Union Value Fund
Union Mutual Fund · Value · Regular plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -5.9% | -5.6% |
| 3 months | -5.9% | -4.7% |
| 6 months | 3.8% | 4.2% |
| Year to date | -6.6% | -6.8% |
| 1 year | -3.0% | -2.9% |
| 3 years (CAGR) | 9.6% | 10.0% |
| 5 years (CAGR) | 10.2% | 10.9% |
| 7 years (CAGR) | 15.3% | 15.8% |
| 10 years (CAGR) | n/a | 12.5% |
| Since first NAV (CAGR) | 13.5% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.2% | 11.2% |
| 3Y rolling median | 18.7% | 17.4% |
| 3Y rolling worst | 9.5% | -7.1% |
| 3Y periods positive | 100% | 98% |
| 3Y periods ahead of benchmark | 98% | 93% |
| 5Y rolling median | 19.7% | 14.3% |
| 5Y rolling worst | 10.2% | -2.5% |
| 5Y periods ahead of benchmark | 100% | 100% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 14.9% | 15.4% |
| Sharpe ratio | 0.23 | 0.29 |
| Sortino ratio | 0.34 | 0.43 |
| Beta | 0.93 | 0.96 |
| Alpha (ann.) | 0.3% | 1.1% |
| Upside capture | 94.74 | 100.02 |
| Downside capture | 94.09 | 95.75 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −37.7% | −40.3% |
| Maximum drawdown, last 10Y | n/a | −41.9% |
| Maximum drawdown, last 5Y | −18.3% | −18.7% |
| Current drawdown | −7.9% | −10.6% |
| Recovery time of worst fall | 228 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
- P/E 21.6: higher than 1% of days since 2023 (median 24.3)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 2.71% a year and the Direct plan's 1.51%, a gap of 1.20%; over the last 3 years the Direct plan returned 1.26 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹25,41,326.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
- 11 Sep 2026: TER increased from 2.69% to 2.71% (AMFI TER disclosure)
| Fund manager | Role | Managing since |
|---|---|---|
| Vinod Malviya | FM 1 Co-manage | 1 Nov 2024 |
| Gaurav Chopra | FM 2 Co-manage | 1 Nov 2024 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.71% | 2.30% |
| AUM, whole scheme (₹ crore) | 378 | 1,217 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -1.3% | -2.3% TRI |
| Return, 3 years (AMFI) | 9.9% | 9.2% TRI |
| Return, 5 years (AMFI) | 10.4% | 8.9% TRI |
| Month-ends above category median (3Y CAGR) | 28% | 43% median |
| Month-ends in category top quartile (3Y) | 2% | 22% median |
Official benchmark: BSE 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Value Regular plans; how it is calculated.
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -6.6% | -7.8% | +1.1% |
| 2025 | 6.7% | 7.7% | −1.0% |
| 2024 | 16.7% | 15.6% | +1.0% |
| 2023 | 33.3% | 26.5% | +6.7% |
| 2022 | 4.9% | 3.8% | +1.1% |
| 2021 | 32.4% | 30.6% | +1.8% |
| 2020 | 17.5% | 17.2% | +0.2% |
| 2019 | 4.6% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,14,771 | -8.0% |
| 3 years | ₹3,60,000 | ₹3,69,047 | 1.6% |
| 5 years | ₹6,00,000 | ₹7,47,729 | 8.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.98 | n/a |
| Kotak Contra Fund | Contra | 0.98 | 12.1% |
| HDFC Large & Mid Cap Fund | Large & Mid Cap | 0.98 | 10.4% |
| HDFC Multi Cap Fund | Multi Cap | 0.97 | 9.1% |
| Bajaj Finserv Large & Mid Cap Fund | Large & Mid Cap | 0.97 | n/a |
| Mirae Asset Multicap Fund | Multi Cap | 0.97 | 10.6% |
- What is the latest NAV of Union Value Fund?
- The NAV of the Regular plan (growth option) was ₹27.1900 on 1 Oct 2026, as published by AMFI.
- Which category is Union Value Fund in?
- It is classified as Value in AMFI's daily NAV file. MFIC compares it with 24 Value schemes (Regular plans).
- What returns has Union Value Fund delivered?
- Over one year the NAV changed by -3.0%. The 3-year CAGR is 9.6% (category median 10.0%) and the 5-year CAGR is 10.2% (category median 10.9%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 18.7%, the lowest was 9.5%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 98% of those periods.
- What was the largest fall in Union Value Fund's NAV?
- The largest peak-to-trough fall in its available history was 37.7%; within the last five years it was 18.3% (category median 18.7%).
- How volatile is Union Value Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 14.9%, which is below the Value category median of 15.4%.
- What would a monthly SIP in Union Value Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,47,729 on 1 Oct 2026, an annualised return (XIRR) of 8.7%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Union Value Fund?
- The total expense ratio of the Regular plan is 2.71% a year, as disclosed to AMFI (median of Value Regular plans: 2.30%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Union Value Fund?
- Assets under management of the whole scheme were ₹378 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Union Value Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Union Value Fund and how has it compared?
- Its official benchmark is the BSE 500 TRI. Over 3 years AMFI reports a return of 9.9% for this plan against 9.2% for the benchmark total return index; over 5 years 10.4% against 8.9%. Past performance does not indicate future results.
- How often has Union Value Fund beaten its category?
- At 28% of the 58 month-ends compared over the last 10 years, its 3-year return was above the median of Value schemes (Regular plans); it was in the top quarter at 2% of them. A typical scheme would show about 50%.
- Who manages Union Value Fund?
- According to its Scheme Summary Document, Union Value Fund is managed by Vinod Malviya (since 1 Nov 2024), Gaurav Chopra (since 1 Nov 2024).
- What is the exit load of Union Value Fund?
- As stated in its scheme documents: 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Union Value Fund?
- The minimum application amount is ₹1,000. SIP details: SIP - Rs. 100 for daily SIP, Rs. 500 for weekly SIP, Rs. 500 for fortnightly SIP, Rs. 500 for monthly SIP, SWP - Rs. 500, STP - Rs. 100.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -1.8% and the Regular plan's by -3.0%. The Regular plan includes the services of a distributor.
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.