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Best Union Equity Mutual Funds

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.

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt funds.

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Top 10 Union Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Union Small Cap FundEquityVery High73.0%3star564
Union Focussed Largecap FundEquityVery High55.1%3star213
Union Tax Saver SchemeEquityVery High59.1%3star436
Union Balanced Advantage FundHybridModerate21.4%5star1,448
Union Dynamic Bond FundDebtModerate2.7%2star131
Union Flexi Cap FundEquityVery High59.2%4star768
Union Liquid FundDebtLow to Moderate3.3%4star1,097
Union Equity Savings FundHybridModerate16.0%4star176
Union Overnight FundDebtLow3.1%2star180
Union Large & Midcap FundEquityModerately High56.7%star262
Union Midcap FundEquityVery High71.4%star325
Union Arbitrage FundHybridLow4.1%star97
Union Focused FundEquityModerately High54.2%3star262
Union Corporate Bond FundDebtModerate4.0%2star449
Union Asset Allocation Fund - Moderate PlanHybridModerately High6.1%3star45
View All Top 10 Union Mutual Funds

Let's have a closer look

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

Union Small Cap Fund Direct Growth

Fund Performance: This fund has given 29.78% annualized returns in the last three years. In the last year, its returns were 72.96%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 72.96% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM564Cr
1Y Returns73.0%

Union Largecap Fund Direct Growth

Fund Performance: This fund has given 22.6% annualized returns in the last three years. In the last year, its returns were 55.11%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 55.11% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM213Cr
1Y Returns55.1%

Union Long Term Equity Fund Direct Growth

Fund Performance: This fund has given 25.94% annualized returns in the last three years. In the last year, its returns were 59.1%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 59.1% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM436Cr
1Y Returns59.1%

Union Balanced Advantage Fund Direct Growth

Fund Performance: This fund has given 15.94% annualized returns in the last three years. In the last year, its returns were 21.43%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 21.43% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM1,448Cr
1Y Returns21.4%

Union Dynamic Bond Fund Direct Growth

Fund Performance: This fund has given 8.7% annualized returns in the last three years. In the last year, its returns were 2.69%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 2.69% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM131Cr
1Y Returns2.7%

Union Flexi Cap Fund Direct Growth

Fund Performance: This fund has given 26.13% annualized returns in the last three years. In the last year, its returns were 59.21%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 59.21% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM768Cr
1Y Returns59.2%

Union Liquid Fund Direct Growth

Fund Performance: This fund has given 4.97% annualized returns in the last three years. In the last year, its returns were 3.3%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.3% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM1,097Cr
1Y Returns3.3%

Union Equity Savings Fund Direct Growth

Fund Performance: In the last year, its returns were 16.02%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 16.02% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM176Cr
1Y Returns16.0%

Union Overnight Fund Direct Growth

Fund Performance: In the last year, its returns were 3.1%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.1% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM180Cr
1Y Returns3.1%

Union Large & Midcap Fund Direct Growth

Fund Performance: In the last year, its returns were 56.74%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 56.74% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM262Cr
1Y Returns56.7%

Union Midcap Fund Direct Growth

Fund Performance: In the last year, its returns were 71.41%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 71.41% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM325Cr
1Y Returns71.4%

Union Arbitrage Fund Direct Growth

Fund Performance: In the last year, its returns were 4.06%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.06% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM97Cr
1Y Returns4.1%

Union Focused Fund Direct Growth

Fund Performance: In the last year, its returns were 54.16%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 54.16% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM262Cr
1Y Returns54.2%

Union Corporate Bond Fund Direct Growth

Fund Performance: This fund has given 6.82% annualized returns in the last three years. In the last year, its returns were 4%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 4% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹1,000
AUM449Cr
1Y Returns4.0%

Union Asset Allocation Fund Direct Growth

Fund Performance: This fund has given 8.03% annualized returns in the last three years. In the last year, its returns were 6.06%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 6.06% returns in the last one year. . Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM45Cr
1Y Returns6.1%

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