Gaurav Chopra Leads Union AMC Equity with ₹3,600 Cr AUM

Gaurav Chopra, a seasoned professional with a decade in equity research and fund management, has ascended to a pivotal role as Fund Manager – Equity at Union AMC. His journey reflects a strategic evolution in investment philosophy, now guiding a substantial portfolio.

Chopra, who completed his Chartered Accountancy and CFA Level III in Mumbai, commenced his career at Barclays before a five-year tenure at Centrum PMS. This buy-side experience was crucial in shaping his initial investment approach. He subsequently joined Union Mutual Fund in 2020 as a research analyst, earning a promotion to fund manager in 2023.

Key Schemes Under Management

As of June 30, 2026, Chopra oversees four significant schemes, demonstrating his broad impact across various market segments:

• Union Midcap Fund: INR 1,846.92 crore AUM
• Union Innovation and Opportunities Fund: INR 1,209.66 crore AUM
• Union Active Momentum Fund: INR 502.90 crore AUM
• Union Children’s Fund: INR 89.83 crore AUM

The cumulative assets under his management underline a significant responsibility within Union AMC’s equity division.

Evolving Investment Philosophy

Chopra’s investment philosophy has notably shifted from a pure value-based approach to one focused on ‘growth at a reasonable price.’ This methodology integrates both qualitative and quantitative analyses. He prioritizes businesses and their management teams that exhibit robust capital allocation capabilities, alongside a demonstrable capacity for innovation and market disruption.

This analytical framework allows Chopra to identify companies poised for sustainable expansion. He finds considerable satisfaction in continuous learning from industry leaders and observing his carefully crafted investment strategies deliver positive returns for investors, solidifying his impact at Union AMC.