How to Invest in Union Equity Savings Fund Direct IDCW?

You can easily invest in Union Equity Savings Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Union Equity Savings Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Union Equity Savings Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union Equity Savings Fund Direct IDCW provide?

The Union Equity Savings Fund Direct IDCW has been there from 09 Aug 2018 and the average annual returns provided by this fund is 2.68% since its inception.

How much expense ratio is charged by Union Equity Savings Fund Direct IDCW?

The term Expense Ratio used for Union Equity Savings Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Union Equity Savings Fund Direct IDCW is 1.38% as of 30 Jan 2023...

What is the AUM of Union Equity Savings Fund Direct IDCW?

The AUM, short for Assets Under Management of Union Equity Savings Fund Direct IDCW is ₹139.90Cr as of 30 Jan 2023.

How to Redeem Union Equity Savings Fund Direct IDCW?

If you want to sell your Union Equity Savings Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Union Equity Savings Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Union Equity Savings Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Union Equity Savings Fund Direct IDCW?

The NAV of Union Equity Savings Fund Direct IDCW is ₹13.79 as of 27 Jan 2023.

What is the PE and PB ratio of Union Equity Savings Fund Direct IDCW?

The PE ratio ratio of Union Equity Savings Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Union Equity Savings Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

Union Equity Savings Fund Direct IDCW
Hybrid
Equity Savings
Moderate Risk
Payout
7.37%
3Y annualised
-0.36% 1D
1M
6M
1Y
3Y
All
 NAV: 27 Jan 2023₹13.79
Min. SIP amountNot Supported
Rating2
Fund size₹139.90Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Equity Savings
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA2.7%7.4%7.8%
Category averageNA2.7%7.6%NA
Rank with in categoryNA1519NA
Understand terms
Holdings (73)NameSectorInstrumentAssets
Union Liquid Direct
FinancialMutual Fund6.9%
HDFC Bank Ltd.FinancialEquity5.0%
National Bank For Agriculture & Rural Development
FinancialDebenture4.9%
ICICI Bank Ltd.FinancialEquity4.4%
Reserve Bank of India
FinancialT-Bills3.9%
Reliance Industries Ltd.EnergyEquity3.7%
REC Ltd.FinancialBonds/NCD3.6%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.6%
Sun Pharmaceutical Industries Ltd.HealthcareEquity2.6%
Mahindra & Mahindra Ltd.AutomobileEquity2.3%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2022 - Present
1.38%
31 Dec 2022 - 31 Dec 2022
1.38%
30 Nov 2022 - 31 Dec 2022
1.39%
30 Nov 2022 - 30 Nov 2022
1.39%
30 Nov 2022 - 30 Nov 2022
1.39%
31 Oct 2022 - 30 Nov 2022
1.39%
31 Oct 2022 - 31 Oct 2022
1.39%
31 Oct 2022 - 31 Oct 2022
1.39%
30 Sep 2022 - 31 Oct 2022
1.39%
30 Sep 2022 - 30 Sep 2022
1.39%
30 Sep 2022 - 30 Sep 2022
1.39%
31 Aug 2022 - 30 Sep 2022
1.20%
31 Aug 2022 - 31 Aug 2022
1.20%
31 Jul 2022 - 31 Aug 2022
1.20%
31 Jul 2022 - 31 Jul 2022
1.20%
30 Jun 2022 - 31 Jul 2022
1.20%
30 Jun 2022 - 30 Jun 2022
1.20%
31 May 2022 - 30 Jun 2022
1.20%
31 May 2022 - 31 May 2022
1.20%
30 Apr 2022 - 31 May 2022
1.22%
30 Apr 2022 - 30 Apr 2022
1.22%
31 Mar 2022 - 30 Apr 2022
1.39%
31 Mar 2022 - 31 Mar 2022
1.39%
28 Feb 2022 - 31 Mar 2022
1.39%
28 Feb 2022 - 28 Feb 2022
1.39%
31 Jan 2022 - 28 Feb 2022
1.34%
31 Dec 2021 - 31 Jan 2022
1.34%
30 Nov 2021 - 31 Dec 2021
1.46%
31 Oct 2021 - 30 Nov 2021
1.46%
30 Sep 2021 - 31 Oct 2021
1.46%
