Union Retirement Fund Direct - IDCW
(Scheme Rating)
NAV as of Oct 20, 2025
16.790.30%
(Earn upto 1.28% Extra Returns with Direct Plan)
Fund Category:
Equity: Flexi Cap
Expense Ratio:
1.11%(0.66% Category
average)Fund Size:
Rs. 177.93 Cr(0.03% of Investment in Category)
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Union Retirement Fund Direct - IDCW
(Scheme Rating)
NAV as of Oct 20, 2025
16.790.30%
Expense Ratio:
1.11%
Fund Size:
Rs. 177.93 Cr
Fund Category:
Equity: Flexi Cap
1. Current NAV: The Current Net Asset Value of the Union Retirement Fund - Direct Plan as of Oct 20, 2025 is Rs 16.79 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 1.91% (1yr), 19.01% (3yr) and 17.97% (since launch). Whereas, Category returns for the same time duration are: -1.86% (1yr), 16.73% (3yr) and 19.21% (5yr).
3. Fund Size: The Union Retirement Fund - Direct Plan currently holds Assets under Management worth of Rs 174.5 crore as on Aug 31, 2025.
4. Expense ratio: The expense ratio of the fund is 1.11% for Direct plan as on Oct 09, 2025.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
Union Retirement Fund Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.48 3.13 11.93 3.49 19.23 - Category Avg 0.62 1.99 9.95 0.09 17.04 19.69 Rank within Category 67 24 27 30 27 - No. of funds within Category 118 112 104 97 75 56 - Loading...
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Return Comparison
- This Fund
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Union Retirement Fund Direct - IDCW Fund Details
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 House | Union Mutual Fund |
| Launch Date | Sep 22, 2022 |
| Benchmark | BSE 500 Total Return Index |
| Return Since Launch | 18.33% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Below Average |
| Return Grade | Average |
Union Retirement Fund Direct - IDCW Investment Details
| Minimum Investment (Rs.) | 1,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| SEP 2025 | AUG 2025 | JUL 2025 | JUN 2025 | MAY 2025 | APR 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 76 | 79 | 80 | 77 | 79 | 77 |
| Top 5 Company Holdings | 21.28% | 22.72% | 23.63% | 24.18% | 24.71% | 25.53% |
| Top 10 Company Holdings | 31.49% | 33.06% | 34.1% | 34.96% | 35.88% | 36.56% |
| Company with Highest Exposure | HDFC Bank (6.95%) | HDFC Bank (7.53%) | HDFC Bank (7.95%) | HDFC Bank (7.79%) | HDFC Bank (7.98%) | HDFC Bank (8.27%) |
| Number of Sectors | 14 | 15 | 15 | 15 | 15 | 15 |
| Top 3 Sector Holdings | 51.47% | 49.64% | 48.81% | 47.65% | 47.11% | 44.34% |
| Top 5 Sector Holdings | 65.15% | 64.95% | 63.45% | 61.86% | 61.01% | 58.74% |
| Sector with Highest Exposure | Financial (29.37%) | Financial (29.07%) | Financial (29.58%) | Financial (29.81%) | Financial (29.63%) | Financial (27.47%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 6.95 21.62 47.10 16.07 ICICI Bank Financial 5.93 18.48 74.61 10.44 Reliance Industries Energy 3.27 23.90 61.41 9.43 Infosys Technology 2.78 22.78 67.70 -21.40 Tata Consumer Products Consumer Staples 2.35 88.29 13.36 15.74 Bharat Electronics Capital Goods 2.16 55.95 7.52 55.44 State Bank of India Financial 2.16 10.63 86.06 15.54 Larsen & Toubro Construction 2.06 34.28 115.36 12.53 Muthoot Finance Financial 1.92 20.37 153.30 70.11 Mphasis Technology 1.91 30.73 91.42 -12.18
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Union Retirement Fund Direct - IDCW 16.79 177.93 0.48 3.49 19.23 - ICICI Prudential India Equity FOF Direct-IDCW 25.52 228.68 0.87 3.83 22.54 27.56 Invesco India Focused Fund Direct-IDCW 24.99 4,201.89 -1.03 -0.32 25.64 24.71 HDFC Focused Fund Direct-IDCW 34.66 23,532.98 1.09 10.01 24.48 30.77 HDFC Flexi Cap Direct Plan-IDCW 99.06 85,559.59 1.11 9.15 24.26 29.94
