Union Arbitrage Fund Direct Growth
Union Arbitrage Fund Direct Growth

Union Arbitrage Fund Direct Growth

Compare
Hybrid
Direct
Arbitrage Fund

NAV: ₹ 12 as on 06-12-2022

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 1.6K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.2%
2.2%
3.8%
4.3%
Benchmark
0.4%
1%
1.9%
3.5%
3.7%
About the Fund

Union Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on  27 February, 2019. The fund is managed by Devesh Thacker, Vishal Thakker. This fund gives you the benefit of diversification.

Key parameters

1) Union Arbitrage Fund Direct Growth has a NAV of 11.9643 as on 06-12-2022.

2) Union Arbitrage Fund Direct Growth has 75 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.38 %.

Fund Overview

Expense ratio
Expense ratio
0.38%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹75 Cr
Inception Date
Inception Date
27 February, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1508.08%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Cash Equivalent

91.4%

Government

6.3%

Corporate

2.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings92
Equity Holdings86
Debt Holdings6
Holdings
Weight%
Holdings Trend
1M Change
icon
Cash Offset For Derivatives
69.18%
-2.5%
icon
Union Liquid Dir Gr
12.92%
-4.9%
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Treps
5.94%
0%
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364 Dtb 16032023
5.83%
0%
icon
Future on Housing Development Finance Corp Ltd
5.73%
-10.8%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 3 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 75.3 Cr
Sep'22
₹ 78.3 Cr
Aug'22
₹ 93.4 Cr

Fund Returns vs Benchmark

Oct'22
0.00%
-0.05%
Sep'22
0.46%
0.42%
Aug'22
0.50%
0.45%
Fund Return
Benchmark Return

Fund Manager

Devesh Thacker

Devesh Thacker

Managing this fund since 27 February 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Union Dynamic Bond Fund Direct Growth Option
4.8%
5.42%
Union Liquid Fund Direct Plan Growth Option
4.21%
1.29%
Union Overnight Fund Direct Growth
3.7%
--
Vishal Thakker

Vishal Thakker

Managing this fund since 27 February 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Union Arbitrage Fund Direct Growth
4.31%
3.69%

AMC details

Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Fund House
Union Asset Management Co. Pvt. Ltd.

Fund Highlights

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Low Risk

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

About the fund

This fund has delivered an average annual returns of 4.81% since inception which is less than its category average return of 4.91%
AUM size ₹75 Cr

AUM size ₹75 Cr

This fund has AUM of ₹75 Cr which is less than its category average of ₹ 3107 Cr
Expense Ratio 0.38%

Expense Ratio 0.38%

This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.73%

Frequently Asked Questions

The current NAV of Union Arbitrage Fund Direct Growth is 11.97.
Existing (Absolute + CAGR)
Union Arbitrage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.5%
0.5%
6 Month Returns
2.24%
2.24%
1 Year Returns
3.83%
3.83%
3 Years Returns
13.49%
4.31%
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.
0.38 as on November 2022
75 Cr as on November 2022
Housing Development Finance Corp Ltd(5.71%),HDFC Bank Ltd(5.14%),Reliance Industries Ltd(4.74%),ICICI Bank Ltd(3.82%),Kotak Mahindra Bank Ltd(3.33%) as on November 2022
Cash Equivalent(91.66%),Government(6.33%),Corporate(2.3%) as on November 2022
AAA
100
Devesh Thacker,Vishal Thakker are the fund managers of Union Arbitrage Fund Direct Growth
The Exit load of Union Arbitrage Fund Direct Growth is 0.25%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.