Union Multi Asset Allocation Fund Direct Growth

Fund Overview

Fund Size

₹989 Cr

Expense Ratio

1.30%

ISIN

INF582M01JY4

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

10 Sep 2024

About this fund

Union Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 2 years, 1 months and 7 days, having been launched on 10-Sep-24.
As of 16-Oct-26, it has a Net Asset Value (NAV) of ₹12.16, Assets Under Management (AUM) of 988.70 Crores, and an expense ratio of 1.3%.

Union Multi Asset Allocation Fund Direct Growth has given a CAGR return of 9.77% since inception.
The fund's asset allocation comprises around 65.26% in equities, 8.63% in debts, and 10.80% in cash & cash equivalents.
You can start investing in Union Multi Asset Allocation 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

+3.75%

— (Cat Avg.)

Since Inception

+9.77%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2026

Equity	₹645.26 Cr	65.26%
Debt	₹85.35 Cr	8.63%
Others	₹258.09 Cr	26.10%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Union Gold ETF	Mutual Fund - ETF	₹115.74 Cr	11.71%
Treps	Cash - Repurchase Agreement	₹62.05 Cr	6.28%
ICICI Bank Ltd	Equity	₹44.37 Cr	4.49%
HDFC Bank Ltd	Equity	₹41.46 Cr	4.19%
ICICI Prudential Silver ETF	Mutual Fund - ETF	₹39.07 Cr	3.95%
Bharti Airtel Ltd	Equity	₹26.35 Cr	2.67%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹24.58 Cr	2.49%
Rec Limited	Bond - Corporate Bond	₹24.34 Cr	2.46%
Axis Bank Ltd	Equity	₹24.32 Cr	2.46%
Canara Bank	Cash - CD/Time Deposit	₹24.27 Cr	2.45%
Power Finance Corporation Limited	Bond - Corporate Bond	₹24.14 Cr	2.44%
Reliance Industries Ltd	Equity	₹24.1 Cr	2.44%
State Bank of India	Equity	₹23.12 Cr	2.34%
Cash Offset For Derivatives	Cash - General Offset	₹17.3 Cr	1.75%
Bajaj Finance Ltd	Equity	₹16.6 Cr	1.68%
Larsen & Toubro Ltd	Equity	₹15.19 Cr	1.54%
Kotak Mahindra Bank Ltd	Equity	₹14.8 Cr	1.50%
Engineers India Ltd	Equity	₹13 Cr	1.32%
Infosys Ltd	Equity	₹12.72 Cr	1.29%
Eternal Ltd	Equity	₹11.42 Cr	1.16%
Gabriel India Ltd	Equity	₹11.41 Cr	1.15%
Maruti Suzuki India Ltd	Equity	₹10.95 Cr	1.11%
Kirloskar Oil Engines Ltd	Equity	₹10.67 Cr	1.08%
Clean Max Enviro Energy Solutions Ltd	Equity	₹10.55 Cr	1.07%
LG Electronics India Ltd	Equity	₹10.51 Cr	1.06%
Karur Vysya Bank Ltd	Equity	₹10.13 Cr	1.02%
Dhoot Transmission Ltd	Equity	₹9.81 Cr	0.99%
Dr. Lal PathLabs Ltd	Equity	₹9.65 Cr	0.98%
Power Finance Corporation Limited	Bond - Corporate Bond	₹9.45 Cr	0.96%
Inventurus Knowledge Solutions Ltd	Equity	₹9.09 Cr	0.92%
Tata Motors Ltd	Equity	₹8.92 Cr	0.90%
Divi's Laboratories Ltd	Equity	₹8.83 Cr	0.89%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹8.68 Cr	0.88%
Tata Consumer Products Ltd	Equity	₹8.64 Cr	0.87%
Ather Energy Ltd	Equity	₹8.3 Cr	0.84%
ICICI Prudential Asset Management Co Ltd	Equity	₹8.16 Cr	0.82%
Ajanta Pharma Ltd	Equity	₹8.13 Cr	0.82%
Shadowfax Technologies Ltd	Equity	₹8.09 Cr	0.82%
JSW Infrastructure Ltd	Equity	₹7.85 Cr	0.79%
UltraTech Cement Ltd	Equity	₹7.12 Cr	0.72%
