Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal

Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal

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Equity
Direct
Focused Fund
NAV: ₹ 23.7 as on 22-02-2024
Fund Performance

About the Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal

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

Key Parameters

  1. Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal has ₹382 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.

Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal Overview

Expense ratio
Expense ratio
1.53%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹382 Cr
Inception Date
Inception Date
13 August, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
46.19%

Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal Distribution as on (31-Jan-24)

  • Equity 92.7%

  • Debt & Cash 7.3%

Size breakup

Large cap
64.5%
Small cap
19.6%
Mid cap
8.7%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
27.5%
Tech
15.1%
Consumer Cyclical
14.6%
Consumer Defensive
9.9%
Energy
8.4%
Industrial
8%
Basic Materials
4.8%
Utilities
3.7%
Communication
3.2%
Real Estate
2.7%
Health
2.2%

Top Holdings of Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings29
Debt Holdings1

Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
0.92%
5.05%
6.55%
Nifty 500
1.71%
7.25%
7.50%
  • This fund’s returns stands at 0.92% whereas the fund’s underlying benchmark Nifty 500 returns stands at 1.71% as on Jan'24
  • This fund underperformed Nifty 500 by 0.79% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 382.2 Cr
₹ 380 Cr
₹ 365 Cr
  • AUM of the fund stands at 382.2 Cr as of Jan'24
  • AUM increased by 2.2 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal portfolio Returns for the month of Jan

Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal Fund Manager

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

Union Focused 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 20.89% since inception which is more than its category average return of 15.96%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.73% in Equity, 0% in Debt and 7.27% in Cash related instruments
AUM size ₹382 Cr

AUM size ₹382 Cr

This fund has AUM of ₹382 Cr which is less than its category average of ₹ 4028 Cr
Expense Ratio 1.53%

Expense Ratio 1.53%

This fund has an expense ratio of 1.53% which is more than its category average expense ratio of 1.42%

Frequently Asked Questions

The current NAV of Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal is ₹23.66 as on 22-Feb-2024.
Existing (Absolute + CAGR) as on 22-Feb-2024.
Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
2.96%
2.96%
6 Month Returns
14.41%
14.41%
1 Year Returns
30.65%
30.65%
3 Years Returns
59.22%
16.77%
5 Years Returns
0%
0%
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1.53% as on January 2024
₹382 Cr as on January 2024
Reliance Industries Ltd(7.83%), HDFC Bank Ltd(5.3%), ICICI Bank Ltd(5.17%), Infosys Ltd(4.23%), Bajaj Auto Ltd(3.96%) as on January 2024
Financial Services(25.5%), Tech(14%), Consumer Cyclical(13.5%) as on January 2024
The alpha ratio for the Union Focused 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 Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal
-2.21
0.52
-
As on January 2024
The alpha for Union Focused 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 Focused 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 Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal
0.84
0.82
-
As on January 2024
The Beta for Union Focused 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 Focused 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 Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal
1.6
1.12
-
As on January 2024
The sharpe ratio for Union Focused 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 Focused 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 Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal
10.74
11.91
-
As on January 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 2.19 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 1%