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

Return
1M
3M
6M
1Y
3Y
This Fund
-0.8%
-3.1%
1%
-0.1%
16.7%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
Category
-0.9%
-3.8%
1%
-0.1%
13.9%
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
Expense ratio
1.57%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹342 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
74.75%

Fund Distribution as on (31-Dec-22)

  • Equity 94.7%
  • Debt & Cash 5.3%
Size breakup
Large cap
76.7%
Mid cap
16.2%
Small cap
1.8%

Sector Allocation

Dec'22

Nov'22

Oct'22

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
  • Debt & Cash
Equity Holdings24
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
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)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
26
27
26
Top 5 Company Concentration
34.7%
35.3%
33.8%
Company having highest exposure
ICICI Bank Ltd (8.2%)
ICICI Bank Ltd (8.5%)
ICICI Bank Ltd (8.2%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
72.5%
72.1%
70.8%
Sector having highest exposure
Financial Services (30.9%)
Financial Services (30.5%)
Financial Services (29.6%)

Fund Manager

Hardick Bora

Hardick Bora

Fund Manager of Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 6 January 2021
Sanjay Bembalkar

Sanjay Bembalkar

Fund Manager of Union Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 25 January 2023

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

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 19.03% since inception which is more than its category average return of 12.9%
Fund Allocations

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

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%

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%
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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%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.