Union Arbitrage Fund Direct Growth

Fund Overview

Fund Size

₹246 Cr

Expense Ratio

0.33%

ISIN

INF582M01ES7

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

27 Feb 2019

About this fund

Union Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 7 years, 4 months and 19 days, having been launched on 27-Feb-19.
As of 15-Jul-26, it has a Net Asset Value (NAV) of ₹15.48, Assets Under Management (AUM) of 245.94 Crores, and an expense ratio of 0.33%.

Union Arbitrage Fund Direct Growth has given a CAGR return of 6.07% since inception.
The fund's asset allocation comprises around -0.39% in equities, 4.66% in debts, and 95.72% in cash & cash equivalents.
You can start investing in Union Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.35%

+6.18% (Cat Avg.)

3 Years

+7.32%

+6.95% (Cat Avg.)

5 Years

+6.44%

+6.12% (Cat Avg.)

Since Inception

+6.07%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2026

Equity	₹-0.95 Cr	-0.39%
Debt	₹11.46 Cr	4.66%
Others	₹235.43 Cr	95.73%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offset For Derivatives	Cash - General Offset	₹177 Cr	71.97%
Union Money Market Dir Gr	Mutual Fund - Open End	₹40.98 Cr	16.66%
Bank Of Baroda	Cash - CD/Time Deposit	₹14.33 Cr	5.83%
Future on HDFC Bank Ltd	Equity - Future	₹-8.98 Cr	3.65%
HDFC Bank Ltd	Equity	₹8.92 Cr	3.63%
Net Receivable / Payable	Cash - Collateral	₹8.66 Cr	3.52%
Future on Reliance Industries Ltd	Equity - Future	₹-7.74 Cr	3.15%
Reliance Industries Ltd	Equity	₹7.7 Cr	3.13%
Future on Bharti Airtel Ltd	Equity - Future	₹-6.78 Cr	2.76%
Bharti Airtel Ltd	Equity	₹6.77 Cr	2.75%
Future on Vodafone Idea Ltd	Equity - Future	₹-5.82 Cr	2.37%
Vodafone Idea Ltd	Equity	₹5.79 Cr	2.35%
Treps	Cash - Repurchase Agreement	₹5.62 Cr	2.29%
Future on Kotak Mahindra Bank Ltd	Equity - Future	₹-5.62 Cr	2.29%
Kotak Mahindra Bank Ltd	Equity	₹5.57 Cr	2.26%
Future on L&T Finance Ltd	Equity - Future	₹-5.18 Cr	2.11%
L&T Finance Ltd	Equity	₹5.17 Cr	2.10%
Future on Max Financial Services Ltd	Equity - Future	₹-4.9 Cr	1.99%
Max Financial Services Ltd	Equity	₹4.88 Cr	1.98%
Future on Bharat Heavy Electricals Ltd	Equity - Future	₹-4.84 Cr	1.97%
Bharat Heavy Electricals Ltd	Equity	₹4.78 Cr	1.94%
Future on Eternal Ltd	Equity - Future	₹-4.51 Cr	1.84%
Eternal Ltd	Equity	₹4.49 Cr	1.83%
Future on JSW Steel Ltd	Equity - Future	₹-4.39 Cr	1.79%
JSW Steel Ltd	Equity	₹4.39 Cr	1.78%
Future on Cipla Ltd	Equity - Future	₹-3.95 Cr	1.61%
Cipla Ltd	Equity	₹3.92 Cr	1.60%
