Hybrid
Direct
Aggressive Allocation
NAV as on 05-11-2024
₹ 18.1
1D
Inception Returns
16.4%
/yr
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.
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.
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.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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 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.
Expense ratio | 1.26% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
AUM | ₹666 Cr |
Inception Date | 18 December, 2020 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 122.1% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (05-Nov-24)
as on (30-Sep-24)
Top 3 Sectors in September were Corporate, Government & Financial Services
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% |
AAA | 100 |