How to Invest in Union Multi Asset Allocation Fund Direct Growth?

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

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

The Union Multi Asset Allocation Fund Direct Growth has been there from 10 Sep 2024 and the average annual returns provided by this fund is 8.27% since its inception.

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

The term Expense Ratio used for Union Multi Asset Allocation Fund 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 Multi Asset Allocation Fund Direct Growth is 1.31% as of 24 Oct 2026...

What is the AUM of Union Multi Asset Allocation Fund Direct Growth?

The AUM, short for Assets Under Management of Union Multi Asset Allocation Fund Direct Growth is ₹988.70Cr as of 24 Oct 2026.

How to Redeem Union Multi Asset Allocation Fund Direct Growth?

If you want to sell your Union Multi Asset Allocation Fund 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.

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

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

What is the NAV of Union Multi Asset Allocation Fund Direct Growth?

The NAV of Union Multi Asset Allocation Fund Direct Growth is ₹11.71 as of 23 Oct 2026.

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

The PE ratio ratio of Union Multi Asset Allocation Fund 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).

Union Multi Asset Allocation Fund Direct Growth

Name: Union Multi Asset Allocation Fund Direct Growth
Brand: Union Mutual Fund

Hybrid

Multi Asset Allocation

Very High Risk

All

NAV: 23 Oct '26

₹11.71

Min. for SIP

₹500

Fund size (AUM)

₹988.70 Cr

Expense ratio

1.31%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
3 months	₹15,000	₹14,598	-2.68%
6 months	₹30,000	₹29,126	-2.91%
1 year	₹60,000	₹58,643	-2.26%

Holdings (95)

