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Union Arbitrage Fund Direct Growth+0.01%

4.01%
1 Year Return
Hybrid
Arbitrage
6M
1Y
All

Fund Details

Union Arbitrage Fund Direct Growth

RiskLow
Min SIP Amount₹2000
Expense Ratio0.50%
NAV₹11.23 (22 Apr 2021)
Fund Started29 Jan 2019
Fund Size67 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.0%
-
-
5.0%
Category Average
3.3%
4.9%
5.5%
-
Rank Within Category
15
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount2,000
Amount Per Month₹5,000
Would have become
0
with 4.0% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.5%
2. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years

Top Holdings

NameSectorInstrument% Assets
Union Liquid DirectFinancialMutual Fund9.3%
GOISovereignGOI Sec3.7%
GOISovereignGOI Sec3.7%
Bharti Airtel Ltd.CommunicationEquity2.5%
Adani Ports and Special Economic Zone Ltd.ServicesEquity1.9%
Federal Bank Ltd.FinancialEquity1.8%
Hindustan Unilever Ltd.FMCGEquity1.8%
Mphasis Ltd.TechnologyEquity1.7%
ICICI Lombard General Insurance Company Ltd.FinancialEquity1.7%
JSW Steel Ltd.MetalsEquity1.7%
See All

Fund Managers

Vishal Thakker
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Union Arbitrage Fund Direct Growth Details

Union Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 29 Jan 2019. Vishal Thakker is the Current Fund Manager of Union Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹67 Cr and the Latest NAV as of 22 Apr 2021 is ₹11.23.

The Union Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 months.

Investment Objective

The 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.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.25% if redeemed within 1 months.
Exit Load

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About Union Mutual Fund

Address
Unit 802, 8th Floor, Tower ‘A’, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel (West) Mumbai - 400013
Phone
022-24833300
Launch Date
23 Mar 2011
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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