What stocks does Union Multi Asset Allocation Fund hold?

Union Multi Asset Allocation Fund holds a portfolio of Indian equity stocks disclosed monthly by Union Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Union Multi Asset Allocation Fund?

Union Multi Asset Allocation Fund is managed by Union Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Union Multi Asset Allocation Fund?

Union Multi Asset Allocation Fund is classified as a Multi Asset mutual fund under SEBI's mutual fund categorisation framework.

How often is Union Multi Asset Allocation Fund portfolio data updated?

Portfolio holdings for Union Multi Asset Allocation Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Union Mutual Fund

Union Multi Asset Allocation Fund- Direct Plan - Growth Option

Multi Asset Data as of Jul 2026 Comparing May 2026 → Jul 2026

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Stocks Held

Jul 2026

Equity Holdings

₹689.38 Cr

Equity only, excl. debt & cash

AAUM

₹958.98 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

17.0%

Diversified

Top 10 Weight

26.4%

Diversified

Changes

13 new · 13 exits

Top Sector

Banks

16.9% of portfolio

Launch Date

20 Aug 2024

2 years old

AAUM (Average Assets Under Management) of ₹958.98 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Union Multi Asset Allocation Fund made 13 new additions and exited 13 stocks this month. The biggest new buy was Dr. Lal Path Labs Limited (Healthcare Services) at 0.93% weight. Data Patterns (India) Limited was the biggest exit (Aerospace & Defense), which was held at 1.38%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 4.62% of the portfolio. Reliance Industries Limited was trimmed the most, now at 2.66%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 16.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Union Multi Asset Allocation Fund- Direct Plan - Growth Option

+3.17%

+3.92%

+0.95%

+18.01%

Latest NAV

₹12.71

25 Aug 2026

52W High

₹12.88

-1% from High

52W Low

₹9.52

+34% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+20.4%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

18.7%

+ve in 100% windows

30.6% / 9.5%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-7.2%

Rec: Apr 2025 (2 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

NAV Chart ₹12.71 25 Aug 2026

Simple Moving Avg: Click to draw · click again to remove

Union Multi Asset Allocation Fund- Direct Plan - Growth Option

Chart shows indexed performance (base = 100). Actual NAV: ₹12.71

Sector Shift Industry allocation month-over-month

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	16.7%	16.2%	▼ -0.5%
Petroleum Products	3.9%	3.6%	▼ -0.3%
Finance	4.3%	3.6%	▼ -0.7%
Construction	2.7%	3.3%	▲ +0.6%
Electrical Equipment	2.5%	3.0%	▲ +0.6%
Telecom - Services	3.0%	2.9%	● -0.1%
Auto Components	2.7%	2.8%	● +0.1%
IT - Software	2.8%	2.7%	● -0.1%
Power	2.1%	2.5%	▲ +0.5%
Aerospace & Defense	2.4%	2.4%	● -0.1%

May 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	16.2%	16.9%	▲ +0.8%
Retailing	1.7%	3.6%	▲ +1.9%
Pharmaceuticals & Biotechnology	1.6%	3.5%	▲ +1.9%
Construction	3.3%	3.2%	● -0.1%
Auto Components	2.8%	3.2%	▲ +0.4%
Healthcare Services	1.9%	2.9%	▲ +1.0%
IT - Software	2.7%	2.9%	▲ +0.2%
Telecom - Services	2.9%	2.9%	● -0.1%
Petroleum Products	3.6%	2.7%	▼ -0.9%
Finance	3.6%	2.6%	▼ -1.0%

🟢

Biggest New Buy

Dr. Lal Path Labs Limited

0.93% weight · Healthcare Services

🔴

Biggest Exit

Data Patterns (India) Limited

1.38% was held · Aerospace & Defense

↑

Biggest Add

ICICI Bank Limited

+1.32% · now 4.62%

↓

Biggest Trim

Reliance Industries Limited

-0.93% · now 2.66%

🤝 Other funds also bought this month

Billionbrains Garage Ventures Ltd 48 funds

Ather Energy Limited 47 funds

Swiggy Limited 47 funds

Divi's Laboratories Limited 35 funds

Titan Company Limited 35 funds

Mankind Pharma Limited 29 funds

👋 Other funds also exited

Hindalco Industries Limited 71 funds

Eicher Motors Limited 63 funds

Cummins India Limited 45 funds

Crompton Greaves Consumer Electricals Limited 33 funds

IndusInd Bank Limited 33 funds

L&T Finance Limited 33 funds

What Changed in the Portfolio This Month?