NTPC Ltd	Equity	₹6.68 Cr	0.68%
GE Vernova T&D India Ltd	Equity	₹6.68 Cr	0.68%
KRN Heat Exchanger and Refrigeration Ltd	Equity	₹6.61 Cr	0.67%
CG Power & Industrial Solutions Ltd	Equity	₹6.49 Cr	0.66%
JSW Energy Ltd	Equity	₹6.03 Cr	0.61%
GlaxoSmithKline Pharmaceuticals Ltd	Equity	₹5.97 Cr	0.60%
Solar Industries India Ltd	Equity	₹5.91 Cr	0.60%
Trent Ltd	Equity	₹5.9 Cr	0.60%
Shriram Finance Ltd	Equity	₹5.9 Cr	0.60%
Billionbrains Garage Ventures Ltd	Equity	₹5.89 Cr	0.60%
One97 Communications Ltd	Equity	₹5.87 Cr	0.59%
Aarti Industries Ltd	Equity	₹5.85 Cr	0.59%
Oil India Ltd	Equity	₹5.83 Cr	0.59%
HDFC Life Insurance Co Ltd	Equity	₹5.79 Cr	0.59%
Cemindia Projects Ltd	Equity	₹5.72 Cr	0.58%
FSN E-Commerce Ventures Ltd	Equity	₹5.57 Cr	0.56%
Tata Consultancy Services Ltd	Equity	₹5.54 Cr	0.56%
Phoenix Mills Ltd	Equity	₹5.51 Cr	0.56%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹5.5 Cr	0.56%
Godrej Properties Ltd	Equity	₹5.24 Cr	0.53%
Bharat Heavy Electricals Ltd	Equity	₹5.19 Cr	0.53%
Manipal Health Enterprises Ltd	Equity	₹5.16 Cr	0.52%
Shiprocket Ltd	Equity	₹5.12 Cr	0.52%
RBL Bank Ltd	Equity	₹5.12 Cr	0.52%
Delhivery Ltd	Equity	₹5.12 Cr	0.52%
Ujjivan Small Finance Bank Ltd Ordinary Shares	Equity	₹5.06 Cr	0.51%
Bharat Electronics Ltd	Equity	₹5.05 Cr	0.51%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹5.03 Cr	0.51%
Future on Bharti Airtel Ltd	Equity - Future	₹-4.89 Cr	0.49%
Future on Larsen & Toubro Ltd	Equity - Future	₹-4.89 Cr	0.49%
Titan Co Ltd	Equity	₹4.83 Cr	0.49%
Gokaldas Exports Ltd	Equity	₹4.78 Cr	0.48%
E2E Networks Ltd Ordinary Shares	Equity	₹4.55 Cr	0.46%
Cyient Ltd	Equity	₹4.4 Cr	0.45%
Hindustan Unilever Ltd	Equity	₹4.36 Cr	0.44%
Oil & Natural Gas Corp Ltd	Equity	₹4.09 Cr	0.41%
Pidilite Industries Ltd	Equity	₹3.81 Cr	0.39%
Future on Patanjali Foods Ltd	Equity - Future	₹-3.68 Cr	0.37%
Patanjali Foods Ltd	Equity	₹3.67 Cr	0.37%
Sai Life Sciences Ltd	Equity	₹3.3 Cr	0.33%
Sun Pharmaceuticals Industries Ltd	Equity	₹3.27 Cr	0.33%
LTM Ltd	Equity	₹3.24 Cr	0.33%
Net Receivable / Payable	Cash - Collateral	₹-3.14 Cr	0.32%
Greenply Industries Ltd	Equity	₹3.06 Cr	0.31%
National Stock Exchange of India Ltd	Equity	₹2.9 Cr	0.29%
91 Day Treasury Bills	Bond - Gov't/Treasury	₹2.83 Cr	0.29%
India (Republic of)	Bond - Short-term Government Bills	₹2.8 Cr	0.28%
HCL Technologies Ltd	Equity	₹2.77 Cr	0.28%
Jindal Steel Ltd	Equity	₹2.44 Cr	0.25%
Future on ICICI Bank Ltd	Equity - Future	₹-1.95 Cr	0.20%
Future on Oil & Natural Gas Corp Ltd	Equity - Future	₹-1.88 Cr	0.19%
Varun Beverages Ltd	Equity	₹1.78 Cr	0.18%
Wockhardt Ltd	Equity	₹1.71 Cr	0.17%
Persistent Systems Ltd	Equity	₹1.32 Cr	0.13%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹218.64 Cr	22.11%
Consumer Cyclical	₹96.05 Cr	9.72%
Industrials	₹93.45 Cr	9.45%
Technology	₹58.26 Cr	5.89%
Healthcare	₹55.1 Cr	5.57%
Energy	₹34.03 Cr	3.44%
Basic Materials	₹28.19 Cr	2.85%
Communication Services	₹26.35 Cr	2.67%
Utilities	₹23.26 Cr	2.35%
Consumer Defensive	₹18.45 Cr	1.87%
Real Estate	₹10.76 Cr	1.09%

