What stocks does Union Value Fund hold?

Union Value 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 Value Fund?

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

What category is Union Value Fund?

Union Value Fund is classified as a Value/Contra mutual fund under SEBI's mutual fund categorisation framework.

How often is Union Value Fund portfolio data updated?

Portfolio holdings for Union Value 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 Value Fund - Direct Plan - Growth Option

Value/Contra Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹363.99 Cr

Equity only, excl. debt & cash

AAUM

₹391.08 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

20.5%

Diversified

Top 10 Weight

32.7%

Diversified

Changes

6 new · 2 exits

Top Sector

Banks

21.2% of portfolio

Launch Date

14 Nov 2018

8 years old

AAUM (Average Assets Under Management) of ₹391.08 Cr for Jul-Sep 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 Value Fund made 6 new additions and exited 2 stocks this month. The biggest new buy was Adani Ports and Special Economic Zone Limited (Transport Infrastructure) at 0.86% weight. Coforge Limited was the biggest exit (IT - Software), which was held at 1.12%. Among existing holdings, Hindustan Aeronautics Limited saw the biggest increase — now at 0.99% of the portfolio. NTPC Limited was trimmed the most, now at 2.21%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 21.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Union Value Fund - Direct Plan - Growth Option

-5.28%

-7.91%

-5.12%

-7.28%

Latest NAV

₹28.53

23 Oct 2026

52W High

₹31.64

-10% from High

52W Low

₹27.46

+4% from Low

Calendar Year Returns

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

2025

+8.0%

2024

+17.9%

2023

+34.6%

2022

+5.9%

2021

+33.2%

2020

+18.3%

2019

+5.6%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

19.2%

+ve in 91% windows

97.0% / -33.5%

3Y Rolling Avg

20.7% p.a.

+ve in 100% windows

36.5% / 9.9%

5Y Rolling Avg

20.9% p.a.

+ve in 100% windows

32.0% / 11.3%

Crisis Period Behaviour

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

2024–25 Tariff

-17.7%

Rec: Jul 2025 (6 mo)

COVID-19 Crash

-35.7%

Rec: Aug 2020 (7 mo)

2022 Rate Hike

-16.4%

Rec: Sep 2022 (4 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.24

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.32

Penalises downside volatility only.

Std Deviation (3Y)

14.8%

Lower = more consistent returns.

NAV Chart ₹28.53 23 Oct 2026

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

Union Value Fund - Direct Plan - Growth Option

Chart shows indexed performance (base = 100). Actual NAV: ₹28.53

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	22.1%	21.4%	▼ -0.6%
IT - Software	7.1%	7.2%	▲ +0.1%
Pharmaceuticals & Biotechnology	5.8%	5.4%	▼ -0.5%
Construction	5.2%	5.3%	● +0.1%
Finance	4.5%	4.7%	▲ +0.1%
Petroleum Products	4.8%	4.6%	▼ -0.2%
Auto Components	4.2%	4.2%	● +0.1%
Retailing	4.5%	4.1%	▼ -0.3%
Power	4.0%	3.7%	▼ -0.3%
Automobiles	3.5%	3.0%	▼ -0.6%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	21.4%	21.2%	▼ -0.3%
IT - Software	7.2%	6.9%	▼ -0.3%
Pharmaceuticals & Biotechnology	5.4%	5.6%	▲ +0.3%
Construction	5.3%	5.6%	▲ +0.3%
Petroleum Products	4.6%	4.5%	● -0.1%
Auto Components	4.2%	4.1%	▼ -0.2%
Retailing	4.1%	3.9%	▼ -0.2%
Finance	4.7%	3.7%	▼ -1.0%
Power	3.7%	3.1%	▼ -0.6%
Industrial Products	2.9%	3.0%	▲ +0.1%

🟢

Biggest New Buy

Adani Ports and Special Economic Zone Limited

0.86% weight · Transport Infrastructure

🔴

Biggest Exit

Coforge Limited

1.12% was held · IT - Software

↑

Biggest Add

Hindustan Aeronautics Limited

+0.51% · now 0.99%

↓

Biggest Trim

NTPC Limited

-0.74% · now 2.21%

🤝 Other funds also bought this month

National Stock Exchange of India Ltd. 115 funds

HDFC Life Insurance Company Limited 35 funds

Zydus Lifesciences Limited 18 funds

Adani Ports and Special Economic Zone Limited 16 funds

LTIMindtree Limited 11 funds

Inventurus Knowledge Solutions Limited 7 funds

👋 Other funds also exited

Coforge Limited 40 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 6 New Entries 🔴 2 Exits ↑ 28 Increased ↓ 32 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Adani Ports and Special Economic Zone Limited ₹3.24 Cr	Transport Infrastructure	0.86%
2	LTIMindtree Limited ₹3.03 Cr	IT - Software	0.80%
3	HDFC Life Insurance Company Limited ₹3.00 Cr	Insurance	0.79%
4	National Stock Exchange of India Ltd. ₹2.82 Cr	Capital Markets	0.75%
5	Inventurus Knowledge Solutions Limited ₹2.80 Cr	IT - Services	0.74%
6	Zydus Lifesciences Limited ₹2.61 Cr	Pharmaceuticals & Biotechnology	0.69%

