| Launch date | 20 Aug 2024 |
| Allotment date | 06 Sep 2024 |
| End date | 03 Sep 2024 |
| NAV | ₹10.00 |
Inclusive of GST
Exit load of 1%, if redeemed within 15 days.
0.005% (from July 1st, 2020)
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%.
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
| Rank (total assets) | #27 in India |
|---|---|
| Total AUM | ₹26,541.09Cr |
| Date of Incorporation | 30 Dec 2009 |
|---|
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. Anindya Sarkar is the Current Fund Manager of Union Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹26,541 Cr and the Latest NAV as of 12 Dec 2025 is ₹11.91. 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. ;
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 | NA |
|---|
| Hybrid, Multi Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Multi Asset Allocation Fund Direct Growth | 4 | 16.4% | 21.2% | 8,722.27 |
UTI Multi Asset Allocation Fund Direct Growth | 3 | 10.2% | 20.6% | 6,551.14 |
ICICI Prudential Multi Asset Fund Direct Growth | 5 | 15.7% | 20.0% | 75,067.36 |
SBI Multi Asset Allocation Fund Direct Growth | 4 | 16.1% | 18.6% | 12,011.68 |
HDFC Multi Asset Allocation Fund Direct Growth | 3 | 12.1% | 15.7% | 5,303.17 |