Union Aggressive Hybrid Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth

Hybrid

Direct

Aggressive Allocation

NAV as on 05-11-2024

₹ 18.1

-0.7%

1D

Inception Returns

16.4%

/yr

About Union Aggressive Hybrid Fund Direct Growth

Union Aggressive Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 18 December, 2020. The fund is managed by Sanjay Bembalkar, Hardick Bora. This fund gives you the benefit of diversification.

Key Parameters

  1. Union Aggressive Hybrid Fund Direct Growth has ₹666 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 1.3.

Returns

Union Aggressive Hybrid Fund Direct Growth has given a CAGR return of 16.41% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 25.12% and 11.41% respectively.

Holdings

Union Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Cash Equivalent, Consumer Cyclical, Industrial, Tech, Basic Materials, Energy, Consumer Defensive, Health, Communication, Utilities, Real Estate.

Taxation

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Union Aggressive Hybrid Fund Direct Growth

The investment objective of the Scheme is to achieve long term capital growth and generate income from a portfolio, predominantly of equity and equity related securities. The scheme will also invest in debt & money market instruments. However, there is no assurance that the Investment Objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Aggressive Hybrid Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
18 people have invested ₹ 2.4L in Union Aggressive Hybrid Fund Direct Growth in the last three months

Union Aggressive Hybrid Fund Direct Growth Overview

Expense ratio1.26%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹666 Cr
Inception Date18 December, 2020
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
122.1%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (05-Nov-24)

Period
Union Aggressive Hybrid Fund Direct Growth
Aggressive Allocation Index
1M
-2.6%
-2.5%
3M
-0.8%
-0.9%
6M
6.9%
8.6%
1Y
25.1%
28.8%
3Y
11.4%
13.4%

Fund Distribution

as on (30-Sep-24)

  • Equity 76.4%

  • Debt & Cash 23.6%

Large cap
56.4%

Mid cap
11.3%

Small cap
8.8%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
28.8%
Consumer Cyclical
12.4%
Industrial
10.7%
Tech
10.3%
Basic Materials
8.4%
Energy
7.1%
Consumer Defensive
6.6%
Health
6.4%
Communication
5.1%
Utilities
2.9%
Real Estate
1.3%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 652 Cr
₹ 652 Cr
₹ 649 Cr
  • AUM of the fund stands at 652 Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24

Top 3 Sectors in September were Corporate, Government & Financial Services

Sep'24
Corporate
45%
Government
29%
Financial Services
29%
Aug'24
Corporate
44%
Government
29%
Financial Services
28%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
71
68
67
Top 5 Company Concentration
24.1%
24%
23.6%
Company having highest exposure
HDFC Bank Ltd (7.6%)
HDFC Bank Ltd (7.3%)
HDFC Bank Ltd (7.3%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
126.2%
127.5%
130.7%
Sector having highest exposure
Corporate (45.2%)
Corporate (44.2%)
Corporate (45.5%)
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Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Aggressive Hybrid Fund Direct Growth, since 25 January 2023
Hardick Bora
Hardick Bora
Fund Manager of Union Aggressive Hybrid Fund Direct Growth, since 18 December 2020
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹22.45K Cr
as on 30-Sep-2024
Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Website
investorcare@unionmf.com

Union Aggressive Hybrid Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.41% since inception which is more than its category average return of 13.16%
Fund Allocations

Fund Allocations

This fund has an allocation of 76.4% in Equity, 17.53% in Debt and 6.07% in Cash related instruments
AUM size ₹666 Cr

AUM size ₹666 Cr

This fund has AUM of ₹666 Cr which is less than its category average of ₹ 5866 Cr
Expense Ratio 1.26%

Expense Ratio 1.26%

This fund has an expense ratio of 1.26% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions for Union Aggressive Hybrid Fund Direct Growth

The current NAV of Union Aggressive Hybrid Fund Direct Growth is ₹18.1 as on 05-Nov-2024.
Existing (Absolute + CAGR) as on 05-Nov-2024.
Union Aggressive Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.59%
-2.59%
6 Month Returns
6.88%
6.88%
1 Year Returns
25.12%
25.12%
3 Years Returns
38.27%
11.41%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.26% as on October 2024
₹666 Cr as on October 2024
HDFC Bank Ltd(7.61%), ICICI Bank Ltd(6.31%), Reliance Industries Ltd(4.48%), Rural Electrification Corporation Limited(3.82%), Power Finance Corporation Ltd.(3.78%) as on October 2024
Financial Services(22.01%), Corporate(10.67%), Consumer Cyclical(9.51%) as on October 2024
AAA
100
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Aggressive Hybrid Fund Direct Growth
The Exit load of Union Aggressive Hybrid Fund Direct Growth is 1%