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| NAV: 22 Nov 2024 | ₹13.94 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹237.52Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 8.4% | 6.6% | 5.8% | 6.0% |
| Category average | 7.5% | 6.0% | 5.1% | NA |
| Rank with in category | 9 | 18 | 15 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.5% | 7.3% | 17,656.72 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.6% | 7.1% | 53,682.68 |
Tata Arbitrage Fund Direct Growth | 5 | 8.5% | 6.9% | 11,671.92 |
Nippon India Arbitrage Fund Direct Growth | 4 | 8.4% | 6.9% | 15,257.72 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.4% | 6.9% | 12,502.74 |
Holdings (180)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Union Liquid Direct | NA | Mutual Fund | 14.04% |
Reliance Industries Ltd. | Energy | Equity | 4.00% |
Union Money Market Fund Direct - Growth | NA | Mutual Fund | 3.09% |
Bajaj Auto Ltd. | Automobile | Equity | 2.68% |
Maruti Suzuki India Ltd. | Automobile | Equity | 1.92% |
Vedanta Ltd. | Metals & Mining | Equity | 1.79% |
Infosys Ltd. | Technology | Equity | 1.75% |
Larsen & Toubro Ltd. | Construction | Equity | 1.73% |
HDFC Bank Ltd. | Financial | Equity | 1.68% |
Bharti Airtel Ltd. | Communication | Equity | 1.41% |
State Bank of India | Financial | Equity | 1.33% |
Cipla Ltd. | Healthcare | Equity | 1.28% |
Vodafone Idea Ltd. | Communication | Equity | 1.27% |
ITC Ltd. | Consumer Staples | Equity | 1.24% |
Coal India Ltd. | Energy | Equity | 1.24% |
Eicher Motors Ltd. | Automobile | Equity | 1.22% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.19% |
Trent Ltd. | Services | Equity | 1.16% |
Interglobe Aviation Ltd. | Services | Equity | 1.14% |
Aditya Birla Fashion and Retail Ltd. | Services | Equity | 1.11% |
Voltas Ltd. | Consumer Discretionary | Equity | 1.09% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.06% |
NTPC Ltd. | Energy | Equity | 1.05% |
National Aluminium Company Ltd. | Metals & Mining | Equity | 1.04% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.02% |
Adani Enterprises Ltd. | Services | Equity | 0.97% |
Aurobindo Pharma Ltd. | Healthcare | Equity | 0.91% |
Wipro Ltd. | Technology | Equity | 0.88% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 0.85% |
Aarti Industries Ltd. | Chemicals | Equity | 0.83% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 0.82% |
HDFC Life Insurance Co Ltd. | Insurance | Equity | 0.81% |
Ultratech Cement Ltd. | Construction | Equity | 0.81% |
Reserve Bank of India | Financial | T-Bills | 0.81% |
JSW Steel Ltd. | Metals & Mining | Equity | 0.80% |
Jubilant FoodWorks Ltd. | Services | Equity | 0.79% |
Nestle India Ltd. | Consumer Staples | Equity | 0.78% |
Power Finance Corporation Ltd. | Financial | Equity | 0.77% |
Bharat Electronics Ltd. | Capital Goods | Equity | 0.76% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.76% |
Max Financial Services Ltd. | Financial | Equity | 0.75% |
REC Ltd. | Financial | Equity | 0.73% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 0.72% |
Mphasis Ltd. | Technology | Equity | 0.71% |
Titan Company Ltd. | Consumer Discretionary | Equity | 0.70% |
Indian Oil Corporation Ltd. | Energy | Equity | 0.68% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 0.68% |
Atul Ltd. | Chemicals | Equity | 0.64% |
Siemens Ltd. | Capital Goods | Equity | 0.64% |
ACC Ltd. | Construction | Equity | 0.63% |
Indus Towers Ltd. | Communication | Equity | 0.61% |
Tata Motors Ltd. | Automobile | Equity | 0.60% |
Canara Bank | Financial | Equity | 0.59% |
Grasim Industries Ltd. | Construction | Equity | 0.58% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 0.58% |
Bharat Petroleum Corporation Ltd. | Energy | Equity | 0.57% |
Lupin Ltd. | Healthcare | Equity | 0.57% |
