HealthyDirect · Growth
Union Innovation & Opportunities Fund
Union Mutual FundEquity Scheme - Sectoral/ Thematic3 years
The Scheme seeks to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies.
- NAV
- 16.54
- 15 Sept 2026
- 1Y
- +10.0%
- Trailing CAGR
- Upside capture
- +123%
- Vs NIFTY 500 TRI
- Downside capture
- +89%
- 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+10.0%
- 3Y+18.2%
- 5Yn/a
- 10Yn/a
- SI+18.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+23.5%
- 3Y+15.8%
- 5Yn/a
- 10Yn/a
- Since inception
- +18.5%
- Calendar-day CAGR
- Excess 1Y
- +3.9%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- 74
- Vs comparable share classes
- Worst rolling 3Y
- +18.2%
- 1 daily-ending windows
- Median rolling 3Y
- +18.2%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- +15.8%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 16 Sept 2026.
- 1Y excess
- +12.3%
- Fund minus TRI
- 3Y excess
- +8.8%
- Fund minus TRI
- Upside capture
- +123%
- Benchmark-up months
- Downside capture
- +89%
- 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
- 16 days
- 45 recovered episodes
- Longest recovery
- 449 days
- Trough to prior peak
- Current spell
- 7 days
- Days below latest peak
- Time below peak
- +85%
- NAV observations
17 Dec 2024 – 30 Jun 2026
Trough 7 Apr 2025 · recovered in 449 days
-23.9%
15 Oct 2024 – 3 Dec 2024
Trough 25 Oct 2024 · recovered in 39 days
-8.5%
27 Feb 2024 – 1 Apr 2024
Trough 13 Mar 2024 · recovered in 19 days
-6.5%
3 Jun 2024 – 7 Jun 2024
Trough 4 Jun 2024 · recovered in 3 days
-5.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
74
Vs category
75
Consistency
84
Risk-adjusted
64
Drawdown
40
Mean
67
Portfolio
31 Aug 2026 · 58 holdings · top 10 are 33.6%.
- Top 5
- 19.6%
- Top 10
- 33.6%
- Largest holding
- 5.2%
- Effective holdings
- 42.5
One 97 Communications Ltd
Industrials
5.2%
Zomato Ltd
Technology
4.8%
Ather Energy Ltd.
Consumer Discretionary
3.6%
Info Edge (India) Ltd
Technology
3.0%
CG Power & Industrial Solutions 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
Healthy
Engine status
Healthy
Doing its job
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 84% of rolling 1-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
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
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
Caveat: Lower trailing returns
Nippon India Innovation Fund
Nippon India Mutual Fund
- 1Y
- +0.2%
- 3Y
- +13.9%
- Vol
- 14.1%
- Max DD
- -21.5%
- Sharpe
- 0.68
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
quant Business Cycle Fund
quant Mutual Fund
- 1Y
- +4.3%
- 3Y
- +11.4%
- Vol
- 17.4%
- Max DD
- -29.2%
- Sharpe
- 0.74
- 3Y win
- +91%
- Lower volatility
- Higher win rate vs category
Caveat: Deeper drawdown · Lower trailing returns
Aditya Birla Sun Life Business Cycle Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +5.9%
- 3Y
- +11.6%
- Vol
- 13.8%
- Max DD
- -17.8%
- Sharpe
- 0.48
- 3Y win
- +7%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns