| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.96% |
| NAV | ₹28.13 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹270 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.0% |
| Infosys Ltd. | Technology | Equity | 6.1% |
| Reliance Industries Ltd. | Energy | Equity | 5.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.0% |
| ICICI Bank Ltd. | Financial | Equity | 4.2% |
| Bharti Airtel Ltd. | Communication | Equity | 2.9% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | PPE | 2.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.1% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.0% |
Union Long Term Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by Union 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 ₹270 Cr and the Latest NAV as of 23 Oct 2020 is ₹28.13.
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.
The scheme seeks to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.