Fund Details
Union Focused Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 1.53% |
| NAV | ₹14.53 (20 Jan 2021) |
|---|---|
| Fund Started | 05 Aug 2019 |
| Fund Size | ₹183 Cr |
Returns
Comparison
1. Lower expense ratio - 1.53%
2. 1Y Returns are higher than the category average returns
1. Age is less than 5 years
2. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.8% |
| Infosys Ltd. | Technology | Equity | 8.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.8% |
| Larsen & Toubro Infotech Ltd. | Technology | Equity | 6.1% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Bharti Airtel Ltd. | Communication | Equity | 5.5% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.4% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | PPE | 5.1% |
| PI Industries Ltd. | Chemicals | Equity | 4.8% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.7% |
Fund Managers
Union Focused Fund Direct Growth Details
Union Focused Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 05 Aug 2019. Vinay Paharia is the Current Fund Manager of Union Focused Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹183 Cr and the Latest NAV as of 20 Jan 2021 is ₹14.53.
The Union Focused 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.
Investment Objective
The scheme seek to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps.
Tax Implications
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.
