Union Equity Savings Fund Direct IDCW

Hybrid
Equity Savings
Moderate Risk
Payout
8.19%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
All
NAV: 29 Feb 2024₹15.89
Min. SIP amount₹1,000
Rating2
Fund size₹122.52Cr

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 returnsNA15.5%8.2%9.2%
Category averageNA16.4%9.3%NA
Rank with in categoryNA1520NA
Understand terms

Holdings (106)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills8.04%
FinancialEquity4.88%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture4.06%
Reserve Bank of India
FinancialT-Bills4.05%
Reserve Bank of India
FinancialT-Bills4.02%
EnergyEquity3.35%
FinancialEquity3.15%
HealthcareEquity2.89%
TechnologyEquity2.53%
ConstructionEquity2.33%
See All

Expense ratio, exit load and tax

Expense ratio: 1.76%

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 investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Parijat Agrawal
Jul 2018 - Present
View details

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
Prior to joining Union Mutual Fund, he has worked with Motilal Oswal Securities Ltd., Dolat Capital Markets Pvt Ltd. as Research Associate, Khandwala Securities Ltd. as Research Associate, Yen Management Consultants Pvt. Ltd. and 3 Global Services Pvt. Ltd.
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) 6748 3300
Launch Date
30 Dec 2009
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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