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Union Arbitrage Fund - Direct Plan - IDCW Option

Union Mutual Fund · Arbitrage Fund · Direct · IDCW

NAV · as of 11/09/2026

15.27

1D

-0.20%

1Y

+6.53%

Key stats

Expense ratio
1.39%
AUM
₹225.90 Cr
Launched
27/02/2019
Fund manager
Devesh Thacker; Vishal Thakker
Portfolio turnover
11.62%
Risk
Low Risk
Min lump-sum
₹1,000
Min SIP
₹500/mo
Fresh lump-sum
Accepted
Fresh SIP
Accepted

NAV history

Union Arbitrage Fund - Direct Plan - IDCW Option

13/08/2026 to 11/09/2026

O - H - L -

15.3015.1913/08/202611/09/2026
1W+0.21%
1M+0.40%
3M+1.76%
6M+3.20%
1Y+6.53%
3Y+7.21%
5Y+6.49%
MAX+52.37%

Top holdings

172 disclosed
  • 1.

    Cash Offset For Derivatives

    74.57%
  • 2.

    Union Money Market Dir Gr

    14.69%
  • 3.

    Bank Of Baroda

    6.37%
  • 4.

    Future on Reliance Industries Ltd

    3.38%
  • 5.

    Reliance Industries Ltd

    Energy

    3.36%
  • 6.

    Future on HDFC Bank Ltd

    3.35%
  • 7.

    HDFC Bank Ltd

    Financial Services

    3.31%
  • 8.

    Future on Bharti Airtel Ltd

    3.20%
  • 9.

    Bharti Airtel Ltd

    Communication Services

    3.19%
  • 10.

    Treps

    2.83%
  • 11.

    Future on Kotak Mahindra Bank Ltd

    2.46%
  • 12.

    Kotak Mahindra Bank Ltd

    Financial Services

    2.45%
  • 13.

    Future on Vodafone Idea Ltd

    2.33%
  • 14.

    Vodafone Idea Ltd

    Communication Services

    2.30%
  • 15.

    Future on Bharat Heavy Electricals Ltd

    2.09%
  • 16.

    Bharat Heavy Electricals Ltd

    Industrials

    2.08%
  • 17.

    Future on Max Financial Services Ltd

    2.05%
  • 18.

    Max Financial Services Ltd

    Financial Services

    2.04%
  • 19.

    Future on JSW Steel Ltd

    2.02%
  • 20.

    JSW Steel Ltd

    Basic Materials

    2.01%
  • 21.

    Net Receivable / Payable

    1.73%
  • 22.

    Future on Grasim Industries Ltd

    1.58%
  • 23.

    Grasim Industries Ltd

    Basic Materials

    1.58%
  • 24.

    Future on Tata Steel Ltd.

    1.56%
  • 25.

    Tata Steel Ltd

    Basic Materials

    1.55%
  • 26.

    Future on State Bank of India

    1.54%
  • 27.

    State Bank of India

    Financial Services

    1.53%
  • 28.

    Future on Bajaj Finance Ltd

    1.53%
  • 29.

    Bajaj Finance Ltd

    Financial Services

    1.51%
  • 30.

    Future on Cipla Ltd

    1.47%
  • 31.

    Cipla Ltd

    Healthcare

    1.47%
  • 32.

    Future on Eicher Motors Ltd

    1.43%
  • 33.

    Eicher Motors Ltd

    Consumer Cyclical

    1.42%
  • 34.

    ICICI Bank Ltd

    Financial Services

    1.38%
  • 35.

    Future on ICICI Bank Ltd

    1.37%
  • 36.

    Future on SBI Life Insurance Co Ltd

    1.35%
  • 37.

    SBI Life Insurance Co Ltd

    Financial Services

    1.34%
  • 38.

    Axis Bank Ltd. - NCD & Bonds

    1.33%
  • 39.

    Future on Delhivery Ltd

    1.33%
  • 40.

    Delhivery Ltd

    Industrials

    1.33%
  • 41.

