Union Active Momentum Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 13-03-2025
₹ 7.69
1D
Inception Returns
/yr
About Union Active Momentum Fund Direct Growth
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.
Key Parameters
- Union Active Momentum Fund Direct Growth has ₹358 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 1.1.
Returns
Union Active Momentum Fund Direct Growth has given a CAGR return of -23.10% since inception.
Holdings
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
Taxation
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.
Investment objective of Union Active Momentum Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Union Active Momentum Fund Direct Growth Overview
| 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 |
Trailing Returns
as on (13-Mar-25)
Fund Distribution
as on (31-Jan-25)
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 0.7% |
 Bajaj Finance Ltd | 0.3% |
Union Active Momentum Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹358 Cr
Expense Ratio 1.06%
Frequently Asked Questions for Union Active Momentum Fund Direct Growth
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% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
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Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
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Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
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