MonitorDirect · Growth
Union Active Momentum Fund
Union Mutual FundEquity Scheme - Sectoral/ Thematic1.7 years
The Scheme seeks to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will be selected, weighted and rebalanced using proprietary screens.
- NAV
- 10.03
- 15 Sept 2026
- 1Y
- +15.8%
- Trailing CAGR
- Upside capture
- +111%
- Vs NIFTY 500 TRI
- Downside capture
- +115%
- Lower is better
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+15.8%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+0.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+24.2%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +0.1%
- Calendar-day CAGR
- Excess 1Y
- +9.8%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 15 Sept 2026.
- 1Y excess
- +18.1%
- Fund minus TRI
- 3Y excess
- n/a
- Fund minus TRI
- Upside capture
- +111%
- Benchmark-up months
- Downside capture
- +115%
- Lower is better
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 278 days
- 2 recovered episodes
- Longest recovery
- 549 days
- Trough to prior peak
- Current spell
- 5 days
- Days below latest peak
- Time below peak
- +97%
- NAV observations
3 Jan 2025 – 31 Aug 2026
Trough 28 Feb 2025 · recovered in 549 days
-26.6%
10 Sept 2026 – open
Trough 15 Sept 2026 · not recovered
-3.9%
31 Aug 2026 – 8 Sept 2026
Trough 2 Sept 2026 · recovered in 6 days
-1.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
57
Vs category
100
Consistency
51
Risk-adjusted
16
Drawdown
34
Mean
52
Portfolio
31 Aug 2026 · 37 holdings · top 10 are 35.0%.
- Top 5
- 20.6%
- Top 10
- 35.0%
- Largest holding
- 7.5%
- Effective holdings
- 32.6
Repo
Unspecified
7.5%
Welspun Corp Ltd
Materials
3.7%
Ather Energy Ltd.
Consumer Discretionary
3.3%
Avalon Technologies Ltd.
Industrials
3.2%
R R Kabel Ltd.
Industrials
3.0%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
No supporting reads in the current evidence set.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Motilal Oswal Active Momentum Fund
Motilal Oswal Mutual Fund
- 1Y
- +25.5%
- 3Y
- n/a
- Vol
- 17.1%
- Max DD
- -16.6%
- Sharpe
- 1.25
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Baroda BNP Paribas Energy Opportunities Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +0.7%
- 3Y
- n/a
- Vol
- 13.8%
- Max DD
- -9.7%
- Sharpe
- 0.33
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Kotak Business Cycle Fund
Kotak Mahindra Mutual Fund
- 1Y
- +2.5%
- 3Y
- +14.5%
- Vol
- 12.6%
- Max DD
- -18.4%
- Sharpe
- 0.82
- 3Y win
- +97%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Baroda BNP Paribas Innovation Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +9.0%
- 3Y
- n/a
- Vol
- 15.9%
- Max DD
- -22.3%
- Sharpe
- 0.60
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND
ICICI Prudential Mutual Fund
- 1Y
- -3.4%
- 3Y
- +9.8%
- Vol
- 12.6%
- Max DD
- -16.7%
- Sharpe
- 0.67
- 3Y win
- +71%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns