Union Retirement Fund Direct Growth

Fund Overview

Fund Size

₹192 Cr

Expense Ratio

1.13%

ISIN

INF582M01IK5

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

22 Sep 2022

About this fund

Union Retirement Fund Direct Growth is a Retirement mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 3 years, 3 months and 25 days, having been launched on 22-Sep-22.
As of 14-Jan-26, it has a Net Asset Value (NAV) of ₹16.67, Assets Under Management (AUM) of 191.83 Crores, and an expense ratio of 1.13%.

Union Retirement Fund Direct Growth has given a CAGR return of 16.68% since inception.
The fund's asset allocation comprises around 98.28% in equities, 0.08% in debts, and 1.63% in cash & cash equivalents.
You can start investing in Union Retirement 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

+11.43%

— (Cat Avg.)

3 Years

+18.85%

— (Cat Avg.)

Since Inception

+16.68%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2025

Equity	₹188.53 Cr	98.28%
Debt	₹0.15 Cr	0.08%
Others	₹3.13 Cr	1.63%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹12.71 Cr	6.62%
ICICI Bank Ltd	Equity	₹11.35 Cr	5.92%
Reliance Industries Ltd	Equity	₹5.73 Cr	2.99%
State Bank of India	Equity	₹5.3 Cr	2.76%
Infosys Ltd	Equity	₹5.09 Cr	2.65%
Multi Commodity Exchange of India Ltd	Equity	₹4.45 Cr	2.32%
Tata Consumer Products Ltd	Equity	₹4.41 Cr	2.30%
Larsen & Toubro Ltd	Equity	₹4.08 Cr	2.13%
Muthoot Finance Ltd	Equity	₹3.81 Cr	1.99%
Bharat Electronics Ltd	Equity	₹3.8 Cr	1.98%
Bharti Airtel Ltd	Equity	₹3.58 Cr	1.87%
Mphasis Ltd	Equity	₹3.57 Cr	1.86%
Treps	Cash - Repurchase Agreement	₹3.57 Cr	1.86%
Acutaas Chemicals Ltd	Equity	₹3.41 Cr	1.78%
Mahindra & Mahindra Ltd	Equity	₹3.15 Cr	1.64%
SJS Enterprises Ltd	Equity	₹3.06 Cr	1.59%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹2.98 Cr	1.55%
Solar Industries India Ltd	Equity	₹2.94 Cr	1.53%
Max Financial Services Ltd	Equity	₹2.93 Cr	1.53%
Karur Vysya Bank Ltd	Equity	₹2.88 Cr	1.50%
Maruti Suzuki India Ltd	Equity	₹2.84 Cr	1.48%
Phoenix Mills Ltd	Equity	₹2.69 Cr	1.40%
Jio Financial Services Ltd	Equity	₹2.68 Cr	1.40%
Navin Fluorine International Ltd	Equity	₹2.66 Cr	1.39%
GE Vernova T&D India Ltd	Equity	₹2.66 Cr	1.39%
KFin Technologies Ltd	Equity	₹2.49 Cr	1.30%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹2.48 Cr	1.29%
Eureka Forbes Ltd	Equity	₹2.48 Cr	1.29%
Jyoti CNC Automation Ltd	Equity	₹2.42 Cr	1.26%
360 One Wam Ltd Ordinary Shares	Equity	₹2.38 Cr	1.24%
JK Cement Ltd	Equity	₹2.38 Cr	1.24%
Hexaware Technologies Ltd Ordinary Shares	Equity	₹2.3 Cr	1.20%
