Union Active Momentum Fund
Sectoral/ Thematic · Union Asset Management Company Private Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹73,430. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Union Active Momentum Fund is a Sectoral/ Thematic fund from Union Asset Management Company Private Limited. It has a track record of about 1.7 years. As of the latest data it carries an RS rating of 88/99 (its recent momentum versus category peers). The current NAV is ₹10.08 (as of 2026-09-16).
Growth of ₹100 - last 2 years
Union Active Momentum Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -0.1% | -3.47% |
| 3 months | 5.22% | 2.0% |
| 6 months | 23.08% | 10.56% |
| 1 year | 16.94% | 4.78% |
Its trailing one-year return is 16.94%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Union Active Momentum | Benchmark |
|---|---|---|
| 2025 | -13.9% | n/a |
| 2026 | +15.5% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -26.57% | -26.37% |
| Worst drawdown (3Y) | -26.57% | -20.9% |
| Volatility (1Y) | 22.5% | 19.02% |
| Sharpe (3Y) | -0.28 | 0.31 |
| Bull-market return | 45.8% | 30.78% |
| Bear-market return | -39.9% | -23.76% |
Timing matters more than people admit: the best possible 1-year stretch in Union Active Momentum Fund (starting 2025-08-29) gained 22.0%, while the worst (starting 2025-01-03) lost 15.4%. The worst peak-to-bottom fall Union Active Momentum Fund has ever put investors through is -26.57% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -39.9% annualised, versus 45.8% in rising markets.
How Union Active Momentum Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Union Active Momentum Fund has historically returned about -39.9% annualised, versus roughly 45.8% when the market is rising. Its deepest fall on record is -26.57%. Right now it sits about 2.8% below its all-time high (last hit 2026-09-11). The real question isn't the average year - it's whether you could hold on through the worst one.
How Union Active Momentum Fund ranks in its category
Percentile versus its ~946 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
What Union Active Momentum Fund holds
Its latest monthly portfolio disclosure. This is what your money actually owns.
Top holdings
Sector allocation
The top 10 holdings make up 27.9% of the portfolio, across 41 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
Union Active Momentum Fund shares LIC MF Healthcare Fund (5%), HDFC Transportation and Logistics Fund (0%), ICICI Prudential Transportation And Logistics Fund (0%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.
Who manages Union Active Momentum Fund - and how good are they?
Union Active Momentum Fund is managed by Sanjay Bembalkar and Gaurav Chopra. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Sanjay Bembalkar's full record
Sanjay Bembalkar currently runs 9 funds, across Dynamic Asset Allocation or Balanced Advantage, ELSS, Flexi Cap Fund, Large Cap Fund and more, with about ₹9,031 Cr under management. The book's average King Score is 63.5/100. Their strongest fund by King Score is Union Multicap Fund (78/100); Union Active Momentum Fund ranks #7 of 9 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Union Multicap Fund | 83 | 78 | 3.8% | 13.2% | 8.5% | 14.0% | n/a | n/a | 0.47 | 18.8% | -19.8% |
| 2 | Union Innovation & Opportunities Fund | 91 | 76 | 9.8% | 24.1% | 10.6% | 18.2% | n/a | n/a | 0.62 | n/a | -23.9% |
| 3 | Union ELSS Tax Saver Fund | 40 | 62 | 0.2% | 4.8% | -2.4% | 9.2% | 9.7% | 12.6% | 0.19 | 14.2% | -35.4% |
| 4 | Union Balanced Advantage Fund | 67 | 60 | 0.6% | 2.9% | 0.2% | 7.6% | 7.4% | n/a | 0.13 | 12.0% | -23.8% |
