How to Invest in Union Value Discovery Fund Direct IDCW?

You can easily invest in Union Value Discovery Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Union Value Discovery Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Union Value Discovery Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Union Value Discovery Fund Direct IDCW provide?

The Union Value Discovery Fund Direct IDCW has been there from 05 Dec 2018 and the average annual returns provided by this fund is 28.64% since its inception.

How much expense ratio is charged by Union Value Discovery Fund Direct IDCW?

The term Expense Ratio used for Union Value Discovery Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Union Value Discovery Fund Direct IDCW is 1.51% as of 08 Dec 2023...

What is the AUM of Union Value Discovery Fund Direct IDCW?

The AUM, short for Assets Under Management of Union Value Discovery Fund Direct IDCW is ₹172.18Cr as of 08 Dec 2023.

How to Redeem Union Value Discovery Fund Direct IDCW?

If you want to sell your Union Value Discovery Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Union Value Discovery Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Union Value Discovery Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Union Value Discovery Fund Direct IDCW?

The NAV of Union Value Discovery Fund Direct IDCW is ₹23.85 as of 07 Dec 2023.

What is the PE and PB ratio of Union Value Discovery Fund Direct IDCW?

The PE ratio ratio of Union Value Discovery Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Union Value Discovery Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

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Union Value Discovery Fund Direct IDCW
Equity
Value
Very High Risk
Payout
24.16%
3Y annualised
+0.29% 1D
1M
6M
1Y
3Y
All
 NAV: 07 Dec 2023₹23.85
Min. SIP amount₹1,000
Rating2
Fund size₹172.18Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Value
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA28.6%24.2%19.0%
Category averageNA26.9%22.8%NA
Rank with in categoryNA139NA
Understand terms
Holdings (49)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity5.8%
Reliance Industries Ltd.
EnergyEquity4.1%
Tata Motors Ltd. - DVR Ordinary
AutomobileEquity4.0%
State Bank of India
FinancialEquity3.7%
ICICI Bank Ltd.
FinancialEquity3.6%
NTPC Ltd.
EnergyEquity3.5%
Coromandel International Ltd.
ChemicalsEquity3.4%
Axis Bank Ltd.
FinancialEquity3.4%
Electronics Mart India Ltd.
ServicesEquity3.3%
Escorts Kubota Ltd.
AutomobileEquity3.3%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
02 Dec 2023 - Present
1.51%
01 Dec 2023 - 02 Dec 2023
1.51%
30 Nov 2023 - 01 Dec 2023
1.51%
29 Nov 2023 - 30 Nov 2023
1.51%
28 Nov 2023 - 29 Nov 2023
1.51%
27 Nov 2023 - 28 Nov 2023
1.51%
26 Nov 2023 - 27 Nov 2023
1.51%
25 Nov 2023 - 26 Nov 2023
1.51%
24 Nov 2023 - 25 Nov 2023
1.51%
23 Nov 2023 - 24 Nov 2023
1.51%
22 Nov 2023 - 23 Nov 2023
1.51%
21 Nov 2023 - 22 Nov 2023
1.51%
20 Nov 2023 - 21 Nov 2023
1.51%
19 Nov 2023 - 20 Nov 2023
1.51%
18 Nov 2023 - 19 Nov 2023
1.51%
17 Nov 2023 - 18 Nov 2023
1.51%
16 Nov 2023 - 17 Nov 2023