31 Aug 2021 - 30 Sep 2021
1.40%
31 Jul 2021 - 31 Aug 2021
1.40%
30 Jun 2021 - 31 Jul 2021
1.40%
31 May 2021 - 30 Jun 2021
1.40%
30 Apr 2021 - 31 May 2021
1.40%
31 Mar 2021 - 30 Apr 2021
1.55%
28 Feb 2021 - 31 Mar 2021
1.65%
31 Jan 2021 - 28 Feb 2021
1.65%
31 Dec 2020 - 31 Jan 2021
1.42%
30 Nov 2020 - 31 Dec 2020
1.42%
31 Oct 2020 - 30 Nov 2020
1.42%
30 Sep 2020 - 31 Oct 2020
1.46%
31 Aug 2020 - 30 Sep 2020
1.47%
31 Jul 2020 - 31 Aug 2020
1.47%
30 Jun 2020 - 31 Jul 2020
1.47%
31 May 2020 - 30 Jun 2020
1.47%
30 Apr 2020 - 31 May 2020
1.47%
31 Mar 2020 - 30 Apr 2020
2.06%
29 Feb 2020 - 31 Mar 2020
2.06%
31 Jan 2020 - 29 Feb 2020
1.71%
31 Dec 2019 - 31 Jan 2020
1.41%
30 Nov 2019 - 31 Dec 2019
1.40%
31 Oct 2019 - 30 Nov 2019
1.30%
30 Sep 2019 - 31 Oct 2019
1.18%
31 Aug 2019 - 30 Sep 2019
1.18%
31 Jul 2019 - 31 Aug 2019
1.18%
30 Jun 2019 - 31 Jul 2019
1.18%
31 May 2019 - 30 Jun 2019
1.24%
30 Apr 2019 - 31 May 2019
1.24%
31 Mar 2019 - 30 Apr 2019
1.21%
28 Feb 2019 - 31 Mar 2019
1.21%
31 Jan 2019 - 28 Feb 2019
1.21%
31 Dec 2018 - 31 Jan 2019
1.36%
30 Nov 2018 - 31 Dec 2018
1.34%
31 Oct 2018 - 30 Nov 2018
1.34%
30 Sep 2018 - 31 Oct 2018
1.16%
31 Aug 2018 - 30 Sep 2018
1.16%
Expense ratio, exit load and taxExpense ratio: 1.38%Inclusive of GST
Exit load1% exit load if redeemed within 15 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementParijat Agrawal
Jul 2018 - Present
View details
Education
Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience
Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Also manages these schemes
Union Liquid Fund Growth
Union Liquid Fund IDCW Fortnightly
Union Liquid Fund IDCW Monthly
Union Liquid Fund IDCW Daily
Union Liquid Fund IDCW Weekly
Union Dynamic Bond Fund Growth
Union Dynamic Bond Fund IDCW
Union Asset Allocation Fund Growth
Union Asset Allocation Fund IDCW
Union Liquid Fund Direct IDCW Daily
Union Liquid Fund Direct IDCW Monthly
Union Liquid Fund Direct Growth
Union Liquid Fund Direct IDCW Weekly
Union Liquid Fund Direct IDCW Fortnightly
Union Dynamic Bond Fund Direct IDCW
Union Dynamic Bond Fund Direct Growth
Union Asset Allocation Fund Direct Growth
Union Capital Protection Oriented Fund Series 7 Regular Growth
Union Capital Protection Oriented Fund Series 8 Regular Growth
Union Balanced Advantage Fund Regular Growth
Union Balanced Advantage Fund Regular IDCW
Union Balanced Advantage Fund Direct IDCW
Union Balanced Advantage Fund Direct Growth
Union Liquid Unclaimed Unclaimed Redemption Upto 3 yrs
Union Liquid Unclaimed Unclaimed Redemption Above 3 yrs
Union Liquid Unclaimed Unclaimed IDCW Upto 3 yrs
Union Liquid Unclaimed Unclaimed IDCW Above 3 yrs
Union Corporate Bond Fund Regular Growth
Union Corporate Bond Fund Regular IDCW
Union Corporate Bond Fund Direct Growth
Union Corporate Bond Fund Direct IDCW
Union Equity Savings Fund Regular Growth
Union Equity Savings Fund Regular IDCW
Union Equity Savings Fund Direct Growth
Union Equity Savings Fund Direct IDCW
Union Medium Duration Fund Regular Growth
Union Medium Duration Fund Regular IDCW
Union Medium Duration Fund Direct Growth
Union Medium Duration Fund Direct IDCW
Union Hybrid Equity Fund Regular IDCW
Union Hybrid Equity Fund Regular Growth
Union Hybrid Equity Fund Direct Growth
Union Hybrid Equity Fund Direct IDCW
Union Money Market Fund Regular Growth
Union Money Market Fund Direct Growth
Union Money Market Fund Regular IDCW Daily
Union Money Market Fund Direct IDCW Daily
Union Money Market Fund Regular IDCW Weekly
Union Money Market Fund Direct IDCW Weekly
