AMC Profile · Specialized Investment Funds

Union SIF — Every Union SIF Fund Reviewed

Independent SIFPrime analysis of every Specialized Investment Fund from Union Mutual Fund. Live NAV, since-inception returns, Alpha Shield capital-protection score, and how each Union SIF fund stacks up against its category peers.

SIF count

Founded

2011

Firm AUM

₹13,500 crore

First SIF launched

Q2 2026

About Union Mutual Fund

Union Mutual Fund is a joint venture between Union Bank of India and Dai-ichi Life. A smaller AMC with tight risk management and a growing focus on factor-based strategies.

Union's SIF approach focuses on disciplined long-short equity within a conservative risk framework, leveraging the Japanese institutional investing tradition through their Dai-ichi partnership.

All Union SIF Funds

Fund	Category	Inception	Current NAV	Since Inception
Arthaya Arthaya Equity Long-Short	Equity Long Short	18 May 2026	₹10.0851	+0.94%

Frequently asked questions about Union SIF

What is Union SIF?: Union SIF is the brand under which Union Mutual Fund offers its Specialized Investment Funds — a SEBI-regulated category launched on April 1, 2025 that bridges mutual funds and PMS. Union Mutual Fund launched its first SIF in Q2 2026.
How many SIFs does Union have?: Union Mutual Fund currently offers 1 Specialized Investment Fund: Arthaya. It is all listed below with live NAV, since-inception returns, and SIFPrime's Alpha Shield capital-protection score.
Is Union's SIF a good investment?: "Good" depends on your risk profile and time horizon. Where sufficient official history exists, Alpha Shield v2 adds a benchmark-aligned view of downside capture, drawdown protection, recovery and consistency. Newer Union SIF funds remain unscored rather than receiving a proxy score. Always read the Scheme Information Document and consult a SEBI-registered investment advisor before committing ₹10 lakh.
What's special about Union's SIF approach?: Union's SIF approach focuses on disciplined long-short equity within a conservative risk framework, leveraging the Japanese institutional investing tradition through their Dai-ichi partnership.
What is the minimum investment in Union SIF?: ₹10,00,000 (10 lakh rupees) per PAN — the SEBI-mandated floor for all Specialized Investment Funds in India, regardless of AMC. There is no upper limit. Union Mutual Fund accepts subscriptions through Direct (their website, no commission) and Regular (via empanelled MFDs and RIAs).
Where can I see live Union SIF NAV?: SIFPrime updates Union SIF NAVs daily — see the fund table below. The official Union website also publishes NAV and is the source we cross-check against.

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