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Fund Overview of Union Innovation & Opportunities Fund Direct-IDCW
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₹1,306.5 CrAUM
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₹15.69NAV
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0.95%Expense Ratio
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Union Innovation & Opportunities Fund Direct-IDCW Return Comparison
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.14% | NA | NA |
| 6 Months | 16.26% | NA | NA |
| 1 Year | 10.41% | 10.41% | NA |
| 2 Years | 18.97% | 9.07% | NA |
| 3 Years | 72.06% | 19.83% | NA |
Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision
Asset Allocation of Union Innovation & Opportunities Fund Direct-IDCW
equities
97.40%debt instruments
0.05%other assets or cash equivalents
2.55%Launched on 06 Sep 2023, the fund aims Capital appreciation over long term. Investment predominantly in equity and equity related securities of Innovative Companies. It manages assets worth ₹1,306.5 crore as on Wed Sep 30, 2026. The expense ratio stands at 0.95%. Fund Manager Manager Education Fund Manager Manager EducationAbout Union Innovation & Opportunities Fund Direct-IDCW
The portfolio allocation consists of 97.40% in equities, 0.05% in debt instruments, 2.55% in other assets or cash equivalents.Managed by Sanjay Bembalkar, it has delivered a return of 10.41% in the last year, a total return since inception of 17.95%.
The latest dividend was declared on 07 Sep 2026 at 11.90% of face value.
Depending on individual goals investors often compare best sip plan during their overall investment planning.
Key Metrics of Union Innovation & Opportunities Fund Direct-IDCW
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Standard Deviation17.95%
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Mean18.56%
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Sharpe Ratio0.72%
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Alpha8.04%
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Beta0.97%
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Sortino Ratio0.93%
Union Innovation & Opportunities Fund Direct-IDCW Fund Details
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Compare Union Innovation & Opportunities Fund Direct-IDCW with other mutual funds in the same category
Union Innovation & Opportunities Fund Direct-IDCW
Kotak Pioneer Fund Direct-Growth
Kotak Pioneer Fund Direct-IDCW
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Kotak Pioneer Fund Direct-Growth  |
₹4,295 | -0.48% | -2.20% | 6.73% | 19.60% | 14.13% |
| Kotak Pioneer Fund Direct-IDCW |
₹4,295 | -0.48% | -2.20% | 6.73% | 19.60% | 14.13% |
| Kotak Pioneer Fund Regular-Growth |
₹4,295 | -0.60% | -2.51% | 5.31% | 17.97% | 12.49% |
| Kotak Pioneer Fund Regular-IDCW |
₹4,295 | -0.60% | -2.51% | 5.31% | 17.97% | 12.49% |
Axis Innovation Fund Direct-Growth  |
₹1,345 | 0.48% | 1.59% | 12.60% | 18.50% | 10.89% |
| Axis Innovation Fund Direct-IDCW |
₹1,345 | 0.48% | 1.59% | 12.60% | 18.50% | 10.89% |
| Axis Innovation Fund Regular-Growth |
₹1,345 | 0.38% | 1.38% | 11.54% | 17.35% | 9.61% |
| Axis Innovation Fund Regular-IDCW |
₹1,345 | 0.38% | 1.38% | 11.54% | 17.35% | 9.61% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Union Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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Union Innovation & Opportunities Fund Direct-Growth
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₹1,307 | 4.20% | 1.14% | 16.26% | 10.41% | 19.83% |
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Union Innovation & Opportunities Fund Regular-Growth
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₹1,307 | 4.00% | 0.75% | 15.40% | 8.85% | 18.09% |
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Union Innovation & Opportunities Fund Regular-IDCW
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₹1,307 | 4.00% | 0.75% | 15.40% | 8.85% | 18.09% |
