How to Invest in Union Asset Allocation Fund Growth?

You can easily invest in Union Asset Allocation Fund 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 Asset Allocation Fund 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 Asset Allocation Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union Asset Allocation Fund Growth provide?

The Union Asset Allocation Fund Growth has been there from 25 Jun 2012 and the average annual returns provided by this fund is 5.81% since its inception.

How much expense ratio is charged by Union Asset Allocation Fund Growth?

The term Expense Ratio used for Union Asset Allocation Fund 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 Asset Allocation Fund Growth is 1.43% as of 31 Oct 2025...

What is the AUM of Union Asset Allocation Fund Growth?

The AUM, short for Assets Under Management of Union Asset Allocation Fund Growth is ₹44.60Cr as of 31 Oct 2025.

How to Redeem Union Asset Allocation Fund Growth?

If you want to sell your Union Asset Allocation Fund 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.

Can I invest in SIP and Lump Sum of Union Asset Allocation Fund Growth?

You can select either SIP or Lumpsum investment of Union Asset Allocation Fund Growth based on your investment objective and risk tolerance.

What is the NAV of Union Asset Allocation Fund Growth?

The NAV of Union Asset Allocation Fund Growth is ₹15.89 as of 20 Mar 2019.

What is the PE and PB ratio of Union Asset Allocation Fund Growth?

The PE ratio ratio of Union Asset Allocation Fund 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).

Union Asset Allocation Fund Growth - NAV, Mutual Fund Performance & Portfolio

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Union Asset Allocation Fund Growth
Hybrid
Balanced Advantage
Moderately High Risk
+7.52%
3Y annualised
-0.08% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Mar 2019
₹15.89
Rating
2
Min. SIP amount
Not Supported
Fund size
₹44.60Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (30)NameSectorInstrumentAssets
Reliance ETF Gold BeES
FinancialMutual Fund14.48%
GOI
SovereignCGL8.83%
National Highways Authority of India Ltd.
ServicesNCD8.43%
Power Grid Corporation of India Ltd.
EnergyBonds5.34%
GOI
SovereignCGL5.31%
LIC Housing Finance Ltd.
FinancialDebenture5.24%
GOI
SovereignGOI Sec4.17%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.44%
Housing Development Finance Corpn. Ltd.
FinancialDebenture3.39%
HDFC Bank Ltd.
FinancialEquity3.38%
ITC Ltd.
FMCGEquity2.79%
Indusind Bank Ltd.
FinancialEquity2.31%
Coal India Ltd.
EnergyEquity2.16%
Mahindra & Mahindra Ltd.
AutomobileEquity2.13%
Larsen & Toubro Ltd.
ConstructionEquity2.01%
GAIL (India) Ltd.
EnergyEquity1.89%
The Ramco Cements Ltd.
ConstructionEquity1.58%
Container Corpn. Of India Ltd.
ServicesEquity1.54%
Indian Oil Corpn. Ltd.
EnergyEquity1.41%
Godrej Consumer Products Ltd.
FMCGEquity1.36%
Bajaj Finance Ltd.
FinancialEquity1.33%
Muthoot Finance Ltd.
FinancialEquity1.18%
Infosys Ltd.
TechnologyEquity1.12%
Lupin Ltd.
HealthcareEquity1.04%
Kotak Mahindra Bank Ltd.
FinancialEquity1.03%
Hero Motocorp Ltd.
AutomobileEquity1.02%
Engineers India Ltd.
ConstructionEquity1.01%
Wabco India Ltd.
AutomobileEquity0.92%
HCL Technologies Ltd.
TechnologyEquity0.88%
Sun Pharmaceutical Inds. Ltd.
HealthcareEquity0.64%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Balanced Advantage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.8%7.5%7.1%7.1%
Category average10.7%18.5%18.4%NA
Rank with in category377NA
Understand terms
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Mar 2019 - Present
1.43%
28 Feb 2019 - 31 Mar 2019
1.39%
31 Jan 2019 - 28 Feb 2019
1.39%
31 Dec 2018 - 31 Jan 2019
1.44%
30 Nov 2018 - 31 Dec 2018
1.45%
31 Oct 2018 - 30 Nov 2018
1.45%
30 Sep 2018 - 31 Oct 2018
1.47%
31 Aug 2018 - 30 Sep 2018
1.48%
31 Jul 2018 - 31 Aug 2018
1.49%
30 Jun 2018 - 31 Jul 2018
1.49%
31 May 2018 - 30 Jun 2018
1.46%
30 Apr 2018 - 31 May 2018
1.60%
31 Mar 2018 - 30 Apr 2018
1.61%
28 Feb 2018 - 31 Mar 2018
1.57%
31 Jan 2018 - 28 Feb 2018
1.56%
31 Dec 2017 - 31 Jan 2018
1.36%
30 Nov 2017 - 31 Dec 2017
1.49%
31 Oct 2017 - 30 Nov 2017
1.49%
Expense ratio, exit load and taxExpense ratio: 1.43%Inclusive of GST
Exit loadExit load of 0.50% if redeemed within 6 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand terms
Check past data
Fund managementParijat Agrawal
Jun 2012 - Present
View details
Education
Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience
Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Also manages these schemes
Union Liquid Fund Growth
Union Dynamic Bond Fund Growth
Union Asset Allocation Fund Growth
Union Capital Protection Oriented Fund Series 7 Growth
Union Capital Protection Oriented Fund Series 8 Growth
Union Corporate Bond Fund Growth
Union Medium Duration Fund Growth
Union Money Market Fund Growth
Union Gilt Fund Growth
Vinay Paharia
Apr 2018 - Present
View details
Education
Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.
Experience
Prior to joining Union Mutual Fund he was associated with Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
Also manages these schemes
Union Asset Allocation Fund Growth
Union Capital Protection Oriented Fund Series 7 Growth
Union Capital Protection Oriented Fund Series 8 Growth
Fund house & investment objective
Union Mutual Fund
Rank (total assets)#27 in India
Total AUM₹20,541.27Cr
Date of Incorporation30 Dec 2009
    Union Asset Allocation Fund Growth is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund.     This scheme was made available to investors on 30 Dec 2009.     Parijat Agrawal, Ashish Ranawade is the Current Fund Manager of Union Asset Allocation Fund Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹20,541 Cr and     the Latest NAV as of 20 Mar 2019 is ₹15.89.  

