Union Largecap Fund Direct Growth

Union Largecap Fund Direct Growth

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Equity
Direct
Large-Cap
NAV: ₹ 23.75 as on 24-05-2024

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. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Union Largecap Fund Direct Growth has ₹335 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.7.
Fund Performance
zero opening, trading, fund transfer fee
26 people have invested ₹ 76.3K in Union Largecap Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
1.68%
Benchmark
Benchmark
S&P BSE 100 India TR INR
AUM
AUM
₹335 Cr
Inception Date
Inception Date
17 May, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
44.85%

Union Largecap Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 97.2%

  • Debt & Cash 2.8%

Size breakup

Large cap
81%
Mid cap
15.4%
Small cap
0.7%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
27.7%
Consumer Cyclical
14.4%
Industrial
10.7%
Energy
9.8%
Basic Materials
7.3%
Tech
7%
Consumer Defensive
7%
Communication
6%
Health
4.5%
Utilities
3.8%
Real Estate
1.8%

Top Holdings of Union Largecap Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings54
Debt Holdings1

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
2.29%
1.61%
2.90%
Nifty 100
1.43%
0.26%
2.21%
  • This fund’s returns stands at 2.29% whereas the fund’s underlying benchmark Nifty 100 returns stands at 1.43% as on Apr'24
  • This fund outperformed Nifty 100 by 0.86% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 335.5 Cr
₹ 318.8 Cr
₹ 304.1 Cr
  • AUM of the fund stands at 335.5 Cr as of Apr'24
  • AUM increased by 16.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 5 years, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 19.56% return, outperforming this fund by 3.26% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 35.3% growth in AUM moving from 247.92 Cr to 335.49 Cr.
Insights icon
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 25.61% return, outperforming this fund by 7.78% per annum.
Insights icon
This fund expense ratio is slightly on the higher side within the category (large-cap). Its expense ratio is 1.68% which is higher than the category average expense ratio of 0.79%.
Insights icon
In the last 1 year, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 43.61% return, outperforming this fund by 8.67%.

INDmoney Rank

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IND ranking is not available for this fund.

Pros

Beats FD returns for both 3Y & 5Y duration

Cons

No bad points found for this fund.

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

Union Largecap Fund Direct Growth 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 13.11% since inception which is less than its category average return of 13.74%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.17% in Equity, 0% in Debt and 2.83% in Cash related instruments
AUM size ₹335 Cr

AUM size ₹335 Cr

This fund has AUM of ₹335 Cr which is less than its category average of ₹ 6271 Cr
Expense Ratio 1.68%

Expense Ratio 1.68%

This fund has an expense ratio of 1.68% which is more than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of Union Largecap Fund Direct Growth is ₹23.75 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Union Largecap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.31%
3.31%
6 Month Returns
20.62%
20.62%
1 Year Returns
34.94%
34.94%
3 Years Returns
63.57%
17.82%
5 Years Returns
112.81%
16.31%
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  • Select your bank account and proceed with Payment.
1.68% as on April 2024
₹335 Cr as on April 2024
ICICI Bank Ltd(7.5%), Reliance Industries Ltd(7.05%), HDFC Bank Ltd(6.44%), Maruti Suzuki India Ltd(3.89%), Bharti Airtel Ltd(3.84%) as on April 2024
Financial Services(26.94%), Consumer Cyclical(13.99%), Industrial(10.38%) as on April 2024
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
4.71
0.5
0.02
As on April 2024
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
0.89
0.96
0.96
As on April 2024
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
2.53
0.99
0.64
As on April 2024
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
9.33
12.63
17.84
As on April 2024
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 1.83 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Hardick Bora, Sanjay Bembalkar are the fund managers of Union Largecap Fund Direct Growth
The Exit load of Union Largecap Fund Direct Growth is 1%