Comparing May 2026 → Jul 2026

May 2026 → Jul 2026

🟢 13 New Entries 🔴 13 Exits ↑ 35 Increased ↓ 28 Decreased

#	Stock	Sector	Weight (Jul 2026)
1	Dr. Lal Path Labs Limited ₹9.25 Cr	Healthcare Services	0.93%
2	ICICI Prudential Asset Management Company Limited ₹8.10 Cr	Capital Markets	0.81%
3	Divi's Laboratories Limited ₹7.65 Cr	Pharmaceuticals & Biotechnology	0.77%
4	Ather Energy Limited ₹7.34 Cr	Automobiles	0.74%
5	Shadowfax Technologies Ltd. ₹7.01 Cr	Transport Services	0.70%
6	Mankind Pharma Limited ₹6.82 Cr	Pharmaceuticals & Biotechnology	0.68%
7	Godrej Properties Limited ₹6.78 Cr	Realty	0.68%
8	Swiggy Limited ₹6.44 Cr	Retailing	0.65%
9	Billionbrains Garage Ventures Ltd ₹6.22 Cr	Capital Markets	0.62%
10	Delhivery Limited ₹6.02 Cr	Transport Services	0.60%
11	Titan Company Limited ₹5.14 Cr	Consumer Durables	0.51%
12	Sai Life Sciences Limited ₹2.85 Cr	Pharmaceuticals & Biotechnology	0.29%
13	Wockhardt Limited ₹1.59 Cr	Pharmaceuticals & Biotechnology	0.16%

#	Stock	Sector	Last Weight (May 2026)
1	Data Patterns (India) Limited ₹13.34 Cr	Aerospace & Defense	1.38%
2	Hindalco Industries Limited ₹10.10 Cr	Non - Ferrous Metals	1.05%
3	L&T Finance Limited ₹8.31 Cr	Finance	0.86%
4	IndusInd Bank Limited ₹8.00 Cr	Banks	0.83%
5	Voltamp Transformers Limited ₹7.23 Cr	Electrical Equipment	0.75%
6	Coromandel International Limited ₹7.14 Cr	Fertilizers & Agrochemicals	0.74%
7	The Federal Bank Limited ₹5.78 Cr	Banks	0.60%
8	Jio Financial Services Limited ₹4.78 Cr	Finance	0.50%
9	Eicher Motors Limited ₹4.23 Cr	Automobiles	0.44%
10	United Spirits Limited ₹3.91 Cr	Beverages	0.41%
11	Cummins India Limited ₹3.82 Cr	Industrial Products	0.40%
12	Crompton Greaves Consumer Electricals Limited ₹3.59 Cr	Consumer Durables	0.37%
13	Schneider Electric Infrastructure Limited ₹99.42 L	Electrical Equipment	0.10%

