Union Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹15.03-0.08%1 day
- Return since launch
- 5.5%
- 52-week range
- ₹14.19 — ₹15.05
- AUM
- ₹221 Cr
Union Arbitrage Fund is a Arbitrage hybrid fund from Union Mutual Fund with ₹221 Cr under management, launched in 2019. Over three years it has returned 6.2% a year, against 6.5% for its category. The expense ratio is 2.14% and the SEBI riskometer reading is Low.
Performance
Union Arbitrage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.9% against +6.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.9% | +0.1 pts | 5.9% | 5.8% |
| 2Y | 5.9% | 0.0 pts | 5.9% | 6.0% |
| 3Y | 6.2% | −0.3 pts | 6.5% | 6.2% |
| 5Y | 6.3% | +0.4 pts | 5.9% | 6.3% |
| 7Y | 5.9% | 0.0 pts | 5.9% | 5.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.4% | +0.2 pts | 1.3% | 1.3% |
| 6M | 2.9% | +0.2 pts | 2.7% | 2.8% |
| 1Y | 6.0% | +0.1 pts | 5.9% | 6.0% |
| 2Y | 6.1% | 0.0 pts | 6.1% | 6.2% |
| 3Y | 6.6% | +0.1 pts | 6.5% | 6.6% |
| 5Y | 5.9% | 0.0 pts | 5.9% | 6.0% |
| 7Y | 5.5% | +0.1 pts | 5.4% | 5.4% |
Since launch (30 Jan 2019): 5.5%
Calendar-year returns
Category average4.5%
3.7%
3.7%
7.0%
7.5%
6.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.0% | −0.9 pts | 6.9% |
| 2024 | 7.5% | −0.5 pts | 8.0% |
| 2023 | 7.0% | −0.6 pts | 7.6% |
| 2022 | 3.7% | −1.0 pts | 4.6% |
| 2021 | 3.7% | −0.4 pts | 4.1% |
| 2020 | 4.5% | −0.2 pts | 4.7% |
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
2.17%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.87%
- Brokerage
- 0.12%
- Transaction charges
- 0.04%
- Statutory levies
- 1.14%
- Exit load
- Exit load of 0.25% if redeemed within 1 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Arbitrage 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.
Low
Your principal is treated as being at low risk — typically overnight and very short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.68 | 0.62 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.32 | 1.88 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.77 | 2.31 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.54 | 0.51 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Union Arbitrage Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt20.3%
- Other80.1%
Market cap split
- Large75.8%
- Mid21.7%
- Small2.5%
- P/E
- 20.77
- P/B
- 2.95
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 79.79% | ₹176 Cr | +215.19% | +10.08% | +213.60% |
| Union Money Market Fund Direct - Growth | Unclassified | 13.94% | ₹30.75 Cr | +16.33% | +4.75% | +4.47% |
| Bank Of Baroda | Financial | 6.57% | ₹14.50 Cr | -1.17% | -2.67% | — |
| Tata Consumer Products Ltd. | Consumer Staples | 1.24% | ₹2.74 Cr | -1.00% | -0.71% | -0.67% |
| Tata Steel Ltd. | Metals & Mining | 1.22% | ₹2.69 Cr | -3.16% | -3.32% | -2.10% |
| State Bank of India | Financial | 1.05% | ₹2.31 Cr | -2.70% | -0.52% | -2.02% |
| Divi's Laboratories Ltd. | Healthcare | 0.69% | ₹1.51 Cr | -0.45% | — | -0.58% |
| Ultratech Cement Ltd. | Materials | 0.44% | ₹0.97 Cr | -0.28% | +2.16% | -1.88% |
