Union Business Cycle Fund Direct Growth
NAV as on 11-04-2025
₹ 10.15
▲1.7%
1D
Inception Returns
1.4%
/yr
Historical NAV & Returns
About Union Business Cycle Fund Direct Growth
Union Business Cycle Fund Direct Growth is an equity fund. This fund was started on 5 March, 2024. The fund is managed by Pratik Dharmshi, Harshad Patwardhan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Business Cycle Fund Direct Growth has ₹550 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Union Business Cycle Fund Direct Growth has given a CAGR return of 1.36% since inception. Over the last 1 year the fund has given a CAGR return of -1.74%.
Holdings
Union Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Health, Communication, Tech, Energy, Consumer Defensive, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Reliance Industries Ltd, Infosys 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 Business Cycle Fund Direct Growth
The investment objective of the Scheme is to generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Business Cycle Fund Direct Growth has no lock in period.
Union Business Cycle Fund Direct Growth Overview
| Expense ratio | 0.74% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹550 Cr |
| Inception Date | 5 March, 2024 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0.2% |
| 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 (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 7.08% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 0.17% in Mar'25
- AUM of the fund stands at 513 Cr as of Feb'25
- AUM decreased by 72.1 Cr between Feb'25 and Jan'25
Top 3 Sectors in February were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.17% | 28.8% | |
 ICICI Bank Ltd | 6.52% | 0% | |
 Bharti Airtel Ltd | 5.58% | 0% | |
 Reliance Industries Ltd | 3.93% | -16.9% | |
 Infosys Ltd | 3.58% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Union Business Cycle Fund Direct Growth | -1.74% | - | - | 1.36% |
 Franklin India Opportunities Fund - Direct - Growth | 9.03% | 26.22% | 33.08% | 17.65% |
 ICICI Prudential India Opportunities Fund Direct Growth | 7.34% | 21.73% | 34.63% | 22.13% |
ICICI Prudential Business Cycle Fund Direct Growth | 4.37% | 19.4% | - | 21.67% |
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 5.6% |
 ICICI Bank Ltd | 5.4% |
 Amber Enterprises India Ltd | 0.1% |
Union Business Cycle Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹550 Cr
Expense Ratio 0.74%
More funds from Union
5Y CAGR
▲ 31.06
5Y CAGR
▲ 25.40
5Y CAGR
▲ 23.96
5Y CAGR
▲ 30.59
5Y CAGR
▲ 23.70
Frequently Asked Questions for Union Business Cycle Fund Direct Growth
Union Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.73% | 2.73% |
6 Month Returns | -14.42% | -14.42% |
1 Year Returns | -1.74% | -1.74% |
3 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 |
Union Business Cycle Fund Direct Growth | -3.09 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Business Cycle Fund Direct Growth | 0.95 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Business Cycle Fund Direct Growth | -0.14 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Business Cycle Fund Direct Growth | 16.81 | - | - |