Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal
Hybrid
Direct
Equity Savings
NAV: ₹ 14.8 as on 04-10-2023
Fund Performance
About the Fund
Union Equity Savings Fund Direct Transfer 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 Transfer of Income Distribution cum capital withdrawal has ₹134 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.3.
Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal Overview
 | 1.31% |
 Benchmark | Crisil Equity Savings Index TR INR |
 | ₹134 Cr |
 | 6 August, 2018 |
 | ₹0/₹0 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 101.31% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
47.4%
Mid cap
12.3%
Small cap
7.8%
Sector Allocation
Financial Services
29.4%
Industrial
11.8%
Basic Materials
10.9%
Consumer Defensive
10%
Tech
8.8%
Health
7.7%
Consumer Cyclical
7.1%
Energy
5.3%
Utilities
3.8%
Communication
3.8%
Real Estate
1.5%
Top Holdings of Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal as on (30-Sep-23)
Equity Holdings62
Debt Holdings5
Union Equity Savings Fund Direct Transfer 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 134.1 Cr as of Aug'23
- AUM increased by 3.5 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal Fund Manager
Hardick Bora
Fund Manager of Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal, since 6 August 2018
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal, since 25 January 2023
Top funds managed
Fund Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 8% since inception which is more than its category average return of 7.64%
Fund Allocations
This fund has an allocation of 39.35% in Equity, 12.36% in Debt and 48.29% in Cash related instruments
AUM size ₹134 Cr
This fund has AUM of ₹134 Cr which is less than its category average of ₹ 888 Cr
Expense Ratio 1.31%
This fund has an expense ratio of 1.31% which is more than its category average expense ratio of 1.16%
Frequently Asked Questions
The current NAV of Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal is ₹14.84 as on 04-Oct-2023.
Existing (Absolute + CAGR) as on 04-Oct-2023.
Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.81% | 0.81% |
6 Month Returns | 7.52% | 7.52% |
1 Year Returns | 10.15% | 10.15% |
3 Years Returns | 29.42% | 8.98% |
5 Years Returns | 48.11% | 8.17% |
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.
1.31% as on September 2023
₹134 Cr as on September 2023
Union Liquid Dir Gr(7.48%), HDFC Bank Ltd(4.4%), ICICI Bank Ltd(4.39%), Rec Limited(4.13%), Small Industries Development Bank Of India(4.13%) as on September 2023
Cash Equivalent(45.35%), Financial Services(11.57%), Corporate(10.03%) as on September 2023
AAA | 100 |
Hardick Bora, Sanjay Bembalkar are the fund managers of Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal
The Exit load of Union Equity Savings Fund Direct Transfer of Income Distribution cum capital withdrawal is 1%