Scheme

Union Focused Fund

Holds 29 companies worth ₹457 Cr in Aug 2026.

Fund house
UnionThe fund house that runs this scheme.
AUM
₹433 CrUnion Focused Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.4% on Aug 2026, ₹462 Cr.
Largest holding
ICICI BankICICI Bank is 9.0% of this scheme's NAV.
Fund manager
Vinod MalviyaRuns its co-manager part since 1 Nov 2024, as the fund house dates it. With Pratik Dharmshi (co-manager).

Overview^{(6 Oct 2026)}

Fund managers2

Vinod MalviyaCo-manager · Nov 2024 · 17y
Pratik DharmshiCo-manager · Dec 2024 · 15y · CA B.Com

Sanjay BembalkarJan 2023 – Dec 2024
Hardick BoraJan 2021 – Nov 2024

Key facts

Benchmark: BSE 500 Index (TRI)
Risk: Very High
Expense: Regular 2.55% · Direct 1.55%
Exit load: 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.
Started: 5 Aug 2019
Minimum: ₹1,000

Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

What changed^{(25 changes)}

Oct 2026

1 change

Expense ratio
5 OctRegular 2.57% → 2.55%Direct 1.57% → 1.55%

Sept 2026

2 changes

Jun 2026

4 changes

Source.Its filings at NSE, since Aug 2024.

Fund managers over time^{(Jan 2021 – now)}

MainCoSlice20222023202420252026

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Aug 2024 – Oct 2026)}

Every change to the expense ratio, newest first.
22 changes	Regular	Direct	Δ pt
5 Oct 2026	2.55%	1.55%	0.02
15 Sept 2026	2.57%	1.57%	0.02
6 Sept 2026	2.54%	1.59%	0.02
18 Jun 2026	2.56%	1.61%	0.11
14 Jun 2026	2.45%	1.50%	0.16
8 Jun 2026	2.61%	1.66%	0.34
1 Jun 2026	2.96%	2.00%	0.50
28 May 2026	2.45%	1.50%	0.05
26 Apr 2026	2.43%	1.45%	1.76
22 Apr 2026	4.19%	3.21%	1.73
16 Apr 2026	2.46%	1.48%	0.03
7 Apr 2026	2.43%	1.45%	0.10
16 Mar 2026	2.53%	1.55%	0.02
4 Jan 2026	2.51%	1.53%	0.06
7 Dec 2025	2.50%	1.47%	0.01
11 Apr 2025	2.49%	1.46%	0.12
2 Apr 2025	2.47%	1.34%	0.07
7 Mar 2025	2.51%	1.41%	0.14
16 Jan 2025	2.53%	1.55%	0.02
13 Jan 2025	2.51%	1.53%	0.02
23 Aug 2024	2.49%	1.51%	0.05
20 Aug 2024	2.48%	1.46%	–

Direct plan, 5 Oct 2026

1.55%

Regular plan 2.55% · Exit load 1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(6 Oct 2026)}

Objective

The investment objective of the scheme is to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps. However, there can be no assurance that the investment objective of the scheme will be achieved.

Risk, type and benchmark

Riskometer: Very High
At launch: Very High
Type: An open ended equity scheme investing in maximum 30 stocks (i.e. Multi Cap)
Benchmark: BSE 500 Index (TRI)

Asset allocation it may hold% of NAV

Equity and Equity related instruments across market cap
Allowed80–100%Holds98.8%
Debt and Money Market instruments
Allowed0–20%Holds1.2%
Units Issued by InvITs
Allowed0–10%Holds0.0%

Holds in Aug 2026.98.8% equity · 1.2% debt and cash

How to invest^{(6 Oct 2026)}

Buying

To start: ₹1,000, then in multiples of ₹1
To add: ₹1,000, then in multiples of ₹1
Most: No Limit
Systematic: SIP - Daily, Weekly, Fortnightly and Monthly, SWP - Daily/ Monthly/ Quarterly/ Half Yearly and Yearly, STP - Daily/ Weekly/ Fortnightly/ Monthly/ Quarterly and Half Yearly
Dates: SIP - Daily (only business days) for Daily frequency, any date of the month for weekly, fortnightly and monthly frequency, STP - Daily (only business days) for Daily frequency, Monday to Friday for weekly frequency, Every Alternate Wednesday for fortnightly frequency and Any date of the month for monthly, quarterly and half yearly frequency, SWP - Daily (Only Business days) for Daily Frequency and any date of the month for monthly, quarterly, half yearly and yearly frequency
Minimum: SIP - Rs. 100 for daily SIP, Rs. 500 for weekly SIP, Rs. 500 for fortnightly SIP, Rs. 500 for monthly SIP, SWP - Rs. 500, STP - Rs. 100, then sIP - Rs. 1 thereof for all frequencies, STP - Rs. 1 thereof for all frequencies, SWP - Rs. 1 thereof for all frequencies
Instalments: SIP - 6 instalments for all frequencies, STP - 6 instalments for all frequencies, SWP - 6 instalments for all frequencies
Most: SIP - Not applicable, STP - Not applicable, SWP - Not applicable

Selling and switching

To redeem: ₹1,000 or Units Equivalent to Rs. 1,000 units
Switch minimum: ₹1,000 or Units Equivalent to Rs. 1,000 units
Switch multiples: Switch in: in multiples of Rs. 1, Switch out: in multiples of Rs. 1 or Switch in: Units equivalent to Rs. 1, Switch out: Units equivalent to Rs. 1 units
Switch most: No Limit or No Limit units

Scheme details^{(6 Oct 2026)}

What it is

Category: Focused Fund
Offer: 15 Jul 2019 to 29 Jul 2019
Started: 5 Aug 2019
Reopened: 13 Aug 2019
Plans: Direct Plan - Growth Option · Direct Plan - Reinvestment of Income Distribution cum Capital Withdrawal Option · Direct Plan - Payout of Income Distribution cum Capital Withdrawal Option · Direct Plan - Transfer of Income Distribution cum Capital Withdrawal Option · Regular Plan - Growth Option · Regular Plan - Reinvestment of Income Distribution cum Capital Withdrawal Option · Regular Plan - Payout of Income Distribution cum Capital Withdrawal Option · Regular Plan - Transfer of Income Distribution cum Capital Withdrawal Option
Face value: ₹10
Listed: The Scheme being an open ended Scheme it is not proposed to be listed on any stock exchange. However, the Trustee reserves the right to list the units of the Scheme on any stock exchange(s) at its sole discretion at a later date.

How it is run

Swing pricing: No
Side-pocketing: No
Custodian: SBI-SG Global Securities Services Private Limited.
Auditor: M/s S.R Batliboi & Co. LLP
Registrar: Computer Age Management Services Limited (CAMS)
SEBI code: UNIN/O/E/FOC/19/06/0013