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union gold etfgrowth
Union Mutual Fund

Union Gold ETF-Growth

Commodities: Gold - Growth (Open ended)
SEBI Riskometer: HighCategory: Commodities: GoldBenchmark: Domestic Price of GoldCheck Portfolio Overlap →
₹150.5-0.47%
22 Sept 2026

Price & Volume

Note: Live price is not available for this ETF. Showing closing price. For historical calculations, prices are adjusted for splits. Percentage change shown is absolute irrespective of the period.
1 Week returns: 1.11 %
Category rank: 30/45
1 Month returns: -4.86 %
Category rank: 16/45
1 Year CAGR: 34.40 %
Category rank: 17/38
3 Years CAGR: -
Category rank: -
5 Years CAGR: -
Category rank: -
AUM
296.75
Expense Ratio
0.49
Inception
1740009.00
Max Drawdown
-0.22
21D Volatility
0.38
Tracking Error
0.78
Tracking Diff 1Y
-2.34
Tracking Diff 3Y
-
Tracking Diff 5Y
-
Return 1Y
34.40
Return 3Y
-
Return 5Y
-

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Not enough talking points with positive stance
Negative
Relatively high tracking error

Tracking error of the ETF is higher than average tracking error of other Index funds/ETFs (0.68%) tracking Domestic Price of Gold

This measures the relative tracking error of the Index fund/ETF with respect to average tracking error all index funds/ETFs tracking the same benchmark.

What is Tracking Error?

Very high tracking difference

Tracking difference of the ETF (2.34%) is high

This measures the difference in returns (last 1 year) between the Index fund/ETF and its respective benchmark. Lower absolute tracking difference is better

What is Tracking Difference (1Y)?

Relatively high tracking difference

Tracking difference of the ETF is higher than average tracking difference of other Index funds/ETFs (1.63%) tracking Domestic Price of Gold

This measures the relative tracking difference of the Index fund/ETF with respect to average tracking difference all index funds/ETFs tracking the same benchmark.

What is Tracking Difference (1Y)?

Neutral
Not enough performance data

Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis

Relatively in line expense ratio

Expense ratio of the ETF (0.49%) is in line with average expense ratio of other Index funds/ETFs (0.49%) tracking Domestic Price of Gold

This measures the relative expense of the index fund/ETF with respect to average expense ratio all index funds/ETFs tracking the same benchmark. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Moderate tracking error

Tracking error of the ETF (0.78%) is in a reasonable range

This is a measure of how well an Index fund/ETF has been able to replicate the performance of the benchmark its tracking. As a passive investor, lower tracking error is always better

What is Tracking Error?

ETF's average daily traded value is moderate

This ETF's average 21-day turnover is moderate Rs 0.0 cr. Transaction in this ETF could have high impact cost.

This is measured as average daily traded value (over last 21 trading days) on NSE and BSE combined (as applicable). Lower volume could imply low liquidity which could increase the transaction cost when buying/selling the ETF

What is Turnover (1M)?

Scheme Overview

The scheme seeks to generate returns corresponding to the domestic prices of physical gold before expenses, by investing in physical gold, subject to tracking error.

Scheme Category Overview →

Plan Variants

No variants available.

Fund Managers

Vinod Malviya
Since: 10 Feb 2025
View details

Key Scheme Details

Inception
19 Feb 2025
Expense Ratio
0.49%
AUM
₹296.75 Cr
Lock in
No lock in
Taxation
Others
Min. Investment
₹1,000
Min. Addl Investment
-
Min. SIP Investment
-
Exit load
-

