How to Invest in Union Arbitrage Fund Direct IDCW?

You can easily invest in Union Arbitrage Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Union Arbitrage Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Union Arbitrage Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union Arbitrage Fund Direct IDCW provide?

The Union Arbitrage Fund Direct IDCW has been there from NA and the average annual returns provided by this fund is 6.13% since its inception.

How much expense ratio is charged by Union Arbitrage Fund Direct IDCW?

The term Expense Ratio used for Union Arbitrage Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Union Arbitrage Fund Direct IDCW is 0.44% as of 08 Jun 2023...

What is the AUM of Union Arbitrage Fund Direct IDCW?

The AUM, short for Assets Under Management of Union Arbitrage Fund Direct IDCW is ₹78.30Cr as of 08 Jun 2023.

How to Redeem Union Arbitrage Fund Direct IDCW?

If you want to sell your Union Arbitrage Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Union Arbitrage Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Union Arbitrage Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Union Arbitrage Fund Direct IDCW?

The NAV of Union Arbitrage Fund Direct IDCW is ₹12.13 as of 07 Jun 2023.

What is the PE and PB ratio of Union Arbitrage Fund Direct IDCW?

The PE ratio ratio of Union Arbitrage Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Union Arbitrage Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

Union Arbitrage Fund Direct IDCW
Hybrid
Arbitrage
Low Risk
Payout
4.51%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
All
 NAV: 07 Jun 2023₹12.13
Min. SIP amount₹1,000
Rating3
Fund size₹78.30Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Arbitrage
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA6.1%4.5%5.2%
Category averageNA5.4%4.0%NA
Rank with in categoryNA1719NA
Understand terms
Holdings (55)NameSectorInstrumentAssets
Union Liquid Direct
FinancialMutual Fund13.7%
Reliance Industries Ltd.EnergyEquity7.3%
HDFC Bank Ltd.FinancialEquity5.3%
Kotak Mahindra Bank Ltd.FinancialEquity4.1%
Reserve Bank of India
FinancialT-Bills3.2%
Reserve Bank of India
FinancialT-Bills3.1%
Tata Consultancy Services Ltd.TechnologyEquity3.1%
Bharti Airtel Ltd.CommunicationEquity2.4%
UPL Ltd.ChemicalsEquity2.1%
Grasim Industries Ltd.ConstructionEquity2.1%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Apr 2023 - Present
0.44%
31 Mar 2023 - 30 Apr 2023
0.51%
28 Feb 2023 - 31 Mar 2023
0.51%
31 Jan 2023 - 28 Feb 2023
0.44%
31 Dec 2022 - 31 Jan 2023
0.38%
31 Dec 2022 - 31 Dec 2022
0.38%
30 Nov 2022 - 31 Dec 2022
0.38%
30 Nov 2022 - 30 Nov 2022
0.38%
30 Nov 2022 - 30 Nov 2022
0.38%
31 Oct 2022 - 30 Nov 2022
0.38%
31 Oct 2022 - 31 Oct 2022
0.38%
31 Oct 2022 - 31 Oct 2022
0.38%
30 Sep 2022 - 31 Oct 2022
0.38%
30 Sep 2022 - 30 Sep 2022
0.38%
30 Sep 2022 - 30 Sep 2022
0.38%
31 Aug 2022 - 30 Sep 2022
0.39%
31 Aug 2022 - 31 Aug 2022
0.39%
31 Jul 2022 - 31 Aug 2022
0.37%
31 Jul 2022 - 31 Jul 2022
0.37%
30 Jun 2022 - 31 Jul 2022
0.37%
30 Jun 2022 - 30 Jun 2022
0.37%
31 May 2022 - 30 Jun 2022
0.37%
31 May 2022 - 31 May 2022
0.37%
30 Apr 2022 - 31 May 2022
0.37%
30 Apr 2022 - 30 Apr 2022
0.37%
31 Mar 2022 - 30 Apr 2022
0.30%
31 Mar 2022 - 31 Mar 2022
0.30%
28 Feb 2022 - 31 Mar 2022
0.29%
28 Feb 2022 - 28 Feb 2022
0.29%
31 Jan 2022 - 28 Feb 2022
0.29%
31 Dec 2021 - 31 Jan 2022
0.29%
30 Nov 2021 - 31 Dec 2021
0.44%
31 Oct 2021 - 30 Nov 2021
0.44%
30 Sep 2021 - 31 Oct 2021
0.44%
31 Aug 2021 - 30 Sep 2021
0.50%
31 Jul 2021 - 31 Aug 2021
0.50%
30 Jun 2021 - 31 Jul 2021
0.50%
31 May 2021 - 30 Jun 2021
0.50%
30 Apr 2021 - 31 May 2021
0.50%
31 Mar 2021 - 30 Apr 2021
0.51%
28 Feb 2021 - 31 Mar 2021
0.58%
31 Jan 2021 - 28 Feb 2021
0.58%
31 Dec 2020 - 31 Jan 2021
0.40%
30 Nov 2020 - 31 Dec 2020
0.40%
31 Oct 2020 - 30 Nov 2020
0.40%
30 Sep 2020 - 31 Oct 2020
0.41%
31 Aug 2020 - 30 Sep 2020
0.41%
31 Jul 2020 - 31 Aug 2020
0.41%
30 Jun 2020 - 31 Jul 2020
0.41%
31 May 2020 - 30 Jun 2020
0.41%
30 Apr 2020 - 31 May 2020
0.41%
31 Mar 2020 - 30 Apr 2020
1.03%
29 Feb 2020 - 31 Mar 2020
1.03%
31 Jan 2020 - 29 Feb 2020
0.55%
31 Dec 2019 - 31 Jan 2020
0.29%
30 Nov 2019 - 31 Dec 2019
0.29%
31 Oct 2019 - 30 Nov 2019
0.38%
30 Sep 2019 - 31 Oct 2019
0.38%
31 Aug 2019 - 30 Sep 2019
0.38%
31 Jul 2019 - 31 Aug 2019
0.51%
30 Jun 2019 - 31 Jul 2019
0.51%
31 May 2019 - 30 Jun 2019
0.56%
30 Apr 2019 - 31 May 2019
0.56%
31 Mar 2019 - 30 Apr 2019
0.62%
28 Feb 2019 - 31 Mar 2019
0.68%
Expense ratio, exit load and taxExpense ratio: 0.44%Inclusive of GST
Exit loadExit load of 0.25% if redeemed within 1 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementDevesh Thacker
