Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal
Equity
Direct
Large-Cap
NAV: ₹ 22.99 as on 24-04-2024
Fund Performance
About the Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal
Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal 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
- Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal has ₹319 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.8.
Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal Overview
 | 1.81% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹319 Cr |
 | 17 May, 2017 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 44.85% |
Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal Distribution as on (31-Mar-24)
Size breakup
Large cap
85.5%
Mid cap
11.8%
Sector Allocation
Financial Services
26.7%
Consumer Cyclical
14%
Energy
10.3%
Tech
10%
Industrial
8.7%
Consumer Defensive
7.4%
Health
6.9%
Basic Materials
5.1%
Communication
4.6%
Utilities
4.4%
Real Estate
2%
Top Holdings of Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal as on (31-Mar-24)
Equity Holdings50
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.95% | 0% | |
 Reliance Industries Ltd | 7.52% | 5.2% | |
 HDFC Bank Ltd | 6.45% | 0% | |
 Bharti Airtel Ltd | 3.75% | 0% | |
 Larsen & Toubro Ltd | 3.67% | 0% |
See all
Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.61% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.26% as on Mar'24
- This fund outperformed Nifty 100 by 1.35% in Mar'24
AUM Change
- AUM of the fund stands at 318.8 Cr as of Mar'24
- AUM increased by 14.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Bajaj Auto Ltd | 8.1% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 HCL Technologies Ltd | -6.7% |
 Tata Consultancy Services Ltd | -3.6% |
Peer Analysis
Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal Fund Manager
Hardick Bora
Fund Manager of Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal, since 25 January 2023
Top funds managed
Sanjay Bembalkar
Fund Manager of Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal, since 7 June 2021
Top funds managed
Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.73% since inception which is less than its category average return of 13.48%
Fund Allocations
This fund has an allocation of 97.32% in Equity, 0% in Debt and 2.68% in Cash related instruments
AUM size ₹319 Cr
This fund has AUM of ₹319 Cr which is less than its category average of ₹ 6123 Cr
Expense Ratio 1.81%
This fund has an expense ratio of 1.81% which is more than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal is ₹22.99 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 2.23% | 2.23% |
6 Month Returns | 20.66% | 20.66% |
1 Year Returns | 36.2% | 36.2% |
3 Years Returns | 67.76% | 18.82% |
5 Years Returns | 110.55% | 16.06% |
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1.81% as on March 2024
₹319 Cr as on March 2024
ICICI Bank Ltd(7.95%), Reliance Industries Ltd(7.52%), HDFC Bank Ltd(6.45%), Bharti Airtel Ltd(3.75%), Larsen & Toubro Ltd(3.67%) as on March 2024
Financial Services(25.99%), Consumer Cyclical(13.65%), Energy(10.01%) as on March 2024
The alpha ratio for the Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal | 4.21 | 0.26 | 0.16 |
As on March 2024
The alpha for Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal 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 Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal | 0.88 | 0.96 | 0.96 |
As on March 2024
The Beta for Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal 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 Payout 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 Largecap Fund Direct Payout of Income Distribution cum capital withdrawal | 2.65 | 0.93 | 0.63 |
As on March 2024
The sharpe ratio for Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal 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 Payout 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 Largecap Fund Direct Payout of Income Distribution cum capital withdrawal | 9.36 | 12.67 | 17.84 |
As on March 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 1.71 as on March 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 Payout of Income Distribution cum capital withdrawal
The Exit load of Union Largecap Fund Direct Payout of Income Distribution cum capital withdrawal is 1%