Union Business Cycle Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 04-02-2025
₹ 10.7
▲1.6%
1D
Inception Returns
7%
/yr
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 ₹585 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Union Business Cycle Fund Direct Growth has given a CAGR return of 7.00% since inception.
Holdings
Union Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Communication, Basic Materials, Energy, Real Estate, Utilities, Government. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Larsen & Toubro 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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.
Historical NAV & Returns
Union Business Cycle Fund Direct Growth Overview
| Expense ratio | 0.98% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹585 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 (04-Feb-25)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at -0.09% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.51% in Nov'24
- AUM of the fund stands at 573.8 Cr as of Dec'24
- AUM increased by 13.7 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Financial Services, Consumer Cyclical & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.92% | 12.1% | |
 ICICI Bank Ltd | 5.99% | 19.3% | |
 Bharti Airtel Ltd | 4.13% | 0% | |
 Larsen & Toubro Ltd | 4.05% | 42.5% | |
 Infosys Ltd | 3.85% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Alivus Life Sciences Ltd | 12% |
 Bharti Airtel Ltd | 1.5% |
 Reliance Industries Ltd | 1.1% |
Union Business Cycle Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹585 Cr
Expense Ratio 0.98%
Frequently Asked Questions for Union Business Cycle Fund Direct Growth
Union Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.22% | -6.22% |
6 Month Returns | -7.28% | -7.28% |
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 |
Union Business Cycle Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Union Business Cycle Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Union Business Cycle Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Union Business Cycle Fund Direct Growth | - | - | - |