Union Focused Fund
Union Mutual Fund · Focused · Regular plan, growth option
NAV (₹), 1 Oct 2026
26.3300
1-day change
-0.68%
1Y return
2.9%
3Y CAGR
9.1%
5Y CAGR
8.0%
Max drawdown, 5Y
−18.7%
NAV history month-end NAV, ₹ · 13 Aug 2019 to 1 Oct 2026
Returns vs Focused median (28 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -5.9% | -5.8% |
| 3 months | -3.4% | -3.7% |
| 6 months | 11.3% | 9.5% |
| Year to date | 5.0% | -4.9% |
| 1 year | 2.9% | -1.1% |
| 3 years (CAGR) | 9.1% | 9.4% |
| 5 years (CAGR) | 8.0% | 9.5% |
| 7 years (CAGR) | 14.1% | 13.9% |
| 10 years (CAGR) | n/a | 11.8% |
| Since first NAV (CAGR) | 14.5% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.9% | 10.6% |
| 3Y rolling median | 14.7% | 14.6% |
| 3Y rolling worst | 7.6% | 4.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 13% | 49% |
| 5Y rolling median | 16.6% | 14.8% |
| 5Y rolling worst | 7.9% | 2.6% |
| 5Y periods ahead of benchmark | 0% | 42% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 14.7% | 15.4% |
| Sharpe ratio | 0.25 | 0.28 |
| Sortino ratio | 0.35 | 0.40 |
| Beta | 0.87 | 0.94 |
| Alpha (ann.) | 0.7% | 1.0% |
| Upside capture | 89.48 | 99.87 |
| Downside capture | 87.02 | 95.37 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −34.0% | −34.9% |
| Maximum drawdown, last 10Y | n/a | −37.5% |
| Maximum drawdown, last 5Y | −18.7% | −20.4% |
| Current drawdown | −7.1% | −8.3% |
| Recovery time of worst fall | 199 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
21,857.75 −0.97%
NSE close, 1 Oct 2026
- P/E 21.6: higher than 1% of days since 2023 (median 24.1)
- 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.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.55% a year and the Direct plan's 1.55%, a gap of 1.00%; over the last 3 years the Direct plan returned 1.11 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 ₹21,33,571.
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.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 2.57% to 2.55% (AMFI TER disclosure)
- 11 Sep 2026: TER increased from 2.54% to 2.57% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Pratik Dharmshi | FM 1 Co-manage | 9 Dec 2024 |
| Vinod Malviya | FM 2 Co-manage | 1 Nov 2024 |
Objective: The investment objective of the scheme is to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps. However, there can be no assurance that the investment objective of the scheme will be achieved.
Stated asset allocation: Equity and Equity related instruments across market cap*: 80%- 100% of net assets, Debt and Money Market instruments: 0%-20% of net assets, Units Issued by InvITs: 0%-10% (*Investment in maximum 30 stocks across market capitalisation.) Please refer the Scheme Information Document for complete details.
Benchmark (tier 1): BSE 500 Index (TRI)
Exit load: 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.
Minimum application: ₹1,000
Allotment date: 5 Aug 2019
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.55% | 2.21% |
| AUM, whole scheme (₹ crore) | 433 | 2,407 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 4.8% | -2.3% TRI |
| Return, 3 years (AMFI) | 9.4% | 9.2% TRI |
| Return, 5 years (AMFI) | 8.0% | 8.9% TRI |
| Month-ends above category median (3Y CAGR) | 18% | 48% median |
| Month-ends in category top quartile (3Y) | 0% | 13% median |
Official benchmark: BSE 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Focused Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 5.0% | -7.8% | +12.8% |
| 2025 | -2.0% | 7.7% | −9.6% |
| 2024 | 16.4% | 15.6% | +0.7% |
| 2023 | 20.8% | 26.5% | −5.7% |
| 2022 | -0.2% | 3.8% | −4.0% |
| 2021 | 34.5% | 30.6% | +3.9% |
| 2020 | 20.7% | 17.2% | +3.4% |
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.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,21,896 | 2.9% |
| 3 years | ₹3,60,000 | ₹3,89,359 | 5.2% |
| 5 years | ₹6,00,000 | ₹7,41,720 | 8.4% |
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 facts
AMC: Union Mutual Fund
Category: Focused
Plan / option: Regular · Growth
AMFI scheme code: 147490
ISIN: INF582M01FW6
First NAV in MFIC data: 13 Aug 2019
History: 7.1 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Union Flexi Cap Fund | Flexi Cap | 0.96 | 8.9% |
| Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund | ELSS | 0.96 | 8.3% |
| PGIM India Multi Cap Fund | Multi Cap | 0.96 | n/a |
| Aditya Birla Sun Life Multi-Cap Fund | Multi Cap | 0.96 | 12.1% |
| Sundaram Large and Midcap Fund | Large & Mid Cap | 0.96 | 11.8% |
| Union Multicap Fund | Multi Cap | 0.96 | 12.3% |
Questions about Union Focused Fund
- What is the latest NAV of Union Focused Fund?
- The NAV of the Regular plan (growth option) was ₹26.3300 on 1 Oct 2026, as published by AMFI.
- Which category is Union Focused Fund in?
- It is classified as Focused in AMFI's daily NAV file; a Focused scheme holds at most 30 stocks. MFIC compares it with 28 Focused schemes (Regular plans).
- What returns has Union Focused Fund delivered?
- Over one year the NAV changed by 2.9%. The 3-year CAGR is 9.1% (category median 9.4%) and the 5-year CAGR is 8.0% (category median 9.5%). 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 14.7%, the lowest was 7.6%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 13% of those periods.
- What was the largest fall in Union Focused Fund's NAV?
- The largest peak-to-trough fall in its available history was 34.0%; within the last five years it was 18.7% (category median 20.4%).
- How volatile is Union Focused Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 14.7%, which is below the Focused category median of 15.4%.
- What would a monthly SIP in Union Focused 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 ₹7,41,720 on 1 Oct 2026, an annualised return (XIRR) of 8.4%. 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 Focused Fund?
- The total expense ratio of the Regular plan is 2.55% a year, as disclosed to AMFI (median of Focused Regular plans: 2.21%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Union Focused Fund?
- Assets under management of the whole scheme were ₹433 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Union Focused 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 Focused Fund and how has it compared?
- Its official benchmark is the BSE 500 TRI. Over 3 years AMFI reports a return of 9.4% for this plan against 9.2% for the benchmark total return index; over 5 years 8.0% against 8.9%. Past performance does not indicate future results.
- How often has Union Focused Fund beaten its category?
- At 18% of the 50 month-ends compared over the last 10 years, its 3-year return was above the median of Focused schemes (Regular plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages Union Focused Fund?
- According to its Scheme Summary Document, Union Focused Fund is managed by Pratik Dharmshi (since 9 Dec 2024), Vinod Malviya (since 1 Nov 2024).
- What is the exit load of Union Focused 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 Focused 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 3.9% and the Regular plan's by 2.9%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.