#	Stock	Sector	May 2026	Jul 2026	Change
1	ICICI Bank Limited ₹46.08 Cr	Banks	3.30%	4.62%	+1.32%
2	FSN E-Commerce Ventures Limited ₹12.00 Cr	Retailing	0.33%	1.20%	+0.87%
3	HDFC Bank Limited ₹43.77 Cr	Banks	3.83%	4.39%	+0.56%
4	Axis Bank Limited ₹24.39 Cr	Banks	1.91%	2.45%	+0.54%
5	Bajaj Finance Limited ₹19.74 Cr	Finance	1.63%	1.98%	+0.35%
6	Clean Max Enviro Energy Solutions Limited # ₹7.41 Cr	Power	0.46%	0.74%	+0.28%
7	Gabriel India Limited ₹12.26 Cr	Auto Components	0.97%	1.23%	+0.26%
8	Trent Limited ₹6.76 Cr	Retailing	0.44%	0.68%	+0.24%
9	Engineers India Limited ₹6.67 Cr	Construction	0.43%	0.67%	+0.24%
10	Ajanta Pharma Limited ₹7.78 Cr	Pharmaceuticals & Biotechnology	0.57%	0.78%	+0.21%
11	Sona BLW Precision Forgings Limited ₹10.31 Cr	Auto Components	0.84%	1.03%	+0.19%
12	Eternal Limited ₹10.80 Cr	Retailing	0.93%	1.08%	+0.15%
13	Infosys Limited ₹14.46 Cr	IT - Software	1.32%	1.45%	+0.13%
14	Karur Vysya Bank Limited ₹10.68 Cr	Banks	0.94%	1.07%	+0.13%
15	Ujjivan Small Finance Bank Limited ₹5.38 Cr	Banks	0.42%	0.54%	+0.12%
16	Tata Motors Ltd ₹9.24 Cr	Agricultural, Commercial & Construction Vehicles	0.83%	0.93%	+0.10%
17	Kirloskar Oil Engines Limited ₹10.14 Cr	Industrial Products	0.93%	1.02%	+0.09%
18	Gokaldas Exports Limited ₹5.66 Cr	Textiles & Apparels	0.50%	0.57%	+0.07%
19	Corona Remedies Limited ₹4.41 Cr	Pharmaceuticals & Biotechnology	0.37%	0.44%	+0.07%
20	Maruti Suzuki India Limited ₹13.02 Cr	Automobiles	1.25%	1.31%	+0.06%
21	Inventurus Knowledge Solutions Limited ₹9.61 Cr	IT - Services	0.90%	0.96%	+0.06%
22	JSW Infrastructure Ltd ₹6.87 Cr	Transport Infrastructure	0.63%	0.69%	+0.06%
23	One 97 Communications Limited ₹4.70 Cr	Financial Technology (Fintech)	0.41%	0.47%	+0.06%
24	Shriram Finance Limited ₹6.28 Cr	Finance	0.59%	0.63%	+0.04%
25	Krishna Institute Of Medical Sciences Limited ₹9.75 Cr	Healthcare Services	0.95%	0.98%	+0.03%
26	Greenply Industries Ltd ₹2.91 Cr	Consumer Durables	0.26%	0.29%	+0.03%
27	KSB Limited ₹5.63 Cr	Industrial Products	0.54%	0.56%	+0.02%
28	The Phoenix Mills Limited ₹5.40 Cr	Realty	0.52%	0.54%	+0.02%
29	Pidilite Industries Limited ₹4.19 Cr	Chemicals & Petrochemicals	0.40%	0.42%	+0.02%
30	HCL Technologies Limited ₹3.04 Cr	IT - Software	0.28%	0.30%	+0.02%
31	Max Healthcare Institute Limited ₹2.47 Cr	Healthcare Services	0.23%	0.25%	+0.02%
32	UltraTech Cement Limited ₹7.74 Cr	Cement & Cement Products	0.77%	0.78%	+0.01%
