Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl
Equity
Direct
Global - Other
NAV: ₹ 9.8 as on 22-09-2023
Fund Performance
About the Fund
Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 6 September, 2023. The fund is managed by Hardick Bora, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl Overview
 | -- |
 Benchmark | NIFTY 500 Index TR IDR |
 | ₹0 Cr |
 | 6 September, 2023 |
 | ₹0/₹0 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Peer Analysis
Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl Fund Manager
Hardick Bora
Fund Manager of Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl, since 6 September 2023
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl, since 6 September 2023
Top funds managed
Frequently Asked Questions
The current NAV of Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl is ₹9.83 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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The alpha ratio for the Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The alpha for Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl is calculated against NIFTY 500 Index TR IDR. 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 Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The Beta for Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl is calculated with NIFTY 500 Index TR IDR. 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 Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The sharpe ratio for Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl is calculated with NIFTY 500 Index TR IDR. 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 Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl | - | - | - |
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.
Hardick Bora, Sanjay Bembalkar are the fund managers of Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl
The Exit load of Union Innovation & Opportunities Fund Direct IDCW Transfer Inc Dist cum Cap Wdrl is 1%