Indusind Bank Ltd. | Financial | Equity | 0.56% |
Axis Bank Ltd. | Financial | Equity | 0.56% |
DLF Ltd. | Construction | Equity | 0.55% |
Tata Steel Ltd. | Metals & Mining | Equity | 0.53% |
Hero Motocorp Ltd. | Automobile | Equity | 0.52% |
Muthoot Finance Ltd. | Financial | Equity | 0.52% |
Bank Of Baroda | Financial | Equity | 0.51% |
HCL Technologies Ltd. | Technology | Equity | 0.50% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.49% |
Tata Power Company Ltd. | Energy | Equity | 0.44% |
JK Cement Ltd. | Construction | Equity | 0.44% |
Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 0.43% |
Tech Mahindra Ltd. | Technology | Equity | 0.43% |
United Spirits Ltd. | Consumer Staples | Equity | 0.41% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 0.40% |
Bajaj Finance Ltd. | Financial | Equity | 0.39% |
Exide Industries Ltd. | Capital Goods | Equity | 0.37% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 0.37% |
HDFC Asset Management Company Ltd. | Financial | Equity | 0.37% |
TVS Motor Company Ltd. | Automobile | Equity | 0.36% |
GMR Airports Infrastructure Ltd. | Construction | Equity | 0.36% |
Ambuja Cements Ltd. | Construction | Equity | 0.30% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 0.27% |
Bandhan Bank Ltd. | Financial | Equity | 0.27% |
Persistent Systems Ltd. | Technology | Equity | 0.26% |
Container Corporation Of India Ltd. | Services | Equity | 0.24% |
Shriram Finance Ltd | Financial | Equity | 0.23% |
PVR Inox Ltd. | Services | Equity | 0.23% |
Astral Ltd. | Chemicals | Equity | 0.21% |
Abbott India Ltd. | Healthcare | Equity | 0.14% |
Tata Communications Ltd. | Communication | Equity | 0.14% |
Reserve Bank of India | Financial | T-Bills | 0.11% |
Alkem Laboratories Ltd. | Healthcare | Equity | 0.07% |
Alkem Laboratories Ltd. | Healthcare | Futures | -0.07% |
Reliance Industries Ltd. | Energy | Futures | -0.08% |
Abbott India Ltd. | Healthcare | Futures | -0.14% |
Tata Communications Ltd. | Communication | Futures | -0.15% |
Astral Ltd. | Chemicals | Futures | -0.21% |
Shriram Finance Ltd | Financial | Futures | -0.23% |
Container Corporation Of India Ltd. | Services | Futures | -0.24% |
PVR Inox Ltd. | Services | Futures | -0.24% |
Persistent Systems Ltd. | Technology | Futures | -0.26% |
Multi Commodity Exchange Of India Ltd. | Services | Futures | -0.27% |
Bandhan Bank Ltd. | Financial | Futures | -0.27% |
Ambuja Cements Ltd. | Construction | Futures | -0.30% |
TVS Motor Company Ltd. | Automobile | Futures | -0.36% |
Exide Industries Ltd. | Capital Goods | Futures | -0.37% |
GMR Airports Infrastructure Ltd. | Construction | Futures | -0.37% |
SBI Life Insurance Company Ltd. | Insurance | Futures | -0.37% |
HDFC Asset Management Company Ltd. | Financial | Futures | -0.37% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.38% |
Bajaj Finance Ltd. | Financial | Futures | -0.39% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.39% |
Hindustan Unilever Ltd. | Consumer Staples | Futures | -0.40% |
United Spirits Ltd. | Consumer Staples | Futures | -0.42% |
Apollo Hospitals Enterprise Ltd. | Healthcare | Futures | -0.43% |
Tata Power Company Ltd. | Energy | Futures | -0.44% |
JK Cement Ltd. | Construction | Futures | -0.44% |
Tech Mahindra Ltd. | Technology | Futures | -0.44% |
Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -0.49% |
Bank Of Baroda | Financial | Futures | -0.51% |
HCL Technologies Ltd. | Technology | Futures | -0.51% |
Hero Motocorp Ltd. | Automobile | Futures | -0.52% |
Muthoot Finance Ltd. | Financial | Futures | -0.52% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -0.53% |
Tata Steel Ltd. | Metals & Mining | Futures | -0.54% |
DLF Ltd. | Construction | Futures | -0.56% |
Indusind Bank Ltd. | Financial | Futures | -0.56% |
