Union Innovation & Opportunities Fund Direct-Growth
Equity: Thematic-Innovation - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Thematic-InnovationBenchmark: NIFTY 500 Total Return Index
NAV: ₹16.04-0.43%
16 Jul 2026
Rolling Returns Analysis
Rolling annualized returns of Union Innovation & Opportunities 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 | 24 Sep, 2024 - 16 Jul, 2026 | - | - | - |
| Average returns | 14.88% | - | - | - |
| Standard deviation | 15.20% | - | - | - |
| Best returns | 51.93% 1 year ending on 16 Oct, 2024 | - | - | - |
| Worst returns | -5.60% 1 year ending on 17 Dec, 2025 | - | - | - |
| Period with positive return | 91.26% | - | - | - |
| Period with return > 5% | 79.15% | - | - | - |
| Period with return > 10% | 47.31% | - | - | - |
| Period with return > 15% | 30.04% | - | - | - |
| Beat % Category | 70.18% | - | - | - |
| Beat % Benchmark | 80.27% | - | - | - |
Trailing Returns
Point-to-point returns of Union Innovation & Opportunities Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
0%
5%
10%
9.1%
6.8%
-2.1%
YTD
6.5%
5.3%
1.2%
1 M
13.4%
9.8%
-0.6%
6 M
11.6%
7.9%
-0.1%
1 Y
12.3%
3 Y
12.2%
5 Y
13.7%
10 Y
Fund
Equity: Thematic-Innovation
NIFTY 500 Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | 9.12% | 6.51% | 13.36% | 11.62% | - | - | - | 17.96% |
| Equity: Thematic-Innovation | 6.84% | 5.31% | 9.77% | 7.86% | - | - | - | - |
| NIFTY 500 Total Return Index | -2.15% | 1.23% | -0.57% | -0.07% | 12.33% | 12.19% | 13.67% | - |
| Rank in category | 4 | 4 | 3 | 3 | - | - | - | - |
| Funds in category | 9 | 10 | 9 | 8 | 0 | 0 | 0 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Union Innovation & Opportunities Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Union Innovation & Opportunities 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 Innovation & Opportunities Fund Direct-Growth?
Union Innovation & Opportunities Fund Direct-Growth has delivered a 1-year return of 11.62% as of 16 Jul 2026. During the same period, its benchmark NIFTY 500 Total Return Index returned -0.07%. The fund has outperformed its benchmark over this period.
What are the 3-year returns of Union Innovation & Opportunities Fund Direct-Growth?
The 3-year CAGR for Union Innovation & Opportunities Fund Direct-Growth is shown in the Trailing Returns section above.
What are the 5-year returns of Union Innovation & Opportunities Fund Direct-Growth?
The 5-year CAGR for Union Innovation & Opportunities Fund Direct-Growth is shown in the Trailing Returns section above.
What are the returns of Union Innovation & Opportunities Fund Direct-Growth since inception?
Since its launch on 12 Sep 2023, Union Innovation & Opportunities Fund Direct-Growth has delivered a CAGR of 17.96%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Union Innovation & Opportunities Fund Direct-Growth performed vs its category over the long term?
Category rank for Union Innovation & Opportunities Fund Direct-Growth on a 3-year and 5-year basis is shown in the Trailing Returns section above.
What is the Sharpe ratio of Union Innovation & Opportunities Fund Direct-Growth?
The Sharpe ratio of Union Innovation & Opportunities Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.
What is the alpha of Union Innovation & Opportunities Fund Direct-Growth?
The alpha of Union Innovation & Opportunities Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.
What is the beta of Union Innovation & Opportunities Fund Direct-Growth?
The beta of Union Innovation & Opportunities Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.
What are the rolling returns of Union Innovation & Opportunities Fund Direct-Growth?
The average 1-year and 3-year rolling returns of Union Innovation & Opportunities Fund Direct-Growth is 14.88% and - 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.