growth is based on 1-month returns of the fundsUnion Innovation & Opportunities Fund Direct-IDCW Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Innovation Fund-Growth |
₹7,549 | ₹19.05 | 17.46% | - | - |
| ICICI Prudential Innovation Fund Direct-Growth |
₹7,549 | ₹19.83 | 18.77% | - | - |
| ICICI Prudential Innovation Fund-IDCW |
₹7,549 | ₹16.06 | 17.46% | - | - |
| ICICI Prudential Innovation Fund Direct-IDCW |
₹7,549 | ₹16.79 | 18.77% | - | - |
| Kotak Pioneer Fund Direct-Growth |
₹4,295 | ₹38.26 | 19.60% | 14.13% | - |
| Kotak Pioneer Fund Regular-Growth |
₹4,295 | ₹34.35 | 17.97% | 12.49% | - |
Union Innovation & Opportunities Fund Direct-IDCW Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| One 97 Communications Ltd | Industrials | 5.22% | ₹70.14 Cr |
| One 97 Communications Ltd | Industrials | 5.22% | ₹70.14 Cr |
| One 97 Communications Ltd | Industrials | 5.22% | ₹70.14 Cr |
| One 97 Communications Ltd | Industrials | 5.22% | ₹70.14 Cr |
| One 97 Communications Ltd | Industrials | 5.25% | ₹68.54 Cr |
| One 97 Communications Ltd | Industrials | 5.25% | ₹68.54 Cr |
| One 97 Communications Ltd | Industrials | 5.25% | ₹68.54 Cr |
| Zomato Ltd | Technology | 4.78% | ₹64.31 Cr |
| Zomato Ltd | Technology | 4.78% | ₹64.31 Cr |
| Zomato Ltd | Technology | 4.78% | ₹64.31 Cr |
| Zomato Ltd | Technology | 4.78% | ₹64.31 Cr |
| Zomato Ltd | Technology | 4.80% | ₹62.73 Cr |
| Zomato Ltd | Technology | 4.80% | ₹62.73 Cr |
| Zomato Ltd | Technology | 4.80% | ₹62.73 Cr |
| Zomato Ltd | Technology | 5.80% | ₹61.96 Cr |
| Zomato Ltd | Technology | 5.80% | ₹61.96 Cr |
| Zomato Ltd | Technology | 5.35% | ₹60.48 Cr |
| Zomato Ltd | Technology | 5.35% | ₹60.48 Cr |
| Info Edge (india) Ltd | Technology | 5.00% | ₹55.70 Cr |
| Info Edge (india) Ltd | Technology | 5.22% | ₹54.78 Cr |
Top Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Kotak Pioneer Fund Direct-Growth |
₹38.26 | 19.60% | 14.13% | - |
| Kotak Pioneer Fund Direct-IDCW |
₹38.26 | 19.60% | 14.13% | - |
| Kotak Pioneer Fund Regular-Growth |
₹34.35 | 17.97% | 12.49% | - |
| Kotak Pioneer Fund Regular-IDCW |
₹34.36 | 17.97% | 12.49% | - |
| Axis Innovation Fund Direct-Growth |
₹22.96 | 18.50% | 10.89% | - |
| Axis Innovation Fund Direct-IDCW |
₹19.23 | 18.50% | 10.89% | - |
| Axis Innovation Fund Regular-Growth |
₹21.36 | 17.35% | 9.61% | - |
| Axis Innovation Fund Regular-IDCW |
₹17.88 | 17.35% | 9.61% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Union Innovation & Opportunities Fund Direct-IDCW
What is the current AUM of Union Innovation & Opportunities Fund Direct-IDCW?
As of Wed Sep 30, 2026, Union Innovation & Opportunities Fund Direct-IDCW manages assets worth ₹1,306.5 crore
How has Union Innovation & Opportunities Fund Direct-IDCW performed recently?
- 3 Months: 1.14%
- 6 Months: 16.26%
What is the long-term performance of Union Innovation & Opportunities Fund Direct-IDCW?
- 3 Years CAGR: 19.83%
- Since Inception: 17.95%
What is the portfolio composition of Union Innovation & Opportunities Fund Direct-IDCW?
Equity: 97.40%, Debt: 0.05%, Others: 2.55%.
Who manages Union Innovation & Opportunities Fund Direct-IDCW?
Union Innovation & Opportunities Fund Direct-IDCW is managed by Sanjay Bembalkar from Union Mutual Fund.
When was the last dividend declared by Union Innovation & Opportunities Fund Direct-IDCW?
Latest dividend was declared on 07 Sep 2026 at 11.90% of face value.
What is the market-cap allocation of Union Innovation & Opportunities Fund Direct-IDCW?
Large Cap: 13.61%, Mid Cap: 28.95%, Small Cap: 57.45%.
Which are the top companies Union Innovation & Opportunities Fund Direct-IDCW has invested in?
- One 97 Communications Ltd – 5.22% of the fund's portfolio
- One 97 Communications Ltd – 5.22% of the fund's portfolio
- One 97 Communications Ltd – 5.22% of the fund's portfolio
- One 97 Communications Ltd – 5.22% of the fund's portfolio
- One 97 Communications Ltd – 5.25% of the fund's portfolio
Which are the major sectors Union Innovation & Opportunities Fund Direct-IDCW focuses on?
- Technology – 66.04% of the fund's portfolio
- Industrials – 36.63% of the fund's portfolio