1.51%
15 Nov 2023 - 16 Nov 2023
1.51%
14 Nov 2023 - 15 Nov 2023
1.51%
13 Nov 2023 - 14 Nov 2023
1.51%
12 Nov 2023 - 13 Nov 2023
1.51%
11 Nov 2023 - 12 Nov 2023
1.51%
10 Nov 2023 - 11 Nov 2023
1.51%
09 Nov 2023 - 10 Nov 2023
1.51%
08 Nov 2023 - 09 Nov 2023
1.51%
07 Nov 2023 - 08 Nov 2023
1.51%
06 Nov 2023 - 07 Nov 2023
1.51%
05 Nov 2023 - 06 Nov 2023
1.51%
04 Nov 2023 - 05 Nov 2023
1.51%
03 Nov 2023 - 04 Nov 2023
1.51%
02 Nov 2023 - 03 Nov 2023
1.51%
01 Nov 2023 - 02 Nov 2023
1.51%
31 Oct 2023 - 01 Nov 2023
1.51%
30 Oct 2023 - 31 Oct 2023
1.51%
29 Oct 2023 - 30 Oct 2023
1.51%
28 Oct 2023 - 29 Oct 2023
1.51%
27 Oct 2023 - 28 Oct 2023
1.51%
26 Oct 2023 - 27 Oct 2023
1.51%
25 Oct 2023 - 26 Oct 2023
1.51%
24 Oct 2023 - 25 Oct 2023
1.51%
23 Oct 2023 - 24 Oct 2023
1.51%
22 Oct 2023 - 23 Oct 2023
1.51%
21 Oct 2023 - 22 Oct 2023
1.51%
20 Oct 2023 - 21 Oct 2023
1.51%
19 Oct 2023 - 20 Oct 2023
1.51%
18 Oct 2023 - 19 Oct 2023
1.51%
17 Oct 2023 - 18 Oct 2023
1.51%
16 Oct 2023 - 17 Oct 2023
1.51%
15 Oct 2023 - 16 Oct 2023
1.51%
14 Oct 2023 - 15 Oct 2023
1.51%
13 Oct 2023 - 14 Oct 2023
1.51%
12 Oct 2023 - 13 Oct 2023
1.51%
11 Oct 2023 - 12 Oct 2023
1.51%
10 Oct 2023 - 11 Oct 2023
1.51%
09 Oct 2023 - 10 Oct 2023
1.51%
08 Oct 2023 - 09 Oct 2023
1.51%
07 Oct 2023 - 08 Oct 2023
1.51%
06 Oct 2023 - 07 Oct 2023
1.51%
05 Oct 2023 - 06 Oct 2023
1.51%
04 Oct 2023 - 05 Oct 2023
1.51%
03 Oct 2023 - 04 Oct 2023
1.51%
02 Oct 2023 - 03 Oct 2023
1.51%
01 Oct 2023 - 02 Oct 2023
1.51%
30 Sep 2023 - 01 Oct 2023
1.51%
29 Sep 2023 - 30 Sep 2023
1.51%
28 Sep 2023 - 29 Sep 2023
1.51%
27 Sep 2023 - 28 Sep 2023
1.51%
26 Sep 2023 - 27 Sep 2023
1.51%
25 Sep 2023 - 26 Sep 2023
1.51%
24 Sep 2023 - 25 Sep 2023
1.51%
23 Sep 2023 - 24 Sep 2023
1.51%
22 Sep 2023 - 23 Sep 2023
1.51%
21 Sep 2023 - 22 Sep 2023
1.51%
20 Sep 2023 - 21 Sep 2023
1.51%
19 Sep 2023 - 20 Sep 2023
1.51%
18 Sep 2023 - 19 Sep 2023
1.51%
17 Sep 2023 - 18 Sep 2023
1.51%
16 Sep 2023 - 17 Sep 2023
1.51%
15 Sep 2023 - 16 Sep 2023
1.51%
14 Sep 2023 - 15 Sep 2023
1.51%
13 Sep 2023 - 14 Sep 2023
1.51%
12 Sep 2023 - 13 Sep 2023
1.51%
11 Sep 2023 - 12 Sep 2023
1.51%
10 Sep 2023 - 11 Sep 2023
1.51%
09 Sep 2023 - 10 Sep 2023
1.51%
08 Sep 2023 - 09 Sep 2023
1.51%
07 Sep 2023 - 08 Sep 2023
1.51%
06 Sep 2023 - 07 Sep 2023
1.51%
05 Sep 2023 - 06 Sep 2023
1.51%
04 Sep 2023 - 05 Sep 2023
1.51%
03 Sep 2023 - 04 Sep 2023
1.51%
02 Sep 2023 - 03 Sep 2023
1.51%
01 Sep 2023 - 02 Sep 2023
1.51%
31 Aug 2023 - 01 Sep 2023
1.51%
31 Jul 2023 - 31 Aug 2023
1.51%
30 Jun 2023 - 31 Jul 2023
1.51%
31 May 2023 - 30 Jun 2023
1.51%
30 Apr 2023 - 31 May 2023
1.57%
31 Mar 2023 - 30 Apr 2023
1.71%
28 Feb 2023 - 31 Mar 2023
1.67%
31 Jan 2023 - 28 Feb 2023
1.59%
31 Dec 2022 - 31 Jan 2023
1.71%
31 Dec 2022 - 31 Dec 2022
1.71%
31 Dec 2022 - 31 Dec 2022
1.71%
30 Nov 2022 - 31 Dec 2022
1.71%
30 Nov 2022 - 30 Nov 2022
1.71%
30 Nov 2022 - 30 Nov 2022
1.71%
31 Oct 2022 - 30 Nov 2022
1.71%
31 Oct 2022 - 31 Oct 2022
1.71%
31 Oct 2022 - 31 Oct 2022
1.71%
30 Sep 2022 - 31 Oct 2022
1.71%
30 Sep 2022 - 30 Sep 2022
1.71%
30 Sep 2022 - 30 Sep 2022
1.71%
