Investment Objective - The investment objective of the scheme is 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 House

Union Mutual Fund

Return Since Launch

6.03%

Launch Date

Jan 30, 2019

Type

Open Ended

Riskometer

Low

Ratio Analysis

Standard Deviation

0.44 vs NA

Fund Vs Category Avg

Beta

0.60 vs NA

Fund Vs Category Avg

Sharpe Ratio

2.93 vs NA

Fund Vs Category Avg

Portfolio Turnover Ratio

1294.00 vs NA

Fund Vs Category Avg

Top Holdings

Name	Assets (%)	Sector	Instrument
HDFC Bank Ltd.	2.77	Banks	Equity
Bharti Airtel Ltd.	2.74	Telecommunications	Equity
Kotak Mahindra Bank Ltd.	2.50	Banks	Equity
RBL Bank Ltd.	2.35	Banks	Equity
Reliance Industries Ltd.	2.25	Petroleum	Equity
Sun Pharmaceutical Industries Ltd.	1.92	Pharmaceuticals and health care	Equity
HDFC Asset Management Company Ltd.	1.83	Finance	Equity
One97 Communications Ltd.	1.79	Information Technology	Equity
ICICI Bank Ltd.	1.73	Banks	Equity
Infosys Ltd.	1.72	Information Technology	Equity

View All

Sep 23, 2025

Performance Analysis

	1W	1M	3M	6M	1Y	3Y	5Y	10Y	SI
Fund Returns (%)	0.03	0.27	1.34	3.11	7.51	7.42	6.00	NA	6.03
Category Average (%)	0.03	0.27	1.24	2.90	5.60	5.41	4.24	NA	6.14
Rank within Category	193	104	76	68	47	33	31	NA	58

* Returns over 1 year are CAGR

Peer Comparision

Scheme Name(Growth Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
Kotak Arbitrage Fund	40.54	72,274	0.04	0.31	1.38	3.35	7.15	7.77	6.49	6.49	11.63	0.44
SBI Arbitrage Opportunities Fund	36.40	41,552	0.03	0.31	1.40	3.40	7.10	7.65	6.34	6.25	10.71	0.41
ICICI Prudential Equity - Arbitrage Fund	37.24	32,593	0.03	0.30	1.38	3.34	7.06	7.58	6.28	6.39	10.89	0.40
Invesco India Arbitrage Fund	34.94	25,150	0.03	0.31	1.44	3.38	7.15	7.79	6.53	6.46	10.33	0.39
Aditya Birla Sun Life Arbitrage Fund	28.99	23,581	0.04	0.31	1.40	3.47	7.23	7.66	6.35	6.40	8.72	0.31
HDFC Arbitrage Fund - Wholesale Plan	20.42	21,771	0.03	0.30	1.39	3.27	6.99	7.54	6.20	6.18	6.41	0.41
HDFC Arbitrage Fund	32.36	21,771	0.03	0.30	1.38	3.27	6.98	7.54	6.20	6.18	9.66	0.35
Tata Arbitrage Fund	15.31	18,596	0.05	0.36	1.48	3.51	7.29	7.74	6.44	NA	6.50	0.31
Edelweiss Arbitrage Fund	21.06	15,931	0.03	0.30	1.37	3.33	7.15	7.70	6.44	6.58	6.85	0.38
Nippon India Arbitrage Fund	29.03	15,506	0.03	0.31	1.36	3.25	6.93	7.57	6.33	6.50	8.73	0.38

View All

Sep 23, 2025

Return Calculator

₹ One-Time

Over the past

Invested

₹5000

Invested Amount
Estimated Return

Total investment of ₹5000

Would have become ₹5,338 (+6.76%)

Fund Manager

Vishal Thakker

Devesh Thacker

Mr. Vishal Thakker is a Master of Finance Management. Prior to this, he has worked with Elara Capital as Sales Trader and with Emkay Shares & Stock Broking as Dealer.

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Here is the list of funds managed by Vishal Thakker

Scheme Name(Growth Direct)	Category	NAV(Rs)	AUM(Rs Cr)	1Y(%)	5Y(%)
Union Arbitrage Fund	Hybrid - Arbitrage	14.69	317	6.76	6.00
Union Income Plus Arbitrage Active FOF	Others - Fund of Funds	10.06	166	NA	NA

Sep 23, 2025

Top Performing Related Funds

Scheme Name(Growth Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
Union Liquid Fund	2,577.32	6,150	0.09	0.48	1.45	3.29	6.94	7.13	5.75	5.87	7.72	0.07
Union Flexi Cap Fund	57.70	2,321	-0.60	1.60	2.56	10.79	-1.30	17.22	21.76	14.23	14.76	0.91
Union Small Cap Fund	55.58	1,658	-0.94	1.74	6.25	16.57	-1.85	18.60	27.68	16.52	16.43	0.94
Union Midcap Fund	52.36	1,508	-0.81	0.71	4.10	15.84	-1.04	20.51	27.57	NA	35.21	0.75
Union Balanced Advantage Fund	22.07	1,351	-0.36	0.91	2.60	7.34	2.37	11.95	12.79	NA	10.80	1.00
Union Multicap Fund	16.73	1,148	-0.65	1.58	4.56	13.12	-2.56	NA	NA	NA	20.62	0.93