Jan 2019 - Present
View details
Education
Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.
Experience
Prior to joining Union AMC in 2011 he has worked with Sahara AMC.
Also manages these schemes
Union Liquid Fund Growth
Union Liquid Fund IDCW Fortnightly
Union Liquid Fund IDCW Monthly
Union Liquid Fund IDCW Daily
Union Liquid Fund IDCW Weekly
Union Dynamic Bond Fund Growth
Union Dynamic Bond Fund IDCW
Union Short Term Fund IDCW Fortnightly
Union Short Term Fund Growth
Union Short Term Fund IDCW Daily
Union Short Term Fund IDCW Monthly
Union Liquid Fund Direct IDCW Daily
Union Liquid Fund Direct IDCW Monthly
Union Liquid Fund Direct Growth
Union Liquid Fund Direct IDCW Weekly
Union Liquid Fund Direct IDCW Fortnightly
Union Dynamic Bond Fund Direct IDCW
Union Dynamic Bond Fund Direct Growth
Union Short Term Fund Direct Growth
Union Short Term Fund Direct IDCW Daily
Union Liquid Unclaimed Unclaimed Redemption Upto 3 yrs
Union Liquid Unclaimed Unclaimed Redemption Above 3 yrs
Union Liquid Unclaimed Unclaimed IDCW Upto 3 yrs
Union Liquid Unclaimed Unclaimed IDCW Above 3 yrs
Union Arbitrage Fund Regular Growth
Union Arbitrage Fund Regular IDCW
Union Arbitrage Fund Direct IDCW
Union Arbitrage Fund Direct Growth
Union Overnight Fund Regular Growth
Union Overnight Fund Regular IDCW Daily
Union Overnight Fund Regular IDCW Weekly
Union Overnight Fund Regular IDCW Monthly
Union Overnight Fund Regular IDCW Fortnightly
Union Overnight Fund Direct IDCW Daily
Union Overnight Fund Direct Growth
Union Overnight Fund Direct IDCW Weekly
Union Overnight Fund Direct IDCW Fortnightly
Union Overnight Fund Direct IDCW Monthly
Union Money Market Fund Regular Growth
Union Money Market Fund Direct Growth
Union Money Market Fund Regular IDCW Daily
Union Money Market Fund Direct IDCW Daily
Union Money Market Fund Regular IDCW Weekly
Union Money Market Fund Direct IDCW Weekly
Union Money Market Fund Regular IDCW Monthly
Union Money Market Fund Direct IDCW Monthly
Vishal Thakker
Jan 2019 - Present
View details
Education
Mr.Thakker has done B.Com & M.B.A
Experience
Prior joining to Union Mutual Fund he has worked with Elara Capital and Emkay Shares & Stock Broking.
Also manages these schemes
Union Arbitrage Fund Regular Growth
Union Arbitrage Fund Regular IDCW
Union Arbitrage Fund Direct IDCW
Union Arbitrage Fund Direct Growth
Fund house & investment objective
Union Mutual Fund
Rank (total assets)#27 in India
Total AUM₹8,289.10Cr
Date of Incorporation30 Dec 2009
 Union Arbitrage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Vishal Thakker is the Current Fund Manager of Union Arbitrage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹8,289 Cr and the Latest NAV as of 07 Jun 2023 is ₹12.13.
The Union Arbitrage Fund Direct IDCW is rated Low risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹1,000. Exit load of 0.25% if redeemed within 1 months.
;
Investment ObjectiveThe scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments.
;
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
022-67483300 / 1800-200-2268
Launch Date
30 Dec 2009
E-mail
[email protected]
Website
www.unionmf.com
Union Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Union Arbitrage Fund Direct IDCW
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	6.1%	4.5%	5.2%
Category average	NA	5.4%	4.0%	NA
Rank with in category	NA	17	19	NA

Name	Sector	Instrument	Assets
Union Liquid Direct	Financial	Mutual Fund	13.7%
Reliance Industries Ltd.	Energy	Equity	7.3%
HDFC Bank Ltd.	Financial	Equity	5.3%
Kotak Mahindra Bank Ltd.	Financial	Equity	4.1%
Reserve Bank of India	Financial	T-Bills	3.2%
Reserve Bank of India	Financial	T-Bills	3.1%
Tata Consultancy Services Ltd.	Technology	Equity	3.1%
Bharti Airtel Ltd.	Communication	Equity	2.4%
UPL Ltd.	Chemicals	Equity	2.1%
Grasim Industries Ltd.	Construction	Equity	2.1%

Rank (total assets)	#27 in India
Total AUM	₹8,289.10Cr

Date of Incorporation	30 Dec 2009

Fund benchmark	NIFTY 50 Arbitrage Total Return Index

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Bengaluru – 560103
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Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹78.30Cr

Union Arbitrage Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (55)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.44%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Devesh ThackerJan 2019 - PresentView details

Vishal ThakkerJan 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Devesh Thacker
Jan 2019 - Present
View details

Vishal Thakker
Jan 2019 - Present
View details