Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal

Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal

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Hybrid
Direct
Equity Savings
NAV: ₹ 16.26 as on 24-05-2024

About the Fund

Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal is a hybrid fund. This fund was started on 6 August, 2018. The fund is managed by Sanjay Bembalkar, Hardick Bora. This fund gives you the benefit of diversification.

Key Parameters

  1. Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal has ₹166 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.
Fund Performance

Overview

Expense ratio
Expense ratio
1.48%
Benchmark
Benchmark
Crisil Equity Savings Index TR INR
AUM
AUM
₹166 Cr
Inception Date
Inception Date
6 August, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
101.31%

Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal Distribution as on (30-Apr-24)

  • Equity 31.2%

  • Debt & Cash 68.8%

Size breakup

Large cap
53.6%
Small cap
7.8%
Mid cap
6.1%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
24%
Basic Materials
12.2%
Energy
11.7%
Industrial
10%
Health
9.4%
Consumer Cyclical
8.1%
Utilities
6.9%
Consumer Defensive
6.3%
Tech
5.2%
Real Estate
4.4%
Communication
1.7%

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

  • Equity

  • Debt & Cash

Equity Holdings81
Debt Holdings3

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 165.9 Cr
₹ 156.5 Cr
₹ 141.5 Cr
  • AUM of the fund stands at 165.9 Cr as of Apr'24
  • AUM increased by 9.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal, since 25 January 2023
Hardick Bora
Hardick Bora
Fund Manager of Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal, since 6 August 2018

Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal Highlights

Risk meter
pointer

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 8.74% since inception which is more than its category average return of 8.1%
Fund Allocations

Fund Allocations

This fund has an allocation of 31.19% in Equity, 4.16% in Debt and 64.64% in Cash related instruments
AUM size ₹166 Cr

AUM size ₹166 Cr

This fund has AUM of ₹166 Cr which is less than its category average of ₹ 1280 Cr
Expense Ratio 1.48%

Expense Ratio 1.48%

This fund has an expense ratio of 1.48% which is more than its category average expense ratio of 1.15%

Frequently Asked Questions

The current NAV of Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal is ₹16.26 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
1.37%
1.37%
6 Month Returns
8.18%
8.18%
1 Year Returns
14.83%
14.83%
3 Years Returns
27.53%
8.44%
5 Years Returns
53.25%
8.91%
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.
1.48% as on April 2024
₹166 Cr as on April 2024
191 DTB 19072024(12.37%), HDFC Bank Ltd(4.62%), Small Industries Development Bank Of India(4.16%), ICICI Bank Ltd(3.35%), Reliance Industries Ltd(2.97%) as on April 2024
Cash Equivalent(60.48%), Financial Services(7.48%), Corporate(4.16%) as on April 2024
AAA
100
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal
The Exit load of Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal is 1%