GMP IPO Watch
Union Innovation & Opportunities Fund
Direct Plan · IDCW Option · Union Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +4.04% | +3.52% | 117 of 255 |
| 1M | +2.93% | +1.97% | 87 of 255 |
| 3M | -6.59% | -3.45% | 33 of 252 |
| 6M | +6.70% | +2.92% | 21 of 251 |
| YTD | +4.67% | +1.21% | 41 of 255 |
| 1Y | +1.11% | +1.11% | 52 of 232 |
| 2Y | +4.27% | +2.39% | 42 of 187 |
| 3Y | +16.41% | +12.36% | 32 of 142 |
| INCEPTION | +15.06% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +4.72% | +24.47% | -21.94% | 73% | 29% |
| 6M | +8.92% | +37.85% | -19.34% | 69% | 28% |
| 1Y | +13.89% | +51.98% | -6.57% | 90% | 39% |
| 2Y | +12.52% | +26.05% | +0.03% | 100% | 44% |
| 3Y | +15.36% | +17.39% | +13.37% | 100% | 46% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity96.14%
- Debt0.11%
- Cash3.75%
- Other0.00%
Market Cap Split
- Large Cap13.08%
- Mid Cap27.83%
- Small Cap55.23%
- Others3.86%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 31.79 | 28.09 |
| P/B | 6.47 | 4.63 |
| Price / Sales | 6.35 | 3.31 |
| Price / Cash Flow | 34.33 | 21.08 |
| Dividend Yield (%) | 0.22 | 1.16 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| One 97 Communications | Financial Technology (Fintech) | 5.25% | +0.03% |
| Eternal | Retailing | 4.80% | +0.02% |
| TREPS | Reverse Repo / TREPS | 3.65% | — |
| Info Edge | Retailing | 3.49% | +0.48% |
| GE Vernova T&D | Electrical Equipment | 3.20% | +0.30% |
| Sai Life Sciences | Pharmaceuticals & Biotechnology | 3.12% | +0.22% |
| Ather Energy | Automobiles | 3.09% | -0.53% |
| Acutaas Chemicals | Pharmaceuticals & Biotechnology | 2.95% | +0.19% |
| CG Power & Industrial Solutions | Electrical Equipment | 2.84% | -0.12% |
| Sona BLW Precision Forgings | Auto Components | 2.84% | +0.14% |
| Syrma SGS | Industrial Manufacturing | 2.68% | +0.58% |
| ZF Commercial | Auto Components | 2.59% | -0.14% |
| Phoenix Mills | Realty | 2.46% | +0.11% |
| RBL Bank | Banks | 2.41% | +0.44% |
| Affle 3i | IT - Services | 2.39% | -0.06% |
View all 57 holdings
| CarTrade Tech | Retailing | 2.31% | +0.00% |
| JSW Energy | Power | 2.23% | -0.05% |
| Mamaearth | Personal Products | 2.23% | -0.18% |
| Delhivery | Transport Services | 2.17% | -0.17% |
| Amber Enterprises | Consumer Durables | 2.14% | -0.23% |
| Groww | Capital Markets | 2.11% | -0.03% |
| SJS Enterprises | Auto Components | 2.09% | -0.15% |
| Inventurus Knowledge Solutions | IT - Services | 2.09% | +0.08% |
| Aether Industries | Chemicals & Petrochemicals | 1.84% | +0.06% |
| Shriram Finance | Finance | 1.80% | -0.18% |
| Saregama India | Entertainment | 1.72% | +0.13% |
| MTAR Technologies | Electrical Equipment | 1.71% | +0.20% |
| Data Patterns | Aerospace & Defense | 1.69% | +0.20% |
| Federal Bank | Banks | 1.64% | -0.15% |
| Lenskart Solutions | Retailing | 1.57% | +0.09% |
| Gabriel | Auto Components | 1.50% | -0.06% |
| Krishna Institute of Medical Sciences | Equity | 1.42% | -0.37% |
| Sagility | IT - Services | 1.38% | -0.10% |
| UNO Minda | Auto Components | 1.31% | -0.08% |
| Neogen Chemicals | Chemicals & Petrochemicals | 1.29% | +0.17% |
| Ethos | Consumer Durables | 1.21% | -0.14% |
| Urban Company | Retailing | 1.16% | -0.03% |
| Shadowfax Technologies | Transport Services | 1.09% | +0.11% |
| Navin Fluorine International | Chemicals & Petrochemicals | 1.04% | -0.02% |
| Dixon Technologies | Consumer Durables | 1.00% | -0.10% |
| KFin Technologies | Capital Markets | 0.99% | -0.12% |
| Fractal Analytics | IT - Software | 0.97% | -0.11% |
| Bharat Electronics | Aerospace & Defense | 0.96% | -0.04% |
| Nykaa | Retailing | 0.93% | -0.06% |
