Union Mutual Fund
In the last decade, Union Asset Management Co. Pvt. Ltd. has emerged as one of the top players in India’s asset management sector as the investment wing of the prestigious Union Bank of India. Popularly known as Union Mutual Fund, the company’s vision ever since its inception in 2009 has been, “be the bridge of opportunity for investors to achieve sustainable prosperity through responsible investing in the capital markets.”
Established in December 2009, Union Mutual Fund collaborated with KBC Asset Management NV – a premium AMC based in Belgium – to start off their first mutual fund company under the name ‘Union KBC Mutual Fund.’ The collaboration saw a 49%-51% partnership between Union Bank of India and KBC Asset Management NV.
Best Union Mutual Fund
Fund Name | Fund Size(Cr.) | 3Y | 5Y | |
---|---|---|---|---|
Union Small Cap Fund - Direct Growth
|
1,663 | 21.64% | 30.42% | |
Union Midcap Fund - Direct Growth
|
1,436 | 19.34% | - | |
Union Value Fund - Direct Growth
|
298 | 18.07% | 22.06% | |
Union ELSS Tax Saver Fund - Direct Growth
|
987 | 14.72% | 20.78% | |
Union Large & Midcap Fund - Direct Growth
|
881 | 14.28% | - | |
Union Flexi Cap Fund - Direct Growth
|
2,355 | 13.70% | 20.44% | |
Union Aggressive Hybrid Fund - Direct Growth
|
666 | 11.41% | - | |
Union Focused Fund - Direct Growth
|
429 | 11.04% | 18.68% | |
Union Largecap Fund - Direct Growth
|
435 | 10.60% | 16.18% | |
Union Balanced Advantage Fund - Direct Growth | 1,527 | 10.09% | 12.96% |
Fund Name | 1Y | Rating | Fund Size(Cr.) |
---|---|---|---|
Union Small Cap Fund - Direct Growth
|
21.64% Fund Size - 1,663 |
||
Union Midcap Fund - Direct Growth
|
19.34% Fund Size - 1,436 |
||
Union Value Fund - Direct Growth
|
18.07% Fund Size - 298 |
||
Union ELSS Tax Saver Fund - Direct Growth
|
14.72% Fund Size - 987 |
||
Union Large & Midcap Fund - Direct Growth
|
14.28% Fund Size - 881 |
||
Union Flexi Cap Fund - Direct Growth
|
13.70% Fund Size - 2,355 |
||
Union Aggressive Hybrid Fund - Direct Growth
|
11.41% Fund Size - 666 |
||
Union Focused Fund - Direct Growth
|
11.04% Fund Size - 429 |
||
Union Largecap Fund - Direct Growth
|
10.60% Fund Size - 435 |
||
Union Balanced Advantage Fund - Direct Growth |
10.09% Fund Size - 1,527 |
However, after seven years of running a successful AMC, the partnership entered a resolution in 2016, making UBI the sole proprietor of Union Mutual Fund for a brief period. Thereafter in 2017, Union Bank entered into a fresh partnership with Dai-ichi Life, one of Japan’s major financial services companies. The latter acquired a 39.62% stake in the AMC, and thus, Union Mutual Fund got its new name – Union Asset Management Co. Pvt. Ltd. View More
Union Mutual Fund Managers
How to Invest in Union Mutual Fund?
How to Invest in Union Mutual Fund ?
Over the years, investing in stocks has marched on, and investors have become increasingly careful with how they invest. They know less about picking stocks and more about finding good companies to partner with for long-term business success. That is why some investors choose to invest in mutual funds over stocks. A mutual fund is a professionally managed type of investment that pools money from investors, who then get exposure to stock market investments in small portions.
