Union Arbitrage Fund Direct Growth+0.03%

5.27%
1 Year Return
Hybrid
Arbitrage
6M
1Y
All

Fund Details

Union Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹2000
Expense Ratio0.40%
NAV11.02 (26 Oct 2020)
Fund Started29 Jan 2019
Fund Size89 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Union Arbitrage Fund Direct Growth
5.3%
NA
NA
6.0%
Category Average
4.0%
5.3%
5.7%
-
Rank within category
5
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 5.3% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.41%
    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
    3. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Union Liquid DirectFinancialMutual Fund9.3%
    Adani Enterprises Ltd.ServicesEquity2.7%
    HDFC Bank Ltd.FinancialTerm Deposits2.2%
    Adani Ports and Special Economic Zone Ltd.ServicesEquity2.2%
    ICICI Bank Ltd.FinancialEquity1.9%
    Biocon Ltd.HealthcareEquity1.6%
    Zee Entertainment Enterprises Ltd.ServicesEquity1.5%
    Indusind Bank Ltd.FinancialEquity1.5%
    JSW Steel Ltd.MetalsEquity1.4%
    HCL Technologies Ltd.TechnologyEquity1.4%
    See All

    Fund Managers

    addVishal Thakker
    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.
    Funds Managed

    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 ₹89 Cr and the Latest NAV as of 26 Oct 2020 is ₹11.02.

    The Union Arbitrage Fund Direct Growth is rated Moderately 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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