Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal

Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal

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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

  1. 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.
  2. The fund has an expense ratio 1.4.

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

Expense ratio
Expense ratio
1.42%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹355 Cr
Inception Date
Inception Date
13 August, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
46.19%

Fund Distribution as on (31-Aug-23)

  • Equity 94.7%

  • Debt & Cash 5.3%

Size breakup

Large cap
65.6%
Mid cap
22.3%
Small cap
6.8%

Sector Allocation

Aug'23

Jul'23

Jun'23

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

  • Debt & Cash

Equity Holdings30
Debt Holdings1

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

Aug'23
Jul'23
Jun'23
Fund Returns
-0.24%
4.57%
4.03%
Nifty 500
-0.74%
3.21%
4.25%
  • 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

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 354.7 Cr
₹ 357 Cr
₹ 347.8 Cr
  • 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

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

Hardick Bora

Hardick Bora

Fund Manager of Union Focused Fund Direct Transfer of Income Distribution cum capital withdrawal, since 5 January 2021
Sanjay Bembalkar

Sanjay Bembalkar

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

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 19.7% since inception which is more than its category average return of 14.26%
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 ₹355 Cr

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%

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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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%