Equity
Direct
Large & Mid-Cap
NAV as on 12-12-2024
₹ 27.93
1D
Inception Returns
22.7%
/yr
Union Large & Midcap Fund Direct Growth is an equity fund. This fund was started on 13 December, 2019. The fund is managed by Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Union Large & Midcap Fund Direct Growth has given a CAGR return of 22.66% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 27.94% and 16.56% respectively.
Union Large & Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Basic Materials, Communication, Consumer Defensive, Energy, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, State Bank of India, Coforge Ltd
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective of the scheme is to seek to generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies. However, there can be no assurance that the investment objective of the scheme will be achieved.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Large & Midcap Fund Direct Growth has no lock in period.
Expense ratio | 0.94% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹847 Cr |
Inception Date | 13 December, 2019 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 128.84% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (12-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Union Large & Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.83% | 6.83% |
6 Month Returns | 9.13% | 9.13% |
1 Year Returns | 27.94% | 27.94% |
3 Years Returns | 58.36% | 16.56% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Large & Midcap Fund Direct Growth | 2.95 | 0.86 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Large & Midcap Fund Direct Growth | 0.78 | 0.89 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Large & Midcap Fund Direct Growth | 1.56 | 0.75 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Large & Midcap Fund Direct Growth | 10.68 | 12.99 | - |