Future on Grasim Industries Ltd	Equity - Future	₹-3.82 Cr	1.55%
Grasim Industries Ltd	Equity	₹3.8 Cr	1.54%
Future on Jindal Steel Ltd	Equity - Future	₹-3.6 Cr	1.47%
Jindal Steel Ltd	Equity	₹3.58 Cr	1.45%
Future on State Bank of India	Equity - Future	₹-3.49 Cr	1.42%
Future on Tata Steel Ltd.	Equity - Future	₹-3.49 Cr	1.42%
State Bank of India	Equity	₹3.47 Cr	1.41%
Tata Steel Ltd	Equity	₹3.47 Cr	1.41%
Future on Maruti Suzuki India Ltd	Equity - Future	₹-3.33 Cr	1.35%
Maruti Suzuki India Ltd	Equity	₹3.32 Cr	1.35%
Future on Axis Bank Ltd	Equity - Future	₹-3.3 Cr	1.34%
Axis Bank Ltd	Equity	₹3.28 Cr	1.33%
Future on HDFC Life Insurance Co Ltd	Equity - Future	₹-3.2 Cr	1.30%
HDFC Life Insurance Co Ltd	Equity	₹3.17 Cr	1.29%
Future on Bajaj Finance Ltd	Equity - Future	₹-3.03 Cr	1.23%
Future on Power Grid Corp Of India Ltd	Equity - Future	₹-3.01 Cr	1.23%
Bajaj Finance Ltd	Equity	₹3.01 Cr	1.23%
Future on ICICI Bank Ltd	Equity - Future	₹-3 Cr	1.22%
Power Grid Corp Of India Ltd	Equity	₹2.99 Cr	1.22%
ICICI Bank Ltd	Equity	₹2.98 Cr	1.21%
Future on Sun Pharmaceuticals Industries Ltd	Equity - Future	₹-2.95 Cr	1.20%
Sun Pharmaceuticals Industries Ltd	Equity	₹2.93 Cr	1.19%
Future on Eicher Motors Ltd	Equity - Future	₹-2.91 Cr	1.18%
Eicher Motors Ltd	Equity	₹2.9 Cr	1.18%
Future on SBI Life Insurance Co Ltd	Equity - Future	₹-2.86 Cr	1.16%
Future on NTPC Ltd	Equity - Future	₹-2.85 Cr	1.16%
SBI Life Insurance Co Ltd	Equity	₹2.85 Cr	1.16%
NTPC Ltd	Equity	₹2.84 Cr	1.15%
Future on Adani Ports & Special Economic Zone Ltd	Equity - Future	₹-2.69 Cr	1.09%
Adani Ports & Special Economic Zone Ltd	Equity	₹2.67 Cr	1.08%
Future on Shriram Finance Ltd	Equity - Future	₹-2.59 Cr	1.05%
Shriram Finance Ltd	Equity	₹2.58 Cr	1.05%
Future on Apollo Hospitals Enterprise Ltd	Equity - Future	₹-2.29 Cr	0.93%
Future on Jio Financial Services Ltd	Equity - Future	₹-2.29 Cr	0.93%
Apollo Hospitals Enterprise Ltd	Equity	₹2.28 Cr	0.93%
Jio Financial Services Ltd	Equity	₹2.28 Cr	0.93%
Future on IndusInd Bank Ltd	Equity - Future	₹-2.22 Cr	0.90%
IndusInd Bank Ltd	Equity	₹2.2 Cr	0.89%
Future on Tata Consumer Products Ltd	Equity - Future	₹-2.2 Cr	0.89%
Tata Consumer Products Ltd	Equity	₹2.19 Cr	0.89%
Future on Bajaj Finserv Ltd	Equity - Future	₹-2.15 Cr	0.87%
Bajaj Finserv Ltd	Equity	₹2.14 Cr	0.87%
Future on Dixon Technologies (India) Ltd	Equity - Future	₹-2.1 Cr	0.85%
Dixon Technologies (India) Ltd	Equity	₹2.09 Cr	0.85%
Hero MotoCorp Ltd	Equity	₹2.01 Cr	0.82%
UPL Ltd	Equity	₹2.01 Cr	0.82%
