Union Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV: ₹ 24.24 as on 24-04-2024
Fund Performance
50 people have invested ₹ 11.7L in Union Focused Fund Direct Growth in the last three months
About the Union Focused Fund Direct Growth
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
- Union Focused Fund Direct Growth has ₹388 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.6.
Union Focused Fund Direct Growth Overview
 | 1.57% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹388 Cr |
 | 13 August, 2019 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 46.19% |
Union Focused Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
63.1%
Mid cap
17.8%
Small cap
12.8%
Sector Allocation
Financial Services
26.3%
Consumer Cyclical
14.3%
Tech
12.1%
Industrial
10.7%
Energy
8.6%
Health
8.2%
Communication
6.8%
Consumer Defensive
5.6%
Real Estate
2.7%
Utilities
2.6%
Basic Materials
2.1%
Top Holdings of Union Focused Fund Direct Growth as on (31-Mar-24)
Equity Holdings29
Debt Holdings1
Union Focused Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.37% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.83% in Mar'24
AUM Change
- AUM of the fund stands at 388.3 Cr as of Mar'24
- AUM increased by 3.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Union Focused Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Cummins India Ltd | 14.4% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Sonata Software Ltd | -1.8% |
 Shriram Finance Ltd | 7.1% |
Peer Analysis
Union Focused Fund Direct Growth Fund Manager
Hardick Bora
Fund Manager of Union Focused Fund Direct Growth, since 5 January 2021
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Focused Fund Direct Growth, since 25 January 2023
Top funds managed
Union Focused Fund Direct Growth 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 20.52% since inception which is more than its category average return of 16.22%
Fund Allocations
This fund has an allocation of 93.7% in Equity, 0% in Debt and 6.3% in Cash related instruments
AUM size ₹388 Cr
This fund has AUM of ₹388 Cr which is less than its category average of ₹ 4160 Cr
Expense Ratio 1.57%
This fund has an expense ratio of 1.57% which is more than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Union Focused Fund Direct Growth is ₹24.24 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Union Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.69% | 2.69% |
6 Month Returns | 16.79% | 16.79% |
1 Year Returns | 34.24% | 34.24% |
3 Years Returns | 65.32% | 18.24% |
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.
1.57% as on March 2024
₹388 Cr as on March 2024
Reliance Industries Ltd(8.03%), ICICI Bank Ltd(7.48%), HDFC Bank Ltd(5.75%), Larsen & Toubro Ltd(5.06%), State Bank of India(4.53%) as on March 2024
Financial Services(24.62%), Consumer Cyclical(13.42%), Tech(11.34%) as on March 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 | 0.59 | 0.8 | - |
As on March 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 | 0.8 | 0.79 | - |
As on March 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 | 2.52 | 1.02 | - |
As on March 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 | 9.17 | 11.12 | - |
As on March 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 1.85 as on March 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%