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>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: ₹ 18.4 as on 07-02-2023
Fund Performance
Fund Performance as on (19-Jan-23)
About the Fund
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 Hardick Bora, Sanjay Bembalkar. 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 a NAV of ₹18.4 as on 07-02-2023.
2) Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal has ₹342 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.
3) The fund has an expense ratio 1.57 %.
Fund Overview
Expense ratio | 1.57% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹342 Cr |
Inception Date | 13 August, 2019 |
Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 74.75% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
76.7%
Mid cap
16.2%
Small cap
1.8%
Sector Allocation
Financial Services
32.7%
Consumer Cyclical
17.6%
Consumer Defensive
10.6%
Energy
8.1%
Industrial
7.6%
Basic Materials
6.5%
Tech
5.7%
Communication
5.2%
Utilities
3.3%
Health
2.7%
Top Holdings as on (31-Dec-22)
Equity Holdings24
Debt Holdings2
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
ICICI Bank Ltd | 8.21% | 0% | |
HDFC Bank Ltd | 7.77% | 0% | |
Reliance Industries Ltd | 7.72% | 0% | |
Hindustan Unilever Ltd | 5.65% | 0% | |
Infosys Ltd | 5.38% | 0% |
See all
What changed
in last one month
AUM has remained same in the last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 341.8 Cr
Nov'22
₹ 341.8 Cr
Oct'22
₹ 336.3 Cr
Fund Returns vs Benchmark
Jan'23
3.24%
5.37%
Dec'22
3.09%
2.63%
Nov'22
3.24%
5.37%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Axis Bank Ltd | 3.3% |
Interglobe Aviation Ltd | 3.3% |
State Bank of India | 0.9% |
Top Losers | 1M Return |
|---|---|
Infosys Ltd | -9% |
Reliance Industries Ltd | -6.5% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
Fund Manager
Hardick Bora
Fund Manager of Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 6 January 2021
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 25 January 2023
Top funds managed
AMC details
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹10.68K Cr
as on 31-Dec-2022
Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Email
investorcare@unionmf.com
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 19.03% since inception which is more than its category average return of 12.9%
Fund Allocations
This fund has an allocation of 94.72% in Equity, 0% in Debt and 5.28% in Cash related instruments
AUM size ₹342 Cr
This fund has AUM of ₹342 Cr which is less than its category average of ₹ 3578 Cr
Expense Ratio 1.57%
This fund has an expense ratio of 1.57% which is more than its category average expense ratio of 1.54%
Frequently Asked Questions
The current NAV of Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 18.4 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | -0.81% | -0.81% |
6 Month Returns | 0.99% | 0.99% |
1 Year Returns | -0.05% | -0.05% |
3 Years Returns | 58.89% | 16.69% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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1.57 as on January 2023
342 Cr as on January 2023
ICICI Bank Ltd(8.21%),HDFC Bank Ltd(7.77%),Reliance Industries Ltd(7.72%),Hindustan Unilever Ltd(5.65%),Infosys Ltd(5.38%) as on January 2023
Financial Services(30.93%),Consumer Cyclical(16.68%),Consumer Defensive(10.01%) as on January 2023
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 | -2.69 | 1.97 | - |
As on January 2023
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 | 0.75 | 0.88 | - |
As on January 2023
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 | -0.34 | 0.68 | - |
As on January 2023
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 | 12.88 | 20.68 | - |
As on January 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 0.98 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.16 as on January 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Hardick Bora,Sanjay Bembalkar 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%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.