33	Tata Consultancy Services Limited ₹6.39 Cr	IT - Software	0.63%	0.64%	+0.01%
34	LTIMindtree Limited ₹3.49 Cr	IT - Software	0.34%	0.35%	+0.01%
35	Persistent Systems Limited ₹1.39 Cr	IT - Software	0.13%	0.14%	+0.01%

#	Stock	Sector	May 2026	Jul 2026	Change
1	Reliance Industries Limited ₹26.56 Cr	Petroleum Products	3.59%	2.66%	-0.93%
2	Tata Consumer Products Limited ₹9.86 Cr	Agricultural Food & other Products	1.88%	0.99%	-0.89%
3	Jindal Steel Limited ₹2.37 Cr	Ferrous Metals	0.74%	0.24%	-0.50%
4	NTPC Limited ₹7.19 Cr	Power	1.20%	0.72%	-0.48%
5	Bharat Electronics Limited ₹5.04 Cr	Aerospace & Defense	0.99%	0.51%	-0.48%
6	GE Vernova T&D India Limited ₹4.41 Cr	Electrical Equipment	0.91%	0.44%	-0.47%
7	State Bank of India ₹24.76 Cr	Banks	2.94%	2.48%	-0.46%
8	Max Financial Services Limited ₹7.17 Cr	Insurance	1.11%	0.72%	-0.39%
9	Nippon Life India Asset Management Limited ₹5.46 Cr	Capital Markets	0.88%	0.55%	-0.33%
10	Sun Pharmaceutical Industries Limited ₹3.58 Cr	Pharmaceuticals & Biotechnology	0.63%	0.36%	-0.27%
11	Doms Industries Limited ₹3.56 Cr	Household Products	0.59%	0.36%	-0.23%
12	ITD Cementation India Limited ₹4.10 Cr	Construction	0.58%	0.41%	-0.17%
13	Larsen & Toubro Limited ₹21.05 Cr	Construction	2.26%	2.11%	-0.15%
14	JSW Energy Limited ₹7.81 Cr	Power	0.87%	0.78%	-0.09%
15	Bharti Airtel Limited ₹28.40 Cr	Telecom - Services	2.93%	2.85%	-0.08%
16	CG Power and Industrial Solutions Limited ₹6.56 Cr	Electrical Equipment	0.72%	0.66%	-0.06%
17	LG Electronics India Ltd ₹9.09 Cr	Consumer Durables	0.96%	0.91%	-0.05%
18	Varun Beverages Limited ₹1.83 Cr	Beverages	0.23%	0.18%	-0.05%
19	ZF Commercial Vehicle Control Systems India Limited ₹8.96 Cr	Auto Components	0.94%	0.90%	-0.04%
20	Amber Enterprises India Limited ₹6.13 Cr	Consumer Durables	0.65%	0.61%	-0.04%
21	Oil India Limited ₹5.96 Cr	Oil	0.64%	0.60%	-0.04%
22	Kotak Mahindra Bank Limited ₹13.86 Cr	Banks	1.42%	1.39%	-0.03%
23	Bharat Heavy Electricals Limited ₹5.09 Cr	Electrical Equipment	0.54%	0.51%	-0.03%
24	Hindustan Unilever Limited ₹4.88 Cr	Diversified FMCG	0.52%	0.49%	-0.03%
25	Oil & Natural Gas Corporation Limited ₹2.38 Cr	Oil	0.27%	0.24%	-0.03%
26	Solar Industries India Limited ₹7.91 Cr	Chemicals & Petrochemicals	0.81%	0.79%	-0.02%
27	Fortis Healthcare Limited ₹7.40 Cr	Healthcare Services	0.75%	0.74%	-0.01%
28	Aarti Industries Limited ₹6.02 Cr	Chemicals & Petrochemicals	0.61%	0.60%	-0.01%

