|Min SIP Amount||Not Supported|
|NAV||₹10.91 (20 Mar 2019)|
|Fund Started||25 Jun 2012|
|Fund Size||₹45 Cr|
|Reliance ETF Gold BeES||Financial||Mutual Fund||14.5%|
|National Highways Authority of India Ltd.||Services||NCD||8.4%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||5.3%|
|LIC Housing Finance Ltd.||Financial||Debenture||5.2%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||3.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||3.4%|
|HDFC Bank Ltd.||Financial||Equity||3.4%|
Union Asset Allocation Fund Dividend is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 25 Jun 2012. Parijat Agrawal, Ashish Ranawade is the Current Fund Manager of Union Asset Allocation Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹45 Cr and the Latest NAV as of 20 Mar 2019 is ₹10.91.
The Union Asset Allocation Fund Dividend is rated Moderately High risk. Minimum SIP Investment is set to 2000. Exit load of 0.50% if redeemed within 6 months.
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.
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.