Equity
Direct
Equity - Other
NAV as on 13-03-2025
₹ 7.69
1D
Inception Returns
/yr
Union Active Momentum Fund Direct Growth is an equity fund. This fund was started on 19 December, 2024. The fund is managed by Sanjay Bembalkar. The fund could potentially beat inflation in the long-run.
Union Active Momentum Fund Direct Growth has given a CAGR return of -23.10% since inception.
Union Active Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Industrial, Health, Financial Services, Consumer Cyclical, Communication, Basic Materials, Real Estate, Government. Its top holdings are Fortis Healthcare Ltd, Indian Hotels Co Ltd, Dixon Technologies (India) Ltd, KFin Technologies Ltd, PB Fintech Ltd
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit relatively superior price momentum – based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. The portfolio of stocks will be selected, weighted and rebalanced using proprietary screens.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Active Momentum Fund Direct Growth has no lock in period.
Expense ratio | 1.06% |
Benchmark | IISL Nifty 500 TR INR |
AUM | ₹358 Cr |
Inception Date | 19 December, 2024 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 0% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (13-Mar-25)
as on (31-Jan-25)
Union Active Momentum Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.9% | -6.9% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Union Active Momentum Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Active Momentum Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Active Momentum Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Active Momentum Fund Direct Growth | - | - | - |