Union Innovation & Opportunities Fund

Union Mutual Fund

Equity › Sectoral/Thematic Direct plan IDCW SEBI riskometer: Very High Risk; Note: The product labell

₹15.0100

-0.2200 (-1.44%)

NAV on 1 Oct 2026

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NAV history

Compare with NIFTY 500 TRI

When comparing, both lines start at 100. Tradinity's reference for the category: a total-return index (dividends reinvested). The fund's declared benchmark (Nifty 500 Index (TRI); Nifty Benchmark Disclaimer: The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE Indices Limited (Formerly Indian Index Services & Produ) is not available to us as a series.

Returns

This is an IDCW (dividend) option: it pays cash out of its NAV, so returns computed from the NAV alone would understate what an investor earned. See the Growth option of the same plan for performance.

What if you had invested?

Computed from this fund's actual NAVs. A SIP buys at the first NAV of each month and is valued at the latest NAV. Past returns do not guarantee future ones.

Fund details

Fund houseUnion Mutual Fund

AMFI scheme code151904

CategoryEquity › Sectoral/Thematic

AMFI categoryOpen Ended Schemes(Equity Scheme - Sectoral/ Thematic)

Plan / optionDirect / IDCW

ISININF582M01JF3

NAV history from13 Sep 2023

NAV points on record748

Cost and size

Expense ratio (direct, Sep 2026)

1.00%

Assets under management

₹0 crore

average, September-2026

Regular plan expense ratio

2.36%

Expense ratio by month: Oct 25 0.73% · Nov 25 0.72% · Dec 25 0.81% · Jan 26 0.84% · Feb 26 0.84% · Mar 26 0.87% · Apr 26 0.80% · May 26 0.83% · Jun 26 0.96% · Jul 26 1.01% · Aug 26 0.99% · Sep 26 1.00%

From the scheme information document

Benchmark: Nifty 500 Index (TRI); Nifty Benchmark Disclaimer: The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE Indices Limited (Formerly Indian Index Services & Produ
Not applicable
SEBI riskometer: Very High Risk; Note: The product labell
Launch (allotment) date: 6 Sep 2023
Registrar: Computer Age Management Services Limited (CAMS)
Minimum investment: 1000
Minimum additional: 1000
SIP: SIP - Rs. 100 for daily SIP, Rs. 500 for weekly SIP, Rs. 500 for fortnightly SIP, Rs. 500 for monthly SIP, SWP - Rs. 500 for all frequencies, STP - Rs. 100 for…
Fund manager(s): FM 1 Mr. Gaurav Chopra, FM 2 Mr. Sanjay Bembalkar

Exit load

1% if units are redeemed/switched out on or before completion of 1 year from the date of allotment. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units.

Objective

The Investment Objective of the Scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies. However, there is no assurance that the Investment Objective of the Scheme will be achieved.

Scheme information document

Fund house: website · factsheets · monthly portfolio · annual report

Not available: Morningstar rating (proprietary). "NAV history from" is the first NAV we hold.

Other plans of this fund

Direct · Growth₹16.1400
Regular · Growth₹15.4400
Regular · IDCW₹14.3100

Returns are computed by Tradinity from each scheme's own published NAV, so they are net of the fund's expenses. Periods over one year are annualised (CAGR). Past performance does not indicate future returns. Only Growth-option schemes are ranked: an IDCW scheme pays cash out of its NAV, so its NAV understates what an investor earned.