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 #165 of 179 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹9.92 (as of 2026-08-21) |
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| AUM | ₹503 Cr |
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| Expense ratio | 2.10% |
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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 76.3% of NIFTY Alpha 50's upside and 84.0% of its downside.
Market cap allocation
| Large cap | 7.5% |
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| Mid cap | 21.0% |
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| Small cap | 71.5% |
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Concentration
| Top 5 holdings | 16.0% |
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| Top 10 holdings | 29.0% |
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| Total holdings | 41 |
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Top holdings
- Torrent Pharmaceuticals Ltd. — 4.8%
- TREPS — 3.8%
- Laurus Labs Limited — 3.0%
- R R KABEL LIMITED — 2.9%
- Craftsman Automation Limited — 2.7%
- Avalon Technologies Limited — 2.6%
- Rashi Peripherals Limited — 2.6%
- Apar Industries Ltd — 2.6%
- Astra Microwave Products Ltd. — 2.6%
- Ather Energy Limited — 2.6%
Top sectors
- Pharma & Biotech — 26.7%
- Industrial Products — 14.8%
- Automobile — 12.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 15.2% | Q1 (Top) | #20 of 167 |
| 2025 | -15.0% | Q4 (Bottom) | #130 of 132 |