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Union Retirement Fund Direct Growth

Equity
Flexi Cap
Very High Risk
5Y Lock In
Launch date01 Sep 2022
Allotment date22 Sep 2022
End date15 Sep 2022
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 1.35%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (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%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Pratik Dharmshi
Dec 2024 - Present
View details

Education
Mr. Dharmshi has done B. Com & CA
Experience
Prior to joining Union AMC, he was associated with UTI Pension Fund Limited, Safe Enterprises, Girik Capital, Edelweiss AMC, JP Morgan India Pvt. Ltd., CRISIL Ltd. & Morgan Stanley Advantage Services Pvt. Ltd.
Also manages these schemes
Union Small Cap Fund Direct Growth
Union Largecap Fund Direct Growth
Union Focused Fund Direct Growth
Union Large & Midcap Fund Direct Growth
Union Midcap Fund Direct Growth
Union Retirement Fund Direct Growth
Union Business Cycle Fund Direct Growth
Union Diversified Equity All Cap Active FoF Direct Growth

Pratit Vajani
Jul 2025 - Present
View details

Education
PGDM (MDI Gurgaon), B.Tech (VJTI)
Experience
Prior to joining Union AMC, Mr. Vajani was associated with ICICI Securities Ltd and Price water house Coopers Private Limited.
Also manages these schemes
Union Retirement Fund Direct Growth

Fund house & investment objective

Rank (total assets)#27 in India
Total AUM₹28,740.18Cr
Date of Incorporation30 Dec 2009

Union Retirement Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Vinay Paharia is the Current Fund Manager of Union Retirement Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹28,740 Cr and the Latest NAV as of 18 Jun 2026 is ₹17.20. The Union Retirement Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;

Investment Objective

The Scheme seeks to generate long term capital gains by investing in a mix of securities comprising of equity, equity related securities and debt instruments as per the asset allocation pattern of the Scheme with a view to provide a retirement investment solution to investors. ;

Fund benchmarkBSE 500 Total Return Index
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

Peer Comparison

Equity, Flexi Cap fundsRating1Y3YFund Size(Cr)
ITI Flexi Cap Fund Direct Growth
5
9.5%20.3%1,314.38
HSBC Flexi Cap Fund Direct Growth
4
5.4%18.2%5,538.48
HDFC Flexi Cap Direct Plan Growth
5
3.1%18.1%1,01,821.82
Franklin India Flexi Cap Fund Direct Growth
4
-1.5%15.3%18,796.71
Parag Parikh Flexi Cap Fund Direct Growth
5
-0.8%15.2%1,41,446.73
Home>NFOs>Union Mutual Fund>Union Retirement Fund Direct Growth
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