Future on UPL Ltd	Equity - Future	₹-2.01 Cr	0.82%
Future on Hero MotoCorp Ltd	Equity - Future	₹-2 Cr	0.81%
Future on ITC Ltd	Equity - Future	₹-1.99 Cr	0.81%
Future on Ashok Leyland Ltd	Equity - Future	₹-1.99 Cr	0.81%
ITC Ltd	Equity	₹1.98 Cr	0.81%
Ashok Leyland Ltd	Equity	₹1.97 Cr	0.80%
Future on TVS Motor Co Ltd	Equity - Future	₹-1.95 Cr	0.79%
TVS Motor Co Ltd	Equity	₹1.94 Cr	0.79%
Future on Solar Industries India Ltd	Equity - Future	₹-1.88 Cr	0.76%
Future on Tata Motors Passenger Vehicles Ltd	Equity - Future	₹-1.87 Cr	0.76%
Solar Industries India Ltd	Equity	₹1.87 Cr	0.76%
Tata Motors Passenger Vehicles Ltd	Equity	₹1.86 Cr	0.76%
Future on Hindustan Unilever Ltd	Equity - Future	₹-1.86 Cr	0.76%
Future on FSN E-Commerce Ventures Ltd	Equity - Future	₹-1.85 Cr	0.75%
Future on Coal India Ltd	Equity - Future	₹-1.85 Cr	0.75%
FSN E-Commerce Ventures Ltd	Equity	₹1.85 Cr	0.75%
Hindustan Unilever Ltd	Equity	₹1.84 Cr	0.75%
Coal India Ltd	Equity	₹1.84 Cr	0.75%
DLF Ltd	Equity	₹1.83 Cr	0.74%
Future on DLF Ltd	Equity - Future	₹-1.83 Cr	0.74%
Future on Hindalco Industries Ltd	Equity - Future	₹-1.81 Cr	0.74%
Hindalco Industries Ltd	Equity	₹1.81 Cr	0.74%
Future on Larsen & Toubro Ltd	Equity - Future	₹-1.75 Cr	0.71%
Larsen & Toubro Ltd	Equity	₹1.74 Cr	0.71%
Future on Ambuja Cements Ltd	Equity - Future	₹-1.73 Cr	0.71%
Ambuja Cements Ltd	Equity	₹1.72 Cr	0.70%
Future on ICICI Lombard General Insurance Co Ltd	Equity - Future	₹-1.65 Cr	0.67%
ICICI Lombard General Insurance Co Ltd	Equity	₹1.64 Cr	0.67%
Future on UNO Minda Ltd	Equity - Future	₹-1.5 Cr	0.61%
Future on Angel One Ltd Ordinary Shares	Equity - Future	₹-1.5 Cr	0.61%
UNO Minda Ltd	Equity	₹1.5 Cr	0.61%
Angel One Ltd Ordinary Shares	Equity	₹1.49 Cr	0.60%
Future on CG Power & Industrial Solutions Ltd	Equity - Future	₹-1.39 Cr	0.56%
CG Power & Industrial Solutions Ltd	Equity	₹1.38 Cr	0.56%
Future on Yes Bank Ltd	Equity - Future	₹-1.36 Cr	0.55%
Yes Bank Ltd	Equity	₹1.35 Cr	0.55%
Mahindra & Mahindra Ltd	Equity	₹1.29 Cr	0.52%
Future on Mahindra & Mahindra Ltd	Equity - Future	₹-1.29 Cr	0.52%
Future on Mphasis Ltd	Equity - Future	₹-1.2 Cr	0.49%
Mphasis Ltd	Equity	₹1.19 Cr	0.48%
Future on GAIL (India) Ltd	Equity - Future	₹-1.18 Cr	0.48%
GAIL (India) Ltd	Equity	₹1.17 Cr	0.48%
The Federal Bank Ltd	Equity	₹1.07 Cr	0.44%
Future on The Federal Bank Ltd	Equity - Future	₹-1.07 Cr	0.44%
Future on Divi's Laboratories Ltd	Equity - Future	₹-1.06 Cr	0.43%
Divi's Laboratories Ltd	Equity	₹1.05 Cr	0.43%
