Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal

Equity
Direct
Flexi Cap
Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal

About the Fund

Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sanjay Bembalkar, Hardick Bora. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal has ₹2052 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal has given a CAGR return of 14.79% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.60%, 19.32% and 20.95% respectively.

Holdings

Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Consumer Defensive, Communication, Energy, Health, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Maruti Suzuki India Ltd, State Bank of India

Taxation

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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal

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 and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.86%
Benchmark
S&P BSE 500 India TR INR
AUM₹2052 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
33.86%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 94.4%

  • Debt & Cash 5.7%

Large cap
61.1%

Small cap
18.4%

Mid cap
14.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
30.2%
Consumer Cyclical
14.3%
Industrial
12.1%
Tech
9.7%
Basic Materials
7.6%
Consumer Defensive
5.6%
Energy
5.6%
Health
5.1%
Communication
3.9%
Utilities
3.6%
Real Estate
2.4%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 25 January 2023
Hardick Bora
Hardick Bora
Fund Manager of Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 5 January 2021

Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.79% since inception which is less than its category average return of 20.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.35% in Equity, 0% in Debt and 5.65% in Cash related instruments
AUM size ₹2052 Cr

AUM size ₹2052 Cr

This fund has AUM of ₹2052 Cr which is less than its category average of ₹ 7714 Cr
Expense Ratio 0.86%

Expense Ratio 0.86%

This fund has an expense ratio of 0.86% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal is ₹46.62 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
3.88%
3.88%
6 Month Returns
15%
15%
1 Year Returns
35.6%
35.6%
3 Years Returns
69.9%
19.32%
5 Years Returns
158.86%
20.95%
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.
0.86% as on May 2024
₹2052 Cr as on May 2024
HDFC Bank Ltd(5.75%), ICICI Bank Ltd(5.55%), Bharti Airtel Ltd(4.1%), Maruti Suzuki India Ltd(3.56%), State Bank of India(3.45%) as on May 2024
Financial Services(24.62%), Industrial(17.11%), Consumer Cyclical(12.65%) as on May 2024
The alpha ratio for the Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal
3.58
1.93
1.98
As on May 2024
The alpha for Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal
0.81
0.88
0.92
As on May 2024
The Beta for Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal
2.53
1.06
0.81
As on May 2024
The sharpe ratio for Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal
9.01
11.87
17.85
As on May 2024
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 1.98 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.16 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 1%