Union Retirement Fund Direct Growth
Hybrid
Direct
Retirement
NAV: ₹ 12.9 as on 05-12-2023
Fund Performance
37 people have invested ₹ 1.7L in Union Retirement Fund Direct Growth in the last three months
About the Union Retirement Fund Direct Growth
Union Retirement Fund Direct Growth is a hybrid fund. This fund was started on 22 September, 2022. The fund is managed by Sanjay Bembalkar, Hardick Bora. This fund gives you the benefit of diversification.
Key Parameters
- Union Retirement Fund Direct Growth has ₹91 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
- The fund has an expense ratio 0.6.
Union Retirement Fund Direct Growth Overview
 | 0.59% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹91 Cr |
 | 22 September, 2022 |
 | ₹1000/₹1000 |
 | 0% |
 | 5 Years |
 TurnOver | 21.07% |
Union Retirement Fund Direct Growth Distribution as on (31-Oct-23)
Size breakup
Large cap
57.7%
Small cap
17.9%
Mid cap
14.5%
Sector Allocation
Financial Services
30.2%
Consumer Cyclical
16.5%
Industrial
13.3%
Tech
12.3%
Basic Materials
9.3%
Consumer Defensive
4.8%
Energy
4.3%
Health
3.7%
Communication
3.5%
Real Estate
1.1%
Utilities
1.1%
Top Holdings of Union Retirement Fund Direct Growth as on (30-Nov-23)
Equity Holdings68
Debt Holdings1
Union Retirement Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 90.8 Cr as of Oct'23
- AUM decreased by 0.6 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Peer Analysis
Union Retirement Fund Direct Growth Fund Manager
Sanjay Bembalkar
Fund Manager of Union Retirement Fund Direct Growth, since 22 September 2022
Top funds managed
Hardick Bora
Fund Manager of Union Retirement Fund Direct Growth, since 25 January 2023
Top funds managed
Union Retirement Fund Direct Growth 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 23.1% since inception which is more than its category average return of 10.01%
Fund Allocations
This fund has an allocation of 91.22% in Equity, 0.06% in Debt and 8.71% in Cash related instruments
AUM size ₹91 Cr
This fund has AUM of ₹91 Cr which is less than its category average of ₹ 615 Cr
Expense Ratio 0.59%
This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.53%
Frequently Asked Questions
The current NAV of Union Retirement Fund Direct Growth is ₹12.86 as on 05-Dec-2023.
Existing (Absolute + CAGR) as on 05-Dec-2023.
Union Retirement Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9.01% | 9.01% |
6 Month Returns | 21.73% | 21.73% |
1 Year Returns | 24.08% | 24.08% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.59% as on November 2023
₹91 Cr as on November 2023
HDFC Bank Ltd(5.68%), ICICI Bank Ltd(5.3%), Larsen & Toubro Ltd(4.45%), Reliance Industries Ltd(3.95%), Tata Motors Ltd Class A(3.62%) as on November 2023
Financial Services(27.52%), Consumer Cyclical(15.02%), Industrial(12.15%) as on November 2023
AAA | 100 |
Sanjay Bembalkar, Hardick Bora are the fund managers of Union Retirement Fund Direct Growth
The Exit load of Union Retirement Fund Direct Growth is 0%