Union Mutual Fund

Q: Are Union Mutual Fund mutual fund's schemes safe to invest in?

Yes, Union Mutual Fund mutual fund schemes are considered safe investments. In India, all Asset Management Companies (AMC), including Union Mutual Fund, are regulated by SEBI (Securities and Exchange Board of India) and AMFI (Association of Mutual Funds in India). The mutual fund industry operates under strict regulations to safeguard investors' interests. However, it's crucial for investors to conduct thorough research to ensure that the specific fund schemes align with their financial goals and risk tolerance.

Q: Are Union Mutual Fund mutual funds tax-free?

Union Mutual Fund Mutual Fund schemes are not tax free. Mutual fund capital gains are subject to capital gains tax. In the case of equity mutual funds, mutual fund units sold within a year of purchase will attract a 20% tax on profits. Gains from mutual funds held for more than a year are taxed at 12.5%. For debt funds, the debt fund units sold within three years will be taxed as per the income tax slab. For debt funds held for over three years, the tax rate is 12.5% without indexation benefits.

Q: Which are the top performing funds of Union Mutual Fund?

Here are some of the best-performing funds from Union Mutual Fund AMC based on past 5-year returns: Fund Name 5-Year Return (%) Union Largecap Fund 7.83% Union Gilt Fund 0% Union Dynamic Term Fund 4.26% Union ELSS Tax Saver Fund 10.81% Union Balanced Advantage Fund 8.07%

Q: Are Union Mutual Fund a good choice for long-term capital appreciation?

Yes, Union Mutual Fund AMC is good for long-term capital appreciation. The equity schemes under the AMC have performed well over the long term and delivered returns above the category average. Visit the Rupeezy Invest App to check Union Mutual Fund AMC fund performance.

Q: How can I check my Union Mutual Fund mutual funds status on Rupeezy?

You can log in to your Rupeezy app and view your portfolio which will show you the current value as per the prevailing NAV on the last closing business day.

Union Mutual Fund’s sponsor is a joint venture between Union Bank of India and Dai-ichi Life Holdings, Inc. Union Bank of India is one of the leading public sector banks in India. Dai-ichi Life Holdings Inc. is a Japanese company listed on the Tokyo Stock Exchange. Dai-ichi Life is a financial services firm in insurance and asset management business globally.Union Mutual Fund partnered with Belgium based KBC Asset Management NV – a premium AMC based in Belgium to start ‘Union KBC Mutual Fund.’ In 2016, the Union Bank of India bought the shares with KBC Asset Management, later in 2018, Dai-ichi Life invested in the fund house.Union Mutual Fund offers around 26 mutual fund schemes in various categories such as equity, debt, hybrid and others.The AMC manages an Average AUM of Rs. 16,111.46 Cr as of June 2024.

List of All Union Mutual Fund

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Equity

Debt

Hybrid

ELSS

Index

Sort Return By :

3Y Return

Fund Name	Return	Risk	Cat. Avg
Union Innovation & Opportunities Fund Equity●Thematic Fund	19.21%	19.21%	-
Union Small Cap Fund Equity●Small cap Fund	17.73%	17.73%	-
Union Midcap Fund Equity●Mid Cap Fund	17.67%	17.67%	-
Union Multicap Fund Equity●Multi Cap Fund	15.75%	15.75%	-
Union Large & Midcap Fund Equity●Large & Mid Cap	13.67%	13.67%	-
Union Value Fund Equity●Value Fund	12.91%	12.91%	-
Union Focused Fund Equity●Focused Fund	12.39%	12.39%	-
Union Flexi Cap Fund Equity●Flexi Cap Fund	12.03%	12.03%	-
Union Aggressive Hybrid Fund Hybrid●Aggressive Hybrid Fund	11.41%	11.41%	-
Union ELSS Tax Saver Fund Equity●Equity Linked Savings Scheme	11.39%	11.39%	-
Union Balanced Advantage Fund Hybrid●Dynamic Asset Allocation	9.16%	9.16%	-
Union Largecap Fund Equity●Large Cap Fund	8.79%	8.79%	-
Union Equity Savings Fund Hybrid●Equity Savings	7.35%	7.35%	-
Union Money Market Fund Debt●Money Market	7.27%	7.27%	-
Union Arbitrage Fund Hybrid●Arbitrage Fund	7.24%	7.24%	-
Union Corporate Bond Fund Debt●Corporate Bond	7.07%	7.07%	-
Union Liquid Fund Debt●Liquid	7%	7.00%	-
Union Overnight Fund Debt●Overnight Fund	6.1%	6.10%	-
Union Dynamic Term Fund Debt●Dynamic Bond	5.23%	5.23%	-
Union Gilt Fund Debt●Gilt	5.16%	5.16%	-
Union Ultra Short to Short Term Fund Debt●Low Duration	-	-	-
Union Short Term Fund Debt●Short Duration	-	-	-
Union Consumption Fund Equity●Sector Funds	-	-	-
Union Business Cycle Fund Equity●Thematic Fund	-	-	-
Union Multi Asset Allocation Fund Hybrid●Multi Asset Allocation	-	-	-
Union Active Momentum Fund Equity●Thematic Fund	-	-	-

Details of Union Mutual Fund

Founding Date	December 30, 2009
Address	Unit 503, 5 Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059
Email	investorcare@unionmf.com
Telephone	022-6748 3300

Documents Required to Invest

To invest in Union Mutual Fund schemes, there is no physical documentation required. You need to upload the following KYC documents online:

Proof of Identity (PAN, Aadhaar)
Proof of Address (Aadhaar)

How to Invest in Union Mutual Fund

Step 1: Download the Rupeezy App if you do not have an account.

Step 2: If you are a first-time user, you need to submit your KYC documents like PAN, Aadhaar, add personal details, and complete the account verification.

Step 3: Select Union Mutual Fund and review the scheme list in each category.

Step 4: Assess the funds' performance and risk parameters.

Step 5: Select the appropriate category as per your financial goal and risk appetite.

Step 6: Compare the selected fund with other funds in its category using Smart Explore on a visual graph.

Step 7: Check fund portfolio overlap among all funds in your portfolio. Check the fund impact on your overall portfolio with the Impact Analysis feature.

Step 8: Select the fund, add lumpsum, or SIP, and set up payment with UPI or net banking.