Sharpe ratio
0.75Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+16.69%1Y Absolute Return
+0.23%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Union Innovation & Opportunities Fund - Direct Plan - Growth OptionFund 3Y annualised return · 5Y history unavailable | ₹12,34,741 | ₹7,32,612 | ₹5,02,129 | +20.54% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.20
₹1 Lakh since launch₹1.20 Lakh
Fund age3.2 yrs
Fund information
Scheme code151905
ISININF582M01JE6
BenchmarkNIFTY 500 TRI
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio1.01%
Exit loadExit load of 1%, if redeemed within 1 year.
Minimum SIP₹500 SIP
Return comparison
120th / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +135.82% | — | — |
| 3M | +15.59% | — | — |
| 6M | +48.34% | — | — |
| 1Y | +16.69% | — | +4.16% |
| 3Y | +20.54% | — | +12.54% |
| Since Launch | +19.53% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
1.04Return earned while limiting downside risk.
Good
Good downside protection with strong returns.
Standard deviation
17.79%How much the fund’s returns fluctuate over time.
High volatility
Returns can swing significantly.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
0.82How well the fund rewarded investors relative to its biggest decline.
Good
Good return relative to the drawdowns experienced.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Equity97.05%
Cash2.91%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 56 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Zomato Ltd | Technology | Equity | 4.29% |
| The Federal Bank Ltd | Financial | Equity | 3.9% |
| One 97 Communications Ltd | Industrials | Equity | 3.74% |
| Ami Organics Ltd | Healthcare | Equity | 3.43% |
| CG Power & Industrial Solutions Ltd | Industrials | Equity | 3.42% |
| GE T&D India Ltd | Industrials | Equity | 3.35% |
| Ather Energy Ltd. | Consumer Discretionary | Equity | 3.24% |
| Repo | Unspecified | Repo | 3.01% |
| ZF Commercial Vehicle Control Systems India Ltd | Consumer Discretionary | Equity | 2.92% |
| JSW Energy Ltd | Energy & Utilities | Equity | 2.84% |
Fund management
GA
Gaurav Chopra
Since 2024 · Prior to joining Union Mutual Fund, he was associated with Centrum Portfolio Management Services- Centrum Broking Ltd., Barclays Wealth Trustees (India) Pvt. Ltd. and Sharp & Tanan Associates
Mr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared)
SA
Sanjay Bembalkar
Since 2023 · 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
Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Compare similar funds
No comparable category funds are available yet.
Summary
A very high-risk equity scheme - sectoral/ thematic fund. Ahead of its category average over 3Y by 8.0 points.
Strengths
- Ahead of its category average over 3Y by 8.0 points.
- Ranks 120 of 932 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Needs a 5–7+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 17.8% volatility.
Risk drivers
- None