Union Mutual Fund was established in 2011. Union Mutual Fund offers a wide range of mutual fund schemes, including debt, equity, hybrid, and tax-saving schemes. As of February 2023, the company has assets under management (AUM) worth ₹9.76 Lakh Crores.
The company provides 22 mutual fund schemes, including equity, debt and hybrid funds. Some popular funds include the Union Small Cap Fund, the Union Tax Saver Fund, and the Union Flexi Cap Fund. Some of these have secured returns over 20% in a 3-year window.
|Created||19 Oct. 2021|
|Incorporated||30 Dec. 2009|
|Mdceo||G Pradeep Kumar|
|Trustee||Union Trustee Company Pvt.Ltd.|
Investing in Mutual Funds on Bajaj Markets includes a hassle-free, end-to-end online procedure with no tedious form filling or branch visitations. You can follow the steps given below on the Bajaj Markets website and the app as well.
Step 1: Log in using your mobile phone number
Step 2: Under ‘Investments’, choose ‘Mutual Funds’
Step 3: Fill in basic information such as your bank account number, PAN Card number, etc.
Step 4: Start your investment journey with Bajaj Markets once your account has been activated
You can invest through various payment methods like UPI, net banking, real-time gross settlement (RTGS), and national electronic funds transfer (NEFT).
Here are the documents required in order to invest in a mutual funds scheme through Bajaj Markets.
With the experience, expertise and investment strategies of its fund managers, Union Mutual Fund caters to diverse portfolios. Here are the top fund managers at the AMC.
Sanjay Bembalkar is Co-Head of Equities with extensive experience in the Indian mutual fund industry. He is associated with Union Mutual Fund and has been with the AMC since 2021, where he manages a variety of schemes. Before joining Union Mutual Fund, his stints with other asset management companies included Canara Robeco Asset Management Company Limited and LIC Mutual Fund.
Sanjay has a diverse educational background, pursuing an MSc in Accounting and Finance degree from the London School of Economics. He has certification for CFA from CFA Institute, USA and ACA from ICAI. He manages several schemes, including the Union Flexi Cap Fund and the Union Multicap Fund and oversees an AUM worth ₹7,150 Crores.
Hardick Bora is a Co-Head of Equity associated with Union Mutual Fund. He has been with the AMC since 2014. He has a B.Com degree along with CFA certification. With over 14 years of experience, he now oversees an AUM worth ₹7,100 Crores in several schemes, including the Union Small Cap Fund and the Union Focused Fund.
He is Fixed Income Fund Manager (Senior Vice President) with Union Mutual Fund. He joined the AMC in 2010 and managed several schemes, including Union Arbitrage Fund (Debt Portion) and Union Dynamic Bond Fund.
With the experience of over 22 years, he holds an MBA in Finance from Savitri Phule Pune University and a B.Com from the University of Pune. Before joining Union Mutual Fund, he worked with several other mutual fund houses, including Sahara Mutual Fund and ICICI Bank. He has an AUM of ₹2,150 Crores.
Parijat Agrawal is a Head of Fixed Income associated with Union Mutual Fund. He joined the AMC in 2010. Before joining Union Mutual Fund, he was the Head of Fixed Income at SBI Mutual Fund and Head of Treasury at the State Bank of Mauritius.
Parijat holds a degree in engineering and an MBA in finance, which have equipped him with a solid foundation in financial analysis and investment management. With over 26 years of experience, he manages several schemes, including the Union Hybrid Equity Fund, Union Balanced Advantage Fund and Union Equity Savings Fund. He oversees an AUM worth ₹4,945 Crores.
|Phone||(022) 6748 3300|
|Address||Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East)|
Union Mutual Fund offers 22 mutual fund schemes across different categories.