e.g. Tata motors, Reliance MF, 500570

Union Active Momentum Fund - Growth

Equity Large Cap Very High

NAV on (05 May 2026 )

₹8.76

(+0.69%)

Fund Size

₹389.6 Crores

1Y Returns

5.42 %

 

Earn 1% Higher Returns on Direct Funds

Invest  Top Funds
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum ? based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will be selected, weighted and rebalanced using proprietary screens. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

AMC

Union Asset Management Company Pvt. Ltd.

Fund Details

Launch Date

November 28, 2024

Fund Manager

Mr. Gaurav Chopra

Initial Price

10

AUM Fund

389.6 Cr

Min investment

Rs 1000

Expense Ratio

2.44%

SIP Minimum Investment

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.

Exit Load

1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.Nil if redeemed or switched out after completion of 1 year from the date of allotment of units.

1 Month

+12.31%

6 Months

+1.74%

1 Year

+5.42%

2 Years (CAGR)

NA

3 Years (CAGR)

NA

5 Years (CAGR)

NA

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
42.92% 106.62% ₹3935.83
42.16% 103.29% ₹3935.83
29.13% 105.27% ₹110.26
28.80% 0.00% ₹7304.61
28.80% 0.00% ₹7304.61

Holdings

Sector Allocation

Service 9.67%
Metals - Non Ferrous 6.08%
Mining 6.10%
Iron and Steel 11.37%
Chemicals 5.63%
Engineering 4.69%
Banks 20.99%
Finance 15.23%
Agriculture/Horticulture/Lives 2.69%
Petroleum 2.43%
Auto 2.31%
Personal Care 1.73%
Tyres 1.42%
Address
Unit No. 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai Maharashtra India 400059
Phone
+91 22 67483300
Fax
+91 22 67483402
Launch Date
November 28, 2024
Custodian
SBI-SG Global Securities Services Pvt. Ltd.
Registrar & Transfer Agent
Computer Age Management Services (P) Ltd.

Frequently Asked Questions

Q: What is the current NAV of Union Active Momentum Fund - Growth?

A: The latest NAV of Union Active Momentum Fund - Growth is ₹ 8.76 as on 05 May 2026.

Q: What type of mutual fund is Union Active Momentum Fund - Growth?

A: Union Active Momentum Fund - Growth is a 'Equity - Large Cap' type mutual fund managed by 'Union Asset Management Company Pvt. Ltd.'.

Q: What is the expense ratio of Union Active Momentum Fund - Growth?

A: The expense ratio of Union Active Momentum Fund - Growth is 2.44%, which impacts overall returns.

Q: Who manages Union Active Momentum Fund - Growth?

A: Union Active Momentum Fund - Growth is managed by Mr. Gaurav Chopra, who oversees investment strategy and portfolio decisions.

Q: Is Union Active Momentum Fund - Growth a good investment?

A: Union Active Momentum Fund - Growth 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 Active Momentum Fund - Growth?

A: The exit load of Union Active Momentum Fund - Growth is 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.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 Active Momentum Fund - Growth taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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