#	Stock	Sector	Last Weight (Aug 2026)
1	Coforge Limited ₹4.47 Cr	IT - Software	1.12%
2	Fusion Finance Ltd ₹1.89 Cr	Finance	0.47%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Hindustan Aeronautics Limited ₹3.73 Cr	Aerospace & Defense	0.48%	0.99%	+0.51%
2	RBL Bank Limited ₹6.05 Cr	Banks	1.24%	1.60%	+0.36%
3	Engineers India Limited ₹5.11 Cr	Construction	1.08%	1.35%	+0.27%
4	Tech Mahindra Limited ₹8.26 Cr	IT - Software	1.93%	2.19%	+0.26%
5	Carborundum Universal Limited ₹5.32 Cr	Industrial Products	1.18%	1.41%	+0.23%
6	HDFC Bank Limited ₹15.58 Cr	Banks	3.91%	4.12%	+0.21%
7	Axis Bank Limited ₹12.13 Cr	Banks	3.06%	3.21%	+0.15%
8	The Phoenix Mills Limited ₹6.27 Cr	Realty	1.54%	1.66%	+0.12%
9	Ajanta Pharma Limited ₹6.19 Cr	Pharmaceuticals & Biotechnology	1.54%	1.64%	+0.10%
10	Clean Max Enviro Energy Solutions Limited # ₹3.28 Cr	Power	0.77%	0.87%	+0.10%
11	Jindal Steel Limited ₹7.25 Cr	Ferrous Metals	1.83%	1.92%	+0.09%
12	Bharti Airtel Limited ₹11.25 Cr	Telecom - Services	2.91%	2.98%	+0.07%
13	Adani Enterprises Limited ₹3.32 Cr	Metals & Minerals Trading	0.82%	0.88%	+0.06%
14	Power Mech Projects Limited ₹5.71 Cr	Construction	1.45%	1.51%	+0.06%
15	Krishna Institute Of Medical Sciences Limited ₹3.99 Cr	Healthcare Services	1.01%	1.06%	+0.05%
16	ITC Limited ₹1.87 Cr	Diversified FMCG	0.45%	0.49%	+0.04%
17	Tata Steel Limited ₹3.14 Cr	Ferrous Metals	0.79%	0.83%	+0.04%
18	SKY GOLD AND DIAMONDS LIMITED ₹2.84 Cr	Consumer Durables	0.71%	0.75%	+0.04%
19	Voltamp Transformers Limited ₹4.38 Cr	Electrical Equipment	1.14%	1.16%	+0.02%
20	Zydus Wellness Limited ₹4.23 Cr	Food Products	1.10%	1.12%	+0.02%
21	STAR CEMENT LIMITED ₹2.47 Cr	Cement & Cement Products	0.63%	0.65%	+0.02%
22	Nephrocare Health Services Ltd ₹3.82 Cr	Healthcare Services	0.99%	1.01%	+0.02%
23	Hindustan Unilever Limited ₹3.01 Cr	Diversified FMCG	0.79%	0.80%	+0.01%
24	Hero MotoCorp Limited ₹1.99 Cr	Automobiles	0.52%	0.53%	+0.01%
25	Samvardhana Motherson International Limited ₹3.25 Cr	Auto Components	0.85%	0.86%	+0.01%
26	Hindustan Petroleum Corporation Limited ₹2.98 Cr	Petroleum Products	0.78%	0.79%	+0.01%
27	Balrampur Chini Mills Limited ₹4.64 Cr	Agricultural Food & other Products	1.22%	1.23%	+0.01%
28	ITD Cementation India Limited ₹2.13 Cr	Construction	0.55%	0.56%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	NTPC Limited ₹8.36 Cr	Power	2.95%	2.21%	-0.74%
