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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
Rating2
Fund size₹44.60Cr

Returns and rankings

Category: 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 terms

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

Expense ratio, exit load and tax

Expense ratio: 1.43%

Inclusive of GST

Exit load

Exit load of 0.50% if redeemed within 6 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

NA

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Vinay Paharia
Apr 2018 - Present
View details

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

Fund house & investment objective

Fund house contact details

Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
022-67483300 / 1800-200-2268
Launch Date
30 Dec 2009
Website
NA
Amc Image
Union Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in Union Asset Allocation Fund Growth?

You can easily invest in Union Asset Allocation Fund Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Union Asset Allocation Fund Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Union Asset Allocation Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union Asset Allocation Fund Growth provide?

The Union Asset Allocation Fund Growth has been there from 25 Jun 2012 and the average annual returns provided by this fund is 5.81% since its inception.

How much expense ratio is charged by Union Asset Allocation Fund Growth?

The term Expense Ratio used for Union Asset Allocation Fund Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Union Asset Allocation Fund Growth is 1.43% as of 02 Jul 2022...

What is the AUM of Union Asset Allocation Fund Growth?

The AUM, short for Assets Under Management of Union Asset Allocation Fund Growth is ₹44.60Cr as of 02 Jul 2022.

How to Redeem Union Asset Allocation Fund Growth?

If you want to sell your Union Asset Allocation Fund Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Union Asset Allocation Fund Growth?

You can select either SIP or Lumpsum investment of Union Asset Allocation Fund Growth based on your investment objective and risk tolerance.

What is the NAV of Union Asset Allocation Fund Growth?

The NAV of Union Asset Allocation Fund Growth is ₹15.89 as of 20 Mar 2019.

What is the PE and PB ratio of Union Asset Allocation Fund Growth?

The PE ratio ratio of Union Asset Allocation Fund Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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