Welcome To myplexus.com

Fund Facts
  • Name of Fund:
    Union Innovation & Opportunities
  • Opening:
    16th August 2023
  • Closing:
    30th August 2023
  • Scheme Type:
    Open Ended Equity Sectoral/ Thematic
  • Minimum Investment:
    Rs. 1,000 and in multiples of Re. 1 thereafter.
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Not Applicable
  • Exit Road:
    1% if units are redeemed/switched out on or before completion of 1 year from the date of allotment
  • Thereafter:

Fund Stats


The Investment Objective of the Scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies.

  • Benchmark:

  • NIFTY 500

  • Fund Manager:

  • Hardick Bora, Sanjay Bembalkar

Asset Allocation

80-100% Equity
upto 20% Money Market
Comparable existing schemes
ICICI Prudential Innovation Fund 14.26(6M) Not Available
Not Available Not Available Not Available

Fund Prognosis

Idea Distiller

A very unique scheme that hopes to make money from innovation from companies. Remember Tesla!!!

  • Fund House AAUM:

  • Rs. 1076512.59 Lakhs (as on 30th June 2023)

  • Fund Manager:

  • Combined experience of above 16 years

Scheme DNA 4 fundamentals

  • RISK

OOMP Factor

Lots of it but very difficult to monetise. India does not have much of a scope for innovation for listing. So tread with caution