Fund Details
Union Largecap Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 1.87% |
| NAV | ₹14.01 (20 Jan 2021) |
|---|---|
| Fund Started | 11 May 2017 |
| Fund Size | ₹198 Cr |
Returns
Comparison
1. 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
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.6% |
| Infosys Ltd. | Technology | Equity | 6.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.5% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.0% |
| Reliance Industries Ltd. | Energy | Equity | 4.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.3% |
| Axis Bank Ltd. | Financial | Equity | 2.6% |
Fund Managers
Union Largecap Fund Direct Growth Details
Union Largecap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 11 May 2017. Anshul Mishra is the Current Fund Manager of Union Largecap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹198 Cr and the Latest NAV as of 20 Jan 2021 is ₹14.01.
The Union Largecap 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 generate capital appreciation by investing in a portfolio of select equity and equity linked securities of large cap companies.
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.
