Union Business Cycle Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 10.48 as on 02-05-2024
About the Fund
Union Business Cycle Fund Direct Growth is an equity fund. This fund was started on 5 March, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Business Cycle Fund Direct Growth has ₹421 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Fund Performance
113 people have invested ₹ 42.6L in Union Business Cycle Fund Direct Growth in the last three months
Overview
 | 1.2% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹421 Cr |
 | 5 March, 2024 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Union Business Cycle Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
59.4%
Mid cap
19.3%
Small cap
7.2%
Sector Allocation
Financial Services
21.1%
Consumer Cyclical
17.6%
Health
12.5%
Industrial
11.3%
Energy
11%
Utilities
7.2%
Basic Materials
5%
Real Estate
4.9%
Tech
4.7%
Communication
4.7%
Top Holdings of Union Business Cycle Fund Direct Growth as on (30-Apr-24)
Equity Holdings53
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 6.53% | 0% | |
 ICICI Bank Ltd | 4.95% | 0% | |
 State Bank of India | 3.9% | 0% | |
 Zomato Ltd | 3.46% | 0% | |
 Larsen & Toubro Ltd | 2.97% | 0% |
See all
Gainers & Losers Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 GE T&D India Ltd | 29.7% |
 Bharti Airtel Ltd | 9.4% |
 State Bank of India | 7.8% |
Peer Analysis
Union Business Cycle Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 4.3% since inception (05nd Mar 2024)
Fund Allocations
This fund has an allocation of 85.84% in Equity, 0% in Debt and 14.16% in Cash related instruments
AUM size ₹421 Cr
This fund has AUM of ₹421 Cr which is less than its category average of ₹ 1770 Cr
Expense Ratio 1.2%
This fund has an expense ratio of 1.2% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Union Business Cycle Fund Direct Growth is ₹10.48 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Union Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.06% | 3.06% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
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.
1.2% as on April 2024
₹421 Cr as on April 2024
Reliance Industries Ltd(6.53%), ICICI Bank Ltd(4.95%), State Bank of India(3.9%), Zomato Ltd(3.46%), Larsen & Toubro Ltd(2.97%) as on April 2024
Financial Services(18.13%), Consumer Cyclical(15.13%), Health(10.76%) as on April 2024
The alpha ratio for the Union Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Business Cycle Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Union Business Cycle Fund Direct Growth is calculated against IISL Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Union Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Business Cycle Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Union Business Cycle Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Union Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Business Cycle Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Union Business Cycle Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Union Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Business Cycle Fund Direct Growth | - | - | - |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of Union Business Cycle Fund Direct Growth is 1%