Gabriel India Ltd	Equity	₹2.17 Cr	1.13%
HDFC Asset Management Co Ltd	Equity	₹2.16 Cr	1.13%
Azad Engineering Ltd	Equity	₹2.15 Cr	1.12%
Torrent Pharmaceuticals Ltd	Equity	₹2.14 Cr	1.11%
UltraTech Cement Ltd	Equity	₹2.09 Cr	1.09%
CG Power & Industrial Solutions Ltd	Equity	₹2.01 Cr	1.05%
Titan Co Ltd	Equity	₹1.99 Cr	1.03%
HCL Technologies Ltd	Equity	₹1.95 Cr	1.02%
Home First Finance Co India Ltd ---	Equity	₹1.93 Cr	1.01%
UNO Minda Ltd	Equity	₹1.93 Cr	1.01%
Cummins India Ltd	Equity	₹1.91 Cr	0.99%
TVS Motor Co Ltd	Equity	₹1.9 Cr	0.99%
DOMS Industries Ltd	Equity	₹1.87 Cr	0.98%
Ujjivan Small Finance Bank Ltd Ordinary Shares	Equity	₹1.85 Cr	0.97%
Ajanta Pharma Ltd	Equity	₹1.83 Cr	0.95%
ITC Ltd	Equity	₹1.77 Cr	0.92%
Info Edge (India) Ltd	Equity	₹1.73 Cr	0.90%
Sun Pharmaceuticals Industries Ltd	Equity	₹1.72 Cr	0.90%
Trent Ltd	Equity	₹1.71 Cr	0.89%
Cholamandalam Investment and Finance Co Ltd	Equity	₹1.7 Cr	0.89%
Kirloskar Oil Engines Ltd	Equity	₹1.67 Cr	0.87%
Blue Star Ltd	Equity	₹1.66 Cr	0.87%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹1.66 Cr	0.87%
Shriram Finance Ltd	Equity	₹1.59 Cr	0.83%
Bajaj Finance Ltd	Equity	₹1.53 Cr	0.80%
Hindalco Industries Ltd	Equity	₹1.51 Cr	0.79%
Oil India Ltd	Equity	₹1.49 Cr	0.77%
Dixon Technologies (India) Ltd	Equity	₹1.45 Cr	0.76%
JSW Energy Ltd	Equity	₹1.45 Cr	0.75%
Jubilant Foodworks Ltd	Equity	₹1.34 Cr	0.70%
JSW Steel Ltd	Equity	₹1.28 Cr	0.67%
Tata Steel Ltd	Equity	₹1.28 Cr	0.67%
Eternal Ltd	Equity	₹1.25 Cr	0.65%
Hindustan Petroleum Corp Ltd	Equity	₹1.2 Cr	0.62%
KEI Industries Ltd	Equity	₹1.12 Cr	0.58%
Tech Mahindra Ltd	Equity	₹1.11 Cr	0.58%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹1.11 Cr	0.58%
ELANTAS Beck India Ltd	Equity	₹1.06 Cr	0.55%
Lupin Ltd	Equity	₹1.05 Cr	0.55%
KSB Ltd	Equity	₹0.94 Cr	0.49%
Data Patterns (India) Ltd	Equity	₹0.92 Cr	0.48%
Godrej Consumer Products Ltd	Equity	₹0.88 Cr	0.46%
Hero MotoCorp Ltd	Equity	₹0.87 Cr	0.45%
NTPC Ltd	Equity	₹0.82 Cr	0.43%
Net Receivable / Payable	Cash - Collateral	₹-0.44 Cr	0.23%
India (Republic of)	Bond - Short-term Government Bills	₹0.15 Cr	0.08%
ITC Hotels Ltd	Equity	₹0.09 Cr	0.05%
Tvs Motor Company Limited	Preferred Stock	₹0.02 Cr	0.01%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹59.27 Cr	30.90%
Consumer Cyclical	₹29.4 Cr	15.33%
Industrials	₹27.21 Cr	14.18%
Technology	₹19.08 Cr	9.94%
Basic Materials	₹18.61 Cr	9.70%
Healthcare	₹9.22 Cr	4.80%
Energy	₹8.41 Cr	4.39%
Consumer Defensive	₹7.06 Cr	3.68%
Communication Services	₹5.31 Cr	2.77%
Real Estate	₹2.69 Cr	1.40%
Utilities	₹2.27 Cr	1.18%

