Union Arbitrage Fund Overview
Category Arbitrage Fund
BMSMONEY Rank 15
BMSMONEY Rating
Gro. Opt. As On: 21-10-2024
NAV ₹13.44(R) +0.23% ₹13.85(D) +0.23%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.43% 5.91% 5.21% -% -%
LumpSum (D) 8.08% 6.54% 5.77% -% -%
SIP (R) -8.71% 5.07% 5.25% -% -%
SIP (D) -8.16% 5.69% 5.84% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-1.54 -0.44 0.57 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.71% 0.0% -0.05% - 0.55%
Top Arbitrage Fund
Fund Name Rank Rating
Invesco India Arbitrage Fund 1
Kotak Equity Arbitrage Fund 2
Edelweiss Arbitrage Fund 3
sbi arbitrage opportunities fund 4
Uti Arbitrage Fund 5

NAV Date: 21-10-2024

Scheme Name NAV Rupee Change Percent Change
Union Arbitrage Fund - Regular Plan - IDCW Option 13.12
0.0300
0.2300%
Union Arbitrage Fund - Regular Plan - Growth Option 13.44
0.0300
0.2300%
Union Arbitrage Fund - Direct Plan - IDCW Option 13.52
0.0300
0.2300%
Union Arbitrage Fund - Direct Plan - Growth Option 13.85
0.0300
0.2300%

Review Date: 21-10-2024

Union Arbitrage Fund has shown poor performance in the Arbitrage Fund category. The fund has rank of 15 out of 21 funds in the category. The fund has delivered return of 7.43% in 1 year, 5.91% in 3 years and 5.21% in 5 years. The category average for the same periods is 7.25%, 5.92% and 5.08% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 0.71. The category average for the same parameter is 0.65 The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Union Arbitrage Fund direct growth option would have grown to ₹10808.0 in 1 year, ₹12092.0 in 3 years and ₹13239.0 in 5 years as of today (21-10-2024).
  2. An SIP of ₹1,000 per month in Union Arbitrage Fund direct growth option would have grown to ₹11463.0 in 1 year, ₹39256.0 in 3 years and ₹69546.0 in 5 years as of today (21-10-2024).
  3. Sharpe ratio of the fund is -1.54 which shows average performance of fund in the arbitrage fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.57
0.54
0.44 | 0.59 7 | 27 Very Good
3M Return % 1.70
1.64
1.30 | 1.73 4 | 27 Very Good
6M Return % 3.57
3.50
2.91 | 3.67 8 | 27 Good
1Y Return % 7.43
7.25
6.00 | 7.75 11 | 26 Good
3Y Return % 5.91
5.92
4.86 | 6.53 14 | 21 Average
5Y Return % 5.21
5.08
4.17 | 5.51 11 | 19 Average
1Y SIP Return % -8.71
-8.88
-9.95 | -8.51 9 | 26 Good
3Y SIP Return % 5.07
4.97
3.78 | 5.44 13 | 21 Average
5Y SIP Return % 5.25
5.21
4.39 | 5.64 13 | 19 Average
Standard Deviation 0.71
0.65
0.60 | 0.78 20 | 21 Poor
Semi Deviation 0.55
0.50
0.45 | 0.59 20 | 21 Poor
Max Drawdown % -0.05
-0.05
-0.13 | 0.00 12 | 21 Good
Average Drawdown % -0.05
-0.05
-0.13 | 0.00 12 | 21 Good
Sharpe Ratio -1.54
-1.66
-3.44 | -0.88 13 | 21 Average
Sterling Ratio 0.57
0.57
0.47 | 0.63 14 | 21 Average
Sortino Ratio -0.44
-0.45
-0.72 | -0.28 13 | 21 Average
Return data last Updated On : Oct. 21, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.62 0.60 0.49 | 0.63 9 | 27
3M Return % 1.85 1.81 1.50 | 1.90 7 | 27
6M Return % 3.88 3.85 3.31 | 4.04 14 | 27
1Y Return % 8.08 7.98 6.84 | 8.52 14 | 26
3Y Return % 6.54 6.63 5.72 | 7.25 16 | 21
5Y Return % 5.77 5.76 4.81 | 6.22 13 | 19
1Y SIP Return % -8.16 -8.26 -9.24 | -7.97 13 | 26
3Y SIP Return % 5.69 5.69 4.64 | 6.15 15 | 21
5Y SIP Return % 5.84 5.90 5.01 | 6.34 14 | 19
Standard Deviation 0.71 0.65 0.60 | 0.78 20 | 21
Semi Deviation 0.55 0.50 0.45 | 0.59 20 | 21
Max Drawdown % -0.05 -0.05 -0.13 | 0.00 12 | 21
Average Drawdown % -0.05 -0.05 -0.13 | 0.00 12 | 21
Sharpe Ratio -1.54 -1.66 -3.44 | -0.88 13 | 21
Sterling Ratio 0.57 0.57 0.47 | 0.63 14 | 21
Sortino Ratio -0.44 -0.45 -0.72 | -0.28 13 | 21
Return data last Updated On : Oct. 21, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.23 ₹ 10,023.00 0.23 ₹ 10,023.00
1W 0.29 ₹ 10,029.00 0.30 ₹ 10,030.00
1M 0.57 ₹ 10,057.00 0.62 ₹ 10,062.00
3M 1.70 ₹ 10,170.00 1.85 ₹ 10,185.00
6M 3.57 ₹ 10,357.00 3.88 ₹ 10,388.00
1Y 7.43 ₹ 10,743.00 8.08 ₹ 10,808.00
3Y 5.91 ₹ 11,881.00 6.54 ₹ 12,092.00
5Y 5.21 ₹ 12,890.00 5.77 ₹ 13,239.00
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -8.71 ₹ 11,426.32 -8.16 ₹ 11,462.74
3Y ₹ 36000 5.07 ₹ 38,890.15 5.69 ₹ 39,256.49
5Y ₹ 60000 5.25 ₹ 68,518.86 5.84 ₹ 69,545.70
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Union Arbitrage Fund NAV Regular Growth Union Arbitrage Fund NAV Direct Growth
21-10-2024 13.4354 13.848
18-10-2024 13.4051 13.8161
17-10-2024 13.41 13.8209
16-10-2024 13.3997 13.8101
15-10-2024 13.4052 13.8156
14-10-2024 13.3967 13.8065
11-10-2024 13.3959 13.805
10-10-2024 13.3908 13.7996
09-10-2024 13.3929 13.8014
08-10-2024 13.3802 13.7881
07-10-2024 13.3728 13.7802
04-10-2024 13.3769 13.7838
03-10-2024 13.3537 13.7597
01-10-2024 13.3542 13.7598
30-09-2024 13.3566 13.762
27-09-2024 13.3477 13.7521
26-09-2024 13.3528 13.7572
25-09-2024 13.3596 13.764
24-09-2024 13.3492 13.753
23-09-2024 13.3594 13.7633

Fund Launch Date: 30/Jan/2019
Fund Category: Arbitrage Fund
Investment Objective: The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be achieved.
Fund Description: An Open Ended Scheme investing in Arbitrage Opportunities
Fund Benchmark: NIFTY 50 Arbitrage Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.