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

Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal

Hybrid
Direct
Arbitrage Fund

NAV: ₹ 11.6 as on 30-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1%
1.8%
3.8%
4.3%
Benchmark
0.4%
0.8%
1.9%
3.6%
3.8%
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 Devesh Thacker, Vishal Thakker. This fund gives you the benefit of diversification.

Key parameters

1) Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal has a NAV of 11.5894 as on 30-09-2022.

2) Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal has 93 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.39 %.

Fund Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹93 Cr
Inception Date
Inception Date
27 February, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1541.98%

Fund Distribution

  • Equity 0.2%
  • Debt & Cash 99.8%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

31.3%

Basic Materials

12.8%

Energy

12.8%

Tech

10.5%

Consumer Cyclical

10.1%

Industrial

7.7%

Consumer Defensive

6.6%

Health

3.1%

Utilities

2.8%

Communication

2.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings110
Equity Holdings101
Debt Holdings9
Holdings
Weight%
Holdings Trend
1M Change
icon
Cash Offset For Derivatives
69.71%
2.2%
icon
Union Liquid Dir Gr
13.9%
0%
icon
Net Receivable / Payable
5.09%
0%
icon
Future on Adani Enterprises Ltd
4.98%
0%
icon
Future on Housing Development Finance Corp Ltd
4.97%
-8.7%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 0.5 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 93.4 Cr
Jul'22
₹ 93.9 Cr
Jun'22
₹ 95.5 Cr

Fund Returns vs Benchmark

Aug'22
-0.05%
Jul'22
-0.05%
Jun'22
0.39%
0.32%
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 Overnight Fund Direct Growth
3.64%
--
Union Dynamic Bond Fund Direct Growth Option
4.58%
5.06%
Union Liquid Fund Direct Plan Growth Option
4.14%
3.19%
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
4.44%
3.84%

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
+912224833300
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 4.73% since inception which is less than its category average return of 5.02%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.25% in Equity, 4.66% in Debt and 95.09% in Cash related instruments
AUM size ₹93 Cr

AUM size ₹93 Cr

This fund has AUM of ₹93 Cr which is less than its category average of ₹ 3302 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.72%

Frequently Asked Questions

The current NAV of Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal is 11.59.
Existing (Absolute + CAGR)
Union Arbitrage Fund Direct Transfer of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.46%
0.46%
6 Month Returns
1.77%
1.77%
1 Year Returns
3.82%
3.82%
3 Years Returns
13.54%
4.32%
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.
0.39 as on September 2022
93 Cr as on September 2022
Adani Enterprises Ltd(4.96%),Housing Development Finance Corp Ltd(4.95%),HDFC Bank Ltd(4.9%),ICICI Bank Ltd(4.05%),Reliance Industries Ltd(3.39%) as on September 2022
Cash Equivalent(90.59%),Government(6.21%),Corporate(2.95%) as on September 2022
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%