NAV on (11 May 2026 )
₹14.87 ▼
(-0.34%)
Fund Size
₹972.08 Crores
1Y Returns
17.36 %
The Investment Objective of the Scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Union Asset Management Company Pvt. Ltd.
Launch Date
August 16, 2023
Fund Manager
Mr. Gaurav Chopra
Initial Price
10
AUM Fund
972.08 Cr
Min investment
Rs 1000
Expense Ratio
0.87%
Daily - Rs. 100 and in multiples of Re. 1 thereafter. Minimum period of 6 installments.Weekly - Rs. 500 and in multiples of Re. 1 thereafter. Minimum period of 6 installments.Fortnightly - Rs. 500 and in multiples of Re. 1 thereafter. Minimum period of 6 installments.Monthly - Rs. 500 and in multiples of Re. 1 thereafter. Minimum period of 6 installments.
1% if units are redeemed/switched out on or before completion of 1 year from the date of allotment.Nil if redeemed or switched out after completion of 1 year from the date of allotment of units.
1 Month
+7.29%
6 Months
-1.52%
1 Year
+17.36%
2 Years (CAGR)
+13.51%
3 Years (CAGR)
NA
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 44.66% | 108.48% | ₹3935.83 | |
| 43.90% | 105.13% | ₹3935.83 | |
| 32.16% | 0.00% | ₹7304.61 | |
| 32.16% | 0.00% | ₹7304.61 | |
| 31.44% | 0.00% | ₹330.45 |
Q: What is the current NAV of Union Innovation & Opportunities Fund - Direct Plan - IDCW?
A: The latest NAV of Union Innovation & Opportunities Fund - Direct Plan - IDCW is ₹ 14.87 as on 11 May 2026.
Q: What type of mutual fund is Union Innovation & Opportunities Fund - Direct Plan - IDCW?
A: Union Innovation & Opportunities Fund - Direct Plan - IDCW is a 'Equity - Large Cap' type mutual fund managed by 'Union Asset Management Company Pvt. Ltd.'.
Q: What is the expense ratio of Union Innovation & Opportunities Fund - Direct Plan - IDCW?
A: The expense ratio of Union Innovation & Opportunities Fund - Direct Plan - IDCW is 0.87%, which impacts overall returns.
Q: Who manages Union Innovation & Opportunities Fund - Direct Plan - IDCW?
A: Union Innovation & Opportunities Fund - Direct Plan - IDCW is managed by Mr. Gaurav Chopra, who oversees investment strategy and portfolio decisions.
Q: Is Union Innovation & Opportunities Fund - Direct Plan - IDCW a good investment?
A: Union Innovation & Opportunities Fund - Direct Plan - IDCW may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Union Innovation & Opportunities Fund - Direct Plan - IDCW?
A: The exit load of Union Innovation & Opportunities Fund - Direct Plan - IDCW is 1% if units are redeemed/switched out on or before completion of 1 year from the date of allotment.Nil if redeemed or switched out after completion of 1 year from the date of allotment of units., applicable if redeemed within the specified period.
Q: How is Union Innovation & Opportunities Fund - Direct Plan - IDCW taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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