Union Active Momentum Fund
- NAV as on 9 Nov 2026
- ₹9.83+1.87%1 day
- Return since launch
- -2.0%
- 52-week range
- ₹7.58 — ₹10.21
- AUM
- ₹543 Cr
Union Active Momentum Fund is a Quant equity fund from Union Mutual Fund with ₹543 Cr under management, launched in 2024. The expense ratio is 3.71% and the SEBI riskometer reading is Very High.
Performance
Union Active Momentum Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +14.6% against -0.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 17.8% | +15.9 pts | 1.8% | 2.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.5% | −6.9 pts | 4.5% | 5.4% |
| 3M | -0.3% | +2.3 pts | -2.6% | -2.5% |
| 6M | 10.9% | +8.5 pts | 2.5% | 1.6% |
| 1Y | 13.8% | +12.0 pts | 1.8% | -0.1% |
Since launch (28 Nov 2024): -2.0%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -15.0% | −17.7 pts | 2.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
3.89%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.08%
- Brokerage
- 0.41%
- Transaction charges
- 0.03%
- Statutory levies
- 1.37%
- Exit load
- 1% for redemption within 1 Year
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Union Active Momentum Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity90.2%
- Debt0.2%
- Other9.6%
Market cap split
- Large8.0%
- Mid21.6%
- Small70.4%
- P/E
- 38.02
- P/B
- 6.05
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 9.59% | ₹52.00 Cr | -0.78% | -0.56% | -0.42% |
| Welspun Corp Ltd. | Metals & Mining | 4.11% | ₹22.28 Cr | — | — | — |
| Sansera Engineering Ltd. | Automobile | 3.30% | ₹17.91 Cr | +2.60% | — | — |
| Avalon Technologies Ltd. | Capital Goods | 3.05% | ₹16.55 Cr | +2.01% | — | — |
| IOL Chemicals And Pharmaceuticals Ltd. | Healthcare | 3.03% | ₹16.43 Cr | — | — | — |
| Shilpa Medicare Ltd. | Healthcare | 2.99% | ₹16.20 Cr | — | — | — |
| Laurus Labs Ltd. | Healthcare | 2.82% | ₹15.30 Cr | +2.74% | — | +2.67% |
| Sona BLW Precision Forgings Ltd. | Automobile | 2.80% | ₹15.17 Cr | — | — | — |
| Chennai Petroleum Corporation Ltd. | Energy | 2.79% | ₹15.15 Cr | — | — | — |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | 2.78% | ₹15.09 Cr | — | — | — |
| Ather Energy Ltd. | Automobile | 2.69% | ₹14.58 Cr | +2.65% | — | — |
| Tourism Finance Corporation Of India Ltd. | Financial | 2.69% | ₹14.62 Cr | — | — | — |
| Navin Fluorine International Ltd. | Chemicals | 2.68% | ₹14.55 Cr | +2.54% | +2.97% | — |
| Craftsman Automation Ltd. | Automobile | 2.67% | ₹14.48 Cr | +2.50% | +1.76% | — |
| E2E Networks Ltd. | Technology | 2.66% | ₹14.46 Cr | — | — | — |
| Anand Rathi Wealth Ltd. | Financial | 2.64% | ₹14.33 Cr | — | — | +1.86% |
| Belrise Industries Ltd. | Automobile | 2.64% | ₹14.32 Cr | +2.38% | — | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 2.64% | ₹14.35 Cr | — | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 2.56% | ₹13.91 Cr | — | — | +2.41% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.54% | ₹13.78 Cr | — | — | +2.65% |
| FSN E-Commerce Ventures Ltd. | Services | 2.53% | ₹13.73 Cr | — | +2.71% | — |
| R R Kabel Ltd. | Consumer Discretionary | 2.53% | ₹13.74 Cr | +2.55% | — | — |
| Inox India Ltd. | Metals & Mining | 2.48% | ₹13.45 Cr | — | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.44% | ₹13.26 Cr | +2.42% | — | — |
| Marico Ltd. | Consumer Staples | 2.37% | ₹12.87 Cr | — | — | +2.70% |
| Sai Life Sciences Ltd. | Healthcare | 2.36% | ₹12.80 Cr | +2.62% | — | — |
| The Federal Bank Ltd. | Financial | 2.35% | ₹12.76 Cr | — | +2.87% | — |
| Himadri Speciality Chemical Ltd. | Chemicals | 2.34% | ₹12.68 Cr | — | — | — |
| Bharat Forge Ltd. | Automobile | 2.33% | ₹12.64 Cr | +2.60% | — | — |
| Shaily Engineering Plastics Ltd. | Materials | 2.31% | ₹12.54 Cr | — | — | — |
