Union Active Momentum Fund
The Scheme seeks 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.
Growthvine rating: 1/5 — ranked #168 of 186 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹9.15 (as of 2026-10-23) |
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| AUM | ₹543 Cr |
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| Expense ratio | 2.08% |
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| Riskometer | Very High |
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| Fund manager | Sanjay Bembalkar |
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| Exit load | 1% for redemption within 1 year |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −26.76% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 80.1% of NIFTY Alpha 50's upside and 78.2% of its downside.
Market cap allocation
| Large cap | 8.0% |
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| Mid cap | 21.6% |
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| Small cap | 70.4% |
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Concentration
| Top 5 holdings | 16.5% |
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| Top 10 holdings | 30.4% |
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| Total holdings | 35 |
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Top holdings
- TREPS — 9.9%
- Welspun Corp Limited — 4.1%
- Sansera Engineering Limited — 3.3%
- Avalon Technologies Limited — 3.0%
- IOL Chemicals & Pharmaceuticals Ltd — 3.0%
- Shilpa Medicare Ltd. — 3.0%
- Laurus Labs Limited — 2.8%
- Sona BLW Precision Forgings Limited — 2.8%
- Chennai Petroleum Corporation Ltd. — 2.8%
- Sky Gold And Diamonds Limited — 2.8%
Top sectors
- Automobile — 16.4%
- Pharma & Biotech — 13.6%
- Industrial Products — 11.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 6.3% | Q1 (Top) | #14 of 167 |
| 2025 | −15.0% | Q4 (Bottom) | #130 of 132 |