MonitorDirect · GrowthWatch before adding
Union Retirement Fund
Union Mutual FundSolution Oriented Scheme - Retirement Fund4.1 years
- NAV
- 16.54
- 29 Oct 2026
- 1Y
- -1.9%
- Trailing CAGR
- AUM
- ₹206.52 Cr
- 30 Sept 2026
- Volatility
- Medium
- 13.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 100% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer Aditya Birla Sun Life Retirement Fund-The 50s Plus-Debt Plan if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
4.1 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.36% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -17.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
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
Pass
Top 10 holdings ≈ 28.0% 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.
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-1.9%
- 3Y+12.4%
- 5Yn/a
- 10Yn/a
- SI+14.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-2.3%
- 3Y+4.8%
- 5Yn/a
- 10Yn/a
- Since inception
- +14.3%
- Calendar-day CAGR
- Excess 1Y
- +0.2%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 84
- Vs comparable share classes
- SIP 3Y XIRR
- +4.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +10.7%
- 267 daily-ending windows
- Median rolling 3Y
- +17.6%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -17.8%
- Worst peak-to-trough
- Current
- -7.3%
- Below last peak
- Current spell
- 64 days
- Days below latest peak
- Time below peak
- +81%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 64 recovered episodes
- Longest recovery
- 234 days
- Trough to prior peak
26 Sept 2024 – 20 Oct 2025
Trough 28 Feb 2025 · recovered in 234 days
-17.8%
11 Feb 2026 – 18 Jun 2026
Trough 23 Mar 2026 · recovered in 87 days
-12.2%
26 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-10.8%
1 Dec 2022 – 26 May 2023
Trough 28 Mar 2023 · recovered in 59 days
-8.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
84
Vs category
52
Consistency
87
Risk-adjusted
58
Drawdown
56
Mean
67
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
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 81 holdings · top 10 are 28.0%.
- Top 5
- 17.6%
- Top 10
- 28.0%
- Largest holding
- 5.8%
- Effective holdings
- 55.9
ICICI Bank Ltd
Financial
5.8%
HDFC Bank Ltd
Financial
4.3%
Multi Commodity Exchange Of India Ltd
Financial
2.7%
Solar Industries India Ltd
Materials
2.5%
Repo
Unspecified
2.4%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Retirement Fund-The 50s Plus-Debt Plan
Aditya Birla Sun Life Mutual Fund
- 1Y
- +1.6%
- 3Y
- +7.8%
- Vol
- 3.2%
- Max DD
- -5.0%
- Sharpe
- 0.29
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
BANDHAN RETIREMENT FUND
Bandhan Mutual Fund
- 1Y
- -4.2%
- 3Y
- +9.0%
- Vol
- 8.4%
- Max DD
- -9.8%
- Sharpe
- 0.30
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
ICICI Prudential Retirement Fund Hybrid Conservative Plan
ICICI Prudential Mutual Fund
- 1Y
- +2.0%
- 3Y
- +9.3%
- Vol
- 4.6%
- Max DD
- -10.2%
- Sharpe
- 0.74
- 3Y win
- +16%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
ICICI Prudential Retirement Fund Pure Debt Plan
ICICI Prudential Mutual Fund
- 1Y
- +3.1%
- 3Y
- +6.3%
- Vol
- 1.8%
- Max DD
- -2.7%
- Sharpe
- 0.76
- 3Y win
- +2%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Nippon India Retirement Fund- Income Generation Scheme
Nippon India Mutual Fund
- 1Y
- -2.1%
- 3Y
- +6.4%
- Vol
- 4.9%
- Max DD
- -7.4%
- Sharpe
- 0.31
- 3Y win
- +20%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns