Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 13.01 as on 24-04-2024
Fund Performance
About the Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal
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 Devesh Thacker, Vishal Thakker. This fund gives you the benefit of diversification.
Key Parameters
- Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal has ₹156 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal Overview
 | 0.41% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹156 Cr |
 | 27 February, 2019 |
 | --/-- |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 300.84% |
Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
97.7%
Corporate
1.8%
Government
0.5%
Top Holdings of Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal as on (31-Mar-24)
Equity Holdings93
Debt Holdings2
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.45% | 25% | |
 Reliance Industries Ltd | 3.37% | 0% | |
 Hero MotoCorp Ltd | 2.26% | 100% | |
 ICICI Bank Ltd | 2.15% | 183.3% | |
 Coal India Ltd | 2.04% | 0% |
See all
Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 156.4 Cr as of Mar'24
- AUM increased by 1.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal Fund Manager
Devesh Thacker
Fund Manager of Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal, since 27 February 2019
Top funds managed
Vishal Thakker
Fund Manager of Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal, since 27 February 2019
Top funds managed
Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 5.64% since inception which is more than its category average return of 5.18%
AUM size ₹156 Cr
This fund has AUM of ₹156 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.41%
This fund has an expense ratio of 0.41% 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 ₹13.01 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.85% | 0.85% |
6 Month Returns | 4.11% | 4.11% |
1 Year Returns | 8.39% | 8.39% |
3 Years Returns | 18.77% | 5.9% |
5 Years Returns | 31.45% | 5.62% |
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.
0.41% as on March 2024
₹156 Cr as on March 2024
Union Liquid Dir Gr(11.63%), HDFC Bank Ltd(5.45%), Reliance Industries Ltd(3.37%), Hero MotoCorp Ltd(2.26%), ICICI Bank Ltd(2.15%) as on March 2024
Cash Equivalent(95.56%), Corporate(3.46%), Government(1.57%) as on March 2024
AAA | 100 |
Devesh Thacker, Vishal Thakker 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%