Union Multi Asset Allocation Fund- Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Strong capital defense: downside capture of 24% limits losses during market corrections.
- Generated +6.3% annualized alpha (excess return) over its benchmark.
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +3.81% | +3.61% | +0.20% |
| 3 Months | -0.49% | -1.36% | +0.87% |
| 6 Months | +2.85% | +1.77% | +1.08% |
| 1 Year | +6.97% | +6.58% | +0.39% |
| Since Inception | +9.58% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +3.11% | +2.90% | +0.21% |
| 2025 | +18.88% | +18.15% | +0.73% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -0.35% | +15.13% | +14.80% | +31.15% | 99.6% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2026-01-29 | 2026-03-23 | -12.5% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity Related Instruments | 65% - 80% of total assets, Debt and Money Market Instruments including units of debt oriented mutual fund schemes: 10% - 25% of total assets, Units of Gold / Silver /Commodity ETFs, ETCDs and any other mode of investment in commodities as permitted by SEBI from time to time: 10% - 25% of total assets and Units issued by InvITs: 0% - 10% of total assets. Please refer the Scheme Information Document for more details. |
Investment Objective & Strategy
The Scheme seeks to generate long-term capital appreciation by investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments, units of Gold Exchange Traded Funds (ETFs) and / or Silver ETFs and units of REITs & InvITs as per the asset allocation pattern of the Scheme. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 1,019 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Multi Asset Allocation schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Multi Asset Allocation Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Canara Robeco Multi Asset Allocation Fund | 4.8 | - | 2.32% | 31.4% | Rs 1,417 cr | Compare → |
| Bank of India Multi Asset Allocation Fund | 5.2 | - | 2.21% | 5.3% | Rs 375 cr | Compare → |
| Mirae Asset Multi Asset Allocation Fund | 5.9 | - | 2.13% | 17.1% | Rs 3,779 cr | Compare → |
| Bajaj Finserv Multi Asset Allocation Fund | 3.5 | - | 2.22% | 31.5% | Rs 1,982 cr | Compare → |
| Bandhan Multi Asset Allocation Fund | 6.4 | - | - | 12.0% | Rs 3,785 cr | Compare → |
Frequently Asked Questions about Union Multi Asset Allocation Fund
What is the expense ratio of Union Multi Asset Allocation Fund?
Union Multi Asset Allocation Fund has a total expense ratio (TER) of 2.39% with a base expense ratio of 1.84%, compared to the Multi Asset Allocation category median of 2.13%.
Who manages Union Multi Asset Allocation Fund?
Union Multi Asset Allocation Fund is managed by Sanjay Bembalkar.
What are the historical returns of Union Multi Asset Allocation Fund?
Union Multi Asset Allocation Fund has a 1-year return of +6.97%.
How large is Union Multi Asset Allocation Fund?
Union Multi Asset Allocation Fund manages assets of Rs 1,019 cr, placing it in the 'comfortable' size band relative to Multi Asset Allocation peers.
How is Union Multi Asset Allocation Fund scored on MFIQ?
Union Multi Asset Allocation Fund holds an MFIQ Score of 4.2/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Union Multi Asset Allocation Fund?
Union Multi Asset Allocation Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 13.53% with a maximum historical drawdown of -12.55%.