| Cipla Ltd. | Healthcare | 0.40% | ₹0.87 Cr | -1.26% | — | — |
| Power Grid Corporation Of India Ltd. | Energy | 0.36% | ₹0.80 Cr | -1.34% | -0.70% | — |
| Kotak Mahindra Bank Ltd. | Financial | 0.34% | ₹0.75 Cr | -4.54% | -4.60% | -5.02% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.34% | ₹0.75 Cr | -1.54% | -0.10% | -1.42% |
| Reserve Bank of India | Financial | 0.14% | ₹0.30 Cr | +0.12% | +0.11% | +0.47% |
| JSW Energy Ltd. | Capital Goods | 0.13% | ₹0.28 Cr | — | — | -0.46% |
| Grasim Industries Ltd. | Materials | 0.08% | ₹0.17 Cr | -1.56% | -1.25% | -0.46% |
| Axis Bank Ltd. | Financial | 0.04% | ₹0.07 Cr | -2.64% | -2.46% | -0.75% |
| company:15609 | Capital Goods | 0.04% | ₹0.07 Cr | — | — | — |
| Interglobe Aviation Ltd. | Services | 0.03% | ₹0.05 Cr | -1.26% | -1.42% | -0.16% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.03% | ₹0.06 Cr | -2.38% | -2.66% | +3.84% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.02% | ₹0.05 Cr | -4.00% | — | — |
| DLF Ltd. | Construction | 0.02% | ₹0.05 Cr | -1.42% | -2.76% | -2.94% |
| The Federal Bank Ltd. | Financial | 0.02% | ₹0.05 Cr | — | — | — |
| Bajaj Finserv Ltd. | Financial | 0.01% | ₹0.01 Cr | -1.74% | -1.70% | -0.85% |
| Indusind Bank Ltd. | Financial | 0.01% | ₹0.01 Cr | -1.82% | — | -1.80% |
| Jindal Steel Ltd. | Metals & Mining | 0.01% | ₹0.02 Cr | — | -1.14% | -0.75% |
| Mahindra & Mahindra Ltd. | Automobile | 0.01% | ₹0.03 Cr | -1.06% | -1.44% | -1.18% |
| NMDC Ltd. | Metals & Mining | 0.01% | ₹0.01 Cr | -0.10% | -0.56% | — |
| Shriram Finance Ltd | Financial | 0.01% | ₹0.02 Cr | -0.98% | -3.84% | -2.19% |
| Yes Bank Ltd. | Financial | 0.01% | ₹0.03 Cr | -1.08% | -0.84% | — |
| company:3988 | Healthcare | 0.01% | ₹0.02 Cr | — | — | — |
| NTPC Ltd. | Energy | 0.01% | ₹0.03 Cr | -2.22% | -2.22% | -1.20% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.00% | ₹-0.00 Cr | -1.80% | -1.50% | -1.27% |
| Bharat Electronics Ltd. | Capital Goods | 0.00% | ₹-0.00 Cr | -0.84% | -0.78% | -1.13% |
| Biocon Ltd. | Healthcare | 0.00% | ₹0.02 Cr | — | — | — |
| Coforge Ltd. | Technology | 0.00% | ₹-0.00 Cr | -0.84% | -2.14% | -1.48% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.00% | ₹-0.00 Cr | -2.72% | -1.60% | -3.23% |
| Hero Motocorp Ltd. | Automobile | 0.00% | ₹-0.01 Cr | — | — | — |
| ICICI Bank Ltd. | Financial | 0.00% | ₹-0.00 Cr | -2.28% | -1.40% | -3.48% |
| JIO Financial Services Ltd. | Financial | 0.00% | ₹0.02 Cr | -1.08% | -1.80% | -0.56% |
| Larsen & Toubro Ltd. | Construction | 0.00% | ₹-0.00 Cr | -1.18% | -1.86% | -1.36% |
| Maruti Suzuki India Ltd. | Automobile | 0.00% | ₹0.00 Cr | -2.58% | -2.54% | -0.66% |
| Max Financial Services Ltd. | Financial | 0.00% | ₹-0.01 Cr | -6.68% | -3.96% | — |
| Muthoot Finance Ltd. | Financial | 0.00% | ₹-0.01 Cr | — | -1.28% | -1.43% |
| TVS Motor Company Ltd. | Automobile | 0.00% | ₹-0.00 Cr | — | — | — |
| UNO Minda Ltd. | Automobile | 0.00% | ₹-0.02 Cr | — | -3.72% | — |
| company:18041 | Healthcare | 0.00% | ₹0.01 Cr | — | — | — |
| company:5765 | Insurance | 0.00% | ₹-0.00 Cr | — | — | — |
