Union Largecap Fund Direct Growth
Union Largecap Fund Direct Growth

Union Largecap Fund Direct Growth

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Equity
Direct
Large-Cap

NAV: ₹ 17.2 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
30 people have invested ₹ 4.4L in mutual fund in the last three months

Fund Insights

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In the last 1 year, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 10.42% return, outperforming this fund by 8.76%

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In the last 3 years, ICICI Prudential Bluechip Fund Direct Plan Growth has given 16.48% return, outperforming this fund by 2.49% per annum

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In the last 5 years, Canara Robeco Bluechip Equity Fund Direct Plan Growth has given 14.61% return, outperforming this fund by 4.44% per annum

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Over the last 1 year, this fund has decreased expense ratio by 12.4% moving from 2.09 to 1.83

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This fund expense ratio is slightly on the higher side within the category (large-cap). Its expense ratio is 1.83% which is higher than the category average expense ratio of 1.14%

INDmoney Rank

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Pros
Beats FD returns for both 3Y & 5Y duration
Cons
5Y returns in the bottom 25% of the category

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.1%
-2.1%
1.2%
1.7%
14%
10.2%
Benchmark
-2.1%
2.6%
9.6%
0.2%
13.5%
10%
Category
-0.9%
-3.2%
0.7%
2.4%
13.6%
10.8%
About the Fund

Union Largecap Fund Direct Growth is an equity fund. This fund was started on  17 May, 2017. The fund is managed by Hardick Bora, Sanjay Bembalkar, Vinod Malviya. The fund could potentially beat inflation in the long-run.

Key parameters

1) Union Largecap Fund Direct Growth has a NAV of 17.17 as on 08-02-2023.

2) Union Largecap Fund Direct Growth has 250 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 1.83 %.

Fund Overview

Expense ratio
Expense ratio
1.83%
Benchmark
Benchmark
S&P BSE 100 India TR INR
AUM
AUM
₹250 Cr
Inception Date
Inception Date
17 May, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
61.73%

Fund Distribution as on (31-Dec-22)

  • Equity 97.9%
  • Debt & Cash 2.1%
Size breakup
Large cap
94.7%
Mid cap
3.3%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

37.3%

Tech

12.2%

Energy

9.9%

Consumer Defensive

8.8%

Consumer Cyclical

8.2%

Basic Materials

7.3%

Industrial

6.8%

Health

3.8%

Communication

3.1%

Utilities

2.5%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings47
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
₹ 249.6 Cr
Nov'22
₹ 249.6 Cr
Oct'22
₹ 245.1 Cr

Fund Returns vs Benchmark

Jan'23
5.32%
6.12%
Dec'22
3.21%
2.92%
Nov'22
5.32%
6.12%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
49
47
48
Top 5 Company Concentration
37.1%
38.4%
37.8%
Company having highest exposure
HDFC Bank Ltd (9.4%)
Reliance Industries Ltd (9%)
ICICI Bank Ltd (8.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
74.9%
73.9%
75%
Sector having highest exposure
Financial Services (36.5%)
Financial Services (35%)
Financial Services (35.1%)

Fund Manager

Hardick Bora

Hardick Bora

Fund Manager of Union Largecap Fund Direct Growth, since 25 January 2023
Sanjay Bembalkar

Sanjay Bembalkar

Fund Manager of Union Largecap Fund Direct Growth, since 7 June 2021
Vinod Malviya

Vinod Malviya

Fund Manager of Union Largecap Fund Direct Growth, since 25 January 2023

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Union Largecap Fund Direct Growth
14%
13.31%

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 9.89% since inception which is less than its category average return of 11.44%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.93% in Equity, 0% in Debt and 2.07% in Cash related instruments
AUM size ₹250 Cr

AUM size ₹250 Cr

This fund has AUM of ₹250 Cr which is less than its category average of ₹ 4827 Cr
Expense Ratio 1.83%

Expense Ratio 1.83%

This fund has an expense ratio of 1.83% which is more than its category average expense ratio of 1.42%

Frequently Asked Questions

The current NAV of Union Largecap Fund Direct Growth is 17.05 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Union Largecap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.58%
-0.58%
6 Month Returns
1.07%
1.07%
1 Year Returns
1.25%
1.25%
3 Years Returns
47.11%
13.73%
5 Years Returns
63.78%
10.37%
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1.83 as on January 2023
250 Cr as on January 2023
HDFC Bank Ltd(9.41%),Reliance Industries Ltd(8.79%),ICICI Bank Ltd(8.54%),Infosys Ltd(6.21%),Larsen & Toubro Ltd(4.18%) as on January 2023
Financial Services(36.53%),Tech(11.94%),Energy(9.67%) as on January 2023
The alpha ratio for the Union Largecap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Largecap Fund Direct Growth
-3.6
-1.09
-1.45
As on January 2023
The alpha for Union Largecap Fund Direct Growth is calculated against S&P BSE 100 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 Largecap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Largecap Fund Direct Growth
0.94
0.96
0.96
As on January 2023
The Beta for Union Largecap Fund Direct Growth is calculated with S&P BSE 100 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 Largecap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Union Largecap Fund Direct Growth
-0.28
0.52
0.3
As on January 2023
The sharpe ratio for Union Largecap Fund Direct Growth is calculated with S&P BSE 100 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 Largecap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Union Largecap Fund Direct Growth
15.48
21.78
18.61
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 0.75 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Hardick Bora,Sanjay Bembalkar,Vinod Malviya are the fund managers of Union Largecap Fund Direct Growth
The Exit load of Union Largecap Fund Direct Growth 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.