Union Gold ETF Fund of Fund Direct Growth NAV today
AMFI: 153340ISIN: INF582M01LA0MUTF_IN: UNIO_GOLD_ETF_U9QNMYUnion Mutual FundFund of Funds
NAV ₹16.0200down ₹0.06 (0.36%)
NAV for 27 Oct 2026, against 26 Oct 2026. Declared once a day.
Other plans: Regular Growth ₹15.9485, −0.36% · Direct IDCW ₹16.0200 · Regular IDCW ₹15.9485
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹174 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 0.32%25 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought. Exit load in the glossary
- 1%if sold within 1 year
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 130 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer. Launch date in the glossary
- 28 Feb 2025
Union Gold ETF Fund of Fund returns
Direct Growth plan
Over each window to 27 Oct 2026
| Over | Direct GrowthTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out | Regular Growth | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. Rank in category in the glossary | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. Category median in the glossary | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. Middle half of the category in the glossary |
|---|---|---|---|---|---|---|
| 1 week | −3.62% | −3.63% | – | – | – | – |
| 1 month | −6.91% | −6.93% | – | 27 of 49 | −6.90% | −7.0% to −6.8% |
| 3 months | −2.44% | −2.51% | – | 33 of 48 | −2.22% | −2.5% to −2.2% |
| 6 months | −6.70% | −6.83% | – | 24 of 47 | −6.70% | −6.9% to −6.6% |
| 1 year | +16.92% | +16.59% | +28.94%to 30 Sep 2026 | 1 of 37 | +15.54% | +15.4% to +15.7% |
| 3 years | Needs 3 years | – | – | – | +30.83% | +30.6% to +31.1% |
| 5 years | Needs 5 years | – | – | – | +22.91% | +22.8% to +23.1% |
| 10 years | Needs 10 years | – | – | – | +15.29% | +15.2% to +15.5% |
₹10,000 put in on 4 Mar 2025 is ₹15,678 at the NAV of 27 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate. Benchmark: Gold Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of funds tracking Gold, each fund's return to its latest NAV on or before 27 Oct 2026.
At the month end, 30 Sep 2026
| Over | Fund | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. Benchmark return in the glossary |
|---|---|---|
| 1 year | +26.70% | +28.94% |
| Since launch | +39.00% | +42.06% |
Benchmark: Gold Index. Both as the fund house states them for the month.
Return in each year to March
- Fund, Direct GrowthReturn in the year to March. The change in NAV from the last NAV on or before 31 March of one year to the last NAV on or before 31 March of the next. Return in the year to March in the glossary
Union Gold ETF Fund of Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 27 Oct 2026SIP calculator
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. Amount invested in the glossary | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. Value today in the glossary | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. SIP return (XIRR) in the glossary | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. SIP return after stamp duty in the glossary | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. Stamp duty paid in the glossary |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,17,327₹1,17,321 after stamp duty | −4.19% | −4.20% | ₹6 | |
| Since Mar 202519 instalments | ₹1,90,000 | ₹2,14,646₹2,14,635 after stamp duty | +15.72% | +15.71% | ₹10 |
3 years: Launched 28 Feb 2025, needs 3 years of history.
A SIP that rises every year: Step-up SIP calculator
Union Gold ETF Fund of Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 0.24 ptsA year, on 25 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 0.32%Over the last 30 days filed
- Regular, 30-day average
- 0.57%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.34%, Sep 2025.Direct plan lowest 0.22%, Feb 2025.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.27% | 0.48% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.05% | 0.08% |
Per cent of assets a year, filed for 25 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units
Buying and selling
- Lump-sum purchases
- Not accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹1,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1,000
- SIP
- Not accepted
- SIP instalments, at least
- 6 instalments for all frequencies
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
- SIP minimum
- Rs. 100 for daily frequency, Rs. 500 for weekly, fortnightly and monthly frequency
- SIP dates
- Daily (only business days) for daily frequency and any date of the month for weekly, fortnightly and monthly frequency
As listed for this plan on 28 Oct 2026.
Union Gold ETF Fund of Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹166 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 14.9%Of the quarter's average
- Less the house's funds of fundsAverage assets, excluding the house's funds of funds. The quarter's average assets less the money the same fund house's funds of funds hold in this fund, so that money is not counted twice. Average assets, excluding the house's funds of funds in the glossary
- ₹0.00 CrQuarter to Sep 2026
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Mar 2025.
Assets at each month end
The latest month end is the highest since Apr 2025.Lowest ₹62 Cr, Apr 2025.
