Union Small Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union KBC Mutual Fund. This scheme was introduced to investors on 19 May 2014. Ashish Ranawade, Hardick Bora is the Current Fund Manager of Union Small Cap Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹352 Cr and the Latest NAV as of 19 Feb 2020 is ₹16.33.
The Union Small Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year..
The investment objective of the scheme is to achieve long term capital appreciation by investing in a portfolio consisting of equity and equity related securities, predominantly of small and midsized companies. However, there is no assurance that the Investment Objective of the scheme will be achieved.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year.