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Union Mutual Fund

Union Retirement Fund

Union Mutual Fund · Direct plan · Growth

3-year returns
12.8%
a year
NAV
₹17.29
▲ 1.23% · 18 Sept 2026
Fund size
₹216 Cr
Expense ratio
0.98%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹16.35 and has returned 11.36% a year over 3 years.

Returns, and where it stands

Against the average retirement fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year3.3%1.8%ahead12 of 29
3 years12.8%9.8%ahead4 of 26
Every period, and the Regular plan →
PeriodDirectRegular
1 month-2.6%-2.7%
3 months0.5%0.2%
6 months7.9%7.2%
1 year3.3%2.1%
2 yearsp.a.2.7%1.4%
3 yearsp.a.12.8%11.4%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2022.

Plan

NAV history

▲ 3.35% in the last 1Y

15.116.517.818 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹24,081
XIRR (per year)
8.35%
Value today
₹2,04,081

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
14.2% a year
5.2% more than the category average — the bumpier side
Worst fall so far
−17.8%
Sept 2024 to Feb 2025.
Years that made money
97.8%
Of every one-year stretch it has been through.
Over any three years
11.9% to 20.2%
A year, at worst and at best. Typically 17.5%.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
5 years
Plan started
22 Sept 2022
Portfolio turnover
0.44x
Expense ratio
0.98%
as of 31 Jul 2026

Managed by Pratik Dharmshi, Pratit Vajani

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Union Retirement Fund against other funds in the Retirement Fund category
Fund1Y3Y5YExpenseFund size
ICICI Prudential Retirement Fund Pure Equity Plan6.29%19.48%19.16%0.86%₹2,158 Cr
ICICI Prudential Retirement Fund Hybrid Aggressive Plan6.35%17.23%14.97%1.13%₹1,320 Cr
Aditya Birla Sun Life Retirement Fund-The 30S Plan11.58%15.77%12.16%0.97%₹487 Cr
Union Retirement Fund3.35%12.79%0.98%₹216 Cr
Tata Retirement Savings Fund-Progressive Plan4.31%12.76%10.44%0.82%₹2,255 Cr
Tata Retirement Savings Fund-Moderate Plan4.27%12.06%10.37%0.83%₹2,251 Cr
Axis Retirement Fund - Dynamic Plan-1.6%11.58%8.09%1.39%₹285 Cr

About Union Retirement Fund

Union Retirement Fund is a retirement fund managed by Union Mutual Fund. Solution-oriented funds for retirement, with a lock-in of 5 years or until retirement age, whichever is earlier.

The investment objective of the Scheme is to generate long term capital gains by investing in a mix of securities comprising of equity, equity related securities and debt instruments as per the asset allocation pattern of the Scheme with a view to provide a retirement investment solution to investors. However, there is no assurance that the Investment Objective of the Scheme will be achieved.

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

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth Option₹17.29150554
DirectIDCW Option₹17.09150555
RegularGrowth Option₹16.35150552
RegularIDCW Option₹15.15150553

Frequently asked questions

What is the NAV of Union Retirement Fund today?

The NAV of Union Retirement Fund (Direct plan, Growth) is ₹17.29 and the Regular plan NAV is ₹16.35, as of 18 Sept 2026.

What returns has Union Retirement Fund given?

Over the last year the Direct plan returned 3.35%, and 12.79% a year over 3 years. That places it 4 of 26 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Union Retirement Fund?

The Direct plan charges 0.98% 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 Retirement Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹1,000 or more.

How much has Union Retirement Fund fallen in the past?

Its deepest fall was 17.8% from 23 Sept 2024 to 28 Feb 2025. Of every one-year stretch in its history, 98% ended in a gain.

Which category does Union Retirement Fund belong to?

It is a Retirement Fund from Union Mutual Fund. Solution-oriented funds for retirement, with a lock-in of 5 years or until retirement age, whichever is earlier.

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 Retirement Fund taxed?

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

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.