Union Active Momentum Fund Direct Growth

Union Active Momentum Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 13-03-2025

₹ 7.69

-0.6%

1D

Inception Returns

-23.1%

/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

  1. 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.
  2. 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 benefit
Dividends 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

Absolute

zero opening, trading, fund transfer fee
245 people have invested ₹ 20.6L in Union Active Momentum Fund Direct Growth in the last three months

Union Active Momentum Fund Direct Growth Overview

Expense ratio1.06%
Benchmark
IISL Nifty 500 TR INR
AUM₹358 Cr
Inception Date19 December, 2024
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (13-Mar-25)

Period
Union Active Momentum Fund Direct Growth
Nifty 500
equity - other
1M
-6.9%
-2.2%
-

Fund Distribution

as on (31-Jan-25)

  • Equity 86.4%

  • Debt & Cash 13.6%

Mid cap
35.7%

Small cap
26.3%

Large cap
24.5%

Sector Allocation

Feb'25

Jan'25

Dec'24

Tech
21%
Industrial
18%
Health
17%
Financial Services
16.5%
Consumer Cyclical
15%
Communication
5.7%
Basic Materials
5.1%
Real Estate
1.7%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
HDFC Bank Ltd
HDFC Bank Ltd
0.7%
Bajaj Finance Ltd
Bajaj Finance Ltd
0.3%
Fund
Jan'25
No of Holdings
43
Top 5 Company Concentration
13.4%
Company having highest exposure
Muthoot Finance Ltd (2.7%)
No of Sectors
9
Top 5 Sectors Concentration
86.1%
Sector having highest exposure
Industrial (25.7%)
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Sanjay Bembalkar
Sanjay Bembalkar
Fund Manager of Union Active Momentum Fund Direct Growth, since 19 December 2024
Fund House
Union Asset Management Co. Pvt. Ltd.
Total Schemes
Total AUM
₹24.63K Cr
as on 31-Jan-2025
Address
Union Asset Management Co. Pvt. Ltd.,Unit 802, 8th Floor, Tower ‘A’,,Peninsula Business Park, Ganpatrao Kadam Marg,,Lower Parel (West)
Phone
+9102267483333
Website
investorcare@unionmf.com

Union Active Momentum Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 86.4% in Equity, 0.08% in Debt and 13.52% in Cash related instruments
AUM size ₹358 Cr

AUM size ₹358 Cr

This fund has AUM of ₹358 Cr which is less than its category average of ₹ 2038 Cr
Expense Ratio 1.06%

Expense Ratio 1.06%

This fund has an expense ratio of 1.06% which is less than its category average expense ratio of 1.29%

Frequently Asked Questions for Union Active Momentum Fund Direct Growth

The current NAV of Union Active Momentum Fund Direct Growth is ₹7.69 as on 13-Mar-2025.
Existing (Absolute + CAGR) as on 13-Mar-2025.
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%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
1.06% as on February 2025
₹358 Cr as on February 2025
Fortis Healthcare Ltd(2.22%), Indian Hotels Co Ltd(2.15%), Dixon Technologies (India) Ltd(2.13%), KFin Technologies Ltd(2.08%), PB Fintech Ltd(2.03%) as on February 2025
Tech(18.18%), Industrial(15.53%), Health(14.73%) as on February 2025
The alpha ratio for the Union Active Momentum Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Union Active Momentum Fund Direct Growth
-
-
-
As on February 2025
The alpha for Union Active Momentum Fund Direct Growth is calculated against IISL Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Union Active Momentum Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Union Active Momentum Fund Direct Growth
-
-
-
As on February 2025
The Beta for Union Active Momentum Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Union Active Momentum Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Union Active Momentum Fund Direct Growth
-
-
-
As on February 2025
The sharpe ratio for Union Active Momentum Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Union Active Momentum Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Union Active Momentum Fund Direct Growth
-
-
-
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sanjay Bembalkar is the fund manager of Union Active Momentum Fund Direct Growth
The Exit load of Union Active Momentum Fund Direct Growth is 1%