| Swiggy | Retailing | 0.92% | -0.08% |
| Gokaldas Exports | Textiles & Apparels | 0.91% | +0.03% |
| Capillary Technologies | IT - Software | 0.91% | +0.13% |
| Sky Gold And Diamonds | Consumer Durables | 0.78% | +0.02% |
| PB FinTech | Financial Technology (Fintech) | 0.61% | -0.92% |
| TVS Motors | Automobiles | 0.57% | -0.01% |
| Shiprocket | Transport Services | 0.56% | -0.07% |
| INOX India | Industrial Products | 0.48% | -0.01% |
| Meesho | Retailing | 0.38% | +0.05% |
| KSB | Industrial Products | 0.32% | +0.03% |
| Net Receivable / Payable | Net Current Assets | 0.10% | — |
| 91TB241226 | Money Market | 0.06% | — |
| 91 Day Treasury Bills | Money Market | 0.05% | +0.00% |
Sector Allocation · Sep 2026
View all 23 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 19.02 | 16.32 | High Volatility |
| 3Y | 18.43 | 16.10 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.26 | -0.32 | Above Average |
| 3Y | 0.57 | -0.45 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.21 | 0.19 | Above Average |
| 3Y | 1.27 | 1.14 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+59.64% | +47.37% | — | +23.17% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.51% | +31.04% | — | +30.18% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+23.57% | — | — | +20.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+22.37% | — | — | +11.34% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.32% | +18.33% | +12.09% | +15.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+20.03% | — | — | +11.89% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+18.89% | +19.86% | +8.28% | +8.45% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+18.80% | +34.56% | — | +36.67% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+18.74% | — | — | +9.24% |
More From Union Asset Management Company Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Union Gold ETF Fund of Fund
Direct Plan · Growth Option
|
+17.00% | — | — | +31.55% |
|
Union Gold ETF
Direct Plan · Growth Option
|
+16.73% | — | — | +31.97% |
|
Union Active Momentum Fund
Direct Plan · IDCW Option
|
+15.74% | — | — | +0.32% |
|
Union Small Cap Fund
Direct Plan · Growth Option
|
+14.82% | +15.43% | +16.22% | +16.18% |
|
Union Arbitrage Fund
Direct Plan · IDCW Option
|
+6.65% | +7.17% | +6.60% | +5.78% |
|
Union Money Market Fund
Direct Plan · Growth Option
|
+6.62% | +7.14% | +6.53% | +6.40% |
|
Union Liquid Fund
Direct Plan · Growth Option
|
+6.49% | +6.92% | +6.45% | +6.53% |
|
Union Diversified Equity All Cap Active FOF
Direct Plan · IDCW Option
|
+5.99% | — | — | +7.33% |
|
Union Multicap Fund
Direct Plan · Growth Option
|
+5.87% | +15.07% | — | +17.37% |
|
Union Multi Asset Allocation Fund
Direct Plan · Growth Option
|
+5.71% | — | — | +9.50% |
About This Scheme
Investment Objective
The Investment Objective of the Scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Stated Asset Allocation
Equity & Equity related instruments including Instruments of Innovative entity(ies) : 80% - 100% of net assets, Equity and Equity Related Instruments of other than above entity(ies): 0% - 20% of net assets, Money Market Instruments, Other Liquid Instruments and other assets as permitted by SEBI: 0%-20% of net assets and Units issued by InvITs: 0% - 10% of net assets. Please refer the Scheme Information Document for more details.
Exit Load
1% if units are redeemed/switched out on or before completion of 1 year from the date of allotment. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units.
Fund Managers
FM 1 Mr. Gaurav Chopra, FM 2 Mr. Sanjay Bembalkar
FM 1 Co-manage, FM 2 Co-manage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.