31 Aug 2022 - 30 Sep 2022
1.62%
31 Aug 2022 - 31 Aug 2022
1.62%
31 Jul 2022 - 31 Aug 2022
1.62%
31 Jul 2022 - 31 Jul 2022
1.62%
30 Jun 2022 - 31 Jul 2022
1.62%
30 Jun 2022 - 30 Jun 2022
1.62%
31 May 2022 - 30 Jun 2022
1.62%
31 May 2022 - 31 May 2022
1.62%
30 Apr 2022 - 31 May 2022
1.62%
30 Apr 2022 - 30 Apr 2022
1.62%
31 Mar 2022 - 30 Apr 2022
1.68%
31 Mar 2022 - 31 Mar 2022
1.68%
28 Feb 2022 - 31 Mar 2022
1.68%
28 Feb 2022 - 28 Feb 2022
1.68%
31 Jan 2022 - 28 Feb 2022
1.80%
31 Dec 2021 - 31 Jan 2022
1.80%
30 Nov 2021 - 31 Dec 2021
1.90%
31 Oct 2021 - 30 Nov 2021
1.90%
30 Sep 2021 - 31 Oct 2021
1.90%
31 Aug 2021 - 30 Sep 2021
1.77%
31 Jul 2021 - 31 Aug 2021
1.77%
30 Jun 2021 - 31 Jul 2021
1.77%
31 May 2021 - 30 Jun 2021
1.77%
30 Apr 2021 - 31 May 2021
1.77%
31 Mar 2021 - 30 Apr 2021
1.92%
28 Feb 2021 - 31 Mar 2021
2.01%
31 Jan 2021 - 28 Feb 2021
2.01%
31 Dec 2020 - 31 Jan 2021
1.78%
30 Nov 2020 - 31 Dec 2020
1.78%
31 Oct 2020 - 30 Nov 2020
1.78%
30 Sep 2020 - 31 Oct 2020
1.78%
31 Aug 2020 - 30 Sep 2020
1.78%
31 Jul 2020 - 31 Aug 2020
1.78%
30 Jun 2020 - 31 Jul 2020
1.78%
31 May 2020 - 30 Jun 2020
1.78%
30 Apr 2020 - 31 May 2020
1.78%
31 Mar 2020 - 30 Apr 2020
2.23%
29 Feb 2020 - 31 Mar 2020
2.23%
31 Jan 2020 - 29 Feb 2020
1.74%
31 Dec 2019 - 31 Jan 2020
1.50%
30 Nov 2019 - 31 Dec 2019
1.50%
31 Oct 2019 - 30 Nov 2019
1.56%
30 Sep 2019 - 31 Oct 2019
1.56%
31 Aug 2019 - 30 Sep 2019
1.56%
31 Jul 2019 - 31 Aug 2019
1.56%
30 Jun 2019 - 31 Jul 2019
1.56%
31 May 2019 - 30 Jun 2019
1.62%
30 Apr 2019 - 31 May 2019
1.62%
31 Mar 2019 - 30 Apr 2019
1.83%
28 Feb 2019 - 31 Mar 2019
1.91%
31 Jan 2019 - 28 Feb 2019
1.92%
31 Dec 2018 - 31 Jan 2019
1.92%
Expense ratio, exit load and taxExpense ratio: 1.51%Inclusive of GST
Exit load1% exit load if redeemed within 15 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementHardick Bora
Jan 2023 - Present
View details
Education
Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.
Experience
He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.
Also manages these schemes
Union Flexi Cap Fund Direct Growth
Union Tax Saver (ELSS) Fund Direct Growth
Union Small Cap Fund Direct Growth
Union Largecap Fund Direct Growth
Union Balanced Advantage Fund Direct Growth
Union Equity Savings Fund Direct Growth
Union Value Discovery Fund Direct Growth
Union Focused Fund Direct Growth
Union Large & Midcap Fund Direct Growth
Union Midcap Fund Direct Growth
Union Hybrid Equity Fund Direct Growth
Union Retirement Fund Direct Growth
Union Multicap Fund Direct Growth
Union Innovation & Opportunities Fund Direct Growth
Sanjay Bembalkar
Jun 2021 - Present
View details
Education
Mr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.
Experience
Research Analyst - Equity - Canara Robeco Asset Management Company Ltd. (December 2017 to September 2019) Research Analyst - Equity - LIC Mutual Fund Asset Management Ltd.(August 2015 to December 2017) Assistant Vice President - Quantum Advisors Pvt. Ltd (April 2010 to August 2015) Intern Analyst - Autonomous Research LLP (August 2009 to January 2010).
Also manages these schemes
