Union Active Momentum Fund
- NAV as on 24 Sep 2026
- ₹10.08-1.27%1 day
- Return since launch
- 1.1%
- 52-week range
- ₹7.58 — ₹10.21
- AUM
- ₹536 Cr
Union Active Momentum Fund is a Quant equity fund from Union Mutual Fund with ₹536 Cr under management, launched in 2024. The expense ratio is 3.87% 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 +18.7% against -0.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 28.2% | +25.2 pts | 2.9% | -2.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 2.1% | +5.8 pts | -3.7% | -3.9% |
| 3M | 5.1% | +5.8 pts | -0.7% | -1.1% |
| 6M | 26.2% | +18.2 pts | 8.0% | 5.2% |
| 1Y | 18.7% | +15.8 pts | 2.9% | -0.2% |
Since launch (28 Nov 2024): 1.1%
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
3.99%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.08%
- Brokerage
- 0.43%
- Transaction charges
- 0.03%
- Statutory levies
- 1.45%
- 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 31 Aug 2026
Asset allocation
- Equity92.7%
- Debt0.1%
- Other7.2%
Market cap split
- Large8.4%
- Mid22.3%
- Small69.2%
- P/E
- 39.39
- P/B
- 6.24
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 7.17% | ₹38.48 Cr | -0.70% | +1.96% | -0.52% |
| Welspun Corp Ltd. | Metals & Mining | 3.66% | ₹19.61 Cr | — | — | +2.66% |
| Ather Energy Ltd. | Automobile | 3.28% | ₹17.57 Cr | — | — | — |
| Avalon Technologies Ltd. | Capital Goods | 3.19% | ₹17.10 Cr | — | — | — |
| R R Kabel Ltd. | Consumer Discretionary | 2.98% | ₹15.98 Cr | — | — | — |
| Sansera Engineering Ltd. | Automobile | 2.96% | ₹15.86 Cr | +2.47% | — | — |
| Craftsman Automation Ltd. | Automobile | 2.91% | ₹15.57 Cr | — | +1.74% | — |
| IOL Chemicals And Pharmaceuticals Ltd. | Healthcare | 2.87% | ₹15.37 Cr | — | — | — |
| Navin Fluorine International Ltd. | Chemicals | 2.86% | ₹15.31 Cr | +2.50% | +2.76% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.80% | ₹15.01 Cr | — | — | — |
| company:15443 | Consumer Discretionary | 2.80% | ₹15.02 Cr | — | — | — |
| company:17084 | Services | 2.80% | ₹15.00 Cr | — | +2.81% | — |
| Anand Rathi Wealth Ltd. | Financial | 2.78% | ₹14.89 Cr | +2.24% | — | — |
| company:16550 | Automobile | 2.77% | ₹14.86 Cr | — | — | — |
| Laurus Labs Ltd. | Healthcare | 2.76% | ₹14.80 Cr | +2.60% | — | +3.45% |
| Shilpa Medicare Ltd. | Healthcare | 2.74% | ₹14.69 Cr | — | — | — |
| company:2216 | Energy | 2.69% | ₹14.43 Cr | — | — | — |
| company:3992 | Financial | 2.69% | ₹14.41 Cr | — | — | — |
| company:1102 | Financial | 2.68% | ₹14.34 Cr | — | +3.04% | — |
| company:6880 | Consumer Staples | 2.67% | ₹14.28 Cr | — | — | — |
| company:927 | Capital Goods | 2.63% | ₹14.07 Cr | — | — | — |
| Inox India Ltd. | Metals & Mining | 2.61% | ₹13.98 Cr | — | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.61% | ₹14.00 Cr | — | — | — |
| Belrise Industries Ltd. | Automobile | 2.58% | ₹13.84 Cr | — | — | — |
| Bharat Forge Ltd. | Automobile | 2.58% | ₹13.81 Cr | — | — | — |
| company:15256 | Technology | 2.57% | ₹13.75 Cr | — | — | — |
| company:2290 | Consumer Staples | 2.51% | ₹13.42 Cr | — | — | — |
| company:6724 | Materials | 2.50% | ₹13.39 Cr | — | — | — |
| Adani Energy Solutions Ltd. | Energy | 2.42% | ₹12.97 Cr | +2.63% | — | — |
| company:4721 | Financial | 2.37% | ₹12.68 Cr | — | — | — |
| Astra Microwave Products Ltd. | Communication | 2.33% | ₹12.51 Cr | — | — | — |
| company:1489 | Chemicals | 2.30% | ₹12.33 Cr | — | — | — |
| Sai Life Sciences Ltd. | Healthcare | 2.29% | ₹12.25 Cr | +2.45% | — | — |
| Aster DM Quality Care Ltd. | Healthcare | 1.92% | ₹10.28 Cr | — | — | — |
| company:1218 | Materials | 1.90% | ₹10.16 Cr | — | — | — |