Future on Bank of Baroda	Equity - Future	₹-1.04 Cr	0.42%
Future on HDFC Asset Management Co Ltd	Equity - Future	₹-1.04 Cr	0.42%
Bank of Baroda	Equity	₹1.04 Cr	0.42%
HDFC Asset Management Co Ltd	Equity	₹1.03 Cr	0.42%
The Phoenix Mills Ltd. 28.07.2026	Equity - Future	₹-1.03 Cr	0.42%
United Spirits Ltd	Equity	₹1.03 Cr	0.42%
Phoenix Mills Ltd	Equity	₹1.02 Cr	0.42%
Future on United Spirits Ltd	Equity - Future	₹-1.02 Cr	0.42%
Future on Bharat Electronics Ltd	Equity - Future	₹-1.01 Cr	0.41%
Bharat Electronics Ltd	Equity	₹1 Cr	0.41%
Future on Lodha Developers Ltd	Equity - Future	₹-0.96 Cr	0.39%
Lodha Developers Ltd	Equity	₹0.96 Cr	0.39%
Future on Adani Energy Solutions Ltd	Equity - Future	₹-0.91 Cr	0.37%
Adani Energy Solutions Ltd	Equity	₹0.91 Cr	0.37%
Future on Amber Enterprises India Ltd Ordinary Shares	Equity - Future	₹-0.83 Cr	0.34%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹0.83 Cr	0.34%
Future on Patanjali Foods Ltd	Equity - Future	₹-0.75 Cr	0.31%
Patanjali Foods Ltd	Equity	₹0.75 Cr	0.31%
Future on Oil & Natural Gas Corp Ltd	Equity - Future	₹-0.64 Cr	0.26%
Oil & Natural Gas Corp Ltd	Equity	₹0.63 Cr	0.26%
Future on Oil India Ltd	Equity - Future	₹-0.41 Cr	0.17%
Oil India Ltd	Equity	₹0.41 Cr	0.17%
Future on UltraTech Cement Ltd	Equity - Future	₹-0.34 Cr	0.14%
UltraTech Cement Ltd	Equity	₹0.34 Cr	0.14%
Future on Hindustan Petroleum Corp Ltd	Equity - Future	₹-0.32 Cr	0.13%
Hindustan Petroleum Corp Ltd	Equity	₹0.32 Cr	0.13%
09/07/2026 Maturing 364 DTB	Bond - Gov't/Treasury	₹0.29 Cr	0.12%
Future on Laurus Labs Ltd	Equity - Future	₹-0.26 Cr	0.11%
Laurus Labs Ltd	Equity	₹0.26 Cr	0.10%
Future on APL Apollo Tubes Ltd	Equity - Future	₹-0.25 Cr	0.10%
APL Apollo Tubes Ltd	Equity	₹0.25 Cr	0.10%
Future on AU Small Finance Bank Ltd	Equity - Future	₹-0.21 Cr	0.08%
AU Small Finance Bank Ltd	Equity	₹0.21 Cr	0.08%
Future on JSW Energy Ltd	Equity - Future	₹-0.13 Cr	0.05%
JSW Energy Ltd	Equity	₹0.13 Cr	0.05%
Future on NMDC Ltd	Equity - Future	₹-0.12 Cr	0.05%
NMDC Ltd	Equity	₹0.12 Cr	0.05%
Future on Vedanta Ltd	Equity - Future	₹-0.07 Cr	0.03%
Vedanta Ltd	Equity	₹0.06 Cr	0.03%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹60.33 Cr	24.53%
Basic Materials	₹23.41 Cr	9.52%
Consumer Cyclical	₹21.98 Cr	8.94%
Industrials	₹13.53 Cr	5.50%
Communication Services	₹12.56 Cr	5.11%
Energy	₹10.9 Cr	4.43%
Healthcare	₹10.45 Cr	4.25%
Utilities	₹8.03 Cr	3.26%
Consumer Defensive	₹7.79 Cr	3.17%
Real Estate	₹3.8 Cr	1.55%
Technology	₹3.27 Cr	1.33%

