Union Business Cycle Fund Direct Growth
Get the latest NAV of Union Business Cycle Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.89
1D
NAV as on 14 May 2025
6.86%/per year
Since Inception
▲▼
52 people have invested ₹ 85.6K in Union Business Cycle Fund Direct Growth in the last three months
Union Business Cycle Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (14-May-25)
The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Union Business Cycle Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Union Business Cycle Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 96.5%
Debt & Cash 3.5%
Union Business Cycle Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 96.5%
Debt & Cash 3.5%
Top 3 Sectors in March were Financial Services, Industrial & Consumer Cyclical
Financial Services
31%
Industrial
15%
Basic Materials
12%
Financial Services
30%
Industrial
15%
Consumer Cyclical
14%
Union Business Cycle Fund Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
Union Business Cycle Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.74% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹564 Cr |
| Inception Date | 5 March, 2024 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0.2% |
| 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 |
About Union Business Cycle Fund
Union Business Cycle Fund Direct Growth is an equity fund. This fund was started on 5 March, 2024. The fund is managed by Harshad Patwardhan, Pratik Dharmshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Business Cycle Fund Direct Growth has ₹564 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Union Business Cycle Fund Direct Growth has given a CAGR return of 6.86% since inception. Over the last 1 year the fund has given a CAGR return of 5.97%.
Holdings
Union Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Tech, Health, Communication, Energy, Consumer Defensive, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Reliance Industries Ltd, Infosys Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Union Business Cycle Fund Direct Growth
The investment objective of the Scheme is to generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Business Cycle Fund Direct Growth has no lock in period.
Fund Manager
Harshad Patwardhan
Fund Manager of Union Business Cycle Fund Direct Growth, since 1 November 2024
Pratik Dharmshi
Fund Manager of Union Business Cycle Fund Direct Growth, since 9 December 2024
- AUM of the fund stands at 550 Cr as of Mar'25
- AUM increased by 37 Cr between Mar'25 and Feb'25
More funds from Union
5Y CAGR
▲ 32.24
5Y CAGR
▲ 26.52
5Y CAGR
▲ 32.29
5Y CAGR
▲ 24.85
5Y CAGR
▲ 24.98
Frequently Asked Questions for Union Business Cycle Fund Direct Growth
What is the current NAV of Union Business Cycle Fund Direct Growth?
What are the average returns of Union Business Cycle Fund Direct Growth?
Union Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.6% | 6.6% |
6 Month Returns | -0.64% | -0.64% |
1 Year Returns | 5.97% | 5.97% |
3 Years Returns | 0% | 0% |
How do I invest in Union Business Cycle Fund Direct Growth?
- 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.
What is the expense ratio of Union Business Cycle Fund Direct Growth?
What is net assets under management (AUM) of Union Business Cycle Fund Direct Growth?
What are the top 5 holdings of Union Business Cycle Fund Direct Growth?
What are the top 3 sectors that this Union Business Cycle Fund Direct Growth has invested in?
What is the alpha of Union Business Cycle Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Business Cycle Fund Direct Growth | -3.17 | - | - |
What is the beta of Union Business Cycle Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Business Cycle Fund Direct Growth | 0.95 | - | - |
What is the sharpe ratio of Union Business Cycle Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Business Cycle Fund Direct Growth | -0.17 | - | - |
What is the standard deviation of Union Business Cycle Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Business Cycle Fund Direct Growth | 16.73 | - | - |