Union Active Momentum Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Strong capital defense: downside capture of 49% limits losses during market corrections.
- Generated +14.9% annualized alpha (excess return) over its benchmark.
- Expense ratio (3.89%) is higher than category median (2.52%), which creates fee drag over time.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | -0.10% | +6.32% | -6.42% |
| 3 Months | +0.81% | -0.20% | +1.01% |
| 6 Months | +12.30% | +5.98% | +6.32% |
| 1 Year | +15.97% | +3.90% | +12.07% |
| Since Inception | -0.37% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +15.56% | +4.03% | +11.53% |
| 2025 | -15.00% | +1.43% | -16.43% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -16.58% | +6.66% | +7.86% | +19.86% | 82.1% | 62.4% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2025-01-03 | 2025-02-28 | -26.8% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related Instruments related to momentum theme* | 80% - 100% of total assets, Money Market Instruments, Other Liquid Instruments and other assets as permitted by SEBI: 0%-20% of total assets, Units issued by InvITs: 0% - 10% of total assets. *Our proprietary momentum model identifies certain price patterns in the historical price performance from the defined universe to shortlist stocks. Furthermore, volatility of returns, relative strength and liquidity conditions are also considered to rank stocks in the order of preference. Please refer the Scheme Information Document for more details. |
Investment Objective & Strategy
The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum – based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will be selected, weighted and rebalanced using proprietary screens. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 564 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Invesco India Consumption Fund | 6.6 | - | 2.63% | 93.4% | Rs 622 cr | Compare → |
| Kotak MNC Fund | 7.6 | - | 2.27% | 75.3% | Rs 2,196 cr | Compare → |
| Motilal Oswal Consumption Fund | 7.3 | - | - | 105.4% | Rs 1,204 cr | Compare → |
| Axis India Manufacturing Fund | 7.7 | - | 2.07% | 82.1% | Rs 5,620 cr | Compare → |
| Motilal Oswal Active Momentum Fund | 8.5 | - | - | 54.9% | Rs 1,559 cr | Compare → |
Frequently Asked Questions about Union Active Momentum Fund
What is the expense ratio of Union Active Momentum Fund?
Union Active Momentum Fund has a total expense ratio (TER) of 3.89% with a base expense ratio of 2.08%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Union Active Momentum Fund?
Union Active Momentum Fund is managed by Gaurav Chopra (tenure: 1.9 years since 2024-12-19).
What are the historical returns of Union Active Momentum Fund?
Union Active Momentum Fund has a 1-year return of +15.97%.
How large is Union Active Momentum Fund?
Union Active Momentum Fund manages assets of Rs 564 cr, placing it in the 'comfortable' size band relative to Sectoral / Thematic peers.
How is Union Active Momentum Fund scored on MFIQ?
Union Active Momentum Fund holds an MFIQ Score of 5.8/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Union Active Momentum Fund?
Union Active Momentum Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 19.45% with a maximum historical drawdown of -26.76%.