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Union Business Cycle Fund - NAV, Performance, Investment Analysis & Reviews 2025

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Comprehensive analysis of Union Business Cycle Fund with latest NAV, AUM, returns, fund managers, investment objective and expert reviews. Get complete investment details for 2025.

Investment Objective and Approach

The Investment Objective of the Scheme is to generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the Scheme will be achieved.

The fund follows a thematic investment approach that capitalizes on different phases of business cycles. This strategy involves:

- Dynamic Allocation: The fund adjusts its portfolio based on current economic conditions and business cycle phases

- Sectoral Rotation: Investment decisions are made by analyzing which sectors are likely to outperform during specific stages of economic cycles

- Long-term Focus: The fund aims for capital appreciation over extended periods rather than short-term gains

- Active Management: Professional fund managers actively monitor and adjust the portfolio based on economic indicators and market conditions

As a thematic equity fund, it carries very high risk and is suitable for investors with strong risk appetite who understand market volatility and business cycle dynamics.

Fund Managers

Harshad Patwardhan is the Current Fund Manager of Union Business Cycle Fund Direct Growth fund. Mr. Patwardhan is B.Tech from IIT, MBA from IIM and CFA.

Professional Background:

- Prior to joining Union AMC, he was associated with Edelweiss AMC,Girik Wealth Advisors,JPMorgan Asset Management India Private Limited since June 2006 as CIO-Equities.

- Prior to that Mr. Patwardhan worked for two years with Deutsche Equities India Private Limited as a senior research analyst and has had extensive experience with several foreign brokerage houses

Co-Fund Manager:

Co managed by Mr. Sanjay Bembalkar (since January 25, 2023) Mr. Sanjay Bembalkar is the Co-Head Equity at Union Asset Management Company Private Limited.

The fund benefits from the combined expertise of seasoned professionals with extensive experience in equity research, portfolio management, and understanding of business cycles across different economic phases.

About the Fund House (AMC)

Union Mutual Fund is sponsored by Union Bank of India and Dai-ichi Life Holdings, Inc. Union Bank of India is one of the leading public sector banks in India. The Bank has a network of about 4287 domestic branches. Union Bank of India is the first large public sector bank in the country to have implemented 100% networking of branches.

Key Highlights:

- Total AUM: ₹19,972.36 Cr. as of June 2025

- Number of Schemes: 88 schemes across different categories

- Philosophy: Union Mutual Fund operates on the principle of bringing the opportunity for investors to make sustainable investments. The fund house intends to be known as the fund house that provides the products for individuals to achieve their financial goals by understanding their needs.

- Mission: Union Mutual Fund aspires to reach out to as many investors as they can and help them identify the right investments.

The AMC combines the reliability of a public sector bank with the expertise of international asset management, providing a strong foundation for fund operations and investor trust.

Should I Invest in Union Business Cycle Fund?

Key Financial Metrics (as of June 2025):

- AUM: ₹563.85 crore

- Expense Ratio: 2.35 for regular plan and 0.8 for direct plan

- Since Inception Returns: 10.48% CAGR

- 1 Year Returns: 3.94%

- Launch Date: Feb 13 2024

- Exit Load: 1% if redeemed in 0-1 Years

- Minimum SIP: ₹500

Who Should Consider:

- Investors with very high risk tolerance

- Those seeking long-term capital appreciation (5+ years)

- Investors who understand business cycle dynamics

- Those looking for active portfolio management based on economic cycles

Who Should Avoid:

- Conservative investors seeking stable returns

- First-time mutual fund investors

- Those needing regular income or dividends

- Investors with short-term investment horizons

Important Considerations:

- The fund is relatively new (launched in February 2024)

- Carries very high risk due to thematic nature

- Performance depends heavily on fund managers' ability to time business cycles

- Expense ratios vary significantly between regular and direct plans

FAQs

What is today's NAV of Union Business Cycle Fund?

The NAV of the fund today is ₹11.34 as of June 2025. NAV is updated daily and reflects the per-unit value of the fund's assets.

What is the AUM of Union Business Cycle Fund?

The AUM of Union Business Cycle Fund, is ₹563.85 crore as of June 2025. This represents the total market value of assets managed by the fund.

What is the expense ratio of Union Business Cycle Fund?

The fund has an expense ratio of 2.35 for the regular plan, while the direct plan has a lower expense ratio, making direct plans more cost-effective for investors.

What are the returns of Union Business Cycle Fund since inception?

Union Business Cycle Fund Direct Growth has given a CAGR return of 10.48% since inception. The fund was launched in February 2024, so this represents performance over approximately one year.

What is the minimum SIP amount to invest in Union Business Cycle Fund?

The min. SIP amount to invest in this scheme is ₹500. This makes the fund accessible to investors looking to start systematic investing with a relatively small amount.

How do I invest in Union Business Cycle Fund?

You can invest in Union Business Cycle Fund through Allvest by completing your KYC, selecting the fund, choosing between SIP or lump sum investment, and setting up payment methods. Allvest provides a seamless digital platform for mutual fund investments.

How to start a SIP in Union Business Cycle Fund?

To start a SIP through Allvest, log into your account, search for Union Business Cycle Fund, select the SIP option, choose your investment amount (minimum ₹500), set the frequency, and complete the mandate setup for automatic deductions.

How do I automate an SIP in Union Business Cycle Fund?

Through Allvest, you can automate your SIP by setting up a bank mandate or UPI autopay during the SIP registration process. This ensures automatic monthly investments without manual intervention for each installment.

How can I withdraw/redeem my investment in Union Business Cycle Fund?

You can redeem your investment through Allvest by accessing your portfolio, selecting the fund, choosing partial or full redemption, and confirming the transaction. Exit load of 1% applies if redeemed within 1 year of investment.