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performance

Union Arbitrage Fund Direct-Growth

Hybrid: Arbitrage - Growth (Open ended)

Union Arbitrage Fund Direct-GrowthNAV: 15.64 as on 06 Sep, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: LowCategory: Hybrid: ArbitrageBenchmark: NIFTY 50 Arbitrage Total Return Index Check Portfolio Overlap →

NAV: ₹15.64+0.19%

07 Sept 2026

Rolling Returns Analysis

Rolling annualized returns of Union Arbitrage Fund Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.

Metric	1 Yr Rolling Returns	3 Yr Rolling Returns	5 Yr Rolling Returns	7 Yr Rolling Returns
Analysis period	11 Mar, 2020 - 07 Sep, 2026	16 Mar, 2022 - 07 Sep, 2026	28 Mar, 2024 - 07 Sep, 2026	09 Apr, 2026 - 07 Sep, 2026
Average returns	6.11%	6.06%	6.07%	6.13%
Standard deviation	1.68%	1.22%	0.25%	0.03%
Best returns	8.84% 1 year ending on 04 Jun, 2024	7.69% 3 years ending on 29 Dec, 2025	6.67% 5 years ending on 03 Aug, 2026	6.21% 7 years ending on 03 Aug, 2026
Worst returns	3.12% 1 year ending on 01 Jun, 2021	4.29% 3 years ending on 29 Mar, 2023	5.73% 5 years ending on 28 May, 2024	6.06% 7 years ending on 04 Sep, 2026
Period with positive return	100.00%	100.00%	100.00%	100.00%
Period with return > 5%	64.13%	69.47%	100.00%	100.00%
Period with return > 10%	0.00%	0.00%	0.00%	0.00%
Period with return > 15%	0.00%	0.00%	0.00%	0.00%
Beat % Category	28.51%	0.00%	0.00%	0.00%
Beat % Benchmark	32.88%	0.00%	0.00%	0.00%

Trailing Returns

Point-to-point returns of Union Arbitrage Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.

-5%

10%

4.5%

-8.1%

YTD

0.5%

-3.2%

1 M

3.3%

3.2%

-1.9%

6 M

6.5%

6.6%

-5.0%

1 Y

7.3%

7.2%

7.7%

3 Y

6.5%

7.8%

5 Y

6.1%

11.7%

10 Y

Fund

Hybrid: Arbitrage

NIFTY 50 Arbitrage Total Return Index

Name	YTD	1 M	6 M	1 Y	3 Y	5 Y	10 Y	Since Inception
Fund	4.51%	0.54%	3.28%	6.52%	7.26%	6.50%	-	6.10%
Hybrid: Arbitrage	4.46%	0.49%	3.16%	6.56%	7.24%	6.53%	6.11%	-
NIFTY 50 Arbitrage Total Return Index	-8.14%	-3.18%	-1.95%	-4.99%	7.68%	7.77%	11.65%	-
Rank in category	19	9	10	20	19	18	-	-
Funds in category	36	39	36	33	25	24	15	-

Period Returns

Calendar-year, quarterly and monthly return history of Union Arbitrage Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.

Returns

Percentile rank

Annual

Quarterly

Monthly

Historical Performance

Track NAV movement and cumulative returns of Union Arbitrage Fund Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.

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Frequently Asked Questions

What are the 1-year returns of Union Arbitrage Fund Direct-Growth?

Union Arbitrage Fund Direct-Growth has delivered a 1-year return of 6.52% as of 6 Sep 2026. During the same period, its benchmark NIFTY 50 Arbitrage Total Return Index returned -4.99%. The fund has outperformed its benchmark over this period.

What are the 3-year returns of Union Arbitrage Fund Direct-Growth?

Union Arbitrage Fund Direct-Growth has delivered a 3-year CAGR of 7.26% as of 6 Sep 2026. Its benchmark NIFTY 50 Arbitrage Total Return Index returned 7.68% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.

What are the 5-year returns of Union Arbitrage Fund Direct-Growth?

Union Arbitrage Fund Direct-Growth has delivered a 5-year CAGR of 6.50% as of 6 Sep 2026. Its benchmark NIFTY 50 Arbitrage Total Return Index returned 7.77% CAGR over the same period. A 5-year track record is considered a more reliable indicator of fund quality than shorter-term performance, as it captures at least one full market cycle.

