Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal

Hybrid
Direct
Arbitrage Fund
Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal

About the Fund

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

Key Parameters

  1. Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal has ₹201 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal has given a CAGR return of 5.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.52%, 6.14% and 5.64% respectively.

Holdings

Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Consumer Cyclical, Energy, Health, Communication, Consumer Defensive, Corporate, Tech, Utilities, Real Estate, Government.

Taxation

As it is a arbitrage fund 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 Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.4%
Benchmark
NIFTY 50 Arbitrage TR INR
AUM₹201 Cr
Inception Date27 February, 2019
Min Lumpsum/SIP--/--
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
300.84%
Risk
Risk meter
pointer
Low Risk

Fund Distribution
as on (31-May-24)

  • Equity 1.3%

  • Debt & Cash 98.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
24.6%
Basic Materials
15.8%
Industrial
15.7%
Consumer Cyclical
9.5%
Energy
9.1%
Health
8.6%
Communication
5.2%
Consumer Defensive
4.1%
Tech
3.3%
Utilities
2%
Real Estate
2%
All changes are between Oct'69 and Dec'69

Vishal Thakker
Vishal Thakker
Fund Manager of Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal, since 27 February 2019
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Union Arbitrage Fund Direct Growth
6.14%
5.53%
Devesh Thacker
Devesh Thacker
Fund Manager of Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal, since 27 February 2019

Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal Highlights

Risk meter
pointer

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 5.73% since inception which is more than its category average return of 5.26%
Fund Allocations

Fund Allocations

This fund has an allocation of 1.25% in Equity, 0% in Debt and 98.72% in Cash related instruments
AUM size ₹201 Cr

AUM size ₹201 Cr

This fund has AUM of ₹201 Cr which is less than its category average of ₹ 6913 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal is ₹13.2 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.86%
0.86%
6 Month Returns
4.58%
4.58%
1 Year Returns
8.52%
8.52%
3 Years Returns
19.56%
6.14%
5 Years Returns
31.56%
5.64%
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.
0.4% as on May 2024
₹201 Cr as on May 2024
Union Liquid Dir Gr(13.4%), HDFC Bank Ltd(4.31%), Kotak Mahindra Bank Ltd(2.21%), Reliance Industries Ltd(1.96%), Coal India Ltd(1.8%) as on May 2024
Cash Equivalent(93.57%), Corporate(3.38%), Government(1.8%) as on May 2024
AAA
100
Vishal Thakker, Devesh Thacker are the fund managers of Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal
The Exit load of Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal is 0.25%