Risk & Performance Ratios

Fund Managers

Anindya Sarkar

Since September 2024

Sanjay Bembalkar

Since September 2024

Vinod Malviya

Since November 2024

Additional Scheme Detailsas of 30th September 2026

ISIN

INF582M01JY4

Expense Ratio

1.30%

Exit Load

1.00%

Fund Size

₹989 Cr

Age

2 years 1 month

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 50 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 Multi Asset Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ITI Multi Asset Allocation Fund Regular Growth High Risk	-	0.0%	₹144.42 Cr	-
ITI Multi Asset Allocation Fund Direct Growth High Risk	-	0.0%	₹144.42 Cr	-
AlphaGrep Multi Asset Allocation Fund Direct Growth High Risk	1.6%	1.0%	₹116.33 Cr	-
AlphaGrep Multi Asset Allocation Fund Regular Growth High Risk	3.4%	1.0%	₹116.33 Cr	-
JM Multi Asset Allocation Fund Regular Growth Very High Risk	4.4%	1.0%	₹167.15 Cr	-
JM Multi Asset Allocation Fund Direct Growth Very High Risk	2.7%	1.0%	₹167.15 Cr	-
Capitalmind Multi Asset Allocation Fund Direct Growth Very High Risk	1.0%	0.0%	₹36.84 Cr	-
Capitalmind Multi Asset Allocation Fund Regular Growth Very High Risk	2.5%	0.0%	₹36.84 Cr	-
The Wealth Company Multi Asset Allocation Fund Regular Growth Very High Risk	2.9%	1.0%	₹211.67 Cr	-
The Wealth Company Multi Asset Allocation Fund Direct Growth Very High Risk	1.3%	1.0%	₹211.67 Cr	-
PGIM India Multi Asset Allocation Fund Direct Growth Very High Risk	0.8%	0.0%	₹323.57 Cr	-
PGIM India Multi Asset Allocation Fund Regular Growth Very High Risk	2.5%	0.0%	₹323.57 Cr	-
360 ONE Multi Asset Allocation Fund Regular Growth High Risk	2.0%	1.0%	₹520.76 Cr	7.2%
360 ONE Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹520.76 Cr	8.9%
Franklin India Multi Asset Allocation Fund Regular Growth Very High Risk	2.0%	0.0%	₹2766.61 Cr	0.1%
Franklin India Multi Asset Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹2766.61 Cr	1.7%
Canara Robeco Multi Asset Allocation Fund Direct Growth Very High Risk	0.9%	1.0%	₹1368.77 Cr	3.5%
Canara Robeco Multi Asset Allocation Fund Regular Growth Very High Risk	2.4%	1.0%	₹1368.77 Cr	2.0%
LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk	1.1%	1.0%	₹965.75 Cr	-0.7%
LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk	2.4%	1.0%	₹965.75 Cr	-2.0%
Samco Multi Asset Allocation Fund Direct Growth Very High Risk	2.7%	1.0%	₹379.59 Cr	-0.2%
Samco Multi Asset Allocation Fund Regular Growth Very High Risk	4.2%	1.0%	₹379.59 Cr	-1.8%
Invesco India Multi Asset Allocation Fund Regular Growth Very High Risk	1.7%	1.0%	₹1212.79 Cr	4.6%
