Union Value Fund: Value Investing Excellence with Strong Returns

Union Value Fund is an equity mutual fund scheme by Union Mutual Fund designed for long-term capital appreciation through value investing in undervalued equity securities.

Union Value Fund: Investment Objective and Approach

The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value). This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.

The fund employs a value investing strategy, focusing on companies with strong fundamentals and growth potential that are trading at a discount to their intrinsic value. The fund managers conduct in-depth research to select stocks that offer growth prospects and are available at attractive valuations.

The fund primarily invests in equity securities with a focus on identifying undervalued opportunities across market capitalizations. This approach aims to generate superior risk-adjusted returns over the long term by capitalizing on market inefficiencies and temporary price dislocations.

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

Fund Managers

Vinay Paharia is the Current Fund Manager of Union Value Fund Direct Growth fund. Based on available information, the fund is co-managed by Mr. Sanjay Bembalkar is the Co-Head Equity at Union Asset Management Company Private Limited. Some sources also indicate Union Value Fund - Direct Growth is currently under the management of our experienced fund manager Vinod Malviya.

Key Fund Manager Profiles:

Vinay Paharia - As mentioned in various sources, he serves as the Chief Investment Officer at Union Mutual Fund and brings extensive experience in equity research and portfolio management.

Sanjay Bembalkar - Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai. Prior to joining Union Mutual Fund, he has worked with Motilal Oswal Securities Ltd., Dolat Capital Markets Pvt Ltd. as Research Associate, Khandwala Securities Ltd. as Research Associate, Yen Management Consultants Pvt.

About the Fund House (AMC)

Union Mutual Fund is managed by Union Asset Management Company Private Limited. 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.

The AMC was set up on December 30, 2009, with the aim to formulate a robust asset management portfolio in India. They already had access to the extensive client base of Union Bank of India, which they capitalised on extensively.

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. Union Bank always held the majority stake in the company while KBC controlled a 49% share. 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 subsidy.

Subsequently, in 2017, Dai-ichi Life, a major financial services company from Japan, acquired 39.62% stake at the AMC. Currently, Union Mutual Fund is jointly sponsored by the Union Bank of India and Dai-ichi Life.

Key AMC Statistics:

- Union Mutual Fund AMC was incorporated on 30, Dec 2009, and has an AUM size of Rs. 20,144 Cr as on 31, Dec 2024

- Union Asset Management Co. Pvt. Ltd. manages assets worth ₹ 21,076.41 crores

- It's current offering of mutual fund schemes includes 11 equity, 6 debt and 8 hybrid schemes

Should I Invest in Union Value Fund?

Union Value Fund can be suitable for investors who:

Ideal Investor Profile:

- Have a long-term investment horizon (minimum 5 years)

- Believe in value investing philosophy

- Can tolerate higher volatility in short to medium term

- Seek exposure to undervalued equity securities

Key Performance Metrics:

- Over the past five years, Union Value Fund - Regular Plan has delivered an annualised return of 24.26% as of 05-Jun-2025

- Over the past five years, Union Value Fund - Direct Plan has delivered an annualised return of 24.85% as of 10-Jul-2025

- The fund has delivered a CAGR of 21.17 since inception

- Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 16.58% & 21.36%

Investment Considerations:

- The Union Value Fund Direct Growth is rated Very High risk

- The expense ratio of Union Value Fund is 1.29%

- Exit load of 1%, if redeemed within 15 days

The fund is best suited for investors who understand value investing principles and can stay invested through market cycles to benefit from the fund's contrarian investment approach.

FAQs

What is today's NAV of Union Value Fund?

The fund currently has an Asset Under Management(AUM) of ₹16,877 Cr and the Latest NAV as of 05 Sep 2024 is ₹30.20. NAV changes daily based on market conditions.

What is the AUM of Union Value Fund?

The AUM of Union Value Fund is 282.36 crore as updated on various platforms. With an impressive AUM of ₹333 Crores, this scheme's latest NAV is ₹30.55 as of 7/11/2025.

What is the expense ratio of Union Value Fund?

The expense ratio of Union Value Fund is 1.29% for the direct plan. This represents the annual fee charged for managing your investments.

What are the returns of Union Value Fund since inception?

The fund has delivered a CAGR of 21.17 since inception. Union Value Fund - Direct Growth scheme has delivered a return performance of 4.69% in the last 1 year, 23.25% in the last 3 years, and an 18.43 since its launch.

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

The minimum investment required to start investing in Union Value Fund is ₹1,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option. Minimum Investment Amount: Lump sum minimum amount for Union Value Fund is ₹1,000 and for SIP, it is ₹500.

How do I invest in Union Value Fund?

You can invest in Union Value Fund through Allvest platform. Simply visit the Allvest website, complete your KYC documentation, and start investing in the fund through SIP or lump sum modes.

How to start a SIP in Union Value Fund?

Through Allvest platform, you can easily set up a SIP by selecting the Union Value Fund, choosing your monthly investment amount (minimum ₹500), and setting up auto-debit instructions from your bank account.

How do I automate an SIP in Union Value Fund?

Allvest allows you to automate your SIP investments by setting up standing instructions with your bank. This ensures regular investments without manual intervention, helping you maintain investment discipline.

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

You can redeem your Union Value Fund investment through Allvest platform by placing a redemption request. Exit load of 1%, if redeemed within 15 days. The redeemed amount typically gets credited to your bank account within 2-3 business days.