Key metrics
Latest NAV
₹12.23
Day change
-0.16%
Volatility
15.5%
Sharpe
0.07
Max drawdown
-19.9%
Expense ratio
1.03%
AUM
₹506 Cr
Category rank
10 / 18
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.13% | -0.33% | 4.98% | 7.37% | 7.66% | – | – | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Union Business Cycle Fund is a sectoral/thematic equity fund offered by Union Mutual Fund, classified under Equity as Sectoral/Thematic - Business Cycle. Because it concentrates on one sector or theme, it typically shows larger price swings than diversified equity funds. Its latest NAV is ₹12.23, with assets under management of about ₹506 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Union Business Cycle Fund has recorded a return of about 7.7%. Its annualised volatility is 15.5% — moderate fluctuations — and its Sharpe ratio is 0.07, a measure of return per unit of risk taken. The direct-plan base expense ratio is 1.03%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 4.01 | 4.01 | -6.67 | 20.12 | 74% | 6% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Union Business Cycle Fund invest in?
It invests primarily in companies tied to a single sector or theme.
How is this fund classified?
It is a Sectoral/Thematic - Business Cycle fund in the Equity group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
1.03% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Sectoral/Thematic - Business Cycle
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Sundaram Business Cycle Fund Sectoral/Thematic - Business Cycle | 0.36 | 10.88 | 16.71 | 5.76 | – | – | – | 0.50 |
| Edelweiss Business Cycle Fund Sectoral/Thematic - Business Cycle | 0.29 | 5.58 | 4.45 | 6.80 | – | – | – | 0.57 |
| Motilal Oswal Business Cycle Fund Sectoral/Thematic - Business Cycle | 0.74 | 14.13 | 19.39 | 0.09 | – | – | – | 0.84 |
| Bandhan Business Cycle Fund Sectoral/Thematic - Business Cycle | -1.37 | 4.63 | 5.81 | 0.94 | – | – | – | 0.57 |
| DSP Business Cycle Fund Sectoral/Thematic - Business Cycle | -2.57 | 3.19 | 1.98 | 4.63 | – | – | – | 0.54 |
| Invesco India Business Cycle Fund Sectoral/Thematic - Business Cycle | 0.00 | 9.19 | 20.44 | 15.26 | – | – | – | 0.55 |
| ITI Business Cycle Fund Sectoral/Thematic - Business Cycle | 2.07 | 5.32 | – | – | – | – | – | 0.53 |
| ICICI Prudential Business Cycle Fund Sectoral/Thematic - Business Cycle | -2.88 | 2.24 | -0.19 | 0.27 | 15.50 | 16.10 | – | 0.67 |
More funds from Union
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Union Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.54 | 1.96 | 3.28 | 6.56 | 7.27 | 6.50 | – | 0.33 |
| Union Overnight Fund Debt Scheme - Overnight Fund | 0.42 | 1.29 | 2.62 | 5.29 | 6.09 | 5.70 | – | 0.06 |
| Union Focused Fund Equity Scheme - Focused Fund | -0.57 | 5.84 | 9.96 | 9.15 | 12.10 | 10.24 | – | 1.27 |
| Union Large & Midcap Fund Equity Scheme - Large & Mid Cap Fund | -0.57 | 7.83 | 8.94 | 7.71 | 13.07 | 12.17 | – | 0.83 |
| Union Midcap Fund Equity Scheme - Mid Cap Fund | 0.47 | 7.25 | 12.51 | 12.30 | 16.95 | 15.84 | – | 0.66 |
| Union Aggressive Hybrid Fund Hybrid Scheme - Aggressive Hybrid Fund | -0.45 | 6.57 | 5.67 | 5.28 | 11.04 | 9.40 | – | 1.04 |
| Union Money Market Fund Debt Scheme - Money Market Fund | 0.69 | 2.27 | 3.88 | 6.95 | 7.27 | 6.49 | – | 0.14 |
| Union Gilt Fund Debt Scheme - Gilt Fund | -1.13 | 1.64 | 1.24 | 1.27 | 5.13 | – | – | 0.55 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.