August 19, 2025
RA Jainee
Union Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.8000
NAV IDCW: Rs 10.8000
Suitable For Which Investors?
Multi Asset Allocation funds are suitable for investors:
1. Looking to invest in a portfolio of equity, debt and commodity for moderate returns
2. Who prefer to let fund manager decide how much to invest in equity, debt and commodity
3. Aiming for long term wealth creation
4. With a 5-8 year investment horizon
5. Who are new/unfamiliar with market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The Scheme seeks to generate long-term capital appreciation by investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments, units of Gold Exchange Traded Funds (ETFs) and / or Silver ETFs and units of REITs & InvITs as per the asset allocation pattern of the Scheme.
Fund Manager:
1) Sanjay Bembalkar
Education: Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience: Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
2) Vinod Malviya
Education: Mr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared)
Experience: Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.
3) Anindya Sarkar
Education: Mr. Sarkar is a BE Civil, MBA (Finance), MBA (Risk & Insurance), FRM
Experience: Prior to joining Union Asset Management Company Private Limited, he has worked with Sarcon Blockbuild Ltd, Navigators Inc., ICAP India Private Limited.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
Basic Details of Union Multi Asset Allocation Fund
| Fund House | Union Mutual Fund |
| Launch Date | 10-Sep-24 |
| Return Since Launch | 8.00% |
| Benchmark | NIFTY 50 TRI (65), NIFTY Composite Debt Index (20), Domestic Price of Gold (15) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 772 Cr |
| (As on 31-Jul-2025) | |
| Expense | 1.02% |
| (As on 31-Jul-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Union Multi Asset Allocation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Union Multi Asset Allocation Dir | 7.57 | 0.65 | 0.00 | 2.47 | 11.23 | — | — | — | — | — |
| VR Multi Asset TRI | 5.03 | 0.00 | -1.47 | 1.73 | 9.47 | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | 7.37 | 0.48 | -0.25 | 2.40 | 9.82 | — | — | — | — | — |
| Rank within category | 20 | 12 | 15 | 19 | 12 | — | — | — | — | — |
| Number of funds in category | 40 | 44 | 43 | 41 | 41 | 37 | 21 | 14 | 10 | 7 |
Peer Comparison of Union Multi Asset Allocation Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Union Multi Asset Allocation Dir | Unrated | — | — | — | 1.02 | 772 | 8.00 | 1.00 (15) | 11M | — |
| ICICI Pru Multi Asset Dir | 5 star | 9.98 | 19.46 | 23.61 | 0.66 | 63,001 | 16.78 | 1.00 (365) | 12Y 7M | 26.00 |
| SBI Multi Asset Allocation Dir | 4 star | 8.95 | 16.60 | 14.80 | 0.58 | 9,440 | 12.31 | 1.00 (365) | 12Y 7M | — |
| UTI Multi Asset Allocation Dir | 4 star | 5.00 | 19.26 | 16.38 | 0.59 | 5,902 | 10.35 | 1.00 (30) | 12Y 7M | 252.00 |
| HDFC Multi Asset Dir | 4 star | 8.53 | 14.86 | 16.29 | 0.77 | 4,635 | 11.99 | 1.00 (365) | 12Y 7M | 18.74 |
Portfolio Analysis of Union Multi Asset Allocation Fund
| No. of Stocks | 70 |
| Top 10 Holdings | 45.63% |
| Top 5 Stocks | 31.93% |
| Top 3 Sectors | 31.36% |
| Portfolio P/B Ratio | 3.85 |
| Portfolio P/E Ratio | 25.51 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,30,293 | 2,40,222 |
| Giant (%) | 60.45 | 59.23 |
| Large (%) | 21.01 | 19.18 |
| Mid (%) | 13.32 | 16.95 |
| Small (%) | 5.21 | 5.12 |
| Tiny (%) | — | 0.02 |
| Fund | Category | |
| Number of Securities | 85 | 72 |
| Macaulay Duration (yrs) | 4.66 | 3.00 |
| Average Maturity (yrs) | 6.56 | 4.75 |
| Yield to Maturity (%) | 6.48 | 6.45 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Union Multi Asset Allocation Fund
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