Union Flexi Cap Fund Direct Growth Option
Equity
Direct
Flexi Cap
NAV: ₹ 42.2 as on 22-09-2023
Fund Performance
219 people have invested ₹ 26.1L in Union Flexi Cap Fund Direct Growth Option in the last three months
Fund Insights
In the last 3 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 34.98% return, outperforming this fund by 10.08% per annum.
In the last 1 year, HDFC Flexi Cap Fund -Direct Plan - Growth Option has given 21.96% return, outperforming this fund by 6.07%.
Over the last 6 months, this fund has experienced a 20.3% growth in AUM moving from 1.33K Cr to 1.60K Cr.
This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.91% which is lower than the category average expense ratio of 1.22%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 23.62% return, outperforming this fund by 7.54% per annum.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Fund
Union Flexi Cap Fund Direct Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Hardick Bora, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Flexi Cap Fund Direct Growth Option has ₹1609 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.9.
Union Flexi Cap Fund Direct Growth Option Overview
 | 0.91% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹1609 Cr |
 | 1 January, 2013 |
 | ₹1000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 33.86% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
59%
Mid cap
20%
Small cap
16.3%
Sector Allocation
Financial Services
32%
Tech
15.3%
Industrial
13.4%
Consumer Cyclical
12.5%
Basic Materials
6.4%
Health
5.8%
Consumer Defensive
5.4%
Energy
4.3%
Communication
2.4%
Real Estate
1.5%
Utilities
1%
Top Holdings of Union Flexi Cap Fund Direct Growth Option as on (31-Aug-23)
Equity Holdings52
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.71% | 0% | |
 ICICI Bank Ltd | 7.59% | 0% | |
 Reliance Industries Ltd | 4.37% | 0% | |
 State Bank of India | 3.58% | 0% | |
 Infosys Ltd | 3.38% | 28.4% |
See all
Union Flexi Cap Fund Direct Growth Option: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 0.92% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 1.66% in Aug'23
AUM Change
- AUM of the fund stands at 1.6K Cr as of Aug'23
- AUM increased by 13.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Union Flexi Cap Fund Direct Growth Option portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
Electronics Mart India Ltd | 23.8% |
 Escorts Kubota Ltd | 23.2% |
 Dixon Technologies (India) Ltd | 21% |
Top Losers | 1M Return |
|---|---|
 State Bank of India | -8.3% |
 HDFC Bank Ltd | -5.5% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Union Flexi Cap Fund Direct Growth Option Fund Manager
Hardick Bora
Fund Manager of Union Flexi Cap Fund Direct Growth Option, since 5 January 2021
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Flexi Cap Fund Direct Growth Option, since 25 January 2023
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.46% since inception which is less than its category average return of 13.93%
Fund Allocations
This fund has an allocation of 95.32% in Equity, 0% in Debt and 4.68% in Cash related instruments
AUM size ₹1609 Cr
This fund has AUM of ₹1609 Cr which is less than its category average of ₹ 6413 Cr
Expense Ratio 0.91%
This fund has an expense ratio of 0.91% which is less than its category average expense ratio of 1.42%
Frequently Asked Questions
The current NAV of Union Flexi Cap Fund Direct Growth Option is ₹42.16 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Union Flexi Cap Fund Direct Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 1.49% | 1.49% |
6 Month Returns | 21.39% | 21.39% |
1 Year Returns | 15.89% | 15.89% |
3 Years Returns | 94.82% | 24.9% |
5 Years Returns | 110.8% | 16.08% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- 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.
0.91% as on August 2023
₹1609 Cr as on August 2023
HDFC Bank Ltd(7.71%), ICICI Bank Ltd(7.59%), Reliance Industries Ltd(4.37%), State Bank of India(3.58%), Infosys Ltd(3.38%) as on August 2023
Financial Services(30.55%), Tech(14.55%), Industrial(12.75%) as on August 2023
The alpha ratio for the Union Flexi Cap Fund Direct Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Flexi Cap Fund Direct Growth Option | 4.46 | 2.56 | 2.48 |
As on August 2023
The alpha for Union Flexi Cap Fund Direct Growth Option is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Union Flexi Cap Fund Direct Growth Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Flexi Cap Fund Direct Growth Option | 0.88 | 0.89 | 0.92 |
As on August 2023
The Beta for Union Flexi Cap Fund Direct Growth Option is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Union Flexi Cap Fund Direct Growth Option for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Flexi Cap Fund Direct Growth Option | 0.83 | 1.35 | 0.58 |
As on August 2023
The sharpe ratio for Union Flexi Cap Fund Direct Growth Option is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Union Flexi Cap Fund Direct Growth Option for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Flexi Cap Fund Direct Growth Option | 10.7 | 13.42 | 18.36 |
As on August 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.91 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.24 as on August 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Hardick Bora, Sanjay Bembalkar are the fund managers of Union Flexi Cap Fund Direct Growth Option
The Exit load of Union Flexi Cap Fund Direct Growth Option is 1%