Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Equity
Direct
Flexi Cap
NAV: ₹ 37.1 as on 27-09-2023
Fund Performance
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
- Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal as on (31-Aug-23)
Equity Holdings61
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.27% | 0% | |
 ICICI Bank Ltd | 7.23% | 0% | |
 Reliance Industries Ltd | 4.09% | 0% | |
 Infosys Ltd | 3.55% | 28.4% | |
 Larsen & Toubro Ltd | 3.26% | 0% |
See all
Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 0.91% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 1.65% 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 Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal Fund Manager
Sanjay Bembalkar
Fund Manager of Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 25 January 2023
Top funds managed
Hardick Bora
Fund Manager of Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 5 January 2021
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 13.43% since inception which is less than its category average return of 14.1%
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 Reinvestment of Income Distribution cum capital withdrawal is ₹37.07 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
Union Flexi Cap Fund Direct Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 2.23% | 2.23% |
6 Month Returns | 23.9% | 23.9% |
1 Year Returns | 20.75% | 20.75% |
3 Years Returns | 97.18% | 25.4% |
5 Years Returns | 113.9% | 16.42% |
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0.91% as on August 2023
₹1609 Cr as on August 2023
HDFC Bank Ltd(7.27%), ICICI Bank Ltd(7.23%), Reliance Industries Ltd(4.09%), Infosys Ltd(3.55%), Larsen & Toubro Ltd(3.26%) 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 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 | 4.51 | 2.56 | 2.33 |
As on August 2023
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 | 0.87 | 0.89 | 0.92 |
As on August 2023
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 | 0.83 | 1.35 | 0.57 |
As on August 2023
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 | 10.68 | 13.43 | 18.37 |
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
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%