Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal
Equity
Direct
Focused Fund
NAV: ₹ 21.1 as on 29-09-2023
Fund Performance
About the Fund
Union Focused Fund Direct Transfer 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 Transfer of Income Distribution cum capital withdrawal has ₹355 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.4.
Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal Overview
 | 1.42% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹355 Cr |
 | 13 August, 2019 |
 | ₹0/₹0 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 46.19% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
65.6%
Mid cap
22.3%
Small cap
6.8%
Sector Allocation
Financial Services
34.8%
Industrial
18.4%
Tech
14.7%
Consumer Defensive
7.4%
Energy
7%
Consumer Cyclical
6.1%
Basic Materials
4.4%
Communication
4%
Health
3%
Top Holdings of Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal as on (31-Aug-23)
Equity Holdings30
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.73% | 0% | |
 ICICI Bank Ltd | 7.03% | 0% | |
 Reliance Industries Ltd | 6.65% | 0% | |
 Larsen & Toubro Ltd | 5.45% | 0% | |
 Infosys Ltd | 5.09% | 0% |
See all
Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -0.24% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 0.50% in Aug'23
AUM Change
- AUM of the fund stands at 354.7 Cr as of Aug'23
- AUM decreased by 2.2 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Escorts Kubota Ltd | 23.2% |
 Dixon Technologies (India) Ltd | 21% |
 Polycab India Ltd | 10.6% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 Reliance Industries Ltd | -4.2% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal Fund Manager
Hardick Bora
Fund Manager of Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal, since 5 January 2021
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal, since 25 January 2023
Top funds managed
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 19.7% since inception which is more than its category average return of 14.26%
Fund Allocations
This fund has an allocation of 94.72% in Equity, 0% in Debt and 5.28% in Cash related instruments
AUM size ₹355 Cr
This fund has AUM of ₹355 Cr which is less than its category average of ₹ 3715 Cr
Expense Ratio 1.42%
This fund has an expense ratio of 1.42% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal is ₹21.05 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 1.94% | 1.94% |
6 Month Returns | 20.56% | 20.56% |
1 Year Returns | 17.47% | 17.47% |
3 Years Returns | 85.14% | 22.79% |
5 Years Returns | 0% | 0% |
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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1.42% as on August 2023
₹355 Cr as on August 2023
HDFC Bank Ltd(7.73%), ICICI Bank Ltd(7.03%), Reliance Industries Ltd(6.65%), Larsen & Toubro Ltd(5.45%), Infosys Ltd(5.09%) as on August 2023
Financial Services(32.98%), Industrial(17.47%), Tech(13.88%) as on August 2023
The alpha ratio for the Union Focused Fund Direct Transfer 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 Transfer of Income Distribution cum capital withdrawal | - | - | - |
As on August 2023
The alpha for Union Focused Fund Direct Transfer 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 Transfer 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 Transfer of Income Distribution cum capital withdrawal | - | - | - |
As on August 2023
The Beta for Union Focused Fund Direct Transfer 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 Transfer 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 Transfer of Income Distribution cum capital withdrawal | 0.53 | 1.33 | - |
As on August 2023
The sharpe ratio for Union Focused Fund Direct Transfer 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 Transfer 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 Transfer of Income Distribution cum capital withdrawal | 10.48 | 12.44 | - |
As on August 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 2.85 as on August 2023. 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 Transfer of Income Distribution cum capital withdrawal
The Exit load of Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal is 1%