| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 1.53% |
| NAV | ₹10.42 (02 Jul 2020) |
|---|---|
| Fund Started | 05 Aug 2019 |
| Fund Size | ₹168 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 8.2% |
| United Spirits Ltd. | FMCG | Equity | 7.4% |
| Bharti Airtel Ltd. | Communication | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 7.1% |
| Infosys Ltd. | Technology | Equity | 6.5% |
| Reliance Industries Ltd. | Energy | Equity | 6.4% |
| Larsen & Toubro Ltd. | Construction | Equity | 6.2% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.1% |
Union Focused Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union KBC 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 ₹168 Cr and the Latest NAV as of 02 Jul 2020 is ₹10.42.
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.
The scheme seek to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps.
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.