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.41VS12.95Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.91VS0.92Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.92VS0.84Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
12.53VS11.65Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
2.68VS1.77Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
17.69VS16.93Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Union Mutual Fund News
- NFO Update: Union Mutual Fund launches Union Diversified Equity All Cap Active FoF
- NFO Alert: Union Mutual Fund launches low duration fund
- Market to perform well in mid-long term; small & midcaps attractive post dips: Harshad Patwardhan
- NFO Alert: Union Mutual Fund launches Income Plus Arbitrage Active FOF
Fund Manager
- P.D.Pratik DharmshiSince Dec 20247 schemes
Mr. Dharmshi has done B. Com & CA Prior to joining Edelweiss AMC, he was associated with JP Morgan India Pvt. Ltd., CRISIL Ltd. & Morgan Stanley Advantage Services Pvt. Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Union Midcap Fund Direct-IDCW Mid Cap 52.92 1,550.58 3.56 Union Largecap Fund Direct-IDCW Large Cap 25.82 461.46 3.10 Union Small Cap Fund Direct-IDCW Small Cap 41.62 1,710.49 -2.14 Union Focused Fund Direct-IDCW Flexi Cap 27.76 419.20 3.41 Union Large & Midcap Fund Direct-IDCW Large & MidCap 28.39 914.13 3.59 Union Diversified Equity All Cap Active FoF Direct - IDCW Flexi Cap 10.04 Unrated 196.36 - Union Business Cycle Fund Direct - IDCW Thematic-Business Cycle 11.82 Unrated 559.57 1.02
More Union Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Union Liquid Fund Direct-Growth | 4,537.81 | 0.48 | 1.47 | 3.34 | 7.01 | 7.10 | |
| Union Flexi Cap Fund Direct-Growth | 2,344.43 | 0.37 | 0.53 | 14.60 | -0.56 | 15.99 | |
| Union Small Cap Fund Direct-Growth | 1,681.61 | 0.72 | 4.07 | 21.69 | -2.09 | 18.12 | |
| Union Midcap Fund Direct - Growth | 1,502.53 | 1.44 | 2.11 | 19.73 | 0.21 | 19.72 | |
| Union Balanced Advantage Fund Direct - Growth | 1,371.61 | 0.32 | 1.35 | 9.23 | 2.64 | 11.08 | |
| Union Multicap Fund Direct - Growth | 1,165.36 | 0.80 | 2.32 | 16.29 | -1.33 | - | |
| Union Innovation & Opportunities Fund Direct - Growth | 1,015.12 | 3.05 | 6.67 | 20.99 | 4.35 | - | |
| Union ELSS Tax Saver Fund Direct-Growth | 908.22 | 1.13 | 2.44 | 15.54 | -0.47 | 16.06 | |
| Union Large & Midcap Fund Direct - Growth | 887.44 | 1.44 | 2.00 | 16.67 | -0.04 | 16.44 | |
| Union Multi Asset Allocation Fund Direct-Growth | 771.94 | 1.67 | 2.82 | 13.37 | - | - |
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1. Union Retirement Fund - Direct Plan is Open-ended Flexi Cap Equity scheme which belongs to Union Mutual Fund House.
2. The fund was launched on Sep 22, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against BSE 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 97.48% in equities, 0.08% in debts and 2.44% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 33.06% of the assets, the top 3 sectors constitute around 49.64% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Union Retirement Fund Direct - IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Union Retirement Fund Direct - IDCW
- Is it safe to invest in Union Retirement Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Union Retirement Fund - Direct Plan comes under Very High risk category.
- What is the category of Union Retirement Fund - Direct Plan?Union Retirement Fund - Direct Plan belongs to the Equity : Flexi Cap category of funds.
- How Long should I Invest in Union Retirement Fund - Direct Plan?The suggested investment horizon of investing into Union Retirement Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Union Retirement Fund - Direct Plan?The Union Retirement Fund - Direct Plan is managed by Pratik Dharmshi (Since Dec 09, 2024).
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