MonitorDirect · GrowthWatch before adding
Union Equity Savings Fund
Union Mutual FundHybrid Scheme - Equity Savings8.2 years
The scheme seek capital appreciation and/or to generate consistent returns by actively investing in a combination of diversified equity and equity related instruments, arbitrage and derivative strategies and exposure in debt and money market instruments.
- NAV
- 17.94
- 30 Oct 2026
- 1Y
- +0.7%
- Trailing CAGR
- AUM
- ₹113.6 Cr
- 30 Sept 2026
- Volatility
- Low
- 5.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Edelweiss Equity Savings Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
8.2 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Watch
2.11% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -14.4%. Ask whether you can hold through a similar fall.
Vs category
Fail
1% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Gaurav Chopra · 2.0 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 73.3% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 14%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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+0.7%
- 3Y+6.6%
- 5Y+5.7%
- 10Yn/a
- SI+7.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+1.1%
- 3Y+3.7%
- 5Y+5.7%
- 10Yn/a
- Since inception
- +7.3%
- Calendar-day CAGR
- Excess 1Y
- -1.6%
- Category median, same plan and option
- 3Y win rate
- +1%
- Windows beating the median
- 3Y percentile
- 8
- Vs comparable share classes
- SIP 3Y XIRR
- +3.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.2%
- 1283 daily-ending windows
- Median rolling 3Y
- +8.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 789 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -14.4%
- Worst peak-to-trough
- Current
- -2.1%
- Below last peak
- Current spell
- 66 days
- Days below latest peak
- Time below peak
- +77%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 8 days
- 148 recovered episodes
- Longest recovery
- 112 days
- Trough to prior peak
19 Feb 2020 – 13 Jul 2020
Trough 23 Mar 2020 · recovered in 112 days
-14.4%
17 Jan 2022 – 17 Aug 2022
Trough 17 Jun 2022 · recovered in 61 days
-5.8%
18 Feb 2026 – 18 Jun 2026
Trough 30 Mar 2026 · recovered in 80 days
-4.5%
16 Dec 2024 – 22 Apr 2025
Trough 28 Feb 2025 · recovered in 53 days
-4.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
8
Vs category
40
Consistency
9
Risk-adjusted
38
Drawdown
64
Mean
32
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 84 holdings · top 10 are 73.3%.
- Top 5
- 55.2%
- Top 10
- 73.3%
- Largest holding
- 32.5%
- Effective holdings
- 7.4
Cash Margin
Unspecified
32.5%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26C 7.27 BD 23FB29 FVRS1LAC
Financial
8.7%
HDFC Bank Ltd
Financial
4.9%
Patanjali Foods Ltd
Consumer Staples
4.8%
GOVERNMENT OF INDIA 37830 091 DAYS TBILL 12NV26 FV RS 100
Financial
4.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Edelweiss Equity Savings Fund
Edelweiss Mutual Fund
- 1Y
- +5.4%
- 3Y
- +10.9%
- Vol
- 4.8%
- Max DD
- -9.5%
- Sharpe
- 0.89
- 3Y win
- +94%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund)
Sundaram Mutual Fund
- 1Y
- -1.6%
- 3Y
- +8.8%
- Vol
- 5.8%
- Max DD
- -6.2%
- Sharpe
- 0.48
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Tata Equity Savings Fund
Tata Mutual Fund
- 1Y
- +7.5%
- 3Y
- +10.6%
- Vol
- 4.9%
- Max DD
- -13.9%
- Sharpe
- 0.54
- 3Y win
- +14%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Bajaj Finserv Equity Savings Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.8%
- 3Y
- n/a
- Vol
- 2.4%
- Max DD
- -1.6%
- Sharpe
- -0.80
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
BANDHAN EQUITY SAVINGS FUND
Bandhan Mutual Fund
- 1Y
- +3.5%
- 3Y
- +7.2%
- Vol
- 4.6%
- Max DD
- -17.3%
- Sharpe
- 0.31
- 3Y win
- +7%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown