Union Focused Fund

FocusedDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Union Focused Fund is a Focused fund run by Union Mutual Fund. On 30-09-2026, it managed ₹433 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 11.5% a year and its Regular plan returned 10.4% a year. Its benchmark, BSE 500 TRI, returned 9.9% a year over the same 3 years.

NAV (Direct plan): ₹28.47; ▼ 0.11%30-10-2026
NAV (Regular plan): ₹26.56; ▼ 0.11%30-10-2026
Expense ratio: 1.55%Direct2.55%Regular; 1.55%; A year
Riskometer: Very High; Set by the fund house
3 year return: 11.5%Direct10.4%Regular; 11.5%; A year

Union Focused Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹28.47 (down 0.11% that day); Regular Plan Growth ₹26.56 (down 0.11% that day).

This fund (Direct plan)

₹28.47

Union Focused Fund Returns vs BSE 500 TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.28%	−2.47%	+3.79%	+2.74%	+11.50%	+8.82%	--
This fund (Regular)	+0.19%	−2.71%	+3.31%	+1.72%	+10.40%	+7.73%	--
BSE 500 TRI	−0.87%	−6.09%	−2.95%	−7.66%	+9.89%	+8.65%	+12.51%
Focused average	−1.00%	−4.12%	+1.39%	−3.09%	+12.30%	+10.21%	--
Best in Focused	+2.11%	+5.18%	+17.02%	+19.34%	+21.38%	+15.90%	--
Worst in Focused	−5.18%	−8.77%	−5.73%	−14.35%	+7.49%	+3.36%	--
Rank in Focused	8/28	6/28	8/28	5/28	17/27	17/22	--

Category rows compare the Direct plans of 28 Focused funds. Rank 1 is the highest return.

Union Focused Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	BSE 500 TRI
2026to date	+6.75%	+5.90%	−7.81%
2025	−0.89%	−1.95%	+7.63%
2024	+17.51%	+16.38%	+15.81%
2023	+22.00%	+20.84%	+26.55%
2022	+0.86%	−0.22%	+4.77%
2021	+35.44%	+34.54%	+31.63%

Union Focused Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,035 periods, one for each trading day from 16-08-2022 to 30-10-2026.

0%10%20%30%40%

Dec 2019
to
Dec 2022Sept 2020
to
Sept 2023May 2021
to
May 2024Feb 2022
to
Feb 2025Oct 2022
to
Oct 2025Jun 2023
to
Jun 2026

Union Focused Fund (Direct)BSE 500 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	1,532	12.8%	−5.3%	92.6%	8%	11.8%	41%
2 years	1,283	15.8%	1.2%	50.4%	0%	18.9%	26%
3 years	1,035	15.6%	8.7%	31.3%	0%	17.8%	24%
5 years	546	17.3%	7.9%	25.7%	0%	18.9%	10%
7 years	52	15.9%	14.3%	17.0%	0%	15.0%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	75	14.9%	−18.3%	70.7%	11%	14.5%	37%
2 years	63	13.2%	−3.4%	46.8%	2%	14.2%	33%
3 years	51	14.9%	3.2%	22.5%	0%	16.6%	14%
5 years	27	13.5%	7.4%	22.1%	0%	15.5%	19%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE 500 TRI over the same days. Past returns do not promise future returns.

Union Focused Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Union Focused Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+2.74%	−7.66%
Standard deviation	15.81%	14.32%
Sharpe ratio	-0.16	-0.90
Sortino ratio	-0.21	-1.19
Maximum drawdown	−11.7% (23-03-2026)	−14.8% (30-03-2026)
Beta	1.01	1.00
Alpha	+10.48%	0.00%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Union Focused Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+11.50%	+9.89%
Standard deviation	14.98%	14.19%
Sharpe ratio	0.37	0.27
Sortino ratio	0.49	0.37
Maximum drawdown	−17.0% (28-02-2025)	−18.7% (28-02-2025)
Beta	0.99	1.00
Alpha	+1.64%	0.00%

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Union Focused Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+8.82%	+8.65%
Standard deviation	14.29%	14.29%
Sharpe ratio	0.21	0.20
Sortino ratio	0.28	0.27
Maximum drawdown	−18.4% (17-06-2022)	−18.7% (28-02-2025)
Beta	0.94	1.00
Alpha	+0.32%	0.00%

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Union Focused Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+15.58%	+14.45%
Standard deviation	16.84%	17.29%
Sharpe ratio	0.62	0.54
Sortino ratio	0.84	0.72
Maximum drawdown	−34.0% (23-03-2020)	−38.1% (23-03-2020)
Beta	0.93	1.00
Alpha	+1.74%	0.00%

From daily NAVs, 13-08-2019 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−40%−30%−20%−10%0%

2020202120222023202420252026

Union Focused Fund (Direct)BSE 500 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Union Focused Fund (Direct)	−34.0%	19-02-2020	23-03-2020	16-09-2020	6 months	−6.1%
BSE 500 TRI	−38.1%	17-01-2020	23-03-2020	06-11-2020	7 months	−9.4%