If you want to invest in UNION Mutual Funds, the process is extremely simple on the 5Paisa platform. 5Paisa is one of the country’s largest investing platforms, and you can easily add UNION and other mutual funds to your portfolio. The steps to invest in UNION Mutual Fund online is as follows: View More
Top 10 Union Mutual Fund to Invest
- Union Small Cap Fund - Direct Growth
- ₹ 500
- ₹ 1,663
- 21.64%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,663
- 3Y Return
- 21.64%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,663
- 3Y Return
- 21.64%
- Union Midcap Fund - Direct Growth
- ₹ 500
- ₹ 1,436
- 19.34%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,436
- 3Y Return
- 19.34%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,436
- 3Y Return
- 19.34%
- Union Value Fund - Direct Growth
- ₹ 500
- ₹ 298
- 18.07%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 298
- 3Y Return
- 18.07%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 298
- 3Y Return
- 18.07%
- Union ELSS Tax Saver Fund - Direct Growth
- ₹ 500
- ₹ 987
- 14.72%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 987
- 3Y Return
- 14.72%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 987
- 3Y Return
- 14.72%
- Union Large & Midcap Fund - Direct Growth
- ₹ 500
- ₹ 881
- 14.28%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 881
- 3Y Return
- 14.28%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 881
- 3Y Return
- 14.28%
- Union Flexi Cap Fund - Direct Growth
- ₹ 500
- ₹ 2,355
- 13.70%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 2,355
- 3Y Return
- 13.70%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 2,355
- 3Y Return
- 13.70%
- Union Aggressive Hybrid Fund - Direct Growth
- ₹ 500
- ₹ 666
- 11.41%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 666
- 3Y Return
- 11.41%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 666
- 3Y Return
- 11.41%
- Union Focused Fund - Direct Growth
- ₹ 500
- ₹ 429
- 11.04%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 429
- 3Y Return
- 11.04%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 429
- 3Y Return
- 11.04%
- Union Largecap Fund - Direct Growth
- ₹ 500
- ₹ 435
- 10.60%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 435
- 3Y Return
- 10.60%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 435
- 3Y Return
- 10.60%
- Union Balanced Advantage Fund - Direct Growth
- ₹ 500
- ₹ 1,527
- 10.09%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,527
- 3Y Return
- 10.09%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,527
- 3Y Return
- 10.09%
Closed NFO
-
20 Aug 2024
Launch Date
03 Sep 2024
Closed Date
Frequently Asked Questions
<p>The amount you should invest in a SIP depends on your financial goals and the amount of money you have. The amount you will pay each month will depend on how much the mutual fund charges as its expense ratio. You can use our Mutual Fund SIP calculator to determine how much your monthly investment should be based on your goal and other details.</p>
You can increase your SIP amount for the next subscription date. You can change your SIP amount only once a month, and the new amount will be charged from the next subscription date onwards. All you need to do is choose the edit option and increase the SIP amount.
You do not have to open a Demat account to invest in mutual funds. With 5Paisa’s apps, you can purchase and trade mutual funds on the fly. Download the Invest app and the Mobile Trading App and open an MF account.
UNION AMC offers a wide range of investment options, including mutual funds, ETFs, bond funds, and liquid schemes. There are various investment options to help you reach your financial goals.
Union’s funds have a successful, proven track record. And part of that success is attributable to investing in riskier, more volatile investment opportunities. But all investments involve risk. The key to making money is knowing how to manage that risk with proper portfolio diversification.
When you sign up for a SIP in a UNION mutual fund, the minimum amount is INR 500.
Invest your money safely and securely with 5Paisa. The zero-commission platform offers a variety of investment options, including Mutual Funds, Gold, ETFs and more. Choose from SIP or Lumpsum options and avail of the ease of accessibility and user-friendly platform with no hidden charges.
Yes, you can stop purchasing new shares in a mutual fund during a subscription period. To do so, simply go to your account on 5Paisa and request that it cancel your standing order for additional shares. You have to click the “Stop SIP” option under the scheme, and you’re ready.
Past performance is not a guarantee of future results. When looking at returns, we recommend focusing on the returns generated in the most recent periods by the relevant investment timeframe.
Mutual funds are investment options made available to individuals and organizations that want to invest without having to select individual stocks. To help you make an educated decision, 5Paisa as a platform will answer your questions about mutual funds, like how much a mutual fund costs, what happens when you need to sell shares and how you can purchase them directly.