Canara Robeco Bluechip Equity Fund Direct Growth
Union Flexi Cap Fund Direct Growth
Union Tax Saver (ELSS) Fund Direct Growth
Union Small Cap Fund Direct Growth
Union Largecap Fund Direct Growth
Canara Robeco Capital Protection Oriented Fund Series 8 Direct Growth
Union Balanced Advantage Fund Direct Growth
Canara Robeco Capital Protection Oriented Fund Series 9 Direct Growth
Canara Robeco Dual Advantage Fund Series 1 Direct Growth
Union Equity Savings Fund Direct Growth
Union Value Discovery Fund Direct Growth
Canara Robeco Capital Protection Oriented Fund Series 10 Direct Growth
Union Focused Fund Direct Growth
Union Large & Midcap Fund Direct Growth
Union Midcap Fund Direct Growth
Union Hybrid Equity Fund Direct Growth
Union Retirement Fund Direct Growth
Union Multicap Fund Direct Growth
Union Innovation & Opportunities Fund Direct Growth
Fund house & investment objective
Union Mutual Fund
Rank (total assets)#27 in India
Total AUM₹8,289.10Cr
Date of Incorporation30 Dec 2009
 Union Value Discovery Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Vinay Paharia is the Current Fund Manager of Union Value Discovery Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹8,289 Cr and the Latest NAV as of 07 Dec 2023 is ₹23.85.
The Union Value Discovery Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹1,000. 1% exit load if redeemed within 15 days.
;
Investment ObjectiveThe scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related securities of companies which are undervalued (or are trading below their intrinsic value).
;
Fund benchmarkS&P BSE 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Unit 503, 5th Floor,Leela Business Park, Andheri Kurla Road,Andheri (East) Mumbai 400059
Phone
022-67483300 / 1800-200-2268
Launch Date
30 Dec 2009
E-mail
[email protected]
Website
www.unionmf.com
Union Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Union Value Discovery Fund Direct IDCW
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	28.6%	24.2%	19.0%
Category average	NA	26.9%	22.8%	NA
Rank with in category	NA	13	9	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	5.8%
Reliance Industries Ltd.	Energy	Equity	4.1%
Tata Motors Ltd. - DVR Ordinary	Automobile	Equity	4.0%
State Bank of India	Financial	Equity	3.7%
ICICI Bank Ltd.	Financial	Equity	3.6%
NTPC Ltd.	Energy	Equity	3.5%
Coromandel International Ltd.	Chemicals	Equity	3.4%
Axis Bank Ltd.	Financial	Equity	3.4%
Electronics Mart India Ltd.	Services	Equity	3.3%
Escorts Kubota Ltd.	Automobile	Equity	3.3%

Rank (total assets)	#27 in India
Total AUM	₹8,289.10Cr

Date of Incorporation	30 Dec 2009

Fund benchmark	S&P BSE 500 Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹172.18Cr

Union Value Discovery Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (49)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.51%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Hardick BoraJan 2023 - PresentView details

Sanjay BembalkarJun 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Hardick Bora
Jan 2023 - Present
View details

Sanjay Bembalkar
Jun 2021 - Present
View details