| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 1.73% |
| NAV | ₹19.99 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹297 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.4% |
| Reliance Industries Ltd. | Energy | Equity | 8.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.3% |
| ICICI Bank Ltd. | Financial | Equity | 4.6% |
| Infosys Ltd. | Technology | Equity | 3.9% |
| Bharti Airtel Ltd. | Communication | Equity | 3.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.0% |
Union Multi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union KBC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Ashish Ranawade is the Current Fund Manager of Union Multi Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹297 Cr and the Latest NAV as of 03 Jul 2020 is ₹19.99.
The Union Multi Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000. 1% exit load if redeemed within 15 days.
To achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities. However there can be no assurance that the investment objective of the scheme will be achieved.
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.