Equity
Direct
Flexi Cap
NAV as on 04-12-2024
₹ 56.58
▲0.7%
1D
Inception Returns
14.8%
/yr
Union Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Union Flexi Cap Fund Direct Growth has given a CAGR return of 14.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.79%, 16.00% and 21.21% respectively.
Union Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Consumer Cyclical, Health, Basic Materials, Communication, Consumer Defensive, Energy, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Bharti Airtel Ltd, Reliance Industries Ltd
As it is a flexi cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective of the Scheme is to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities across market capitalisation. However, there can be no assurance that the investment objective of the scheme will be achieved.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Flexi Cap Fund Direct Growth has no lock in period.
Expense ratio | 0.88% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹1757 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 152.03% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (04-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech
Union Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.55% | 2.55% |
6 Month Returns | 7.3% | 7.3% |
1 Year Returns | 24.79% | 24.79% |
3 Years Returns | 56.09% | 16% |
5 Years Returns | 161.6% | 21.21% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Flexi Cap Fund Direct Growth | 1.2 | 0.34 | 1.96 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Flexi Cap Fund Direct Growth | 0.77 | 0.86 | 0.91 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Flexi Cap Fund Direct Growth | 1.51 | 0.78 | 0.86 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Flexi Cap Fund Direct Growth | 10.08 | 12.08 | 17.78 |