Name: Union Asset Allocation Fund Growth
Brand: Union Mutual Fund

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Union Asset Allocation Fund Growth
Hybrid
Multi Asset Allocation
Moderately High Risk
7.52%
3Y annualised
-0.08% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Mar 2019₹15.89
Min. SIP amountNA
Rating2star
Fund size₹44.60 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Multi Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.8%7.5%7.1%7.1%
Category average34.5%11.1%9.5%NA
Rank with in category377NA
Understand termsinfo
Holdings (30)NameSectorInstrumentAssets
Reliance ETF Gold BeES
FinancialMutual Fund14.5%
GOI
SovereignCGL8.8%
National Highways Authority of India Ltd.
ServicesNCD8.4%
Power Grid Corporation of India Ltd.
EnergyBonds5.3%
GOI
SovereignCGL5.3%
LIC Housing Finance Ltd.
FinancialDebenture5.2%
GOI
SovereignGOI Sec4.2%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.4%
Housing Development Finance Corpn. Ltd.
FinancialDebenture3.4%
HDFC Bank Ltd.
FinancialEquity3.4%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Mar 2019 - Present
1.43%
28 Feb 2019 - 31 Mar 2019
1.39%
31 Jan 2019 - 28 Feb 2019
1.39%
31 Dec 2018 - 31 Jan 2019
1.44%
30 Nov 2018 - 31 Dec 2018
1.45%
31 Oct 2018 - 30 Nov 2018
1.45%
30 Sep 2018 - 31 Oct 2018
1.47%
31 Aug 2018 - 30 Sep 2018
1.48%
31 Jul 2018 - 31 Aug 2018
1.49%
30 Jun 2018 - 31 Jul 2018
1.49%
31 May 2018 - 30 Jun 2018
1.46%
30 Apr 2018 - 31 May 2018
1.60%
31 Mar 2018 - 30 Apr 2018
1.61%
28 Feb 2018 - 31 Mar 2018
1.57%
31 Jan 2018 - 28 Feb 2018
1.56%
31 Dec 2017 - 31 Jan 2018
1.36%
30 Nov 2017 - 31 Dec 2017
1.49%
31 Oct 2017 - 30 Nov 2017
1.49%
Expense ratio, exit load and taxExpense ratio: 1.43%Inclusive of GST
Exit loadExit load of 0.50% if redeemed within 6 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementParijat Agrawal
Jun 2012 - Present
View details
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Education
Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.
Experience
Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.
Also manages these schemes
Union Liquid Fund Growth
Union Liquid Fund IDCW Monthly
Union Dynamic Bond Fund Growth
Union Dynamic Bond Fund IDCW
Union Asset Allocation Fund Growth
Union Asset Allocation Fund IDCW
Union Liquid Fund Direct Growth
Union Dynamic Bond Fund Direct Growth
Union Asset Allocation Fund Direct Growth
Union Capital Protection Oriented Fund Series 7 Regular Growth
Union Capital Protection Oriented Fund Series 8 Regular Growth
Union Balanced Advantage Fund Regular Growth
Union Balanced Advantage Fund Regular IDCW
Union Balanced Advantage Fund Direct IDCW
Union Balanced Advantage Fund Direct Growth
Union Corporate Bond Fund Regular Growth
Union Corporate Bond Fund Direct Growth
Union Equity Savings Fund Regular Growth
Union Equity Savings Fund Direct Growth
Union Medium Duration Fund Regular Growth
Union Medium Duration Fund Regular IDCW
Union Medium Duration Fund Direct Growth
Union Medium Duration Fund Direct IDCW
Vinay Paharia
Apr 2018 - Present
View details
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Education
Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.
Experience
Prior to joining Union Mutual Fund he was associated with Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
Also manages these schemes
Union Flexi Cap Fund Growth
Union Flexi Cap Fund IDCW
Union Long Term Equity Fund Growth
Union Long Term Equity Fund IDCW
Union Asset Allocation Fund Growth
Union Asset Allocation Fund IDCW
Union Flexi Cap Fund Direct Growth
Union Flexi Cap Fund Direct IDCW
Union Long Term Equity Fund Direct IDCW
Union Long Term Equity Fund Direct Growth
Union Asset Allocation Fund Direct Growth
Union Small Cap Fund Direct IDCW
Union Small Cap Fund Regular Growth
Union Small Cap Fund Regular IDCW
Union Small Cap Fund Direct Growth
Union Capital Protection Oriented Fund Series 7 Regular Growth
Union Largecap Fund Regular Growth
Union Largecap Fund Direct Growth
Union Largecap Fund Regular IDCW
Union Capital Protection Oriented Fund Series 8 Regular Growth
Union Balanced Advantage Fund Regular Growth
Union Balanced Advantage Fund Regular IDCW
Union Balanced Advantage Fund Direct IDCW
Union Balanced Advantage Fund Direct Growth
Union Equity Savings Fund Regular Growth
Union Equity Savings Fund Direct Growth
Union Value Discovery Fund Regular Growth
Union Value Discovery Fund Direct IDCW
Union Focused Fund Regular Growth
Union Focused Fund Direct Growth
Union Large & Midcap Fund Regular Growth
Union Large & Midcap Fund Regular IDCW
Union Large & Midcap Fund Direct Growth
Union Large & Midcap Fund Direct IDCW
Union Midcap Fund Regular Growth
Union Midcap Fund Direct Growth
Fund house & investment objective
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Union Mutual Fund
Rank (total assets)#27 in India
Total AUM5,207.10 Cr
Date of Incorporation23 Mar 2011
Union Asset Allocation Fund Growth is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 23 Mar
Union Asset Allocation Fund Growth is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 23 Mar 2011. Parijat Agrawal, Ashish Ranawade is the Current Fund Manager of Union Asset Allocation Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,207 Cr and the Latest NAV as of 20 Mar 2019 is ₹15.89.
The Union Asset Allocation Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 2000. Exit load of 0.50% if redeemed within 6 months....Read more
Investment Objective
The scheme seeks to generate capital appreciation by actively investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and 
The scheme seeks to generate capital appreciation by actively investing in a diversified portfolio of Equity and Equity Related Instruments, Debt and Money Market Instruments and Gold Exchange Traded Funds.
...Read more
Fund benchmarkGroww Equity Hybrid
descriptionScheme Information Document(SID)
Fund house contact details
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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
E-mail
[email protected]
Website
NA
Union Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	5.8%	7.5%	7.1%	7.1%
Category average	34.5%	11.1%	9.5%	NA
Rank with in category	3	7	7	NA

Name	Sector	Instrument	Assets
Reliance ETF Gold BeES	Financial	Mutual Fund	14.5%
GOI	Sovereign	CGL	8.8%
National Highways Authority of India Ltd.	Services	NCD	8.4%
Power Grid Corporation of India Ltd.	Energy	Bonds	5.3%
GOI	Sovereign	CGL	5.3%
LIC Housing Finance Ltd.	Financial	Debenture	5.2%
GOI	Sovereign	GOI Sec	4.2%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	3.4%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	3.4%
HDFC Bank Ltd.	Financial	Equity	3.4%

Rating	2
Fund size	₹44.60 Cr

Rank (total assets)	#27 in India
Total AUM	5,207.10 Cr