2	InterGlobe Aviation Limited ₹3.49 Cr	Transport Services	1.57%	0.92%	-0.65%
3	Cipla Limited ₹2.89 Cr	Pharmaceuticals & Biotechnology	1.25%	0.77%	-0.48%
4	Maruti Suzuki India Limited ₹7.54 Cr	Automobiles	2.44%	2.00%	-0.44%
5	Prestige Estates Projects Limited ₹1.04 Cr	Realty	0.70%	0.27%	-0.43%
6	Max Financial Services Limited ₹4.19 Cr	Insurance	1.48%	1.11%	-0.37%
7	Ujjivan Small Finance Bank Limited ₹6.21 Cr	Banks	1.98%	1.64%	-0.34%
8	Tata Capital Limited ₹3.58 Cr	Finance	1.26%	0.95%	-0.31%
9	ICICI Bank Limited ₹24.34 Cr	Banks	6.71%	6.44%	-0.27%
10	Bharat Electronics Limited ₹4.52 Cr	Aerospace & Defense	1.47%	1.20%	-0.27%
11	The Federal Bank Limited ₹4.59 Cr	Banks	1.47%	1.21%	-0.26%
12	Shriram Finance Limited ₹10.32 Cr	Finance	2.92%	2.73%	-0.19%
13	State Bank of India ₹11.08 Cr	Banks	3.07%	2.93%	-0.14%
14	Tube Investments of India Limited ₹4.51 Cr	Auto Components	1.32%	1.19%	-0.13%
15	Kirloskar Oil Engines Limited ₹6.11 Cr	Industrial Products	1.73%	1.62%	-0.11%
16	Tata Consultancy Services Limited ₹3.69 Cr	IT - Software	1.08%	0.98%	-0.10%
17	Arvind Fashions Limited ₹3.59 Cr	Retailing	1.05%	0.95%	-0.10%
18	Mphasis Limited ₹4.80 Cr	IT - Software	1.36%	1.27%	-0.09%
19	V-Mart Retail Limited ₹5.55 Cr	Retailing	1.56%	1.47%	-0.09%
20	Reliance Industries Limited ₹14.17 Cr	Petroleum Products	3.82%	3.75%	-0.07%
21	Infosys Limited ₹3.58 Cr	IT - Software	1.02%	0.95%	-0.07%
22	Nippon Life India Asset Management Limited ₹6.31 Cr	Capital Markets	1.73%	1.67%	-0.06%
23	Aarti Industries Limited ₹4.92 Cr	Chemicals & Petrochemicals	1.36%	1.30%	-0.06%
24	Tata Motors Ltd ₹4.22 Cr	Agricultural, Commercial & Construction Vehicles	1.18%	1.12%	-0.06%
25	Gokaldas Exports Limited ₹2.67 Cr	Textiles & Apparels	0.76%	0.71%	-0.05%
26	Larsen & Toubro Limited ₹8.16 Cr	Construction	2.20%	2.16%	-0.04%
27	Sun Pharmaceutical Industries Limited ₹4.29 Cr	Pharmaceuticals & Biotechnology	1.17%	1.13%	-0.04%
28	Berger Paints (I) Limited ₹4.12 Cr	Consumer Durables	1.13%	1.09%	-0.04%
29	Info Edge (India) Limited ₹5.63 Cr	Retailing	1.52%	1.49%	-0.03%
30	Gabriel India Limited ₹7.62 Cr	Auto Components	2.05%	2.02%	-0.03%
31	Campus Activewear Limited ₹2.74 Cr	Consumer Durables	0.74%	0.72%	-0.02%
32	HCL Technologies Limited ₹2.64 Cr	IT - Software	0.71%	0.70%	-0.01%

