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Union Asset Allocation Fund Growth-0.08%

5.81%
1 Year Return
Hybrid
Multi Asset Allocation
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Union Asset Allocation Fund Growth

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.43%
NAV₹15.89 (20 Mar 2019)
Fund Started25 Jun 2012
Fund Size45 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.8%
7.5%
7.1%
7.1%
Category Average
34.4%
7.4%
9.1%
-
Rank Within Category
3
7
7
-
*All returns are annualized.
SIP
Minimum SIP amount2,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.8% returns per annum

Comparison

Data not available
Pros
Found nothing so far.
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Reliance ETF Gold BeESFinancialMutual Fund14.5%
GOISovereignCGL8.8%
National Highways Authority of India Ltd.ServicesNCD8.4%
Power Grid Corporation of India Ltd.EnergyBonds5.3%
GOISovereignCGL5.3%
LIC Housing Finance Ltd.FinancialDebenture5.2%
GOISovereignGOI 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

Fund Managers

Vinay Paharia
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Union Asset Allocation Fund Growth Details

Union Asset Allocation Fund Growth is a Hybrid Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 25 Jun 2012. 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 ₹45 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.

Investment Objective

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.

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.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 0.50% if redeemed within 6 months.
Exit Load

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About Union Mutual Fund

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
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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