|Min SIP Amount||₹2000|
|NAV||₹15.96 (20 Oct 2020)|
|Fund Started||23 Mar 2020|
|Fund Size||₹180 Cr|
|Syngene International Ltd.||Healthcare||Equity||4.7%|
|PI Industries Ltd.||Chemicals||Equity||4.6%|
|Endurance Technologies Ltd.||Automobile||Equity||4.5%|
|Ipca Laboratories Ltd.||Healthcare||Equity||4.4%|
|Varun Beverages Ltd.||FMCG||Equity||3.8%|
|Indiamart Intermesh Ltd.||Services||Equity||3.1%|
|Crompton Greaves Consumer Electricals Ltd.||Cons Durable||Equity||2.8%|
Union Midcap Fund Regular Growth is a Equity Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 23 Mar 2020. Vinay Paharia is the Current Fund Manager of Union Midcap Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹180 Cr and the Latest NAV as of 20 Oct 2020 is ₹15.96.
The Union Midcap Fund Regular 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.
The Scheme seeks to achieve long term capital appreciation and generate income by investing predominantly in equity and equity related securities of mid cap companies.
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.