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 May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹668.59 Cr

Equity only, excl. debt & cash

Top 5 Weight

16.6%

Diversified

Top 10 Weight

25.7%

Diversified

Changes

8 new · 5 exits

Top Sector

Banks

16.2% of portfolio

📋 What Happened This Month Union Multi Asset Allocation Fund made 8 new additions and exited 5 stocks this month. The biggest new buy was Hindalco Industries Limited (Non - Ferrous Metals) at 1.05% weight. TVS Motor Company Limited was the biggest exit (Automobiles), which was held at 1.43%. Among existing holdings, Tata Consumer Products Limited saw the biggest increase — now at 1.88% of the portfolio. State Bank of India was trimmed the most, now at 2.94%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 16.2%. ↓ 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

+0.98%

+6.75%

+1.48%

+14.80%

Latest NAV

₹12.33

24 Jun 2026

52W High

₹12.88

-4% from High

52W Low

₹9.49

+30% 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

19.5%

+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 ₹12.33 24 Jun 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: ₹12.33

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	16.8%	16.7%	▼ -0.1%
Finance	3.7%	4.3%	▲ +0.7%
Petroleum Products	4.0%	3.9%	● -0.1%
Automobiles	5.6%	3.7%	▼ -1.9%
Telecom - Services	3.1%	3.0%	● -0.1%
IT - Software	3.1%	2.8%	▼ -0.3%
Construction	2.6%	2.7%	▲ +0.1%
Auto Components	2.5%	2.7%	▲ +0.2%
Consumer Durables	2.0%	2.6%	▲ +0.6%
Electrical Equipment	2.0%	2.5%	▲ +0.5%

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%

🟢

Biggest New Buy

Hindalco Industries Limited

1.05% weight · Non - Ferrous Metals

🔴

Biggest Exit

TVS Motor Company Limited

1.43% was held · Automobiles

↑

Biggest Add

Tata Consumer Products Limited

+0.80% · now 1.88%

↓

Biggest Trim

State Bank of India

-0.32% · now 2.94%

🤝 Other funds also bought this month

Hindalco Industries Limited 28 funds

Bharat Heavy Electricals Limited 26 funds

Varun Beverages Limited 22 funds

Ajanta Pharma Limited 13 funds

ITD Cementation India Limited 12 funds

Engineers India Limited 10 funds

👋 Other funds also exited

TVS Motor Company Limited 21 funds

Hero MotoCorp Limited 17 funds

Titan Company Limited 13 funds

Tata Capital Limited 10 funds

KEC International Limited 9 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 8 New Entries 🔴 5 Exits ↑ 24 Increased ↓ 32 Decreased

#	Stock	Sector	Weight (May 2026)
1	Hindalco Industries Limited ₹10.10 Cr	Non - Ferrous Metals	1.05%
2	ITD Cementation India Limited ₹5.62 Cr	Construction	0.58%
3	Ajanta Pharma Limited ₹5.45 Cr	Pharmaceuticals & Biotechnology	0.57%
4	Bharat Heavy Electricals Limited ₹5.21 Cr	Electrical Equipment	0.54%
5	Clean Max Enviro Energy Solutions Limited # ₹4.44 Cr	Power	0.46%
6	Engineers India Limited ₹4.17 Cr	Construction	0.43%
7	Corona Remedies Limited ₹3.52 Cr	Pharmaceuticals & Biotechnology	0.37%
8	Varun Beverages Limited ₹2.18 Cr	Beverages	0.23%

