- AMC
- Union Mutual Fund
- Category
- Sectoral/ Thematic
- ISIN
- INF582M01JB2
Union Innovation & Opportunities Fund
₹14.2000
−₹0.1300 (−0.91%)
NAV · Regular · IDCW ·
Union Innovation & Opportunities Fund's Regular IDCW NAV was ₹14.2000 on 19 Oct 2026, down 0.91% on the day. Its 3-year return is 12.59% a year.
- Expense ratio
- 2.34%
- Fund size
- ₹1,296.34 Cr
- Min. investment
- ₹1,000
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹12.1300 to ₹16.3500.
Regular · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 2.34% (Regular)
- Exit load
- 1% if redeemed/switched out within 1 year from allotment date, nil thereafter
- Riskometer
- Very high
- Benchmark
- Nifty 500 Index (TRI)
- Launched
- 16 Aug 2023
- Fund managers
- Gaurav Chopra, Sanjay Bembalkar
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF582M01JE6 | ₹16.0300 | −0.93% | 0.99% | +5.39% |
| Regular · Growth | INF582M01JA4 | ₹15.3200 | −0.97% | 2.34% | +3.93% |
| Direct · IDCW | INF582M01JF3 | ₹14.9100 | −0.86% | 0.99% | −1.97% |
| Regular · IDCW | INF582M01JB2 | ₹14.2000 | −0.91% | 2.34% | −3.66% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
Union Innovation & Opportunities Fund moves about 1.3× as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
Union Innovation & Opportunities Fund is an open-ended mutual fund from Union Mutual Fund, in the Sectoral/ Thematic category. It began on 16 Aug 2023. It is benchmarked to the Nifty 500 Index (TRI). The fund manages ₹1,296.34 Cr across its plans as of 16 Oct 2026. The Regular · IDCW plan has an expense ratio of 2.34%. The minimum first investment is ₹1,000, and SIPs are available.
FAQs
What is the NAV of Union Innovation & Opportunities Fund?
The NAV of Union Innovation & Opportunities Fund (Regular · IDCW) was ₹14.2000 on 19 Oct 2026, down 0.91% from the previous NAV.
What plans does Union Innovation & Opportunities Fund have?
Union Innovation & Opportunities Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Union Innovation & Opportunities Fund?
The Regular · IDCW plan of Union Innovation & Opportunities Fund has an expense ratio of 2.34%.
What is the fund size (AUM) of Union Innovation & Opportunities Fund?
Union Innovation & Opportunities Fund manages ₹1,296.34 Cr across all plans as of 16 Oct 2026.
What returns has Union Innovation & Opportunities Fund delivered?
Union Innovation & Opportunities Fund returned −3.66% over 1Y, +12.59% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of Union Innovation & Opportunities Fund?
Union Innovation & Opportunities Fund: 1% if redeemed/switched out within 1 year from allotment date, nil thereafter.
What is the minimum investment and SIP amount for Union Innovation & Opportunities Fund?
The minimum first investment in Union Innovation & Opportunities Fund is ₹1,000, and ₹1,000 after that. SIPs are available (SIP available in Daily (Rs. 100 min), Weekly/Fortnightly/Monthly (Rs. 500 min) frequencies with minimum 6 instalments).
How risky is Union Innovation & Opportunities Fund?
Union Innovation & Opportunities Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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