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 (%)

Returns and rankings

Category: 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

Expense ratio, exit load and tax

Expense ratio: 1.38%

Inclusive of GST

Exit load

1% exit load if redeemed within 15 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Parijat 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

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

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

Fund house & investment objective

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
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,

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