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Union Focused Fund Direct Growth+0.55%

27.34%
1 Year Return
Equity
Multi Cap
3.0star
6M
1Y
All

Fund Details

Union Focused Fund Direct Growth

RiskModerately High
Min SIP Amount₹2000
Expense Ratio1.53%
NAV₹14.53 (20 Jan 2021)
Fund Started05 Aug 2019
Fund Size183 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
27.3%
-
-
28.9%
Category Average
18.5%
7.2%
14.3%
-
Rank Within Category
7
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount2,000
Amount Per Month₹5,000
Would have become
0
with 27.3% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 1.53%
2. 1Y Returns are higher than the category average returns
Cons
1. Age is less than 5 years
2. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity9.8%
Infosys Ltd.TechnologyEquity8.1%
Housing Development Finance Corpn. Ltd.FinancialEquity7.8%
Larsen & Toubro Infotech Ltd.TechnologyEquity6.1%
ICICI Bank Ltd.FinancialEquity5.5%
Bharti Airtel Ltd.CommunicationEquity5.5%
Larsen & Toubro Ltd.ConstructionEquity5.4%
Reliance Industries Ltd - Partly Paid EquityEnergyPPE5.1%
PI Industries Ltd.ChemicalsEquity4.8%
Maruti Suzuki India Ltd.AutomobileEquity4.7%
See All

Fund Managers

Vinay Paharia
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Hardick Bora
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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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
1% exit load if redeemed within 15 days.
Exit Load

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About Union Mutual Fund

Address
Unit 802, 8th Floor, Tower ‘A’, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel (West) Mumbai - 400013
Phone
022-24833300
Launch Date
23 Mar 2011
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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