From the Direct plan's daily NAV since 13-08-2019, adjusted for unit splits, and BSE 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Union Focused Fund vs Other Focused Funds

The five Focused funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Invesco India Focused Fund	1/27	6,229	0.70%	+3.30%	+21.38%	+11.34%	1.04	0.96	1.35	Compare
ICICI Prudential Focused Fund	2/27	17,168	1.12%	−4.91%	+16.41%	+6.86%	0.91	0.77	1.09	Compare
ITI Focused Fund	3/27	607	0.90%	−0.70%	+15.80%	+5.33%	1.06	0.61	0.82	Compare
HDFC Focused Fund	4/27	26,553	0.83%	−4.98%	+15.40%	+6.13%	0.77	0.80	1.12	Compare
SBI Focused Fund	5/27	50,180	0.82%	+3.97%	+15.26%	+6.11%	0.76	0.76	1.05	Compare
Union Focused Fund	17/27	433	1.55%	+2.74%	+11.50%	+1.64%	0.99	0.37	0.49

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Union Focused Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Focused median	Cost rank (1 = cheapest)
Direct	1.25%	0.02%	0.00%	0.28%	1.55%	1.10%	25/28
Regular	2.10%	0.02%	0.00%	0.43%	2.55%	2.23%	22/28

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Focused funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	1.72%	2.74%	1.02%	₹1,01,720	₹1,02,740
3 years	10.40%	11.50%	1.10% a year	₹1,34,557	₹1,38,620
5 years	7.73%	8.82%	1.09% a year	₹1,45,105	₹1,52,596

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Union Focused Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 13-08-2019 to 30-10-2026: 87 instalments, ₹8,70,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planUnion Focused Fund (Direct)	₹8,70,000	₹14,01,686	₹5,31,686	12.9%
Regular planUnion Focused Fund (Regular)	₹8,70,000	₹13,43,463	₹4,73,463	11.8%
BSE 500 TRI	₹8,70,000	₹13,38,259	₹4,68,259	11.7%
Category averageCategory average, 28 Focused funds	₹8,70,000	₹14,30,586	₹5,60,586	13.5%

₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L

2020202120222023202420252026

Direct planUnion Focused Fund (Direct)Regular planUnion Focused Fund (Regular)BSE 500 TRICategory averageCategory average, 28 Focused fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Union Focused Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

98.8%Equity

Asset	Fund	Category
Equity	98.8%	93.9%
Cash and others	1.1%	5.0%
Debt	0.1%	1.2%

Market cap of stocks

Market cap	Fund	Category
Large Cap	59.0%	57.8%
Mid Cap	16.0%	18.9%
Small Cap	23.9%	15.4%

Share of the whole fund. Category: the average of the Focused funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Union Focused Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks22.9%
Electrical Equipment12.9%
Chemicals & Petrochemicals9.8%
Pharmaceuticals & Biotechnology7.0%
Retailing6.5%
Auto Components6.4%
Capital Markets6.3%
IT - Software4.4%
Agricultural Food & other Products4.1%
Aerospace & Defense3.7%

The ten largest of 16 sectors. The other 6 add up to 14.8%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	23.7%	22.9%	22.9%	−0.8%
Electrical Equipment	12.2%	12.7%	12.9%	+0.7%
Chemicals & Petrochemicals	8.8%	9.5%	9.8%	+1.0%
Pharmaceuticals & Biotechnology	6.9%	6.7%	7.0%	+0.1%
Retailing	6.3%	6.3%	6.5%	+0.2%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Union Focused Fund Portfolio Holdings

As on 30-09-2026 · 31 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
ICICI Bank Ltd.	Banks	8.77%	0.0%
Solar Industries India Ltd.	Chemicals & Petrochemicals	5.47%	0.0%
Gabriel India Ltd.	Auto Components	4.81%	0.0%
Eternal Ltd.	Retailing	4.35%	0.0%
Navin Fluorine International Ltd.	Chemicals & Petrochemicals	4.34%	0.0%
Torrent Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	4.19%	0.0%
Tata Consumer Products Ltd.	Agricultural Food & other Products	4.10%	0.0%
HDFC Bank Ltd.	Banks	4.09%	0.0%
Multi Commodity Exchange of India Ltd.	Capital Markets	4.03%	0.0%
Bharat Electronics Ltd.	Aerospace & Defense	3.73%	0.0%
Hitachi Energy India Ltd.	Electrical Equipment	3.68%	0.0%
Karur Vysya Bank Ltd.	Banks	3.60%	0.0%
GE Vernova T&D India Ltd.	Electrical Equipment	3.59%	0.0%
Max Healthcare Institute Ltd.	Healthcare Services	3.39%	0.0%
Ujjivan Small Finance Bank Ltd.	Banks	3.38%	0.0%
State Bank of India	Banks	3.10%	0.0%
Shriram Finance Ltd.	Finance	2.99%	0.0%
Bharti Airtel Ltd.	Telecom - Services	2.92%	0.0%
CG Power and Industrial Solutions Ltd.	Electrical Equipment	2.90%	0.0%
Acutaas Chemicals Ltd.	Pharmaceuticals & Biotechnology	2.80%	0.0%
Infosys Ltd.	IT - Software	2.76%	0.0%
Azad Engineering Ltd.	Electrical Equipment	2.71%	0.0%
Kfin Technologies Ltd.	Capital Markets	2.22%	0.0%
Trent Ltd.	Retailing	2.11%	0.0%
Larsen & Toubro Ltd.	Construction	2.09%	0.0%
Max Financial Services Ltd.	Insurance	1.75%	0.0%
Mahindra & Mahindra Ltd.	Automobiles	1.70%	0.0%
Mphasis Ltd.	IT - Software	1.64%	0.0%
UNO Minda Ltd.	Auto Components	1.59%	0.0%
91 Day Treasury Bills · Government security	Sovereign	0.07%
91 Day Treasury Bills · Government security	Sovereign	0.03%

Union Focused Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

No stocks were bought or sold in September 2026.

What Union Focused Fund bought and sold

Union Focused Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Union Largecap FundLarge Cap · Union	53.0%	26	Compare
Union Retirement FundSolution · Union	44.7%	26	Compare
Canara Robeco Flexi Cap FundFlexi Cap · Canara Robeco	38.6%	20	Compare
Canara Robeco Large Cap FundLarge Cap · Canara Robeco	37.5%	18	Compare
Union ELSS Tax Saver Fund FundELSS · Union	36.7%	22	Compare
Franklin India Large Cap FundLarge Cap · Franklin Templeton	36.3%	11	Compare
Union Large & Midcap FundLarge & Mid Cap · Union	36.0%	24	Compare
Canara Robeco Focused FundFocused · Canara Robeco	35.8%	11	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Union Focused Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.55%
Expense ratio (Regular): 2.55%
Category: Focused
Risk: Very High
Benchmark: BSE 500 TRI
Launch date: 05-08-2019
Minimum investment: ₹1,000
Minimum additional investment: ₹1,000
AUM: ₹432.72 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 147492
ISIN (Direct): INF582M01FS4
Scheme code (Regular): 147490
ISIN (Regular): INF582M01FW6
NAV history: From 13-08-2019, 7.2 years

Exit load: Exit load of 1%, if redeemed within 15 days.

Tax on Union Focused Fund returns

Union Focused Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹28.47	30-10-2026
direct	IDCW	₹25.28	30-10-2026
regular	Growth	₹26.56	30-10-2026
regular	IDCW	₹23.38	30-10-2026

About Union Focused Fund

Union Focused Fund is a mutual fund from Union Mutual Fund. Its category is Focused. It was launched on 05-08-2019. Its benchmark is BSE 500 TRI. At the end of September 2026 it held 31 securities.

Fund Manager

Pratik Dharmshi
Fund manager of Union Focused Fund, since 09-12-2024
Vinod Malviya
Fund manager of Union Focused Fund, since 01-11-2024

See all funds of Union Mutual Fund

AUM change

September 2026: ₹432.72 Cr; −6.37% from August 2026
August 2026: ₹462.18 Cr; +3.21% from July 2026
July 2026: ₹447.82 Cr; +1.81% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Union Focused Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Union Focused vs Invesco India FocusedFocused
Union Focused vs ICICI Prudential FocusedFocused
Union Focused vs ITI FocusedFocused
Union Focused vs HDFC FocusedFocused
Union Focused vs SBI FocusedFocused
Union Focused vs Union Largecap53.0% overlap
Union Focused vs Union Retirement44.7% overlap
Union Focused vs Canara Robeco Flexi Cap38.6% overlap

Compare with any other fund

Frequently Asked Questions for Union Focused Fund

What is the current NAV of Union Focused Fund?

The Direct plan NAV is ₹28.47. The Regular plan NAV is ₹26.56, as on 30-10-2026.

What are the returns of Union Focused Fund?

The Direct plan returned +2.74% in 1 year, +11.50% a year over 3 years, +8.82% a year over 5 years. The Regular plan returned +1.72% in 1 year, +10.40% a year over 3 years, +7.73% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Union Focused Fund?

The Direct plan charges 1.55% a year. The Regular plan charges 2.55% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Union Focused Fund?

Union Focused Fund managed ₹432.72 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Union Focused Fund?

At the end of September 2026 the largest holdings were ICICIBANK (8.77%), SOLARINDS (5.47%), GABRIEL (4.81%), ETERNAL (4.35%), NAVINFLUOR (4.34%). The fund held 31 securities in all.

How do I invest in Union Focused Fund?

Through Union Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.

Who is the fund manager of Union Focused Fund?

Pratik Dharmshi (since 09-12-2024), Vinod Malviya (since 01-11-2024).

What is the exit load of Union Focused Fund?

Exit load of 1%, if redeemed within 15 days.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.