Union Equity Savings Fund Direct Growth
Union Equity Savings Fund Direct Growth

Union Equity Savings Fund Direct Growth

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Hybrid
Direct
Equity Savings

NAV: ₹ 13.9 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
5 people have invested ₹ 36.8K in mutual fund in the last three months

Fund Insights

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In the last 1 year, Kotak Equity Savings Fund Direct Growth has given 7.57% return, outperforming this fund by 4.53%

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In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.72% return, outperforming this fund by 6.18% per annum

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
0.4%
0.3%
2%
3%
7.5%
Benchmark
0.4%
0.1%
2.2%
3.1%
8.2%
About the Fund

Union Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on  6 August, 2018. The fund is managed by Hardick Bora, Parijat Agrawal, Sanjay Bembalkar. This fund gives you the benefit of diversification.

Key parameters

1) Union Equity Savings Fund Direct Growth has a NAV of 13.88 as on 08-02-2023.

2) Union Equity Savings Fund Direct Growth has 134 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 1.38 %.

Fund Overview

Expense ratio
Expense ratio
1.38%
Benchmark
Benchmark
Crisil Equity Savings Index TR INR
AUM
AUM
₹134 Cr
Inception Date
Inception Date
6 August, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
559.51%

Fund Distribution as on (31-Dec-22)

  • Equity 30.6%
  • Debt & Cash 69.4%
Size breakup
Large cap
47.4%
Mid cap
12.3%
Small cap
7.8%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

28.5%

Basic Materials

12.3%

Tech

10.3%

Energy

10.2%

Industrial

8.6%

Consumer Defensive

8.5%

Consumer Cyclical

8.2%

Health

6.7%

Utilities

3.6%

Communication

3.1%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings102
Debt Holdings9

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 8 Cr in last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 140.6 Cr
Nov'22
₹ 148.6 Cr
Oct'22
₹ 151.9 Cr

Fund Returns vs Benchmark

Jan'23
3.06%
3.06%
Dec'22
-1.09%
-0.71%
Nov'22
1.56%
1.52%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
111
114
115
Top 5 Company Concentration
18.1%
19.2%
17.6%
Company having highest exposure
HDFC Bank Ltd (5%)
HDFC Bank Ltd (4.9%)
HDFC Bank Ltd (4.6%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
81.9%
81.6%
81.9%
Sector having highest exposure
Cash Equivalent (55.2%)
Cash Equivalent (51.1%)
Cash Equivalent (52.1%)

Fund Manager

Hardick Bora

Hardick Bora

Fund Manager of Union Equity Savings Fund Direct Growth, since 6 August 2018
Parijat Agrawal

Parijat Agrawal

Fund Manager of Union Equity Savings Fund Direct Growth, since 6 August 2018
Sanjay Bembalkar

Sanjay Bembalkar

Fund Manager of Union Equity Savings Fund Direct Growth, since 25 January 2023

AMC details

Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹10.68K Cr
as on 31-Dec-2022
Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Email
investorcare@unionmf.com

Fund Highlights

Risk meter
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Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.54% since inception which is more than its category average return of 7.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 30.59% in Equity, 12.03% in Debt and 57.37% in Cash related instruments
AUM size ₹134 Cr

AUM size ₹134 Cr

This fund has AUM of ₹134 Cr which is less than its category average of ₹ 780 Cr
Expense Ratio 1.38%

Expense Ratio 1.38%

This fund has an expense ratio of 1.38% which is more than its category average expense ratio of 1.22%

Frequently Asked Questions

The current NAV of Union Equity Savings Fund Direct Growth is 13.88 as on 08-Feb-2023.
Existing (Absolute + CAGR)
Union Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.36%
0.36%
6 Month Returns
1.98%
1.98%
1 Year Returns
3.04%
3.04%
3 Years Returns
24.37%
7.54%
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.
1.38 as on January 2023
134 Cr as on January 2023
HDFC Bank Ltd(5.04%),ICICI Bank Ltd(4.41%),Reliance Industries Ltd(3.7%),Sun Pharmaceuticals Industries Ltd(2.63%),Mahindra & Mahindra Ltd(2.34%) as on January 2023
Cash Equivalent(55.2%),Financial Services(8.71%),Corporate(8.67%) as on January 2023
AAA
100
Hardick Bora,Parijat Agrawal,Sanjay Bembalkar are the fund managers of Union Equity Savings Fund Direct Growth
The Exit load of Union Equity Savings Fund Direct Growth is 1%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.