| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.94% |
| NAV | ₹24.59 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹228 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.3% |
| Reliance Industries Ltd. | Energy | Equity | 8.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.3% |
| ICICI Bank Ltd. | Financial | Equity | 4.7% |
| Infosys Ltd. | Technology | Equity | 3.6% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
| Bharti Airtel Ltd. | Communication | Equity | 2.7% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.2% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.0% |
Union Long Term Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union KBC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Ashish Ranawade is the Current Fund Manager of Union Long Term Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹228 Cr and the Latest NAV as of 03 Jul 2020 is ₹24.59.
The Union Long Term Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
To generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.However there can be no assurance that the investment objective of the scheme will be achieved.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.