Union Asset Allocation Fund Growth - Latest NAV[15.89], MF Performance & Returns 2022

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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
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 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
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 terms
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
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
Union Hybrid Equity Fund Regular IDCW
Union Hybrid Equity Fund Regular Growth
Union Hybrid Equity Fund Direct Growth
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
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
Union Hybrid Equity Fund Regular IDCW
Union Hybrid Equity Fund Regular Growth
Union Hybrid Equity Fund Direct Growth
Fund house & investment objective
Union Mutual Fund
Rank (total assets)#27 in India
Total AUM₹5,207.10Cr
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 o
 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
Scheme Information Document(SID)
Fund house contact details
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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FAQsHow 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 24 Jan 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 24 Jan 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).

	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%

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

Date of Incorporation	23 Mar 2011

Fund benchmark	Groww Equity Hybrid

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Rating	2
Fund size	₹44.60Cr