Invesco India Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	1.0%	₹1212.79 Cr	5.8%
Union Multi Asset Allocation Fund Regular Growth Very High Risk	2.4%	1.0%	₹988.70 Cr	2.6%
Union Multi Asset Allocation Fund Direct Growth Very High Risk	1.3%	1.0%	₹988.70 Cr	3.8%
Bajaj Finserv Multi Asset Allocation Fund Direct Growth Very High Risk	0.7%	1.0%	₹1913.03 Cr	2.3%
Bajaj Finserv Multi Asset Allocation Fund Regular Growth Very High Risk	2.2%	1.0%	₹1913.03 Cr	0.8%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth Very High Risk	0.6%	0.0%	₹1214.04 Cr	5.4%
Mahindra Manulife Multi Asset Allocation Fund Regular Growth Very High Risk	1.9%	0.0%	₹1214.04 Cr	3.8%
Quantum Multi Asset Allocation Fund Regular Growth Very High Risk	2.0%	1.0%	₹54.33 Cr	-3.3%
Quantum Multi Asset Allocation Fund Direct Growth Very High Risk	0.4%	1.0%	₹54.33 Cr	-1.8%
HSBC Multi Asset Allocation Fund Direct Growth Moderate Risk	1.0%	1.0%	₹3140.77 Cr	4.2%
HSBC Multi Asset Allocation Fund Regular Growth Moderate Risk	2.3%	1.0%	₹3140.77 Cr	2.9%
Bank of India Multi Asset Allocation Fund Regular Growth Very High Risk	2.2%	1.0%	₹368.88 Cr	5.2%
Bank of India Multi Asset Allocation Fund Direct Growth Very High Risk	1.1%	1.0%	₹368.88 Cr	6.4%
Mirae Asset Multi Asset Allocation Fund Regular Growth High Risk	2.1%	1.0%	₹3607.46 Cr	3.9%
Mirae Asset Multi Asset Allocation Fund Direct Growth High Risk	0.6%	1.0%	₹3607.46 Cr	5.5%
Bandhan Multi Asset Allocation Fund Regular Growth Very High Risk	2.1%	0.0%	₹3684.26 Cr	6.0%
Bandhan Multi Asset Allocation Fund Direct Growth Very High Risk	0.8%	0.0%	₹3684.26 Cr	7.5%
Sundaram Multi Asset Allocation Fund Direct Growth Very High Risk	0.8%	1.0%	₹3204.67 Cr	-1.9%
Sundaram Multi Asset Allocation Fund Regular Growth Very High Risk	2.1%	1.0%	₹3204.67 Cr	-3.3%
DSP Multi Asset Allocation Fund Regular Growth Very High Risk	1.6%	1.0%	₹10819.82 Cr	5.1%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.6%	1.0%	₹10819.82 Cr	6.3%
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.6%	1.0%	₹15235.76 Cr	5.3%
Kotak Multi Asset Allocation Fund Regular Growth High Risk	1.7%	1.0%	₹15235.76 Cr	4.1%
Shriram Multi Asset Allocation Fund Direct Growth Very High Risk	0.6%	1.0%	₹139.56 Cr	1.9%
Shriram Multi Asset Allocation Fund Regular Growth Very High Risk	2.5%	1.0%	₹139.56 Cr	0.2%
Baroda BNP Paribas Multi Asset Fund Regular Growth High Risk	1.9%	1.0%	₹1397.92 Cr	-0.2%
Baroda BNP Paribas Multi Asset Fund Direct Growth High Risk	0.9%	1.0%	₹1397.92 Cr	0.9%

