Union Mutual Fund is the investment arm of Union Bank of India, established in 2009. It offers a range of mutual fund schemes, including equity, debt, hybrid, and solution-oriented funds, with an AUM of approximately Rs. 13,600 crores as of December 2023[1][5]. The company targets retail and institutional investors seeking long-term wealth creation and financial independence[5]. Its unique selling proposition is leveraging Union Bank's extensive client base and strategic partnerships, such as with Dai-ichi Life Holdings, to provide diversified investment options[1][3].