About Union Active Momentum Fund
Union Active Momentum Fund is a sectoral / thematic fund managed by Union Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.
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.
The scheme's stated objective, as published by Union Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹10.35 | 153109 |
| Direct | IDCW Option | ₹10.35 | 153110 |
| Regular | Growth Option | ₹10.11 | 153111 |
| Regular | IDCW Option | ₹10.11 | 153112 |
Frequently asked questions
What is the NAV of Union Active Momentum Fund today?
The NAV of Union Active Momentum Fund (Direct plan, Growth) is ₹10.35 and the Regular plan NAV is ₹10.11, as of 18 Sept 2026.
What returns has Union Active Momentum Fund given?
Over the last year the Direct plan returned 18.83%. Past returns do not guarantee future returns.
What is the expense ratio of Union Active Momentum Fund?
The Direct plan charges 0.91% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Union Active Momentum Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹1,000 or more.
How much has Union Active Momentum Fund fallen in the past?
Its deepest fall was 26.6% from 3 Jan 2025 to 28 Feb 2025. Of every one-year stretch in its history, 80% ended in a gain.
Which category does Union Active Momentum Fund belong to?
It is a Sectoral / Thematic Fund from Union Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Union Active Momentum Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.