Risk & Performance Ratios

Fund Managers

Devesh Thacker

Since February 2019

Vishal Thakker

Since February 2019

Additional Scheme Detailsas of 30th June 2026

ISIN

INF582M01ES7

Expense Ratio

0.33%

Exit Load

No Charges

Fund Size

₹246 Cr

Age

7 years 4 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY 50 Arbitrage TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Arbitrage Fund Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Groww Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹92.62 Cr	-
Groww Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹92.62 Cr	-
Helios Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹146.10 Cr	-
Helios Arbitrage Fund Direct Growth Low Risk	0.5%	0.0%	₹146.10 Cr	-
Capitalmind Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹21.20 Cr	-
Capitalmind Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹21.20 Cr	-
JioBlackRock Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹559.20 Cr	-
Old Bridge Arbitrage Fund Direct Growth Low Risk	0.1%	0.0%	₹188.48 Cr	-
Old Bridge Arbitrage Fund Regular Growth Low Risk	0.8%	0.0%	₹188.48 Cr	-
The Wealth Company Arbitrage Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹131.14 Cr	-
The Wealth Company Arbitrage Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹131.14 Cr	-
TRUSTMF Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹123.25 Cr	-
TRUSTMF Arbitrage Fund Regular Growth Low Risk	0.8%	0.0%	₹123.25 Cr	-
Quant Arbitrage Fund Direct Growth Low Risk	1.6%	0.0%	₹553.39 Cr	7.5%
Quant Arbitrage Fund Regular Growth Low Risk	2.2%	0.0%	₹553.39 Cr	6.9%
f Motilal Oswal Arbitrage Fund Regular Growth Low Risk	1.2%	0.0%	₹2847.65 Cr	6.0%
f Motilal Oswal Arbitrage Fund Direct Growth Low Risk	0.1%	0.0%	₹2847.65 Cr	7.0%
Samco Arbitrage Fund Regular Growth Low Risk	7.1%	0.0%	₹30.20 Cr	3.7%
Samco Arbitrage Fund Direct Growth Low Risk	5.7%	0.0%	₹30.20 Cr	5.1%
Franklin India Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹1425.23 Cr	6.9%
Franklin India Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹1425.23 Cr	6.1%
WhiteOak Capital Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹1435.03 Cr	6.3%
WhiteOak Capital Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹1435.03 Cr	7.1%
Parag Parikh Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹2631.73 Cr	6.4%
Parag Parikh Arbitrage Fund Regular Growth Low Risk	0.5%	0.0%	₹2631.73 Cr	6.0%
Bajaj Finserv Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹1208.65 Cr	5.8%
Bajaj Finserv Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹1208.65 Cr	6.6%
SBI Arbitrage Opportunities Fund Direct Growth Low Risk	1.8%	0.0%	₹45923.07 Cr	6.5%
Bandhan Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹8188.89 Cr	5.6%
Nippon India Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹16638.21 Cr	6.6%
JM Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹382.55 Cr	6.3%
Invesco India Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹28526.49 Cr	6.8%
Kotak Equity Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹72409.42 Cr	6.6%
LIC MF Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹243.08 Cr	6.6%
LIC MF Arbitrage Fund Regular Growth Low Risk	0.8%	0.0%	₹243.08 Cr	5.9%
JM Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹382.55 Cr	5.6%
ICICI Prudential Equity Arbitrage Fund Regular Growth Low Risk	0.8%	0.0%	₹33423.34 Cr	5.9%
SBI Arbitrage Opportunities Fund Regular Growth Low Risk	2.3%	0.0%	₹45923.07 Cr	6.0%
UTI Arbitrage Fund Regular Growth Low Risk	4.4%	0.0%	₹11324.06 Cr	6.0%
NJ Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹272.83 Cr	5.5%
NJ Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹272.83 Cr	6.3%
Bandhan Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹8188.89 Cr	6.4%
Axis Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹10362.38 Cr	5.9%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹10362.38 Cr	6.6%
UTI Arbitrage Fund Direct Growth Low Risk	3.9%	0.0%	₹11324.06 Cr	6.5%
Union Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹245.94 Cr	6.3%
Union Arbitrage Fund Regular Growth Low Risk	0.7%	0.0%	₹245.94 Cr	5.7%
Aditya Birla Sun Life Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹26645.65 Cr	5.9%
Aditya Birla Sun Life Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹26645.65 Cr	6.7%
ICICI Prudential Equity Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹33423.34 Cr	6.5%