What are the returns of Union Arbitrage Fund Direct-Growth since inception?

Since its launch on 26 Feb 2019, Union Arbitrage Fund Direct-Growth has delivered a CAGR of 6.10%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.

How has Union Arbitrage Fund Direct-Growth performed vs its category over the long term?

Over the long term, Union Arbitrage Fund Direct-Growth has ranked 19 out of 25 funds in the Hybrid: Arbitrage category on a 3-year basis, and 18 out of 24 funds on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.

What is the Sharpe ratio of Union Arbitrage Fund Direct-Growth?

The Sharpe ratio of Union Arbitrage Fund Direct-Growth is 2.40 (as of 6 Sep 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.

What is the alpha of Union Arbitrage Fund Direct-Growth?

The alpha of Union Arbitrage Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.

What is the beta of Union Arbitrage Fund Direct-Growth?

The beta of Union Arbitrage Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.

What are the rolling returns of Union Arbitrage Fund Direct-Growth?

The average 1-year and 3-year rolling returns of Union Arbitrage Fund Direct-Growth is 6.11% and 6.06% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.

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Metric

1 Yr Rolling Returns

3 Yr Rolling Returns

5 Yr Rolling Returns

7 Yr Rolling Returns

Analysis period

11 Mar, 2020 - 07 Sep, 2026

16 Mar, 2022 - 07 Sep, 2026

28 Mar, 2024 - 07 Sep, 2026

09 Apr, 2026 - 07 Sep, 2026

Average returns

6.11%

6.06%

6.07%

6.13%

Standard deviation

1.68%

1.22%

0.25%

0.03%

Best returns

8.84%

1 year ending on 04 Jun, 2024

7.69%

3 years ending on 29 Dec, 2025

6.67%

5 years ending on 03 Aug, 2026

6.21%

7 years ending on 03 Aug, 2026

Worst returns

3.12%

1 year ending on 01 Jun, 2021

4.29%

3 years ending on 29 Mar, 2023

5.73%

5 years ending on 28 May, 2024

6.06%

7 years ending on 04 Sep, 2026

Period with positive return

100.00%

Period with return > 5%

64.13%

69.47%

100.00%

Period with return > 10%

0.00%

Period with return > 15%

0.00%

Beat % Category

28.51%

0.00%

Beat % Benchmark

32.88%

0.00%

Name

YTD

1 M

6 M

1 Y

3 Y

5 Y

10 Y

Since Inception

Fund

4.51%

0.54%

3.28%

6.52%

7.26%

6.50%

6.10%

Hybrid: Arbitrage

4.46%

0.49%

3.16%

6.56%

7.24%

6.53%

6.11%

NIFTY 50 Arbitrage Total Return Index

-8.14%

-3.18%

-1.95%

-4.99%

7.68%

7.77%

11.65%

Rank in category

Funds in category

Frequently Asked Questions

What are the 1-year returns of Union Arbitrage Fund Direct-Growth?

What are the 3-year returns of Union Arbitrage Fund Direct-Growth?

What are the 5-year returns of Union Arbitrage Fund Direct-Growth?

What are the returns of Union Arbitrage Fund Direct-Growth since inception?

How has Union Arbitrage Fund Direct-Growth performed vs its category over the long term?

What is the Sharpe ratio of Union Arbitrage Fund Direct-Growth?

What is the alpha of Union Arbitrage Fund Direct-Growth?

The alpha of Union Arbitrage Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.

What is the beta of Union Arbitrage Fund Direct-Growth?

The beta of Union Arbitrage Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.

What are the rolling returns of Union Arbitrage Fund Direct-Growth?

Union Arbitrage Fund Direct-Growth

Rolling Returns Analysis

Trailing Returns

Period Returns

Historical Performance

Compare performance with respect toAdd benchmark

Frequently Asked Questions

Rolling Returns Analysis

Trailing Returns

Period Returns

Historical Performance

Compare performance with respect toAdd benchmark

Frequently Asked Questions

Compare performance with respect to
Add benchmark

Compare performance with respect to
Add benchmark