Fundalysisby DARKHORSESTOCKS

Fund manager · Union

Vinod Malviya

Fund Manager - Equity at Union. Runs 11 schemes worth ₹7,506 Cr.

  • Fund house

    UnionThey run their schemes at Union.

  • AUM they run

    ₹7,506 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

    11 now · 2 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.

  • Experience

    17 years17 years

Profile(Union's SAI, 30 Jun 2026)

About

Role
Fund Manager - Equity
Studied
Bachelors of Management Studies, Masters in Financial Management, CFA(USA) – Level III cleared
Age
38 years
Experience
17 years

Schemes now11

  1. Union Flexi Cap Fund₹2,320 Cr
  2. Union Multi Asset Allocation Fund₹989 Cr
  3. Union Large Midcap Fund₹969 Cr
  4. Union ELSS Tax Saver Fund₹821 Cr
  5. Union Aggressive Hybrid Fund₹727 Cr
  6. Union Focused Fund₹433 Cr
  7. and 5 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₹ CrChange
Sept 20267,506−5.0%
Aug 20267,900+2.5%
Jul 20267,705+1.4%
Jun 20267,598+2.2%
May 20267,432+0.5%
Apr 20267,395+9.2%
Mar 20266,770−9.3%
Feb 20267,460+2.3%
Jan 20267,293+4.8%
Dec 20256,960−0.1%
Nov 20256,966+0.6%
Oct 20256,928+4.0%
AUM at month end, Sept 2026
₹7,506 Cr
+8.4% since Oct 2025
Fig. 1.The AUM of the schemes Vinod Malviya 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)

  1. Largecap Fund
  2. Large Midcap Fund
  3. Flexi Cap Fund
  4. Multi Asset Allocation Fund
  5. ELSS Tax Saver Fund
  6. Aggressive Hybrid Fund
  7. Focused Fund
  8. Value Fund
  9. Children S Fund
  10. Retirement Fund
  11. Gold ETF
  12. Gold ETF Fund of Fund
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

11 now · since Jan 2023
  1. Union Flexi Cap Fund
    Co-managerNov 2024—2y₹2,320 CrFlexi CapTER 1.50%
  2. Union Gold ETF
    Fund managerFeb 2025—1y 9m₹291 CrGoldTER 0.49%

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

Performance(13 schemes)

Growth · Direct plans

Return as manager
+4.71%
Beat peers
7 of 11
vs peers
+0.83 pt
Longest run
2.5 years
Beat benchmark
Upcoming
Each scheme Vinod Malviya ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
Union Largecap Fund
Jan '23–Jul '25 · 2.5y
+16.41%+19.23%−2.83 pt––
Union Large Midcap Fund
May '24–now · 2.5y
+6.99%+5.29%+1.70 pt––
Union Children S Fund
Nov '24–now · 1.9y
+1.84%+1.01%+0.83 pt––
Union Multi Asset Allocation Fund
Nov '24–now · 1.9y
+10.28%+8.84%+1.44 pt––
Union Aggressive Hybrid Fund
Nov '24–now · 1.9y
+3.18%+1.25%+1.92 pt––
Union ELSS Tax Saver Fund
Nov '24–now · 1.9y
+0.04%+0.01%+0.04 pt––
Union Flexi Cap Fund
Nov '24–now · 1.9y
+2.01%+2.81%−0.80 pt––
Union Value Fund
Nov '24–now · 1.9y
−0.47%+1.11%−1.58 pt––
Union Retirement Fund
Nov '24–Jul '25 · 0.7y
+4.63%+4.61%+0.03 pt––
Union Focused Fund
Nov '24–now · 1.9y
+4.71%+1.13%+3.57 pt––
Union Gold ETF
Feb '25–now · 1.6y
+36.95%+37.05%−0.10 pt––
Union Gold ETF Fund of Fund
Mar '25–now · 1.6y
+36.23%+11.76%+24.47 pt––
Union Consumption Fund
Dec '25–now · 0.8y
−4.10%−0.82%−3.28 pt––
Fig. 1.Each scheme Vinod Malviya ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(5 now)

  1. Sanjay BembalkarFlexi Cap Fund · Multi Asset Allocation Fund · ELSS Tax Saver Fund · Aggressive Hybrid Fund · Consumption Fund5 schemes
  2. Gaurav ChopraValue Fund · Children S Fund2 schemes
  3. Parijat AgrawalAggressive Hybrid Fund · Children S Fund2 schemes
  4. Pratik DharmshiLarge Midcap Fund · Focused Fund2 schemes
  5. Anindya SarkarMulti Asset Allocation Fund1 scheme

Career(Sept 2008 – Jan 2020)

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

  1. Position not stated
    Jul 2014—Jan 20205y 7m

with Florintree Advisors Private Limited as Principal

  1. Position not stated
    Aug 2012—Jun 20141y 11m

with East India Securities Limited as Research Analyst

  1. Position not stated
    Sept 2008—Jul 20123y 11m

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