Union Value Discovery Fund Direct Growth

Equity
Value
Very High Risk
24.09%
3Y annualised
-0.17% 1D
1M
6M
1Y
3Y
All
NAV: 08 Dec 2023₹23.81
Min. SIP amount₹1,000
Rating2
Fund size₹186.79Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Value
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA27.7%24.1%18.9%
Category averageNA26.2%23.8%NA
Rank with in categoryNA139NA
Understand terms

Holdings (46)

NameSectorInstrumentAssets
FinancialEquity7.0%
EnergyEquity3.9%
EnergyEquity3.6%
ChemicalsEquity3.5%
FinancialEquity3.4%
FinancialEquity3.4%
AutomobileEquity3.1%
FinancialEquity3.1%
AutomobileEquity3.0%
ConstructionEquity3.0%
See All

Pros and cons

Category: Equity Value

Pros

Cons

Higher alpha: 5.76 The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y
Higher expense ratio: 1.51%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.51%

Inclusive of GST

Exit load

1% exit load if redeemed within 15 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Hardick 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

Fund house & investment objective

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
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,

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