Bharat Petroleum Corporation Ltd. | Energy | Futures | -0.57% |
Lupin Ltd. | Healthcare | Futures | -0.57% |
Axis Bank Ltd. | Financial | Futures | -0.57% |
Grasim Industries Ltd. | Construction | Futures | -0.58% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -0.59% |
Tata Motors Ltd. | Automobile | Futures | -0.60% |
Canara Bank | Financial | Futures | -0.60% |
Tata Consultancy Services Ltd. | Technology | Futures | -0.60% |
Indus Towers Ltd. | Communication | Futures | -0.62% |
ACC Ltd. | Construction | Futures | -0.63% |
Atul Ltd. | Chemicals | Futures | -0.64% |
Siemens Ltd. | Capital Goods | Futures | -0.64% |
Indian Oil Corporation Ltd. | Energy | Futures | -0.69% |
Samvardhana Motherson International Ltd. | Automobile | Futures | -0.69% |
Bharti Airtel Ltd. | Communication | Futures | -0.69% |
Titan Company Ltd. | Consumer Discretionary | Futures | -0.70% |
Mphasis Ltd. | Technology | Futures | -0.71% |
REC Ltd. | Financial | Futures | -0.72% |
Hindustan Petroleum Corporation Ltd. | Energy | Futures | -0.73% |
Bharti Airtel Ltd. | Communication | Futures | -0.73% |
Max Financial Services Ltd. | Financial | Futures | -0.76% |
Bharat Electronics Ltd. | Capital Goods | Futures | -0.77% |
Power Finance Corporation Ltd. | Financial | Futures | -0.77% |
Nestle India Ltd. | Consumer Staples | Futures | -0.78% |
JSW Steel Ltd. | Metals & Mining | Futures | -0.80% |
Jubilant FoodWorks Ltd. | Services | Futures | -0.80% |
HDFC Life Insurance Co Ltd. | Insurance | Futures | -0.81% |
Ultratech Cement Ltd. | Construction | Futures | -0.82% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -0.83% |
Aarti Industries Ltd. | Chemicals | Futures | -0.84% |
Jindal Steel & Power Ltd. | Metals & Mining | Futures | -0.85% |
Infosys Ltd. | Technology | Futures | -0.87% |
Wipro Ltd. | Technology | Futures | -0.88% |
Infosys Ltd. | Technology | Futures | -0.90% |
Aurobindo Pharma Ltd. | Healthcare | Futures | -0.91% |
Adani Enterprises Ltd. | Services | Futures | -0.98% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -1.02% |
National Aluminium Company Ltd. | Metals & Mining | Futures | -1.04% |
NTPC Ltd. | Energy | Futures | -1.06% |
Voltas Ltd. | Consumer Discretionary | Futures | -1.10% |
Aditya Birla Fashion and Retail Ltd. | Services | Futures | -1.12% |
Interglobe Aviation Ltd. | Services | Futures | -1.15% |
Trent Ltd. | Services | Futures | -1.17% |
Eicher Motors Ltd. | Automobile | Futures | -1.23% |
ITC Ltd. | Consumer Staples | Futures | -1.25% |
Coal India Ltd. | Energy | Futures | -1.25% |
Cipla Ltd. | Healthcare | Futures | -1.28% |
Vodafone Idea Ltd. | Communication | Futures | -1.28% |
State Bank of India | Financial | Futures | -1.34% |
HDFC Bank Ltd. | Financial | Futures | -1.69% |
Larsen & Toubro Ltd. | Construction | Futures | -1.74% |
Vedanta Ltd. | Metals & Mining | Futures | -1.80% |
Maruti Suzuki India Ltd. | Automobile | Futures | -1.93% |
Bajaj Auto Ltd. | Automobile | Futures | -2.69% |
Reliance Industries Ltd. | Energy | Futures | -3.93% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 2.53
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
Lower expense ratio: 0.41%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.41%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 1 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Devesh ThackerJan 2019 - PresentView details
Devesh 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
Vishal ThakkerJan 2019 - PresentView details
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
Fund house & investment objective
Fund house contact details
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
(022) 6748 3300
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
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