Fund manager · Union

Gaurav Chopra

Fund Manager - Equity at Union. Runs 9 schemes worth ₹8,421 Cr.

Fund house
UnionThey run their schemes at Union.
AUM they run
₹8,421 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.
Schemes
9 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.
Experience
11 years11 years

Profile^{(Union's SAI, 30 Jun 2026)}

About

Role: Fund Manager - Equity
Studied: B.Com, Chartered Accountant and CFA (USA) – Level III cleared
Age: 33 years
Experience: 11 years

Schemes now9

Union Small Cap Fund₹2,732 Cr
Union Midcap Fund₹1,906 Cr
Union Innovation Opportunities Fund₹1,307 Cr
Union Balanced Advantage Fund₹1,158 Cr
Union Active Momentum Fund₹543 Cr
Union Value Fund₹378 Cr
and 3 more, all below

AUM they run^{(Jan 2023 – Sept 2026)}

AUM at month end each month, and its change on the month before
12 months	₹ Cr	Change
Sept 2026	8,421	−2.2%
Aug 2026	8,607	+6.6%
Jul 2026	8,076	+2.5%
Jun 2026	7,882	+5.3%
May 2026	7,485	+3.1%
Apr 2026	7,257	+12.8%
Mar 2026	6,435	−8.5%
Feb 2026	7,032	+2.4%
Jan 2026	6,865	−3.2%
Dec 2025	7,090	−1.1%
Nov 2025	7,168	0.0%
Oct 2025	7,170	+7.3%

AUM at month end, Sept 2026

₹8,421

+17.5% since Oct 2025

Fig. 1.The AUM of the schemes Gaurav Chopra ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time^{(Jan 2023 – now)}

Union202420252026

Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes^{(Jan 2023 – now)}

Union

9 now · since Jan 2023

Union Small Cap Fund
Co-managerNov 2024—2y₹2,732 CrSmall CapTER 1.08%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance^{(9 schemes)}

Growth · Direct plans

Return as manager: +3.42%
Beat peers: 6 of 9
vs peers: +0.07 pt
Longest run: 3.8 years
Beat benchmark: Upcoming

Each scheme Gaurav Chopra ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.

Union Midcap Fund	Jan '23–now · 3.8y	+18.23%	+18.18%	+0.06 pt	–	–
Union Innovation Opportunities Fund	Nov '24–now · 1.9y	+7.38%	+2.01%	+5.37 pt	–	–
Union Small Cap Fund	Nov '24–now · 1.9y	+10.13%	+3.89%	+6.24 pt	–	–
Union Balanced Advantage Fund	Nov '24–now · 1.9y	+2.49%	+2.41%	+0.07 pt	–	–
Union Children S Fund	Nov '24–now · 1.9y	+1.84%	+1.01%	+0.83 pt	–	–
Union Equity Savings Fund	Nov '24–now · 1.9y	+3.42%	+4.46%	−1.04 pt	–	–
Union Value Fund	Nov '24–now · 1.9y	−0.47%	+1.11%	−1.58 pt	–	–
Union Active Momentum Fund	Dec '24–now · 1.8y	+1.70%	+2.70%	−0.99 pt	–	–
Union Diversified Equity All Cap Active FoF	Sep '25–now · 1.1y	+7.02%	+5.28%	+1.74 pt	–	–

Fig. 1.Each scheme Gaurav Chopra ran, against its peers and benchmark over the same months. Source: AMFI.

Works with^{(5 now)}

Sanjay BembalkarInnovation Opportunities Fund · Balanced Advantage Fund · Active Momentum Fund · Equity Savings Fund4 schemes
Parijat AgrawalBalanced Advantage Fund · Equity Savings Fund · Children S Fund3 schemes
Pratik DharmshiSmall Cap Fund · Midcap Fund · Diversified Equity All Cap Active FoF3 schemes
Vinod MalviyaValue Fund · Children S Fund2 schemes
Vishal ThakkerBalanced Advantage Fund1 scheme

Career^{(Sept 2011 – May 2020)}

with Union Asset Management Company Pvt. Ltd as Research Analyst - Equity

Position not stated
Nov 2015—May 20204y 7m

with Centrum Portfolio Management Services - Centrum Broking Limited as Research Analyst

Position not stated
Mar 2015—Oct 20158m

with Barclays Wealth Trustees (India) Private Limited as Trust Analysts

Position not stated
Sept 2011—Sept 20143y 1m

Source.Union's Statement of Additional Information, as of 30 Jun 2026.