Union Value Fund Direct Growth

Union Value Fund Direct Growth

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Equity
Direct
Value
NAV: ₹ 27.19 as on 24-05-2024

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

  1. Union Value Fund Direct Growth has ₹237 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.4.
Fund Performance
zero opening, trading, fund transfer fee
18 people have invested ₹ 18.8L in Union Value Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
1.4%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹237 Cr
Inception Date
Inception Date
5 December, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
61.05%

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

  • Equity 93.2%

  • Debt & Cash 6.8%

Size breakup

Large cap
56.3%
Small cap
23%
Mid cap
14%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
26.3%
Basic Materials
12.2%
Consumer Cyclical
11.1%
Industrial
11%
Energy
9.8%
Tech
9%
Health
7.5%
Utilities
4.5%
Communication
4.3%
Real Estate
3.5%
Consumer Defensive
1%

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

  • Equity

  • Debt & Cash

Equity Holdings59
Debt Holdings2

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
3.11%
-0.12%
0.24%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 3.11% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 0.65% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 226.9 Cr
₹ 226.9 Cr
₹ 222 Cr
  • AUM of the fund stands at 226.9 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 3 years, JM Value Fund (Direct) - Growth has given 30.55% return, outperforming this fund by 7.07% per annum.
Insights icon
In the last 5 years, JM Value Fund (Direct) - Growth has given 25.23% return, outperforming this fund by 4.86% per annum.
Insights icon
In the last 1 year, Quant Value Fund Direct Growth has given 83.53% return, outperforming this fund by 34.78%.
Insights icon
Over the last 6 months, this fund has experienced a 37.9% growth in AUM moving from 172.18 Cr to 237.46 Cr.

INDmoney Rank

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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 Value Fund Direct Growth, since 25 January 2023
Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Value Fund Direct Growth, since 7 June 2021

Union Value 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 20.08% since inception which is more than its category average return of 18.91%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.18% in Equity, 1.47% in Debt and 5.35% in Cash related instruments
AUM size ₹237 Cr

AUM size ₹237 Cr

This fund has AUM of ₹237 Cr which is less than its category average of ₹ 4823 Cr
Expense Ratio 1.4%

Expense Ratio 1.4%

This fund has an expense ratio of 1.4% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions

The current NAV of Union Value Fund Direct Growth is ₹27.19 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Union Value Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.22%
5.22%
6 Month Returns
20.9%
20.9%
1 Year Returns
48.74%
48.74%
3 Years Returns
88.3%
23.48%
5 Years Returns
152.7%
20.37%
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  • Select your bank account and proceed with Payment.
1.4% as on April 2024
₹237 Cr as on April 2024
HDFC Bank Ltd(5.95%), ICICI Bank Ltd(5.52%), Reliance Industries Ltd(4.94%), State Bank of India(3.83%), Bharti Airtel Ltd(3.57%) as on April 2024
Financial Services(24.46%), Basic Materials(11.34%), Consumer Cyclical(10.36%) as on April 2024
The alpha ratio for the Union Value Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Value Fund Direct Growth
9.21
4.21
1.57
As on April 2024
The alpha for Union Value Fund Direct Growth is calculated against S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Value Fund Direct Growth
0.85
0.91
0.97
As on April 2024
The Beta for Union Value Fund Direct Growth is calculated with S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Union Value Fund Direct Growth
3.19
1.36
0.78
As on April 2024
The sharpe ratio for Union Value Fund Direct Growth is calculated with S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Union Value Fund Direct Growth
9.97
12.63
18.93
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 2.73 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.87 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Hardick Bora, Sanjay Bembalkar are the fund managers of Union Value Fund Direct Growth
The Exit load of Union Value Fund Direct Growth is 1%