Union Mutual Fund
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Union Mutual Fund is sponsored by Union Bank of India, one of India's large public sector banks with a nationwide branch network, and Dai-ichi Life Insurance Company Limited of Japan, one of Asia's leading life insurers. SEBI-registered, the AMC has been in operation since 2011. It offers equity, debt, hybrid, and index schemes. Union Bank's institutional backing and Dai-ichi Life's insurance and investment management heritage provide the AMC with a stable foundation for its operations and distribution.
Total AUM
₹26.71K Cr
as on 30-Jun-2026
AUM Change
- ₹2.12K Cr
May '26 → Jun '26
Total Funds
32
14 Equity · 8 Debt · 10 Hybrid
Fund Managers
15
Active portfolio managers
Best Union Mutual Funds
AUM ₹2268 Cr •
Expense 0.8%
AUM ₹1210 Cr •
Expense 0.7%
AUM ₹1847 Cr •
Expense 0.7%
AUM ₹1420 Cr •
Expense 0.8%
AUM ₹503 Cr •
Expense 0.9%
AUM ₹440 Cr •
Expense 1.3%
AUM ₹520 Cr •
Expense 1%
AUM ₹965 Cr •
Expense 0.9%
AUM ₹2376 Cr •
Expense 0.8%
AUM ₹394 Cr •
Expense 1.1%
AUM ₹857 Cr •
Expense 1.2%
AUM ₹437 Cr •
Expense 1.3%
AUM ₹329 Cr •
Expense 1%
Which Union Funds are gaining or losing investor interest?
Net cash flow into Union Mutual Fund schemes — for the month of June 2026.
Highest Inflow — June 2026
Fund | Net Flow |
|---|---|
 Union Small Cap Fund | +₹77 Cr |
Union Midcap Fund | +₹27 Cr |
Union Multicap Fund | +₹12 Cr |
Union Active Momentum Fund | +₹10 Cr |
Union Innovation & Opportunities Fund | +₹7 Cr |
Highest Outflow — June 2026
Fund | Net Flow |
|---|---|
Union Liquid Fund | -₹2,171 Cr |
Union Low Duration Fund | -₹229 Cr |
Union Money Market Fund | -₹170 Cr |
Union Overnight Fund | -₹158 Cr |
Union Corporate Bond Fund | -₹103 Cr |
Compare Union Mutual Fund with other AMCs
AMC | AUM(in Cr) | AUM change (1M) | AUM Rank | Action |
|---|---|---|---|---|
 ICICI | ₹10.3L Cr | + ₹80.5K Cr | 1/51 | Invest |
 SBI | ₹9.1L Cr | + ₹85.2K Cr | 2/51 | Invest |
 HDFC | ₹9.2L Cr | + ₹82.9K Cr | 3/51 | Invest |
 Kotak | ₹5.8L Cr | + ₹53.8K Cr | 4/51 | Invest |
 Nippon | ₹5.2L Cr | + ₹62.3K Cr | 5/51 | Invest |
 Aditya Birla Sun Life | ₹4.2L Cr | + ₹36.3K Cr | 6/51 | Invest |
 Axis | ₹3.7L Cr | + ₹52.6K Cr | 7/51 | Invest |
 UTI | ₹2.6L Cr | + ₹34K Cr | 8/51 | Invest |
Management Team | |
Mr.G.Pradeepkumar | CEO |
Mr.Vinay Paharia | Chief Investment Officer |
Ms.Padmaja Shirke | Chief Compliance Officer |
Top Fund Managers of Union Mutual Fund
Key information about Union Mutual Fund
Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai – 400059
(022) 6748 3300
A Wing, Ground Floor, 27 Statesman House, 148 Barakhamba Road, New Delhi – 110001
Call: 18002002268 / 18005722268
Email: investorcare@unionmf.com
How to Start Investing with Union Mutual Fund with INDmoney?
After you have understood the details about Union Mutual Fund, it is time for you to start your investment process with INDmoney. Below are some simple steps to follow to start your mutual fund's investment journey with us.
Step 1: Download the INDmoney app and create your free investment account by completing your KYC ( Know Your Customer).
Step 2: Once your Free investment account is ready, you can either search for Union Mutual Fund or go to the mutual fund section.
Step 3: Choose any Union Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUM, Expense ratios and underlying stocks and sectors.
Step 4: You can choose to set up SIP in any Union Mutual Fund or even invest as a lump sum. Once you are on the individual Union Mutual Fund page, click on "One-time" for lump sum investment or "SIP" for a systematic investment plan.
Step 5: Choose the amount that you want to invest as SIP or LumpSum.
Step 6: Set up payments. If you choose to set up SIP in any Union Mutual Fund, you can do a free automatic pay set-up via bank mandate or UPI. If you choose to invest in a lump sum (one-time) then you can pay via UPI, net banking, NEFT or RTGS.
Frequently asked questions
You can start investing in Union Mutual Fund SIP online through INDmoney by simply signing up from an app or website. Once you have completed your KYC you can select a mutual fund scheme and start investing in SIP.
There are two sponsors of Union Mutual Fund which are Union Bank of India and Dai-ichi Life Holdings, Inc.
Similar to investing you can withdraw your Union mutual fund online from the INDmoney application or website. Simply you will have to visit your investment dashboard and select the mutual fund you want to redeem. However, you can also withdraw offline by physically visiting your nearest Union Mutual Fund branch office and submitting your redemption request.
You have the option to halt or stop your SIP online at any point in time by submitting a Cancel SIP request. This can be done either by logging into the INDmoney app or the Union Mutual Funds website using your folio number.
There are several parameters to determine whether a scheme is perfect for you or not. Some of these can be your investment objective, your investment time horizon, risk appetite, fund performance, expense ratio etc. Select the one which aligns with all your requirements to make an informed decision.
You can simply figure out the amount of SIP, for that you will have to visit the INDmoney SIP calculator page. Then select the option called "I know my goal amount" and some of the basic details like your goal amount, period, and expected rate of return. Now the calculator will instantly show you the amount of SIP you will require to achieve the goal amount.
You can start a Union Mutual Fund SIP with an amount as low as Rs. 500.
Please note that not all Union Mutual Funds can provide tax benefits, you can avail tax benefits only for the ELSS scheme offered by Union Mutual Fund under section 80C of the Income Act.