Union Arbitrage Fund Overview
Category Arbitrage Fund
BMSMONEY Rank 16
Rating
Growth Option 18-07-2025
NAV ₹14.07(R) +0.03% ₹14.57(D) +0.04%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.66% 6.82% 5.38% -% -%
Direct 7.3% 7.44% 5.96% -% -%
Benchmark
SIP (XIRR) Regular 6.51% 5.18% 5.61% -% -%
Direct 7.15% 5.81% 6.23% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.83 0.96 0.67 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.52% 0.0% 0.0% - 0.4%
Fund AUM As on: 30/06/2025 302 Cr
Top Arbitrage Fund
Fund Name Rank Rating
sbi arbitrage opportunities fund 1
Kotak Equity Arbitrage Fund 2
Icici Prudential Equity - Arbitrage Fund 3
Uti Arbitrage Fund 4
Invesco India Arbitrage Fund 5

NAV Date: 18-07-2025

Scheme Name NAV Rupee Change Percent Change
Union Arbitrage Fund - Regular Plan - IDCW Option 13.74
0.0000
0.0300%
Union Arbitrage Fund - Regular Plan - Growth Option 14.07
0.0000
0.0300%
Union Arbitrage Fund - Direct Plan - IDCW Option 14.23
0.0100
0.0400%
Union Arbitrage Fund - Direct Plan - Growth Option 14.57
0.0100
0.0400%

Review Date: 18-07-2025

Beginning of Analysis

In the Arbitrage Fund category, Union Arbitrage Fund is the 16th ranked fund. The category has total 23 funds. The Union Arbitrage Fund has shown a poor past performence in Arbitrage Fund. The fund has a Sharpe Ratio of 1.83 which is lower than the category average of 1.85.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Arbitrage Mutual Funds

Union Arbitrage Fund Return Analysis

  • The fund has given a return of 0.52%, 1.48 and 3.4 in last one, three and six months respectively. In the same period the category average return was 0.49%, 1.5% and 3.51% respectively.
  • Union Arbitrage Fund has given a return of 7.3% in last one year. In the same period the Arbitrage Fund category average return was 7.35%.
  • The fund has given a return of 7.44% in last three years and ranked 16.0th out of 23 funds in the category. In the same period the Arbitrage Fund category average return was 7.46%.
  • The fund has given a return of 5.96% in last five years and ranked 16th out of 20 funds in the category. In the same period the Arbitrage Fund category average return was 6.09%.
  • The fund has given a SIP return of 7.15% in last one year whereas category average SIP return is 7.27%. The fund one year return rank in the category is 21st in 27 funds
  • The fund has SIP return of 5.81% in last three years and ranks 17th in 23 funds. Kotak Equity Arbitrage Fund has given the highest SIP return (6.15%) in the category in last three years.
  • The fund has SIP return of 6.23% in last five years whereas category average SIP return is 6.35%.

Union Arbitrage Fund Risk Analysis

  • The fund has a standard deviation of 0.52 and semi deviation of 0.4. The category average standard deviation is 0.48 and semi deviation is 0.38.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Arbitrage Fund Category
  • Good Performance in Arbitrage Fund Category
  • Poor Performance in Arbitrage Fund Category
  • Very Poor Performance in Arbitrage Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.47
    0.44
    		0.33 | 0.49 3 | 27 Very Good
    3M Return % 1.34
    1.34
    		1.03 | 1.52 17 | 27 Average
    6M Return % 3.10
    3.18
    		2.53 | 3.44 22 | 27 Poor
    1Y Return % 6.66
    6.64
    		5.38 | 7.02 16 | 27 Average
    3Y Return % 6.82
    6.74
    		5.53 | 7.17 12 | 23 Good
    5Y Return % 5.38
    5.40
    		4.57 | 5.81 15 | 20 Average
    1Y SIP Return % 6.51
    6.56
    		5.27 | 7.00 19 | 27 Average
    3Y SIP Return % 5.18
    5.12
    		3.86 | 5.51 13 | 23 Average
    5Y SIP Return % 5.61
    5.65
    		4.94 | 6.02 14 | 20 Average
    Standard Deviation 0.52
    0.48
    		0.43 | 0.61 21 | 23 Poor
    Semi Deviation 0.40
    0.38
    		0.33 | 0.49 21 | 23 Poor
    Sharpe Ratio 1.83
    1.85
    		-0.50 | 2.99 15 | 23 Average
    Sterling Ratio 0.67
    0.67
    		0.55 | 0.71 15 | 23 Average
    Sortino Ratio 0.96
    1.01
    		-0.17 | 2.00 15 | 23 Average
    Return data last Updated On : July 18, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.52 0.49 0.39 | 0.55 5 | 27
    3M Return % 1.48 1.50 1.23 | 1.70 18 | 27
    6M Return % 3.40 3.51 2.93 | 3.80 21 | 27
    1Y Return % 7.30 7.35 6.22 | 7.70 20 | 27
    3Y Return % 7.44 7.46 6.39 | 7.88 16 | 23
    5Y Return % 5.96 6.09 5.17 | 6.45 16 | 20
    1Y SIP Return % 7.15 7.27 6.11 | 7.68 21 | 27
    3Y SIP Return % 5.81 5.84 4.70 | 6.15 17 | 23
    5Y SIP Return % 6.23 6.35 5.54 | 6.70 15 | 20
    Standard Deviation 0.52 0.48 0.43 | 0.61 21 | 23
    Semi Deviation 0.40 0.38 0.33 | 0.49 21 | 23
    Sharpe Ratio 1.83 1.85 -0.50 | 2.99 15 | 23
    Sterling Ratio 0.67 0.67 0.55 | 0.71 15 | 23
    Sortino Ratio 0.96 1.01 -0.17 | 2.00 15 | 23
    Return data last Updated On : July 18, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2025
    KPIs: Key Performance Indicators

    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.


    Date Union Arbitrage Fund NAV Regular Growth Union Arbitrage Fund NAV Direct Growth
    18-07-2025 14.0743 14.5709
    17-07-2025 14.0695 14.5657
    16-07-2025 14.0729 14.569
    15-07-2025 14.0645 14.56
    14-07-2025 14.0586 14.5537
    11-07-2025 14.0633 14.5578
    10-07-2025 14.0616 14.5558
    09-07-2025 14.0584 14.5522
    08-07-2025 14.0499 14.5432
    07-07-2025 14.0541 14.5473
    04-07-2025 14.049 14.5413
    03-07-2025 14.0468 14.5388
    02-07-2025 14.0421 14.5337
    01-07-2025 14.0378 14.529
    30-06-2025 14.0322 14.523
    27-06-2025 14.027 14.5169
    26-06-2025 14.0229 14.5124
    25-06-2025 14.0131 14.502
    24-06-2025 14.0124 14.5011
    23-06-2025 14.0115 14.4999
    20-06-2025 14.0186 14.5065
    19-06-2025 14.0124 14.4999
    18-06-2025 14.0078 14.4949

    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.