What Stocks Does This Fund Hold?

76 stocks — Jul 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹46.08 Cr	Banks	4.62%
2	HDFC Bank Limited ₹43.77 Cr	Banks	4.39%
3	Bharti Airtel Limited ₹28.40 Cr	Telecom - Services	2.85%
4	Reliance Industries Limited ₹26.56 Cr	Petroleum Products	2.66%
5	State Bank of India ₹24.76 Cr	Banks	2.48%
6	Axis Bank Limited ₹24.39 Cr	Banks	2.45%
7	Larsen & Toubro Limited ₹21.05 Cr	Construction	2.11%
8	Bajaj Finance Limited ₹19.74 Cr	Finance	1.98%
9	Infosys Limited ₹14.46 Cr	IT - Software	1.45%
10	Kotak Mahindra Bank Limited ₹13.86 Cr	Banks	1.39%
11	Maruti Suzuki India Limited ₹13.02 Cr	Automobiles	1.31%
12	Gabriel India Limited ₹12.26 Cr	Auto Components	1.23%
13	FSN E-Commerce Ventures Limited ₹12.00 Cr	Retailing	1.20%
14	Eternal Limited ₹10.80 Cr	Retailing	1.08%
15	Karur Vysya Bank Limited ₹10.68 Cr	Banks	1.07%
16	Sona BLW Precision Forgings Limited ₹10.31 Cr	Auto Components	1.03%
17	Kirloskar Oil Engines Limited ₹10.14 Cr	Industrial Products	1.02%
18	Tata Consumer Products Limited ₹9.86 Cr	Agricultural Food & other Products	0.99%
19	Krishna Institute Of Medical Sciences Limited ₹9.75 Cr	Healthcare Services	0.98%
20	Inventurus Knowledge Solutions Limited ₹9.61 Cr	IT - Services	0.96%
21	Dr. Lal Path Labs Limited ₹9.25 Cr	Healthcare Services	0.93%
22	Tata Motors Ltd ₹9.24 Cr	Agricultural, Commercial & Construction Vehicles	0.93%
23	LG Electronics India Ltd ₹9.09 Cr	Consumer Durables	0.91%
24	ZF Commercial Vehicle Control Systems India Limited ₹8.96 Cr	Auto Components	0.90%
25	ICICI Prudential Asset Management Company Limited ₹8.10 Cr	Capital Markets	0.81%
26	Solar Industries India Limited ₹7.91 Cr	Chemicals & Petrochemicals	0.79%
27	JSW Energy Limited ₹7.81 Cr	Power	0.78%
28	Ajanta Pharma Limited ₹7.78 Cr	Pharmaceuticals & Biotechnology	0.78%
29	UltraTech Cement Limited ₹7.74 Cr	Cement & Cement Products	0.78%
30	Divi's Laboratories Limited ₹7.65 Cr	Pharmaceuticals & Biotechnology	0.77%
31	Clean Max Enviro Energy Solutions Limited # ₹7.41 Cr	Power	0.74%
32	Fortis Healthcare Limited ₹7.40 Cr	Healthcare Services	0.74%
33	Ather Energy Limited ₹7.34 Cr	Automobiles	0.74%
34	NTPC Limited ₹7.19 Cr	Power	0.72%
35	Max Financial Services Limited ₹7.17 Cr	Insurance	0.72%
36	Shadowfax Technologies Ltd. ₹7.01 Cr	Transport Services	0.70%
37	JSW Infrastructure Ltd ₹6.87 Cr	Transport Infrastructure	0.69%
38	Trent Limited ₹6.76 Cr	Retailing	0.68%
39	Godrej Properties Limited ₹6.78 Cr	Realty	0.68%
40	Mankind Pharma Limited ₹6.82 Cr	Pharmaceuticals & Biotechnology	0.68%
41	Engineers India Limited ₹6.67 Cr	Construction	0.67%
42	CG Power and Industrial Solutions Limited ₹6.56 Cr	Electrical Equipment	0.66%
43	Swiggy Limited ₹6.44 Cr	Retailing	0.65%
44	Tata Consultancy Services Limited ₹6.39 Cr	IT - Software	0.64%
45	Shriram Finance Limited ₹6.28 Cr	Finance	0.63%
46	Billionbrains Garage Ventures Ltd ₹6.22 Cr	Capital Markets	0.62%
47	Amber Enterprises India Limited ₹6.13 Cr	Consumer Durables	0.61%
48	Oil India Limited ₹5.96 Cr	Oil	0.60%
49	Aarti Industries Limited ₹6.02 Cr	Chemicals & Petrochemicals	0.60%
50	Delhivery Limited ₹6.02 Cr	Transport Services	0.60%
51	Gokaldas Exports Limited ₹5.66 Cr	Textiles & Apparels	0.57%
52	KSB Limited ₹5.63 Cr	Industrial Products	0.56%
53	Nippon Life India Asset Management Limited ₹5.46 Cr	Capital Markets	0.55%
54	The Phoenix Mills Limited ₹5.40 Cr	Realty	0.54%
55	Ujjivan Small Finance Bank Limited ₹5.38 Cr	Banks	0.54%
56	Bharat Electronics Limited ₹5.04 Cr	Aerospace & Defense	0.51%
57	Bharat Heavy Electricals Limited ₹5.09 Cr	Electrical Equipment	0.51%
58	Titan Company Limited ₹5.14 Cr	Consumer Durables	0.51%
59	Hindustan Unilever Limited ₹4.88 Cr	Diversified FMCG	0.49%
60	One 97 Communications Limited ₹4.70 Cr	Financial Technology (Fintech)	0.47%
61	GE Vernova T&D India Limited ₹4.41 Cr	Electrical Equipment	0.44%
62	Corona Remedies Limited ₹4.41 Cr	Pharmaceuticals & Biotechnology	0.44%
63	Pidilite Industries Limited ₹4.19 Cr	Chemicals & Petrochemicals	0.42%
64	ITD Cementation India Limited ₹4.10 Cr	Construction	0.41%
65	Sun Pharmaceutical Industries Limited ₹3.58 Cr	Pharmaceuticals & Biotechnology	0.36%
66	Doms Industries Limited ₹3.56 Cr	Household Products	0.36%
67	LTIMindtree Limited ₹3.49 Cr	IT - Software	0.35%
68	HCL Technologies Limited ₹3.04 Cr	IT - Software	0.30%
69	Greenply Industries Ltd ₹2.91 Cr	Consumer Durables	0.29%
70	Sai Life Sciences Limited ₹2.85 Cr	Pharmaceuticals & Biotechnology	0.29%
71	Max Healthcare Institute Limited ₹2.47 Cr	Healthcare Services	0.25%
72	Oil & Natural Gas Corporation Limited ₹2.38 Cr	Oil	0.24%
73	Jindal Steel Limited ₹2.37 Cr	Ferrous Metals	0.24%
74	Varun Beverages Limited ₹1.83 Cr	Beverages	0.18%
75	Wockhardt Limited ₹1.59 Cr	Pharmaceuticals & Biotechnology	0.16%
76	Persistent Systems Limited ₹1.39 Cr	IT - Software	0.14%