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Union Mutual Fund

Union Business Cycle Fund - Regular Plan - Growth Option

★★★★★ TopFund est.

TopFund Score (fallback rating)

  • Calculated by: TopFund — used only when no third-party rating exists for this fund
  • Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis

Full rating methodology →

TopFund Score: 25/100 · Weak

How this score is calculated

  • Star rating (35%)1/5
  • 3Y CAGR (30%)—
  • Expense ratio (20%)1.86%
  • AUM (15%)₹518 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Union Mutual Fund · Equity · Thematic

₹12.08

+0.4 (+3.42%)

AUM: ₹517 Cr

NAV updated 7 days ago

Plan

Regular

Option

Growth

Risk

Very High

Expense Ratio

1.86%

Exit Load

Exit load of 1%, if redeemed within 1 year.

Fund Manager

Harshad Patwardhan

Inception

Mar 2024

Benchmark

NIFTY 500 Total Return Index

Sharpe Ratio

-0.05

Std Dev (1Y)

15.48%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-1.71%

3m

+0.25%

6m

+9.92%

1y

+2.98%

3y

—

5y

—

10y

—

since inception

+6.44%

TopFund's Take on Union Business Cycle Fund - Regular Plan - Growth Option

Union Business Cycle Fund - Regular Plan - Growth Option lags behind most of its peers in the Thematic category, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 25/100.

Cost: At 1.86%, the expense ratio runs 88% above the Thematic category average of 0.99%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.05 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 15.48% is fairly typical for Thematic funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Equity 95.73%
Repo 4.06%
Net Receivables 0.10%
Treasury Bills 0.08%
Preference Shares 0.03%

Frequently Asked Questions about Union Business Cycle Fund - Regular Plan - Growth Option

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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