Union Arbitrage Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- 5-Year CAGR of 6.02% demonstrates steady long-term compounding.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.78% | +0.72% | +0.06% |
| 3 Months | +1.64% | +1.49% | +0.15% |
| 6 Months | +3.26% | +3.04% | +0.22% |
| 1 Year | +6.22% | +6.13% | +0.09% |
| 3 Years CAGR | +6.57% | +6.54% | +0.03% |
| 5 Years CAGR | +6.02% | +6.08% | -0.06% |
| 7 Years CAGR | +5.47% | +5.49% | -0.02% |
| Since Inception | +5.54% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Union Arbitrage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.34% | +5.16% | +0.18% |
| 2025 | +6.03% | +6.23% | -0.20% |
| 2024 | +7.57% | +7.46% | +0.11% |
| 2023 | +7.04% | +7.05% | -0.01% |
| 2022 | +3.66% | +4.06% | -0.40% |
| 2021 | +3.71% | +3.55% | +0.16% |
| 2020 | +4.48% | +4.08% | +0.40% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +2.86% | +5.43% | +5.75% | +8.00% | 100.0% | - |
| 3-Year Rolling | +3.70% | +5.44% | +5.60% | +6.98% | 100.0% | - |
| 5-Year Rolling | +5.04% | +5.43% | +5.35% | +6.02% | 100.0% | - |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related instruments (as part of hedged / arbitrage exposure)* | 65% - 90% of net assets; Debt and Money Market Instruments including margin money deployed for derivatives transactions**: 10%-35% of net assets. *Equity allocation so built, at any point in time, would be completely hedged out, using derivative instruments that provide an equal but opposite exposure, thereby making the Net exposure market neutral. In case the fund is not able to have a net market-neutral position due to any operational reason such as short delivery in the cash market etc., the fund will endeavour to rebalance the portfolio to a net market-neutral position at the earliest. **Exposure in debt instruments in CDs, government securities with maturities up to 1-year, overnight Debt securities, mutual fund units of liquid, money market or schemes having Macaulay duration less than 1 year for meeting liquidity and margin requirements. Please refer the Scheme Information Document for complete details. |
Investment Objective & Strategy
The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments. However, there is no assurance that the Investment Objective of the scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 240 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Arbitrage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Arbitrage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Parag Parikh Arbitrage Fund | 6.5 | +6.60% | 1.39% | - | Rs 2,724 cr | Compare → |
| Axis Arbitrage Fund | 5.3 | +6.63% | 2.09% | - | Rs 10,449 cr | Compare → |
| Tata Arbitrage Fund | 5.3 | +6.63% | 2.20% | - | Rs 24,777 cr | Compare → |
| Mirae Asset Arbitrage Fund | 4.3 | +6.54% | 3.19% | - | Rs 3,802 cr | Compare → |
| Aditya BIRLA SUN LIFE ARBITRAGE FUND | 5.9 | +6.66% | 1.92% | - | Rs 27,972 cr | Compare → |
Frequently Asked Questions about Union Arbitrage Fund
What is the expense ratio of Union Arbitrage Fund?
Union Arbitrage Fund has a total expense ratio (TER) of 2.29% with a base expense ratio of 0.87%, compared to the Arbitrage category median of 2.12%.
Who manages Union Arbitrage Fund?
Union Arbitrage Fund is managed by Vishal Thakker.
What are the historical returns of Union Arbitrage Fund?
Union Arbitrage Fund delivered a 3-year CAGR of 6.57% and a 5-year CAGR of 6.02%. Its 1-year return stands at +6.22%.
How large is Union Arbitrage Fund?
Union Arbitrage Fund manages assets of Rs 240 cr, placing it in the 'comfortable' size band relative to Arbitrage peers.
How is Union Arbitrage Fund scored on MFIQ?
Union Arbitrage Fund holds an MFIQ Score of 4.4/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Union Arbitrage Fund?
Union Arbitrage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 1.17% with a maximum historical drawdown of -0.59%.