Union Mutual Fund
- AMC AGE 16 years
- AMC AUM (In Cr) ₹ 27,463.59
- Number of Schemes 31
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.
List of Union Mutual Funds Schemes
| Fund Name | Fund Size (Cr.) | 3Y Returns | 5Y Returns | |
|---|---|---|---|---|
Union Small Cap Fund Growth
|
1,980 | 20.41% | 18.23% | |
Union Midcap Fund Growth
|
1,705 | 19.49% | 17.84% | |
Union Multicap Fund - Regular Growth
|
1,329 | 16.88% | - | |
Union Value Fund Growth
|
373 | 16.21% | 14.50% | |
Union Retirement Fund Growth
|
196 | 15.71% | - | |
Union Large & Midcap Fund Growth
|
920 | 14.21% | 13.87% | |
Union Focused Fund Growth
|
418 | 12.96% | 12.11% | |
Union Flexi Cap Fund Growth
|
2,294 | 12.81% | 12.22% | |
Union ELSS Tax Saver Fund - Regular Growth
|
841 | 12.63% | 12.80% | |
Union Aggressive Hybrid Fund Growth
|
707 | 11.26% | 10.14% |
| Fund Name | 1Y Returns | Rating | Fund Size (Cr.) |
|---|---|---|---|
Union Small Cap Fund Growth
|
20.41% Fund Size (Cr.) - 1,980 |
||
Union Midcap Fund Growth
|
19.49% Fund Size (Cr.) - 1,705 |
||
Union Multicap Fund - Regular Growth
|
16.88% Fund Size (Cr.) - 1,329 |
||
Union Value Fund Growth
|
16.21% Fund Size (Cr.) - 373 |
||
Union Retirement Fund Growth
|
15.71% Fund Size (Cr.) - 196 |
||
Union Large & Midcap Fund Growth
|
14.21% Fund Size (Cr.) - 920 |
||
Union Focused Fund Growth
|
12.96% Fund Size (Cr.) - 418 |
||
Union Flexi Cap Fund Growth
|
12.81% Fund Size (Cr.) - 2,294 |
||
Union ELSS Tax Saver Fund - Regular Growth
|
12.63% Fund Size (Cr.) - 841 |
||
Union Aggressive Hybrid Fund Growth
|
11.26% Fund Size (Cr.) - 707 |
Key Information about Union Mutual Fund
- Name of the Mutual Fund
- Union Mutual Fund
- Date of Incorporation
- 30 December 2009
- Setup Date
- 23 March 2011
- Sponsor Name
- Union Bank of India, Dai-ichi Life Holdings, Inc.
- Trustee Name
- Union Trustee Company Private Limited
- Chief Executive Officer
- Mr. Madhukumar Nair
- Compliance Officer
- Ms. Richa Parasrampuria
- Chief Compliance Officer
- Mr. Anup Maheshwari
- Investment Service Officer
- Ms. Leena Johnson
- Auditor
- M/s S.R. Batliboi & Co. LLP - For Mutual Fund Schemes, M/s. P. Parikh and Associates - For AMC, Shashikant J Shah & Co- For Trustee Company
- Custodian
- SBI-SG Global Securities Services Private Limited
- Registrars
- Computer Age Management Services Ltd.
- Address (Head Office)
- Unit No. 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East)
- Telephone No
- 022-67483300
- Fax No
- 022-67483402
Union Mutual Fund Managers
How to Invest in Union Mutual Fund?
5paisa enables you to invest in Union Mutual Fund fully online, with a common interface for research, transactions and tracking.
Steps to invest
1. Log in to your 5paisa account or sign up using your mobile number and email.
2. Complete your KYC by uploading PAN, identity and address documents.
3. Evaluate your goals - wealth creation, income or capital preservation—and shortlist Union Mutual Fund schemes accordingly.
4. Filter schemes by risk profile and asset class (equity, debt, hybrid).
5. Visit the specific scheme page, read the scheme objective and portfolio summary.
6. Choose SIP or lump sum mode, enter the amount and review the transaction.
7. Confirm the payment and mandate authorisation to complete your investment.
Your Union Mutual Fund holdings will show up in your 5paisa portfolio for easy tracking.
How to Invest in Union Mutual Fund ?
5paisa enables you to invest in Union Mutual Fund fully online, with a common interface for research, transactions and tracking.
Steps to invest
1. Log in to your 5paisa account or sign up using your mobile number and email.
2. Complete your KYC by uploading PAN, identity and address documents.
3. Evaluate your goals - wealth creation, income or capital preservation—and shortlist Union Mutual Fund schemes accordingly.
4. Filter schemes by risk profile and asset class (equity, debt, hybrid).
5. Visit the specific scheme page, read the scheme objective and portfolio summary.
6. Choose SIP or lump sum mode, enter the amount and review the transaction.
7. Confirm the payment and mandate authorisation to complete your investment.
Your Union Mutual Fund holdings will show up in your 5paisa portfolio for easy tracking.
Top 10 Union Mutual Fund to Invest
- Union Small Cap Fund Growth is an Small Cap scheme that was launched on 20-05-2014 and is currently under the management of our experienced fund manager Pratik Dharmshi. With an impressive
AUM of ₹1,980 Crores, this scheme's latest NAV is ₹53.62 as of 5/22/2026 12:00:00 AM.