Union Gold ETF Fund of Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. Held since in the glossary | |||
|---|---|---|---|---|
| Union Gold ETFCapital Markets | 99.37% | 172.54 | 1,19,40,588 | Feb 2025or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| TREPS | 1.99% | 3.46 |
| Net Receivable / Payable | −1.36% | −2.36 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Units of other funds99.37%
- Cash and receivables0.63%
Per cent of the fund's net assets.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 0
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 1
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 0
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 0.12%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| Union Gold ETF | Added | 99.37% | 99.25% | +0.12 pts | +6,07,556 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Union Gold ETF | 97.83%Added | 98.77%Added | 98.94%Added | 96.68%Added | 99.12%Added | 100.25%Added | 99.01%Cut | 99.22%Cut | 98.33% | 99.04%Added | 99.25%Added | 99.37%Added |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Risk ratios
NAV to 27 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of funds tracking Gold (37 funds) over the same 1 year; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves. Standard deviation in the glossary25.82%
24.94%Lowest28.84%Average30.62%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure. Downside deviation in the glossary14.36%
13.39%Lowest14.19%Average15.22%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV. Sharpe ratio in the glossary0.84
0.71Lowest0.78Average0.87Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down. Sortino ratio in the glossary1.43
1.37Lowest1.50Average1.62Highest
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| 1 year and since Mar 2025 | −24.57% | 29 Jan 2026 | 23 Mar 2026 | Not yet |
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Mar 2025 to Aug 202618 months | High | HighGold Index |
| Feb 20251 month | High | Domestic price of physical gold |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Union Gold ETF Fund of Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. Return in the manager's time in the glossary | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. Portfolio changed after the handover in the glossary | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. Portfolio changed before the handover in the glossary | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. Assets the manager runs in the glossary | ||
|---|---|---|---|---|---|---|---|---|
| Vinod MalviyaFM-Primary | Feb 2025 | +31.69%a year | – | – | 0.0% | – | 11 | ₹7,506 Cr₹465 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | |||||
|---|---|---|---|---|---|
| Union Flexi Cap FundVinod Malviya | Nov 2024 | +1.00%a year | – | – | ₹2,320 Cr |
| Union Multi Asset Allocation FundVinod Malviya | Nov 2024 | +9.08%a year | – | – | ₹989 Cr |
| Union Large & Midcap FundVinod Malviya | May 2024 | +5.32%a year | +2.99% | +2.33 pts | ₹969 Cr |
| Union ELSS Tax Saver FundVinod Malviya | Nov 2024 | −0.86%a year | – | – | ₹821 Cr |
| Union Aggressive Hybrid FundVinod Malviya | Nov 2024 | +2.39%a year | – | – | ₹727 Cr |
| Union Focused FundVinod Malviya | Nov 2024 | +3.31%a year | – | – | ₹433 Cr |
| Union Value FundVinod Malviya | Nov 2024 | −0.89%a year | – | – | ₹378 Cr |
| Union Consumption FundVinod Malviya | Dec 2025 | −6.30%over 304 days | −11.03% | +4.73 pts | ₹314 Cr |
| Union Gold ETFVinod Malviya | Feb 2025 | +32.45%a year | – | – | ₹291 Cr |
| Union Children's FundVinod Malviya | Nov 2024 | +0.67%a year | – | – | ₹91 Cr |
The ten largest by assets, by manager. Returns are the direct plan's.
Changes to the fund
Newest first.
2026
- 17 OctTermsNew purchases: accepted to not accepted
- 17 OctTermsSIP instalments: accepted to not accepted
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2025
- 30 AprBenchmarkBenchmark: Domestic price of physical gold to Gold Index
Fund details
Objective
The investment objective of the Scheme is to generate long-term capital appreciation by investing in units of Union Gold ETF.However, there is no assurance that the investment objective of the Scheme will be achieved.
Asset allocation
- Units of Union Gold ETF-95%-100% of Net Asset, Debt and Money Market Instruments including units of debt oriented mutual fund schemes-0%-5% of Net Asset. Please refer the Scheme Information Document for more details.
Type of scheme
An open-ended Fund of Fund Scheme investing in units of Union Gold ETF
- Stated category
- Others – Fund Of Funds
- Benchmark
- Domestic Price of Physical Gold
- Risk level at launch
- High Risk
- New fund offer
- 10 Feb 2025 to 24 Feb 2025
- Units first allotted
- 28 Feb 2025
- Open for sale again
- 4 Mar 2025
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹1,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 153340 | INF582M01LA0 | UNIO_GOLD_ETF_U9QNMY | 4 Mar 2025 | |
| Regular Growth | 153338 | INF582M01KT2 | UNIO_GOLD_ETF_6WA81R | 4 Mar 2025 | |
| Direct IDCW | 153339 | INF582M01KW6 | INF582M01KX4 | UNIO_GOLD_ETF_SV2JK0 | 4 Mar 2025 |
| Regular IDCW | 153341 | INF582M01KU0 | INF582M01KV8 | UNIO_GOLD_ETF_ZRK90W | 4 Mar 2025 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- September 2026Union Mutual Fund, Sep 2026
Statement of additional information
- SAI Union Mutual FundUnion Mutual Fund, Oct 2026
Annual report
- Debt including Fixed Maturity Plan (FMP) Abridged Report - Annual Report - FY 2025-26Union Mutual Fund, Mar 2026
- Equity/Hybrid/ETF/FOF Abridged Report -Annual Report - FY 2025-26Union Mutual Fund, Mar 2026
- Annual Report - FY 2025-26Union Mutual Fund, Mar 2026
Riskometer disclosure
- Disclosure Of Risk-O-Meter Levels FY 2025-26Union Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - 30Sep2026Union Mutual Fund, Sep 2026