About the AMC

Union Mutual Fund

+91 022 67483333

https://www.unionmf.com/

Total AUM

₹29,266 Cr

Address

Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013

Other Funds by Union Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Arthaya Equity Long Short Fund Direct Growth Very High Risk	0.9%	1.0%	-	-
Union Consumption Fund Direct Growth Very High Risk	1.0%	1.0%	₹328.62 Cr	-
Union Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.4%	1.0%	₹192.74 Cr	-
Union Low Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹324.15 Cr	-
Union Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹64.00 Cr	4.4%
Union Gold ETF Fund of Fund Direct Growth High Risk	0.3%	1.0%	₹154.31 Cr	41.3%
Union Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹100.47 Cr	5.2%
Union Active Momentum Fund Direct Growth Very High Risk	0.9%	1.0%	₹502.90 Cr	11.0%
Union Multi Asset Allocation Fund Direct Growth Very High Risk	0.9%	1.0%	₹978.39 Cr	13.8%
Union Business Cycle Fund Direct Growth Very High Risk	1.0%	1.0%	₹519.97 Cr	6.1%
Union Children's Fund Direct Growth Very High Risk	1.1%	0.0%	₹89.83 Cr	3.0%
Union Innovation & Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1209.66 Cr	12.2%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Low Risk	-	0.0%	₹25.17 Cr	6.0%
Union Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹2267.79 Cr	17.1%
Union Hybrid Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹736.85 Cr	2.9%
Union Medium Duration Fund Direct Growth Moderate Risk	0.6%	1.0%	₹80.25 Cr	8.2%
Union Value Discovery Fund Direct Growth Very High Risk	1.1%	1.0%	₹393.65 Cr	1.3%
Union Multicap Fund Direct Growth Very High Risk	0.8%	1.0%	₹1420.10 Cr	8.4%
Union Balanced Advantage Fund Direct Growth Very High Risk	0.9%	1.0%	₹1236.69 Cr	2.1%
Union Equity Savings Fund Direct Growth Moderately High risk	1.3%	1.0%	₹141.45 Cr	3.7%
Union Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹245.94 Cr	6.3%
Union Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.2%	0.0%	₹856.82 Cr	0.8%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.1%	1.0%	₹69.51 Cr	1.3%
Union Flexi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹2375.89 Cr	1.8%
Union Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6649.97 Cr	6.4%
Union Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1846.92 Cr	9.9%
Union Gilt Fund Direct Growth Moderate Risk	0.6%	0.0%	₹88.61 Cr	1.0%
Union Largecap Fund Direct Growth Very High Risk	1.3%	1.0%	₹436.67 Cr	-1.3%
Union Retirement Fund Direct Growth Very High Risk	1.0%	0.0%	₹206.31 Cr	6.7%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.3%	1.0%	₹340.33 Cr	4.6%
Union Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹550.41 Cr	5.3%
Union Focused Fund Direct Growth Very High Risk	1.3%	1.0%	₹439.85 Cr	8.6%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹977.36 Cr	6.4%
Union Large & Midcap Fund Direct Growth Very High Risk	0.9%	1.0%	₹965.21 Cr	5.1%

Risk Level

Your principal amount will be at Low Risk

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What is the current NAV of Union Arbitrage Fund Direct Growth?

The NAV of Union Arbitrage Fund Direct Growth, as of 15-Jul-2026, is ₹15.48.

What are the returns of Union Arbitrage Fund Direct Growth?

The fund has generated 6.35% over the last 1 year and 7.32% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Union Arbitrage Fund Direct Growth?

The fund's allocation of assets is distributed as -0.39% in equities, 4.66% in bonds, and 95.72% in cash and cash equivalents.

Who manages the Union Arbitrage Fund Direct Growth?

The fund managers responsible for Union Arbitrage Fund Direct Growth are:-

Devesh Thacker
Vishal Thakker

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Union Arbitrage Fund Direct Growth

Fund Overview