Union Focused Fund Direct Growth

Union Focused Fund Direct Growth

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Equity
Direct
Focused Fund
NAV: ₹ 25.06 as on 24-05-2024

About the Fund

Union Focused Fund Direct Growth is an equity fund. This fund was started on 13 August, 2019. The fund is managed by Hardick Bora, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Union Focused Fund Direct Growth has ₹403 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.
Fund Performance
zero opening, trading, fund transfer fee
49 people have invested ₹ 11.7L in Union Focused Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
1.46%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹403 Cr
Inception Date
Inception Date
13 August, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
46.19%

Union Focused Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 94.4%

  • Debt & Cash 5.6%

Size breakup

Large cap
62.2%
Mid cap
21.4%
Small cap
10.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
27.1%
Consumer Cyclical
14%
Tech
10.8%
Industrial
9.5%
Energy
8.1%
Health
7.3%
Communication
7%
Consumer Defensive
5.3%
Real Estate
5.1%
Basic Materials
3.2%
Utilities
2.7%

Top Holdings of Union Focused Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings30
Debt Holdings1

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
4.08%
1.37%
1.43%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 4.08% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 1.62% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 402.7 Cr
₹ 388.3 Cr
₹ 384.9 Cr
  • AUM of the fund stands at 402.7 Cr as of Apr'24
  • AUM increased by 14.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Hardick Bora
Hardick Bora
Fund Manager of Union Focused Fund Direct Growth, since 5 January 2021
Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Focused Fund Direct Growth, since 25 January 2023

Union Focused Fund Direct Growth 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 21.14% since inception which is more than its category average return of 16.99%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.42% in Equity, 0% in Debt and 5.58% in Cash related instruments
AUM size ₹403 Cr

AUM size ₹403 Cr

This fund has AUM of ₹403 Cr which is less than its category average of ₹ 4296 Cr
Expense Ratio 1.46%

Expense Ratio 1.46%

This fund has an expense ratio of 1.46% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions

The current NAV of Union Focused Fund Direct Growth is ₹25.06 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Union Focused Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.38%
3.38%
6 Month Returns
17.05%
17.05%
1 Year Returns
33.23%
33.23%
3 Years Returns
65.85%
18.37%
5 Years Returns
0%
0%
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.
1.46% as on April 2024
₹403 Cr as on April 2024
Reliance Industries Ltd(7.64%), ICICI Bank Ltd(7.59%), HDFC Bank Ltd(5.82%), State Bank of India(4.79%), Larsen & Toubro Ltd(4.66%) as on April 2024
Financial Services(25.55%), Consumer Cyclical(13.22%), Tech(10.17%) as on April 2024
The alpha ratio for the Union Focused Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Focused Fund Direct Growth
2.11
0.76
-
As on April 2024
The alpha for Union Focused Fund Direct Growth 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 Focused Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Focused Fund Direct Growth
0.83
0.8
-
As on April 2024
The Beta for Union Focused Fund Direct Growth 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 Focused Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Union Focused Fund Direct Growth
2.62
1.08
-
As on April 2024
The sharpe ratio for Union Focused Fund Direct Growth 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 Focused Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Union Focused Fund Direct Growth
9.3
11.23
-
As on April 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 1.97 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Hardick Bora, Sanjay Bembalkar are the fund managers of Union Focused Fund Direct Growth
The Exit load of Union Focused Fund Direct Growth is 1%