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Value · Equity

Union Value Fund

Union Asset Management Company Private Limited
Benchmark
BSE 500 TRI
Riskometer
Very High
Size
₹375 cr
Allotted
5 Dec 2018
Holdings as of
30 Sep 2026

Union Value Fund is a value fund of Union Asset Management Company Private Limited with ₹375 cr under management. It is ahead of its benchmark (BSE 500 TRI) in 3 of 3 periods. Its direct plan charges 1.51% a year. Vinod Malviya has managed it for 1.9 years.

Has Union Value Fund beaten its benchmark?

Ahead of its benchmark, BSE 500 TRI, in 3 of 3 periods in AMFI's figures; −2.19% over the last year against −4.65%.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month−3.22% −3.60% —
3 months−4.75% −5.03% —
6 months−0.54% −1.83% —
1 year−2.19% −4.06% +1.87 pts
3 years+10.63% +9.27% +1.36 pts
5 years+10.62% +8.00% +2.62 pts
10 years— +12.69% —
Since start
from 12 Dec 2018
+14.66%——
Valarth price history to 13 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026
Ahead of its benchmark (BSE 500 TRI) in 3 of 3 periods.
PeriodDirectRegularBenchmarkAheadRank
1y −2.19%−3.32%−4.65% +2.46 🔒
3y +10.62%+9.37%+8.97% +1.65 🔒
5y +10.61%+9.46%+8.06% +2.55 🔒
10y ——— — —
Ahead in points a year · its rank among Value funds, and how steady the lead is, in the app

Value of 100, month-end

Dec 2018 to 13 Oct 2026
50100150200250300350 2019202120232025
Fund 287Nifty 500 TRI 261

₹100 put in at the start of Dec 2018 would be ₹287 on 13 Oct 2026, against ₹261 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro
Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.
See them in the app →

What does Union Value Fund cost?

1.51% a year on the direct plan, 2.71% on the regular plan; 16 of 24 funds in its category charge less.

Direct plan
1.51% a year
Category median 1.23%
Regular plan
2.71% a year
Category median 2.29%
Gap
1.20 points
for the same holdings
16 of 24 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Equity Scheme - Value Fund

What the regular plan costs you over time

🔒 Pro
The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Union Value Fund?

Vinod Malviya, since 1 Nov 2024; Gaurav Chopra, since 1 Nov 2024.

Vinod Malviya
1.9 years
since 1 Nov 2024
Gaurav Chopra
1.9 years
since 1 Nov 2024
Benchmark as filedBSE 500 Index (TRI)
Exit load
1% if units are redeemed or switched out on or before completion of 15 days from the date of allotment. Nil thereafter.
From 14 Scheme Summary Documents filed with NSE, first on 23 Aug 2026; as on 12 Oct 2026

What does Union Value Fund hold?

73 holdings as of 30 Sep 2026; the ten largest are 32.7% of the fund, the largest ICICI Bank Ltd. at 6.4%.

Mix

Holdings as of 30 Sep 2026
Equity96.3%Debt0.1%Cash3.6%Other0.0%
Holdings
73
69 shares
Top ten
32.7%
of the fund
Effective holdings
46.5
spread, as if equal-weighted
Matched to our table
100%
of the equity

Five largest

% of fund
ICICI Bank Ltd.6.44%
HDFC Bank Ltd.4.12%
Reliance Industries Ltd.3.75%
Axis Bank Ltd.3.21%
Bharti Airtel Ltd.2.98%

Five largest industries

% of fund
Banks22.0%
IT - Software7.20%
Pharmaceuticals & Biotechnology5.80%
Construction5.80%
Petroleum Products4.70%

By company size

% of equity · SEBI size lists
Large Cap58.4%Mid Cap15.2%Small Cap26.4%

How does Union Value Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro
Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.
Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro
The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Union Value Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro
Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

Moves with its indexnot an index tracker
Nearest to the Nifty 50: 57% of it differs from the index (an active fund is usually above 60%).
Active share 56.9%60%

Funds that hold much the same

% of holdings in common
UNION ELSS TAX SAVER FUND55.4% the same
39 shared holdings
UNION CHILDREN'S FUND49.8% the same
34 shared holdings
UNION MULTI ASSET ALLOCATION FUND47.4% the same
35 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro
How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Union Value Fund?

Vinod Malviya (manager) since 1 Nov 2024; Gaurav Chopra (manager) since 1 Nov 2024.

What is the expense ratio of Union Value Fund?

1.51% a year on the direct plan and 2.71% on the regular plan (expense report, Oct 2026).

How has Union Value Fund done?

Its direct plan returned +10.62% a year over 3 years against +8.97% for its benchmark, BSE 500 TRI, as of 13 Oct 2026.

Inside the app

See Union Value Fund beside your own funds in Valarth

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Union Value Fund in the app: beside your own funds, with what you own through them

See the full analysis in the app →See pricing
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