About the AMC

Union Mutual Fund

+91 022 67483333

https://www.unionmf.com/

Total AUM

₹29,179 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	4.0%	1.0%	₹132.53 Cr	-
Union Consumption Fund Direct Growth Very High Risk	1.5%	1.0%	₹314.47 Cr	-
Union Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.5%	1.0%	₹194.74 Cr	5.8%
Union Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹228.42 Cr	5.5%
Union Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹55.11 Cr	3.7%
Union Gold ETF Fund of Fund Direct Growth High Risk	0.3%	1.0%	₹173.64 Cr	14.0%
Union Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹110.78 Cr	4.1%
Union Active Momentum Fund Direct Growth Very High Risk	2.5%	1.0%	₹542.54 Cr	14.5%
Union Multi Asset Allocation Fund Direct Growth Very High Risk	1.3%	1.0%	₹988.70 Cr	3.8%
Union Business Cycle Fund Direct Growth Very High Risk	1.9%	1.0%	₹485.08 Cr	-
Union Children's Fund Direct Growth Very High Risk	1.5%	0.0%	₹90.69 Cr	-2.0%
Union Innovation & Opportunities Fund Direct Growth Very High Risk	1.0%	1.0%	₹1306.52 Cr	6.0%
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	1.1%	1.0%	₹2731.92 Cr	17.9%
Union Hybrid Equity Fund Direct Growth Very High Risk	1.7%	1.0%	₹727.42 Cr	0.1%
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	1.6%	1.0%	₹377.80 Cr	-2.1%
Union Multicap Fund Direct Growth Very High Risk	1.4%	1.0%	₹1515.85 Cr	5.6%
Union Balanced Advantage Fund Direct Growth Very High Risk	1.5%	1.0%	₹1157.75 Cr	-1.4%
Union Equity Savings Fund Direct Growth Moderately High risk	2.1%	1.0%	₹113.60 Cr	1.9%
Union Arbitrage Fund Direct Growth Low Risk	1.5%	0.0%	₹219.69 Cr	6.7%
Union Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.7%	0.0%	₹821.19 Cr	-4.0%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.3%	1.0%	₹62.00 Cr	-0.9%
Union Flexi Cap Fund Direct Growth Very High Risk	1.6%	1.0%	₹2319.74 Cr	-1.2%
Union Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹5014.29 Cr	6.5%
Union Midcap Fund Direct Growth Very High Risk	1.1%	1.0%	₹1905.76 Cr	3.2%
Union Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹74.68 Cr	-1.7%
Union Largecap Fund Direct Growth Very High Risk	1.7%	1.0%	₹407.90 Cr	-7.4%
Union Retirement Fund Direct Growth Very High Risk	1.4%	0.0%	₹206.52 Cr	0.2%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.4%	1.0%	₹284.04 Cr	3.0%
Union Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹656.92 Cr	5.3%
Union Focused Fund Direct Growth Very High Risk	1.6%	1.0%	₹432.72 Cr	3.5%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1120.46 Cr	6.7%
Union Large & Midcap Fund Direct Growth Very High Risk	1.3%	1.0%	₹968.79 Cr	0.5%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Union Multi Asset Allocation Fund Direct Growth?

The NAV of Union Multi Asset Allocation Fund Direct Growth, as of 16-Oct-2026, is ₹12.16.

What is the portfolio composition of Union Multi Asset Allocation Fund Direct Growth?

The fund's allocation of assets is distributed as 65.26% in equities, 8.63% in bonds, and 10.80% in cash and cash equivalents.

Who manages the Union Multi Asset Allocation Fund Direct Growth?

The fund managers responsible for Union Multi Asset Allocation Fund Direct Growth are:-

Anindya Sarkar
Sanjay Bembalkar
Vinod Malviya

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Union Multi Asset Allocation Fund Direct Growth

Fund Overview