Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal

Equity
Direct
Value
Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal

About the Fund

Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal 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 Transfer of Income Distribution cum capital withdrawal has ₹246 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.4.

Returns

Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal has given a CAGR return of 20.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.34%, 23.39% and 21.42% respectively.

Holdings

Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Securitize, Consumer Cyclical, Basic Materials, Tech, Energy, Communication, Real Estate, Health, Utilities, Consumer Defensive. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Bharti Airtel Ltd, Maruti Suzuki India 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 benefit
Dividends 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 Transfer of Income Distribution cum capital withdrawal

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 0.00 and for SIP is INR 0.00. Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal has no lock in period.

Fund Performance

Fund Overview

Expense ratio1.4%
Benchmark
S&P BSE 500 India TR INR
AUM₹246 Cr
Inception Date5 December, 2018
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
61.05%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 93.2%

  • Debt & Cash 6.8%

Large cap
57.1%

Small cap
19%

Mid cap
17.2%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
24.4%
Industrial
15.3%
Consumer Cyclical
11.9%
Basic Materials
11.9%
Tech
7.7%
Energy
7.7%
Communication
5.7%
Real Estate
4.8%
Health
4.3%
Utilities
3.3%
Consumer Defensive
3%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Hardick Bora
Hardick Bora
Fund Manager of Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal, since 25 January 2023
Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal, since 7 June 2021

Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal 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 20.54% since inception which is more than its category average return of 19.36%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.19% in Equity, 0.97% in Debt and 5.84% in Cash related instruments
AUM size ₹246 Cr

AUM size ₹246 Cr

This fund has AUM of ₹246 Cr which is less than its category average of ₹ 4889 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 Transfer of Income Distribution cum capital withdrawal is ₹28.14 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
6.51%
6.51%
6 Month Returns
18.72%
18.72%
1 Year Returns
44.34%
44.34%
3 Years Returns
87.86%
23.39%
5 Years Returns
163.92%
21.42%
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.
1.4% as on May 2024
₹246 Cr as on May 2024
HDFC Bank Ltd(5.79%), ICICI Bank Ltd(5.2%), State Bank of India(3.72%), Bharti Airtel Ltd(3.58%), Maruti Suzuki India Ltd(3.23%) as on May 2024
Financial Services(22.73%), Industrial(14.29%), Consumer Cyclical(11.13%) as on May 2024
The alpha ratio for the Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal
9.95
4.48
1.82
As on May 2024
The alpha for Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal 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 Transfer of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal
0.83
0.9
0.97
As on May 2024
The Beta for Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal 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 Transfer 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 Value Fund Direct Transfer of Income Distribution cum capital withdrawal
2.99
1.26
0.79
As on May 2024
The sharpe ratio for Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal 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 Transfer 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 Value Fund Direct Transfer of Income Distribution cum capital withdrawal
9.95
12.2
18.93
As on May 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 2.44 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.95 as on May 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 Transfer of Income Distribution cum capital withdrawal
The Exit load of Union Value Fund Direct Transfer of Income Distribution cum capital withdrawal is 1%