Should I invest in Union Innovation & Opportunities Fund?

We don't give personal investment advice. Union Innovation & Opportunities Fund - Direct Plan - IDCW Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

Union

Union Innovation & Opportunities Fund - Direct Plan - IDCW Option

Latest NAV

₹16.0300

As of

17 Jul 2026

697 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	-0.06%	-0.04%	-0.03	139 / 249	Q3
1W	+0.00%	-0.15%	+0.15	98 / 249	Q2
2W	+1.97%	-0.61%	+2.58	20 / 251	Q1
1M	+5.46%	+1.14%	+4.32	23 / 251	Q1
3M	+13.13%	+3.90%	+9.23	22 / 251	Q1
6M	+13.29%	+2.59%	+10.70	33 / 243	Q1
YTD	+8.60%	+0.68%	+7.92	44 / 241	Q1
1Y	+11.47%	+2.39%	+9.08	40 / 229	Q1
2Y	+9.21%	+0.44%	+8.77	24 / 186	Q1
3Y	+17.27%	+11.53%	+5.74	38 / 151	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+18.30%	+10.06%	+8.24	29 / 251	Q1

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	+8.60%	+1.51%	+7.09	44 / 237
2025	-3.29%	+1.49%	-4.78	144 / 204
2024	+42.90%	+20.10%	+22.80	7 / 158
2023	—	—	—	—

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

+15.35%

23 windows

min -4.3% · max 50.4%

96% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

—

Insufficient history

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - IDCW Option - Direct Plan	HDFC	₹17.4480	17 Jul 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹30.5463	17 Jul 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹12.5864	17 Jul 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹70.0600	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹14.5200	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹22.0968	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹32.1000	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.5239	17 Jul 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.6426	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹16.0300
16 Jul 2026	₹16.0400
15 Jul 2026	₹16.1100
14 Jul 2026	₹15.9300
13 Jul 2026	₹16.0300
10 Jul 2026	₹16.0300
9 Jul 2026	₹15.8500
8 Jul 2026	₹15.5900
7 Jul 2026	₹15.7400
6 Jul 2026	₹15.8000

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 17 Jul 2026, the NAV of Union Innovation & Opportunities Fund - Direct Plan - IDCW Option is ₹16.0300. It's a Sectoral/Thematic Fund from Union, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Union Innovation & Opportunities Fund - Direct Plan - IDCW Option has NAV history starting from 13 Sep 2023, a track record of about 2 years 10 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Union Innovation & Opportunities Fund - Direct Plan - IDCW Option is managed by Union. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Union Innovation & Opportunities Fund - Direct Plan - IDCW Option has delivered a absolute return of 11.47% — +9.08 pp ahead of the Sectoral/Thematic Fund category average of 2.39%. The fund ranks #40 of 229 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Union Innovation & Opportunities Fund - Direct Plan - IDCW Option has delivered a CAGR of 17.27% — +5.74 pp ahead of the Sectoral/Thematic Fund category average of 11.53%. The fund ranks #38 of 151 in its category — the second (Q2) quartile.

Union Innovation & Opportunities Fund - Direct Plan - IDCW Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Union Innovation & Opportunities Fund - Direct Plan - IDCW Option exactly 3 years ago would be worth approximately ₹161,268 today — a multiplier of 1.61×, based on the 3-year CAGR of 17.27%. The category average over the same window would have grown ₹1 lakh to ₹138,715.

A ₹10,000 monthly SIP in Union Innovation & Opportunities Fund - Direct Plan - IDCW Option over the last 1 year — total invested ₹120,000 — would be worth ₹132,942 today. That's an XIRR (money-weighted annualised return) of 20.57%.

Union Innovation & Opportunities Fund - Direct Plan - IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (1-year SIP), ₹10,000/month would have grown to ₹132,942 — XIRR 20.57%.

On a 3-year basis, Union Innovation & Opportunities Fund - Direct Plan - IDCW Option ranks #38 out of 151 funds in the Sectoral/Thematic Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 11.53%; this fund delivered 17.27%.

Union Innovation & Opportunities Fund - Direct Plan - IDCW Option doesn't have a computed drawdown figure yet.

Consistency stats for Union Innovation & Opportunities Fund - Direct Plan - IDCW Option need at least 3 years of NAVs to compute. They'll populate automatically once the fund has enough history.

In calendar year 2025, Union Innovation & Opportunities Fund - Direct Plan - IDCW Option returned -3.29% — lagging the Sectoral/Thematic Fund category average of 1.49% by 4.78 pp. It ranked #144 of 204 in its category that year.

Union Innovation & Opportunities Fund - Direct Plan - IDCW Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Union Innovation & Opportunities Fund - Direct Plan - IDCW Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding.

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

Union Innovation & Opportunities Fund - Direct Plan - IDCW Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Peers in Sectoral/Thematic Fund

Recent NAVs

Frequently asked questions

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