Union Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 13.35 as on 30-04-2024
Fund Performance
1 people have invested ₹ 10K in Union Arbitrage Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.52% return, outperforming this fund by 0.33%.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.5% return, outperforming this fund by 0.61% per annum.
Over the last 6 months, this fund has experienced a 48.4% growth in AUM moving from 105.41 Cr to 156.38 Cr.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.15% return, outperforming this fund by 0.5% per annum.
This fund expense ratio is slightly on the lower side within the category (arbitrage fund). Its expense ratio is 0.41% which is lower than the category average expense ratio of 0.7%.
About the Union Arbitrage Fund Direct Growth
Union Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 27 February, 2019. The fund is managed by Vishal Thakker, Devesh Thacker. This fund gives you the benefit of diversification.
Key Parameters
- Union Arbitrage Fund Direct Growth has ₹156 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Overview
 | 0.41% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹156 Cr |
 | 27 February, 2019 |
 | ₹1000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 300.84% |
Union Arbitrage Fund Direct Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
97.7%
Corporate
1.8%
Government
0.5%
Top Holdings of Union Arbitrage Fund Direct Growth as on (31-Mar-24)
Equity Holdings93
Debt Holdings2
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.45% | 25% | |
 Reliance Industries Ltd | 3.37% | 0% | |
 Hero MotoCorp Ltd | 2.26% | 100% | |
 ICICI Bank Ltd | 2.15% | 183.3% | |
 Coal India Ltd | 2.04% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 156.4 Cr as of Mar'24
- AUM increased by 1.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Vishal Thakker
Fund Manager of Union Arbitrage Fund Direct Growth, since 27 February 2019
Top funds managed
Devesh Thacker
Fund Manager of Union Arbitrage Fund Direct Growth, since 27 February 2019
Top funds managed
Union Arbitrage Fund Direct Growth Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 5.69% since inception which is more than its category average return of 5.17%
AUM size ₹156 Cr
This fund has AUM of ₹156 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.41%
This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of Union Arbitrage Fund Direct Growth is ₹13.35 as on 30-Apr-2024.
Existing (Absolute + CAGR) as on 30-Apr-2024.
Union Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.68% | 0.68% |
6 Month Returns | 4.04% | 4.04% |
1 Year Returns | 8.19% | 8.19% |
3 Years Returns | 18.72% | 5.89% |
5 Years Returns | 31.65% | 5.65% |
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.
0.41% as on March 2024
₹156 Cr as on March 2024
Union Liquid Dir Gr(11.63%), HDFC Bank Ltd(5.45%), Reliance Industries Ltd(3.37%), Hero MotoCorp Ltd(2.26%), ICICI Bank Ltd(2.15%) as on March 2024
Cash Equivalent(95.56%), Corporate(3.46%), Government(1.57%) as on March 2024
AAA | 100 |
Vishal Thakker, Devesh Thacker are the fund managers of Union Arbitrage Fund Direct Growth
The Exit load of Union Arbitrage Fund Direct Growth is 0.25%