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Union Mutual Fund
3.5
based on 99 Reviews

Video summary
Company Overview
Company Locations
Working at Union Mutual Fund
Company Summary
Overall Rating
3.5/5
based on 99 reviews

8% below
industry average

Critically rated for
Promotions, Skill development, Salary
Work Policy

Work from office
85% employees reported

Monday to Friday
62% employees reported

Flexible timing
55% employees reported

Within city
66% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
3 employees reported
Professional degree assistance
2 employees reported
Job/Soft skill training
1 employee reported
Office cab/shuttle
1 employee reported
View detailed benefits
About Union Mutual Fund
Founded in2009 (16 yrs old)
India Employee Count501-1k
Global Employee Count--
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websiteunionmf.com
Primary Industry
Other Industries
--
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Union Mutual Fund Ratings
based on 99 reviews
Overall Rating
3.5/5
How AmbitionBox ratings work?

5
34

4
23

3
19

2
8

1
15
Category Ratings
3.7
Work-life balance
3.5
Company culture
3.4
Work satisfaction
3.3
Job security
3.3
Salary
3.2
Skill development
3.2
Promotions
Union Mutual Fund is rated 3.5 out of 5 stars on AmbitionBox, based on 99 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Union Mutual Fund
based on 96 reviews
3.3
Rated by 11 Women
Rated 3.8 for Company culture and 3.6 for Work-life balance
3.6
Rated by 85 Men
Rated 3.7 for Work-life balance and 3.5 for Company culture
Work Policy at Union Mutual Fund
based on 20 reviews in last 6 months

Work from office
85%

Hybrid
15%
Union Mutual Fund Reviews
Top mentions in Union Mutual Fund Reviews
Compare Union Mutual Fund with Similar Companies
![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
---|---|---|---|---|
Overall Rating | 3.5/5 based on 99 reviews | 3.9/5 based on 640 reviews | 4.2/5 based on 1.5k reviews | 3.5/5 based on 726 reviews |
Highly Rated for | ![]() No highly rated category | Skill development Work-life balance Company culture | Work-life balance Salary Skill development | ![]() No highly rated category |
Critically Rated for | Skill development Promotions Salary | ![]() No critically rated category | ![]() No critically rated category | Job security |
Primary Work Policy | Work from office 85% employees reported | Permanent work from home 51% employees reported | Permanent work from home 36% employees reported | Permanent work from home 41% employees reported |
Rating by Women Employees | 3.3 Average rated by 11 women | 4.1 Good rated by 61 women | 4.5 Good rated by 644 women | 3.4 Average rated by 262 women |
Rating by Men Employees | 3.6 Good rated by 85 men | 3.7 Good rated by 488 men | 3.9 Good rated by 774 men | 3.7 Good rated by 358 men |
Job security | 3.3 Average | 3.4 Average | 4.0 Good | 3.3 Average |
View more
Union Mutual Fund Salaries
Union Mutual Fund salaries have received with an average score of 3.3 out of 5 by 99 employees.
Relationship Manager
(81 salaries)

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₹3 L/yr - ₹6.2 L/yr
Relationship Executive
(73 salaries)

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₹3.2 L/yr - ₹5 L/yr
Relationship Officer
(69 salaries)

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₹2.4 L/yr - ₹4.2 L/yr
Deputy Manager
(14 salaries)

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₹6 L/yr - ₹9.8 L/yr
Associate Vice President
(7 salaries)

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₹11 L/yr - ₹17 L/yr
Cluster Manager
(6 salaries)

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₹5.3 L/yr - ₹9.8 L/yr
Cluster Sales Manager
(6 salaries)

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₹7.5 L/yr - ₹10.3 L/yr
Office Assistant
(6 salaries)

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₹1.3 L/yr - ₹2 L/yr
Operations Executive
(6 salaries)

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₹2.7 L/yr - ₹5 L/yr
Risk Analyst
(5 salaries)

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₹3.2 L/yr - ₹12.4 L/yr
Union Mutual Fund News
Union AMC bets big on FY26 Income Tax regime for more fund flows to SIP’s
- The proposed Income Tax exemption for individuals earning up to ₹12 lakh annually is expected to increase disposable income and encourage investment through SIPs.
- Union Mutual Fund believes the current environment offers an opportunity for investors to align their financial plans with long-term wealth creation.
- Investors are increasingly turning to SIPs as traditional fixed income options become less lucrative.
- Union AMC aims to increase assets under management to ₹1 lakh crore and investor base to 30 lakh over the next four years.
HinduBusinessLine | 22 Apr, 2025

Monthly SIP inflows may rise to ₹40,000 cr in 18-24 months: Union AMC CEO
- SIP inflows stood at ₹25,925 crore in March, with a declining trend over the past four months amidst market volatility.
- Monthly SIP contributions increased to ₹24,113 crore in 2024-25, highlighting the maturity of retail investors.
- SIP account numbers declined slightly, from 8.4 crore to 8.11 crore in March 2025.
- Union AMC CEO is optimistic that SIP inflows may rise to ₹40,000 crore in 18-24 months, driven by investor-friendly tax regime and improved market valuations.
HinduBusinessLine | 14 Apr, 2025

Union MF expects AUM to touch ₹1 lakh crore despite market volatility
- Union Mutual Fund expects its assets under management to touch ₹1 lakh crore despite market volatility.
- The fund house aims to increase its SIP book to ₹400 crore a month in the next three years.
- Despite recent market crashes, there has been no significant increase in redemption for Union Mutual Fund.
- Union Mutual Fund is upgrading Indian market outlook to 'attractive zone' and expects its AUM to reach ₹20,000 crore in this fiscal year.
HinduBusinessLine | 8 Apr, 2025

Turn to Gold: Union MF Launches Dual NFOs
- Union Mutual Fund has launched two New Fund Offers (NFOs)—Union Gold ETF and Union Gold ETF Fund of Fund (FoF).
- Both NFOs provide investors with an opportunity to add gold exposure to their portfolios in a structured and convenient manner.
- The Union Gold ETF is an open-ended scheme replicating/tracking the domestic price of gold.
- The Union Gold ETF Fund of Fund (FoF) is an open-ended scheme fund that invests in units of Union Gold ETF, offering indirect exposure to gold.
Startupreporter | 14 Feb, 2025

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Union Mutual Fund FAQs
When was Union Mutual Fund founded?
Union Mutual Fund was founded in 2009. The company has been operating for 16 years primarily in the Financial Services sector.
Where is the Union Mutual Fund headquarters located?
Union Mutual Fund is headquartered in Mumbai,Maharashtra.
How many employees does Union Mutual Fund have in India?
Union Mutual Fund currently has approximately 700+ employees in India.
Does Union Mutual Fund have good work-life balance?
Union Mutual Fund has a Work-Life Balance Rating of 3.7 out of 5 based on 90+ employee reviews on AmbitionBox. 58% employees rated Union Mutual Fund 4 or above, while 42% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Union Mutual Fund work-life balance reviews for more details.
Is Union Mutual Fund good for career growth?
Career growth at Union Mutual Fund is rated as moderate, with a promotions and appraisal rating of 3.2. 42% employees rated Union Mutual Fund 3 or below, while 58% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Union Mutual Fund reviews for more detailed insights.
What are the cons of working in Union Mutual Fund?
Working at Union Mutual Fund does have some drawbacks that potential employees should consider. The company is poorly rated for skill development, promotions / appraisal and salary & benefits, based on 90+ employee reviews on AmbitionBox.
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