| The Karnataka Bank Ltd. | Financial | 2.29% | ₹12.45 Cr | — | — | — |
| Astra Microwave Products Ltd. | Communication | 2.27% | ₹12.29 Cr | — | — | — |
| Adani Energy Solutions Ltd. | Energy | 2.22% | ₹12.03 Cr | +2.44% | — | — |
| Garware Hi-Tech Films Ltd. | Materials | 1.84% | ₹9.99 Cr | — | — | — |
| Aster DM Quality Care Ltd. | Healthcare | 1.75% | ₹9.48 Cr | — | — | — |
| Aether Industries Ltd. | Chemicals | 1.71% | ₹9.27 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.10% | ₹0.52 Cr | +0.06% | +0.08% | +0.08% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Ather Energy Ltd. | 3.28% | 2.69% | -0.59% |
| R R Kabel Ltd. | 2.98% | 2.53% | -0.45% |
| Welspun Corp Ltd. | 3.66% | 4.11% | +0.45% |
| Sansera Engineering Ltd. | 2.96% | 3.30% | +0.34% |
| The Federal Bank Ltd. | 2.68% | 2.35% | -0.33% |
| FSN E-Commerce Ventures Ltd. | 2.80% | 2.53% | -0.27% |
| Apollo Hospitals Enterprise Ltd. | 2.80% | 2.54% | -0.26% |
| Bharat Forge Ltd. | 2.58% | 2.33% | -0.25% |
| Shilpa Medicare Ltd. | 2.74% | 2.99% | +0.25% |
| Craftsman Automation Ltd. | 2.91% | 2.67% | -0.24% |
| Adani Energy Solutions Ltd. | 2.42% | 2.22% | -0.20% |
| Shaily Engineering Plastics Ltd. | 2.50% | 2.31% | -0.19% |
| Navin Fluorine International Ltd. | 2.86% | 2.68% | -0.18% |
| Aster DM Quality Care Ltd. | 1.92% | 1.75% | -0.17% |
| Torrent Pharmaceuticals Ltd. | 2.61% | 2.44% | -0.17% |
| IOL Chemicals And Pharmaceuticals Ltd. | 2.87% | 3.03% | +0.16% |
| Avalon Technologies Ltd. | 3.19% | 3.05% | -0.14% |
| Anand Rathi Wealth Ltd. | 2.78% | 2.64% | -0.14% |
| Marico Ltd. | 2.51% | 2.37% | -0.14% |
| Inox India Ltd. | 2.61% | 2.48% | -0.13% |
| Radico Khaitan Ltd. | 2.67% | 2.56% | -0.11% |
| Chennai Petroleum Corporation Ltd. | 2.69% | 2.79% | +0.10% |
| E2E Networks Ltd. | 2.57% | 2.66% | +0.09% |
| The Karnataka Bank Ltd. | 2.37% | 2.29% | -0.08% |
| Sai Life Sciences Ltd. | 2.29% | 2.36% | +0.07% |
| Astra Microwave Products Ltd. | 2.33% | 2.27% | -0.06% |
| Belrise Industries Ltd. | 2.58% | 2.64% | +0.06% |
| Laurus Labs Ltd. | 2.76% | 2.82% | +0.06% |
| Garware Hi-Tech Films Ltd. | 1.90% | 1.84% | -0.06% |
| Others | -0.35% | -0.30% | +0.05% |
| Himadri Speciality Chemical Ltd. | 2.30% | 2.34% | +0.04% |
| Sona BLW Precision Forgings Ltd. | 2.77% | 2.80% | +0.03% |
| Sky Gold And Diamonds Ltd. | 2.80% | 2.78% | -0.02% |
| Diamond Power Infrastructure Ltd. | 2.63% | 2.64% | +0.01% |
| Aether Industries Ltd. | 1.72% | 1.71% | -0.01% |
| Reserve Bank of India | 0.10% | 0.10% | 0.00% |
| Tourism Finance Corporation Of India Ltd. | 2.69% | 2.69% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹669 Cr | 2.54% | 7.8% | 5.6% | 12.3% |
 Quant Quantamental Fund | ₹1,547 Cr | 2.75% | 8.6% | 6.5% | 14.1% |
 Samco Active Momentum Fund | ₹775 Cr | 3.40% | 21.2% | 6.8% | — |
 360 ONE Quant Fund | ₹751 Cr | 2.45% | -1.8% | 2.6% | — |
 ICICI Prudential Quant Fund | ₹164 Cr | 2.83% | 6.3% | 5.9% | 10.4% |
 Nippon India Quant Fund | ₹108 Cr | 1.27% | 4.8% | 6.1% | 12.3% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks 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.
Fund managers
- Gaurav ChopraMr. Chopra has done B.Com, Chartered Accountant and CFA (Level III cleared)Prior to joining Union Mutual Fund, he was associated with Centrum Portfolio Management Services- Centrum Broking Ltd., Barclays Wealth Trustees (India) Pvt. Ltd. and Sharp & Tanan Associates
- Sanjay BembalkarMr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months10.95% absolute | ₹60,000 | ₹66,570 | 10.95% | |
| 1 year13.77% annualised | ₹1,20,000 | ₹1,29,338 | 7.78% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.