| company:17629 | Chemicals | 1.72% | ₹9.23 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.10% | ₹0.51 Cr | +0.06% | +0.07% | +0.08% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:15443 | 0.00% | 2.80% | +2.80% |
| company:17084 | 0.00% | 2.80% | +2.80% |
| company:16550 | 0.00% | 2.77% | +2.77% |
| company:2216 | 0.00% | 2.69% | +2.69% |
| company:3992 | 0.00% | 2.69% | +2.69% |
| company:1102 | 0.00% | 2.68% | +2.68% |
| company:6880 | 0.00% | 2.67% | +2.67% |
| company:927 | 0.00% | 2.63% | +2.63% |
| Rashi Peripherals Ltd. | 2.62% | 0.00% | -2.62% |
| Apar Industries Ltd. | 2.61% | 0.00% | -2.61% |
| company:15256 | 0.00% | 2.57% | +2.57% |
| Nippon Life India Asset Management Ltd. | 2.54% | 0.00% | -2.54% |
| Aeroflex Industries Ltd. | 2.51% | 0.00% | -2.51% |
| company:2290 | 0.00% | 2.51% | +2.51% |
| company:6724 | 0.00% | 2.50% | +2.50% |
| Aurobindo Pharma Ltd. | 2.47% | 0.00% | -2.47% |
| Data Patterns (India) Ltd. | 2.47% | 0.00% | -2.47% |
| Syrma SGS Technology Ltd. | 2.43% | 0.00% | -2.43% |
| Adani Energy Solutions Ltd. | 0.00% | 2.42% | +2.42% |
| company:4721 | 0.00% | 2.37% | +2.37% |
| Kirloskar Oil Engines Ltd. | 2.36% | 0.00% | -2.36% |
| Lupin Ltd. | 2.36% | 0.00% | -2.36% |
| Bank of Maharashtra | 2.35% | 0.00% | -2.35% |
| Acutaas Chemicals Ltd. | 2.31% | 0.00% | -2.31% |
| company:1489 | 0.00% | 2.30% | +2.30% |
| Granules India Ltd. | 2.27% | 0.00% | -2.27% |
| ACME Solar Holdings Ltd. | 2.26% | 0.00% | -2.26% |
| Bliss GVS Pharma Ltd. | 2.22% | 0.00% | -2.22% |
| Torrent Pharmaceuticals Ltd. | 4.80% | 2.61% | -2.19% |
| Bajaj Consumer Care Ltd. | 1.97% | 0.00% | -1.97% |
| Thangamayil Jewellery Ltd. | 1.96% | 0.00% | -1.96% |
| The Jammu & Kashmir Bank Ltd. | 1.90% | 0.00% | -1.90% |
| company:1218 | 0.00% | 1.90% | +1.90% |
| company:17629 | 0.00% | 1.72% | +1.72% |
| CCL Products (India) Ltd. | 1.60% | 0.00% | -1.60% |
| Schneider Electric Infrastructure Ltd. | 1.60% | 0.00% | -1.60% |
| Arvind Ltd. | 1.58% | 0.00% | -1.58% |
| Aditya Birla Sun Life AMC Ltd. | 1.56% | 0.00% | -1.56% |
| Senores Pharmaceuticals Ltd. | 1.47% | 0.00% | -1.47% |
| IOL Chemicals And Pharmaceuticals Ltd. | 1.45% | 2.87% | +1.42% |
| Welspun Corp Ltd. | 2.40% | 3.66% | +1.26% |
| Shilpa Medicare Ltd. | 1.80% | 2.74% | +0.94% |
| Ather Energy Ltd. | 2.61% | 3.28% | +0.67% |
| Avalon Technologies Ltd. | 2.64% | 3.19% | +0.55% |
| Aster DM Quality Care Ltd. | 2.35% | 1.92% | -0.43% |
| Navin Fluorine International Ltd. | 2.43% | 2.86% | +0.43% |
| Sansera Engineering Ltd. | 2.58% | 2.96% | +0.38% |
| Inox India Ltd. | 2.24% | 2.61% | +0.37% |
| Anand Rathi Wealth Ltd. | 2.42% | 2.78% | +0.36% |
| Apollo Hospitals Enterprise Ltd. | 2.45% | 2.80% | +0.35% |
| Astra Microwave Products Ltd. | 2.61% | 2.33% | -0.28% |
| Sai Life Sciences Ltd. | 2.56% | 2.29% | -0.27% |
| Craftsman Automation Ltd. | 2.66% | 2.91% | +0.25% |
| Laurus Labs Ltd. | 3.00% | 2.76% | -0.24% |
| Others | -0.23% | -0.35% | -0.12% |
| R R Kabel Ltd. | 2.88% | 2.98% | +0.10% |
| Belrise Industries Ltd. | 2.49% | 2.58% | +0.09% |
| Bharat Forge Ltd. | 2.55% | 2.58% | +0.03% |
| Reserve Bank of India | 0.10% | 0.10% | 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 | ₹769 Cr | 2.46% | 4.2% | 5.1% | 12.8% |
 Quant Quantamental Fund | ₹1,632 Cr | 2.94% | 4.7% | 6.0% | 14.3% |
 360 ONE Quant Fund | ₹846 Cr | 2.55% | -5.5% | 2.9% | — |
 Samco Active Momentum Fund | ₹752 Cr | 3.23% | 29.5% | 9.3% | — |
 Kotak Quant Fund | ₹497 Cr | 2.26% | -2.3% | 3.4% | — |
 Nippon India Quant Fund | ₹116 Cr | 1.31% | -5.4% | 4.0% | 11.3% |
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 months26.16% absolute | ₹60,000 | ₹75,696 | 26.16% | |
| 1 year18.73% annualised | ₹1,20,000 | ₹1,32,899 | 10.75% |
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.