    Axis Bank Ltd

    Financial Services

    1.33%
  • 42.

    Future on Tata Consumer Products Ltd

    1.27%
  • 43.

    Tata Consumer Products Ltd

    Consumer Defensive

    1.27%
  • 44.

    NTPC Ltd

    Utilities

    1.22%
  • 45.

    Future on NTPC Ltd

    1.22%
  • 46.

    Future on Sun Pharmaceuticals Industries Ltd

    1.17%
  • 47.

    Sun Pharmaceuticals Industries Ltd

    Healthcare

    1.17%
  • 48.

    Future on Shriram Finance Ltd

    1.15%
  • 49.

    Shriram Finance Ltd

    Financial Services

    1.15%
  • 50.

    Future on Eternal Ltd

    1.14%
  • 51.

    Eternal Ltd

    Consumer Cyclical

    1.14%
  • 52.

    Future on Adani Ports & Special Economic Zone Ltd

    1.11%
  • 53.

    Adani Ports & Special Economic Zone Ltd

    Industrials

    1.11%
  • 54.

    Future on Jio Financial Services Ltd

    1.10%
  • 55.

    Jio Financial Services Ltd

    Financial Services

    1.09%
  • 56.

    Future on Bajaj Finserv Ltd

    1.08%
  • 57.

    Bajaj Finserv Ltd

    Financial Services

    1.08%
  • 58.

    Future on TVS Motor Co Ltd

    1.07%
  • 59.

    TVS Motor Co Ltd

    Consumer Cyclical

    1.07%
  • 60.

    Future on Apollo Hospitals Enterprise Ltd

    1.04%
  • 61.

    Apollo Hospitals Enterprise Ltd

    Healthcare

    1.04%
  • 62.

    Future on InterGlobe Aviation Ltd

    1.03%
  • 63.

    InterGlobe Aviation Ltd

    Industrials

    1.03%
  • 64.

    Future on Hero MotoCorp Ltd

    1.00%
  • 65.

    Hero MotoCorp Ltd

    Consumer Cyclical

    1.00%
  • 66.

    Future on UPL Ltd

    0.95%
  • 67.

    UPL Ltd

    Basic Materials

    0.94%
  • 68.

    Future on LTM Ltd

    0.93%
  • 69.

    Future on Bharat Forge Ltd

    0.93%
  • 70.

    LTM Ltd

    Technology

    0.93%
  • 71.

    Bharat Forge Ltd

    Consumer Cyclical

    0.92%
  • 72.

    Future on Max Healthcare Institute Ltd Ordinary Shares

    0.87%
  • 73.

    Max Healthcare Institute Ltd Ordinary Shares

    Healthcare

    0.87%
  • 74.

    Future on ITC Ltd

    0.87%
  • 75.

    Future on DLF Ltd

    0.86%
  • 76.

    Future on GAIL (India) Ltd

    0.86%
  • 77.

    DLF Ltd

    Real Estate

    0.86%
  • 78.

    ITC Ltd

    Consumer Defensive

    0.86%
  • 79.

    GAIL (India) Ltd

    Utilities

    0.86%
  • 80.

    Future on Hindalco Industries Ltd

    0.82%
  • 81.

    Maruti Suzuki India Ltd

    Consumer Cyclical

    0.82%
  • 82.

    Hindalco Industries Ltd

    Basic Materials

    0.81%
  • 83.

    Future on Maruti Suzuki India Ltd

    0.81%
  • 84.

    Future on Hindustan Unilever Ltd

    0.81%
  • 85.

    Hindustan Unilever Ltd

    Consumer Defensive

    0.81%
  • 86.

    Future on Ambuja Cements Ltd

    0.78%
  • 87.

    Future on Fortis Healthcare Ltd

    0.78%
  • 88.

    Ambuja Cements Ltd

    Basic Materials

    0.78%
  • 89.

    Fortis Healthcare Ltd

    Healthcare

    0.78%
  • 90.