Name	Sector	Instruments	Assets
Union Gold ETF-Growth	Unspecified	Mutual Fund	11.71%
Repo	Unspecified	Repo	6.28%
ICICI Bank Ltd	Financial	Equity	4.49%
HDFC Bank Ltd	Financial	Equity	4.19%
ICICI Prudential Silver ETF - Growth	Unspecified	Mutual Fund	3.95%
Bharti Airtel Ltd	Technology	Equity	2.67%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26E 7.10 BD 29MR29 FVRS1LAC	Financial	Bonds	2.49%
Axis Bank Ltd	Financial	Equity	2.46%
REC LIMITED SR 255 7.17 BD 01JL31 FVRS1LAC	Financial	Non Convertible Debenture	2.46%
CANARA BANK CD 11MAR27	Financial	Certificate of Deposit	2.45%
Reliance Industries Ltd	Energy & Utilities	Equity	2.44%
POWER FINANCE CORPORATION LIMITED SR 241 7.30 BD 16OT34 FVRS1LAC	Financial	Debenture	2.44%
State Bank of India	Financial	Equity	2.34%
Cash Margin	Unspecified	Cash Margin	1.74%
Bajaj Finance Ltd	Financial	Equity	1.68%
Larsen & Toubro Ltd	Industrials	Equity	1.54%
Kotak Mahindra Bank Ltd	Financial	Equity	1.50%
Engineers India Ltd	Industrials	Equity	1.32%
Infosys Ltd	Technology	Equity	1.29%
Zomato Ltd	Technology	Equity	1.16%
Gabriel India Ltd	Consumer Discretionary	Equity	1.15%
Maruti Suzuki India Ltd	Consumer Discretionary	Equity	1.11%
Kirloskar Oil Engines Ltd	Industrials	Equity	1.08%
Clean Max Enviro Energy Solutions Ltd.	Energy & Utilities	Equity	1.07%
LG Electronics India Ltd.	Consumer Discretionary	Equity	1.06%
Karur Vysya Bank Ltd	Financial	Equity	1.02%
Dhoot Transmission Ltd	Consumer Discretionary	Equity	0.99%
Dr. Lal Pathlabs Ltd	Healthcare	Equity	0.98%
POWER FINANCE CORPORATION LIMITED SR 242B 7.22 BD 15OT39 FVRS1LAC	Financial	Bonds	0.96%
Inventurus Knowledge Solutions Ltd.	Industrials	Equity	0.92%
Tata Motors Ltd	Industrials	Equity	0.90%
Divi's Laboratories Ltd	Healthcare	Equity	0.89%
ZF Commercial Vehicle Control Systems India Ltd	Consumer Discretionary	Equity	0.88%
Tata Consumer Products Ltd	Consumer Staples	Equity	0.87%
Ather Energy Ltd.	Consumer Discretionary	Equity	0.84%
Shadowfax Technologies Ltd.	Industrials	Equity	0.82%
Ajanta Pharma Ltd	Healthcare	Equity	0.82%
ICICI Prudential Asset Management Company Ltd.	Financial	Equity	0.82%
JSW Infrastructure Ltd	Industrials	Equity	0.79%
Ultratech Cement Ltd	Materials	Equity	0.72%
NTPC Ltd	Energy & Utilities	Equity	0.68%
GE T&D India Ltd	Industrials	Equity	0.68%
KRN Heat Exchanger And Refrigeration Ltd.	Industrials	Equity	0.67%
CG Power & Industrial Solutions Ltd	Industrials	Equity	0.66%
JSW Energy Ltd	Energy & Utilities	Equity	0.61%
Shriram Transport Finance Company Ltd	Financial	Equity	0.60%
Solar Industries India Ltd	Materials	Equity	0.60%
Billionbrains Garage Ventures Ltd.	Financial	Equity	0.60%
Trent Ltd	Consumer Discretionary	Equity	0.60%
Glaxosmithkline Pharmaceuticals Ltd	Healthcare	Equity	0.60%
Aarti Industries Ltd	Materials	Equity	0.59%
Oil India Ltd	Energy & Utilities	Equity	0.59%
HDFC Life Insurance Co Ltd	Financial	Equity	0.59%
One 97 Communications Ltd	Industrials	Equity	0.59%
ITD Cementation India Ltd	Industrials	Equity	0.58%
Tata Consultancy Services Ltd	Technology	Equity	0.56%
Amber Enterprises India Ltd	Consumer Discretionary	Equity	0.56%
FSN E-Commerce Ventures Ltd	Consumer Discretionary	Equity	0.56%
Phoenix Mills Ltd	Real Estate	Equity	0.56%
Godrej Properties Ltd	Real Estate	Equity	0.53%
Bharat Heavy Electricals Ltd	Industrials	Equity	0.53%
Manipal Health Enterprises Ltd	Healthcare	Equity	0.52%
RBL Bank Ltd	Financial	Equity	0.52%
Delhivery Ltd	Industrials	Equity	0.52%
Shiprocket Ltd.	Technology	Equity	0.52%
Nippon Life India Asset Management Ltd	Financial	Equity	0.51%
Ujjivan Small Finance Bank Ltd	Financial	Equity	0.51%
Bharat Electronics Ltd	Industrials	Equity	0.51%
Titan Company Ltd	Consumer Discretionary	Equity	0.49%
Gokaldas Exports Ltd	Consumer Discretionary	Equity	0.48%
E2E Networks Ltd	Technology	Equity	0.46%
Cyient Ltd	Technology	Equity	0.45%
Hindustan Unilever Ltd	Consumer Staples	Equity	0.44%
Oil & Natural Gas Corporation Ltd	Energy & Utilities	Equity	0.41%
Pidilite Industries Ltd	Materials	Equity	0.39%
Patanjali Foods Ltd	Consumer Staples	Equity	0.37%
LTIMindtree Ltd	Technology	Equity	0.33%
Sun Pharmaceutical Industries Ltd	Healthcare	Equity	0.33%
Sai Life Sciences Ltd.	Healthcare	Equity	0.33%
Greenply Industries Ltd	Materials	Equity	0.31%
National Stock Exchange Of India Ltd Equity	Financial	Equity	0.29%
91 DTB (24-DEC-2026)	Financial	Treasury Bills	0.29%
GOVERNMENT OF INDIA 37629 091 DAYS TBILL 01OT26 FV RS 100	Financial	Treasury Bills	0.28%
HCL Technologies Ltd	Technology	Equity	0.28%
Jindal Steel & Power Ltd	Materials	Equity	0.25%
Varun Beverages Ltd	Consumer Staples	Equity	0.18%
Wockhardt Ltd	Healthcare	Equity	0.17%
Persistent Systems Ltd	Technology	Equity	0.13%
Net Current Assets	Unspecified	Net Current Assets	--
Oil & Natural Gas Corporation Ltd. 27.10.2026	Energy & Utilities	Futures	-0.19%
ICICI Bank Ltd. 27.10.2026	Financial	Futures	-0.20%
Net Payables	Unspecified	Net Payables	-0.36%
Patanjali Foods Ltd. 27.10.2026	Consumer Staples	Futures	-0.37%
Larsen & Toubro Ltd. 23.11.2026	Industrials	Futures	-0.49%
Bharti Airtel Ltd. 23.11.2026	Technology	Futures	-0.49%

