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Funds/Sectoral / Thematic/Union Innovation & Opportunities Fund

Union Innovation & Opportunities Fund

Union Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

Union Innovation & Opportunities Fund maintains a growth-focused stance with concentrated bets on consumption and industrial transformation themes—retailing, auto components, and electrical equipment collectively represent over 30% of the portfolio. The manager's conviction appears selective; recent rebalancing toward Billionbrains Garage Ventures and short-term liquidity instruments suggests tactical positioning while trimming Swiggy, hinting at a more cautious outlook on certain high-growth stocks. With just 54 holdings and top-10 concentration near 35%, this is a conviction-driven strategy suited for investors comfortable with elevated single-stock risk.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M3M6M1Y3Y CAGR5Y CAGR
Direct Growth₹14.4300——————
Regular Growth₹13.8700+4.60%+2.14%-4.48%+6.28%——
Direct IDCW₹14.4300——————
Regular IDCW₹13.8700——————
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
52
Top 5 Weight
19.55%
Top 10 Weight
34.85%
Active Share
—
Large Cap
15.08%
Gini
0.323

What Changed2026-03-31 → 2026-04-30

Holdings: 55 → 54+1 added−2 removed36 weight shifts ≥ 0.1%
StockWeight
364 Day Treasury Bills0.04%

Full Holdings

#Holding% to NAV
1
Eternal Ltd.
INE758T01015
4.65%
2
Acutaas Chemicals Ltd.
INE00FF01025
4.07%
3
The Federal Bank Ltd.
INE171A01029
3.71%
4
One 97 Communications Ltd.
INE982J01020
3.57%
5
Info Edge (India) Ltd.
INE663F01032
3.55%
6
GE Vernova T&D India Ltd.
INE200A01026
3.31%
7
CG Power and Industrial Solutions Ltd.
INE067A01029
3.19%
8
JSW Energy Ltd.
INE121E01018
3.00%
9
Ather Energy Ltd.
INE0LEZ01016
2.90%
10
ZF Commercial Vehicle Control Systems India Ltd.
INE342J01019
2.90%
11
The Phoenix Mills Ltd.
INE211B01039
2.65%
12
TVS Motor Company Ltd.
INE494B01023
2.64%
13
Delhivery Ltd.
INE148O01028
2.63%
14
Amber Enterprises India Ltd.
INE371P01015
2.61%
15
Sai Life Sciences Ltd.
INE570L01029
2.58%
16
TREPS
2.58%
17
Bharat Electronics Ltd.
INE263A01024
2.55%
18
AFFLE 3I Ltd.
INE00WC01027
2.53%
19
Krishna Institute of Medical Sciences Ltd.
INE967H01025
2.40%
20
S.J.S. Enterprises Ltd.
INE284S01014
2.38%

Sector Allocation

Retailing13.4%
Auto Components9.0%
Pharmaceuticals & Biotechnology8.7%
Electrical Equipment8.0%
IT - Services6.5%
Automobiles5.5%
Financial Technology (Fintech)5.5%
Aerospace & Defense4.5%
Consumer Durables4.0%
Banks3.7%

Top 10 sectors by % to NAV. Excludes derivatives.