    The Union Asset Allocation Fund Growth is rated Moderately High risk.     Minimum SIP Investment is set to ₹2,000.          Exit load of 0.50% if redeemed within 6 months.
  ;
Investment ObjectiveThe scheme seeks to generate capital appreciation by actively investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments and Gold Exchange Traded Funds. 
 
;
Fund benchmarkGroww Equity Hybrid
Scheme Information Document(SID)
Fund house contact details
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
(022) 6748 3300
Launch Date
30 Dec 2009
E-mail
 [email protected]
Website
www.unionmf.com
Union Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Union Asset Allocation Fund Growth
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Add mutual fund to compare

Name	Sector	Instrument	Assets
Reliance ETF Gold BeES	Financial	Mutual Fund	14.48%
GOI	Sovereign	CGL	8.83%
National Highways Authority of India Ltd.	Services	NCD	8.43%
Power Grid Corporation of India Ltd.	Energy	Bonds	5.34%
GOI	Sovereign	CGL	5.31%
LIC Housing Finance Ltd.	Financial	Debenture	5.24%
GOI	Sovereign	GOI Sec	4.17%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	3.44%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	3.39%
HDFC Bank Ltd.	Financial	Equity	3.38%
ITC Ltd.	FMCG	Equity	2.79%
Indusind Bank Ltd.	Financial	Equity	2.31%
Coal India Ltd.	Energy	Equity	2.16%
Mahindra & Mahindra Ltd.	Automobile	Equity	2.13%
Larsen & Toubro Ltd.	Construction	Equity	2.01%
GAIL (India) Ltd.	Energy	Equity	1.89%
The Ramco Cements Ltd.	Construction	Equity	1.58%
Container Corpn. Of India Ltd.	Services	Equity	1.54%
Indian Oil Corpn. Ltd.	Energy	Equity	1.41%
Godrej Consumer Products Ltd.	FMCG	Equity	1.36%
Bajaj Finance Ltd.	Financial	Equity	1.33%
Muthoot Finance Ltd.	Financial	Equity	1.18%
Infosys Ltd.	Technology	Equity	1.12%
Lupin Ltd.	Healthcare	Equity	1.04%
Kotak Mahindra Bank Ltd.	Financial	Equity	1.03%
Hero Motocorp Ltd.	Automobile	Equity	1.02%
Engineers India Ltd.	Construction	Equity	1.01%
Wabco India Ltd.	Automobile	Equity	0.92%
HCL Technologies Ltd.	Technology	Equity	0.88%
Sun Pharmaceutical Inds. Ltd.	Healthcare	Equity	0.64%