Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal
Hybrid
Direct
Equity Savings
NAV: ₹ 15.96 as on 16-04-2024
Fund Performance
About the Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal
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 Hardick Bora, Sanjay Bembalkar. This fund gives you the benefit of diversification.
Key Parameters
- Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal has ₹157 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.8.
Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal Overview
 | 1.78% |
 Benchmark | Crisil Equity Savings Index TR INR |
 | ₹157 Cr |
 | 6 August, 2018 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 101.31% |
Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal Distribution as on (31-Mar-24)
Size breakup
Large cap
47.4%
Mid cap
12.3%
Small cap
7.8%
Sector Allocation
Financial Services
22%
Industrial
12.8%
Energy
10.7%
Basic Materials
9.4%
Consumer Cyclical
9.1%
Utilities
7.6%
Health
7.4%
Consumer Defensive
7.4%
Tech
6.9%
Real Estate
3.8%
Communication
2.9%
Top Holdings of Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal as on (31-Mar-24)
Equity Holdings66
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 4.52% | -7.7% | |
 Reliance Industries Ltd | 3.68% | 0% | |
 ICICI Bank Ltd | 3.27% | -38.3% | |
 Larsen & Toubro Ltd | 2.65% | 0% | |
 NTPC Ltd | 2.3% | 0% |
See all
Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 156.5 Cr as of Mar'24
- AUM increased by 15 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal Fund Manager
Hardick Bora
Fund Manager of Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal, since 6 August 2018
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal, since 25 January 2023
Top funds managed
Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.56% since inception which is more than its category average return of 7.97%
Fund Allocations
This fund has an allocation of 34.59% in Equity, 4.29% in Debt and 61.13% in Cash related instruments
AUM size ₹157 Cr
This fund has AUM of ₹157 Cr which is less than its category average of ₹ 1219 Cr
Expense Ratio 1.78%
This fund has an expense ratio of 1.78% 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 ₹15.96 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Union Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.88% | 0.88% |
6 Month Returns | 7.04% | 7.04% |
1 Year Returns | 14.57% | 14.57% |
3 Years Returns | 26.77% | 8.23% |
5 Years Returns | 52% | 8.73% |
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.
1.78% as on March 2024
₹157 Cr as on March 2024
HDFC Bank Ltd(4.52%), Small Industries Development Bank Of India(4.29%), 91 DTB 25042024(4.28%), Reliance Industries Ltd(3.68%), ICICI Bank Ltd(3.27%) as on March 2024
Cash Equivalent(48.3%), Government(12.83%), Financial Services(8.09%) as on March 2024
AAA | 100 |
Hardick Bora, Sanjay Bembalkar 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%