Risk & Performance Ratios

Fund Managers

Pratik Dharmshi

Since December 2024

Pratit Vajani

Since July 2025

Additional Scheme Detailsas of 31st December 2025

ISIN

INF582M01IK5

Expense Ratio

1.13%

Exit Load

No Charges

Fund Size

₹192 Cr

Age

3 years 3 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

BSE 500 India 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 Retirement Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Baroda BNP Paribas Retirement Fund Regular Growth Very High Risk	2.4%	0.0%	₹400.74 Cr	8.3%
Baroda BNP Paribas Retirement Fund Direct Growth Very High Risk	1.2%	0.0%	₹400.74 Cr	10.0%
PGIM India Retirement Fund Direct Growth Very High Risk	0.7%	0.0%	₹96.45 Cr	6.6%
PGIM India Retirement Fund Regular Growth Very High Risk	2.3%	0.0%	₹96.45 Cr	4.9%
Bandhan Retirement Fund Regular Growth Moderately High risk	2.4%	0.0%	₹187.52 Cr	8.1%
Bandhan Retirement Fund Direct Growth Moderately High risk	0.7%	0.0%	₹187.52 Cr	9.9%
Nippon India Retirement Fund - Income Generation Scheme Direct Growth Moderately High risk	1.0%	0.0%	₹148.78 Cr	5.3%
Nippon India Retirement Fund - Income Generation Scheme Regular Growth Moderately High risk	2.1%	0.0%	₹148.78 Cr	4.1%
Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth Very High Risk	1.9%	0.0%	₹3194.00 Cr	4.9%
Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth Very High Risk	1.0%	0.0%	₹3194.00 Cr	5.9%
ICICI Prudential Retirement Fund Pure Debt Plan Regular Growth Moderately High risk	2.2%	0.0%	₹91.00 Cr	5.6%
ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct Growth Very High Risk	0.7%	0.0%	₹1082.38 Cr	18.4%
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth Very High Risk	0.7%	0.0%	₹1642.46 Cr	20.4%
ICICI Prudential Retirement Fund Hybrid Aggressive Plan Regular Growth Very High Risk	2.1%	0.0%	₹1082.38 Cr	16.8%
ICICI Prudential Retirement Fund Hybrid Conservative Plan Direct Growth Moderately High risk	0.9%	0.0%	₹90.02 Cr	12.1%
ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth Moderately High risk	1.2%	0.0%	₹91.00 Cr	6.5%
ICICI Prudential Retirement Fund Pure Equity Plan Regular Growth Very High Risk	2.0%	0.0%	₹1642.46 Cr	18.8%
ICICI Prudential Retirement Fund Hybrid Conservative Plan Regular Growth Moderately High risk	2.1%	0.0%	₹90.02 Cr	10.7%
Tata Retirement Savings Moderate Fund Direct Growth Very High Risk	0.6%	1.0%	₹2165.77 Cr	6.0%
Tata Retirement Savings Conservative Fund Direct Growth Moderately High risk	1.0%	1.0%	₹172.98 Cr	6.0%
Tata Retirement Savings Progressive Fund Direct Growth Very High Risk	0.5%	1.0%	₹2107.80 Cr	3.9%
Franklin India Pension Plan Direct Growth Moderately High risk	1.5%	3.0%	₹517.39 Cr	6.1%
SBI Retirement Benefit Fund - Aggressive Plan Regular Growth Very High Risk	1.9%	0.0%	₹3161.99 Cr	6.6%
SBI Retirement Benefit Fund - Aggressive Plan Direct Growth Very High Risk	0.9%	0.0%	₹3161.99 Cr	7.8%
SBI Retirement Benefit Fund - Conservative Plan Regular Growth Moderately High risk	1.4%	0.0%	₹174.34 Cr	5.5%
SBI Retirement Benefit Fund - Aggressive Hybrid Plan Direct Growth Very High Risk	1.1%	0.0%	₹1696.70 Cr	9.7%
SBI Retirement Benefit Fund - Conservative Plan Direct Growth Moderately High risk	0.9%	0.0%	₹174.34 Cr	6.0%
SBI Retirement Benefit Fund - Aggressive Hybrid Plan Regular Growth Very High Risk	2.1%	0.0%	₹1696.70 Cr	8.6%
Aditya Birla Sun Life Retirement Fund - The 30s Plan Direct Growth Very High Risk	1.2%	0.0%	₹431.14 Cr	14.0%
Aditya Birla Sun Life Retirement Fund - The 30s Plan Regular Growth Very High Risk	2.4%	0.0%	₹431.14 Cr	12.6%
Aditya Birla Sun Life Retirement Fund - The 50s Plus - Debt Plan Direct Growth Moderate Risk	0.8%	0.0%	₹16.75 Cr	5.9%
Aditya Birla Sun Life Retirement Fund - The 40s Plan Direct Growth Very High Risk	1.0%	0.0%	₹115.62 Cr	9.7%
Aditya Birla Sun Life Retirement Fund - The 40s Plan Regular Growth Very High Risk	2.4%	0.0%	₹115.62 Cr	8.2%
Aditya Birla Sun Life Retirement Fund - The 50s Plus - Debt Plan Regular Growth Moderate Risk	2.1%	0.0%	₹16.75 Cr	4.8%
Aditya Birla Sun Life Retirement Fund - The 50s Plan Direct Growth Moderate Risk	0.6%	0.0%	₹26.49 Cr	8.2%
Aditya Birla Sun Life Retirement Fund - The 50s Plan Regular Growth Moderate Risk	1.9%	0.0%	₹26.49 Cr	6.8%
SBI Retirement Benefit Fund - Conservative Hybrid Plan Regular Growth Moderately High risk	1.7%	0.0%	₹284.45 Cr	5.6%
SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct Growth Moderately High risk	1.2%	0.0%	₹284.45 Cr	6.2%
Union Retirement Fund Regular Growth Very High Risk	2.4%	0.0%	₹191.83 Cr	10.0%
Union Retirement Fund Direct Growth Very High Risk	1.1%	0.0%	₹191.83 Cr	11.4%
Franklin India Pension Plan Regular Growth Moderately High risk	2.3%	3.0%	₹517.39 Cr	5.3%
Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk	2.1%	0.0%	₹53.22 Cr	5.4%
Axis Retirement Savings Fund - Dynamic Plan Direct Growth High Risk	1.2%	0.0%	₹306.43 Cr	4.6%
Axis Retirement Savings Fund - Dynamic Plan Regular Growth High Risk	2.4%	0.0%	₹306.43 Cr	3.4%
Axis Retirement Savings Fund - Aggressive Plan Direct Growth High Risk	1.1%	0.0%	₹755.92 Cr	7.3%
Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk	1.2%	0.0%	₹53.22 Cr	6.6%
Axis Retirement Savings Fund - Aggressive Plan Regular Growth High Risk	2.3%	0.0%	₹755.92 Cr	6.0%
Tata Retirement Savings Progressive Fund Regular Growth Very High Risk	2.0%	1.0%	₹2107.80 Cr	2.4%
Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk	2.2%	1.0%	₹172.98 Cr	4.8%
Tata Retirement Savings Moderate Fund Regular Growth Very High Risk	2.0%	1.0%	₹2165.77 Cr	4.5%

