Union Innovation & Opportunities Fund Overview
Category Innovation Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 17-01-2025
NAV ₹13.75(R) -0.36% ₹14.03(D) -0.43%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 28.5% -% -% -% -%
LumpSum (D) 30.51% -% -% -% -%
SIP (R) 17.79% -% -% -% -%
SIP (D) 19.65% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.

No data available

NAV Date: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
Union Innovation & Opportunities Fund - Regular Plan - Growth Option 13.75
-0.0500
-0.3600%
Union Innovation & Opportunities Fund - Regular Plan - IDCW Option 13.75
-0.0500
-0.3600%
Union Innovation & Opportunities Fund - Direct Plan - IDCW Option 14.03
-0.0600
-0.4300%
Union Innovation & Opportunities Fund - Direct Plan - Growth Option 14.03
-0.0600
-0.4300%

Review Date: 17-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined four return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: The Union Innovation & Opportunities Fund has three return parameters in the top 25% in the category, as shown below:
      • 3M Return %
      • 6M Return %
      • 1Y Return %
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Union Innovation & Opportunities Fund has one return parameter that is below average in the category, which is listed below:
      • 1M Return %
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For Union Innovation & Opportunities Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Union Innovation & Opportunities Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Union Innovation & Opportunities Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Union Innovation & Opportunities Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -9.60
-7.96
-9.60 | -6.44 5 | 5 Average
3M Return % -5.24
-6.72
-8.09 | -4.72 2 | 5 Very Good
6M Return % 4.48
0.09
-7.75 | 6.47 2 | 5 Very Good
1Y Return % 28.50
17.71
9.45 | 28.50 1 | 3 Very Good
1Y SIP Return % 17.79
7.57
0.76 | 17.79 1 | 3 Very Good
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -9.48 -7.84 -9.48 | -6.33 5 | 5
3M Return % -4.88 -6.37 -7.78 | -4.36 2 | 5
6M Return % 5.33 0.87 -7.14 | 7.31 2 | 5
1Y Return % 30.51 19.43 11.07 | 30.51 1 | 3
1Y SIP Return % 19.65 9.18 2.15 | 19.65 1 | 3
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.36 ₹ 9,964.00 -0.43 ₹ 9,957.00
1W -1.79 ₹ 9,821.00 -1.82 ₹ 9,818.00
1M -9.60 ₹ 9,040.00 -9.48 ₹ 9,052.00
3M -5.24 ₹ 9,476.00 -4.88 ₹ 9,512.00
6M 4.48 ₹ 10,448.00 5.33 ₹ 10,533.00
1Y 28.50 ₹ 12,850.00 30.51 ₹ 13,051.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 17.79 ₹ 13,128.64 19.65 ₹ 13,243.50
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Union Innovation & Opportunities Fund NAV Regular Growth Union Innovation & Opportunities Fund NAV Direct Growth
17-01-2025 13.75 14.03
16-01-2025 13.8 14.09
15-01-2025 13.63 13.91
14-01-2025 13.55 13.82
13-01-2025 13.31 13.58
10-01-2025 14.0 14.29
09-01-2025 14.33 14.62
08-01-2025 14.56 14.85
07-01-2025 14.71 15.0
06-01-2025 14.61 14.9
03-01-2025 15.02 15.32
02-01-2025 15.04 15.34
01-01-2025 14.9 15.2
31-12-2024 14.8 15.09
30-12-2024 14.79 15.08
27-12-2024 14.83 15.12
26-12-2024 14.85 15.14
24-12-2024 14.85 15.14
23-12-2024 14.74 15.03
20-12-2024 14.79 15.08
19-12-2024 15.12 15.41
18-12-2024 15.14 15.43
17-12-2024 15.21 15.5

Fund Launch Date: 06/Sep/2023
Fund Category: Innovation Fund
Investment Objective: The Investment Objective of the Scheme isto achieve long term capital appreciation byinvesting predominantly in equity and equityrelated securities of Innovative Companies.However, there is no assurance that theInvestment Objective of the Scheme will beachieved.
Fund Description: An open-ended equity schemefollowing innovation theme
Fund Benchmark: Nifty 500 Index (TRI)
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.