Union Retirement Fund
Union Mutual Fund · Retirement · Regular plan, growth option
NAV (₹), 1 Oct 2026
15.6800
1-day change
-1.20%
1Y return
0.6%
3Y CAGR
10.2%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 29 Sep 2022 to 1 Oct 2026
Returns vs Retirement median (29 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -6.1% | -4.5% |
| 3 months | -4.6% | -2.7% |
| 6 months | 7.0% | 4.9% |
| Year to date | -2.7% | -2.5% |
| 1 year | 0.6% | -0.1% |
| 3 years (CAGR) | 10.2% | 7.2% |
| 5 years (CAGR) | n/a | 7.0% |
| 7 years (CAGR) | n/a | 9.9% |
| 10 years (CAGR) | n/a | 9.0% |
| Since first NAV (CAGR) | 13.1% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.0% | 8.1% |
| 3Y rolling median | 16.2% | 11.3% |
| 3Y rolling worst | 10.2% | 4.3% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 10.5% |
| 5Y rolling worst | n/a | 5.6% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 14.5% | 10.9% |
| Sharpe ratio | 0.32 | 0.10 |
| Sortino ratio | 0.45 | 0.13 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −18.2% | −18.1% |
| Maximum drawdown, last 10Y | n/a | −23.5% |
| Maximum drawdown, last 5Y | n/a | −12.7% |
| Current drawdown | −7.1% | −5.8% |
| Recovery time of worst fall | 308 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.68% a year and the Direct plan's 1.36%, a gap of 1.32%; over the last 3 years the Direct plan returned 1.43 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 ₹28,28,704.
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 2.69% to 2.68% (AMFI TER disclosure)
- 11 Sep 2026: TER increased from 2.66% to 2.69% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Pratik Dharmshi | Co-manage | 9 Dec 2024 |
| Pratit Vajani | Co-manage | 1 Jul 2025 |
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.
Stated asset allocation: Equity and Equity related instruments - 65%- 100% of net assets, Debt and Money Market instruments - 0%-35% of net assets, Units issued by InvITs - 0% to 10% of net assets. Please refer the Scheme Information Document for complete details.
Benchmark (tier 1): BSE 500 Index (TRI)
Minimum application: ₹1,000
Allotment date: 22 Sep 2022
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 | 2.68% | 2.18% |
| AUM, whole scheme (₹ crore) | 207 | 269 |
| 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) | 2.9% | -2.3% TRI |
| Return, 3 years (AMFI) | 10.6% | 9.2% TRI |
| Month-ends above category median (3Y CAGR) | 100% | 35% median |
| Month-ends in category top quartile (3Y) | 100% | 9% median |
Official benchmark: BSE 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Retirement Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -2.7% | n/a | – |
| 2025 | 6.1% | n/a | – |
| 2024 | 17.4% | n/a | – |
| 2023 | 30.1% | n/a | – |
No free benchmark proxy for this category. 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 | ₹1,18,017 | -3.0% |
| 3 years | ₹3,60,000 | ₹3,82,961 | 4.1% |
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: Retirement
Plan / option: Regular · Growth
AMFI scheme code: 150552
ISIN: INF582M01IM1
First NAV in MFIC data: 29 Sep 2022
History: 4.0 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 Children's Fund | Children's | 0.99 | n/a |
| Baroda BNP Paribas Retirement Fund | Retirement | 0.99 | n/a |
| PGIM India Retirement Fund | Retirement | 0.97 | n/a |
| Nippon India Retirement Fund- Wealth Creation Scheme | Retirement | 0.97 | 8.3% |
| SBI Retirement Benefit Fund - Aggressive Hybrid Plan | Retirement | 0.97 | 7.5% |
| UTI Children's Equity Fund | Children's | 0.97 | 4.9% |
Questions about Union Retirement Fund
- What is the latest NAV of Union Retirement Fund?
- The NAV of the Regular plan (growth option) was ₹15.6800 on 1 Oct 2026, as published by AMFI.
- Which category is Union Retirement Fund in?
- It is classified as Retirement in AMFI's daily NAV file. MFIC compares it with 29 Retirement schemes (Regular plans).
- What returns has Union Retirement Fund delivered?
- Over one year the NAV changed by 0.6%. The 3-year CAGR is 10.2% (category median 7.2%). 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 16.2%, the lowest was 10.2%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Union Retirement Fund's NAV?
- The largest peak-to-trough fall in its available history was 18.2%.
- How volatile is Union Retirement Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 14.5%, which is above the Retirement category median of 10.9%.
- What would a monthly SIP in Union Retirement Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,82,961 on 1 Oct 2026, an annualised return (XIRR) of 4.1%. 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 Retirement Fund?
- The total expense ratio of the Regular plan is 2.68% a year, as disclosed to AMFI (median of Retirement Regular plans: 2.18%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Union Retirement Fund?
- Assets under management of the whole scheme were ₹207 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Union Retirement 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 Retirement Fund and how has it compared?
- Its official benchmark is the BSE 500 TRI. Over 3 years AMFI reports a return of 10.6% for this plan against 9.2% for the benchmark total return index. Past performance does not indicate future results.
- How often has Union Retirement Fund beaten its category?
- At 100% of the 13 month-ends compared over the last 10 years, its 3-year return was above the median of Retirement schemes (Regular plans); it was in the top quarter at 100% of them. A typical scheme would show about 50%.
- Who manages Union Retirement Fund?
- According to its Scheme Summary Document, Union Retirement Fund is managed by Pratik Dharmshi (since 9 Dec 2024), Pratit Vajani (since 1 Jul 2025).
- What is the minimum investment in Union Retirement 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 1.9% and the Regular plan's by 0.6%. 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.