Union Value Fund Direct Growth
About the Fund
Union Value Fund Direct Growth is an equity fund. This fund was started on 5 December, 2018. The fund is managed by Hardick Bora, Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Value Fund Direct Growth has ₹266 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
Union Value Fund Direct Growth has given a CAGR return of 20.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.98%, 23.13% and 23.54% respectively.
Holdings
Union Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Tech, Energy, Communication, Real Estate, Utilities, Health, Consumer Defensive, Government. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Bharti Airtel Ltd, Infosys Ltd
Taxation
As it is a value 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.
Investment objective of Union Value Fund Direct Growth
The investment objective of the scheme is to seek to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Value Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 1.4% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹266 Cr |
| Inception Date | 5 December, 2018 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 61.05% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.48% | 26.9% | |
 ICICI Bank Ltd | 5.15% | 0% | |
 Reliance Industries Ltd | 3.59% | 16.4% | |
 Bharti Airtel Ltd | 3.48% | 0% | |
 Infosys Ltd | 3.3% | 107.4% |
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 V-Mart Retail Ltd | 23.2% |
Mutual Fund Insights
Union Value Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹266 Cr
Expense Ratio 1.4%
Frequently Asked Questions
Union Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.04% | 3.04% |
6 Month Returns | 17.75% | 17.75% |
1 Year Returns | 41.98% | 41.98% |
3 Years Returns | 86.67% | 23.13% |
5 Years Returns | 187.75% | 23.54% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Value Fund Direct Growth | 9.29 | 4.31 | 1.77 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Value Fund Direct Growth | 0.82 | 0.9 | 0.97 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Value Fund Direct Growth | 2.99 | 1.33 | 0.87 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Value Fund Direct Growth | 10.41 | 12.55 | 19.04 |