What Stocks Does This Fund Hold?

69 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹24.34 Cr	Banks	6.44%
2	HDFC Bank Limited ₹15.58 Cr	Banks	4.12%
3	Reliance Industries Limited ₹14.17 Cr	Petroleum Products	3.75%
4	Axis Bank Limited ₹12.13 Cr	Banks	3.21%
5	Bharti Airtel Limited ₹11.25 Cr	Telecom - Services	2.98%
6	State Bank of India ₹11.08 Cr	Banks	2.93%
7	Shriram Finance Limited ₹10.32 Cr	Finance	2.73%
8	NTPC Limited ₹8.36 Cr	Power	2.21%
9	Tech Mahindra Limited ₹8.26 Cr	IT - Software	2.19%
10	Larsen & Toubro Limited ₹8.16 Cr	Construction	2.16%
11	Gabriel India Limited ₹7.62 Cr	Auto Components	2.02%
12	Maruti Suzuki India Limited ₹7.54 Cr	Automobiles	2.00%
13	Jindal Steel Limited ₹7.25 Cr	Ferrous Metals	1.92%
14	Nippon Life India Asset Management Limited ₹6.31 Cr	Capital Markets	1.67%
15	The Phoenix Mills Limited ₹6.27 Cr	Realty	1.66%
16	Ujjivan Small Finance Bank Limited ₹6.21 Cr	Banks	1.64%
17	Ajanta Pharma Limited ₹6.19 Cr	Pharmaceuticals & Biotechnology	1.64%
18	Kirloskar Oil Engines Limited ₹6.11 Cr	Industrial Products	1.62%
19	RBL Bank Limited ₹6.05 Cr	Banks	1.60%
20	Power Mech Projects Limited ₹5.71 Cr	Construction	1.51%
21	Info Edge (India) Limited ₹5.63 Cr	Retailing	1.49%
22	V-Mart Retail Limited ₹5.55 Cr	Retailing	1.47%
23	Carborundum Universal Limited ₹5.32 Cr	Industrial Products	1.41%
24	Torrent Pharmaceuticals Limited ₹5.28 Cr	Pharmaceuticals & Biotechnology	1.40%
25	Engineers India Limited ₹5.11 Cr	Construction	1.35%
26	Aarti Industries Limited ₹4.92 Cr	Chemicals & Petrochemicals	1.30%
27	Mphasis Limited ₹4.80 Cr	IT - Software	1.27%
28	Balrampur Chini Mills Limited ₹4.64 Cr	Agricultural Food & other Products	1.23%
29	The Federal Bank Limited ₹4.59 Cr	Banks	1.21%
30	Bharat Electronics Limited ₹4.52 Cr	Aerospace & Defense	1.20%
31	Tube Investments of India Limited ₹4.51 Cr	Auto Components	1.19%
32	Voltamp Transformers Limited ₹4.38 Cr	Electrical Equipment	1.16%
33	Sun Pharmaceutical Industries Limited ₹4.29 Cr	Pharmaceuticals & Biotechnology	1.13%
34	Tata Motors Ltd ₹4.22 Cr	Agricultural, Commercial & Construction Vehicles	1.12%
35	Zydus Wellness Limited ₹4.23 Cr	Food Products	1.12%
36	Max Financial Services Limited ₹4.19 Cr	Insurance	1.11%
37	Berger Paints (I) Limited ₹4.12 Cr	Consumer Durables	1.09%
38	Krishna Institute Of Medical Sciences Limited ₹3.99 Cr	Healthcare Services	1.06%
39	Nephrocare Health Services Ltd ₹3.82 Cr	Healthcare Services	1.01%
40	Hindustan Aeronautics Limited ₹3.73 Cr	Aerospace & Defense	0.99%
41	Tata Consultancy Services Limited ₹3.69 Cr	IT - Software	0.98%
42	Arvind Fashions Limited ₹3.59 Cr	Retailing	0.95%
43	Tata Capital Limited ₹3.58 Cr	Finance	0.95%
44	Infosys Limited ₹3.58 Cr	IT - Software	0.95%
45	InterGlobe Aviation Limited ₹3.49 Cr	Transport Services	0.92%
46	Vedanta Aluminium Metal Limited ₹3.47 Cr	Metals & Minerals Trading	0.92%
47	Adani Enterprises Limited ₹3.32 Cr	Metals & Minerals Trading	0.88%
48	Clean Max Enviro Energy Solutions Limited # ₹3.28 Cr	Power	0.87%
49	Adani Ports and Special Economic Zone Limited ₹3.24 Cr	Transport Infrastructure	0.86%
50	Samvardhana Motherson International Limited ₹3.25 Cr	Auto Components	0.86%
51	Tata Steel Limited ₹3.14 Cr	Ferrous Metals	0.83%
52	LTIMindtree Limited ₹3.03 Cr	IT - Software	0.80%
53	Hindustan Unilever Limited ₹3.01 Cr	Diversified FMCG	0.80%
54	HDFC Life Insurance Company Limited ₹3.00 Cr	Insurance	0.79%
55	Hindustan Petroleum Corporation Limited ₹2.98 Cr	Petroleum Products	0.79%
56	Cipla Limited ₹2.89 Cr	Pharmaceuticals & Biotechnology	0.77%
57	SKY GOLD AND DIAMONDS LIMITED ₹2.84 Cr	Consumer Durables	0.75%
58	National Stock Exchange of India Ltd. ₹2.82 Cr	Capital Markets	0.75%
59	Inventurus Knowledge Solutions Limited ₹2.80 Cr	IT - Services	0.74%
60	Campus Activewear Limited ₹2.74 Cr	Consumer Durables	0.72%
61	Gokaldas Exports Limited ₹2.67 Cr	Textiles & Apparels	0.71%
62	HCL Technologies Limited ₹2.64 Cr	IT - Software	0.70%
63	Zydus Lifesciences Limited ₹2.61 Cr	Pharmaceuticals & Biotechnology	0.69%
64	STAR CEMENT LIMITED ₹2.47 Cr	Cement & Cement Products	0.65%
65	ITD Cementation India Limited ₹2.13 Cr	Construction	0.56%
66	Bharat Heavy Electricals Limited ₹2.08 Cr	Electrical Equipment	0.55%
67	Hero MotoCorp Limited ₹1.99 Cr	Automobiles	0.53%
68	ITC Limited ₹1.87 Cr	Diversified FMCG	0.49%
69	Prestige Estates Projects Limited ₹1.04 Cr	Realty	0.27%