#	Stock	Sector	Last Weight (Apr 2026)
1	TVS Motor Company Limited ₹13.80 Cr	Automobiles	1.43%
2	Hero MotoCorp Limited ₹5.10 Cr	Automobiles	0.53%
3	KEC International Limited ₹4.71 Cr	Construction	0.49%
4	Tata Capital Limited ₹3.83 Cr	Finance	0.40%
5	Titan Company Limited ₹2.53 Cr	Consumer Durables	0.26%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Tata Consumer Products Limited ₹18.15 Cr	Agricultural Food & other Products	1.08%	1.88%	+0.80%
2	Krishna Institute Of Medical Sciences Limited ₹9.20 Cr	Healthcare Services	0.75%	0.95%	+0.20%
3	GE Vernova T&D India Limited ₹8.75 Cr	Electrical Equipment	0.79%	0.91%	+0.12%
4	Solar Industries India Limited ₹7.85 Cr	Chemicals & Petrochemicals	0.69%	0.81%	+0.12%
5	Kirloskar Oil Engines Limited ₹8.93 Cr	Industrial Products	0.82%	0.93%	+0.11%
6	CG Power and Industrial Solutions Limited ₹6.97 Cr	Electrical Equipment	0.64%	0.72%	+0.08%
7	Gabriel India Limited ₹9.35 Cr	Auto Components	0.90%	0.97%	+0.07%
8	Nippon Life India Asset Management Limited ₹8.47 Cr	Capital Markets	0.81%	0.88%	+0.07%
9	Max Financial Services Limited ₹10.70 Cr	Insurance	1.05%	1.11%	+0.06%
10	Aarti Industries Limited ₹5.84 Cr	Chemicals & Petrochemicals	0.55%	0.61%	+0.06%
11	JSW Energy Limited ₹8.38 Cr	Power	0.82%	0.87%	+0.05%
12	Cummins India Limited ₹3.82 Cr	Industrial Products	0.36%	0.40%	+0.04%
13	Larsen & Toubro Limited ₹21.79 Cr	Construction	2.23%	2.26%	+0.03%
14	Pidilite Industries Limited ₹3.86 Cr	Chemicals & Petrochemicals	0.37%	0.40%	+0.03%
15	Axis Bank Limited ₹18.45 Cr	Banks	1.89%	1.91%	+0.02%
16	L&T Finance Limited ₹8.31 Cr	Finance	0.84%	0.86%	+0.02%
17	Kotak Mahindra Bank Limited ₹13.64 Cr	Banks	1.41%	1.42%	+0.01%
18	Eternal Limited ₹8.95 Cr	Retailing	0.92%	0.93%	+0.01%
19	Inventurus Knowledge Solutions Limited ₹8.71 Cr	IT - Services	0.89%	0.90%	+0.01%
20	JSW Infrastructure Ltd ₹6.06 Cr	Transport Infrastructure	0.62%	0.63%	+0.01%
21	Trent Limited ₹4.22 Cr	Retailing	0.43%	0.44%	+0.01%
22	One 97 Communications Limited ₹3.92 Cr	Financial Technology (Fintech)	0.40%	0.41%	+0.01%
23	Crompton Greaves Consumer Electricals Limited ₹3.59 Cr	Consumer Durables	0.36%	0.37%	+0.01%
24	Persistent Systems Limited ₹1.30 Cr	IT - Software	0.12%	0.13%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	State Bank of India ₹28.35 Cr	Banks	3.26%	2.94%	-0.32%
