How to Invest in Union Income Plus Arbitrage Active FoF Direct Growth?

You can easily invest in Union Income Plus Arbitrage Active FoF Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Union Income Plus Arbitrage Active FoF Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Union Income Plus Arbitrage Active FoF Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union Income Plus Arbitrage Active FoF Direct Growth provide?

The Union Income Plus Arbitrage Active FoF Direct Growth has been there from 12 Jun 2025 and the average annual returns provided by this fund is NA% since its inception.

How much expense ratio is charged by Union Income Plus Arbitrage Active FoF Direct Growth?

The term Expense Ratio used for Union Income Plus Arbitrage Active FoF Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Union Income Plus Arbitrage Active FoF Direct Growth is 0.13% as of 28 Feb 2026...

What is the AUM of Union Income Plus Arbitrage Active FoF Direct Growth?

The AUM, short for Assets Under Management of Union Income Plus Arbitrage Active FoF Direct Growth is ₹100.86Cr as of 28 Feb 2026.

How to Redeem Union Income Plus Arbitrage Active FoF Direct Growth?

If you want to sell your Union Income Plus Arbitrage Active FoF Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the NAV of Union Income Plus Arbitrage Active FoF Direct Growth?

The NAV of Union Income Plus Arbitrage Active FoF Direct Growth is ₹10.26 as of 27 Feb 2026.

What is the PE and PB ratio of Union Income Plus Arbitrage Active FoF Direct Growth?

The PE ratio ratio of Union Income Plus Arbitrage Active FoF Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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Blog

Union Income Plus Arbitrage Active FoF Direct Growth

Name: Union Income Plus Arbitrage Active FoF Direct Growth
Brand: Union Mutual Fund

Moderate Risk

All

NAV: 27 Feb '26

₹10.26

Min. for SIP

₹500

Fund size

₹100.86 Cr

Expense ratio

0.13%

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Historic returns	Returns
3 months	₹15,000	₹15,064		+0.43%
6 months	₹30,000	₹30,304		+1.01%

Holdings (3)

Name	Sector	Instruments	Assets
Union Arbitrage Fund Direct - Growth	NA	Mutual Fund	39.82%
Union Corporate Bond Fund Direct - Growth	NA	Mutual Fund	39.28%
Union Gilt Fund Direct - Growth	NA	Mutual Fund	18.91%

Minimum investments

Min. for 1st investment

₹1,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	1M	3M	6M	All
Fund returns	+0.6%	+0.8%	+2.3%	+2.3%
Category average (null null)	--	--	--	--
Rank (null null)	--	12	12	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns are taxed at 12.5%.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Franklin India Mid Cap Fund Direct Growth	+16.78%	+22.89%	12,223.43
	Nippon India Small Cap Fund Direct Growth	+17.14%	+22.35%	65,812.16
	HDFC Small Cap Fund Direct Growth	+18.64%	+20.42%	36,940.54
	Franklin India Small Cap Fund Direct Growth	+12.94%	+19.53%	12,763.51
	Franklin India Technology Fund Direct Growth	-3.54%	+17.42%	1,937.75
Compare

Fund management

AS
Anindya Sarkar
May 2025 - Present
View details

Education

Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM

Experience

Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.

Also manages these schemes

Union Income Plus Arbitrage Active FoF Direct Growth

Union Low Duration Fund Direct Growth

Union Fixed Maturity Plan Series 13 (1114 Days) Direct Growth

Union Short Duration Fund Direct Growth

Union Corporate Bond Fund Direct Growth

Union Gilt Fund Direct Growth

Union Multi Asset Allocation Fund Direct Growth

VT
Vishal Thakker
May 2025 - Present
View details

Education

Mr.Thakker has done B.Com & M.B.A

Experience

Prior joining to Union Mutual Fund he has worked with Elara Capital and Emkay Shares & Stock Broking.

Also manages these schemes

Union Income Plus Arbitrage Active FoF Direct Growth

Union Balanced Advantage Fund Direct Growth

Union Arbitrage Fund Direct Growth

SP
Shrenuj Parekh
May 2025 - Present
View details

Education

Mr. Parekh has done B.Com and CA

Experience

Prior to joining Union Mutual Fund, Crisil Ltd, Axis Bank and Deloitte

Also manages these schemes

Union Short Duration Fund Direct Growth

Union Income Plus Arbitrage Active FoF Direct Growth

Union Corporate Bond Fund Direct Growth

About Union Income Plus Arbitrage Active FoF Direct Growth

Union Income Plus Arbitrage Active FoF Direct Growth is a NA Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Anindya Sarkar is the Current Fund Manager of Union Income Plus Arbitrage Active FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹26,143 Cr and the Latest NAV as of 27 Feb 2026 is ₹10.26. The Union Income Plus Arbitrage Active FoF Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;