Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option

Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option

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Equity
Direct
Equity - Other
NAV: ₹ 10.84 as on 21-05-2024

About the Fund

Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option 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

  1. Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option has ₹449 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.
Fund Performance

Overview

Expense ratio
Expense ratio
1.2%
Benchmark
Benchmark
IISL Nifty 500 TR INR
AUM
AUM
₹449 Cr
Inception Date
Inception Date
5 March, 2024
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option Distribution as on (30-Apr-24)

  • Equity 95.3%

  • Debt & Cash 4.7%

Size breakup

Large cap
51.2%
Mid cap
29.7%
Small cap
14.4%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
21%
Industrial
18.3%
Consumer Cyclical
13.5%
Basic Materials
9.4%
Energy
9.3%
Health
7.9%
Real Estate
7.1%
Utilities
5.5%
Communication
5.2%
Tech
2.7%

Top Holdings of Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option as on (30-Apr-24)

  • Equity

Equity Holdings59

Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered returns of 8.4% since inception (05nd Mar 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 95.28% in Equity, 0% in Debt and 4.72% in Cash related instruments
AUM size ₹449 Cr

AUM size ₹449 Cr

This fund has AUM of ₹449 Cr which is less than its category average of ₹ 1861 Cr
Expense Ratio 1.2%

Expense Ratio 1.2%

This fund has an expense ratio of 1.2% which is less than its category average expense ratio of 1.3%

Frequently Asked Questions

The current NAV of Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option is ₹10.84 as on 21-May-2024.
Existing (Absolute + CAGR) as on 21-May-2024.
Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
7.33%
7.33%
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
₹449 Cr as on April 2024
Reliance Industries Ltd(6.04%), ICICI Bank Ltd(4.88%), Maruti Suzuki India Ltd(4.19%), State Bank of India(4.02%), Zomato Ltd(3.44%) as on April 2024
Financial Services(20.04%), Industrial(17.44%), Consumer Cyclical(12.85%) as on April 2024
The alpha ratio for the Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option
-
-
-
As on April 2024
The alpha for Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option
-
-
-
As on April 2024
The Beta for Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option
-
-
-
As on April 2024
The sharpe ratio for Union Business Cycle Fund Direct Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option
-
-
-
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 Payout of Income Distribution cum capital withdrawal option is 1%