Union Mutual Fund

Union Mutual Fund operates through Union Asset Management Company Private Limited, a SEBI-registered asset management company in India. The mutual fund was set up on 23 March 2011 and the AMC was incorporated on 30 December 2009. The fund house is sponsored by Union Bank of India and Dai-ichi Life Holdings, Inc., combining the presence of a major Indian public sector bank with a global financial services group.

1. Joint Sponsorship: Union Bank of India and Dai-ichi Life Holdings are co-sponsors, reflecting a blend of domestic banking experience and international financial services expertise.
2. Industry Evolution: The AMC initially had a partnership with a Belgium-based firm and operated under the name Union KBC Mutual Fund, but Union Bank later acquired full ownership, and Dai-ichi Life subsequently joined as a co-sponsor.
3. Governance: A trustee company oversees regulatory compliance and investor protection as required under Indian mutual fund regulations.
4. Investor Accessibility: The official website provides tools such as online account access, KYC processes, and statement downloads to support procedural aspects for investors.
5. Scheme Coverage: The fund house manages schemes across categories such as equity, debt, hybrid, and solution-oriented funds.

1. Wide Category Range: Union Mutual Fund’s schemes include around 25 funds spanning equity, debt, hybrid, and solution-oriented categories.
2. Plan Structures: Schemes typically offer both Direct and Regular plan options with different cost structures as reflected in official documentation.
3. Diverse Investment Types: Within equity funds, there are multicap, small-cap, and value-oriented funds among others.
4. Regulatory Disclosures: NAVs, scheme portfolio holdings, risk classifications, and statutory documents such as SIDs and factsheets are published on the official platform and downloadable sections.
5. Service Facilitation: The Investor Hub section on the official website enables transactions such as quick purchase, redemption, and viewing transaction status online.

1. Broad Scheme Access: With multiple scheme types across equity, debt, and hybrid structures, individuals can review various categories under a single fund house.
2. Structured Documentation: Scheme information documents, product dashboards, and portfolio factsheets are available through official download sections.
3. Online Services: Tools for account login, transaction status, and KYC completion support procedural access for investors.
4. Investor Support: Dedicated contact information and helpdesk support services are published on the official site.
5. Risk Classification: Risk indicators and benchmark information help describe relative risk profiles of schemes in publicly available factsheets.

Union Mutual Fund is a SEBI-registered mutual fund house managed by Union Asset Management Company Private Limited, co-sponsored by Union Bank of India and Dai-ichi Life Holdings. It was established in 2011 and offers a diversified suite of schemes across equity, debt, hybrid, and solution-oriented categories. The fund house publishes regulatory disclosures such as NAVs, portfolio holdings, and risk classifications on its official website. Investors can access online services for account login, transactions, and documentation downloads. As with all mutual funds, understanding a specific scheme’s structure and risk profile requires reviewing its official documents and disclosures.