Union Innovation & Opportunities Fund - Direct Plan - IDCW

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Sectoral/Thematic

Fund House : Union Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 14.99 -1.9%
(as on 06th November, 2025)

Crisil Rating

Not Rated

Rank not available for the fund

Fund Size

: ₹ 1068.2 Cr

(0.21% of Investment in Category)

Expense Ratio

: 0.67%

(0.89% Category average)

Risk-O-Meter

Very High Risk

Sectoral/Thematic :Sectoral/Thematic : The fund has 95.69% investment in domestic equities of which , 14.76% is in Mid Cap stocks, 18.88% in Small Cap stocks.The fund has 0.06% investment in Debt, of which 0.06% in Government securities.

Suitable For : Investors who have advanced knowledge of macro trends and prefer to take selective bets for higher returns compared to other Equity funds. At the same time, these investors should also be ready for possibility of moderate to high losses in their investments even though overall market is performing better.

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This Scheme

VS

Benchmark
Nifty 500 TRI

1.56%

3.96%

7.88%

3.12%

18.16%

19.77%

12.6%
NA
0.99%

4.17%

10.1%

2.84%

20.77%

22.87%

13.84%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 06th November, 2025)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	30-Oct-25	9746.40	-2.54%	-	-1.28%	222/229
1 Month	06-Oct-25	9894.40	-1.06%	-	0.99%	211/226
3 Month	06-Aug-25	10489.90	4.90%	-	4.17%	68/224
6 Month	06-May-25	11803.10	18.03%	-	10.10%	16/213
YTD	01-Jan-25	9861.80	-1.38%	-	4.45%	147/201
1 Year	06-Nov-24	10246.10	2.46%	2.46%	2.84%	93/187
2 Year	06-Nov-23	15202.80	52.03%	23.26%	20.77%	43/141
Since Inception	06-Sep-23	14990.00	49.90%	20.51%	13.84%	37/199

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 06th November, 2025)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	06-Nov-24	12000	12940.77	7.84 %	14.76 %
2 Year	06-Nov-23	24000	28238.48	17.66 %	16.45 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Portfolio (Updated on 30th Sep,2025)

Portfolio Turnover Ratio : 52.00% | Category average turnover ratio is 203.09%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 95.69% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.69%

No of Stocks : 48 (Category Avg - 44.42) | Large Cap Investments : 0%| Mid Cap Investments : 14.76% | Small Cap Investments : 18.88% | Other : 62.05%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Eternal Ltd.	E-retail/ e-commerce	619.6	5.80%	0.32%	5.8% (Sep 2025)	3.1% (May 2025)	19.04 L	1.01 L
GE T&D India Ltd.	Heavy electrical equipment	506	4.74%	0.14%	4.74% (Sep 2025)	0% (Oct 2024)	1.71 L	0.00
Info Edge (India) Ltd.	Internet & catalogue retail	386.3	3.62%	-0.26%	5.44% (Nov 2024)	3.62% (Sep 2025)	2.95 L	0.00
TVS Motor Company Ltd.	2/3 wheelers	381	3.57%	0.05%	3.57% (Sep 2025)	1.58% (Dec 2024)	1.11 L	0.00
Affle India Ltd.	It enabled services	361.4	3.38%	-0.05%	3.71% (Jun 2025)	1.99% (Oct 2024)	1.86 L	0.00
Ami Organics Ltd.	Pharmaceuticals	320.1	3.00%	-0.31%	3.49% (Feb 2025)	2.78% (Jun 2025)	2.43 L	0.00
PB Fintech Ltd.	Financial technology (fintech)	314.2	2.94%	-0.71%	3.65% (Aug 2025)	2.48% (Oct 2024)	1.85 L	-0.28 L
FSN E-Commerce Ventures Ltd.	E-retail/ e-commerce	305.2	2.86%	-0.07%	2.93% (Aug 2025)	1.52% (Dec 2024)	13.13 L	0.00
CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	294.7	2.76%	0.08%	2.76% (Sep 2025)	1.98% (Oct 2024)	3.98 L	0.00
UNO Minda Ltd.	Auto components & equipments	287.3	2.69%	-0.05%	2.74% (Aug 2025)	1.43% (Jan 2025)	2.21 L	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 1 (Category Avg - 0.85) | Modified Duration 0.00 Years (Category Avg - 0.00)| Yield to Maturity - -- (Category Avg - 0.00%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	0.00%	0.02%
T-Bills	0.06%	0.36%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	0.06%	0.37%
Low Risk	0.00%	0.00%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	4.50%
Net Receivables	Net Receivables	-0.25%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 01st January, 1970)

No data available. Ratios are only available for the funds which are 3 years old.

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Nippon India Taiwan Equity Fund - Direct Plan - Growth	NA	406.67	1.52	24.35	61.47	45.03	41.90
Aditya Birla Sun Life International Equity Fund - Direct Plan - Growth	NA	266.19	-1.39	4.64	20.48	28.76	18.93
Nippon India Japan Equity Fund - Direct Plan - Growth	NA	289.73	-0.94	6.74	17.93	22.02	20.35
Franklin Asian Equity Fund - Direct - Growth	NA	279.13	2.25	12.39	24.69	21.55	17.31
HDFC Transportation and Logistics Fund - Direct Plan - Growth	NA	1651.55	-0.13	10.94	26.44	18.75	0.00
Quant BFSI Fund - Direct Plan - Growth	NA	655.17	2.41	5.42	21.39	16.51	0.00
DSP Banking & Financial Services Fund - Direct Plan - Growth	NA	1419.62	2.30	6.59	10.36	15.94	0.00
ITI Banking and Financial Services Fund - Direct Plan - Growth	NA	311.03	3.61	6.95	9.73	15.89	15.61
SBI Banking & Financial Services Fund - Direct Plan - Growth	NA	8693.07	1.94	5.57	11.70	14.86	20.45
Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth	NA	2014.27	3.03	5.08	10.20	13.32	18.93

Detailed Comparison

More Funds from Union Mutual Fund

Out of 32 mutual fund schemes offered by this AMC, 1 is/are ranked 4 * , 8 is/are ranked 3 * , 6 is/are ranked 2 * , and 17 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Union Liquid Fund - Direct Plan - Growth	4	5008.37	0.48	1.47	3.05	6.78	7.11
Union Flexi Cap Fund - Direct Plan - Growth	3	2338.33	-0.03	3.08	7.43	3.30	15.94
Union Flexi Cap Fund - Direct Plan - Growth	3	2338.33	-0.03	3.08	7.43	3.30	15.94
Union Small Cap Fund - Direct Plan - Growth	2	1710.49	0.18	3.65	17.54	-1.84	17.75
Union Midcap Fund - Direct Plan - Growth	3	1550.58	0.23	4.16	14.15	5.02	20.21
Union Balanced Advantage Fund - Direct Plan - Growth	NA	1345.26	0.91	2.73	5.66	5.81	11.55
Union Multicap Fund - Direct Plan - Growth	NA	1274.59	1.14	4.54	12.43	2.75	0.00
Union Innovation & Opportunities Fund - Direct Plan - Growth	NA	1068.20	-1.06	4.90	18.03	2.46	0.00
Union Large and Mid Cap Fund - Direct Plan - Growth	3	914.13	0.11	3.71	10.87	4.06	16.50
Union ELSS Tax Saver Fund - Direct Plan - Growth	3	895.16	0.55	3.54	9.94	2.86	15.86