Union Arbitrage Fund Datagrid
Category Arbitrage Fund
BMSMONEY Rank 15
Rating
Growth Option 19-08-2026
NAV ₹14.98(R) +0.15% ₹15.61(D) +0.15%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.0% 6.7% 5.88% 5.42% -%
Direct 6.63% 7.33% 6.5% 6.01% -%
Benchmark
SIP (XIRR) Regular 6.22% 6.33% 6.37% 5.94% -%
Direct 6.86% 6.97% 7.0% 6.55% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.56 0.84 0.67 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.54% 0.0% 0.0% - 0.4%
Fund AUM As on: 30/12/2025 286 Cr
Top Arbitrage Fund
Fund Name Rank Rating
Invesco India Arbitrage Fund 1
UTI Arbitrage Fund 2
Kotak Arbitrage Fund 3
- 4
ICICI Prudential Equity - Arbitrage Fund 5

NAV Date: 19-08-2026

Scheme Name NAV Rupee Change Percent Change
Union Arbitrage Fund - Regular Plan - IDCW Option 14.62
0.0200
0.1500%
Union Arbitrage Fund - Regular Plan - Growth Option 14.98
0.0200
0.1500%
Union Arbitrage Fund - Direct Plan - IDCW Option 15.23
0.0200
0.1500%
Union Arbitrage Fund - Direct Plan - Growth Option 15.61
0.0200
0.1500%

Review Date: 19-08-2026

Beginning of Analysis

Union Arbitrage Fund is the 16th ranked fund in the Arbitrage Fund category. The category has total 24 funds. The 2 star rating shows a poor past performance of the Union Arbitrage Fund in Arbitrage Fund. The fund has a Sharpe Ratio of 1.56 which is lower than the category average of 1.56.
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 0.74%, 1.84 and 3.29 in last one, three and six months respectively. In the same period the category average return was 0.62%, 1.67% and 3.16% respectively.
  • Union Arbitrage Fund has given a return of 6.63% in last one year. In the same period the Arbitrage Fund category average return was 6.64%.
  • The fund has given a return of 7.33% in last three years and ranked 16.0th out of twenty two funds in the category. In the same period the Arbitrage Fund category average return was 7.33%.
  • The fund has given a return of 6.5% in last five years and ranked 14th out of eighteen funds in the category. In the same period the Arbitrage Fund category average return was 6.57%.
  • The fund has given a SIP return of 6.86% in last one year whereas category average SIP return is 6.69%. The fund one year return rank in the category is 9th in 28 funds
  • The fund has SIP return of 6.97% in last three years and ranks 15th in 22 funds. Tata Arbitrage Fund has given the highest SIP return (7.26%) in the category in last three years.
  • The fund has SIP return of 7.0% in last five years whereas category average SIP return is 7.05%.

Union Arbitrage Fund Risk Analysis

  • The fund has a standard deviation of 0.54 and semi deviation of 0.4. The category average standard deviation is 0.51 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 % 0.69
    0.56
    		0.09 | 0.69 1 | 34 Very Good
    3M Return % 1.68
    1.48
    		0.75 | 1.79 2 | 34 Very Good
    6M Return % 2.98
    2.80
    		1.61 | 3.39 4 | 31 Very Good
    1Y Return % 6.00
    5.91
    		3.68 | 7.06 16 | 28 Average
    3Y Return % 6.70
    6.61
    		5.68 | 6.96 9 | 22 Good
    5Y Return % 5.88
    5.86
    		4.93 | 6.29 13 | 18 Average
    7Y Return % 5.42
    5.42
    		4.63 | 5.73 10 | 15 Average
    1Y SIP Return % 6.22
    5.96
    		3.46 | 7.15 7 | 27 Very Good
    3Y SIP Return % 6.33
    6.27
    		5.50 | 6.58 11 | 22 Good
    5Y SIP Return % 6.37
    6.34
    		5.42 | 6.68 12 | 18 Average
    7Y SIP Return % 5.94
    5.98
    		5.34 | 6.27 12 | 15 Average
    Standard Deviation 0.54
    0.51
    		0.41 | 0.55 23 | 24 Poor
    Semi Deviation 0.40
    0.38
    		0.30 | 0.41 21 | 24 Poor
    Max Drawdown % 0.00
    0.00
    		-0.04 | 0.00 21 | 24 Poor
    Average Drawdown % 0.00
    0.00
    		0.00 | 0.04 24 | 24 Poor
    Sharpe Ratio 1.56
    1.56
    		-0.28 | 2.12 17 | 24 Average
    Sterling Ratio 0.67
    0.66
    		0.57 | 0.70 13 | 24 Average
    Sortino Ratio 0.84
    0.83
    		-0.10 | 1.22 14 | 24 Average
    Return data last Updated On : Aug. 19, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.74 0.62 0.28 | 0.74 1 | 35 Very Good
    3M Return % 1.84 1.67 1.11 | 1.95 3 | 35 Very Good
    6M Return % 3.29 3.16 2.34 | 3.72 6 | 32 Very Good
    1Y Return % 6.63 6.64 5.10 | 7.73 18 | 28 Average
    3Y Return % 7.33 7.33 6.52 | 7.60 16 | 22 Average
    5Y Return % 6.50 6.57 5.78 | 7.00 14 | 18 Average
    7Y Return % 6.01 6.10 5.25 | 6.45 12 | 15 Average
    1Y SIP Return % 6.86 6.69 4.89 | 7.83 9 | 28 Good
    3Y SIP Return % 6.97 6.99 6.33 | 7.26 15 | 22 Average
    5Y SIP Return % 7.00 7.05 6.26 | 7.37 13 | 18 Average
    7Y SIP Return % 6.55 6.66 5.93 | 6.95 12 | 15 Average
    Standard Deviation 0.54 0.51 0.41 | 0.55 23 | 24 Poor
    Semi Deviation 0.40 0.38 0.30 | 0.41 21 | 24 Poor
    Max Drawdown % 0.00 0.00 -0.04 | 0.00 21 | 24 Poor
    Average Drawdown % 0.00 0.00 0.00 | 0.04 24 | 24 Poor
    Sharpe Ratio 1.56 1.56 -0.28 | 2.12 17 | 24 Average
    Sterling Ratio 0.67 0.66 0.57 | 0.70 13 | 24 Average
    Sortino Ratio 0.84 0.83 -0.10 | 1.22 14 | 24 Average
    Return data last Updated On : Aug. 19, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    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
    19-08-2026 14.9766 15.6051
    18-08-2026 14.954 15.5814
    17-08-2026 14.9366 15.563
    14-08-2026 14.9456 15.5715
    13-08-2026 14.9529 15.5789
    12-08-2026 14.9541 15.5799
    11-08-2026 14.9422 15.5672
    10-08-2026 14.9499 15.575
    07-08-2026 14.9323 15.5558
    06-08-2026 14.9122 15.5347
    05-08-2026 14.9415 15.5649
    04-08-2026 14.9758 15.6004
    03-08-2026 15.0001 15.6255
    31-07-2026 14.9158 15.5368
    30-07-2026 14.91 15.5305
    29-07-2026 14.9044 15.5245
    28-07-2026 14.8989 15.5185
    27-07-2026 14.8904 15.5093
    24-07-2026 14.8848 15.5027
    23-07-2026 14.8899 15.5077
    22-07-2026 14.892 15.5097
    21-07-2026 14.8839 15.501
    20-07-2026 14.8738 15.4902

    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.