EquitySectoral/ ThematicDirect · Growth
Union Innovation & Opportunities Fund - Direct Plan - Growth Option
Union · Scheme 151905
₹16.89▲ 0.30%NAV · 2026-09-18
Strong FundScore
AUM
₹1,253 cr
Expense ratio
0.99%
3Y CAGR
—
Risk level
High
Min SIP
₹500
Benchmark
Nifty 500 TRI
Fund manager: Sanjay BembalkarExit load: Exit load of 1%, if redeemed within 1 year.
Strong · 75/100
A high-quality fund that scores well on the factors that matter.
🎯 For aggressive investors with a 7+ year horizon who can tolerate sharp ups and downs.
📈 Why it could do well
- ✓1Y return: +16.1%
- ✓Alpha vs benchmark: +11.9%
📉 What could drag it down
- •Sectoral/ Thematics are inherently higher-risk — best held 7+ years to ride out swings.
- •Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
- •Sortino ratio: 0.95
FundScore breakdown
75/100 · Strong
Returns
Excellent
Consistency
Average
Risk-adjusted
Decent
Downside protection
Decent
Cost efficiency
Strong
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.