Union Money Market Fund Regular IDCW Monthly
Union Money Market Fund Direct IDCW Monthly
Union Gilt Fund Regular Growth
Union Gilt Fund Regular IDCW Yearly
Union Gilt Fund Direct Growth
Union Gilt Fund Direct IDCW Yearly
Union Gilt Fund Direct IDCW Half Yearly
Union Gilt Fund Regular IDCW Half Yearly
Vinay Paharia
Jul 2018 - Present
View details
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).
Also manages these schemes
Union Flexi Cap Fund Growth
Union Flexi Cap Fund IDCW
Union Long Term Equity Fund Growth
Union Long Term Equity Fund IDCW
Union Asset Allocation Fund Growth
Union Asset Allocation Fund IDCW
Union Flexi Cap Fund Direct Growth
Union Flexi Cap Fund Direct IDCW
Union Long Term Equity Fund Direct IDCW
Union Long Term Equity Fund Direct Growth
Union Asset Allocation Fund Direct Growth
Union Small Cap Fund Direct IDCW
Union Small Cap Fund Regular Growth
Union Small Cap Fund Regular IDCW
Union Small Cap Fund Direct Growth
Union Capital Protection Oriented Fund Series 7 Regular Growth
Union Largecap Fund Regular Growth
Union Largecap Fund Direct Growth
Union Largecap Fund Direct IDCW
Union Largecap Fund Regular IDCW
Union Capital Protection Oriented Fund Series 8 Regular Growth
Union Balanced Advantage Fund Regular Growth
Union Balanced Advantage Fund Regular IDCW
Union Balanced Advantage Fund Direct IDCW
Union Balanced Advantage Fund Direct Growth
Union Equity Savings Fund Regular Growth
Union Equity Savings Fund Regular IDCW
Union Equity Savings Fund Direct Growth
Union Equity Savings Fund Direct IDCW
Union Value Discovery Fund Regular Growth
Union Value Discovery Fund Regular IDCW
Union Value Discovery Fund Direct Growth
Union Value Discovery Fund Direct IDCW
Union Focused Fund Regular Growth
Union Focused Fund Direct IDCW
Union Focused Fund Direct Growth
Union Focused Fund Regular IDCW
Union Large & Midcap Fund Regular Growth
Union Large & Midcap Fund Regular IDCW
Union Large & Midcap Fund Direct Growth
Union Large & Midcap Fund Direct IDCW
Union Midcap Fund Regular Growth
Union Midcap Fund Regular IDCW
Union Midcap Fund Direct Growth
Union Midcap Fund Direct IDCW
Union Hybrid Equity Fund Regular IDCW
Union Hybrid Equity Fund Regular Growth
Union Hybrid Equity Fund Direct Growth
Union Hybrid Equity Fund Direct IDCW
Union Retirement Fund Regular Growth
Union Retirement Fund Regular IDCW
Union Retirement Fund Direct Growth
Union Retirement Fund Direct IDCW
Union Multicap Fund Regular Growth
Union Multicap Fund Regular IDCW
Union Multicap Fund Direct IDCW
Union Multicap Fund Direct Growth
Hardick Bora
Jul 2018 - Present
View details
Education
Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.
Experience
He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.
Also manages these schemes
Union Flexi Cap Fund Growth
Union Flexi Cap Fund IDCW
Union Long Term Equity Fund Growth
Union Long Term Equity Fund IDCW
Union Flexi Cap Fund Direct Growth
Union Flexi Cap Fund Direct IDCW
Union Long Term Equity Fund Direct IDCW
Union Long Term Equity Fund Direct Growth
Union Small Cap Fund Direct IDCW
Union Small Cap Fund Regular Growth
Union Small Cap Fund Regular IDCW
Union Small Cap Fund Direct Growth
Union Largecap Fund Regular Growth
Union Largecap Fund Direct Growth
Union Largecap Fund Direct IDCW
Union Largecap Fund Regular IDCW
Union Balanced Advantage Fund Regular Growth
Union Balanced Advantage Fund Regular IDCW
Union Balanced Advantage Fund Direct IDCW
Union Balanced Advantage Fund Direct Growth
Union Equity Savings Fund Regular Growth
