Primarily market-linked growth exposure
The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum – based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will be selected, weighted and rebalanced using proprietary screens. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Equity and Equity related Instruments related to momentum theme* : 80% - 100% of total assets, Money Market Instruments, Other Liquid Instruments and other assets as permitted by SEBI: 0%-20% of total assets, Units issued by InvITs: 0% - 10% of total assets. *Our proprietary momentum model identifies certain price patterns in the historical price performance from the defined universe to shortlist stocks. Furthermore, volatility of returns, relative strength and liquidity conditions are also considered to rank stocks in the order of preference. Please refer the Scheme Information Document for more details.
- SEBI category
- Equity Scheme – Thematic Fund
- Fund type
- An open-ended equity scheme investing in momentum theme
- Primary benchmark
- Nifty 500 Index (TRI) Benchmark Discalimer: The Product(s) are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited ("IISL")). NSE INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the NIFTY 500 Index to track general stock market performance in India. The relationship of NSE INDICES LIMITED to the Issuer is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NSE INDICES LIMITED without regard to the Issuer or the Product(s). NSE INDICES LIMITED does not have any obligation to take the needs of the Issuer or the owners of the Product(s) into consideration in determining, composing or calculating the NIFTY 500 Index. NSE INDICES LIMITED is not responsible for or has participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. NSE INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Product(s). NSE INDICES LIMITED do not guarantee the accuracy and/or the completeness of the NIFTY 500 Index or any data included therein and NSE INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein. NSE INDICES LIMITED does not make any warranty, express or implied, as to results to be obtained by the Issuer, owners of the product(s), or any other person or entity from the use of the NIFTY 500 Index or any data included therein. NSE INDICES LIMITED makes no express or implied warranties, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, NSE INDICES LIMITED expressly disclaim any and all liability for any claims,damages or losses arising out of or related to the Products, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Gaurav Chopra · Mr. Sanjay Bembalkar
- Manager tenure on this scheme
- Mr. Gaurav Chopra — since since 19-12-2024 · Mr. Sanjay Bembalkar — since since 19-12-2024
- Role / co-management
- Mr. Gaurav Chopra — Co-manage · Mr. Sanjay Bembalkar — Co-manage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Union Active Momentum Fund - Direct Plan - Growth Option | ₹10.2500 | 04 Sep 2026 |
| Union Active Momentum Fund - Direct Plan - IDCW Option | ₹10.2500 | 04 Sep 2026 |
| Union Active Momentum Fund - Regular Plan - Growth Option | ₹10.0200 | 04 Sep 2026 |
| Union Active Momentum Fund - Regular Plan - IDCW Option | ₹10.0200 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 3.87%, Direct 2.50%
- Exit load
- 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.
- Minimum application
- 1000 · multiples of 1
- SIP frequency
- SIP - Daily, Weekly, Fortnightly and Monthly, SWP - Daily, Monthly, Quarterly, Half Yearly and Yearly, STP - Daily, Weekly, Fortnightly, Monthly, Quarterly and Half Yearly
- Minimum SIP amount
- SIP - Rs. 100 for daily frequency, Rs. 500 for weekly, fortnightly and monthly frequency, SWP - Rs. 500 for all frequencies , STP - Rs. 100 for all frequencies
- Minimum instalments
- SIP - 6 instalments for all frequencies, SWP - 6 instalments for all frequencies, STP - 6 instalments for all frequencies
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.