AMC Overview

Union Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Aug 31, 2026
Total AUM: ₹ 28,967 Cr
Equity
₹ 14,921 Cr
Debt
₹ 10,377 Cr
Hybrid
₹ 3,373 Cr
Commodities
₹ 297 Cr
Dec 31, 2021Jan 31, 2022Feb 28, 2022Mar 31, 2022Apr 30, 2022May 31, 2022Jun 30, 2022Jul 31, 2022Aug 31, 2022Sep 30, 2022Oct 31, 2022Nov 30, 2022Dec 31, 2022Jan 31, 2023Feb 28, 2023Mar 31, 2023Apr 30, 2023May 31, 2023Jun 30, 2023Jul 31, 2023Aug 31, 2023Sep 30, 2023Oct 31, 2023Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Jul 31, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026Jul 31, 2026Aug 31, 2026
equity3,299 Cr3,292 Cr3,237 Cr3,483 Cr3,543 Cr3,524 Cr3,518 Cr4,161 Cr4,447 Cr4,571 Cr4,801 Cr4,458 Cr4,785 Cr4,719 Cr4,751 Cr4,783 Cr5,035 Cr5,302 Cr5,584 Cr5,903 Cr6,086 Cr6,708 Cr6,716 Cr7,316 Cr7,712 Cr8,054 Cr8,241 Cr8,687 Cr9,171 Cr9,327 Cr10,129 Cr10,513 Cr11,001 Cr11,246 Cr10,815 Cr11,030 Cr11,632 Cr10,797 Cr9,902 Cr10,763 Cr11,042 Cr11,606 Cr12,141 Cr11,997 Cr11,905 Cr12,242 Cr12,729 Cr12,719 Cr12,916 Cr12,518 Cr12,784 Cr11,505 Cr12,947 Cr13,246 Cr13,860 Cr14,182 Cr14,921 Cr
hybrid2,617 Cr2,618 Cr2,605 Cr2,658 Cr2,646 Cr2,624 Cr2,649 Cr2,763 Cr2,752 Cr2,702 Cr2,731 Cr2,707 Cr2,569 Cr2,507 Cr2,478 Cr2,448 Cr2,462 Cr2,478 Cr2,503 Cr2,522 Cr2,454 Cr2,464 Cr2,411 Cr2,487 Cr2,622 Cr2,640 Cr2,651 Cr2,635 Cr2,663 Cr2,682 Cr2,782 Cr2,788 Cr2,585 Cr3,449 Cr3,333 Cr3,336 Cr3,287 Cr3,195 Cr3,047 Cr3,216 Cr3,250 Cr3,221 Cr3,337 Cr3,266 Cr3,233 Cr3,213 Cr3,297 Cr3,291 Cr3,290 Cr3,326 Cr3,391 Cr3,111 Cr3,293 Cr3,273 Cr3,339 Cr3,339 Cr3,373 Cr
debt2,436 Cr2,379 Cr1,896 Cr1,693 Cr1,984 Cr1,951 Cr2,053 Cr2,158 Cr2,553 Cr2,152 Cr2,380 Cr2,576 Cr2,490 Cr2,763 Cr2,767 Cr2,431 Cr2,668 Cr3,356 Cr3,265 Cr3,822 Cr4,293 Cr3,741 Cr4,229 Cr3,837 Cr3,295 Cr3,752 Cr3,915 Cr3,242 Cr3,592 Cr4,188 Cr3,966 Cr5,502 Cr6,170 Cr4,496 Cr6,514 Cr5,285 Cr4,865 Cr6,314 Cr6,539 Cr4,722 Cr6,420 Cr6,114 Cr4,927 Cr7,228 Cr8,470 Cr7,290 Cr9,164 Cr10,339 Cr8,352 Cr10,038 Cr10,639 Cr8,511 Cr10,808 Cr11,893 Cr9,101 Cr10,137 Cr10,377 Cr
commodities--------------------------------------61 Cr136 Cr139 Cr145 Cr137 Cr141 Cr148 Cr163 Cr182 Cr192 Cr201 Cr261 Cr264 Cr312 Cr315 Cr328 Cr279 Cr272 Cr297 Cr
Total8,353 Cr8,289 Cr7,738 Cr7,834 Cr8,173 Cr8,099 Cr8,220 Cr9,083 Cr9,752 Cr9,425 Cr9,912 Cr9,741 Cr9,844 Cr9,989 Cr9,996 Cr9,662 Cr10,165 Cr11,136 Cr11,352 Cr12,247 Cr12,833 Cr12,913 Cr13,356 Cr13,640 Cr13,630 Cr14,447 Cr14,808 Cr14,564 Cr15,426 Cr16,197 Cr16,877 Cr18,804 Cr19,756 Cr19,191 Cr20,662 Cr19,651 Cr19,784 Cr20,306 Cr19,549 Cr18,837 Cr20,851 Cr21,086 Cr20,541 Cr22,632 Cr23,755 Cr22,908 Cr25,372 Cr26,541 Cr24,759 Cr26,143 Cr27,079 Cr23,439 Cr27,363 Cr28,740 Cr26,579 Cr27,930 Cr28,967 Cr

AMC Details

AMC
Union Mutual Fund
CEO
Rajkamal Tiwari(Chief Executive Officer)
CIO
Harshad Patwardhan(Chief Investment Officer)
Trustee
Union Trustee Company Pvt.Ltd.
Address
Unit 503, 5th Floor,, Leela Business Park, Andheri Kurla Road,, Andheri (East), Mumbai

Frequently Asked Questions

What is the current price of Union Gold ETF-Growth?
The current price of Union Gold ETF-Growth is ₹147.85 as of 21 Sep 2026. The price of an ETF reflects its live trading value on the exchange and moves throughout the day based on demand and the underlying index.
What is the AUM of Union Gold ETF-Growth?
The AUM (Assets Under Management) of Union Gold ETF-Growth is ₹296.75 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Union Gold ETF-Growth?
The expense ratio of Union Gold ETF-Growth is 0.49% per annum. This is the annual fee charged by the ETF to manage your investment. A lower expense ratio means more of your returns stay with you — ETFs typically carry very low expense ratios since they passively track an index.
Who is the fund manager of Union Gold ETF-Growth?
Union Gold ETF-Growth is managed by Vinod Malviya. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Union Gold ETF-Growth?
The benchmark of Union Gold ETF-Growth is Domestic Price of Gold. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Union Gold ETF-Growth launched?
Union Gold ETF-Growth was launched on 19 Feb 2025. The fund has been in existence for 1 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Union Gold ETF-Growth?
Union Gold ETF-Growth is an ETF, so there is no minimum lumpsum or SIP amount set by the fund house — you can invest by buying as little as a single unit on the exchange at the current market price of ₹147.85. Some brokers also offer ETF SIPs, letting you invest a fixed amount regularly without needing a large upfront amount.
What category does Union Gold ETF-Growth belong to?
Union Gold ETF-Growth belongs to the Commodities: Gold category. You can explore other ETFs in this category using the ETF Screener.