Union Small Cap Fund Growth scheme has delivered a return performance of 17.87% in the last 1 year, 20.41% in the last 3 years, and an 15.05 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Small Cap Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,980
- 3Y Return
- 20.41%
- Union Midcap Fund Growth is an Mid Cap scheme that was launched on 02-03-2020 and is currently under the management of our experienced fund manager Gaurav Chopra. With an impressive
AUM of ₹1,705 Crores, this scheme's latest NAV is ₹49.6 as of 5/22/2026 12:00:00 AM.
Union Midcap Fund Growth scheme has delivered a return performance of 9.98% in the last 1 year, 19.49% in the last 3 years, and an 29.65 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Mid Cap Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,705
- 3Y Return
- 19.49%
- Union Multicap Fund - Regular Growth is an Multi Cap scheme that was launched on 28-11-2022 and is currently under the management of our experienced fund manager Harshad Patwardhan. With an impressive
AUM of ₹1,329 Crores, this scheme's latest NAV is ₹16.26 as of 5/22/2026 12:00:00 AM.
Union Multicap Fund - Regular Growth scheme has delivered a return performance of 7.40% in the last 1 year, 16.88% in the last 3 years, and an 15.25 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Multi Cap Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,329
- 3Y Return
- 16.88%
- Union Value Fund Growth is an Value scheme that was launched on 14-11-2018 and is currently under the management of our experienced fund manager Vinod Malviya. With an impressive
AUM of ₹373 Crores, this scheme's latest NAV is ₹27.73 as of 5/22/2026 12:00:00 AM.
Union Value Fund Growth scheme has delivered a return performance of 1.76% in the last 1 year, 16.21% in the last 3 years, and an 14.64 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Value Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 373
- 3Y Return
- 16.21%
- Union Retirement Fund Growth is an Retirement scheme that was launched on 01-09-2022 and is currently under the management of our experienced fund manager Pratik Dharmshi. With an impressive
AUM of ₹196 Crores, this scheme's latest NAV is ₹15.84 as of 5/22/2026 12:00:00 AM.
Union Retirement Fund Growth scheme has delivered a return performance of 5.53% in the last 1 year, 15.71% in the last 3 years, and an 13.37 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Retirement Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 196
- 3Y Return
- 15.71%
- Union Large & Midcap Fund Growth is an Large & Mid Cap scheme that was launched on 15-11-2019 and is currently under the management of our experienced fund manager Vinod Malviya. With an impressive
AUM of ₹920 Crores, this scheme's latest NAV is ₹25.5 as of 5/22/2026 12:00:00 AM.
Union Large & Midcap Fund Growth scheme has delivered a return performance of 4.12% in the last 1 year, 14.21% in the last 3 years, and an 15.59 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Large & Mid Cap Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 920
- 3Y Return
- 14.21%
- Union Focused Fund Growth is an Focused scheme that was launched on 15-07-2019 and is currently under the management of our experienced fund manager Pratik Dharmshi. With an impressive
AUM of ₹418 Crores, this scheme's latest NAV is ₹26.3 as of 5/22/2026 12:00:00 AM.
Union Focused Fund Growth scheme has delivered a return performance of 7.08% in the last 1 year, 12.96% in the last 3 years, and an 15.28 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Focused Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 418
- 3Y Return
- 12.96%
- Union Flexi Cap Fund Growth is an Flexi Cap scheme that was launched on 20-05-2011 and is currently under the management of our experienced fund manager Sanjay Bembalkar. With an impressive
AUM of ₹2,294 Crores, this scheme's latest NAV is ₹49.39 as of 5/22/2026 12:00:00 AM.
Union Flexi Cap Fund Growth scheme has delivered a return performance of -0.18% in the last 1 year, 12.81% in the last 3 years, and an 11.27 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Flexi Cap Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 2,294
- 3Y Return
- 12.81%
- Union ELSS Tax Saver Fund - Regular Growth is an ELSS scheme that was launched on 08-11-2011 and is currently under the management of our experienced fund manager Sanjay Bembalkar. With an impressive
AUM of ₹841 Crores, this scheme's latest NAV is ₹62.68 as of 5/22/2026 12:00:00 AM.
Union ELSS Tax Saver Fund - Regular Growth scheme has delivered a return performance of 0.37% in the last 1 year, 12.63% in the last 3 years, and an 13.57 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in ELSS.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 841
- 3Y Return
- 12.63%
- Union Aggressive Hybrid Fund Growth is an Aggressive Hybrid scheme that was launched on 27-11-2020 and is currently under the management of our experienced fund manager Sanjay Bembalkar. With an impressive
AUM of ₹707 Crores, this scheme's latest NAV is ₹17.69 as of 5/22/2026 12:00:00 AM.
Union Aggressive Hybrid Fund Growth scheme has delivered a return performance of 0.45% in the last 1 year, 11.26% in the last 3 years, and an 11.08 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Aggressive Hybrid Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 707
- 3Y Return
- 11.26%
Other Calculators
Frequently Asked Questions
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.
Schemes offered by Union Mutual Funds have their own respective expense ratios that are available for you to check on the individual mutual fund of your choice in the table above.
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.
It is fairly simple to increase your SIP amount in Union Mutual Fund with 5paisa app. All you need to do is open up your running SIP on the 5paisa trading app and adjust the SIP amount or add another SIP in another scheme that is aligned with your plan.