Should I invest in Union Arbitrage Fund?

We don't give personal investment advice. Union Arbitrage Fund - Direct Plan - Growth Option is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 6.30%.

Union

Union Arbitrage Fund - Direct Plan - Growth Option

Latest NAV

₹15.3180

As of

3 Jun 2026

1,784 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.13%	-0.07%	-0.06	28 / 38	Q3
1W	-0.06%	-0.01%	-0.05	33 / 38	Q4
2W	-0.09%	-0.06%	-0.03	23 / 38	Q3
1M	+0.22%	+0.24%	-0.03	25 / 38	Q3
3M	+1.20%	+1.21%	-0.02	20 / 35	Q3
6M	+2.88%	+2.97%	-0.09	28 / 35	Q4
YTD	+2.30%	+2.40%	-0.11	30 / 35	Q4
1Y	+5.97%	+6.22%	-0.24	27 / 31	Q4
2Y	+6.74%	+6.87%	-0.14	20 / 26	Q4
3Y	+7.25%	+7.31%	-0.06	18 / 24	Q3
4Y	+6.94%	+6.99%	-0.05	16 / 23	Q3
5Y	+6.30%	+6.40%	-0.10	15 / 20	Q3
7Y	+5.95%	+6.05%	-0.10	13 / 17	Q4
10Y	—	—	—	—	—
Inception	+6.00%	+5.76%	+0.25	26 / 38	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.30%	+2.40%	-0.11	30 / 35
2025	+6.61%	+6.83%	-0.23	24 / 30
2024	+8.16%	+7.96%	+0.20	9 / 26
2023	+7.61%	+7.67%	-0.06	16 / 24
2022	+4.30%	+4.64%	-0.34	17 / 21
2021	+4.17%	+4.15%	+0.02	14 / 20
2020	+4.91%	+4.54%	+0.37	5 / 18
2019	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.97%

77 windows

min 3.1% · max 8.5%

100% positive

3-Year rolling

+5.90%

53 windows

min 4.3% · max 7.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+5.93%

28 windows

min 5.6% · max 6.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+6.03%

4 windows

min 5.9% · max 6.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.47%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.26%

May 2025 → May 2025

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Arbitrage Fund

Scheme	Fund house	NAV	As of
HDFC ARBITRAGE FUND - Wholesale Growth Option - Direct Plan	HDFC	₹21.3110	3 Jun 2026
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹30.3224	3 Jun 2026
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth	ICICI Prudential	₹38.8587	3 Jun 2026
Invesco India Arbitrage Fund - Direct Plan - Growth Option	Invesco	₹36.5313	3 Jun 2026
BANDHAN Arbitrage Fund-Direct Plan- Growth	Bandhan	₹37.0601	3 Jun 2026
quant Arbitrage Fund - Growth Option - Direct Plan	Quant	₹10.8385	3 Jun 2026
Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹30.2752	3 Jun 2026
Motilal Oswal Arbitrage Fund-Direct Plan-Growth	Motilal Oswal	₹11.0471	3 Jun 2026
Franklin India Arbitrage Fund - Direct - Growth	Franklin India	₹11.0725	3 Jun 2026
Mirae Asset Arbitrage Fund Direct Growth	Mirae Asset	₹14.2840	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹15.3180
2 Jun 2026	₹15.3104
1 Jun 2026	₹15.3301
29 May 2026	₹15.2870
27 May 2026	₹15.3109
26 May 2026	₹15.3193
25 May 2026	₹15.3142
22 May 2026	₹15.3078
21 May 2026	₹15.3169
20 May 2026	₹15.3136

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Union Arbitrage Fund - Direct Plan - Growth Option is ₹15.3180. It's a Arbitrage Fund from Union, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Union Arbitrage Fund - Direct Plan - Growth Option has NAV history starting from 27 Feb 2019, a track record of about 7 years 3 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Union Arbitrage Fund - Direct Plan - Growth Option is managed by Union. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Union Arbitrage Fund - Direct Plan - Growth Option has delivered a absolute return of 5.97% — -0.24 pp behind the Arbitrage Fund category average of 6.22%. The fund ranks #27 of 31 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Union Arbitrage Fund - Direct Plan - Growth Option has delivered a CAGR of 7.25% — -0.06 pp behind the Arbitrage Fund category average of 7.31%. The fund ranks #18 of 24 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Union Arbitrage Fund - Direct Plan - Growth Option has delivered a CAGR of 6.30% — -0.1 pp behind the Arbitrage Fund category average of 6.40%. The fund ranks #15 of 20 in its category — the third (Q3) quartile.

₹1 lakh invested in Union Arbitrage Fund - Direct Plan - Growth Option exactly 5 years ago would be worth approximately ₹135,722 today — a multiplier of 1.36×, based on the 5-year CAGR of 6.30%. The category average over the same window would have grown ₹1 lakh to ₹136,387.

A ₹10,000 monthly SIP in Union Arbitrage Fund - Direct Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹711,840 today. That's an XIRR (money-weighted annualised return) of 6.77%.

Union Arbitrage Fund - Direct Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,053,077 — XIRR 6.36%.

On a 5-year basis, Union Arbitrage Fund - Direct Plan - Growth Option ranks #15 out of 20 funds in the Arbitrage Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 6.40%; this fund delivered 6.30%.

The worst peak-to-trough decline Union Arbitrage Fund - Direct Plan - Growth Option has experienced over the last 5-year window is 0.26% — its NAV fell from a high on 08 May 2025 to a low on 12 May 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Union Arbitrage Fund - Direct Plan - Growth Option averaged 5.93% (best 6.34%, worst 5.61%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.61 — negative risk-adjusted performance.

In calendar year 2025, Union Arbitrage Fund - Direct Plan - Growth Option returned 6.61% — lagging the Arbitrage Fund category average of 6.83% by 0.23 pp. It ranked #24 of 30 in its category that year.

Union Arbitrage Fund - Direct Plan - Growth Option is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. Union Arbitrage Fund - Direct Plan - Growth Option is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 6.30%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Union Arbitrage Fund - Direct Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Arbitrage Fund

Recent NAVs

Frequently asked questions

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