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Union Focused Fund - Investment Objective, Fund Manager & Performance | Allvest

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Learn about Union Focused Fund's investment approach, fund managers, and performance. Get complete details about this flexi-cap equity fund from Union Mutual Fund for long-term capital appreciation.

Investment Objective and Approach

Union Focused Fund seeks to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps. This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains.

The fund follows a focused investment approach, concentrating on a select portfolio of equity stocks that the fund managers believe have strong growth potential. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Key investment features:

- Flexible market cap allocation across large, mid, and small-cap companies

- Concentrated portfolio approach with select equity holdings

- Long-term capital appreciation focus

- Professional fund management with active stock selection

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Fund Managers

The Union Focused Fund is co-managed by Mr. Pratik Dharmshi (since December 09, 2024) and Mr. Vinod Malviya (since November 01, 2024).

Mr. Pratik Dharmshi - Fund Manager Equity at Union Asset Management Company Private Limited. He brings extensive experience in equity research and portfolio management to the fund.

Mr. Vinod Malviya - Co-Fund Manager at Union Asset Management Company Private Limited. His expertise complements the fund's investment strategy and risk management approach.

The fund management team leverages their combined experience and analytical capabilities to identify and invest in companies with strong fundamentals and growth prospects across different market capitalizations.

About the Fund House (AMC)

Union Mutual Fund, the investment wing of Union Bank of India, is one of the key drivers of the asset management sector in India for over a decade. The vision of the company is to provide opportunities to investors so that they can achieve sustainable prosperity by investing responsibly in the capital markets.

Company History and Evolution:

- The AMC was set up on December 30, 2009, with the aim to formulate a robust asset management portfolio in India

- The AMC was set up in collaboration with KBC Asset Management NV, a Belgium-based AMC. It was initially known as Union KBC Mutual Fund

- The partnership ended in 2016 when KBC pulled out of the agreement and Union Bank of India purchased their shares, making Union Mutual Fund their wholly owned subsidiary

- In 2017, Dai-ichi Life, a prominent Japanese financial services company, acquired a 39.62% stake in the AMC

Current Position:

- Union Mutual Fund manages assets worth 20,851 crores as of 2025

- Its current offering of mutual fund schemes includes 68 debt, 48 equity, 36 hybrid, 9 other, 8 solution oriented funds

- The company is led by its CEO Madhukumar Nair

The fund house has built a strong reputation for transparent investment processes and professional fund management, backed by the extensive banking network of Union Bank of India.

Should I Invest in Union Focused Fund?

Union Focused Fund may be suitable for investors who:

Investment Suitability:

- Seek long-term capital appreciation over a 5+ year investment horizon

- Are comfortable with equity market volatility and fluctuations

- Want professional fund management with a focused investment approach

- Prefer flexi-cap funds that can invest across market capitalizations

- Have moderate to high risk tolerance

Key Considerations:

- Minimum Investment Amount: Lump sum minimum amount for Union Focused Fund is ₹1,000 and for SIP, it is ₹500

- Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 13.37% & 17.73% (as per Groww data)

- Like for all equity funds, you must invest only through the SIP route for better risk management

- Warning: Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years

The fund is designed for investors who understand equity market risks and are committed to long-term wealth creation through systematic investing.

FAQs

What is today's NAV of Union Focused Fund?

The NAV changes daily based on market movements. You can check the latest NAV on Allvest's platform or the fund house website for real-time updates.

What is the AUM of Union Focused Fund?

Union Focused Fund has an Asset Under Management (AUM) of ₹400.19 crores as of June 06, 2025.

What is the expense ratio of Union Focused Fund?

The fund has an expense ratio of 2.49%, which covers fund management and operational costs.

What are the returns of Union Focused Fund since inception?

The fund has delivered competitive returns since its launch in July 2019, with long-term performance varying based on market conditions and fund management decisions.

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

The minimum SIP amount is ₹500 per month, making it accessible for regular investors.

How do I invest in Union Focused Fund?

You can easily invest in Union Focused Fund through Allvest's platform by completing your KYC, selecting the fund, and choosing between lump sum or SIP investment options.

How to start a SIP in Union Focused Fund?

Start a SIP through Allvest by registering on the platform, completing KYC verification, selecting Union Focused Fund, and setting up your monthly SIP amount and date.

How do I automate an SIP in Union Focused Fund?

Allvest provides automated SIP facilities where you can set up standing instructions with your bank for seamless monthly investments without manual intervention.

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

You can redeem your investment through Allvest's platform by placing a redemption request. The proceeds will be credited to your registered bank account within the specified timeframe.