Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal
Equity
Direct
Focused Fund
NAV: ₹ 24.22 as on 07-05-2024
About the Fund
Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal 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 Payout of Income Distribution cum capital withdrawal 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.
Fund Performance
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 Payout of Income Distribution cum capital withdrawal 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 Payout of Income Distribution cum capital withdrawal as on (30-Apr-24)
Equity Holdings29
Debt Holdings1
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Mrs Bectors Food Specialities Ltd | 11.8% |
 State Bank of India | 8.2% |
 Bharti Airtel Ltd | 6% |
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
Peer Analysis
Fund Manager
Hardick Bora
Fund Manager of Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal, since 5 January 2021
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal, since 25 January 2023
Top funds managed
Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal 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 20.9% since inception which is more than its category average return of 16.47%
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 ₹ 4166 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 Payout of Income Distribution cum capital withdrawal is ₹24.22 as on 07-May-2024.
Existing (Absolute + CAGR) as on 07-May-2024.
Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 1.86% | 1.86% |
6 Month Returns | 17.54% | 17.54% |
1 Year Returns | 33.86% | 33.86% |
3 Years Returns | 63.39% | 17.78% |
5 Years Returns | 0% | 0% |
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1.57% as on April 2024
₹388 Cr as on April 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 April 2024
Financial Services(24.62%), Consumer Cyclical(13.42%), Tech(11.34%) as on April 2024
The alpha ratio for the Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal | 2.11 | 0.76 | - |
As on April 2024
The alpha for Union Focused Fund Direct Payout 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 Focused Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal | 0.83 | 0.8 | - |
As on April 2024
The Beta for Union Focused Fund Direct Payout 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 Focused Fund Direct Payout 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 Focused Fund Direct Payout of Income Distribution cum capital withdrawal | 2.62 | 1.08 | - |
As on April 2024
The sharpe ratio for Union Focused Fund Direct Payout 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 Focused Fund Direct Payout 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 Focused Fund Direct Payout of Income Distribution cum capital withdrawal | 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 Payout of Income Distribution cum capital withdrawal
The Exit load of Union Focused Fund Direct Payout of Income Distribution cum capital withdrawal is 1%