Equity
Direct
Multi-Cap
NAV as on 05-12-2024
₹ 16.49
▲0.6%
1D
Inception Returns
29%
/yr
Union Multicap Fund Direct Growth is an equity fund. This fund was started on 19 December, 2022. The fund is managed by Sanjay Bembalkar, Harshad Patwardhan. The fund could potentially beat inflation in the long-run.
Union Multicap Fund Direct Growth has given a CAGR return of 29.02% since inception. Over the last 1 year the fund has given a CAGR return of 28.03%.
Union Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Tech, Health, Basic Materials, Communication, Utilities, Energy, Consumer Defensive, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, HCL Technologies Ltd
As it is a multi-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 achieve long term capital appreciation by investing in equity and equity related instruments of large, mid and small cap companies. However, there is 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 Multicap Fund Direct Growth has no lock in period.
Expense ratio | 0.9% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹1075 Cr |
Inception Date | 19 December, 2022 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 147.27% |
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 (05-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Union Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.74% | 2.74% |
6 Month Returns | 14.99% | 14.99% |
1 Year Returns | 28.03% | 28.03% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Multicap Fund Direct Growth | 2.76 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Multicap Fund Direct Growth | 0.78 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Multicap Fund Direct Growth | 1.7 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Multicap Fund Direct Growth | 10.76 | - | - |