Union Mutual Fund has played an important role in India's asset management business for over a decade. They aim to give investors the right investment opportunities leading to long-term capital-market prosperity.

It began with a collaboration between Union and KBC Asset Management NV, a Belgian-based AMC, and was known as Union KBC Mutual Fund. Union Bank owned the majority of the company, while KBC owned 49%.

KBC terminated the partnership in 2016, and Union Bank of India purchased their shares. It made Union Mutual Fund a wholly-owned subsidiary of UBI.

Latest Union Mutual Fund Schemes for 2023

Union Mutual Fund manages assets worth ₹9,972 crores. It offers 22 schemes in several categories, including 9 equity funds, 8 debt funds, and 3 hybrid funds. Here are some of their latest Mutual Funds.

Union Focused Equity Fund

This scheme is ideal for investors seeking long-term capital growth. It mainly invests in equity and equity-related securities of companies across market capitalisation.

NAV: ₹18.16

1 Year Returns: 12.59%

Union Balanced Advantage Fund

This scheme suits investors who want to invest in a mix of equity, debt and derivatives instruments based on market conditions.

NAV: ₹15.72

1 Year Returns: 9.09%

Union Large Cap Fund

This scheme suits investors who want to invest in large-cap companies. The scheme invests in equity and equity-related securities of large-cap companies.

NAV: ₹16.88

1 Year Returns: 12.68%

Union Small Cap Fund

This scheme suits investors with a higher risk appetite. Investors who want to earn higher gains in 3-4 years. This scheme primarily focuses on investing in equity and equity-related securities of small-cap companies.

NAV: ₹30.61

1 Year Returns: 15.90%

Conclusion

Union Mutual Fund offers a range of mutual fund schemes to cater to different investment needs for investors with low, moderate, and higher risk appetites. And you can find all these latest Union Mutual Fund schemes in one place — Fi Money.

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Fi Money offers you 950+ direct mutual funds with 100% flexibility and 0 penalties on missed payments.

So, hurry up! Head straight to the app and start your Mutual Funds journey today.

Frequently Asked Questions

1. How to log in to Union Mutual Fund?

You can access your account through the Union Mutual Fund online portal if you have already invested in Union Mutual Fund schemes. To gain access to your account, take the following steps:

1. Visit the official Union Mutual Fund website at www.unionmf.com
2. Click on the 'Investors Login' button at the top right corner of the homepage.
3. Enter your registered email ID and password
4. Click on the 'Login' button
5. Once logged in, you may review your account details, portfolio, transaction history, and other relevant information

2. What is the NAV value of the Union Mutual Fund?

Different mutual fund schemes show different NAV values. If you want to find the NAV of your chosen Union Mutual Fund, you can visit the official website of Union Mutual Fund at www.unionmf.com 

3. Which is the best mutual fund in Union Bank?

When selecting the best mutual fund at Union Bank, consider factors such as historical performance, investment risk, expense ratio, and fund goals. Visit Union Mutual Fund's official website for more information. Prioritise your investment goals and timeframe. Seek guidance from a financial counsellor or professional fund analyst. You can find some of the most popular Union Mutual Funds on the Fi app.