Union Asset Allocation Fund Direct Growth-0.08%

6.06%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Union Asset Allocation Fund Direct Growth

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.28%
NAV16.45 (20 Mar 2019)
Fund Started01 Jan 2013
Fund Size45 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Union Asset Allocation Fund Direct Growth
6.1%
8.0%
7.7%
7.1%
Category Average
5.4%
4.7%
7.0%
-
Rank within category
3
8
8
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.1% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Reliance ETF Gold BeESFinancialMutual Fund14.5%
    GOISovereignCGL8.8%
    National Highways Authority of India Ltd.ServicesNCD8.4%
    Power Grid Corporation of India Ltd.EnergyBonds5.3%
    GOISovereignCGL5.3%
    LIC Housing Finance Ltd.FinancialDebenture5.2%
    GOISovereignGOI Sec4.2%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture3.4%
    Housing Development Finance Corpn. Ltd.FinancialDebenture3.4%
    HDFC Bank Ltd.FinancialEquity3.4%
    See All

    Fund Managers

    addVinay Paharia
    Education
    Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.
    Experience
    Prior to joining Union Mutual Fund he was associated with Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
    Funds Managed

    Union Asset Allocation Fund Direct Growth Details

    Union Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Parijat Agrawal, Ashish Ranawade is the Current Fund Manager of Union Asset Allocation Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹45 Cr and the Latest NAV as of 20 Mar 2019 is ₹16.45.

    The Union Asset Allocation Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 2000. Exit load of 0.50% if redeemed within 6 months.

    Investment Objective

    The scheme seeks to generate capital appreciation by actively investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments and Gold Exchange Traded Funds.

    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)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Exit load of 0.50% if redeemed within 6 months.
    Exit Load

    Compare Funds

    Union Asset Allocation Fund Direct Growth
    VS
    search

    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
    NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Similar Funds
    Data not available