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Union Income Plus Arbitrage Active FOF - Direct 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
TopFund Score: 57/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.13%
- AUM (15%)₹63 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Union Mutual Fund · Other · FoF Domestic
₹10.5
AUM: ₹62 Cr
NAV updated 24 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
0.13%
Exit Load
Nil
Fund Manager
Anindya Sarkar
Inception
Jun 2025
Sharpe Ratio
-1.03
Std Dev (1Y)
1.56%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.21%
3m
+2.08%
6m
+2.28%
1y
+5.15%
3y
—
5y
—
10y
—
since inception
+4.31%
TopFund's Take on Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option
Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option sits in the middle of the pack for FoF Domestic funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 57/100.
Cost: At 0.13%, the expense ratio is meaningfully cheaper — about 13% below the FoF Domestic category average of 0.15% (based on 45 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.03 — 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 1.56% is on the lower side for a FoF Domestic fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Other 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
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is ₹10.5. NAV is updated every business day after market close by AMFI.
1Y: 5.15%
The expense ratio of Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is 0.13% per annum. This is the annual fee charged by the fund to manage your investment.
Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is managed by Anindya Sarkar at Union Mutual Fund.
Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is a FoF Domestic fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is ₹63 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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