Direct Growth
    Very High Risk
    • NAV₹ 26.90
    • Fund Size₹427.52Cr
    Fund Return1.89%
    Category Return0.95%
    Union Midcap Fund Direct Growth
    Very High Risk
    • NAV₹ 52.41
    • Fund Size₹1,638.06Cr
    Fund Return1.68%
    Category Return1.22%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Pratit Vajani
    Pratit Vajani
    i
    Lead Fund Manager.
    Jul 1, 2025 - Present
    • Schemes managed1
    • Total AUM₹ 190.64 Cr
    • Highest Return In 1 Yr9.13 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Union Retirement Fund Direct Growth
    --
    ₹ 16.87
    1.73%
    -%
    Very High Risk
    ₹190.64Cr
    Union Retirement Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.87
    • Fund Size₹190.64Cr
    Fund Return1.73%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Nov, 2025
    EQUITY (98.24%)
    DEBT (0.08%)
    CASH (1.67%)
    Allocation by Market Cap
    Large Cap(53.34%)
    Mid Cap(24.61%)
    Small Cap(20.28%)
    Industry Holdings
    • Banks Regional17.88%
    • Information Technology Services8.22%
    • Diversified Industrials6.33%
    • Auto Parts5.27%
    • Specialty Chemicals4.24%
    • Auto Manufacturers4.22%
    Stock Holdings
    • HDFC Bank Ltd6.87%
    • ICICI Bank Ltd5.70%
    • Reliance Industries Ltd3.51%
    • Infosys Ltd2.81%
    • State Bank of India2.57%
    • Tata Consumer Products Ltd2.28%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.97
      This Fund
      VS
      --
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.60
      This Fund
      VS
      --
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      12.15
      This Fund
      VS
      --
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Union Asset Management Co. Pvt. Ltd.
    Union Asset Management Co. Pvt. Ltd. manages assets worth ₹ 26,836.23 crores. It’s current offering of mutual fund schemes includes 13 equity, 8 debt and 10 hybrid schemes.
    phone icon
    Phone
    +91 022 67483333
    mail icon
    Email
    investorcare@unionmf.com
    aum
    AUM
    ₹ 26,836.23 Cr (
    As on Nov 30, 2025
    )
    location
    Address
    Unit 802, 8th Floor, Tower ‘A’, Mumbai,400013

    bt_logoFAQ's

    What is the category of Union Retirement Fund Direct Growth ?
    The category of Union Retirement Fund Direct Growth is Allocation - Retirement
    What is the current NAV of Union Retirement Fund Direct Growth ?
    The current NAV of Union Retirement Fund Direct Growth as on Jan 08, 2026 is ₹16.87
    How safe is Union Retirement Fund Direct Growth ?
    The risk level of Union Retirement Fund Direct Growth is Very High.
    What are short term returns given by Union Retirement Fund Direct Growth ?
    The return given by Union Retirement Fund Direct Growth in 1 month is 1.73%, 3 months is 3.57%, 6 months is 4.08%, and 1 year is 9.13%
    What are the long term returns given by Union Retirement Fund Direct Growth ?
    The return given by Union Retirement Fund Direct Growth in 3 years is 20.06% and 5 years is --.
    What is the expense ratio of Union Retirement Fund Direct Growth ?
    The expense ratio of Union Retirement Fund Direct Growth is 0.54%
    What is the AUM of Union Retirement Fund Direct Growth ?
    The assets under Management (AUM) of Union Retirement Fund Direct Growth is Rs 190.64 crores.
    What is the minimum investment in Union Retirement Fund Direct Growth ?
    The minimum Lumpsum investment in Union Retirement Fund Direct Growth is ₹1,000.00 and the minimum SIP investment in Union Retirement Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Union Retirement Fund Direct Growth?
    Union Retirement Fund Direct Growth has an exposure of 98.24% in Equity, 0.08% in Debt and 1.67% in Cash & Money Market Securities

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