Top 10 Union Mutual Funds Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Union Focussed Largecap FundEquityModerately High-2.7%3star244
Union Balanced Advantage FundHybridModerately HighN.A3star598
Union Small Cap FundEquityModerately High-16.1%1star299
Union Asset Allocation Fund - Moderate PlanHybridModerately High3.7%1star46
Union Tax Saver SchemeEquityModerately High-1.8%1star216
Union Dynamic Bond FundDebtModerate2.8%1star192
Union Equity FundEquityModerately High-0.5%1star214
View All Top 10 Union Mutual Funds Mutual Funds

Union Mutual Fund

Union Mutual Fund is sponsored by Union Bank of India and is therefore a trusted brand for investors.

Union Mutual Fund visions to obtain prosperity by responsibly investing in the capital market. Their aim is to provide the right client, the right product at the right time. The asset management company aims at understanding the investor's needs better and customizes products in a way that will be beneficial to them.

It believes in creating an investment platform which is sustainable for the long-term and helps investors to create wealth systematically. The fund house provides various mutual funds across different market capitalization and categories, in order to apppeal to investors with various needs. Union Mutual Fund targets to give its investors a brilliant investing experience and choose mutual fund as an instrument for the long haul.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Union Focussed Largecap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -2.68% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.68% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Anshul Mishra

Launch Date10 May 2017
Min Investment Amt5,000
Groww Rating3star
AUM244Cr
1Y Returns-2.7%

Union Balanced Advantage Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Balanced Advantage segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -100% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -100% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Parijat Agrawal, Ashish Ranawade

Launch Date28 Dec 2017
Min Investment Amt5,000
Groww Rating3star
AUM598Cr
1Y Returns-100.0%

Union Small Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Small Cap segment and provided 4.27% annualized returns in the last 3 years. In the last 1 year, it gave -16.06% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -16.06% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ashish Ranawade, Hardick Bora

Launch Date18 May 2014
Min Investment Amt5,000
Groww Rating1star
AUM299Cr
1Y Returns-16.1%

Union Asset Allocation Fund - Moderate - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Balanced Advantage segment and provided 6.88% annualized returns in the last 3 years. In the last 1 year, it gave 3.66% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.66% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Parijat Agrawal, Ashish Ranawade

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM46Cr
1Y Returns3.7%

Union Tax Saver Scheme - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 6.74% annualized returns in the last 3 years. In the last 1 year, it gave -1.82% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.82% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ashish Ranawade

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating1star
AUM216Cr
1Y Returns-1.8%

Union Dynamic Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 6.01% annualized returns in the last 3 years. In the last 1 year, it gave 2.84% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.84% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Parijat Agrawal

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM192Cr
1Y Returns2.8%

Union Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 8.17% annualized returns in the last 3 years. In the last 1 year, it gave -0.52% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.52% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ashish Ranawade

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM214Cr
1Y Returns-0.5%

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Best Union Tax Saving Mutual Funds

These funds fall under the Equity Linked Savings Scheme or ELSS and therefore, under Section 80 'C' of the Income Tax Act, these funds are exempted up to a limit of Rs.1,50,000. They primarily invest in equity and equity-related securities, which means that they attain good returns, due to their exposure to equity.

Best Union Equity Mutual Funds

Equity funds invest in equity and equity related securities and aim to obtain long-term wealth appreciation. These funds are comparatively more volatile than debt funds, but they also provide a high rate of return. There are various categories and schemes under equity funds and an investor can choose whichever, keeping in mind his/her risk appetite and duration of investment.

Best Union Debt Mutual Funds

These are comparatively low risk funds and are relatively stable as they do not get heavily affected by market forces. These funds invest primarily in debt/money market instruments and government securities. They are perfect for investors who want a regular income from mutual funds and have a low risk appetite.

Best Union Hybrid Mutual Funds

Hybrid funds are outstanding for a stand-alone option, good funds for beginners, or core holdings in a complete portfolio of mutual funds.The "hybrid" descriptor comes from the idea that one mutual fund consists of a mix of different elements typically existing in two or more funds. Check out the best hybrid funds offered by Union Mutual Funds

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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