Union Mutual Fund
Union Mutual Fund is sponsored by Union Bank of India along with Dai-ichi Life Holdings, bringing together domestic banking experience and global insurance-linked investment expertise. The AMC offers a range of Union Mutual Fund schemes spanning equity, hybrid and debt strategies, aimed at helping investors participate in India’s growth while managing risk sensibly.
The fund house follows a research-intensive investment process and emphasises diversification and risk controls. The best Union Mutual Fund scheme for you will depend on your horizon and risk appetite rather than a one-size-fits-all answer. With 5paisa, you can view different Union Mutual Fund returns, compare categories and learn how to invest in Union Mutual Fund without paperwork.
Best Union Mutual Fund
| Fund Name | Fund Size (Cr.) | 3Y Returns | 5Y Returns | |
|---|---|---|---|---|
Union Midcap Fund - Direct Growth
|
1,407 | 20.00% | 23.91% | |
Union Small Cap Fund - Direct Growth
|
1,632 | 18.74% | 24.52% | |
Union Value Fund - Direct Growth
|
293 | 18.11% | 20.27% | |
Union Retirement Fund - Direct Growth
|
149 | 17.50% | - | |
Union Large & Midcap Fund - Direct Growth
|
860 | 15.87% | 18.63% | |
Union Flexi Cap Fund - Direct Growth
|
2,307 | 15.22% | 18.35% | |
Union ELSS Tax Saver Fund - Direct Growth
|
969 | 15.20% | 18.75% | |
Union Aggressive Hybrid Fund - Direct Growth
|
652 | 13.47% | - | |
Union Largecap Fund - Direct Growth
|
422 | 12.60% | 15.22% | |
Union Focused Fund - Direct Growth
|
427 | 11.70% | 15.90% |
| Fund Name | 1Y Returns | Rating | Fund Size (Cr.) |
|---|---|---|---|
Union Midcap Fund - Direct Growth
|
20.00% Fund Size (Cr.) - 1,407 |
||
Union Small Cap Fund - Direct Growth
|
18.74% Fund Size (Cr.) - 1,632 |
||
Union Value Fund - Direct Growth
|
18.11% Fund Size (Cr.) - 293 |
||
Union Retirement Fund - Direct Growth
|
17.50% Fund Size (Cr.) - 149 |
||
Union Large & Midcap Fund - Direct Growth
|
15.87% Fund Size (Cr.) - 860 |
||
Union Flexi Cap Fund - Direct Growth
|
15.22% Fund Size (Cr.) - 2,307 |
||
Union ELSS Tax Saver Fund - Direct Growth
|
15.20% Fund Size (Cr.) - 969 |
||
Union Aggressive Hybrid Fund - Direct Growth
|
13.47% Fund Size (Cr.) - 652 |
||
Union Largecap Fund - Direct Growth
|
12.60% Fund Size (Cr.) - 422 |
||
Union Focused Fund - Direct Growth
|
11.70% Fund Size (Cr.) - 427 |
Union Mutual Fund Managers
Current NFO
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-
01 Dec 2025
Launch Date
15 Dec 2025
Closed Date
Closed NFO
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-
10 Feb 2025
Launch Date
24 Feb 2025
Closed Date
-
-
15 Jan 2025
Launch Date
28 Jan 2025
Closed Date
Other Calculators
Frequently Asked Questions
Yes, you can invest in direct plans of Union Mutual Fund schemes on 5paisa.
Compare scheme categories, volatility and long-term Union Mutual Fund returns on 5paisa, and pick funds that align with your risk profile and horizon.
Choose the desired scheme on 5paisa, click on ‘SIP’, set amount and frequency and complete the mandate authorisation process.
Yes, switch transactions are allowed subject to scheme load structures and cut-off timings.
Direct plan investments via 5paisa avoid distributor commissions; each Union Mutual Fund scheme still bears its own expense ratio as disclosed by the AMC.
Only specific categories like ELSS have a mandated lock-in. Other schemes typically have no statutory lock-in but may levy exit load for short holding periods.
All units held in Union Mutual Fund schemes can be monitored with updated valuations inside your 5paisa mutual funds dashboard.