| 5 | Union Flexi Cap Fund | 52 | 60 | 2.5% | 7.3% | 0.8% | 10.2% | 9.8% | 13.1% | 0.26 | 13.8% | -35.4% |
| 6 | Union Largecap Fund | 42 | 45 | -1.5% | 0.5% | -4.8% | 6.5% | 6.8% | n/a | 0.01 | 14.2% | -36.4% |
| 7 | Union Active Momentum Fund (this page) | 88 | n/a | 5.2% | 23.1% | 16.9% | n/a | n/a | n/a | -0.28 | n/a | -26.6% |
| 8 | Union Multi Asset Allocation Fund | 62 | n/a | 0.2% | 1.8% | 10.2% | n/a | n/a | n/a | 0.31 | n/a | -10.0% |
| 9 | Union Consumption Fund | n/a | n/a | 4.5% | 9.7% | n/a | n/a | n/a | n/a | n/a | n/a | -16.8% |
Gaurav Chopra's full record
Gaurav Chopra currently runs 7 funds, across Dynamic Asset Allocation or Balanced Advantage, FoF Domestic, Mid Cap Fund, Sectoral/ Thematic and more, with about ₹7,261 Cr under management. The book's average King Score is 69.8/100. Their strongest fund by King Score is Union Innovation & Opportunities Fund (76/100); Union Active Momentum Fund ranks #6 of 7 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Union Innovation & Opportunities Fund | 91 | 76 | 9.8% | 24.1% | 10.6% | 18.2% | n/a | n/a | 0.62 | n/a | -23.9% |
| 2 | Union Midcap Fund | 75 | 73 | 1.8% | 11.2% | 7.2% | 15.8% | 14.6% | n/a | 0.53 | 23.1% | -21.3% |
| 3 | Union Value Fund | 45 | 72 | -1.7% | 2.6% | -0.6% | 10.8% | 11.9% | n/a | 0.28 | 20.0% | -37.7% |
| 4 | Union Small Cap Fund | 87 | 68 | 7.6% | 25.0% | 19.9% | 16.5% | 16.7% | 17.1% | 0.51 | 18.5% | -44.7% |
| 5 | Union Balanced Advantage Fund | 67 | 60 | 0.6% | 2.9% | 0.2% | 7.6% | 7.4% | n/a | 0.13 | 12.0% | -23.8% |
| 6 | Union Active Momentum Fund (this page) | 88 | n/a | 5.2% | 23.1% | 16.9% | n/a | n/a | n/a | -0.28 | n/a | -26.6% |
| 7 | Union Diversified Equity All Cap Active FOF | n/a | n/a | 3.6% | 13.3% | n/a | n/a | n/a | n/a | n/a | n/a | -11.5% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.91% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹1000 |
| Fund size (AUM) | ₹474 Cr |
| Age | 1.7 years |
| Plan / Option | Direct · Growth |
How Union Active Momentum Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| HDFC Transportation and Logistics Fund | 82 | 89 | 24.1% |
| LIC MF Healthcare Fund | 91 | 87 | 21.4% |
| ICICI Prudential Transportation And Logistics Fund | 78 | 87 | 21.1% |
| ICICI Prudential Innovation Fund | 56 | 87 | 17.8% |
| HDFC Defence Fund | 87 | 83 | 36.0% |
| Kotak Manufacture in India Fund | 81 | 83 | 19.1% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Union Active Momentum Fund review: the bottom line
Related
Frequently asked questions
Is Union Active Momentum Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Union Active Momentum Fund scores RS 88/99 within its category, and its worst drawdown was -26.57%. Compare those against your needs and the peer table above.
What is the NAV of Union Active Momentum Fund today?
The latest NAV is ₹10.08 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Union Active Momentum Fund?
The Direct-plan expense ratio is 0.91% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Union Active Momentum Fund?
Union Active Momentum Fund is managed by Sanjay Bembalkar; Gaurav Chopra.
Is Union Active Momentum Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -26.57% - ₹1 lakh briefly becoming about ₹73,430. As a sectoral & thematic fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Union Active Momentum Fund tax-efficient / what about capital gains?
As a sectoral & thematic fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Union Active Momentum Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.