Mirae Asset Mutual Fund
Mirae Asset Infrastructure Fund - Direct Plan - Growth
Sectoral / Thematic
— 3Y CAGR
Union Mutual Fund
Sectoral / Thematic · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Union Business Cycle Fund is a Sectoral / Thematic fund from Union Mutual Fund, with NAVs going back to March 2024. This page covers its direct plan, growth option. It manages ₹474 crore, the 189th largest of 246 Sectoral / Thematic funds. Its expense ratio is 1.81% a year, higher than the median of 1.15% for Sectoral / Thematic funds.
Over the last year it returned -2.88%, 105th of 227 Sectoral / Thematic funds (median -3.45%). It is 4.96 percentage points a year ahead of its benchmark, the Nifty 500 TRI, over the last year, on AMFI's figures. Its biggest fall from a peak since March 2024 was 19.9%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-2.88%
Since launch (12 Mar 2024)
+5.46%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -2.62% | -7.58% | +4.96 pts |
| Since launch | +5.55% | +3.83% | +1.72 pts |
Measured from this fund's own daily NAVs over the last 2.6 years.
Volatility (annualised)
15.5%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-19.9%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 12 Mar 2024.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Union Mutual Fund's website before you invest.
Funds next to Union Business Cycle Fund, in the same category, ranked by fund size.
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Sectoral / Thematic
— 3Y CAGR
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Union Business Cycle Fund - Direct Plan - Growth Option
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