| company:7925 | Technology | 0.00% | ₹-0.00 Cr | — | — | -0.73% |
| Adani Energy Solutions Ltd. | Energy | -0.01% | ₹-0.02 Cr | -0.76% | -0.44% | -0.49% |
| BSE Ltd. | Services | -0.01% | ₹-0.03 Cr | -1.68% | — | — |
| Eicher Motors Ltd. | Automobile | -0.01% | ₹-0.03 Cr | -1.20% | -3.16% | -1.42% |
| Hindalco Industries Ltd. | Metals & Mining | -0.01% | ₹-0.02 Cr | -1.78% | -3.12% | -1.81% |
| SBI Life Insurance Company Ltd. | Insurance | -0.01% | ₹-0.03 Cr | — | -2.18% | -1.93% |
| Solar Industries India Ltd. | Chemicals | -0.01% | ₹-0.03 Cr | -1.52% | — | — |
| UPL Ltd. | Chemicals | -0.01% | ₹-0.03 Cr | -1.90% | -1.64% | — |
| company:6880 | Consumer Staples | -0.01% | ₹-0.02 Cr | — | — | — |
| company:6054 | Financial | -0.02% | ₹-0.05 Cr | — | — | — |
| Ambuja Cements Ltd. | Materials | -0.02% | ₹-0.03 Cr | -1.48% | -1.46% | -0.11% |
| Bajaj Finance Ltd. | Financial | -0.02% | ₹-0.04 Cr | -2.26% | -2.68% | -2.29% |
| Delhivery Ltd. | Services | -0.02% | ₹-0.04 Cr | — | — | — |
| company:16457 | Consumer Discretionary | -0.02% | ₹-0.05 Cr | — | — | — |
| company:3696 | Metals & Mining | -0.02% | ₹-0.05 Cr | — | — | — |
| company:3214 | Consumer Staples | -0.02% | ₹-0.04 Cr | -3.78% | -3.98% | -1.25% |
| ITC Ltd. | Consumer Staples | -0.03% | ₹-0.07 Cr | -1.64% | -1.58% | -0.95% |
| Mahindra & Mahindra Ltd Warrant | Automobile | -0.03% | ₹-0.07 Cr | — | — | — |
| JSW Steel Ltd. | Metals & Mining | -0.03% | ₹-0.06 Cr | -2.80% | -3.30% | -3.17% |
| company:14901 | Financial | -0.03% | ₹-0.07 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | -0.03% | ₹-0.05 Cr | -9.00% | -6.00% | -5.58% |
| Adani Ports and Special Economic Zone Ltd. | Services | -0.05% | ₹-0.10 Cr | -0.92% | -1.80% | -1.34% |
| Reliance Industries Ltd. | Energy | -0.06% | ₹-0.14 Cr | -6.52% | -5.34% | -2.37% |
| Vodafone Idea Ltd. | Communication | -0.07% | ₹-0.16 Cr | -4.70% | -2.38% | -1.32% |
| Grasim Industries Ltd. - (Partly Paid Equity1) | Materials | -0.08% | ₹-0.17 Cr | — | — | — |
| Bharti Airtel Ltd. | Communication | -0.10% | ₹-0.21 Cr | -5.56% | -5.02% | -5.52% |
| company:18639 | Materials | -0.45% | ₹-0.98 Cr | — | — | — |
| company:18109 | Healthcare | -0.67% | ₹-1.48 Cr | — | — | — |
| company:18622 | Metals & Mining | -1.22% | ₹-2.68 Cr | — | — | — |
| Tata Consumer Products Ltd. - Right Entitlement | Consumer Staples | -1.25% | ₹-2.76 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:3214 | 0.00% | -4.53% | -4.53% |
| Tata Consumer Products Ltd. | -1.19% | 1.24% | +2.43% |
| Delhivery Ltd. | -1.33% | 0.77% | +2.10% |
| Grasim Industries Ltd. | -1.51% | 0.08% | +1.59% |
| company:15609 | 0.00% | -1.41% | -1.41% |
| Divi's Laboratories Ltd. | -0.57% | 0.69% | +1.26% |
| company:18622 | 0.00% | -1.22% | -1.22% |
| Tata Consumer Products Ltd. - Right Entitlement | -0.08% | -1.25% | -1.17% |
| company:6054 | 0.00% | -1.13% | -1.13% |
| company:6880 | 0.00% | -1.05% | -1.05% |
| company:3696 | 0.00% | -1.02% | -1.02% |
| company:16457 | 0.00% | -1.01% | -1.01% |
| BSE Ltd. | -0.49% | -1.47% | -0.98% |
