Objective: The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments.
Union Arbitrage Fund Direct Growth is an Alternative - Arbitrage Fund fund. The fund was launched inFeb 27, 2019. Its risk level is . The NAV of the fund as onJul 21, 2025 is ₹14.58. Its expense ratio is 0.44 %. The fund has an AUM of ₹334.66 Cr.The fund is managed byDevesh Thacker,Vishal Thakker.
The minimum initial investment is ₹1000 in Lumpsum mode.