About the AMC

Union Mutual Fund

+91 022 67483333

https://www.unionmf.com/

Total AUM

₹27,055 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
Union Consumption Fund Direct Growth Very High Risk	-	1.0%	-	-
Union Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.5%	1.0%	₹197.84 Cr	-
Union Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1000.26 Cr	-
Union Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹102.84 Cr	-
Union Gold ETF Fund of Fund Direct Growth High Risk	0.3%	1.0%	₹121.00 Cr	-
Union Short Duration Fund Direct Growth Low Risk	0.3%	0.0%	₹345.11 Cr	-
Union Active Momentum Fund Direct Growth Very High Risk	1.0%	1.0%	₹457.35 Cr	-6.4%
Union Multi Asset Allocation Fund Direct Growth Very High Risk	1.0%	1.0%	₹807.88 Cr	24.7%
Union Business Cycle Fund Direct Growth Very High Risk	1.4%	1.0%	₹537.13 Cr	8.5%
Union Children's Fund Direct Growth Very High Risk	1.3%	0.0%	₹80.85 Cr	9.3%
Union Innovation & Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1113.56 Cr	3.0%
Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Low Risk	-	0.0%	₹25.17 Cr	6.9%
Union Small Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹1743.98 Cr	2.6%
Union Hybrid Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹692.42 Cr	9.1%
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	1.3%	1.0%	₹369.58 Cr	10.9%
Union Multicap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1322.01 Cr	9.0%
Union Balanced Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1370.71 Cr	8.3%
Union Equity Savings Fund Direct Growth Moderate Risk	1.5%	1.0%	₹146.54 Cr	6.1%
Union Arbitrage Fund Direct Growth Low Risk	0.5%	0.0%	₹273.03 Cr	6.6%
Union Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.4%	0.0%	₹921.50 Cr	8.5%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.3%	1.0%	₹102.69 Cr	4.0%
Union Flexi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2412.28 Cr	8.1%
Union Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6684.74 Cr	6.5%
Union Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1633.88 Cr	10.3%
Union Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹106.56 Cr	3.1%
Union Largecap Fund Direct Growth Very High Risk	1.6%	1.0%	₹478.93 Cr	8.3%
Union Retirement Fund Direct Growth Very High Risk	1.1%	0.0%	₹191.83 Cr	11.4%
Union Corporate Bond Fund Direct Growth Moderate Risk	0.4%	1.0%	₹607.13 Cr	7.7%
Union Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹690.27 Cr	5.8%
Union Focused Fund Direct Growth Very High Risk	1.5%	1.0%	₹411.71 Cr	3.3%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹153.34 Cr	7.2%
Union Large & Midcap Fund Direct Growth Very High Risk	0.9%	1.0%	₹943.23 Cr	8.6%

Risk Level

Your principal amount will be at Very High Risk

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

The NAV of Union Retirement Fund Direct Growth, as of 14-Jan-2026, is ₹16.67.

What are the returns of Union Retirement Fund Direct Growth?

The fund has generated 11.43% over the last 1 year and 18.85% 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 Retirement Fund Direct Growth?

The fund's allocation of assets is distributed as 98.28% in equities, 0.08% in bonds, and 1.63% in cash and cash equivalents.

Who manages the Union Retirement Fund Direct Growth?

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

Pratik Dharmshi
Pratit Vajani

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 Retirement Fund Direct Growth

Fund Overview