|Min SIP Amount||₹2000|
|NAV||₹19.90 (19 Jan 2021)|
|Fund Started||19 May 2014|
|Fund Size||₹402 Cr|
|Laurus Labs Ltd.||Healthcare||Equity||3.9%|
|TeamLease Services Ltd.||Services||Equity||3.8%|
|Neogen Chemicals Ltd.||Chemicals||Equity||3.1%|
|PI Industries Ltd.||Chemicals||Equity||3.1%|
|KNR Constructions Ltd.||Construction||Equity||3.0%|
|Orient Electric Ltd.||Engineering||Equity||3.0%|
|Dixon Technologies (India) Ltd.||Engineering||Equity||2.9%|
|Indiamart Intermesh Ltd.||Services||Equity||2.9%|
|Can Fin Homes Ltd.||Financial||Equity||2.8%|
|DCB Bank Ltd.||Financial||Equity||2.7%|
Union Small Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 19 May 2014. Ashish Ranawade, Hardick Bora is the Current Fund Manager of Union Small Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹402 Cr and the Latest NAV as of 19 Jan 2021 is ₹19.90.
The Union Small Cap Fund Direct 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 by investing in a portfolio consisting of equity and equity related securities, predominantly of small 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.