Union Children's Fund
This is the Direct plan of Union Children's Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
Performance
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Children’s Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -5.88% | — | — |
| 3M abs | -4.02% | — | — |
| 6M abs | +8.86% | — | — |
| 1Y CAGR | -0.55% | — | — |
| 3Y CAGR | — | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in Children’s Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Union Children's Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -3.07% | -7.18% | +4.11% | |
| 2025 | +6.53% | +7.94% | -1.41% | |
| 2024 | +21.29% | +16.43% | +4.86% | |
| 2023part | +1.30% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity96.60%
- Cash & Equivalents3.34%
- Debt0.06%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹84.35Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Union Mutual Fund is sponsored by Union Bank of India, and was branded Union KBC until its Belgian joint-venture partner exited. It runs a small equity, hybrid and debt line-up.
Fund Managers
VMVinod MalviyaManaging since 01 Nov 2024
Co - Fund Manager
Bachelor of Management Studies, M aster’s in Financial Management, CFA (USA) – Level III cleared
Over 16 years of experience in the Financial markets as an Analyst. Designated as Fund Manager - Equity with effect from December 09, 2024. Appointed as Co-Fund Manager with effect from January 25, 2023. February 2020 – January 24, 2023 with Union Asset Management Company Pvt. Ltd. as Research Analyst - Equity. July 2014 to January 2020 with Florintree Advisors Private Limited as Union Children’s Principal. August 2012 to June 2014 with East India Securities Limited as Research Analyst. September 2008 to July 2012 with Amit Nalin Securities Private Limited as Research Analyst
- Union Aggressive Hybrid Fund (Formerly Union Hybrid Equity Fund)
- Union Consumption Fund
- Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund
- Union Flexi Cap Fund
- Union Focused Fund
- Union Gold ETF
- Union Gold ETF Fund of Fund
- Union Large & Midcap Fund
- Union Multi Asset Allocation Fund
- Union Value Fund
- Union Retirement Fund - Direct Plan - Growth Option
GCGaurav ChopraManaging since 01 Nov 2024
Co - Fund Manager
B.Com, Chartered Accountant and CFA (USA) – Level III Appointed cleared
Over 10 years of experience in the equity markets. Appointed as Co-Fund Manager with effect from January 25, 2023. June 2020 – January 24, 2023 with Union Asset Management Company Pvt. Ltd as Research Analyst - Equity. November 2015 to May 2020 with Centrum Portfolio Union Management Services Centrum Broking Limited as Research Analyst. March 2015 to October 2015 with Barclays Wealth Trustees (India) Private Limited as Trust Analysts. September 2011 to September 2014 with Sharp & Tanan Associates as Audit Assurance Assistant.
PAParijat AgrawalStart date not disclosed
Head - Fixed Income
Bachelor of Engineering (Electronics & Communications), PGDM (IIM Bangalore)
Industry Experience: Over 29 years of experience in Funds Management. September 2010 till date with Union Dynamic Bond - Union Asset Management Company Private Limited as Head - Fixed Income with overall responsibilities of Portfolio Fund, Management of Fixed Income and Hybrid Funds. October 2006 till July 2010 with SBI Mutual Fund as Head Fixed Income with responsibilities of Portfolio Management of Fixed Income and Hybrid Funds. November 2004 till September 2006 with State Bank of Mauritius Limited with responsibilities of managing the entire Treasury functions of the Bank. December 1999 till May 2004 with SUN F&C Asset Management as Fund Manager responsible for Portfolio Management of Fixed Income and Hybrid Funds.
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Union in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Union Mutual Fund Says: When It Comes to Investing, Don’t Just Take a ‘Tukka’
IMPACT Magazine · 4d ago
‘Tukka Nahi ,Tareeka Chahiye’ now has a tune: Union Mutual Fund adds a jingle to its investor awareness campaign
Adgully.com · 4d ago
‘Tukka Nahi, Tareeka Chahiye’ now has a tune: Union Mutual Fund adds a jingle to its investor awareness campaign
passionateinmarketing.com · 4d ago
Union Dynamic Term Fund - Regular Plan Portfolio
The Economic Times · 4d ago
Union Short Term Fund - Direct Plan Fund info
The Economic Times · 4d ago
Union Dynamic Term Fund - Regular Plan Fund info
The Economic Times · 4d ago
Union Short Term Fund(Ex)-IDCW Daily
The Economic Times · 24d ago
Union Short Term Fund(Ex)-IDCW Daily
The Economic Times · 24d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
Frequently asked questions
What is the NAV of Union Children's Fund?
As of 01 Oct 2026, the NAV of Union Children's Fund is ₹12.65 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Union Children's Fund delivered?
Union Children's Fund has returned -0.55% over 1 year and +8.94% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Union Children's Fund?
Union Children's Fund charges an expense ratio of 1.45% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Union Children's Fund?
Union Children's Fund's largest holdings are Axis Bank Ltd. (4.1%), ICICI Bank Ltd. (3.6%), HDFC Bank Ltd. (3.4%), Reliance Industries Ltd. (2.9%) and One 97 Communications Ltd. (2.6%). Holdings are disclosed monthly and change over time.
How risky is Union Children's Fund?
Union Children's Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.7% and its worst peak-to-trough fall in our sample was -17.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Union Children's Fund?
Union Children's Fund is benchmarked against the BSE 500 Index (TRI). Its alpha and beta on this page are measured against that index.
Who manages Union Children's Fund?
Union Children's Fund is managed by Vinod Malviya, Gaurav Chopra and Parijat Agrawal at Union.
How is Union Children's Fund taxed?
Union Children's Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.