GMP IPO Watch
Solution Oriented Schemes ** - Retirement Fund
Union Retirement Fund
Direct Plan · IDCW Option · Union Mutual Fund
Risk: Very High Risk
52W Low ₹15.07 23 Mar 2026
52W High ₹17.84 25 Aug 2026
₹16.8100
NAV as of 4 Nov 2026
+0.72% day change
Other Plans of This Fund
ISININF582M01IL3
Scheme Code150555
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹0.17 Cr
Expense Ratio (as of 4 Nov 2026)1.32%
Min. InvestmentRs 1,000 and in multiples of Rs.1 thereafter.
Inception Date1 Sept 2022
BenchmarkBSE 500 Index (TRI)
Portfolio Turnover64.19%
NFO Period01 Sep 2022 – 15 Sep 2022
Returns
1Y
+0.42%
3Y
+12.60%
Since Inception
+14.68%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.83% | +3.10% | 11 of 29 |
| 1M | +2.44% | +2.05% | 15 of 29 |
| 3M | -4.81% | -2.98% | 23 of 29 |
| 6M | +0.54% | +0.56% | 17 of 29 |
| YTD | -0.77% | -1.35% | 14 of 29 |
| 1Y | +0.42% | -1.13% | 14 of 29 |
| 2Y | +3.68% | +1.82% | 12 of 29 |
| 3Y | +12.60% | +7.99% | 4 of 27 |
| INCEPTION | +14.68% | — | — |
Ranked among: Solution Oriented Schemes ** - Retirement Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.83% | +17.44% | -13.72% | 71% | 29% |
| 6M | +8.23% | +27.34% | -14.58% | 79% | 33% |
| 1Y | +17.54% | +47.03% | -6.09% | 96% | 42% |
| 2Y | +15.34% | +30.70% | -0.63% | 99% | 44% |
| 3Y | +16.80% | +20.21% | +10.32% | 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
- Equity97.85%
- Debt0.07%
- Cash2.08%
- Other0.00%
Market Cap Split
- Large Cap46.79%
- Mid Cap20.48%
- Small Cap30.58%
- Others2.15%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 24.89 | 24.10 |
| P/B | 4.37 | 3.50 |
| Price / Sales | 3.88 | 3.15 |
| Price / Cash Flow | 23.52 | 19.54 |
| Dividend Yield (%) | 0.83 | 1.37 |
Holdings80
Top 5 Stocks17.47%
Top 10 Stocks27.49%
Top 3 Sectors30.07%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ICICI Bank | Banks | 5.76% | -0.29% |
| HDFC Bank | Banks | 4.29% | -0.30% |
| MCX | Capital Markets | 2.72% | -0.11% |
| Solar Industries | Chemicals & Petrochemicals | 2.53% | +0.07% |
| TREPS | Reverse Repo / TREPS | 2.35% | — |
| Eternal | Retailing | 2.17% | +0.05% |
| Reliance Industries | Petroleum Products | 2.10% | -0.06% |
| Axis Bank | Banks | 2.08% | +0.16% |
| Navin Fluorine International | Chemicals & Petrochemicals | 2.00% | -0.01% |
| SJS Enterprises | Auto Components | 1.97% | -0.10% |
| Azad Engineering | Electrical Equipment | 1.87% | +0.15% |
| Tata Consumer Products | Agricultural Food & other Products | 1.84% | -0.08% |
| GE Vernova T&D | Electrical Equipment | 1.83% | -0.02% |
| NTPC | Power | 1.80% | +0.06% |
| State Bank of India | Banks | 1.77% | -0.24% |
View all 82 holdings
| Karur Vysya Bank | Banks | 1.72% | -0.04% |
| CarTrade Tech | Retailing | 1.61% | +0.02% |
| Dixon Technologies | Consumer Durables | 1.59% | +0.01% |
| Titan | Consumer Durables | 1.55% | -0.10% |
| Kirloskar Oil Engines | Industrial Products | 1.53% | +0.20% |
| Infosys | IT - Software | 1.52% | -0.13% |
| Acutaas Chemicals | Pharmaceuticals & Biotechnology | 1.51% | +0.12% |
| Phoenix Mills | Realty | 1.50% | +0.09% |
| Bharti Airtel | Telecom - Services | 1.45% | +0.03% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 1.44% | -0.01% |
| Ujjivan Small Finance Bank | Banks | 1.41% | +0.04% |
| Gabriel | Auto Components | 1.40% | -0.03% |
| ZF Commercial | Auto Components | 1.36% | -0.05% |
| Mphasis | IT - Software | 1.34% | -0.10% |
| Adani Ports & SEZ | Transport Infrastructure | 1.31% | +0.35% |
| Nippon Life India AMC | Capital Markets | 1.30% | -0.06% |
| Hyundai Motor India | Automobiles | 1.28% | +0.11% |
| Shriram Finance | Finance | 1.24% | -0.09% |
| Max Financial Services | Insurance | 1.16% | -0.11% |
| Ajanta Pharma | Pharmaceuticals & Biotechnology | 1.16% | +0.06% |
| KSB | Industrial Products | 1.12% | +0.11% |
| KFin Technologies | Capital Markets | 1.10% | -0.11% |
| Hindustan Copper | Non - Ferrous Metals | 1.08% | -0.06% |
| Max Healthcare Institute | Equity | 1.07% | -0.07% |
| Angel One | Capital Markets | 1.06% | +0.00% |
| Cholamandalam Investment | Finance | 1.06% | -0.10% |
| Varun Beverages | Beverages | 1.05% | +0.12% |
| Sona BLW Precision Forgings | Auto Components | 1.00% | — |
| JSW Steel | Ferrous Metals | 1.00% | +0.00% |
| Cemindia Projects | Construction | 0.98% | +0.02% |
| Maruti Suzuki | Automobiles | 0.96% | -0.29% |
| Bharat Heavy Electricals | Electrical Equipment | 0.96% | -0.01% |
| Tata Motors | Agricultural, Commercial & Construction Vehicles | 0.92% | +0.05% |
| LG Electronics | Consumer Durables | 0.92% | +0.21% |
