In November 2016, SEBI registered Union Mutual Fund. It is sponsored by Union Bank of India and Dai-ichi Life. Union Bank of India is an Indian public sector bank. Insurer and asset manager Dai-ichi Life is from Japan.
KBC Participations Renta, a 100% subsidiary of KBC Asset Management NV, and Union Bank founded the AMC. It was Union KBC Mutual Fund. It became Union Mutual Fund after Union Bank of India and KBC Asset Management bought the shares in 2016. Later that year, Dai-ichi Life invested 39.62% in the fund company. As of March 31, 2024, the fund company had Rs 18,804 crores in AUM, 0.272% of the mutual fund industry's total. Union Mutual Fund offers 25 mutual fund schemes: 11 equity, 8 debt, 4 hybrid, and 2 others. Union Mutual Fund's vision: Help investors achieve sustained prosperity via responsible capital market investing.Union Liquid Fund, Union Flexi Cap Fund, and Union Balanced Advantage Fund are the company's top mutual funds as of March 31, 2024.
How to Invest in Union Mutual Fund on Swaraj Finpro.
Investing in Union Mutual Fund online is a convenient process and you can do so by following the few simple steps mentioned below:
Step 1. Log-in to your Swaraj Finpro account or register if you don’t have one.
Step 2. Upload your identity proof documents (Aadhaar, Voter ID, PAN, Passport, Driving License, Central or State Government ID card, etc.)
Step 3. Upload your proof of address documents (any identity proof documents with your permanent address, etc.)
Step 4. Select the investment period of your preference.
Step 5. Choose your risk appetite - low, mid, or high.
Step 6. Choose your preferred Union Mutual Fund.
Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.
The Union Mutual Fund
in India you have invested in will show in your Swaraj Finpro account within 3 to 4 working days.
Lets have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The Union Midcap Fund Fund has given 23.22% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The Union Midcap Fund Fund comes under the Equity category of Union Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Union Midcap Fund via lump sum is ₹ 1000 and via SIP is ₹ 500.
Scheme Objective: The Scheme seeks to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies.
Scheme Manager: Hardick Bora, Gaurav Chopra.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 1309.52
1 Y Return (%)
: 45.68
Risko-Meter : Very High
Fund Performance: The Union Value Fund Fund has given 21.75% annualized returns in the past three years and 23.59% in the last 5 years and 0.00% in the last 10 years. The Union Value Fund Fund comes under the Equity category of Union Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Union Value Fund via lump sum is ₹ 1000 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value).
Scheme Manager: Hardick Bora, Sanjay Bembalkar.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 265.56
1 Y Return (%)
: 39.73
Risko-Meter : Very High
Fund Performance: The Union Multicap Fund Fund has given 0.00% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The Union Multicap Fund Fund comes under the Equity category of Union Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Union Multicap Fund via lump sum is ₹ 1000 and via SIP is ₹ 500.
Scheme Objective: The Scheme seeks to achieve long term capital appreciation by investing in equity and equity related instruments of large, mid and small cap companies.
Scheme Manager: Hardick Bora, Sanjay Bembalkar.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 1006.47
1 Y Return (%)
: 37.90
Risko-Meter : Very High
Fund Performance: The Union Small Cap Fund Fund has given 23.49% annualized returns in the past three years and 32.45% in the last 5 years and 16.94% in the last 10 years. The Union Small Cap Fund Fund comes under the Equity category of Union Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Union Small Cap Fund via lump sum is ₹ 1000 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks to achieve long term capital appreciation by investing in a portfolio consisting of equity and equity related securities, predominantly of small and midsized companies.
Scheme Manager: Hardick Bora, Sanjay Bembalkar.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 1533.85
1 Y Return (%)
: 37.84
Risko-Meter : Very High
Fund Performance: The Union Large & Midcap Fund Fund has given 18.76% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The Union Large & Midcap Fund Fund comes under the Equity category of Union Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Union Large & Midcap Fund via lump sum is ₹ 1000 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks to generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies.
Union Mutual Fund