| State Bank of India | -1.54% | -0.57% | +0.97% |
| Bharat Forge Ltd. | -0.93% | 0.00% | +0.93% |
| LTM Limited | -0.93% | 0.00% | +0.93% |
| company:14901 | 0.00% | -0.93% | -0.93% |
| Max Healthcare Institute Ltd. | -0.87% | 0.00% | +0.87% |
| GAIL (India) Ltd. | -0.86% | 0.00% | +0.86% |
| Hero Motocorp Ltd. | -1.00% | -0.15% | +0.85% |
| Cipla Ltd. | -0.20% | -1.04% | -0.84% |
| NTPC Ltd. | -1.22% | -2.06% | -0.84% |
| Solar Industries India Ltd. | -0.04% | -0.83% | -0.79% |
| Fortis Healthcare Ltd. | -0.78% | 0.00% | +0.78% |
| Adani Ports and Special Economic Zone Ltd. | -0.36% | -1.11% | -0.75% |
| Union Money Market Fund Direct - Growth | 14.69% | 13.94% | -0.75% |
| Bharat Heavy Electricals Ltd. | -2.09% | -1.40% | +0.69% |
| company:5765 | 0.00% | -0.69% | -0.69% |
| Prestige Estates Projects Ltd. | -0.68% | 0.00% | +0.68% |
| Tata Elxsi Ltd. | -0.67% | 0.00% | +0.67% |
| company:18109 | 0.00% | -0.67% | -0.67% |
| The Federal Bank Ltd. | -0.52% | -1.11% | -0.59% |
| CG Power and Industrial Solutions Ltd. | -0.56% | 0.00% | +0.56% |
| Yes Bank Ltd. | -0.03% | -0.57% | -0.54% |
| Ashok Leyland Ltd. | -0.52% | 0.00% | +0.52% |
| Tata Consultancy Services Ltd. | -0.45% | 0.00% | +0.45% |
| company:18639 | 0.00% | -0.45% | -0.45% |
| Ultratech Cement Ltd. | -0.61% | -0.16% | +0.45% |
| Force Motors Ltd. | -0.44% | 0.00% | +0.44% |
| Infosys Ltd. | -0.44% | 0.00% | +0.44% |
| Bajaj Finserv Ltd. | -1.08% | -0.65% | +0.43% |
| Lupin Ltd. | -0.41% | 0.00% | +0.41% |
| Power Grid Corporation Of India Ltd. | -0.69% | -0.30% | +0.39% |
| Hindustan Unilever Ltd. | -0.81% | -0.44% | +0.37% |
| company:3988 | 0.00% | -0.36% | -0.36% |
| Hindalco Industries Ltd. | -0.82% | -0.46% | +0.36% |
| The Phoenix Mills Ltd. | -0.35% | 0.00% | +0.35% |
| Vodafone Idea Ltd. | -2.33% | -2.67% | -0.34% |
| HDFC Life Insurance Co Ltd. | -0.70% | -0.38% | +0.32% |
| SBI Life Insurance Company Ltd. | -1.35% | -1.67% | -0.32% |
| company:7925 | 0.00% | -0.31% | -0.31% |
| Bharti Airtel Ltd. | -3.20% | -2.91% | +0.29% |
| company:18041 | 0.00% | -0.27% | -0.27% |
| Bajaj Finance Ltd. | -1.30% | -1.46% | -0.16% |
| Shriram Finance Ltd | -0.31% | -0.45% | -0.14% |
| KPIT Technologies Ltd. | -0.12% | 0.00% | +0.12% |
| JSW Steel Ltd. | -2.02% | -1.91% | +0.11% |
| Biocon Ltd. | -0.76% | -0.65% | +0.11% |
| Others | 74.54% | 74.43% | -0.11% |
| Kotak Mahindra Bank Ltd. | -2.46% | -2.36% | +0.10% |
| HDFC Bank Ltd. | -2.74% | -2.66% | +0.08% |
| UNO Minda Ltd. | -0.72% | -0.80% | -0.08% |
| Axis Bank Ltd. | -1.33% | -1.40% | -0.07% |
| Eicher Motors Ltd. | -1.43% | -1.49% | -0.06% |
| ICICI Bank Ltd. | -1.37% | -1.43% | -0.06% |
| JIO Financial Services Ltd. | -1.10% | -1.05% | +0.05% |
| Max Financial Services Ltd. | -2.05% | -2.00% | +0.05% |
| Bharat Electronics Ltd. | -0.42% | -0.46% | -0.04% |
| DLF Ltd. | -0.86% | -0.90% | -0.04% |
| ITC Ltd. | -0.87% | -0.83% | +0.04% |
| Jindal Steel Ltd. | -0.49% | -0.53% | -0.04% |
| Larsen & Toubro Ltd. | -0.73% | -0.77% | -0.04% |
| Reliance Industries Ltd. | -3.38% | -3.42% | -0.04% |
