Primarily market-linked growth exposure
To seek capital appreciation and/or to generate consistent returns by actively investing in a combination of diversified equity and equity related instruments, arbitrage and derivative strategies and exposure in debt and money market instruments. However, there is no assurance that the Investment Objective of the scheme will be achieved.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
A. Equities, equity related instruments and derivatives including index futures, stock futures, index options, & stock options, etc. as partly hedged /arbitrage exposure#: 65% - 90%; A1. Equity & Equity Related instruments (unhedged)^: 15% - 40%; A2. Equity & Equity Related instruments (hedged)^: 25% - 75%; B. Debt, Money Market Instruments and other assets as permitted by SEBI: 10% - 35%; C. Units Issued by InvITs: 0% - 10%. # Minimum Hedged (arbitrage position) exposure would be 25%. ^Unhedged equity exposure means exposure to equity shares alone without a corresponding equity derivative exposure. Investments in Derivatives – upto 75% of the net assets of the scheme. Please refer the Scheme Information Document for complete details.
- SEBI category
- Hybrid Scheme – Equity Savings Fund
- Fund type
- An open ended scheme investing in equity, arbitrage and debt.
- Primary benchmark
- CRISIL Equity Savings Index (TRI)# #CRISIL Benchmark Disclaimer: CRISIL Indices are the sole property of CRISIL Limited (CRISIL). CRISIL Indices shall not be copied, transmitted or distributed in any manner for any commercial use. CRISIL has taken due care and caution in computation of the Indices, based on the data obtained from sources, which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of the Indices and is not responsible for any errors or for the results obtained from the use of the Indices. CRISIL especially states that it has no financial liability whatsoever to the users of CRISIL Indices.
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Sanjay Bembalkar · Mr. Gaurav Chopra · Mr. Parijat Agrawal
- Manager tenure on this scheme
- Mr. Sanjay Bembalkar — since 25-01-2023 · Mr. Gaurav Chopra — since 01-11-2024 · Mr. Parijat Agrawal — since 09-08-2018
- Role / co-management
- Mr. Sanjay Bembalkar — comanage · Mr. Gaurav Chopra — comanage · Mr. Parijat Agrawal — comanage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Union Equity Savings Fund - Direct Plan - Growth Option | ₹18.2700 | 04 Sep 2026 |
| Union Equity Savings Fund - Direct Plan - IDCW Option | ₹17.0400 | 04 Sep 2026 |
| Union Equity Savings Fund - Regular Plan - Growth Option | ₹17.4800 | 04 Sep 2026 |
| Union Equity Savings Fund - Regular Plan - IDCW Option | ₹16.2500 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 2.62%, Direct 2.14%
- Exit load
- 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter
- Minimum application
- 1000 · multiples of 1
- SIP frequency
- SIP - Daily, Weekly, Fortnightly and Monthly STP - Daily, Weekly, Fortnightly, Monthly ,Quarterly and Half yearly SWP - Daily, Monthly ,Quarterly, Half yearly and Yearly
- Minimum SIP amount
- SIP - Rs. 100 for daily SIP, Rs. 500 for weekly SIP, Rs. 500 for fortnightly SIP, Rs. 500 for monthly SIP, STP - Rs. 100 for all frequenciesSWP - Rs. 500 for all frequencies
- Minimum instalments
- SIP - 6 instalments for all frequencies STP - 6 instalments for all frequencies SWP - 6 instalments for all frequencies
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.