Union Equity Savings Fund Regular IDCW
Union Equity Savings Fund Direct Growth
Union Equity Savings Fund Direct IDCW
Union Value Discovery Fund Regular Growth
Union Value Discovery Fund Regular IDCW
Union Value Discovery Fund Direct Growth
Union Value Discovery Fund Direct IDCW
Union Focused Fund Regular Growth
Union Focused Fund Direct IDCW
Union Focused Fund Direct Growth
Union Focused Fund Regular IDCW
Union Large & Midcap Fund Regular Growth
Union Large & Midcap Fund Regular IDCW
Union Large & Midcap Fund Direct Growth
Union Large & Midcap Fund Direct IDCW
Union Midcap Fund Regular Growth
Union Midcap Fund Regular IDCW
Union Midcap Fund Direct Growth
Union Midcap Fund Direct IDCW
Union Hybrid Equity Fund Regular IDCW
Union Hybrid Equity Fund Regular Growth
Union Hybrid Equity Fund Direct Growth
Union Hybrid Equity Fund Direct IDCW
Fund house & investment objective
Union Mutual Fund
Rank (total assets)#27 in India
Total AUM₹8,289.10Cr
Date of Incorporation30 Dec 2009
 Union Equity Savings Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Parijat Agrawal, Vinay Paharia, Hardick Bora is the Current Fund Manager of Union Equity Savings Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹8,289 Cr and the Latest NAV as of 27 Jan 2023 is ₹13.79.
The Union Equity Savings Fund Direct IDCW is rated Moderate risk. 1% exit load if redeemed within 15 days.
;
Investment ObjectiveTo seek capital appreciation and/or to generate consistent returns by actively investing in a combination of diversified equity and equity related instruments, arbitrage and derivative strategies and exposure in debt and money market instruments.However, there is no assurance that the Investment Objective of the scheme will be achieved.
;
Fund benchmarkCRISIL Equity Saving Index
Scheme Information Document(SID)
Fund house contact details
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
022-67483300 / 1800-200-2268
Launch Date
30 Dec 2009
E-mail
[email protected]
Website
NA
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,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Union Equity Savings Fund Direct IDCW
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	2.7%	7.4%	7.8%
Category average	NA	2.7%	7.6%	NA
Rank with in category	NA	15	19	NA

Name	Sector	Instrument	Assets
Union Liquid Direct	Financial	Mutual Fund	6.9%
HDFC Bank Ltd.	Financial	Equity	5.0%
National Bank For Agriculture & Rural Development	Financial	Debenture	4.9%
ICICI Bank Ltd.	Financial	Equity	4.4%
Reserve Bank of India	Financial	T-Bills	3.9%
Reliance Industries Ltd.	Energy	Equity	3.7%
REC Ltd.	Financial	Bonds/NCD	3.6%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	3.6%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	2.6%
Mahindra & Mahindra Ltd.	Automobile	Equity	2.3%

Rank (total assets)	#27 in India
Total AUM	₹8,289.10Cr

Date of Incorporation	30 Dec 2009

Fund benchmark	CRISIL Equity Saving Index

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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	2
Fund size	₹139.90Cr

Union Equity Savings Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (73)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.38%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Parijat AgrawalJul 2018 - PresentView details

Vinay PahariaJul 2018 - PresentView details

Hardick BoraJul 2018 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Parijat Agrawal
Jul 2018 - Present
View details

Vinay Paharia
Jul 2018 - Present
View details

Hardick Bora
Jul 2018 - Present
View details