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Union Multi Asset Allocation Fund- 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%)3/5
- 3Y CAGR (30%)—
- Expense ratio (20%)1.29%
- AUM (15%)₹997 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Union Mutual Fund · Hybrid · Multi Asset Allocation
₹12.55
AUM: ₹997 Cr
NAV updated 24 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
1.29%
Exit Load
Exit load of 1%, if redeemed within 15 days.
Fund Manager
Anindya Sarkar
Inception
Sep 2024
Sharpe Ratio
0.53
Std Dev (1Y)
13.35%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.08%
3m
+4.41%
6m
-0.71%
1y
+14.72%
3y
—
5y
—
10y
—
since inception
+11.82%
TopFund's Take on Union Multi Asset Allocation Fund- Direct Plan - Growth Option
Union Multi Asset Allocation Fund- Direct Plan - Growth Option sits in the middle of the pack for Multi Asset Allocation funds, currently carrying a 3-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 1.29%, the expense ratio runs 108% above the Multi Asset Allocation category average of 0.62%. 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 moderate Sharpe ratio of 0.53 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 13.35% is fairly typical for Multi Asset Allocation funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
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 Multi Asset Allocation Fund- Direct Plan - Growth Option
The current NAV (Net Asset Value) of Union Multi Asset Allocation Fund- Direct Plan - Growth Option is ₹12.55. NAV is updated every business day after market close by AMFI.
1Y: 14.72%
The expense ratio of Union Multi Asset Allocation Fund- Direct Plan - Growth Option is 1.29% per annum. This is the annual fee charged by the fund to manage your investment.
Union Multi Asset Allocation Fund- Direct Plan - Growth Option is managed by Anindya Sarkar at Union Mutual Fund.
Union Multi Asset Allocation Fund- Direct Plan - Growth Option is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Union Multi Asset Allocation Fund- Direct Plan - Growth Option is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Union Multi Asset Allocation Fund- 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 Multi Asset Allocation Fund- Direct Plan - Growth Option is ₹997 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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