Union Mutual Fund

About Union Mutual Fund

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.

Incorporated	30 Dec. 2009
Mdceo	Madhukumar Nair
Trustee	Union Trustee Company Pvt.Ltd.
Cio	Harshad Patwardhan

How to Invest in Union Mutual Fund?

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). 

Documents Required to Invest in Union Mutual Fund:

Here are the documents required in order to invest in a mutual funds scheme through Bajaj Markets.

 

• PAN Card

• Voter ID

• Driving Licence

• Passport

Top Fund Managers

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.

1. Sanjay Bembalkar

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.

2. Hardick Bora

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.

3. Devesh Thacker

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.

4. Parijat Agrawal

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.

Email	investorcare@unionmf.com
Phone	(022) 6748 3300
Address	Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East)