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Union Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Low Risk
4.75%
3Y annualised
-0.07% 1D
1M
6M
1Y
3Y
All
NAV: 23 May 2022₹11.70
Min. SIP amount₹1,000
Rating3
Fund size₹95.50Cr

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.9%4.8%5.0%
Category averageNA3.3%4.7%NA
Rank with in categoryNA1914NA
Understand terms

Holdings (78)

NameSectorInstrumentAssets
Union Liquid Direct
FinancialMutual Fund7.8%
GOI
SovereignGOI Sec6.4%
Infosys Ltd.TechnologyEquity3.9%
Bharti Airtel Ltd.CommunicationEquity3.7%
GOI
SovereignGOI Sec3.5%
Reserve Bank of India
FinancialT-Bills3.0%
GOI
SovereignGOI Sec2.5%
Adani Enterprises Ltd.ServicesEquity2.2%
Vedanta Ltd.Metals & MiningEquity2.1%
Reliance Industries Ltd.EnergyEquity2.1%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher alpha: 2.1 The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage TRI - in the last 3Y
Lower expense ratio: 0.3%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 99Cr. Funds with lower AUM tend to have higher expense ratio

Expense ratio, exit load and tax

Expense ratio: 0.37%

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

Returns 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 amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

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
022-67483300 / 1800-200-2268
Launch Date
30 Dec 2009
Website
NA
Amc Image
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,

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FAQs

How to Invest in Union Arbitrage Fund Direct Growth?

You can easily invest in Union Arbitrage Fund Direct Growth 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 Growth 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 Growth as SIP or lumpsum as per your investment objective and risk tolerance

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

The Union Arbitrage Fund Direct Growth has been there from 29 Jan 2019 and the average annual returns provided by this fund is 3.91% since its inception.

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

The term Expense Ratio used for Union Arbitrage Fund Direct Growth 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 Growth is 0.37% as of 24 May 2022...

What is the AUM of Union Arbitrage Fund Direct Growth?

The AUM, short for Assets Under Management of Union Arbitrage Fund Direct Growth is ₹95.50Cr as of 24 May 2022.

How to Redeem Union Arbitrage Fund Direct Growth?

If you want to sell your Union Arbitrage Fund Direct Growth 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 Growth?

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

What is the NAV of Union Arbitrage Fund Direct Growth?

The NAV of Union Arbitrage Fund Direct Growth is ₹11.70 as of 23 May 2022.

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

The PE ratio ratio of Union Arbitrage Fund Direct Growth 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).

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