|Min SIP Amount||₹2000|
|NAV||₹22.93 (23 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹374 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.5%|
|Reliance Industries Ltd.||Energy||Equity||6.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.0%|
|ICICI Bank Ltd.||Financial||Equity||3.9%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.5%|
|Bharti Airtel Ltd.||Communication||Equity||3.1%|
|Larsen & Toubro Ltd.||Construction||Equity||1.7%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||1.6%|
Union Multi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union 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 ₹374 Cr and the Latest NAV as of 23 Oct 2020 is ₹22.93.
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.
The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.
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.