| JK Cement | Cement & Cement Products | 0.91% | +0.03% |
| Persistent Systems | IT - Software | 0.89% | -0.02% |
| Trent | Retailing | 0.89% | -0.04% |
| Amber Enterprises | Consumer Durables | 0.84% | -0.08% |
| Arvind | Textiles & Apparels | 0.84% | +0.02% |
| CG Power & Industrial Solutions | Electrical Equipment | 0.83% | -0.02% |
| Shadowfax Technologies | Transport Services | 0.81% | — |
| Aarti Industries | Chemicals & Petrochemicals | 0.81% | +0.08% |
| TVS Motors | Automobiles | 0.80% | +0.00% |
| Apollo Hospitals | Equity | 0.79% | -0.03% |
| Adani Enterprises | Metals & Minerals Trading | 0.77% | +0.04% |
| MTAR Technologies | Electrical Equipment | 0.76% | +0.11% |
| Grasim Industries | Cement & Cement Products | 0.74% | -0.04% |
| DOMS Industries | Household Products | 0.73% | -0.01% |
| Data Patterns | Aerospace & Defense | 0.73% | +0.00% |
| HCL Technologies | IT - Software | 0.71% | -0.02% |
| Jubilant FoodWorks | Leisure Services | 0.71% | -0.02% |
| Blue Star | Consumer Durables | 0.71% | +0.06% |
| Interglobe Aviation | Transport Services | 0.66% | -0.01% |
| Godrej Properties | Realty | 0.63% | -0.12% |
| CDSL | Capital Markets | 0.61% | — |
| Home First Finance Company | Finance | 0.59% | +0.00% |
| Garden Reach Shipbuilders | Aerospace & Defense | 0.58% | +0.11% |
| Ather Energy | Automobiles | 0.55% | -0.09% |
| KEI Industries | Industrial Products | 0.54% | -0.12% |
| Hindalco Industries | Non - Ferrous Metals | 0.52% | -0.02% |
| Vijaya Diagnostic Centre | Equity | 0.52% | -0.01% |
| Engineers India | Construction | 0.43% | — |
| Atul | Chemicals & Petrochemicals | 0.43% | -0.01% |
| PB FinTech | Financial Technology (Fintech) | 0.13% | — |
| 91 Day Treasury Bills | Money Market | 0.04% | +0.01% |
| 91TB241226 | Money Market | 0.03% | — |
| Net Receivable / Payable | Net Current Assets | -0.27% | — |
Sector Allocation · Sep 2026
View all 33 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 15.25 | 10.03 | High Volatility |
| 3Y | 14.43 | 9.44 | 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 | -0.44 | -0.86 | Above Average |
| 3Y | 0.45 | 0.13 | 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 | 0.14 | 0.14 | Above Average |
| 3Y | 1.26 | 1.80 | Below 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 |
|---|---|---|---|---|
|
ICICI Prudential Retirement Fund Hybrid Conservative Plan
Direct Plan · Growth
|
+3.76% | +9.45% | +8.46% | +9.46% |
|
ICICI Prudential Retirement Fund Pure Debt Plan
Regular Plan · IDCW
|
+2.93% | +5.47% | +4.89% | +6.02% |
|
Aditya Birla Sun Life Retirement Fund-The 50s Plus-Debt Plan
Regular Plan · GROWTH
|
+2.07% | +4.62% | +3.81% | +4.09% |
|
Tata Retirement Savings Fund-Progressive Plan
Regular Plan · Growth Option
|
+1.88% | +10.99% | +8.44% | +13.46% |
|
Tata Retirement Savings Fund-Moderate Plan
Regular Plan · Growth Option
|
+1.79% | +10.45% | +8.40% | +13.39% |
|
Tata Retirement Savings Fund-Conservative Plan
Regular Plan · Growth Option
|
+1.77% | +6.41% | +5.30% | +8.15% |
|
SBI Retirement Benefit Fund - Conservative Plan
Regular Plan · IDCW
|
+1.68% | +6.18% | +6.34% | +6.80% |
|
SBI Retirement Benefit Fund - Conservative Hybrid Plan
Direct Plan · Growth
|
+1.40% | +7.18% | +7.48% | +8.87% |
|
PGIM India Retirement Fund
Direct Plan · Direct Growth
|
+1.12% | — | — | +9.54% |
|
Aditya Birla Sun Life Retirement Fund-The 30s Plan
Regular Plan · IDCW
|
+1.00% | +5.13% | +4.41% | +7.08% |
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 Innovation & Opportunities Fund
Direct Plan · Growth Option
|
+8.71% | +19.25% | — | +17.75% |
|
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% |
About This Scheme
Investment Objective
The investment objective of the Scheme is to generate long term capital gains by investing in a mix of securities comprising of equity, equity related securities and debt instruments as per the asset allocation pattern of the Scheme with a view to provide a retirement investment solution to investors. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Stated Asset Allocation
Equity and Equity related instruments - 65%- 100% of net assets, Debt and Money Market instruments - 0%-35% of net assets, Units issued by InvITs - 0% to 10% of net assets. Please refer the Scheme Information Document for complete details.
Exit Load
Nil
Fund Managers
FM 1 - Mr. Pratik Dharmshi, FM 2 - Mr. Pratit Vajani
FM 1 - Co-manage, FM 2 - Co-manage
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Union Asset Management Company Private Limited website
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.