Union Innovation & Opportunities Fund
NAV
₹16.98
as of 21 Aug 2026
Union Innovation & Opportunities Fund is an open-ended Sectoral/ Thematic scheme from Union Mutual Fund managing ₹1,253 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹16.98 as of 21 Aug 2026. The expense ratio is 0.7% a year. Managed by Sanjay Bembalkar. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.7% / yr
- as of 30 Jun 2026
- Fund size
- ₹1,253 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 6 Sept 2023
- ISIN
- INF582M01JE6
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty 500 Index (TRI)
Union Innovation & Opportunities Fund
₹169
+69% on ₹100 over 3.0 yrs
Sectoral/ Thematic average
₹163
+63% on ₹100 over 3.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 16.77% | – | – |
| 6 months | 20.00% | – | – |
| 1 year | 14.56% | – | – |
| 3 years (CAGR) | 19.49% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -2.9%
- Median
- 9.5%
- Best
- 49.0%
24 windows over the last 35 months, stepped monthly; 92% ended positive. Worst window began 1 Jan 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Right now
At a peak
Where the money actually is
Equity
97.0%
Cash
3.0%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
56 positions · top 10 = 33.8%
Market-cap mix
Large 15.0%Mid 28.3%Small 53.7%Other 3.0%
as of 30 Jun 2026
Holdings by sector
Consumer Cyclical(3 in top 10)27.7%
- Eternal Ltd4.29%
- Ather Energy Ltd3.24%
- ZF Commercial Vehicle Control Systems India Ltd2.92%
Industrials(2 in top 10)14.1%
- CG Power & Industrial Solutions Ltd3.42%
- GE Vernova T&D India Ltd3.35%
Financial Services(1 in top 10)11.7%
- The Federal Bank Ltd3.90%
- Healthcare11.5%
Technology(1 in top 10)11.1%
- One97 Communications Ltd3.74%
Basic Materials(1 in top 10)7.2%
- Acutaas Chemicals Ltd3.43%
- Communication Services5.7%
Utilities(1 in top 10)2.8%
- JSW Energy Ltd2.84%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 58.5% a year.
Other top holdings
- Treps3.01%
The businesses it owns
- P/E (trailing)
- 46.2
- P/B
- 6.2
- Dividend yield
- 0.2%
- Net margin
- 13.7%
- Earnings growth
- 13.4%
- Avg market cap
- ₹42,673 crore
Money in, money out
- Net flow, 12 months
- +₹121 cr
- Net flow, 3 months
- +₹17 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Union Innovation & Opportunities Fund?
- ₹16.98 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union Innovation & Opportunities Fund?
- 0.7% a year for the Direct plan, as of 30 Jun 2026.
- How large is Union Innovation & Opportunities Fund?
- ₹1,253 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is Union Innovation & Opportunities Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages Union Innovation & Opportunities Fund?
- Sanjay Bembalkar, managing this fund for 2.9 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- Aditya Birla Sun Life Special Opportunities Fund₹1,263 crore
- Axis Innovation Fund₹1,257 crore
- HSBC India Export Opportunities Fund₹1,233 crore
- Aditya Birla Sun Life Infrastructure Fund₹1,231 crore
- Union Business Cycle Fund₹510 crore
- Union Active Momentum Fund₹493 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty 500 Index (TRI)) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.