    Future on Biocon Ltd

    0.76%
  • 91.

    Biocon Ltd

    Healthcare

    0.75%
  • 92.

    Future on Solar Industries India Ltd

    0.74%
  • 93.

    Future on Larsen & Toubro Ltd

    0.73%
  • 94.

    Solar Industries India Ltd

    Basic Materials

    0.73%
  • 95.

    Larsen & Toubro Ltd

    Industrials

    0.73%
  • 96.

    Future on UNO Minda Ltd

    0.72%
  • 97.

    UNO Minda Ltd

    Consumer Cyclical

    0.72%
  • 98.

    Future on HDFC Life Insurance Co Ltd

    0.70%
  • 99.

    HDFC Life Insurance Co Ltd

    Financial Services

    0.69%
  • 100.

    Future on Power Grid Corp Of India Ltd

    0.69%
  • 101.

    Power Grid Corp Of India Ltd

    Utilities

    0.69%
  • 102.

    Future on Prestige Estates Projects Ltd

    0.68%
  • 103.

    Prestige Estates Projects Ltd

    Real Estate

    0.68%
  • 104.

    Future on Tata Elxsi Ltd

    0.67%
  • 105.

    Tata Elxsi Ltd

    Technology

    0.67%
  • 106.

    Future on Mahindra & Mahindra Ltd

    0.63%
  • 107.

    Mahindra & Mahindra Ltd

    Consumer Cyclical

    0.63%
  • 108.

    Future on UltraTech Cement Ltd

    0.61%
  • 109.

    UltraTech Cement Ltd

    Basic Materials

    0.61%
  • 110.

    Future on Divi's Laboratories Ltd

    0.57%
  • 111.

    Divi's Laboratories Ltd

    Healthcare

    0.57%
  • 112.

    Future on Yes Bank Ltd

    0.57%
  • 113.

    Yes Bank Ltd

    Financial Services

    0.56%
  • 114.

    Future on CG Power & Industrial Solutions Ltd

    0.56%
  • 115.

    CG Power & Industrial Solutions Ltd

    Industrials

    0.55%
  • 116.

    Future on Ashok Leyland Ltd

    0.52%
  • 117.

    Future on The Federal Bank Ltd

    0.52%
  • 118.

    The Federal Bank Ltd

    Financial Services

    0.52%
  • 119.

    Ashok Leyland Ltd

    Industrials

    0.51%
  • 120.

    Future on Jindal Steel Ltd

    0.49%
  • 121.

    Jindal Steel Ltd

    Basic Materials

    0.49%
  • 122.

    Future on BSE Ltd

    0.49%
  • 123.

    BSE Ltd

    Financial Services

    0.48%
  • 124.

    Future on Muthoot Finance Ltd

    0.46%
  • 125.

    Muthoot Finance Ltd

    Financial Services

    0.46%
  • 126.

    Future on Tata Consultancy Services Ltd

    0.45%
  • 127.

    Tata Consultancy Services Ltd

    Technology

    0.45%
  • 128.

    Future on Adani Energy Solutions Ltd

    0.44%
  • 129.

    Adani Energy Solutions Ltd

    Utilities

    0.44%
  • 130.

    Future on Infosys Ltd

    0.44%
  • 131.

    Infosys Ltd

    Technology

    0.44%
  • 132.

    Future on Force Motors Ltd

    0.44%
  • 133.

    Force Motors Ltd

    Consumer Cyclical

    0.44%
  • 134.

    Future on Bharat Electronics Ltd

    0.42%
  • 135.

    Bharat Electronics Ltd

    Industrials

    0.42%
  • 136.

    Future on Lupin Ltd

    0.41%
  • 137.

    Future on Bank of Baroda

    0.41%
  • 138.

    Future on IndusInd Bank Ltd

    0.41%
  • 139.

    Lupin Ltd

    Healthcare

    0.41%
  • 140.

    Bank of Baroda

    Financial Services

    0.41%
  • 141.

    IndusInd Bank Ltd

    Financial Services

    0.41%
  • 142.