2	Reliance Industries Limited ₹34.63 Cr	Petroleum Products	3.89%	3.59%	-0.30%
3	Shriram Finance Limited ₹5.68 Cr	Finance	0.88%	0.59%	-0.29%
4	Voltamp Transformers Limited ₹7.23 Cr	Electrical Equipment	0.93%	0.75%	-0.18%
5	HDFC Bank Limited ₹36.88 Cr	Banks	3.97%	3.83%	-0.14%
6	KSB Limited ₹5.20 Cr	Industrial Products	0.67%	0.54%	-0.13%
7	Coromandel International Limited ₹7.14 Cr	Fertilizers & Agrochemicals	0.84%	0.74%	-0.10%
8	Bharti Airtel Limited ₹28.22 Cr	Telecom - Services	3.02%	2.93%	-0.09%
9	Tata Motors Ltd ₹8.03 Cr	Agricultural, Commercial & Construction Vehicles	0.90%	0.83%	-0.07%
10	Tata Consultancy Services Limited ₹6.10 Cr	IT - Software	0.69%	0.63%	-0.06%
11	Bajaj Finance Limited ₹15.71 Cr	Finance	1.68%	1.63%	-0.05%
12	Bharat Electronics Limited ₹9.53 Cr	Aerospace & Defense	1.04%	0.99%	-0.05%
13	LG Electronics India Ltd ₹9.30 Cr	Consumer Durables	1.01%	0.96%	-0.05%
14	NTPC Limited ₹11.55 Cr	Power	1.24%	1.20%	-0.04%
15	Amber Enterprises India Limited ₹6.28 Cr	Consumer Durables	0.69%	0.65%	-0.04%
16	Infosys Limited ₹12.74 Cr	IT - Software	1.35%	1.32%	-0.03%
17	Doms Industries Limited ₹5.68 Cr	Household Products	0.62%	0.59%	-0.03%
18	Oil & Natural Gas Corporation Limited ₹2.60 Cr	Oil	0.30%	0.27%	-0.03%
19	ICICI Bank Limited ₹31.79 Cr	Banks	3.32%	3.30%	-0.02%
20	Data Patterns (India) Limited ₹13.34 Cr	Aerospace & Defense	1.40%	1.38%	-0.02%
21	Oil India Limited ₹6.19 Cr	Oil	0.66%	0.64%	-0.02%
22	Hindustan Unilever Limited ₹5.00 Cr	Diversified FMCG	0.54%	0.52%	-0.02%
23	Ujjivan Small Finance Bank Limited ₹4.08 Cr	Banks	0.44%	0.42%	-0.02%
24	Greenply Industries Ltd ₹2.53 Cr	Consumer Durables	0.28%	0.26%	-0.02%
25	Maruti Suzuki India Limited ₹12.01 Cr	Automobiles	1.26%	1.25%	-0.01%
26	Karur Vysya Bank Limited ₹9.01 Cr	Banks	0.95%	0.94%	-0.01%
27	UltraTech Cement Limited ₹7.46 Cr	Cement & Cement Products	0.78%	0.77%	-0.01%
28	Jindal Steel Limited ₹7.12 Cr	Ferrous Metals	0.75%	0.74%	-0.01%
29	Gokaldas Exports Limited ₹4.81 Cr	Textiles & Apparels	0.51%	0.50%	-0.01%
30	Jio Financial Services Limited ₹4.78 Cr	Finance	0.51%	0.50%	-0.01%
31	United Spirits Limited ₹3.91 Cr	Beverages	0.42%	0.41%	-0.01%
32	LTIMindtree Limited ₹3.25 Cr	IT - Software	0.35%	0.34%	-0.01%