| Coforge Ltd. | -0.22% | -0.26% | -0.04% |
| Adani Energy Solutions Ltd. | -0.44% | -0.40% | +0.04% |
| UPL Ltd. | -0.95% | -0.91% | +0.04% |
| TVS Motor Company Ltd. | -1.07% | -1.10% | -0.03% |
| Eternal Ltd. | -0.03% | 0.00% | +0.03% |
| Ambuja Cements Ltd. | -0.78% | -0.76% | +0.02% |
| Apollo Hospitals Enterprise Ltd. | -1.04% | -1.06% | -0.02% |
| Interglobe Aviation Ltd. | -1.03% | -1.04% | -0.01% |
| Mahindra & Mahindra Ltd. | -0.60% | -0.61% | -0.01% |
| Maruti Suzuki India Ltd. | -0.81% | -0.80% | +0.01% |
| Muthoot Finance Ltd. | -0.46% | -0.45% | +0.01% |
| NMDC Ltd. | -0.25% | -0.26% | -0.01% |
| Reserve Bank of India | 0.13% | 0.14% | +0.01% |
| Tata Steel Ltd. | -0.33% | -0.32% | +0.01% |
| Grasim Industries Ltd. - (Partly Paid Equity1) | -0.07% | -0.08% | -0.01% |
| Bank Of Baroda | -0.41% | -0.41% | 0.00% |
| Indusind Bank Ltd. | -0.41% | -0.41% | 0.00% |
| JSW Energy Ltd. | -0.05% | -0.05% | 0.00% |
| Mahindra & Mahindra Ltd Warrant | -0.03% | -0.03% | 0.00% |
| Sun Pharmaceutical Industries Ltd. | -1.17% | -1.17% | 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 | ₹41,186 Cr | 2.40% | 6.0% | 6.4% | 6.6% |
 Kotak Arbitrage Fund | ₹75,712 Cr | 2.92% | 6.0% | 6.4% | 6.6% |
 SBI Arbitrage Fund | ₹47,283 Cr | 1.98% | 5.8% | 6.3% | 6.5% |
 Invesco India Arbitrage Fund | ₹30,618 Cr | 2.91% | 6.0% | 6.4% | 6.6% |
 UTI Arbitrage Fund | ₹11,132 Cr | 1.80% | 5.9% | 6.4% | 6.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments.
Fund managers
- Devesh ThackerMr. Thacker is a B.Com (H) and Post graduate from University of Pune.Prior to joining Union AMC in 2011 he has worked with Sahara AMC.
- Vishal ThakkerMr.Thakker has done B.Com & M.B.APrior joining to Union Mutual Fund he has worked with Elara Capital and Emkay Shares & Stock Broking.
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 months2.86% absolute | ₹60,000 | ₹61,716 | 2.86% | |
| 1 year5.95% annualised | ₹1,20,000 | ₹1,23,939 | 3.28% | |
| 3 years6.60% annualised | ₹3,60,000 | ₹3,99,094 | 10.86% | |
| 5 years5.90% annualised | ₹6,00,000 | ₹6,99,332 | 16.56% |
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.
What is the NAV of Union Arbitrage Fund?
The NAV of Union Arbitrage Fund is ₹15.03 as on 24 Sep 2026.
What is the expense ratio of Union Arbitrage Fund?
The expense ratio of Union Arbitrage Fund is 2.14% per year.
What is the minimum SIP amount for Union Arbitrage Fund?
You can start a SIP in Union Arbitrage Fund with ₹3,000 a month.
What returns has Union Arbitrage Fund given?
Union Arbitrage Fund has returned 5.9% over 1 year, 6.2% over 3 years and 6.3% over 5 years (annualised).
Is there a lock-in or exit load on Union Arbitrage Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 1 months..
How risky is Union Arbitrage Fund?
Union Arbitrage Fund is rated Low on the SEBI riskometer and belongs to the Arbitrage category.
Which fund house manages Union Arbitrage Fund?
Union Arbitrage Fund is managed by Union Mutual Fund, which runs 30 schemes with ₹28,513 Cr under management.