    Future on The South India Paper Mills Ltd

    0.35%
  • 143.

    Phoenix Mills Ltd

    Real Estate

    0.35%
  • 144.

    Future on NMDC Ltd

    0.25%
  • 145.

    NMDC Ltd

    Basic Materials

    0.25%
  • 146.

    Future on Coforge Ltd

    0.22%
  • 147.

    Coforge Ltd

    Technology

    0.22%
  • 148.

    India (Republic of)

    0.13%
  • 149.

    KPIT Technologies Ltd

    Technology

    0.12%
  • 150.

    Future on KPIT Technologies Ltd

    0.12%
  • 151.

    Future on JSW Energy Ltd

    0.05%
  • 152.

    JSW Energy Ltd

    Utilities

    0.05%
  • 153.

    ICICI Lombard General Insurance Co Ltd

    -
  • 154.

    Angel One Ltd Ordinary Shares

    -
  • 155.

    Mphasis Ltd

    -
  • 156.

    HDFC Asset Management Co Ltd

    -
  • 157.

    United Spirits Ltd

    -
  • 158.

    Lodha Developers Ltd

    -
  • 159.

    Amber Enterprises India Ltd Ordinary Shares

    -
  • 160.

    Patanjali Foods Ltd

    -
  • 161.

    Vedanta Ltd

    -
  • 162.

    Oil & Natural Gas Corp Ltd

    -
  • 163.

    L&T Finance Ltd

    -
  • 164.

    Oil India Ltd

    -
  • 165.

    Hindustan Petroleum Corp Ltd

    -
  • 166.

    Laurus Labs Ltd

    -
  • 167.

    APL Apollo Tubes Ltd

    -
  • 168.

    Dixon Technologies (India) Ltd

    -
  • 169.

    AU Small Finance Bank Ltd

    -
  • 170.

    Tata Motors Passenger Vehicles Ltd

    -
  • 171.

    FSN E-Commerce Ventures Ltd

    -
  • 172.

    Coal India Ltd

    -

Sector allocation

  • Unclassified174.90%
  • Financial Services21.75%
  • Basic Materials9.75%
  • Consumer Cyclical8.16%
  • Industrials7.76%
  • Healthcare7.06%
  • Communication Services5.50%
  • Energy3.36%
  • Utilities3.27%
  • Consumer Defensive2.93%
  • Technology2.83%
  • Real Estate1.89%

Comparable peers

  • Union Arbitrage IDCW Payout Direct Plan

    Union Arbitrage IDCW Payout (DP) · ₹225.90 Cr AUM

    1Y+6.77%
    3Y+7.32%
    -

  • Tata Arbitrage Monthly IDCW Payout Direct Plan

    Tata Arbitrage Monthly IDCW Payout (DP) · ₹24.95 K Cr AUM

    1Y+6.71%
    3Y+7.51%
    -

  • Tata Arbitrage Monthly IDCW Reinvest Direct Plan

    Tata Arbitrage Monthly IDCW Reinvest (DR) · ₹24.95 K Cr AUM

    1Y+6.71%
    3Y+7.51%
    -

  • Tata Arbitrage Monthly IDCW Payout Direct Plan

    Tata Arbitrage Monthly IDCW Payout (DP) · ₹24.95 K Cr AUM

    1Y+6.71%
    3Y+7.51%
    -

  • Kotak Arbitrage Monthly IDCW Reinvest Direct Plan

    Kotak Arbitrage Monthly IDCW Reinvest (DR) · ₹74.40 K Cr AUM

    1Y+6.68%
    3Y+7.50%
    -

Investment objective

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.

Scheme details

Scheme code
146296
Fund house
Union Mutual Fund
Category
Open Ended
Type
Hybrid Scheme
Sub-category
Arbitrage Fund
Plan
Direct
Return type
IDCW
ISIN (Growth)
INF582M01EU3
ISIN (Div. Reinvest)
INF582M01ET5
Tradable on exchange
No

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