See All

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	3M	6M	1Y	All
Fund returns	-4.5%	-4.6%	+0.7%	+17.1%
Category average (Hybrid Multi Asset Allocation)	-3.9%	-3.3%	+0.7%	+114.0%
Rank (Hybrid Multi Asset Allocation)	32	40	23	--

Exit load, stamp duty and tax

Exit load

Exit load of 1%, if redeemed within 15 days.

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

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Quant Multi Asset Allocation Fund Direct Growth	+8.54%	+21.04%	6,608.27
	Nippon India Multi Asset Allocation Fund Direct Growth	+2.53%	+17.25%	18,044.33
	WhiteOak Capital Multi Asset Allocation Fund Direct Growth	+5.21%	+15.69%	9,717.16
	SBI Multi Asset Allocation Fund Direct Growth	+2.86%	+13.32%	21,044.19
	ICICI Prudential Multi Asset Allocation Fund Direct Growth	-3.47%	+12.46%	84,108.36
Compare

Fund management

SB
Sanjay Bembalkar
Aug 2024 - Present
View details

Education

Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.

Experience

Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP

Also manages these schemes

Union Flexi Cap Fund Direct Growth

Union ELSS Tax Saver Fund Direct Growth

Union Largecap Fund Direct Growth

Union Balanced Advantage Fund Direct Growth

Union Equity Savings Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

Union Multicap Fund Direct Growth

Union Innovation & Opportunities Fund Direct Growth

Union Multi Asset Allocation Fund Direct Growth

Union Active Momentum Fund Direct Growth

Union Consumption Fund Direct Growth

VM
Vinod Malviya
Nov 2024 - Present
View details

Education

Mr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared)

Experience

Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.

Also manages these schemes

Union Flexi Cap Fund Direct Growth

Union ELSS Tax Saver Fund Direct Growth

Union Value Fund Direct Growth

Union Focused Fund Direct Growth

Union Large & Midcap Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

Union Children's Fund Direct Growth

Union Multi Asset Allocation Fund Direct Growth

Union Gold ETF FoF Direct Growth

Union Consumption Fund Direct Growth

AS
Anindya Sarkar
Aug 2024 - 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 Corporate Bond Fund Direct Growth

Union Gilt Fund Direct Growth

Union Multi Asset Allocation Fund Direct Growth

Union Short Term Fund Direct Growth

Union Income Plus Arbitrage Active FoF Direct Growth

Union Ultra Short to Short Term Fund Direct Growth

About Union Multi Asset Allocation Fund Direct Growth

Union Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Sanjay Bembalkar is the Current Fund Manager of Union Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹25,478 Cr and the Latest NAV as of 23 Oct 2026 is ₹11.71. The Union Multi Asset Allocation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 1%, if redeemed within 15 days. ;

Investment Objective

The Scheme seeks to generate long-term capital appreciation by investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments, units of Gold Exchange Traded Funds (ETFs) and / or Silver ETFs and units of REITs & InvITs as per the asset allocation pattern of the Scheme.;

Fund benchmark--

Scheme Information Document(SID)