What Stocks Does This Fund Hold?

76 stocks — May 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹36.88 Cr	Banks	3.83%
2	Reliance Industries Limited ₹34.63 Cr	Petroleum Products	3.59%
3	ICICI Bank Limited ₹31.79 Cr	Banks	3.30%
4	State Bank of India ₹28.35 Cr	Banks	2.94%
5	Bharti Airtel Limited ₹28.22 Cr	Telecom - Services	2.93%
6	Larsen & Toubro Limited ₹21.79 Cr	Construction	2.26%
7	Axis Bank Limited ₹18.45 Cr	Banks	1.91%
8	Tata Consumer Products Limited ₹18.15 Cr	Agricultural Food & other Products	1.88%
9	Bajaj Finance Limited ₹15.71 Cr	Finance	1.63%
10	Kotak Mahindra Bank Limited ₹13.64 Cr	Banks	1.42%
11	Data Patterns (India) Limited ₹13.34 Cr	Aerospace & Defense	1.38%
12	Infosys Limited ₹12.74 Cr	IT - Software	1.32%
13	Maruti Suzuki India Limited ₹12.01 Cr	Automobiles	1.25%
14	NTPC Limited ₹11.55 Cr	Power	1.20%
15	Max Financial Services Limited ₹10.70 Cr	Insurance	1.11%
16	Hindalco Industries Limited ₹10.10 Cr	Non - Ferrous Metals	1.05%
17	Bharat Electronics Limited ₹9.53 Cr	Aerospace & Defense	0.99%
18	Gabriel India Limited ₹9.35 Cr	Auto Components	0.97%
19	LG Electronics India Ltd ₹9.30 Cr	Consumer Durables	0.96%
20	Krishna Institute Of Medical Sciences Limited ₹9.20 Cr	Healthcare Services	0.95%
21	ZF Commercial Vehicle Control Systems India Limited ₹9.07 Cr	Auto Components	0.94%
22	Karur Vysya Bank Limited ₹9.01 Cr	Banks	0.94%
23	Eternal Limited ₹8.95 Cr	Retailing	0.93%
24	Kirloskar Oil Engines Limited ₹8.93 Cr	Industrial Products	0.93%
25	GE Vernova T&D India Limited ₹8.75 Cr	Electrical Equipment	0.91%
26	Inventurus Knowledge Solutions Limited ₹8.71 Cr	IT - Services	0.90%
27	Nippon Life India Asset Management Limited ₹8.47 Cr	Capital Markets	0.88%
28	JSW Energy Limited ₹8.38 Cr	Power	0.87%
29	L&T Finance Limited ₹8.31 Cr	Finance	0.86%
30	Sona BLW Precision Forgings Limited ₹8.14 Cr	Auto Components	0.84%
31	Tata Motors Ltd ₹8.03 Cr	Agricultural, Commercial & Construction Vehicles	0.83%
32	IndusInd Bank Limited ₹8.00 Cr	Banks	0.83%
33	Solar Industries India Limited ₹7.85 Cr	Chemicals & Petrochemicals	0.81%
34	UltraTech Cement Limited ₹7.46 Cr	Cement & Cement Products	0.77%
35	Fortis Healthcare Limited ₹7.27 Cr	Healthcare Services	0.75%
36	Voltamp Transformers Limited ₹7.23 Cr	Electrical Equipment	0.75%
37	Coromandel International Limited ₹7.14 Cr	Fertilizers & Agrochemicals	0.74%
38	Jindal Steel Limited ₹7.12 Cr	Ferrous Metals	0.74%
39	CG Power and Industrial Solutions Limited ₹6.97 Cr	Electrical Equipment	0.72%
40	Amber Enterprises India Limited ₹6.28 Cr	Consumer Durables	0.65%
41	Oil India Limited ₹6.19 Cr	Oil	0.64%
42	Sun Pharmaceutical Industries Limited ₹6.07 Cr	Pharmaceuticals & Biotechnology	0.63%
43	JSW Infrastructure Ltd ₹6.06 Cr	Transport Infrastructure	0.63%
44	Tata Consultancy Services Limited ₹6.10 Cr	IT - Software	0.63%
45	Aarti Industries Limited ₹5.84 Cr	Chemicals & Petrochemicals	0.61%
46	The Federal Bank Limited ₹5.78 Cr	Banks	0.60%
47	Shriram Finance Limited ₹5.68 Cr	Finance	0.59%
48	Doms Industries Limited ₹5.68 Cr	Household Products	0.59%
49	ITD Cementation India Limited ₹5.62 Cr	Construction	0.58%
50	Ajanta Pharma Limited ₹5.45 Cr	Pharmaceuticals & Biotechnology	0.57%
51	Bharat Heavy Electricals Limited ₹5.21 Cr	Electrical Equipment	0.54%
52	KSB Limited ₹5.20 Cr	Industrial Products	0.54%
53	The Phoenix Mills Limited ₹5.05 Cr	Realty	0.52%
54	Hindustan Unilever Limited ₹5.00 Cr	Diversified FMCG	0.52%
55	Gokaldas Exports Limited ₹4.81 Cr	Textiles & Apparels	0.50%
56	Jio Financial Services Limited ₹4.78 Cr	Finance	0.50%
57	Clean Max Enviro Energy Solutions Limited # ₹4.44 Cr	Power	0.46%
58	Eicher Motors Limited ₹4.23 Cr	Automobiles	0.44%
59	Trent Limited ₹4.22 Cr	Retailing	0.44%
60	Engineers India Limited ₹4.17 Cr	Construction	0.43%
61	Ujjivan Small Finance Bank Limited ₹4.08 Cr	Banks	0.42%
62	One 97 Communications Limited ₹3.92 Cr	Financial Technology (Fintech)	0.41%
63	United Spirits Limited ₹3.91 Cr	Beverages	0.41%
64	Pidilite Industries Limited ₹3.86 Cr	Chemicals & Petrochemicals	0.40%
65	Cummins India Limited ₹3.82 Cr	Industrial Products	0.40%
66	Crompton Greaves Consumer Electricals Limited ₹3.59 Cr	Consumer Durables	0.37%
67	Corona Remedies Limited ₹3.52 Cr	Pharmaceuticals & Biotechnology	0.37%
68	LTIMindtree Limited ₹3.25 Cr	IT - Software	0.34%
69	FSN E-Commerce Ventures Limited ₹3.15 Cr	Retailing	0.33%
70	HCL Technologies Limited ₹2.67 Cr	IT - Software	0.28%
71	Oil & Natural Gas Corporation Limited ₹2.60 Cr	Oil	0.27%
72	Greenply Industries Ltd ₹2.53 Cr	Consumer Durables	0.26%
73	Varun Beverages Limited ₹2.18 Cr	Beverages	0.23%
74	Max Healthcare Institute Limited ₹2.17 Cr	Healthcare Services	0.23%
75	Persistent Systems Limited ₹1.30 Cr	IT - Software	0.13%
76	Schneider Electric Infrastructure Limited ₹99.42 L	Electrical Equipment	0.10%