Union Mutual Fund is sponsored by Union Bank of India and Dai-ichi Life Holdings, Inc. 

Union Bank of India

Union Bank of India is one of the leading public sector banks in India and is headquartered in Mumbai. As on May 31, 2021, the Bank had a network of about 9312 domestic branches, 3 foreign branches, 1 representative offices and 1 subsidiary office & 1 Joint venture Banking co. and over 30 million customers. Moreover, all of these branches are integrated under the Core Banking Solution. Union Bank of India was one of the first large public sector banks in the country to have implemented 100% networking of branches

Dai-ichi Life Holdings, Inc.

Dai-ichi Life Holdings, Inc. ("Dai-ichi Life") is a stock company with limited liability, incorporated under the laws of Japan in the year 1902 and listed on the Tokyo Stock Exchange. Dai-ichi Life is a financial services holding company engaged in carrying out both insurance and non-insurance (including asset management) businesses through various subsidiaries and associate companies.  Over the past 10 years, Dai-ichi Life has expanded its business globally and is currently engaged in the life insurance sectors of 8 jurisdictions other than Japan. In addition to the life insurance business, Dai-ichi Life is also engaged in the business of asset management. Daiichi Life carries out asset management business in Japan and overseas through its group Company, Asset Management One Co. Ltd. is a global asset management company that provides customers with high quality products and services. Dai-ichi Life is a committed and reputable player in the insurance and asset management business.